KB Home (KBH) : Traders are bullish on KB Home (KBH) as it has outperformed the S&P 500 by a wide margin of 5.51% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 2.51%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 2.68% in the last 1 week, and is up 4.95% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
The stock has recorded a 20-day Moving Average of 4.15% and the 50-Day Moving Average is 2.96%.The 200 Day SMA reached 17.63%
KB Home (NYSE:KBH): After opening at $16.18, the stock dipped to an intraday low of $15.97 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $16.24 and the buying power remained strong till the end. The stock closed at $16.12 for the day, a gain of 0.19% for the day session. The total traded volume was 1,882,273. The stocks close on the previous trading day was $16.12.
KB Home (KBH) : The most positive equity analysts on KB Home (KBH) expects the shares to touch $22, whereas, the least positive believes that the stock will trade at $13 in the short term. The company is covered by 7 Wall Street Brokerage Firms. The average price target for shares are $15.64 with an expected fluctuation of $3.42 from the mean.
KB Home is a homebuilding company that constructs and sells homes through its operating divisions under the name KB Home. The Company operates through five operating segments, which includes four homebuilding segments and one financial services segment. The Companys homebuilding operations are organized into four segments: West Coast, Southwest, Central and Southeast. The Company delivered approximately 7,215 homes through its four homebuilding segments. The Companys financial services segment offers property and casualty insurance and, in certain instances, earthquake, flood and personal property insurance to its homebuyers. The Company also provides title services in the majority of its markets located within Central and Southeast homebuilding reporting segments. This segment also offers mortgage banking services, including residential consumer mortgage loan originations, to its homebuyers indirectly through Home Community Mortgage, LLC (HCM).