KB Home (KBH) : During the past 4 weeks, traders have been relatively bearish on KB Home (KBH), hence the stock is down -4.73% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -0.23% relative to the S&P 500. The stock has risen by 0.19% in the past week indicating that the buyers are active at lower levels, but the stock is down -2.36% in the past 4 weeks.
KB Home (NYSE:KBH): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $15.67 and $15.67 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $15.93. The buying momentum continued till the end and the stock did not give up its gains. It closed at $15.73, notching a gain of 0.90% for the day. The total traded volume was 1,758,379 . The stock had closed at $15.59 on the previous day.
The stock has recorded a 20-day Moving Average of 2.67% and the 50-Day Moving Average is 4.02%. KB Home is up 21.75% in the last 3-month period. Year-to-Date the stock performance stands at 28.31%.
KB Home (KBH) : The consensus price target for KB Home (KBH) is $14.58 for the short term with a standard deviation of $2.15. The most optimist securities analyst among the 6 who monitor the stock believes that the stock can reach $18, however, the pessimist price target for the company is $13.
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).