KB Home (KBH) has been under a strong bear grip, hence the stock is down -0.3% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 2.83% in the past 1 week. The stock has risen by 2.16% in the past week indicating that the buyers are active at lower levels, but the stock is down -0.51% in the past 4 weeks.
Company shares have received an average consensus rating of Hold for the current week The stock has recorded a twenty day Moving Average of 0.19% and the fifty day Moving Average is 0.2%. KB Home is up 13.45% in the last three month period. Year-to-Date the stock performance stands at 27.41%.
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 (NYSE:KBH): On Fridays trading session , Opening price of the stock was $15.97 with an intraday high of $16.01. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $15.48. However, the stock managed to close at $15.62, a loss of 1.88% for the day. On the previous day, the stock had closed at $15.92. The total traded volume of the day was 1,480,571 shares.
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).