KB Home to report Q4 numbers January 9

What's Happening With KBH View more about KBH >

KB Home (KBH) reports fourth-quarter earnings after the market close January 9. Analysts expect the company to post earnings of $0.93 per share versus $0.84 during the same period last year. KBH stock has fallen 21% over the last six months.

Technical Analysis

KBH was recently trading at $20.68 down $18.12 from its 12-month high and $3.86 above its 12-month low. InvestorsObserver’s Stock Score Report gives KBH a 60 long-term technical score and a 42 short-term technical score. The stock has recent support above $17 and recent resistance below $21.50. Of the 12 analysts who cover the stock 4 rate it Strong Buy, 1 rate it Buy, 6 rate it Hold, 0 rate it Sell, and 1 rate it Strong Sell, KBH gets a score of 46 from InvestorsObserver’s Stock Score Report.

Analysts' Thoughts

KBH has traded lower with the overall sector over the last year, but with the stock’s recent weakness its valuation looks very attractive at this point. KBH trades at less than 7 times future earnings and analysts expect the company to grow earnings by 78% next year and by an annual average rate of 18% over the next five years. Last quarter the company had mixed results with earnings better than expected and revenue weaker than expected. The market expects a set of strong numbers with a whisper number of 97 cents versus the consensus 93 cents. Given the stock’s low valuation and the market somewhat optimistic over the Fed reducing its forecast of rate hikes for 2019 to two from three, a strong quarterly report could result in a spike in the stock. Analysts have an average price target of $24.70 on the stock, so there is decent upside following a strong set of numbers.

KBH
About KB Home

KB Home is an American construction company that focuses on residential construction. The company builds single-family homes and communities across Arizona, California, Colorado, Florida, Nevada, Texas, North Carolina, and the Washington, D.C., area. KB Home operates in over several markets and focuses on first-time and move-up homebuyers. The company follows a built-to-order model that offers personalized homes at attainable prices based on market location. The company also invests in land acquisition and development to support future building activities.

  • Last Price:
    $25.09
  • Previous Close:
    $25.56
  • Change:
    $-0.47 (-1.84%)
  • Open:
    $25.48
  • Volume:
    1,950,599
  • Average Volume (100 Day):
    1,638,571
  • Market Capitalization:
    $2.2 B
  • Day's Range:
    $24.50 - $25.48
  • Dividend Yield:
    0.39%
  • 52-week Range:
    $28 - $16.82
  • P-E:
    9.40
  • EPS:
    $2.71
  • Earnings Date:
    6/26/19
  • Ex Dividend Date:
    5/1/19
  • Sector:
    Consumer Cyclical
  • Industry:
    Residential Construction
  • Analyst Average Recommendation:
    Moderate Buy

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