Wall Street predicts KB Home (KBH) stock to drop by -27.51%

KB Home [KBH] stock prices are up 2.91% to $82.02 at the moment. An important factor to consider is whether the stock is rising or falling in short-term value. The KBH shares have gain 4.55% over the last week, with a monthly amount glided 2.56%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

KB Home [NYSE: KBH] stock has seen the most recent analyst activity on October 07, 2024, when Wells Fargo downgraded its rating to a Underweight and also boosted its price target to $83 from $80. Previously, RBC Capital Mkts downgraded its rating to Underperform on September 05, 2024, and kept the price target unchanged to $70. On August 05, 2024, downgrade downgraded it’s rating to Sell but maintained its price target of $65 on the stock. Seaport Research Partners downgraded its rating to a Neutral. Deutsche Bank downgraded its rating to a Sell and reduced its price target to $46 on December 08, 2023. Wedbush downgraded its rating to Neutral for this stock on November 20, 2023. In a note dated November 02, 2023, Seaport Research Partners upgraded an Buy rating on this stock but restated the target price of $58.

The stock price of KB Home [KBH] has been fluctuating between $50.08 and $89.70 over the past year. Currently, Wall Street analysts expect the stock to reach $59.46 within the next 12 months. KB Home [NYSE: KBH] shares were valued at $82.02 at the most recent close of the market. An investor can expect a potential drop of -27.51% based on the average KBH price forecast.

Analyzing the KBH fundamentals

The KB Home [NYSE:KBH] reported sales of 6.60B for trailing twelve months, representing a surge of 10.43%. Gross Profit Margin for this corporation currently stands at 0.41% with Operating Profit Margin at 0.11%, Pretax Profit Margin comes in at 0.11%, and Net Profit Margin reading is 0.09%. To continue investigating profitability, this company’s Return on Assets is posted at 0.09, Equity is 0.16 and Total Capital is 0.12. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.51.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 80.05 points at the first support level, and at 78.09 for the second support level. However, for the 1st resistance point, the stock is sitting at 83.09, and for the 2nd resistance point, it is at 84.17.

Ratios To Look Out For

It’s worth pointing out that KB Home [NYSE:KBH]’s Current Ratio is 5.86. On the other hand, the Quick Ratio is 0.69, and the Cash Ratio is 0.45. Considering the valuation of this stock, the price to sales ratio is 0.91, the price to book ratio is 1.51 and price to earnings (TTM) ratio is 10.52.

Transactions by insiders

Recent insider trading involved Kaminski Jeff, EVP & Chief Financial Officer, that happened on Oct 14 ’24 when 27500.0 shares were sold. Officer, Kaminski Jeff completed a deal on Oct 14 ’24 to buy 27500.0 shares. Meanwhile, EVP, Real Estate & Bus. Dev. PRAW ALBERT Z sold 22160.0 shares on May 10 ’24.

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