Construction sector’s KB Home’s (NYSE:KBH) Buy rating Reiterated by Barclays PLC

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KB Home (NYSE:KBH)‘s stock had its Buy rating Reiterated by analysts at Barclays PLC in a research report issued to clients and investors. A price-to-earnings ratio of 9.27, market cap of 2.7B and a beta of 1.94.  KB Home has a twelve month low $9.82 of  and a twelve month high of $40.51.

Shares of KB Home traded up $1.00 on Monday, reaching $29.58. 846574 shares of the stock traded hands, compared to its average volume of 2731722. Shares of KB Home at mid-way of the day on Monday were at $29.58. The firm’s 50 day moving average is $$29.34 and its 200 day moving average is $31.40.KB Home  has a 12 month low of $28.05 and a 12 month high of $40.51. While on yearly highs and lows, KB Home’s today has traded high as $29.68 and has touched $28.05 on the downward trend. See More Analyst Rating at: RATING

KB Home (NYSE:KBH) Moving Average Technical Analysis

5 day Moving Average is $30.76 And 5 day price change is -$5.06 (-15.10%)  with average volume for 5 day average is 4,497,193. While technical analysis for average 20 days shows significant difference, 20 day moving average is  $33.08 and 20 day price change is -$5.33 (-15.78%) and average 20 day moving volume is 2,750,603. 50 day moving average is $29.34  and 50 day price change is $7.25 ( 34.21%)  and with average volume for 50 days is : 2,457,127. 200 day moving average is $31.40  and 200 day price change is -$1.91 (-6.29%)  and with average volume for 200 days is : 2,257,013.

See More Analyst Rating at: RATING

KB Home Earnings and What to expect: 

KB Home last announced its earnings data on June 24th, 2020. The construction company reported $0.55 earnings per share for the quarter, beating the consensus estimate of $0.52 by $0.03. The company had revenue of $913.97 million for the quarter, compared to analyst estimates of $1.08 billion. Its quarterly revenue was down 10.6% compared to the same quarter last year. KB Home has generated $2.85 earnings per share over the last year and currently has a price-to-earnings ratio of 8.9. KB Home has not formally confirmed its next earnings publication date, but the company’s estimated earnings date is Wednesday, September 23rd, 2020 based off prior year’s report dates.

Latest Insiders Trading and Volume : 

  • Insider Ownership Percentage: 5.36%
  • On 1/28/2020 CEO Jeffrey T Mezger Sell 224,951 at average share price of $39.01 which equates to $8,775,338.51 in money value.
  • On 11/4/2019 CEO Jeffrey T Mezger Sell 3,100 at average price of  $36.00 with total value of : $111,600.00
  • On 11/1/2019 CFO Jeff Kaminski Sell 13,657 at average price of  $36.26 with total value of : $495,202.82

What other brokers have to say about KB Home :

  • 6/25/2020 – KB Home was downgraded by analysts at ValuEngine from a “sell” rating to a “strong sell” rating.
  • 6/25/2020 – KB Home had its price target raised by analysts at Wells Fargo & Co from $24.00 to $33.00. They now have an “overweight” rating on the stock.
  • 6/25/2020 – KB Home had its price target lowered by analysts at Royal Bank of Canada from $34.00 to $33.00. They now have a “sector perform” rating on the stock.
  • 6/25/2020 – KB Home was downgraded by analysts at Evercore ISI from an “outperform” rating to an “in-line” rating. They now have a $33.00 price target on the stock, down previously from $39.00.

Other firm’s rating by Barclays PLC:

  • 6/29/2020 – ZoomInfo Technologies is now covered by analysts at Barclays PLC. They set an “equal weight” rating and a $54.00 price target on the stock.
  • 6/29/2020 – Warner Music Group is now covered by analysts at Barclays PLC. They set an “equal weight” rating and a $28.00 price target on the stock.
  • 6/29/2020 – Pilgrim’s Pride was downgraded by analysts at Barclays PLC from an “overweight” rating to an “equal weight” rating. They now have a $20.00 price target on the stock.
  • 6/29/2020 – BRF was downgraded by analysts at Barclays PLC from an “overweight” rating to an “equal weight” rating.

See More Analyst Rating at: RATING