KB Home (NYSE:KBH) has been rated by 6 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $18 and the lowest price target forecast is $11. The average forecast of all the analysts is $14.08 and the expected standard deviation is $2.54.
Other Equity analysts have also commented on the company shares. In the latest statement by the brokerage house, UBS downgrades its outlook on KB Home (NYSE:KBH). The current rating of the shares is Sell, according to the research report released by the firm. Previously, the company had a rating of Neutral. The rating by the firm was issued on May 3, 2016.
KB Home (NYSE:KBH): stock turned positive on Thursday. Though the stock opened at $15, the bulls momentum made the stock top out at $15.08 level for the day. The stock recorded a low of $14.88 and closed the trading day at $15.08, in the green by 1.48%. The total traded volume for the day was 2,904,240. The stock had closed at $14.86 in the previous days trading.
The company shares have dropped -13.95% from its 1 Year high price. On Jun 25, 2015, the shares registered one year high at $17.42 and the one year low was seen on Jan 20, 2016. The 50-Day Moving Average price is $13.62 and the 200 Day Moving Average price is recorded at $12.73. On the companys insider trading activities, Franklin Nicholas S, officer (EVP, Strategic Operations) of Kb Home, executed a transaction worth $73,800 on April 27, 2015. A total of 5,000 shares were purchased at an average price of $14.76. The Insider information was divulged by the Securities and Exchange Commission in a Form 4 filing. The information is based on open market trades at the market prices.Option exercises are not covered.
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).