Buckingham Research upgraded KB Home (NYSE:KBH) to Buy in a statement released earlier today.
- Updated: September 19, 2016
Buckingham Research has upgraded KB Home(NYSE:KBH) to Buy in a statement released on 9/19/2016.
Showing a price of $14.88, KB Home (NYSE:KBH) traded 4.44% higher on the day. The last close is up 6.90% relative to the 200-day average, compared to the S&P 500 Index which has fallen -0.01% over the date range. KBH has registered a 50-day average of $15.63 and 200-day average of $14.54. 1,594,888 shares of KBH traded hands, down from ann average trading volume of 2,206,700
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With a market cap of $0.0, KB Home has a price-earnings of 16 with a 52 week low of $9.04 and a one-year high of $16.76.
A total of 14 equity analysts have reported on KB Home. Two analysts rate the stock a strong buy, one analyst rate the stock a buy, 13 analyts rate the company a hold, three brokerages rate the stock to underperform, and lastly 0 analystsrate the stock as sell with a consensus target stock price of $14.25
Brief Synopsis About KB Home (NYSE:KBH)
KB Home is a homebuilding company in the United States. The Company constructs and sells a range of new homes designed primarily for first-time, move-up and active adult homebuyers, including attached and detached single-family residential homes, townhomes and condominiums. Its segments include the West Coast, Southwest, Central and Southeast homebuilding segments, and financial services segment. Its homebuilding segments are engaged in the acquisition and development of land primarily for residential purposes. The financial services segment offers property and casualty insurance and, in certain instances, earthquake, flood and personal property insurance to its homebuyers in the same markets as its homebuilding segments, and also provides title services in various markets located within its Central and Southeast homebuilding segments. Its financial services operations also provide mortgage banking services, and including residential consumer mortgage loan originations.
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