Press coverage about KB Home (NYSE:KBH) has been trending somewhat positive on Saturday, Accern reports. The research group scores the sentiment of media coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. KB Home earned a media sentiment score of 0.05 on Accern’s scale. Accern also assigned press coverage about the construction company an impact score of 46.2439403671961 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
Here are some of the news stories that may have effected Accern Sentiment Analysis’s analysis:
- KB Home (KBH) PT Raised to $32 at Wedbush – StreetInsider.com (streetinsider.com)
- KB Homes Downgraded On Valuation Risk After ‘Ballistic’ Growth – Benzinga (benzinga.com)
- Best-in-Class Analytics for Earnings Momentum Make KB Home (KBH) a Strong Buy – Investorplace.com (investorplace.com)
- KB Home Reports 2017 Fourth Quarter and Full Year Results (businesswire.com)
A number of equities research analysts have weighed in on the stock. Buckingham Research downgraded shares of KB Home from a “neutral” rating to an “underperform” rating and set a $34.00 target price for the company. in a report on Friday. Credit Suisse Group reaffirmed a “neutral” rating and issued a $31.00 target price (up previously from $25.00) on shares of KB Home in a report on Thursday. Zacks Investment Research raised shares of KB Home from a “hold” rating to a “strong-buy” rating and set a $39.00 target price for the company in a report on Tuesday. Wedbush increased their price objective on shares of KB Home from $28.00 to $30.00 and gave the company a “neutral” rating in a report on Friday, December 29th. Finally, ValuEngine raised shares of KB Home from a “buy” rating to a “strong-buy” rating in a report on Sunday, December 31st. Seven research analysts have rated the stock with a sell rating, ten have assigned a hold rating, one has assigned a buy rating and two have issued a strong buy rating to the stock. KB Home currently has a consensus rating of “Hold” and a consensus target price of $26.25.
Shares of KB Home (NYSE:KBH) traded down $1.60 during mid-day trading on Friday, reaching $36.98. 4,995,093 shares of the company’s stock were exchanged, compared to its average volume of 2,394,580. The company has a debt-to-equity ratio of 1.21, a current ratio of 5.36 and a quick ratio of 0.22. The company has a market cap of $3,337.18, a P/E ratio of 20.21, a P/E/G ratio of 0.67 and a beta of 1.70. KB Home has a twelve month low of $15.51 and a twelve month high of $38.80.
KB Home (NYSE:KBH) last issued its earnings results on Wednesday, January 10th. The construction company reported $0.84 EPS for the quarter, topping the Zacks’ consensus estimate of $0.77 by $0.07. KB Home had a net margin of 4.13% and a return on equity of 9.93%. The business had revenue of $1.40 billion for the quarter, compared to the consensus estimate of $1.36 billion. During the same period in the prior year, the firm earned $0.40 EPS. The company’s revenue for the quarter was up 17.7% compared to the same quarter last year. analysts expect that KB Home will post 2.37 earnings per share for the current fiscal year.
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About KB Home
KB HOME is a homebuilding company. The Company is engaged in selling and building a range of new homes designed primarily for first-time, move-up and active adult homebuyers, including attached and detached single-family residential homes. It operates through five segments, which consist of four homebuilding segments and one financial services segment.
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