Several other analysts have also recently commented on the stock. Analysts at Zacks reiterated a ?neutral? rating on shares of KB Home in a research note to investors on Monday, December 24th. They now have a $16.00 price target on the stock. Separately, analysts at Williams Financial Group downgraded shares of KB Home to a ?sell? rating in a research note to investors on Friday, December 21st. Finally, analysts at Williams Capital downgraded shares of KB Home from a ?hold? rating to a ?sell? rating in a research note to investors on Friday, December 21st. Five research analysts have rated the stock with a buy rating, ten have issued a hold rating, two have assigned an underweight rating, and five have issued a sell rating to the stock. KB Home presently has a consensus rating of ?hold? and an average target price of $15.03.
KB Home opened at 17.11 on Wednesday. KB Home has a 1-year low of $6.46 and a 1-year high of $17.30. The stock?s 50-day moving average is currently $15.76. The company?s market cap is $1.319 billion.
KB Home last issued its quarterly earnings data on Thursday, December 20th. The company reported $0.10 earnings per share for the quarter, beating the analysts? consensus estimate of $0.06 by $0.04. The company had revenue of $578.20 million for the quarter, compared to the consensus estimate of $567.06 million. During the same quarter in 2012, the company posted $0.18 earnings per share. KB Home?s revenue was up 20.5% compared to the same quarter last year. On average, analysts predict that KB Home will post $0.10 earnings per share for the current fiscal year.
KB Home is a homebuilding company. The Company constructs and sells homes through its operating divisions under the name KB Home.