KB Residence (NYSE:KBH – Get Ranking) had its worth goal lifted by inventory analysts at Barclays from $42.00 to $51.00 in a analysis report issued on Friday, The Fly stories. Barclays’s worth goal would point out a possible upside of 28.89% from the inventory’s earlier shut.
→ “Put together for 5 Years of Famine” (From Legacy Analysis)
Different equities analysts additionally just lately issued stories concerning the inventory. Royal Financial institution of Canada boosted their worth goal on shares of KB Residence from $34.00 to $37.00 and gave the inventory a “sector carry out” ranking in a report on Thursday. Wedbush reissued an “outperform” ranking and set a $42.00 goal worth on shares of KB Residence in a analysis report on Monday. TheStreet upgraded shares of KB Residence from a “c+” ranking to a “b-” ranking in a analysis be aware on Wednesday, January 18th. JPMorgan Chase & Co. upgraded KB Residence from an “underweight” ranking to a “impartial” ranking and upped their worth goal for the corporate from $32.50 to $42.50 in a analysis be aware on Friday. Lastly, The Goldman Sachs Group raised their goal worth on KB Residence from $34.00 to $38.00 and gave the inventory a “purchase” ranking in a analysis report on Wednesday, December twenty first. One analyst has rated the inventory with a promote ranking, seven have issued a maintain ranking and 6 have issued a purchase ranking to the corporate’s inventory. Based mostly on knowledge from MarketBeat, KB Residence presently has a consensus ranking of “Maintain” and a mean worth goal of $39.71.
KB Residence Inventory Efficiency
NYSE:KBH opened at $39.57 on Friday. KB Residence has a 52 week low of $24.78 and a 52 week excessive of $40.92. The agency has a 50-day shifting common worth of $36.37 and a two-hundred day shifting common worth of $32.07. The agency has a market cap of $3.25 billion, a price-to-earnings ratio of 4.34, a price-to-earnings-growth ratio of 1.25 and a beta of 1.58.
KB Residence (NYSE:KBH – Get Ranking) final issued its quarterly earnings outcomes on Wednesday, March twenty second. The development firm reported $1.45 EPS for the quarter, beating analysts’ consensus estimates of $1.05 by $0.40. The corporate had income of $1.38 billion in the course of the quarter, in comparison with the consensus estimate of $1.30 billion. KB Residence had a return on fairness of 24.06% and a internet margin of 11.83%. KB Residence’s income was down 1.4% on a year-over-year foundation. Throughout the identical interval final yr, the enterprise posted $1.47 earnings per share. As a bunch, sell-side analysts forecast that KB Residence will put up 4.12 earnings per share for the present yr.
Institutional Traders Weigh In On KB Residence
Hedge funds and different institutional traders have just lately modified their holdings of the inventory. Ergoteles LLC boosted its place in shares of KB Residence by 5.8% within the third quarter. Ergoteles LLC now owns 52,063 shares of the development firm’s inventory valued at $1,349,000 after buying an extra 2,865 shares in the course of the interval. Cobalt Capital Administration Inc. grew its place in shares of KB Residence by 7.4% in the course of the 2nd quarter. Cobalt Capital Administration Inc. now owns 300,000 shares of the development firm’s inventory valued at $8,538,000 after buying an extra 20,800 shares within the final quarter. Guardian Wealth Advisors LLC purchased a brand new place in shares of KB Residence within the third quarter price $27,000. Grantham Mayo Van Otterloo & Co. LLC purchased a brand new place in shares of KB Residence within the second quarter price $228,000. Lastly, Rockefeller Capital Administration L.P. raised its place in shares of KB Residence by 4.3% within the third quarter. Rockefeller Capital Administration L.P. now owns 81,571 shares of the development firm’s inventory price $2,114,000 after shopping for an extra 3,338 shares within the final quarter. 89.29% of the inventory is presently owned by institutional traders.
KB Residence Firm Profile
(Get Ranking)
KB Residence engages in promoting and constructing a wide range of new houses. It builds varied kinds of houses, together with hooked up and indifferent single-family houses, townhomes, and condominiums. The agency operates by the next segments: West Coast, Southwest, Central, and Southeast. It supply houses in improvement communities, at city in-fill areas and as a part of mixed-use initiatives.
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