KB Home (KBH) Rises As Market Takes a Dip: Key Facts

Company Performance - KB Home's stock closed at $60.74, reflecting a +1.49% change, outperforming the S&P 500's loss of 1.22% on the same day [1] - Over the last month, KB Home's shares decreased by 8.51%, underperforming the Construction sector's loss of 6.27% and the S&P 500's loss of 2.31% [1] Earnings Projections - The upcoming earnings report for KB Home is projected to show earnings per share (EPS) of$ 1.58, which is a 10.23% decrease from the same quarter last year [2] - Revenue is estimated to be $1.5 billion, indicating a 2.37% increase compared to the same quarter of the previous year [2] Annual Estimates - For the annual period, earnings are anticipated to be$ 8.42 per share, reflecting a -0.36% change from last year, while revenue is expected to be $7.21 billion, signifying a +3.98% increase [3] - Changes in analyst estimates for KB Home are crucial as they indicate the evolving nature of near-term business trends [3] Valuation Metrics - KB Home is currently trading with a Forward P/E ratio of 7.11, which is lower than the industry average of 7.84, suggesting it is trading at a discount [6] - The company has a PEG ratio of 0.86, compared to the industry average PEG ratio of 0.89 [6] Industry Context - The Building Products - Home Builders industry ranks in the bottom 10% of all industries, with a current Zacks Industry Rank of 227 [7] - The Zacks Industry Rank measures the strength of individual industry groups, indicating that top-rated industries outperform the bottom half by a factor of 2 to 1 [7]