KB Home (KBH) Receiving Somewhat Favorable News Coverage, Analysis Finds
Media stories about KB Home (NYSE:KBH) have trended somewhat positive on Friday, Accern Sentiment reports. The research firm identifies positive and negative press coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. KB Home earned a news impact score of 0.19 on Accern’s scale. Accern also gave news coverage about the construction company an impact score of 46.1930615414379 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
These are some of the news articles that may have impacted Accern Sentiment’s analysis:
- Traders Buy High Volume of KB Home Put Options (KBH) (americanbankingnews.com)
- Progress Software, KB Home, Cabot Oil & Gas and more – AFTER HOURS (proactiveinvestors.co.uk)
- KB Home (NYSE:KBH) Soars On Earnings, Here Is The Target (inthemoneystocks.com)
- KB Home (KBH) Q4 2017 Earnings Conference Call Transcript (foxbusiness.com)
- Here's Why KB Home Is Soaring Today (finance.yahoo.com)
Several research firms recently weighed in on KBH. Credit Suisse Group upped their price target on shares of KB Home from $24.00 to $25.00 and gave the stock a “neutral” rating in a research report on Friday, September 29th. Barclays upped their price target on shares of KB Home from $17.00 to $18.00 and gave the stock an “underweight” rating in a research report on Friday, September 29th. Wedbush upped their price target on shares of KB Home from $28.00 to $30.00 and gave the stock a “neutral” rating in a research report on Friday, December 29th. Keefe, Bruyette & Woods restated a “hold” rating and set a $24.00 price target on shares of KB Home in a research report on Friday, September 29th. Finally, Mizuho upgraded shares of KB Home from an “underperform” rating to a “neutral” rating and set a $21.00 price target for the company in a research report on Friday, September 29th. Seven research analysts have rated the stock with a sell rating, eleven have assigned a hold rating, one has given a buy rating and two have assigned a strong buy rating to the stock. KB Home currently has an average rating of “Hold” and an average price target of $24.82.
KB Home (NYSE:KBH) last released its quarterly earnings data on Wednesday, January 10th. The construction company reported $0.84 EPS for the quarter, beating the Zacks’ consensus estimate of $0.77 by $0.07. The company had revenue of $1.40 billion during the quarter, compared to the consensus estimate of $1.36 billion. KB Home had a net margin of 3.22% and a return on equity of 7.57%. KB Home’s quarterly revenue was up 17.7% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.40 EPS. research analysts expect that KB Home will post 1.77 earnings per share for the current 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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