KB Home Shares Drop 1.06% to $60.52, Q1 EPS Forecast at $0.53
KB Home shares fell 1.06% to $60.52, underperforming the S&P 500 which declined 0.94%, despite a 6.27% one-month gain outpacing its sector. Analysts forecast Q1 EPS of $0.53 (down 64.4% YoY) on revenue of $1.11B (–20.6% YoY), leaving KB Home at a Zacks Rank #4 with a 14.61 forward P/E.
1. Recent Stock Performance
KB Home closed at $60.52, down 1.06% from the prior session, underperforming the S&P 500's 0.94% drop, the Dow's 0.83% decline and the Nasdaq's 1.02% fall. Shares have risen 6.27% over the past month, outpacing the Construction sector gain of 6.21% and the S&P 500's 1.3% loss.
2. Q1 and Fiscal Year Forecasts
Analysts project Q1 EPS of $0.53, a 64.43% decrease year-over-year, on revenue of $1.11 billion, down 20.57% from last year. Full-year consensus estimates forecast EPS of $4.19, down 35.74%, and revenue of $5.59 billion, down 10.38%, reflecting a subdued outlook for the business.
3. Valuation Metrics and Rankings
KB Home trades at a forward P/E of 14.61, slightly above the industry's 14.22 average, and a PEG ratio of 7.99 versus the industry's 1.73. The stock holds a Zacks Rank #4 (Sell) after a 1.02% 30-day EPS estimate revision and sits within the bottom 6% of industries by Zacks Industry Rank.