KB Home Underperforms as Shares Dip 1.09% Ahead of 64% EPS Slump
KB Home shares dipped 1.09% to $60.94 as the S&P 500 rose 1.97%, trailing the Construction sector’s 7.04% monthly gain vs the stock’s 6.94% increase. Q4 estimates call for EPS of $0.53 (−64% YoY) on $1.11 billion revenue (−20.6%), with a 14.7 forward P/E above the 13.9 industry average.
1. Market Performance
KB Home shares closed at $60.94, a 1.09% decrease in the latest session as the S&P 500 rose 1.97%. Over the past month, the stock has gained 6.94%, lagging the Construction sector’s 7.04% advance.
2. Q4 Earnings Forecast
Analysts estimate Q4 EPS of $0.53 on $1.11 billion in revenue, declines of 64% and 20.6% year-over-year, reflecting weaker sales activity in the homebuilding market.
3. Valuation Metrics
The company trades at a forward P/E of 14.7 versus the industry’s 13.9 average, holds a PEG ratio of 8.0 against the sector’s 2.1, and carries a Zacks Rank of #5 (Strong Sell) after a 0.47% upward EPS revision.