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KB Home (KBH, $34.39) Q1 sales rose +23% year-over-year
KB Home's first-quarter revenue rose +23% from the year-ago quarter to $1.40 billion, on the back of +22% growth in average sales prices. Home delivery volume was close to unchanged at 2,868. Those higher prices were enough to cover rising materials costs, as operating margin jumped 2.2 percentage points to 12.2%.
Earnings rose +44% from the year-ago quarter to $1.47 per share.
Backlogs increased +55% year over year to $5.71 billion.
Looking ahead, KB Home projects full-year fiscal 2022 revenue range of $7.2 billion to $7.6 billion, which implies growth of 26% to 33%. Average prices are expected to continue rising to between $490,000 and $500,000.
Aroon Indicator for KBH shows an upward move is likely
KBH's Aroon Indicator triggered a bullish signal on May 13, 2022. Tickeron's A.I.dvisor detected that the AroonUp green line is above 70 while the AroonDown red line is below 30. When the up indicator moves above 70 and the down indicator remains below 30, it is a sign that the stock could be setting up for a bullish move. Traders may want to buy the stock or look to buy calls options. A.I.dvisor looked at 293 similar instances where the Aroon Indicator showed a similar pattern. In 234 of the 293 cases, the stock moved higher in the days that followed. This puts the odds of a move higher at 80%.
Current price $32.93 crossed the support line at $33.27 and is trading between $33.27 support and $32.89 resistance lines. Throughout the month of 04/13/22 - 05/16/22, the price experienced a -0.28% Downtrend. During the week of 05/09/22 - 05/16/22, the stock fell -1%.
The RSI Indicator points to a transition from a downward trend to an upward trend -- in cases where KBH's RSI Oscillator exited the oversold zone, 17 of 22 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are 77%.
The Stochastic Indicator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. 42 of 59 cases where KBH's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are 71%.
The Momentum Indicator moved above the 0 level on May 13, 2022. You may want to consider a long position or call options on KBH as a result. In 68 of 96 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are 71%.
The Moving Average Convergence Divergence (MACD) for KBH just turned positive on May 13, 2022. Looking at past instances where KBH's MACD turned positive, the stock continued to rise in 37 of 51 cases over the following month. The odds of a continued upward trend are 73%.
Following a +7.93% 3-day Advance, the price is estimated to grow further. Considering data from situations where KBH advanced for three days, in 225 of 305 cases, the price rose further within the following month. The odds of a continued upward trend are 74%.
KBH may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
KBH moved below its 50-day Moving Average on May 05, 2022 date and that indicates a change from an upward trend to a downward trend.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where KBH declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 73%.
Tickeron has a negative outlook on this ticker and predicts a further decline by more than 4.00% within the next month with a likelihood of 65%. During the last month, the daily ratio of advancing to declining volumes was 1.12 to 1.
The Tickeron SMR rating for this company is 11 (best 1 - 100 worst), indicating very strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron Valuation Rating of 28 (best 1 - 100 worst) indicates that the company is slightly undervalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (0.942) is normal, around the industry mean (5.887). P/E Ratio (5.160) is within average values for comparable stocks, (12.200). Projected Growth (PEG Ratio) (0.000) is also within normal values, averaging (2.341). Dividend Yield (0.018) settles around the average of (0.054) among similar stocks. P/S Ratio (0.516) is also within normal values, averaging (107.530).
The Tickeron Profit vs. Risk Rating rating for this company is 55 (best 1 - 100 worst), indicating well-balanced risk and returns. The average Profit vs. Risk Rating rating for the industry is 69, placing this stock slightly better than average.
The Tickeron Price Growth Rating for this company is 60 (best 1 - 100 worst), indicating steady price growth. KBH’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron PE Growth Rating for this company is 87 (best 1 - 100 worst), pointing to worse than average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
Homebuilding includes companies residential home construction companies, renovators and repair firms. The companies may be building single-family or multifamily homes, condominiums or mobile homes. Over the five years to 2019, the Home Builders industry is estimated to have grown at an annualized rate of 2.5% to reach $89.4 billion, (including expected growth of 2.6% in 2019), according to a study by IbisWorld. After having suffered one of its worst crises a decade ago during the last macroeconomic recession–which had much of its origins in U.S. real estate – the homebuilding industry has been recovering steadily so far. Higher disposable incomes and improving economic activity have bolstered consumers’ purchases of homes. While revenue of the Home Builders industry remains well below its prerecession high, demand growth estimates show promise.
The average market capitalization across the Homebuilding Industry is 4B. The market cap for tickers in the group ranges from 789.7K to 25.8B. LEN.B holds the highest valuation in this group at 25.8B. The lowest valued company is EGBB at 789.7K.
The average weekly price growth across all stocks in the Homebuilding Industry was -0.8%. For the same Industry, the average monthly price growth was -2.21%, and the average quarterly price growth was -19.57%. EGBB experienced the highest price growth at 40.88%, while STHI experienced the biggest fall at -32.89%.
- 5/5/22 4:57 AM: KB Home (KBH, $35.71) was a top weekly gainer, with a +10.81% jump
- 4/14/22 4:49 AM: KB Home (KBH, $33.17) was a top weekly gainer, with a +7.03% jump
- 3/22/22 5:13 AM: KB Home (KBH, $37.4) was a top weekly gainer, with a +5.44% jump
The average weekly volume growth across all stocks in the Homebuilding Industry was 19.35%. For the same stocks of the Industry, the average monthly volume growth was 15.07% and the average quarterly volume growth was 100.84%
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Stocks in the group have a Negative Outlook today, backed by the MA200MA50 Indicator. Tickeron has a negative outlook on this group and predicts a further decline by more than 4.00% within the next month with a likelihood of 50%. During the last month, the daily ratio of advancing to declining volumes was 1 to 1.03.
14 stocks in the group of tickers confirmed the negative outlook based on the TrendWeek indicator with average odds of 67%.
The most notable companies in this group are DR Horton (NYSE:DHI), Lennar Corp (NYSE:LEN), Pultegroup (NYSE:PHM), KB Home (NYSE:KBH).
The average market capitalization across the group is 4.5B. The market cap for tickers in the group ranges from 0 to 24.1B. DHI holds the highest valuation in this group at 24.1B. The lowest valued company is HOVNP at 0.
The average weekly price growth across all stocks in the group was -0.7%. For the same group, the average monthly price growth was -0.43%, and the average quarterly price growth was -21.41%. BZH experienced the highest price growth at 6.85%, while ASCK experienced the biggest fall at -32.87%.
- 5/14/22 4:22 AM: Cyrela Brazil Realty SA (CYRBY, $2.86) was a top weekly gainer, with a +5.15% jump
- 5/12/22 5:38 AM: Tri Pointe Homes (TPH, $19.19) was a top loser this week, declining -13.48%. Expect a Downtrend reversal
- 5/12/22 5:38 AM: Taylor Morrison Home (TMHC, $25.54) was a top loser this week, declining -13.31%. Expect a Downtrend reversal
The average weekly volume growth across all stocks in the group was -17.32%. For the same stocks of the group, the average monthly volume growth was 1359.33% and the average quarterly volume growth was 75.96%
- 4/30/22 5:51 AM: The volume for Tri Pointe Homes stock increased for one day, resulting in a record-breaking daily growth of 348% of the 65-Day Volume Moving Average
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
The most notable companies in this group are DR Horton (NYSE:DHI), Lennar Corp (NYSE:LEN), Pultegroup (NYSE:PHM), KB Home (NYSE:KBH).
Homebuilding includes companies residential home construction companies, renovators and repair firms. The companies may be building single-family or multifamily homes, condominiums or mobile homes. Over the five years to 2019, the Home Builders industry is estimated to have grown at an annualized rate of 2.5% to reach $89.4 billion, (including expected growth of 2.6% in 2019), according to a study by IbisWorld. After having suffered one of its worst crises a decade ago during the last macroeconomic recession–which had much of its origins in U.S. real estate – the homebuilding industry has been recovering steadily so far. Higher disposable incomes and improving economic activity have bolstered consumers’ purchases of homes. While revenue of the Home Builders industry remains well below its prerecession high, demand growth estimates show promise.
The average market capitalization across the Homebuilding Industry is 4B. The market cap for tickers in the group ranges from 789.7K to 25.8B. LEN.B holds the highest valuation in this group at 25.8B. The lowest valued company is EGBB at 789.7K.
The average weekly price growth across all stocks in the Homebuilding Industry was 0.37%. For the same Industry, the average monthly price growth was -0.01%, and the average quarterly price growth was -18.54%. EGBB experienced the highest price growth at 40.88%, while ASCK experienced the biggest fall at -32.87%.
- 5/14/22 4:22 AM: Cyrela Brazil Realty SA (CYRBY, $2.86) was a top weekly gainer, with a +5.15% jump
- 5/12/22 5:38 AM: Tri Pointe Homes (TPH, $19.19) was a top loser this week, declining -13.48%. Expect a Downtrend reversal
- 5/12/22 5:38 AM: Taylor Morrison Home (TMHC, $25.54) was a top loser this week, declining -13.31%. Expect a Downtrend reversal
The average weekly volume growth across all stocks in the Homebuilding Industry was -75.99%. For the same stocks of the Industry, the average monthly volume growth was -70.66% and the average quarterly volume growth was -65.63%
- 4/30/22 5:51 AM: The volume for Tri Pointe Homes stock increased for one day, resulting in a record-breaking daily growth of 348% of the 65-Day Volume Moving Average
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
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