KB Home (KBH) in Focus: Stock Falls 5.3%

KB Home KBH saw a big move in the last trading session, as the company's shares fell by over 5% on the day. The move came on pretty good volume too with far more shares changing hands than in a normal session. This continues the recent trend for KBH, as the stock is now down over 8% in the past one-month time frame.

The company, engaged in homebuilding activities in the U.S., has seen 1 negative estimate revision over the past month compared to none higher, though the current year earnings consensus hasn't been in a trend. This recent price action is discouraging, so make sure to keep a close watch on this firm in the near future, especially on earnings estimates following the recent slump.

KBH currently holds a Zacks Rank #4 (Sell).

Investors interested in the Construction sector may consider better-ranked stocks like PulteGroup, Inc. PHM, Gibraltar Industries, Inc. ROCK and United Rentals, Inc. URI, each of which holds a Zacks Rank #2 (Buy).

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report >>

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report

KB HOME KBH: Free Stock Analysis Report

PULTE GROUP ONC PHM: Free Stock Analysis Report

GIBRALTAR INDUS ROCK: Free Stock Analysis Report

UTD RENTALS INC URI: Free Stock Analysis Report

To read this article on Zacks.com click here.

Zacks Investment Research

Market News and Data brought to you by Benzinga APIs

Get Our Top Trade Ideas Delivered Daily - 65% Off Now

Get Our Top Trade Ideas Delivered Daily - 65% Off Now

Comments