KB Home (KBH): Today's Featured Materials & Construction Winner
Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.
(
) pushed the Materials & Construction industry higher today making it today's featured materials & construction winner. The industry as a whole closed the day up 0.3%. By the end of trading, KB Home rose $0.73 (4.3%) to $17.76 on heavy volume. Throughout the day, 12,558,200 shares of KB Home exchanged hands as compared to its average daily volume of 4,940,400 shares. The stock ranged in a price between $16.72-$18.47 after having opened the day at $16.89 as compared to the previous trading day's close of $17.03. Other companies within the Materials & Construction industry that increased today were:
(
), up 7.7%,
(
), up 4.9%,
(
), up 4.5% and
(
), up 4.4%.
KB Home operates as a homebuilding and financial services company in the United States. The company constructs and sells various homes, including attached and detached single-family residential homes, townhomes, and condominiums primarily for first-time, move-up, and active adult homebuyers. KB Home has a market cap of $1.5 billion and is part of the industrial goods sector. Shares are up 11.6% year to date as of the close of trading on Monday. Currently there are 3 analysts that rate KB Home a buy, 2 analysts rate it a sell, and 10 rate it a hold.
TheStreet Ratings rates KB Home as a
. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance and impressive record of earnings per share growth. However, as a counter to these strengths, we also find weaknesses including generally higher debt management risk, weak operating cash flow and poor profit margins.
- You can view the full KB Home Ratings Report.
On the negative front,
Perma-Fix Environmental Services
(
), down 9.8%,
Nuverra Environmental Solutions
(
), down 5.5%,
Nuverra Environmental Solutions
(
), down 5.5% and
(
), down 4.8% , were all laggards within the materials & construction industry with
(
) being today's materials & construction industry laggard.
- Use our materials & construction section to find industry-relevant news.
- Or find some new ideas from our top rated stocks lists.
For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the materials & construction industry could consider
(
) while those bearish on the materials & construction industry could consider
ProShares Short Basic Materials Fd
(
).
- Find other investment ideas from our top rated ETFs lists.
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