Today’s Research Reports on Trending Tickers: KB Home and Toll Brothers

NEW YORK, NY / ACCESSWIRE / June 11, 2018 / U.S. markets finished higher and logged strongest week in months as investors shrug off tensions between U.S. and its allies. The Dow Jones Industrial Average increased 0.30 percent to close at 25,316.53, while the S&P 500 Index gained 0.31 percent to close at 2,779.03. The Nasdaq Composite Index was up 0.14 percent to close at 7,645.51 .For the week, the Dow jumped 2.8%, its biggest weekly gain in more than two months. The S&P hiked 1.6% and the Nasdaq rose 1.2%, posting their third straight weekly gain.

“I wouldn’t have been surprised to have a down day in advance of G-7, and I find it very encouraging that markets are trending higher right now, it’s a sign of resilience,” said Leo Grohowski, chief investment officer at BNY Mellon Wealth Management. “Investors have been wise to not trade on trade talk and drama; we’re in a war of words, but not a trade war. If that persists, then I’m not inclined to adjust our GDP or earnings estimates,” Grohowski added.

RDI Initiates Coverage on:

KB Home
https://rdinvesting.com/news/?ticker=KBH

Toll Brothers, Inc.
https://rdinvesting.com/news/?ticker=TOL

KB Home’s stock jumped 3.33% Friday, to close the day at $27.58. The stock recorded a trading volume of 1,956,498 shares, which was above its three months average volume of 1,763,550 shares. In the last year, KB Home’s shares have traded in a range of 20.68 – 38.80. The share price has gained 33.37% from its 52 week low. The company’s shares are currently trading below their 200-day moving average. The stock’s 50-day moving average of $26.54 is below its 200-day moving average of $29.62. Shares of the company are trading at a Price to Earnings ratio of 27.61. Shares of KB Home have gained roughly 5.43 percent in the past month and are down 13.68 percent year-to-date.

Access RDI’s KB Home Research Report at:
https://rdinvesting.com/news/?ticker=KBH

On Friday, shares of Toll Brothers recorded a trading volume of 2,097,875 shares, which was below the three months average volume of 2,191,631 shares. The stock ended the day 3.03% higher at $40.52. The share price has fallen 23.16% from its 52 week high with a 52 week trading range of 36.55 – 52.73. The company’s shares are currently trading below their 200-day moving average. The stock’s 50-day moving average of $41.52 is below its 200-day moving average of $45.35. Shares of the company are trading at a Price to Earnings ratio of 11.29. Shares of Toll Brothers have fallen roughly 4.73 percent in the past month and are down 15.62 percent year-to-date.

Access RDI’s Toll Brothers, Inc. Research Report at:
https://rdinvesting.com/news/?ticker=TOL

Our Actionable Research on KB Home (NYSE :KBH) and Toll Brothers, Inc. (NYSE :TOL) can be downloaded free of charge at Research Driven Investing.

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