Stocks Under Scanner in the Residential Construction Space - CalAtlantic, D.R. Horton, Hovnanian Enterprises, and KB Home

NEW YORK, Nov 7, 2017 /PRNewswire/ -- If you want a Stock Review on CAA, DHI, HOV, or KBH then come over to http://dailystocktracker.com/register/ and sign up for your free customized report. On Monday, November 06, 2017, the NASDAQ Composite ended the trading session at 6,786.44, up 0.33%; the Dow Jones Industrial Average edged 0.04% higher, to finish at 23,548.42; and the S&P 500 closed at 2,591.13, slightly advancing 0.13%. Gains were broad based as six out of nine sectors ended the day in positive. This Tuesday, DailyStockTracker.com has initiated reports coverage on the following Residential Construction equities: CalAtlantic Group Inc. (NYSE: CAA), D.R. Horton Inc. (NYSE: DHI), Hovnanian Enterprises Inc. (NYSE: HOV), and KB Home (NYSE: KBH). Take a look at the free research reports issued today on DailyStockTracker.com for these stocks by signing up at:

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CalAtlantic Group

Irvine, California headquartered CalAtlantic Group Inc.'s stock finished Monday's session 2.54% higher at $49.31 with a total trading volume of 1.92 million shares, which was above its three months average volume of 1.40 million shares. The Company's shares have advanced 28.68% in the last month, 39.10% in the previous three months, 55.50% over the past twelve months, and 44.99% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 30.50% and 35.18%, respectively. Additionally, shares of CalAtlantic, which operates as a homebuilder under the CalAtlantic Homes name in the US, have a Relative Strength Index (RSI) of 81.42. 

On October 31st, 2017, research firm Wedbush downgraded the Company's stock rating from 'Outperform' to 'Neutral' while revising its previous target price from $41 a share to $51 a share. Sign up and read the free research report on CAA at:

http://dailystocktracker.com/registration/?symbol=CAA


D.R. Horton

On Monday, shares in Arlington, Texas headquartered D.R. Horton Inc. recorded a trading volume of 3.48 million shares. The stock ended the session 1.17% higher at $44.84. The Company's shares have advanced 23.70% in the previous three months, 55.97% over the last twelve months, and 64.07% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 13.18% and 27.84%, respectively. Moreover, shares of D.R. Horton, which operates as a homebuilding company, have an RSI of 81.92.

On October 25th, 2017, research firm UBS initiated a 'Buy' rating on the Company's stock, with a target price of $50 per share. The complimentary research report on DHI can be downloaded at:


http://dailystocktracker.com/registration/?symbol=DHI


Hovnanian Enterprises

Red Bank, New Jersey headquartered Hovnanian Enterprises Inc.'s shares closed the day 2.16% higher at $2.36. The stock recorded a trading volume of 1.28 million shares. The Company's shares have gained 48.43% over the last twelve months. The stock is trading above its 50-day and 200-day moving averages by 16.51% and 4.01%, respectively. Additionally, shares of Hovnanian Enterprises, which designs, constructs, markets, and sells residential homes in the US, have an RSI of 60.95. Register for free on DailyStockTracker.com and access the latest report on HOV at:

http://dailystocktracker.com/registration/?symbol=HOV


KB Home

Shares in Los Angeles, California headquartered KB Home finished 3.17% higher at $27.98. The stock recorded a trading volume of 2.10 million shares. The Company's shares have advanced 19.93% in the previous three months, 93.77% over the last twelve months, and 76.98% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 16.20% and 30.45%, respectively. Furthermore, shares of KB Home, which operates as a homebuilding company in the US, have an RSI of 68.51.

On October 25th, 2017, research firm UBS initiated a 'Sell' rating on the Company's stock, with a target price of $24 per share. Get free access to your research report on KBH at:

http://dailystocktracker.com/registration/?symbol=KBH

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