KB Home (KBH) Tops Q4 GAAP EPS of $8.36; Backlog Up 14%

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KB Home (KBH) Margin Issues Likely Company Specific, Says Deutsche Bank

January 14, 2015 10:26 AM EST

Deutsche Bank maintained a Hold rating on KB Home (NYSE: KBH) and lowered its price target to $18.00 (from $21.00). Yesterday the stock declined after the company made cautious comments on margin. Analyst Nishu Sood sees this as a company specific issue.

"One of the leading fears of housing/builder skeptics over the past 18 months has been a collapse in gross margins following the 2H13 housing slowdown. With KB Home's gross margins likely to fall ~500 bps in 1Q15 has this fear finally materialized? Will other builders' margins follow suit?" said... More

Susquehanna Downgrades KB Home (KBH) to Neutral

January 14, 2015 7:20 AM EST

Susquehanna downgraded KB Home (NYSE: KBH) from Positive to Neutral with a price target of $14.00 (from $21.00).

For an analyst ratings summary and ratings history on KB Home click here. For more ratings news on KB Home click here.

Shares of KB Home closed at $13.87 yesterday.

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JPMorgan Downgrades KB Home (KBH) to Neutral

January 14, 2015 7:20 AM EST

JPMorgan downgraded KB Home (NYSE: KBH) from Overweight to Neutral with a price target of $15.00 (from $19.50).

For an analyst ratings summary and ratings history on KB Home click here. For more ratings news on KB Home click here.

Shares of KB Home closed at $13.87 yesterday.

... More

Credit Suisse Downgrades KB Home (KBH) to Neutral

January 14, 2015 7:06 AM EST

Credit Suisse downgraded KB Home (NYSE: KBH) from Outperform to Neutral with a price target of $16.00 (from $20.00).

Analyst M. Dahl said the cheaper valuation could offer a potential for a modest bounce in the stock but not enough to offset meaningfully lower gross margin... More