JPMorgan Downgrades KB Home (KBH) to Neutral

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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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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

UPDATE: KB Home (KBH) Hit Amid Conference Call, Peers on Watch

January 13, 2015 11:40 AM EST

(Updated - January 13, 2015 11:46 AM EST)

KB Home (NYSE: KBH) stock declined Tuesday following negative comments during its conference call related to 2015 margin goals. Its peers also declined.

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

January 13, 2015 8:32 AM EST

KB Home (NYSE: KBH) reported Q4 EPS of $8.36, which may not compare with the analyst estimate of $0.56. Revenue for the quarter came in at $796 million versus the consensus estimate of $778.5 million.

The Company delivered 2,229 homes in the fourth quarter, an increase of 9% from 2,038 homes delivered in the year-earlier quarter. More homes were delivered in each of the Companys homebuilding regions compared to the fourth quarter of 2013.The overall average selling price of homes delivered rose 17% to $351,500, up from $301,100 for the same period of 2013,... More