KB Home (KBH) reachead $67.72 at the closing of the latest trading day, reflecting a -0.19% change compared to its last close.
Recently, Zacks.com users have been paying close attention to KB Home (KBH). This makes it worthwhile to examine what the stock has in store.
I am neutral on KB Home due to macroeconomic challenges, despite their growth in net orders and operational efficiency improvements. Affordability concerns due to high mortgage rates and declining margins from buyer incentives pose significant risks to KB Home's outlook. While KB Home's valuation is attractive, the macroeconomic headwinds and rising costs make it too risky to invest in at this time.
Light inflation figures should help to further relieve weakness in rate-sensitive pockets of the market like small-caps.
KB Home's earnings provided a short-term price boost, but tepid guidance suggests limited upside, leading to a hold rating. Full-year 2025 guidance indicates modest revenue and ASP growth, with potential margin declines due to high mortgage rate uncertainty. Despite solid buyer interest, high mortgage rates and missed sales goals signal a challenging market, contrasting with past success.
KB Home (KBH) shares climbed Tuesday, a day after the home builder reported better-than-expected results as deliveries jumped.
KB Home KBH reported strong fourth-quarter results, sending its stock surging in early trading on Tuesday.
KBH's fiscal fourth-quarter results reflect higher earnings, revenues, strong order book and expanded community count despite challenges.
KB Home (NYSE:KBH) stock is up 6.1% at $67.98 at last glance, after the homebuilder forecasted higher housing revenue in 2025.
KB Home (NYSE:KBH ) Q4 2024 Earnings Conference Call January 13, 2025 5:00 PM ET Company Participants Jill Peters - SVP of IR Jeffrey Mezger - Chairman and CEO Robert McGibney - President and COO Jeff Kaminski - EVP and CFO Conference Call Participants Stephen Kim - Evercore ISI John Lovallo - UBS Matthew Bouley - Barclays Michael Rehaut - JPMorgan Alan Ratner - Zelman & Associates Michael Dahl - RBC Capital Markets Operator Good afternoon. My name is John and I will be your conference operator today.
Markets are down over the past month of trading, but still up nicely over the past six months.
Although the revenue and EPS for KB Home (KBH) give a sense of how its business performed in the quarter ended November 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.