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KB Home Stock Slides Over 2% Premarket Despite Q4 Beat: What's Going On?
Thursday, January 11, 2024 - 7:30am | 326Shares of KB Home (NYSE:KBH), the Los Angeles-based homebuilder, experienced a premarket decline on Thursday. The company’s fourth-quarter revenue, disclosed after Wednesday’s market close, showed a 14% year-over-year decrease to $1.67 billion. Despite this dip...
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Is It Time Buy The Dip In Homebuilder Stocks? KeyBanc Says Yes, Names Top Picks
Monday, September 19, 2022 - 12:20pm | 611Homebuilder stocks have gotten crushed so far in 2022, but one Wall Street analyst said Monday now is the time for investors to buy the dip. The Analyst: KeyBanc analyst Kenneth Zener has issued the following homebuilder stock upgrades: D R Horton Inc (NYSE: DHI) upgraded from Sector Weight to...
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2 Whirlpool Analysts Break Down Q2 Earnings
Thursday, July 22, 2021 - 2:15pm | 383Whirlpool Corp. (NYSE: WHR) posted a second-quarter earnings and sales beat Wednesday. Here's what analysts from KeyBanc Capital Markets and Raymond James had to say after the print. KeyBanc's Take On Whirpool: Whirlpool managed to beat EPS expectations, posting $6.64 versus the bank...
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Should Investors Build A Position In KB Home? Analysts Debate Its Foundation After Q3 Report
Thursday, September 26, 2019 - 5:42pm | 584Homebuilder KB Home (NYSE: KBH) reported third-quarter results Wednesday that weer notable for an earnings beat, strong growth in net orders and deliveries — and a slight sales miss. Here's how the Street reacted. The Analysts KeyBanc Capital Markets analyst Kenneth Zener...
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KeyBanc Sees Some Upside In Whirlpool After Solid Q2, Outlook
Wednesday, July 24, 2019 - 12:06pm | 303Whirlpool Corporation (NYSE: WHR) reported strong North America margins for the second quarter, with price and mix beating cost inflation, and raised its full-year guidance by 4%. The Analyst KeyBanc’s Kenneth Zener maintained an Overweight rating on Whirlpool with a price target of $150...
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'A Clearer Path To Earnings Growth': KB Home's Strong Q2 Triggers Analyst Upgrades
Thursday, June 27, 2019 - 11:44am | 424Shares of KB Home (NYSE: KBH) were surging Thursday after the homebuilder posted stronger-than-expected second-quarter results, bolstering sentiment in the closely watched sector and leading two sell-side analysts to upgrade the stock. The most appreciated part of the report on the...
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Analysts Say Homebuilder Environment Still Looks Good For Lennar
Wednesday, June 26, 2019 - 5:08pm | 525Lennar Corporation (NYSE: LEN) stock remains attractive in the long term, sell-side analysts said Wednesday after investors sent the share price on a post-earnings roller-coaster ride. The homebuilder had a strong earnings and revenue beat that boosted the stock early Tuesday, but sellers brought...
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KB Homes Analysts React To Q1 Earnings Beat, Revenue Miss, Note Interest Rate Effect
Wednesday, March 27, 2019 - 11:45am | 508With lower mortgage rates giving homebuilders optimism about growth, sell-side analysts are easing into more bullish territory on KB Home (NYSE: KBH) despite a mixed earnings report this week. KB reported first-quarter earnings of 31 cents per share Tuesday, beating estimates...
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KeyBanc Upgrades Homebuilders, Says Stocks Are In Position To Be Cyclical Outperformers
Monday, January 7, 2019 - 3:45pm | 457The SPDR S&P Homebuilders (NYSE: XHB) has lagged the S&P 500 over the past year, declining by 23.6 percent overall. However, one Wall Street analyst said Monday things are looking up for homebuilders in 2019. The Analyst KeyBanc analyst Kenneth Zener upgraded the following four homebuilder...
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Despite Q4 Beat, KeyBanc Downgrades Gibraltar Industries
Thursday, March 1, 2018 - 10:42am | 356Gibraltar Industries Inc (NASDAQ: ROCK) reported an adjusted EPS and sales beat before the open Thursday, but released mixed first-quarter guidance, with a 23-to-28-cent adjusted EPS expected versus a 30-cent consensus estimate, and sales of $213-220 million against a $215.4-million estimate....
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KeyBanc Appreciates Whirlpool's Prospects But Moves To The Sideline
Friday, January 26, 2018 - 10:14am | 413Whirlpool Corporation (NYSE: WHR) reported fourth-quarter results Thursday that included an earnings beat but a revenue miss. While the results showed some momentum in the business, at least one analyst said now is the time for investors to move to the sidelines. The Analyst KeyBanc...
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Buy Beacon Roofing For Accelerating Earnings, M&A Opportunities
Friday, August 25, 2017 - 11:23am | 563Beacon Roofing Supply, Inc. (NASDAQ: BECN)'s $2.63 billion acquisition of Allied Building Products Corp. from its parent company CRH PLC (ADR) (NYSE: CRH) prompted some of Wall Street's top analysts to reinforce their bullish outlook. Jefferies: Re-Acceleration Of Earnings Beacon Roofing has a...
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KeyBanc Offers Pair Trade: Upgrades Pulte, Downgrades Lennar
Tuesday, March 4, 2014 - 5:01pm | 204On Tuesday, Kenneth Zener, analyst at KeyBanc, laid out a homebuilder pair trade, upgrading PulteGroup (NYSE: PHM) from Hold to Buy with a $26 price target, and downgrading Lennar (NYSE: LEN) from Buy to Hold with the $41 price target being removed. Zener remains cautious on the entire...
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KeyBanc Favors Favors Accumulated Wealth For Investing for Homebuilders; Downgrades MDC & DHI
Friday, January 24, 2014 - 1:14pm | 258In a report published Friday, KeyBanc Capital Markets analyst Kenneth Zener updated their macro view of the housing sector in 2014, favoring “exposure to wealth vs income trends.” Zener downgraded MDC (NYSE: MDC) and DR Horton (NYSE: DHI) from Buy to Hold and increased the price target on Buy...