This post was just published on ZYX Buy Change Alert. KBH is a major home builder. The company reported better than expected earnings of $0.42 vs. $0.39 consensus. However revenues of $913 million were below $944 million consensus. Average selling price rose by 2% to $365,900. Over all the tone coming out
This post was just published on ZYX Buy Change Alert. KBH is a major home builder. The company reported better than expected earnings. Of special note is the 47% short interest in the stock. High short interest can lead to short squeezes. Consider initiating or adding on a pull back up
This post was just published on ZYX Buy Change Alert. One of the premise behind holding KBH has been that housing would get better in the Spring due to pent-up-demand and low mortgage interest rates. Spring is half over and housing sales data is not encouraging. The main issue is that
This post was just published on ZYX Buy Change Alert. Yesterday we told you about negative comments from two other home builders, PHM and DHI. At this time, it is not clear if these two are company specific situations or this reflects a general industry trend. Another home builder, SPF, reported earnings today. We
This post was just published on ZYX Buy Change Alert. KBH is a home builder. At present 60% of the full core position size is being held. When KBH was initiated, it was initiated based on the individual merits of this company and also our macro analysis that interest rates would pull back. Over