KB Home stock initiated with outperform rating at Citizens

try{ var _=i o; . if(!_||_&&typeof _==="object"&&_.expiry Traders placed $580M in oil bets minutes before Trump’s Iran post Trump delays strikes on Iranian power plants, says talks with Tehran "very good" Wall Street averages end more than 1% higher on Middle East de-escalation hopes Oil prices jump over 4% after Iran refutes US talks claims (South Africa Philippines Nigeria) KB Home stock initiated with outperform rating at Citizens By Analyst Ratings Published 03/24/2026, 02:43 AM KB Home stock initiated with outperform rating at Citizens 0 KBH 3.99% Investing.com - Citizens initiated coverage on KB Home (NYSE:KBH) with a Market Outperform rating and a price target of $77.00. The stock currently trades at $53.19 with a P/E ratio of 8.66, and InvestingPro data suggests the company is undervalued, placing it among stocks on the platform’s Most Undervalued list. The firm views the shares as undervalued at current levels. Citizens cited KB Home ’s product shift back toward more build-to-order homes and fewer spec homes as a catalyst for the rating. The firm also pointed to the company’s focus on California, where existing competition is muted in most markets, and a potential rebound in gross margins into fiscal year 2027. KB Home’s gross profit margin stood at 19.57% in the last twelve months, and the company’s financial health is detailed in a comprehensive Pro Research Report , one of 1,400+ available for US equities. KB Home is shifting its product mix back toward to-be-built homes, which the firm expects to be a long-term gross margin tailwind. During the pandemic period, KB Home shifted away from its historical focus on build-to-order homes, which typically represented about 70% of sales in an average year versus about 30% for spec homes. Management indicated on the fourth-quarter fiscal 2025 call in December 2025 that the build-to-order to spec ratio was in the mid-to-high-50% range for build-to-order versus about 45% for spec homes. The company said build-to-or...