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Analyst Gives Warning On Whirlpool Following AHAM Data
Wednesday, November 20, 2019 - 1:59pm | 423Read More...Recent weakness in appliance shipment data is becoming a headwind for Whirlpool Corporation (NYSE: WHR). The Analyst Buckingham Research analyst Megan McGrath maintains a Neutral rating with a $150 price target. The Thesis The Association of Home Appliance Manufacturers (AHAM) released data on...
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Buckingham Bullish On Owens Corning Ahead Of Q3 Earnings Print
Tuesday, October 22, 2019 - 2:09pm | 368Read More...Roofing company Owens Corning (NYSE: OC) is expected to discuss on its third-quarter conference call signs of an improving residential end market, according to Buckingham. The Analyst Buckingham Research Group analyst Megan McGrath upgraded Owens Corning from Neutral to Buy with a price target...
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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 | 584Read More...Homebuilder 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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'A Clearer Path To Earnings Growth': KB Home's Strong Q2 Triggers Analyst Upgrades
Thursday, June 27, 2019 - 11:44am | 424Read More...Shares 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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KB Homes Analysts React To Q1 Earnings Beat, Revenue Miss, Note Interest Rate Effect
Wednesday, March 27, 2019 - 11:45am | 508Read More...With 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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Bad Weather Dampens Outlook For Beacon Roofing
Tuesday, March 26, 2019 - 11:58am | 453Read More...Investors in the nation’s second biggest roofing distributor were in a cloudy mood Tuesday after Beacon Roofing Supply Inc. (NASDAQ: BECN) said bad weather would hurt its near-term bottom line. Analysts, however, weren’t letting a little foul weather affect their long-term outlooks...
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Taking A Dive Into KB Home's Beat And Raise Quarter
Wednesday, June 28, 2017 - 11:52am | 356Read More...KB Home (NYSE: KBH)'s beat-and-raise earnings report on Tuesday wasn't good enough for analysts at MKM Partners to change its Neutral stance on the stock. MKM's Megan McGrath maintains a Neutral rating on KB Home's stock but with a price target raised from $20 to $24 as the company's order growth...
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Trump And Interest Rates: A 2017 Homebuilder Preview
Wednesday, January 11, 2017 - 11:52am | 444Read More...MKM Partners is cautiously optimistic on the homebuilding sector heading in to the spring selling season. The brokerage expects homebuilders as possible, but not guaranteed winners, under Donald Trump's presidency, with lower taxes and regulations. At the same time, the sector needs to deal with...
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MKM Previews Toll Q2 Earnings: 'The Selloff Has Been Overdone'
Thursday, May 19, 2016 - 6:19pm | 193Read More...MKM's Megan McGrath has been getting ready for the Homebuilder earnings season. On Thursday, she issued a second-quarter earnings preview for Toll Brothers Inc (NYSE: TOL). McGrath maintains a Buy rating and $38 price target ahead of the May 24 release. "We believe that for TOL, the...
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MKM Likes Mohawk's Share, Scale Gains, Initiates With Buy Rating, $244 Target
Tuesday, April 12, 2016 - 8:25am | 265Read More...Mohawk Industries, Inc. (NYSE: MHK) has a strong execution history, and has been consolidating to gain leverage. MKM Partners’ Megan McGrath initiated coverage of the company with a Buy rating and a price target of $244. The analyst expects Mohawk to continue to consolidate “in an...
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MKM Just Met With Whirlpool's Management Team; Here's Why The Stock Is Still A Buy
Monday, February 29, 2016 - 8:48am | 362Read More...MKM Partners’ Megan McGrath maintained a Buy rating for Whirlpool Corporation (NYSE: WHR), with a price target of $175. The bull thesis reflects that the US market has tailwinds in 2016 for both topline and margin, Europe is likely to continue benefiting from acquisition synergies and...
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Standard Pacific And Ryland: Does The Merger Make Sense?
Tuesday, June 16, 2015 - 3:04pm | 737Read More...Standard Pacific Corp. (NYSE: SPF) and Ryland Group Inc. (NYSE: RYL) announced a merger of equals Monday morning. The combination of the two companies will likely result in the fourth-largest home builder in the nation. In a joint press release, the companies announced the deal as an effort to...
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MKM: Year-End 'Hope Trade' Boosts Home Builders
Friday, November 21, 2014 - 4:18pm | 269Read More...With home-builder shares up 18 percent on average in the past month, an analyst boosted ratings on three players in the sector Friday to Market Perform. "Now isn't time of year to be short on home-builders,' Raymond James' Buck Horne said in a research note boosting ratings on...
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Analysts Slash Estimates For Owens Corning Following Pre-Announcement
Monday, June 23, 2014 - 3:57pm | 297Read More...Analysts slashed their earnings estimates for Owens Corning (NYSE: OC) after the company said roofing volumes for the first half of 2014 may be as much as 20 percent lower than a year earlier. MKM Partners' Megan McGrath said the revised outlook made her "Incrementally more cautious....
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UPDATE: MKM Partners Initiates Coverage on Whirlpool on Compelling Investment Opportunity
Wednesday, December 4, 2013 - 1:56pm | 93Read More...In a report published Wednesday, MKM Partners analyst Megan McGrath initiated coverage on Whirlpool (NYSE: WHR) with a Buy rating and $183.00 price target. In the report, MKM Partners noted, “We are initiating coverage of Whirlpool (WHR) with a Buy rating and a $183 price target. While WHR has...
