Financial PerformanceThe company's gross margin guidance for the fourth quarter is significantly below expectations, raising concerns about its profit outlook.
Market SentimentThe stock is trading at the high end of its 10-year range, indicating that much of the positive outlook is already reflected in the current valuation, limiting further upside potential.
Strategic InitiativesUncertainty on the timing and potential financial impact of strategic initiatives, such as the spin of land assets, may weigh on investor confidence.