Beazer Homes USA, Inc. (BZH) – What Are Investment Firms Thinking About This Stock?

Beazer Homes USA, Inc. (NYSE:BZH) has been assigned a consensus rating of “Reduce” from the four research firms that are presently covering the firm, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation and three have assigned a hold recommendation to the company.

BZH has been the subject of a number of research analyst reports. Oppenheimer cut shares of Beazer Homes USA from an “outperform” rating to a “market perform” rating in a report on Friday, August 7th. Texas Capital cut Beazer Homes USA from a “strong-buy” rating to a “hold” rating in a research note on Monday, August 10th. Weiss Ratings raised Beazer Homes USA from a “sell (d)” rating to a “sell (d+)” rating in a report on Wednesday, August 26th. Finally, Zacks Research lowered Beazer Homes USA from a “strong-buy” rating to a “hold” rating in a research report on Thursday, October 1st.

Hedge Funds Weigh In On Beazer Homes USA

A number of institutional investors have recently modified their holdings of BZH. GAMMA Investing LLC grew its holdings in Beazer Homes USA by 37.8% during the third quarter. GAMMA Investing LLC now owns 1,360 shares of the construction company’s stock worth $45,000 after acquiring an additional 373 shares during the period. Public Employees Retirement System of Ohio acquired a new position in shares of Beazer Homes USA in the 2nd quarter valued at $56,000. Fortitude Family Office LLC purchased a new stake in Beazer Homes USA during the third quarter worth $68,000. Pension & Wealth Management Advisors Inc. purchased a new position in Beazer Homes USA in the third quarter valued at $70,000. Finally, Farther Finance Advisors LLC raised its position in shares of Beazer Homes USA by 130.4% in the third quarter. Farther Finance Advisors LLC now owns 4,156 shares of the construction company’s stock worth $139,000 after acquiring an additional 2,352 shares during the period. Hedge funds and other institutional investors own 85.65% of the company’s stock.

Beazer Homes USA Stock Performance

Shares of BZH opened at $33.48 on Friday. Beazer Homes USA has a 12 month low of $17.83 and a 12 month high of $34.54. The stock has a fifty day moving average price of $33.35 and a 200-day moving average price of $27.59. The company has a current ratio of 14.64, a quick ratio of 1.28 and a debt-to-equity ratio of 1.23. The firm has a market cap of $893.38 million, a PE ratio of -111.62, a P/E/G ratio of 1.64 and a beta of 2.19.

Beazer Homes USA (NYSE:BZH) last released its quarterly earnings results on Friday, August 7th. The construction company reported ($0.16) EPS for the quarter, beating analysts’ consensus estimates of ($0.34) by $0.18. Beazer Homes USA had a positive return on equity of 0.18% and a negative net margin of 0.37%. The company had revenue of $516.31 million during the quarter, compared to analysts’ expectations of $510.55 million. During the same period last year, the business posted $0.26 earnings per share. The firm’s revenue was down 5.3% compared to the same quarter last year. Equities research analysts predict that Beazer Homes USA will post -0.67 earnings per share for the current fiscal year.

Beazer Homes USA Company Profile

Beazer Homes USA, Inc is a residential homebuilder headquartered in Atlanta, Georgia. The company designs, constructs and sells single-family homes for first-time, move-up and active-adult buyers, offering homes in a range of sizes, styles and price points. Its communities typically include features such as energy-efficient construction, modern floor plans and opportunities for buyers to personalize finishes and options.

Beazer operates through regional divisions in selected markets across the United States, including areas in the Southeast, Mid-Atlantic, Texas, the Southwest and other high-growth metropolitan regions.