Beazer Homes USA, Inc. (NYSE:BZH) Receives Consensus Rating of “Hold” from Analysts

Beazer Homes USA, Inc. (NYSE:BZH) has been assigned an average rating of “Hold” from the five analysts that are covering the firm, Marketbeat reports. One equities research analyst has rated the stock with a sell recommendation, two have given a hold recommendation and two have assigned a buy recommendation to the company. The average twelve-month target price among analysts that have issued ratings on the stock in the last year is $31.3333.

Several research firms have weighed in on BZH. Weiss Ratings cut shares of Beazer Homes USA from a “hold (c)” rating to a “sell (d)” rating in a research report on Friday, January 30th. Zacks Research raised Beazer Homes USA from a “strong sell” rating to a “hold” rating in a research report on Friday, January 16th. Finally, Wall Street Zen lowered Beazer Homes USA from a “hold” rating to a “strong sell” rating in a research report on Saturday, January 31st.

Beazer Homes USA Price Performance

NYSE BZH opened at $22.77 on Friday. The company has a current ratio of 19.62, a quick ratio of 1.81 and a debt-to-equity ratio of 0.94. Beazer Homes USA has a 1 year low of $17.37 and a 1 year high of $28.33. The company has a market cap of $671.94 million, a PE ratio of 75.90, a PEG ratio of 1.95 and a beta of 2.17. The stock’s 50-day moving average price is $23.94 and its two-hundred day moving average price is $23.56.

Beazer Homes USA (NYSE:BZH) last announced its earnings results on Thursday, January 29th. The construction company reported ($0.90) EPS for the quarter, missing the consensus estimate of ($0.49) by ($0.41). Beazer Homes USA had a return on equity of 2.11% and a net margin of 0.44%.The firm had revenue of $363.49 million during the quarter, compared to analyst estimates of $423.23 million. During the same quarter in the previous year, the business earned $0.10 earnings per share. The business’s quarterly revenue was down 22.5% compared to the same quarter last year. On average, analysts predict that Beazer Homes USA will post 3.48 EPS for the current year.

Institutional Trading of Beazer Homes USA

A number of hedge funds have recently made changes to their positions in the stock. State of Alaska Department of Revenue purchased a new position in Beazer Homes USA during the third quarter valued at approximately $37,000. Royal Bank of Canada boosted its stake in shares of Beazer Homes USA by 93.9% during the 4th quarter. Royal Bank of Canada now owns 1,883 shares of the construction company’s stock valued at $38,000 after buying an additional 912 shares during the period. Osaic Holdings Inc. boosted its stake in shares of Beazer Homes USA by 454.9% during the 2nd quarter. Osaic Holdings Inc. now owns 2,103 shares of the construction company’s stock valued at $47,000 after buying an additional 1,724 shares during the period. Comerica Bank purchased a new position in shares of Beazer Homes USA during the 3rd quarter valued at $48,000. Finally, Aquatic Capital Management LLC acquired a new position in shares of Beazer Homes USA in the third quarter worth $70,000. 85.65% of the stock is owned by hedge funds and other institutional investors.

Beazer Homes USA Company Profile

Beazer Homes USA, Inc is a national homebuilder specializing in the design, construction and sale of single-family homes. The company serves a diverse range of buyers, offering product lines that span from entry-level homes to move-up and active adult communities. In addition to its core homebuilding operations, Beazer provides mortgage financing, title and closing services through its subsidiaries, aiming to simplify the home-buying process and manage risk across the transaction.

Operating in key growth markets across the United States, Beazer Homes maintains a presence in more than a dozen metropolitan areas, including select markets in the Southeast, Southwest and West.