Beazer Homes USA (BZH) Receives $21.33 Average PT from Analysts

Shares of Beazer Homes USA (NYSE:BZH) have been assigned an average recommendation of “Hold” from the nine brokerages that are presently covering the stock, Marketbeat reports. Five investment analysts have rated the stock with a hold recommendation and three have issued a buy recommendation on the company. The average 1 year target price among brokerages that have covered the stock in the last year is $21.33.

BZH has been the topic of several analyst reports. ValuEngine upgraded Beazer Homes USA from a “hold” rating to a “buy” rating in a report on Friday, February 2nd. TheStreet lowered Beazer Homes USA from a “b-” rating to a “c-” rating in a report on Wednesday, February 7th. JMP Securities upgraded Beazer Homes USA from an “underperform” rating to a “market perform” rating in a report on Monday, February 12th. Zacks Investment Research upgraded Beazer Homes USA from a “hold” rating to a “buy” rating and set a $17.00 target price on the stock in a report on Monday, February 12th. Finally, Wedbush upgraded Beazer Homes USA from a “neutral” rating to an “outperform” rating and upped their target price for the stock from $15.25 to $22.00 in a report on Tuesday, February 13th.

Shares of BZH stock traded down $0.15 on Wednesday, hitting $15.34. 314,251 shares of the stock were exchanged, compared to its average volume of 438,222. The company has a debt-to-equity ratio of 2.40, a current ratio of 18.95 and a quick ratio of 2.27. The stock has a market capitalization of $520.74, a P/E ratio of 9.96 and a beta of 2.54. Beazer Homes USA has a fifty-two week low of $11.87 and a fifty-two week high of $23.24.

Beazer Homes USA (NYSE:BZH) last posted its quarterly earnings data on Tuesday, February 6th. The construction company reported $0.23 earnings per share for the quarter, topping the consensus estimate of $0.04 by $0.19. Beazer Homes USA had a positive return on equity of 7.99% and a negative net margin of 5.01%. The company had revenue of $372.49 million during the quarter, compared to analysts’ expectations of $357.45 million. equities analysts expect that Beazer Homes USA will post 1.75 EPS for the current year.

In other Beazer Homes USA news, Director Stephen P. Zelnak, Jr. acquired 30,000 shares of the company’s stock in a transaction on Monday, February 12th. The shares were purchased at an average price of $15.65 per share, for a total transaction of $469,500.00. Following the completion of the purchase, the director now directly owns 319,364 shares of the company’s stock, valued at $4,998,046.60. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, Director Stephen P. Zelnak, Jr. acquired 15,000 shares of the company’s stock in a transaction on Friday, February 9th. The stock was acquired at an average price of $15.68 per share, for a total transaction of $235,200.00. Following the purchase, the director now directly owns 319,364 shares of the company’s stock, valued at $5,007,627.52. The disclosure for this purchase can be found here. Corporate insiders own 7.60% of the company’s stock.

Large investors have recently added to or reduced their stakes in the business. SG Americas Securities LLC bought a new stake in Beazer Homes USA in the third quarter valued at approximately $149,000. We Are One Seven LLC bought a new stake in Beazer Homes USA in the fourth quarter valued at approximately $163,000. Centaurus Financial Inc. bought a new stake in Beazer Homes USA in the fourth quarter valued at approximately $204,000. Teacher Retirement System of Texas bought a new stake in Beazer Homes USA in the fourth quarter valued at approximately $210,000. Finally, Stone Ridge Asset Management LLC bought a new stake in Beazer Homes USA in the fourth quarter valued at approximately $219,000. Hedge funds and other institutional investors own 90.21% of the company’s stock.

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Beazer Homes USA Company Profile

Beazer Homes USA, Inc operates as a homebuilder in the United States. The company designs, constructs, and sells single-family and multi-family homes for entry-level, move-up, or retirement-oriented home buyers under the Beazer Homes brand name. It sells its homes through commissioned new home sales counselors and independent brokers in Arizona, California, Nevada, Texas, Delaware, Indiana, Maryland, Tennessee, Virginia, Florida, Georgia, North Carolina, and South Carolina.

Analyst Recommendations for Beazer Homes USA (NYSE:BZH)

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