Beazer Homes USA Inc. (NYSE:BZH) shot up 5.4% during mid-day trading on Tuesday . The stock traded as high as $11.01 and last traded at $10.87, with a volume of 797,811 shares changing hands. The stock had previously closed at $10.31.

Separately, Zacks Investment Research upgraded shares of Beazer Homes USA from a “sell” rating to a “hold” rating in a research note on Monday, July 18th. Four equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. Beazer Homes USA presently has an average rating of “Hold” and an average target price of $14.45.

The stock has a 50 day moving average of $9.31 and a 200 day moving average of $8.32. The company has a market capitalization of $345.49 million and a PE ratio of 1.07.

Beazer Homes USA (NYSE:BZH) last posted its quarterly earnings results on Thursday, July 28th. The company reported $0.18 earnings per share for the quarter, beating the consensus estimate of $0.11 by $0.07. During the same period last year, the firm posted $0.38 earnings per share. The company earned $459.90 million during the quarter, compared to the consensus estimate of $435.58 million. The company’s revenue for the quarter was up 7.1% on a year-over-year basis. Analysts anticipate that Beazer Homes USA Inc. will post $0.50 EPS for the current fiscal year.

In other Beazer Homes USA news, Director Stephen P. Zelnak, Jr. bought 50,000 shares of the firm’s stock in a transaction dated Monday, August 8th. The stock was bought at an average cost of $9.70 per share, with a total value of $485,000.00. Following the completion of the transaction, the director now directly owns 241,920 shares in the company, valued at approximately $2,346,624. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.

An institutional investor recently raised its position in Beazer Homes USA stock. Schwab Charles Investment Management Inc. raised its stake in Beazer Homes USA Inc. (NYSE:BZH) by 3.0% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 108,448 shares of the company’s stock after buying an additional 3,175 shares during the period. Schwab Charles Investment Management Inc. owned about 0.34% of Beazer Homes USA worth $1,247,000 as of its most recent SEC filing.

Beazer Homes USA, Inc is a diversified homebuilder with operations in 16 states within three geographic regions in the United States: West, East and Southeast. The Company’s homes are designed to appeal to homeowners at various price points across various demographic segments and are generally offered for sale in advance of their construction.

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