Beazer Homes USA (NYSE:BZH) was upgraded by JMP Securities from an “underperform” rating to a “market perform” rating in a note issued to investors on Monday, The Fly reports.

Several other analysts have also issued reports on BZH. ValuEngine upgraded Beazer Homes USA from a “hold” rating to a “buy” rating in a research note on Friday, February 2nd. TheStreet lowered Beazer Homes USA from a “b-” rating to a “c-” rating in a research note on Wednesday, February 7th. Zacks Investment Research upgraded Beazer Homes USA from a “strong sell” rating to a “hold” rating in a research note on Monday, November 20th. Finally, Credit Suisse Group restated a “neutral” rating and issued a $21.00 price objective (up previously from $15.00) on shares of Beazer Homes USA in a research note on Monday, November 20th. Five research analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus target price of $18.50.

Shares of Beazer Homes USA (NYSE BZH) opened at $15.25 on Monday. 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 $512.68, a P/E ratio of -4.98 and a beta of 2.54. Beazer Homes USA has a 52 week low of $11.18 and a 52 week high of $23.24.

Beazer Homes USA (NYSE:BZH) last released its quarterly earnings data on Tuesday, November 14th. The construction company reported $1.03 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.53 by $0.50. The firm had revenue of $673.00 million for the quarter, compared to analyst estimates of $645.17 million. Beazer Homes USA had a positive return on equity of 7.99% and a negative net margin of 5.01%. The business’s revenue for the quarter was up 6.5% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.45 earnings per share. equities research analysts forecast that Beazer Homes USA will post 1.75 EPS for the current fiscal year.

Several institutional investors have recently bought and sold shares of the company. The Manufacturers Life Insurance Company grew its position in shares of Beazer Homes USA by 1.2% in the second quarter. The Manufacturers Life Insurance Company now owns 25,938 shares of the construction company’s stock valued at $355,000 after purchasing an additional 318 shares during the last quarter. Schwab Charles Investment Management Inc. grew its position in shares of Beazer Homes USA by 0.5% in the second quarter. Schwab Charles Investment Management Inc. now owns 115,143 shares of the construction company’s stock valued at $1,580,000 after purchasing an additional 627 shares during the last quarter. TIAA CREF Investment Management LLC grew its position in shares of Beazer Homes USA by 0.4% in the second quarter. TIAA CREF Investment Management LLC now owns 392,908 shares of the construction company’s stock valued at $5,391,000 after purchasing an additional 1,721 shares during the last quarter. Voya Investment Management LLC grew its position in shares of Beazer Homes USA by 13.0% in the second quarter. Voya Investment Management LLC now owns 17,040 shares of the construction company’s stock valued at $234,000 after purchasing an additional 1,963 shares during the last quarter. Finally, TCW Group Inc. grew its position in shares of Beazer Homes USA by 3.8% in the third quarter. TCW Group Inc. now owns 120,303 shares of the construction company’s stock valued at $2,254,000 after purchasing an additional 4,440 shares during the last quarter. 84.13% of the stock is currently owned by institutional investors.

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Beazer Homes USA Company Profile

Beazer Homes USA, Inc is a geographically diversified homebuilder. As of September 30, 2016, the Company had operations in 13 states within over three geographic regions in the United States. The Company’s segments include West, East and Southeast. The Company markets and sells its products through its Website, www.beazer.com; mobile site, m.beazer.com; real estate listing sites, online advertising, including search engine marketing and display advertising, social media, video, brochures, direct marketing and out-of-home advertising, including billboards and signage, as well as other activities.

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Analyst Recommendations for Beazer Homes USA (NYSE:BZH)

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