Beazer Homes USA, Inc. (NYSE:BZH) Given Average Rating of “Hold” by Analysts

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

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

Hedge Funds Weigh In On Beazer Homes USA

Hedge funds have recently made changes to their positions in the business. UBS Group AG lifted its stake in Beazer Homes USA by 189.7% during the fourth quarter. UBS Group AG now owns 537,663 shares of the construction company’s stock valued at $10,898,000 after purchasing an additional 352,092 shares during the last quarter. Millennium Management LLC increased its holdings in shares of Beazer Homes USA by 928.5% in the third quarter. Millennium Management LLC now owns 376,183 shares of the construction company’s stock valued at $9,235,000 after buying an additional 339,607 shares in the last quarter. JPMorgan Chase & Co. lifted its position in shares of Beazer Homes USA by 1,385.2% during the 3rd quarter. JPMorgan Chase & Co. now owns 229,705 shares of the construction company’s stock valued at $5,639,000 after acquiring an additional 214,239 shares during the last quarter. Charles Schwab Investment Management Inc. boosted its stake in shares of Beazer Homes USA by 22.1% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 678,471 shares of the construction company’s stock worth $13,753,000 after acquiring an additional 122,606 shares in the last quarter. Finally, CSM Advisors LLC bought a new stake in shares of Beazer Homes USA during the 2nd quarter worth $2,504,000. Institutional investors and hedge funds own 85.65% of the company’s stock.

Beazer Homes USA Stock Performance

BZH stock opened at $22.77 on Friday. The company has a 50-day simple moving average of $23.94 and a 200 day simple moving average of $23.56. The company has a market capitalization of $671.94 million, a P/E ratio of 75.90, a PEG ratio of 1.95 and a beta of 2.17. The company has a quick ratio of 1.81, a current ratio of 19.62 and a debt-to-equity ratio of 0.94. Beazer Homes USA has a fifty-two week low of $17.37 and a fifty-two week high of $28.33.

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

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.