Shares of Beazer Homes USA, Inc. (NYSE:BZH) have earned an average recommendation of “Hold” from the nine research firms that are presently covering the company, Marketbeat reports. One research analyst has rated the stock with a sell recommendation, five have issued a hold recommendation and two have given a buy recommendation to the company. The average 12-month price objective among brokerages that have issued a report on the stock in the last year is $19.00.
Several equities analysts have recently issued reports on BZH shares. TheStreet raised Beazer Homes USA from a “c” rating to a “b-” rating in a report on Tuesday, November 14th. Zacks Investment Research lowered Beazer Homes USA from a “buy” rating to a “hold” rating in a report on Tuesday, November 14th. Credit Suisse Group reaffirmed a “neutral” rating and issued a $21.00 target price (up from $15.00) on shares of Beazer Homes USA in a report on Monday, November 20th. Finally, JPMorgan Chase & Co. raised Beazer Homes USA from a “neutral” rating to an “overweight” rating and upped their target price for the company from $14.50 to $21.00 in a report on Thursday, September 14th.
Several hedge funds have recently added to or reduced their stakes in BZH. SG Americas Securities LLC bought a new position in shares of Beazer Homes USA in the third quarter valued at approximately $149,000. Bayesian Capital Management LP bought a new position in shares of Beazer Homes USA in the second quarter valued at approximately $190,000. Neuberger Berman Group LLC grew its holdings in shares of Beazer Homes USA by 0.8% in the second quarter. Neuberger Berman Group LLC now owns 14,655 shares of the construction company’s stock valued at $201,000 after acquiring an additional 118 shares in the last quarter. Schroder Investment Management Group bought a new position in shares of Beazer Homes USA in the second quarter valued at approximately $215,000. Finally, Voya Investment Management LLC grew its holdings 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 acquiring an additional 1,963 shares in the last quarter. 83.28% of the stock is owned by institutional investors.
Shares of Beazer Homes USA (NYSE:BZH) traded up $1.21 during trading on Monday, hitting $20.70. The stock had a trading volume of 772,045 shares, compared to its average volume of 522,088. The stock has a market capitalization of $695.44, a P/E ratio of 22.02 and a beta of 2.70. Beazer Homes USA has a 12-month low of $11.18 and a 12-month high of $23.24. The company has a current ratio of 18.20, a quick ratio of 3.30 and a debt-to-equity ratio of 1.95.
Beazer Homes USA (NYSE:BZH) last issued its quarterly earnings data on Tuesday, November 14th. The construction company reported $1.03 EPS for the quarter, topping the consensus estimate of $0.53 by $0.50. The firm had revenue of $673.00 million during the quarter, compared to the consensus estimate of $645.17 million. Beazer Homes USA had a return on equity of 6.29% and a net margin of 1.66%. The company’s quarterly revenue was up 6.5% compared to the same quarter last year. During the same period in the prior year, the business posted $0.45 earnings per share. equities analysts expect that Beazer Homes USA will post 1.4 EPS for the current fiscal year.
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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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