Beazer Homes USA, Inc. (NYSE:BZH) Given Average Recommendation of "Hold" by Brokerages

Key Points

• Beazer Homes USA, Inc. has received a consensus rating of "Hold" from five brokerages, with three recommending a hold and two a buy, alongside an average price target of $31.33.
• Recent institutional investment activity shows significant growth in holdings, with Osaic Holdings increasing its stake by 454.9% in the second quarter.
• Beazer Homes reported earnings of $0.26 per share in its last quarter, missing expectations and showing an 8.4% decline in revenue year-over-year.

Beazer Homes USA, Inc. (NYSE:BZH - Get Free Report) has been given a consensus rating of "Hold" by the five brokerages that are presently covering the firm, Marketbeat.com reports. Three equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The average 1 year price objective among brokers that have covered the stock in the last year is $31.3333.

A number of research firms have weighed in on BZH. Oppenheimer reaffirmed an "outperform" rating and set a $30.00 target price (down previously from $33.00) on shares of Beazer Homes USA in a report on Monday, August 4th. Wedbush reaffirmed an "outperform" rating and set a $41.00 price objective on shares of Beazer Homes USA in a research note on Friday, August 1st. Zacks Research raised shares of Beazer Homes USA from a "strong sell" rating to a "hold" rating in a report on Friday. B. Riley initiated coverage on shares of Beazer Homes USA in a report on Monday, June 30th. They issued a "neutral" rating and a $23.00 price target for the company. Finally, Weiss Ratings restated a "hold (c-)" rating on shares of Beazer Homes USA in a research report on Saturday, September 27th.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the stock. Osaic Holdings Inc. boosted its holdings in Beazer Homes USA by 454.9% during the 2nd quarter. Osaic Holdings Inc. now owns 2,103 shares of the construction company's stock valued at $47,000 after acquiring an additional 1,724 shares during the period. US Bancorp DE lifted its position in Beazer Homes USA by 48.1% in the first quarter. US Bancorp DE now owns 2,523 shares of the construction company's stock valued at $51,000 after purchasing an additional 819 shares during the last quarter. Tower Research Capital LLC TRC boosted its stake in shares of Beazer Homes USA by 123.4% during the second quarter. Tower Research Capital LLC TRC now owns 3,500 shares of the construction company's stock valued at $78,000 after purchasing an additional 1,933 shares during the period. CWM LLC boosted its stake in shares of Beazer Homes USA by 148.4% during the first quarter. CWM LLC now owns 4,002 shares of the construction company's stock valued at $82,000 after purchasing an additional 2,391 shares during the period. Finally, State of Wyoming bought a new position in shares of Beazer Homes USA in the second quarter worth approximately $89,000. 85.65% of the stock is owned by institutional investors.

Beazer Homes USA Stock Down 2.9%

Shares of NYSE:BZH opened at $24.29 on Tuesday. Beazer Homes USA has a 1 year low of $17.37 and a 1 year high of $38.22. The company has a market capitalization of $721.99 million, a PE ratio of 11.04, a price-to-earnings-growth ratio of 0.66 and a beta of 2.17. The business has a fifty day moving average price of $24.82 and a two-hundred day moving average price of $22.61. The company has a debt-to-equity ratio of 0.94, a current ratio of 13.33 and a quick ratio of 0.91.

Beazer Homes USA (NYSE:BZH - Get Free Report) last released its earnings results on Thursday, July 31st. The construction company reported $0.26 earnings per share for the quarter, missing analysts' consensus estimates of $0.42 by ($0.16). Beazer Homes USA had a net margin of 2.84% and a return on equity of 6.16%. The company had revenue of $545.37 million for the quarter, compared to the consensus estimate of $565.47 million. During the same period in the prior year, the company earned $0.88 earnings per share. The firm's revenue was down 8.4% on a year-over-year basis. Analysts forecast that Beazer Homes USA will post 3.48 earnings per share for the current year.

About Beazer Homes USA

Beazer Homes USA, Inc operates as a homebuilder in the United States. It designs, constructs, and sells single-family and multi-family homes under the Beazer Homes, Gatherings, and Choice Plans names. The company also sells its homes through commissioned new home sales counselors and independent brokers in Arizona, California, Nevada, Texas, Indiana, Delaware, Maryland, Tennessee, Virginia, Florida, Georgia, North Carolina, and South Carolina.

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