Beazer Homes USA, Inc. (NYSE:BZH) Receives Average Rating of "Hold" from Analysts

Key Points

• Analysts' consensus is "Hold": five analysts cover Beazer Homes (1 sell, 2 hold, 2 buy) with an average 1‑year price target of $31.33.
• Earnings and revenue missed estimates: Beazer reported Q EPS of ($0.90) versus ($0.49) expected and revenue of $363.49M versus $423.23M expected, with revenue down 22.5% year‑over‑year.
• Shares trade around $22.47 with a market cap of $663M and a high PE of 74.9, and institutional investors hold about 85.65% of the stock.

Shares of Beazer Homes USA, Inc. (NYSE:BZH - Get Free Report) have been assigned an average rating of "Hold" from the five ratings firms that are currently covering the company, Marketbeat Ratings reports. One research analyst has rated the stock with a sell rating, two have issued a hold rating and two have issued a buy rating on the company. The average 1-year price objective among brokers that have issued ratings on the stock in the last year is $31.3333.

Several research analysts have recently weighed in on BZH shares. Zacks Research raised Beazer Homes USA from a "strong sell" rating to a "hold" rating in a research report on Friday, January 16th. Weiss Ratings lowered Beazer Homes USA from a "hold (c)" rating to a "sell (d)" rating in a research report on Friday, January 30th. Finally, Wall Street Zen lowered Beazer Homes USA from a "hold" rating to a "strong sell" rating in a research report on Saturday, January 31st.

Beazer Homes USA Trading Down 0.4%

Shares of BZH stock opened at $22.47 on Friday. The stock's fifty day moving average price is $22.28 and its two-hundred day moving average price is $22.47. The company has a market cap of $663.02 million, a PE ratio of 74.90, a P/E/G ratio of 1.87 and a beta of 2.21. Beazer Homes USA has a fifty-two week low of $18.58 and a fifty-two week high of $28.33. The company has a debt-to-equity ratio of 0.94, a quick ratio of 1.81 and a current ratio of 19.62.

Beazer Homes USA (NYSE:BZH - Get Free Report) last issued its earnings results on Thursday, January 29th. The construction company reported ($0.90) earnings per share for the quarter, missing analysts' consensus estimates of ($0.49) by ($0.41). Beazer Homes USA had a net margin of 0.44% and a return on equity of 2.11%. The business had revenue of $363.49 million during the quarter, compared to analyst estimates of $423.23 million. During the same period in the prior year, the business posted $0.10 EPS. The company's revenue for the quarter was down 22.5% compared to the same quarter last year. Equities analysts predict that Beazer Homes USA will post 1.01 EPS for the current fiscal year.

Institutional Trading of Beazer Homes USA

Large investors have recently made changes to their positions in the company. State of Alaska Department of Revenue acquired a new stake in shares of Beazer Homes USA in the 3rd quarter valued at about $37,000. Royal Bank of Canada grew its stake in shares of Beazer Homes USA by 93.9% in the 4th quarter. Royal Bank of Canada now owns 1,883 shares of the construction company's stock valued at $38,000 after buying an additional 912 shares during the period. Osaic Holdings Inc. grew its stake in shares of Beazer Homes USA by 454.9% in the 2nd quarter. Osaic Holdings Inc. now owns 2,103 shares of the construction company's stock valued at $47,000 after buying an additional 1,724 shares during the period. Comerica Bank acquired a new stake in shares of Beazer Homes USA in the 3rd quarter valued at about $48,000. Finally, Aquatic Capital Management LLC acquired a new stake in shares of Beazer Homes USA in the 3rd quarter valued at about $70,000. 85.65% of the stock is currently owned by institutional investors and hedge funds.

About Beazer Homes USA

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.