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

Key Points

• Analysts give Beazer Homes a consensus recommendation of Hold from five covering firms (1 sell, 2 hold, 2 buy) with an average 12‑month target price of $31.33.
• Beazer missed its latest quarter, reporting EPS of ($0.90) versus a consensus of ($0.49) and revenue of $363.49M versus $423.23M, with revenue down 22.5% year‑over‑year.
• Institutional investors own 85.65% of the stock, with recent buying activity including HSBC increasing holdings 14% and Readystate Asset Management boosting its stake 154.3%.

Shares of Beazer Homes USA, Inc. (NYSE:BZH - Get Free Report) have been given a consensus recommendation of "Hold" by the five analysts that are presently covering the firm, MarketBeat reports. One investment 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 target price among brokerages that have issued a report on the stock in the last year is $31.3333.

A number of equities research analysts recently issued reports on BZH shares. Wall Street Zen cut shares of Beazer Homes USA from a "hold" rating to a "strong sell" rating in a research report on Saturday, January 31st. Weiss Ratings lowered shares of Beazer Homes USA from a "hold (c)" rating to a "sell (d)" rating in a research report on Friday, January 30th. Finally, Zacks Research raised shares of Beazer Homes USA from a "strong sell" rating to a "hold" rating in a research note on Friday, January 16th.

Institutional Investors Weigh In On Beazer Homes USA

Large investors have recently bought and sold shares of the business. Hsbc Holdings PLC increased its holdings in Beazer Homes USA by 14.0% during the 4th quarter. Hsbc Holdings PLC now owns 22,153 shares of the construction company's stock valued at $449,000 after purchasing an additional 2,723 shares in the last quarter. XTX Topco Ltd acquired a new position in Beazer Homes USA in the fourth quarter worth $1,157,000. Polymer Capital Management US LLC acquired a new position in Beazer Homes USA in the fourth quarter worth $337,000. Quadrature Capital Ltd bought a new stake in shares of Beazer Homes USA during the fourth quarter worth $264,000. Finally, Readystate Asset Management LP grew its holdings in shares of Beazer Homes USA by 154.3% during the fourth quarter. Readystate Asset Management LP now owns 157,870 shares of the construction company's stock worth $3,200,000 after purchasing an additional 95,782 shares during the last quarter. 85.65% of the stock is currently owned by institutional investors.

Beazer Homes USA Price Performance

Shares of BZH stock opened at $18.80 on Tuesday. The stock's fifty day simple moving average is $23.46 and its 200 day simple moving average is $22.92. Beazer Homes USA has a one year low of $17.37 and a one year high of $28.33. The firm has a market cap of $554.64 million, a price-to-earnings ratio of 62.65, a P/E/G ratio of 1.58 and a beta of 2.17. The company has a debt-to-equity ratio of 0.94, a current ratio of 19.62 and a quick ratio of 1.81.

Beazer Homes USA (NYSE:BZH - Get Free Report) last released its quarterly earnings data on Thursday, January 29th. The construction company reported ($0.90) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.49) by ($0.41). Beazer Homes USA had a return on equity of 2.11% and a net margin of 0.44%.The company had revenue of $363.49 million for the quarter, compared to analyst estimates of $423.23 million. During the same quarter in the prior year, the company earned $0.10 earnings per share. The business's revenue was down 22.5% compared to the same quarter last year. On average, analysts expect that Beazer Homes USA will post 3.48 earnings per share for the current fiscal year.

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.

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