Beazer Homes USA (NYSE:BZH) Upgraded at Wall Street Zen

Key Points

• Wall Street Zen upgraded Beazer Homes USA from a "strong sell" to a "sell," while other analysts are mixed (Zacks to "hold," Weiss to "sell") and the consensus rating remains a "Hold" with an average price target of $31.33.
• Beazer's latest quarter showed an EPS beat of ($0.03) versus a ($0.72) estimate, but revenue fell 27.5% year‑over‑year to $409.85 million and missed expectations.
• Shares trade near $20.61 with a market cap of $608 million and a 12‑month range of $18.58–$28.33, and institutional investors have been increasing stakes (UBS, Millennium, JPMorgan, Schwab), with institutions now owning 85.65% of the stock.

Beazer Homes USA (NYSE:BZH - Get Free Report) was upgraded by stock analysts at Wall Street Zen from a "strong sell" rating to a "sell" rating in a report issued on Saturday.

Several other research firms have also weighed in on BZH. Zacks Research upgraded shares of Beazer Homes USA from a "strong sell" rating to a "hold" rating in a research report on Friday, January 16th. 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. Two investment analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat, the stock has a consensus rating of "Hold" and an average price target of $31.33.

Beazer Homes USA Stock Performance

Shares of BZH opened at $20.61 on Friday. The stock has a 50 day moving average of $21.82 and a 200 day moving average of $22.45. The company has a market capitalization of $608.17 million, a price-to-earnings ratio of 68.70, a PEG ratio of 1.79 and a beta of 2.15. Beazer Homes USA has a 12 month low of $18.58 and a 12 month high of $28.33. The company has a current ratio of 19.62, a quick ratio of 1.81 and a debt-to-equity ratio of 0.94.

Beazer Homes USA (NYSE:BZH - Get Free Report) last posted its quarterly earnings data on Thursday, April 30th. The construction company reported ($0.03) earnings per share for the quarter, topping the consensus estimate of ($0.72) by $0.69. Beazer Homes USA had a positive return on equity of 0.99% and a negative net margin of 0.18%.The business had revenue of $409.85 million for the quarter, compared to analysts' expectations of $448.79 million. During the same quarter in the previous year, the firm earned $0.42 earnings per share. The business's revenue was down 27.5% on a year-over-year basis. As a group, sell-side analysts forecast that Beazer Homes USA will post 1.01 earnings per share for the current year.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the company. UBS Group AG raised its holdings in Beazer Homes USA by 189.7% during the 4th quarter. UBS Group AG now owns 537,663 shares of the construction company's stock valued at $10,898,000 after acquiring an additional 352,092 shares during the period. Millennium Management LLC boosted 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 worth $9,235,000 after acquiring an additional 339,607 shares during the period. JPMorgan Chase & Co. grew its position in shares of Beazer Homes USA by 1,385.2% in the third quarter. JPMorgan Chase & Co. now owns 229,705 shares of the construction company's stock valued at $5,639,000 after purchasing an additional 214,239 shares in the last quarter. Charles Schwab Investment Management Inc. grew its position in shares of Beazer Homes USA by 22.1% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 678,471 shares of the construction company's stock valued at $13,753,000 after purchasing an additional 122,606 shares in the last quarter. Finally, Readystate Asset Management LP raised its stake in shares of Beazer Homes USA by 154.3% during the 4th quarter. Readystate Asset Management LP now owns 157,870 shares of the construction company's stock valued at $3,200,000 after purchasing an additional 95,782 shares during the period. Hedge funds and other institutional investors own 85.65% of the company's stock.

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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