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

Key Points

• Beazer Homes USA has an average “Hold” rating from four analysts: one sell, two holds, and one strong buy. Recent analyst actions were mixed, including downgrades from Oppenheimer and Texas Capital and an upgrade from Zacks Research.
• Institutional investors own approximately 85.65% of the company, with several funds recently increasing or initiating positions.
• BZH shares opened at $33.28, near their 52-week high of $34.54. In its latest quarter, the company reported an adjusted loss of $0.16 per share, beating expectations, while revenue fell 5.3% year over year to $516.31 million.

Shares of Beazer Homes USA, Inc. (NYSE:BZH - Get Free Report) have received an average recommendation of "Hold" from the four research firms that are currently covering the stock, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, two have assigned a hold recommendation and one has given a strong buy recommendation to the company.

BZH has been the topic of a number of recent analyst reports. Wall Street Zen lowered shares of Beazer Homes USA from a "sell" rating to a "strong sell" rating in a research note on Sunday, May 10th. Zacks Research upgraded Beazer Homes USA from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, August 11th. Oppenheimer cut Beazer Homes USA from an "outperform" rating to a "market perform" rating in a research report on Friday, August 7th. Texas Capital lowered Beazer Homes USA from a "strong-buy" rating to a "hold" rating in a report on Monday, August 10th. Finally, Weiss Ratings upgraded Beazer Homes USA from a "sell (d)" rating to a "sell (d+)" rating in a research note on Wednesday, August 26th.

Hedge Funds Weigh In On Beazer Homes USA

Institutional investors and hedge funds have recently modified their holdings of the business. Royal Bank of Canada increased its position in shares of Beazer Homes USA by 93.9% in the fourth 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 in the last quarter. Osaic Holdings Inc. grew its position in shares of Beazer Homes USA by 454.9% in the second quarter. Osaic Holdings Inc. now owns 2,103 shares of the construction company's stock valued at $47,000 after purchasing an additional 1,724 shares during the period. Comerica Bank purchased a new stake in shares of Beazer Homes USA during the third quarter worth about $48,000. Public Employees Retirement System of Ohio acquired a new position in shares of Beazer Homes USA during the 2nd quarter worth about $56,000. Finally, Aquatic Capital Management LLC purchased a new position in Beazer Homes USA in the 3rd quarter valued at about $70,000. Hedge funds and other institutional investors own 85.65% of the company's stock.

Beazer Homes USA Stock Up 0.2%

Shares of BZH stock opened at $33.28 on Friday. The stock's fifty day moving average price is $32.25 and its 200 day moving average price is $26.45. Beazer Homes USA has a 1-year low of $17.83 and a 1-year high of $34.54. The company has a market cap of $887.91 million, a price-to-earnings ratio of -110.93 and a beta of 2.17. The company has a debt-to-equity ratio of 1.23, a current ratio of 14.64 and a quick ratio of 1.28.

Beazer Homes USA (NYSE:BZH - Get Free Report) last released its quarterly earnings results on Friday, August 7th. The construction company reported ($0.16) EPS for the quarter, beating analysts' consensus estimates of ($0.34) by $0.18. Beazer Homes USA had a positive return on equity of 0.18% and a negative net margin of 0.37%.The company had revenue of $516.31 million during the quarter, compared to analysts' expectations of $510.55 million. During the same period last year, the business posted $0.26 earnings per share. The firm's revenue was down 5.3% compared to the same quarter last year. On average, research analysts expect that Beazer Homes USA will post -0.21 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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