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

Key Points

• Analysts have a consensus “Hold” rating on Beazer Homes USA, with one sell, two hold, and one strong-buy recommendation among four covering firms. Recent rating changes were mixed, including upgrades from Zacks Research and downgrades from Oppenheimer and Texas Capital.
• Beazer Homes reported quarterly EPS of -$0.16, beating the consensus estimate of -$0.34, while revenue of $516.31 million also exceeded expectations. However, revenue declined 5.3% year over year, and analysts expect a full-year loss of $0.33 per share.
• The stock opened at $33.38, near its 52-week high of $34.54, with a market capitalization of approximately $890 million. Institutional investors and hedge funds own 85.65% of the company’s shares.

Beazer Homes USA, Inc. (NYSE:BZH - Get Free Report) has earned an average rating of "Hold" from the four research firms that are covering the company, MarketBeat.com reports. One equities research analyst has rated the stock with a sell recommendation, two have issued a hold recommendation and one has issued a strong buy recommendation on the company.

Several brokerages recently commented on BZH. Zacks Research raised Beazer Homes USA from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, August 11th. Weiss Ratings raised shares of Beazer Homes USA from a "sell (d)" rating to a "sell (d+)" rating in a research note on Wednesday, August 26th. Oppenheimer lowered shares of Beazer Homes USA from an "outperform" rating to a "market perform" rating in a research report on Friday, August 7th. Finally, Texas Capital downgraded shares of Beazer Homes USA from a "strong-buy" rating to a "hold" rating in a research report on Monday, August 10th.

Beazer Homes USA Stock Up 0.0%

Beazer Homes USA stock opened at $33.38 on Wednesday. The company has a current ratio of 14.64, a quick ratio of 1.28 and a debt-to-equity ratio of 1.23. Beazer Homes USA has a 1-year low of $17.83 and a 1-year high of $34.54. The company has a fifty day simple moving average of $33.20 and a 200 day simple moving average of $27.45. The company has a market cap of $890.45 million, a P/E ratio of -111.25 and a beta of 2.17.

Beazer Homes USA (NYSE:BZH - Get Free Report) last posted its quarterly earnings data on Friday, August 7th. The construction company reported ($0.16) EPS for the quarter, topping analysts' consensus estimates of ($0.34) by $0.18. The company had revenue of $516.31 million during the quarter, compared to the consensus estimate of $510.55 million. Beazer Homes USA had a negative net margin of 0.37% and a positive return on equity of 0.18%. The company's quarterly revenue was down 5.3% on a year-over-year basis. During the same period in the prior year, the business posted $0.26 EPS. Research analysts anticipate that Beazer Homes USA will post -0.33 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Beazer Homes USA

Institutional investors have recently bought and sold shares of the business. Integrated Wealth Concepts LLC bought a new stake in Beazer Homes USA in the second quarter valued at approximately $141,000. Governors Lane LP acquired a new stake in Beazer Homes USA during the 2nd quarter valued at $6,097,000. Arizona State Retirement System bought a new position in Beazer Homes USA during the second quarter worth $206,000. HB Wealth Management LLC increased its holdings in shares of Beazer Homes USA by 1.4% in the second quarter. HB Wealth Management LLC now owns 59,448 shares of the construction company's stock valued at $1,668,000 after purchasing an additional 833 shares during the last quarter. Finally, NINE MASTS CAPITAL Ltd acquired a new position in shares of Beazer Homes USA in the second quarter valued at $604,000. Institutional investors and hedge funds own 85.65% of the company's stock.

Beazer Homes USA Company Profile

Beazer Homes USA, Inc is a residential construction company that builds and sells single-family homes in the United States. The company develops residential communities and offers newly constructed homes in a range of designs, sizes and price points, with buyers typically able to select from available floor plans, finishes and other design features.

Beazer serves multiple U.S. housing markets, with operations concentrated in regions including the Southeast, Mid-Atlantic, Texas and the West.

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