Beazer Homes USA, Inc. (NYSE:BZH) has been assigned an average rating of “Hold” from the nine research firms that are presently covering the firm, MarketBeat reports. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and two have assigned a buy rating to the company. The average 1-year price target among brokers that have issued a report on the stock in the last year is $19.00.

BZH has been the subject of a number of recent analyst reports. Zacks Investment Research raised Beazer Homes USA from a “hold” rating to a “buy” rating and set a $17.00 price objective for the company in a research report on Thursday, August 3rd. Wedbush downgraded Beazer Homes USA from an “outperform” rating to a “neutral” rating and set a $15.00 price objective for the company. in a research report on Tuesday, August 8th. BidaskClub raised Beazer Homes USA from a “hold” rating to a “buy” rating in a research report on Tuesday, August 8th. ValuEngine downgraded Beazer Homes USA from a “buy” rating to a “hold” rating in a research report on Friday, September 1st. Finally, J P Morgan Chase & Co raised Beazer Homes USA from a “neutral” rating to an “overweight” rating and raised their price objective for the stock from $14.50 to $21.00 in a research report on Thursday, September 14th.

Beazer Homes USA (NYSE BZH) traded down $0.02 during midday trading on Friday, hitting $21.94. The stock had a trading volume of 372,166 shares, compared to its average volume of 543,873. Beazer Homes USA has a fifty-two week low of $11.18 and a fifty-two week high of $23.24. The company has a debt-to-equity ratio of 1.95, a quick ratio of 3.30 and a current ratio of 18.20. The stock has a market cap of $735.27, a price-to-earnings ratio of 17.16 and a beta of 2.73.

Beazer Homes USA (NYSE:BZH) last issued its quarterly earnings data on Tuesday, November 14th. The construction company reported $1.03 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.53 by $0.50. The firm had revenue of $673.00 million during the quarter, compared to the consensus estimate of $645.17 million. Beazer Homes USA had a return on equity of 6.29% and a net margin of 1.66%. The company’s quarterly revenue was up 6.5% on a year-over-year basis. During the same period last year, the company earned $0.45 EPS. equities research analysts expect that Beazer Homes USA will post 1.33 earnings per share for the current fiscal year.

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A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Cornerstone Capital Management Holdings LLC. grew its position in shares of Beazer Homes USA by 34.6% during the third quarter. Cornerstone Capital Management Holdings LLC. now owns 282,200 shares of the construction company’s stock worth $5,287,000 after buying an additional 72,600 shares in the last quarter. Allianz Asset Management GmbH grew its position in shares of Beazer Homes USA by 14.4% during the third quarter. Allianz Asset Management GmbH now owns 50,180 shares of the construction company’s stock worth $940,000 after buying an additional 6,335 shares in the last quarter. Engineers Gate Manager LP grew its position in shares of Beazer Homes USA by 9.3% during the third quarter. Engineers Gate Manager LP now owns 58,899 shares of the construction company’s stock worth $1,104,000 after buying an additional 5,028 shares in the last quarter. OxFORD Asset Management LLP acquired a new position in shares of Beazer Homes USA during the third quarter worth about $1,785,000. Finally, Dimensional Fund Advisors LP grew its position in shares of Beazer Homes USA by 55.6% during the third quarter. Dimensional Fund Advisors LP now owns 651,056 shares of the construction company’s stock worth $12,200,000 after buying an additional 232,516 shares in the last quarter. 84.14% of the stock is owned by institutional investors.

About Beazer Homes USA

Beazer Homes USA, Inc is a geographically diversified homebuilder. As of September 30, 2016, the Company had operations in 13 states within over three geographic regions in the United States. The Company’s segments include West, East and Southeast. The Company markets and sells its products through its Website, www.beazer.com; mobile site, m.beazer.com; real estate listing sites, online advertising, including search engine marketing and display advertising, social media, video, brochures, direct marketing and out-of-home advertising, including billboards and signage, as well as other activities.

Analyst Recommendations for Beazer Homes USA (NYSE:BZH)

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