Beazer Homes USA, Inc. (NYSE:BZH) has been assigned an average rating of “Hold” from the nine ratings firms that are covering the firm, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell rating, five 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 updated their coverage on the stock in the last year is $19.00.

Several brokerages have weighed in on BZH. TheStreet raised Beazer Homes USA from a “c” rating to a “b-” rating in a report on Tuesday, November 14th. Zacks Investment Research raised Beazer Homes USA from a “strong sell” rating to a “hold” rating in a report on Monday, November 20th. JPMorgan Chase & Co. raised Beazer Homes USA from a “neutral” rating to an “overweight” rating and raised their price target for the stock from $14.50 to $21.00 in a report on Thursday, September 14th. Finally, Credit Suisse Group reaffirmed a “neutral” rating and issued a $21.00 price target (up from $15.00) on shares of Beazer Homes USA in a report on Monday, November 20th.

Several institutional investors have recently bought and sold shares of the company. Neuberger Berman Group LLC boosted its holdings in shares of Beazer Homes USA by 0.8% in the second quarter. Neuberger Berman Group LLC now owns 14,655 shares of the construction company’s stock worth $201,000 after acquiring an additional 118 shares during the period. The Manufacturers Life Insurance Company boosted its holdings in shares of Beazer Homes USA by 1.2% in the second quarter. The Manufacturers Life Insurance Company now owns 25,938 shares of the construction company’s stock worth $355,000 after acquiring an additional 318 shares during the period. Rhumbline Advisers boosted its holdings in shares of Beazer Homes USA by 1.2% in the second quarter. Rhumbline Advisers now owns 44,068 shares of the construction company’s stock worth $605,000 after acquiring an additional 523 shares during the period. Schwab Charles Investment Management Inc. boosted its holdings in shares of Beazer Homes USA by 0.5% in the second quarter. Schwab Charles Investment Management Inc. now owns 115,143 shares of the construction company’s stock worth $1,580,000 after acquiring an additional 627 shares during the period. Finally, TIAA CREF Investment Management LLC boosted its holdings in shares of Beazer Homes USA by 0.4% in the second quarter. TIAA CREF Investment Management LLC now owns 392,908 shares of the construction company’s stock worth $5,391,000 after acquiring an additional 1,721 shares during the period. 83.28% of the stock is owned by hedge funds and other institutional investors.

Shares of Beazer Homes USA (BZH) traded up $1.21 during midday trading on Monday, reaching $20.70. The company’s stock had a trading volume of 772,045 shares, compared to its average volume of 522,088. Beazer Homes USA has a 1-year low of $11.18 and a 1-year high of $23.24. The company has a market capitalization of $695.44, a price-to-earnings ratio of 22.02 and a beta of 2.70. The company has a current ratio of 18.20, a quick ratio of 3.30 and a debt-to-equity ratio of 1.95.

Beazer Homes USA (NYSE:BZH) last announced its quarterly earnings data on Tuesday, November 14th. The construction company reported $1.03 earnings per share for the quarter, beating the consensus estimate of $0.53 by $0.50. Beazer Homes USA had a return on equity of 6.29% and a net margin of 1.66%. The business had revenue of $673.00 million during the quarter, compared to analyst estimates of $645.17 million. During the same period in the prior year, the company earned $0.45 earnings per share. Beazer Homes USA’s revenue was up 6.5% compared to the same quarter last year. equities research analysts anticipate that Beazer Homes USA will post 1.4 earnings per share for the current fiscal year.

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Beazer Homes USA Company Profile

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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