An issue of Beazer Homes USA, Inc. (NYSE:BZH) bonds rose 2.8% as a percentage of their face value during trading on Tuesday. The high-yield debt issue has a 5.875% coupon and is set to mature on October 15, 2027. The debt is now trading at $84.50 and was trading at $81.75 one week ago. Price changes in a company’s bonds in credit markets sometimes predict parallel changes in its share price.

Several analysts have issued reports on BZH shares. ValuEngine cut Beazer Homes USA from a “hold” rating to a “sell” rating in a research report on Tuesday, July 17th. Zacks Investment Research raised Beazer Homes USA from a “hold” rating to a “strong-buy” rating and set a $15.00 target price on the stock in a research report on Wednesday, September 5th. JPMorgan Chase & Co. cut Beazer Homes USA from an “overweight” rating to a “neutral” rating and dropped their target price for the company from $18.00 to $13.00 in a research report on Friday, September 21st. Wedbush dropped their target price on Beazer Homes USA from $22.00 to $20.00 and set a “buy” rating on the stock in a research report on Wednesday, September 26th. Finally, Credit Suisse Group dropped their target price on Beazer Homes USA from $16.00 to $13.00 and set a “hold” rating on the stock in a research report on Wednesday, September 26th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and one has given a buy rating to the company. The stock has a consensus rating of “Hold” and an average target price of $15.25.

Shares of Beazer Homes USA stock traded up $2.55 during trading on Tuesday, reaching $10.87. The company’s stock had a trading volume of 4,615,940 shares, compared to its average volume of 573,253. The company has a debt-to-equity ratio of 2.28, a current ratio of 13.59 and a quick ratio of 1.23. The stock has a market capitalization of $290.94 million, a price-to-earnings ratio of 7.06 and a beta of 2.48. Beazer Homes USA, Inc. has a 1-year low of $8.16 and a 1-year high of $23.24.

Several institutional investors have recently bought and sold shares of BZH. California Public Employees Retirement System boosted its position in shares of Beazer Homes USA by 48.5% in the 1st quarter. California Public Employees Retirement System now owns 28,211 shares of the construction company’s stock worth $450,000 after purchasing an additional 9,211 shares in the last quarter. Dimensional Fund Advisors LP boosted its position in shares of Beazer Homes USA by 1.0% in the 1st quarter. Dimensional Fund Advisors LP now owns 698,724 shares of the construction company’s stock worth $11,145,000 after purchasing an additional 6,623 shares in the last quarter. Royal Bank of Canada boosted its position in shares of Beazer Homes USA by 10.5% in the 1st quarter. Royal Bank of Canada now owns 307,482 shares of the construction company’s stock worth $4,904,000 after purchasing an additional 29,198 shares in the last quarter. Los Angeles Capital Management & Equity Research Inc. acquired a new stake in shares of Beazer Homes USA in the 2nd quarter worth $1,077,000. Finally, IndexIQ Advisors LLC boosted its position in shares of Beazer Homes USA by 9.0% in the 2nd quarter. IndexIQ Advisors LLC now owns 137,142 shares of the construction company’s stock worth $2,023,000 after purchasing an additional 11,380 shares in the last quarter. 91.31% of the stock is owned by hedge funds and other institutional investors.

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About Beazer Homes USA (NYSE:BZH)

Beazer Homes USA, Inc operates as a homebuilder in the United States. The company designs, constructs, and sells single-family and multi-family homes for entry-level, move-up, or retirement-oriented home buyers under the Beazer Homes brand name. It sells its homes through commissioned new home sales counselors and independent brokers in Arizona, California, Nevada, Texas, Delaware, Indiana, Maryland, Tennessee, Virginia, Florida, Georgia, North Carolina, and South Carolina.

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