Beazer Homes USA (NYSE:BZH) Shares Cross Above 200-Day Moving Average – Should You Sell?

Beazer Homes USA, Inc. (NYSE:BZH) shares crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $23.59 and traded as high as $26.28. Beazer Homes USA shares last traded at $25.89, with a volume of 559,222 shares.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on the stock. Zacks Research upgraded shares of Beazer Homes USA from a “strong sell” rating to a “hold” rating in a research report on Friday, January 16th. Wall Street Zen downgraded Beazer Homes USA from a “hold” rating to a “strong sell” rating in a research report on Saturday, January 31st. Finally, Weiss Ratings lowered Beazer Homes USA from a “hold (c)” rating to a “sell (d)” rating in a report on Friday, January 30th. Two analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, Beazer Homes USA presently has a consensus rating of “Hold” and an average target price of $31.33.

Beazer Homes USA Trading Down 0.5%

The stock has a market cap of $764.01 million, a price-to-earnings ratio of 86.30, a PEG ratio of 2.15 and a beta of 2.21. The business has a fifty day simple moving average of $23.58 and a 200 day simple moving average of $23.59. The company has a debt-to-equity ratio of 0.94, a quick ratio of 1.81 and a current ratio of 19.62.

Beazer Homes USA (NYSE:BZH) last announced its earnings results on Thursday, January 29th. The construction company reported ($0.90) earnings per share for the quarter, missing the consensus estimate of ($0.49) by ($0.41). The firm had revenue of $363.49 million during the quarter, compared to analyst estimates of $423.23 million. Beazer Homes USA had a net margin of 0.44% and a return on equity of 2.11%. The company’s revenue for the quarter was down 22.5% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.10 EPS. As a group, equities analysts anticipate that Beazer Homes USA, Inc. will post 3.48 EPS for the current year.

Institutional Investors Weigh In On Beazer Homes USA

A number of hedge funds and other institutional investors have recently made changes to their positions in BZH. Royal Bank of Canada lifted its position in Beazer Homes USA by 1.8% during the first quarter. Royal Bank of Canada now owns 73,915 shares of the construction company’s stock worth $1,507,000 after buying an additional 1,279 shares during the period. AQR Capital Management LLC increased its stake in shares of Beazer Homes USA by 35.5% during the 1st quarter. AQR Capital Management LLC now owns 198,855 shares of the construction company’s stock valued at $4,055,000 after acquiring an additional 52,062 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in shares of Beazer Homes USA by 4.4% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 17,314 shares of the construction company’s stock worth $353,000 after acquiring an additional 734 shares during the period. CWM LLC increased its position in Beazer Homes USA by 69.2% during the second quarter. CWM LLC now owns 6,771 shares of the construction company’s stock worth $151,000 after purchasing an additional 2,769 shares during the last quarter. Finally, AlphaQuest LLC raised its stake in Beazer Homes USA by 58.3% during the second quarter. AlphaQuest LLC now owns 4,300 shares of the construction company’s stock worth $96,000 after purchasing an additional 1,583 shares during the period. Hedge funds and other institutional investors own 85.65% of the company’s stock.

Beazer Homes USA Company Profile

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.