Beazer Homes USA, Inc. (NYSE:BZH) Given Consensus Rating of “Hold” by Analysts

Beazer Homes USA, Inc. (NYSE:BZH) has been given a consensus rating of “Hold” by the five research firms that are covering the stock, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, two have assigned a hold recommendation and two have issued a buy recommendation on the company. The average 1-year price objective among brokers that have issued a report on the stock in the last year is $31.3333.

BZH has been the subject of a number of analyst reports. Wall Street Zen downgraded Beazer Homes USA from a “hold” rating to a “strong sell” rating in a research note on Saturday, January 31st. Weiss Ratings downgraded Beazer Homes USA from a “hold (c)” rating to a “sell (d)” rating in a research note on Friday, January 30th. Finally, Zacks Research upgraded Beazer Homes USA from a “strong sell” rating to a “hold” rating in a research note on Friday, January 16th.

Hedge Funds Weigh In On Beazer Homes USA

A number of hedge funds have recently added to or reduced their stakes in BZH. Harbor Capital Advisors Inc. raised its holdings in Beazer Homes USA by 5.9% during the 3rd quarter. Harbor Capital Advisors Inc. now owns 8,202 shares of the construction company’s stock valued at $201,000 after acquiring an additional 456 shares during the period. Rhumbline Advisers raised its holdings in Beazer Homes USA by 1.4% during the 2nd quarter. Rhumbline Advisers now owns 46,206 shares of the construction company’s stock valued at $1,034,000 after acquiring an additional 642 shares during the period. State of Wyoming raised its holdings in Beazer Homes USA by 18.5% during the 4th quarter. State of Wyoming now owns 4,523 shares of the construction company’s stock valued at $92,000 after acquiring an additional 706 shares during the period. Assenagon Asset Management S.A. raised its holdings in Beazer Homes USA by 0.5% during the 4th quarter. Assenagon Asset Management S.A. now owns 142,287 shares of the construction company’s stock valued at $2,884,000 after acquiring an additional 715 shares during the period. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in 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 valued at $353,000 after acquiring an additional 734 shares during the period. Institutional investors and hedge funds own 85.65% of the company’s stock.

Beazer Homes USA Stock Performance

Shares of BZH opened at $22.47 on Friday. The company has a debt-to-equity ratio of 0.94, a current ratio of 19.62 and a quick ratio of 1.81. The stock has a 50-day moving average of $22.28 and a 200-day moving average of $22.47. The company has a market cap of $663.02 million, a PE ratio of 74.90, a P/E/G ratio of 1.87 and a beta of 2.21. Beazer Homes USA has a one year low of $18.58 and a one year high of $28.33.

Beazer Homes USA (NYSE:BZH) last issued its earnings results on Thursday, January 29th. The construction company reported ($0.90) EPS 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 business’s quarterly revenue was down 22.5% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.10 earnings per share. On average, equities research analysts predict that Beazer Homes USA will post 1.01 EPS for the current fiscal year.

About Beazer Homes USA

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.