Beazer Homes USA (NYSE:BZH) was downgraded by equities research analysts at TheStreet from a “b-” rating to a “c” rating in a research note issued on Tuesday, TheStreetRatingsTable reports.
Other analysts also recently issued research reports about the company. Wedbush reiterated a “neutral” rating and set a $24.00 price target on shares of Beazer Homes USA in a research note on Thursday, November 11th. Zelman & Associates raised Beazer Homes USA from a “sell” rating to a “hold” rating in a report on Thursday, November 11th. Finally, Zacks Investment Research cut Beazer Homes USA from a “buy” rating to a “hold” rating in a report on Wednesday. Three research analysts have rated the stock with a hold rating and one has given a buy rating to the company. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $22.33.
NYSE:BZH opened at $18.37 on Tuesday. The company has a market cap of $577.92 million, a price-to-earnings ratio of 3.88 and a beta of 2.03. The company has a debt-to-equity ratio of 1.40, a current ratio of 15.69 and a quick ratio of 1.89. The stock’s 50 day simple moving average is $21.15 and its two-hundred day simple moving average is $19.31. Beazer Homes USA has a 1 year low of $15.95 and a 1 year high of $26.12.
Beazer Homes USA (NYSE:BZH) last posted its quarterly earnings data on Thursday, January 27th. The construction company reported $1.14 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.67 by $0.47. Beazer Homes USA had a return on equity of 20.95% and a net margin of 6.69%. The company had revenue of $454.15 million during the quarter, compared to analysts’ expectations of $451.90 million. During the same quarter in the previous year, the business earned $0.40 EPS. Beazer Homes USA’s revenue was up 6.0% compared to the same quarter last year. As a group, analysts anticipate that Beazer Homes USA will post 5.26 EPS for the current year.
A number of hedge funds have recently bought and sold shares of BZH. Signaturefd LLC increased its stake in Beazer Homes USA by 685.5% during the fourth quarter. Signaturefd LLC now owns 1,139 shares of the construction company’s stock worth $26,000 after acquiring an additional 994 shares during the last quarter. Captrust Financial Advisors increased its stake in Beazer Homes USA by 58.3% during the third quarter. Captrust Financial Advisors now owns 1,630 shares of the construction company’s stock worth $28,000 after acquiring an additional 600 shares during the last quarter. Koshinski Asset Management Inc. purchased a new position in shares of Beazer Homes USA during the third quarter worth $32,000. Metropolitan Life Insurance Co NY boosted its position in shares of Beazer Homes USA by 58,522.2% during the second quarter. Metropolitan Life Insurance Co NY now owns 5,276 shares of the construction company’s stock worth $102,000 after buying an additional 5,267 shares during the period. Finally, MetLife Investment Management LLC boosted its position in shares of Beazer Homes USA by 92.9% during the second quarter. MetLife Investment Management LLC now owns 10,935 shares of the construction company’s stock worth $211,000 after buying an additional 5,265 shares during the period. 78.27% of the stock is owned by institutional investors.
Beazer Homes USA Company Profile
Beazer Homes USA, Inc engages in the design and sale of single-family and multi-family homes. It operates through the following geographical segments: West, East, and Southeast. The West segment includes Arizona, California, Nevada, and Texas. The East segment consists of Delaware, Indiana, Maryland, Tennessee, and Virginia.
