Beazer Homes USA (NYSE:BZH) issued its quarterly earnings data on Thursday. The company reported ($0.23) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.37) by $0.14, Analyst Ratings Network reports. The company had revenue of $314.44 million for the quarter, compared to the consensus estimate of $332.21 million. During the same quarter in the previous year, the company posted ($0.38) earnings per share. The company’s revenue for the quarter was up 23.5% on a year-over-year basis.
Several analysts have recently commented on the stock. Analysts at Compass Point cut their price target on shares of Beazer Homes USA from $19.50 to $16.50 in a research note to investors on Thursday, July 25th. They now have a “neutral” rating on the stock. On a related note, analysts at Zacks downgraded shares of Beazer Homes USA from an “outperform” rating to a “neutral” rating in a research note to investors on Tuesday, July 23rd. They now have a $21.40 price target on the stock. Finally, analysts at Credit Suisse upgraded shares of Beazer Homes USA from a “neutral” rating to an “outperform” rating in a research note to investors on Monday, July 8th.
Seven investment analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. Beazer Homes USA currently has a consensus rating of “Hold” and an average price target of $23.06.
Shares of Beazer Homes USA (NYSE:BZH) traded up 0.35% during mid-day trading on Friday, hitting $17.07. Beazer Homes USA has a 52 week low of $11.20 and a 52 week high of $23.29. The stock’s 50-day moving average is currently $18.04. The company’s market cap is $421.9 million.
Beazer Homes USA, Inc (NYSE:BZH) diversified homebuilder with active operations in 16 states.
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