Beazer Homes USA (NYSE:BZH) Raised to “Sell” at Wall Street Zen

Beazer Homes USA (NYSE:BZH) was upgraded by stock analysts at Wall Street Zen from a “strong sell” rating to a “sell” rating in a research note issued to investors on Saturday.

Other research analysts have also issued reports about the company. Weiss Ratings lowered Beazer Homes USA from a “hold (c)” rating to a “sell (d)” rating in a report on Friday, January 30th. Zacks Research raised Beazer Homes USA from a “strong sell” rating to a “hold” rating in a report on Friday, January 16th. Two research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, Beazer Homes USA has an average rating of “Hold” and a consensus price target of $31.33.

Beazer Homes USA Stock Down 0.1%

Shares of BZH stock opened at $20.61 on Friday. The stock’s 50-day simple moving average is $21.82 and its 200-day simple moving average is $22.45. The company has a debt-to-equity ratio of 1.05, a quick ratio of 1.32 and a current ratio of 15.67. The firm has a market capitalization of $608.17 million, a PE ratio of -137.39, a P/E/G ratio of 1.71 and a beta of 2.15. Beazer Homes USA has a fifty-two week low of $18.58 and a fifty-two week high of $28.33.

Beazer Homes USA (NYSE:BZH) last announced its quarterly earnings data on Thursday, April 30th. The construction company reported ($0.03) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.72) by $0.69. The business had revenue of $409.85 million for the quarter, compared to analyst estimates of $448.79 million. Beazer Homes USA had a positive return on equity of 0.99% and a negative net margin of 0.18%.The company’s revenue was down 27.5% on a year-over-year basis. During the same period in the prior year, the company earned $0.42 earnings per share. Equities analysts expect that Beazer Homes USA will post 1.01 earnings per share for the current year.

Institutional Trading of Beazer Homes USA

A number of hedge funds have recently modified their holdings of the stock. First Eagle Investment Management LLC boosted its stake in shares of Beazer Homes USA by 0.8% in the fourth quarter. First Eagle Investment Management LLC now owns 701,437 shares of the construction company’s stock worth $14,218,000 after buying an additional 5,500 shares during the last quarter. Charles Schwab Investment Management Inc. boosted its stake in shares of Beazer Homes USA by 22.1% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 678,471 shares of the construction company’s stock worth $13,753,000 after buying an additional 122,606 shares during the last quarter. UBS Group AG boosted its stake in shares of Beazer Homes USA by 189.7% in the fourth quarter. UBS Group AG now owns 537,663 shares of the construction company’s stock worth $10,898,000 after buying an additional 352,092 shares during the last quarter. Winslow Asset Management Inc. boosted its stake in shares of Beazer Homes USA by 1.0% in the fourth quarter. Winslow Asset Management Inc. now owns 493,583 shares of the construction company’s stock worth $10,005,000 after buying an additional 4,678 shares during the last quarter. Finally, Millennium Management LLC boosted its stake in shares of Beazer Homes USA by 928.5% in the third quarter. Millennium Management LLC now owns 376,183 shares of the construction company’s stock worth $9,235,000 after buying an additional 339,607 shares during the last quarter. 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.