Beazer Homes USA, Inc. (NYSE:BZH) Given Average Recommendation of “Reduce” by Analysts

Shares of Beazer Homes USA, Inc. (NYSE:BZH) have been assigned an average rating of “Reduce” from the four analysts that are presently covering the company, MarketBeat reports. One investment analyst has rated the stock with a sell recommendation and three have issued a hold recommendation on the company.

BZH has been the subject of a number of recent analyst reports. Texas Capital cut shares of Beazer Homes USA from a “strong-buy” rating to a “hold” rating in a research report on Monday. Oppenheimer lowered Beazer Homes USA from an “outperform” rating to a “market perform” rating in a report on Friday. Wall Street Zen cut Beazer Homes USA from a “sell” rating to a “strong sell” rating in a research note on Sunday, May 10th. Finally, Weiss Ratings upgraded Beazer Homes USA from a “sell (d)” rating to a “sell (d+)” rating in a report on Friday, July 10th.

Beazer Homes USA Trading Down 0.1%

BZH opened at $33.16 on Tuesday. The firm’s fifty day moving average is $29.86 and its two-hundred day moving average is $25.30. The firm has a market cap of $906.26 million, a PE ratio of -110.53 and a beta of 2.17. Beazer Homes USA has a twelve month low of $17.83 and a twelve month high of $34.54. The company has a debt-to-equity ratio of 1.05, a quick ratio of 1.32 and a current ratio of 15.67.

Institutional Trading of Beazer Homes USA

A number of large investors have recently bought and sold shares of the business. Royal Bank of Canada lifted its stake in Beazer Homes USA by 93.9% in the fourth quarter. Royal Bank of Canada now owns 1,883 shares of the construction company’s stock valued at $38,000 after buying an additional 912 shares in the last quarter. Osaic Holdings Inc. increased its position in shares of Beazer Homes USA by 454.9% during the second quarter. Osaic Holdings Inc. now owns 2,103 shares of the construction company’s stock worth $47,000 after acquiring an additional 1,724 shares in the last quarter. Comerica Bank bought a new stake in shares of Beazer Homes USA during the third quarter worth $48,000. Aquatic Capital Management LLC acquired a new stake in shares of Beazer Homes USA during the third quarter worth $70,000. Finally, Tower Research Capital LLC TRC raised its holdings in shares of Beazer Homes USA by 123.4% during the second quarter. Tower Research Capital LLC TRC now owns 3,500 shares of the construction company’s stock worth $78,000 after acquiring an additional 1,933 shares during the period. 85.65% of the stock is owned by institutional investors.

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.