Beazer Homes USA, Inc. (NYSE:BZH) Receives Consensus Rating of “Reduce” from Analysts

Shares of Beazer Homes USA, Inc. (NYSE:BZH) have received an average rating of “Reduce” from the four analysts that are covering the company, MarketBeat.com reports. One equities research analyst has rated the stock with a sell rating and three have given a hold rating to the company.

A number of brokerages recently commented on BZH. Zacks Research lowered Beazer Homes USA from a “strong-buy” rating to a “hold” rating in a research note on Thursday. Weiss Ratings raised shares of Beazer Homes USA from a “sell (d)” rating to a “sell (d+)” rating in a research note on Wednesday, August 26th. Texas Capital lowered shares of Beazer Homes USA from a “strong-buy” rating to a “hold” rating in a research report on Monday, August 10th. Finally, Oppenheimer cut shares of Beazer Homes USA from an “outperform” rating to a “market perform” rating in a research note on Friday, August 7th.

Institutional Trading of Beazer Homes USA

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Donald Smith & CO. Inc. purchased a new position in Beazer Homes USA during the second quarter worth $78,938,000. Dimensional Fund Advisors LP raised its stake in shares of Beazer Homes USA by 5.4% in the first quarter. Dimensional Fund Advisors LP now owns 999,804 shares of the construction company’s stock valued at $19,236,000 after acquiring an additional 51,284 shares during the period. Governors Lane LP bought a new stake in shares of Beazer Homes USA in the 2nd quarter worth about $6,097,000. Empowered Funds LLC lifted its holdings in shares of Beazer Homes USA by 555.9% in the 1st quarter. Empowered Funds LLC now owns 141,377 shares of the construction company’s stock worth $2,720,000 after acquiring an additional 119,822 shares during the last quarter. Finally, Jamison Private Wealth Management Inc. boosted its stake in shares of Beazer Homes USA by 31.5% during the 1st quarter. Jamison Private Wealth Management Inc. now owns 104,498 shares of the construction company’s stock worth $2,011,000 after purchasing an additional 25,044 shares during the period. Hedge funds and other institutional investors own 85.65% of the company’s stock.

Beazer Homes USA Stock Performance

Shares of NYSE BZH opened at $33.41 on Wednesday. The company has a debt-to-equity ratio of 1.23, a quick ratio of 1.28 and a current ratio of 14.64. The company has a market cap of $891.25 million, a P/E ratio of -111.35, a P/E/G ratio of 1.64 and a beta of 2.19. The firm’s fifty day moving average is $33.22 and its two-hundred day moving average is $27.72. Beazer Homes USA has a 52-week low of $17.83 and a 52-week high of $34.54.

Beazer Homes USA (NYSE:BZH) last released its quarterly earnings data on Friday, August 7th. The construction company reported ($0.16) EPS for the quarter, beating the consensus estimate of ($0.34) by $0.18. Beazer Homes USA had a negative net margin of 0.37% and a positive return on equity of 0.18%. The business had revenue of $516.31 million during the quarter, compared to the consensus estimate of $510.55 million. During the same quarter in the prior year, the firm earned $0.26 EPS. The business’s revenue was down 5.3% on a year-over-year basis. As a group, analysts anticipate that Beazer Homes USA will post -0.67 EPS for the current fiscal year.

Beazer Homes USA Company Profile

Beazer Homes USA, Inc is a residential construction company that designs, builds, markets and sells single-family homes. Its communities generally offer newly constructed homes in a range of floor plans, sizes and price points, with features and options intended to meet the needs of first-time, move-up and other homebuyers.

The company also acquires and develops residential land and provides related services that support the homebuying process. Through affiliated operations, Beazer may offer mortgage origination and other closing-related services to eligible customers.