Beazer Homes USA, Inc. (NYSE:BZH) Short Interest Down 9.9% in April

Beazer Homes USA, Inc. (NYSE:BZH) saw a large decrease in short interest during the month of April. As of April 15th, there was short interest totalling 864,600 shares, a decrease of 9.9% from the March 31st total of 959,300 shares. Currently, 3.0% of the company’s stock are short sold. Based on an average daily trading volume, of 329,400 shares, the short-interest ratio is currently 2.6 days.

Beazer Homes USA Stock Down 1.4 %

Shares of BZH stock opened at $28.01 on Wednesday. The stock has a market cap of $883.72 million, a price-to-earnings ratio of 5.55 and a beta of 2.24. The company has a debt-to-equity ratio of 0.87, a quick ratio of 1.32 and a current ratio of 13.95. Beazer Homes USA has a 52-week low of $18.50 and a 52-week high of $35.93. The firm’s 50-day moving average is $29.85 and its 200-day moving average is $29.50.

Beazer Homes USA (NYSE:BZH) last announced its earnings results on Thursday, February 1st. The construction company reported $0.70 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.71 by ($0.01). Beazer Homes USA had a return on equity of 14.09% and a net margin of 7.26%. The business had revenue of $386.80 million for the quarter, compared to analyst estimates of $420.71 million. During the same quarter in the previous year, the company earned $0.80 EPS. The business’s revenue for the quarter was down 13.1% on a year-over-year basis. Sell-side analysts predict that Beazer Homes USA will post 4.66 EPS for the current year.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Principal Financial Group Inc. grew its position in shares of Beazer Homes USA by 84.2% during the 1st quarter. Principal Financial Group Inc. now owns 18,734 shares of the construction company’s stock worth $614,000 after purchasing an additional 8,563 shares in the last quarter. Register Financial Advisors LLC boosted its position in shares of Beazer Homes USA by 18.5% during the 1st quarter. Register Financial Advisors LLC now owns 56,656 shares of the construction company’s stock worth $1,858,000 after acquiring an additional 8,847 shares in the last quarter. Wealthcare Advisory Partners LLC acquired a new stake in shares of Beazer Homes USA during the 1st quarter worth approximately $660,000. DGS Capital Management LLC boosted its position in shares of Beazer Homes USA by 4.1% during the 1st quarter. DGS Capital Management LLC now owns 9,817 shares of the construction company’s stock worth $322,000 after acquiring an additional 386 shares in the last quarter. Finally, Brightline Capital Management LLC acquired a new stake in shares of Beazer Homes USA during the 4th quarter worth approximately $10,137,000. Institutional investors and hedge funds own 85.65% of the company’s stock.

Analyst Ratings Changes

BZH has been the subject of a number of recent research reports. StockNews.com upgraded shares of Beazer Homes USA from a “sell” rating to a “hold” rating in a research note on Friday, March 29th. Wedbush upped their target price on shares of Beazer Homes USA from $32.00 to $33.00 and gave the company a “neutral” rating in a report on Friday, February 2nd.

About Beazer Homes USA

Beazer Homes USA, Inc operates as a homebuilder in the United States. It designs, constructs, and sells single-family and multi-family homes under the Beazer Homes, Gatherings, and Choice Plans names. The company also sells its homes through commissioned new home sales counselors and independent brokers in Arizona, California, Nevada, Texas, Indiana, Delaware, Maryland, Tennessee, Virginia, Florida, Georgia, North Carolina, and South Carolina.