Equities analysts forecast that Beazer Homes USA, Inc. (NYSE:BZH) will post earnings per share of $0.82 for the current fiscal quarter, according to Zacks Investment Research. Two analysts have provided estimates for Beazer Homes USA’s earnings, with the highest EPS estimate coming in at $0.83 and the lowest estimate coming in at $0.81. Beazer Homes USA posted earnings of $0.85 per share in the same quarter last year, which indicates a negative year over year growth rate of 3.5%. The firm is scheduled to issue its next quarterly earnings results after the market closes on Wednesday, November 10th.
According to Zacks, analysts expect that Beazer Homes USA will report full-year earnings of $3.26 per share for the current fiscal year, with EPS estimates ranging from $3.25 to $3.27. For the next year, analysts forecast that the business will report earnings of $3.48 per share, with EPS estimates ranging from $3.39 to $3.57. Zacks Investment Research’s earnings per share averages are an average based on a survey of sell-side analysts that that provide coverage for Beazer Homes USA.
Beazer Homes USA (NYSE:BZH) last posted its quarterly earnings data on Wednesday, July 28th. The construction company reported $1.22 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.90 by $0.32. The firm had revenue of $570.93 million during the quarter, compared to analysts’ expectations of $612.60 million. Beazer Homes USA had a net margin of 4.35% and a return on equity of 16.02%.
Beazer Homes USA stock opened at $17.71 on Monday. The firm has a market cap of $554.22 million, a price-to-earnings ratio of 5.50 and a beta of 2.08. Beazer Homes USA has a 52-week low of $12.07 and a 52-week high of $26.12. The company has a debt-to-equity ratio of 1.65, a quick ratio of 2.68 and a current ratio of 11.76. The business’s 50 day simple moving average is $17.93.
A number of institutional investors have recently added to or reduced their stakes in BZH. Koshinski Asset Management Inc. purchased a new stake in Beazer Homes USA during the third quarter worth approximately $32,000. US Bancorp DE raised its holdings in Beazer Homes USA by 281.4% in the second quarter. US Bancorp DE now owns 2,128 shares of the construction company’s stock valued at $41,000 after acquiring an additional 1,570 shares in the last quarter. Quantbot Technologies LP acquired a new stake in shares of Beazer Homes USA during the first quarter worth $87,000. Metropolitan Life Insurance Co NY raised its holdings in shares of Beazer Homes USA by 58,522.2% during the second quarter. Metropolitan Life Insurance Co NY now owns 5,276 shares of the construction company’s stock worth $102,000 after purchasing an additional 5,267 shares during the period. Finally, SG Americas Securities LLC acquired a new stake in shares of Beazer Homes USA during the first quarter worth $116,000. Hedge funds and other institutional investors own 75.06% of the company’s stock.
About Beazer Homes USA
Beazer Homes USA, Inc engages in the design and sale of single-family and multi-family homes. It operates through the following geographical segments: West, East, and Southeast. The West segment includes Arizona, California, Nevada, and Texas. The East segment consists of Delaware, Indiana, Maryland, Tennessee, and Virginia.
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