Beazer Homes USA, Inc. (NYSE:BZH – Get Free Report) has received an average rating of “Hold” from the four analysts that are covering the company, Marketbeat reports. One analyst has rated the stock with a sell rating, two have assigned a hold rating and one has issued a strong buy rating on the company.
Several equities analysts recently issued reports on the company. Texas Capital lowered Beazer Homes USA from a “strong-buy” rating to a “hold” rating in a research report on Monday, August 10th. Oppenheimer lowered Beazer Homes USA from an “outperform” rating to a “market perform” rating in a research note on Friday, August 7th. Zacks Research raised shares of Beazer Homes USA from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, August 11th. Wall Street Zen lowered shares of Beazer Homes USA from a “sell” rating to a “strong sell” rating in a report on Sunday, May 10th. Finally, Weiss Ratings cut shares of Beazer Homes USA from a “sell (d+)” rating to a “sell (d)” rating in a research report on Tuesday, August 11th.
View Our Latest Analysis on Beazer Homes USA
Beazer Homes USA Stock Performance
Beazer Homes USA (NYSE:BZH – Get Free Report) last released its quarterly earnings data on Friday, August 7th. The construction company reported ($0.16) EPS for the quarter, topping the consensus estimate of ($0.34) by $0.18. Beazer Homes USA had a positive return on equity of 0.18% and a negative net margin of 0.37%.The firm had revenue of $516.31 million for the quarter, compared to the consensus estimate of $510.55 million. During the same quarter in the previous year, the business earned $0.26 earnings per share. The company’s quarterly revenue was down 5.3% on a year-over-year basis. On average, equities analysts forecast that Beazer Homes USA will post -0.33 EPS for the current year.
Hedge Funds Weigh In On Beazer Homes USA
Hedge funds and other institutional investors have recently modified their holdings of the company. Rhumbline Advisers increased its holdings in Beazer Homes USA by 1.4% during the 2nd quarter. Rhumbline Advisers now owns 46,206 shares of the construction company’s stock valued at $1,034,000 after purchasing an additional 642 shares during the period. State of Wyoming lifted its holdings in Beazer Homes USA by 18.5% in the 4th quarter. State of Wyoming now owns 4,523 shares of the construction company’s stock worth $92,000 after buying an additional 706 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in shares of Beazer Homes USA by 4.4% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 17,314 shares of the construction company’s stock worth $353,000 after buying an additional 734 shares during the last quarter. Royal Bank of Canada grew its position in shares of Beazer Homes USA by 93.9% in the 4th quarter. Royal Bank of Canada now owns 1,883 shares of the construction company’s stock worth $38,000 after buying an additional 912 shares during the last quarter. Finally, Deutsche Bank AG increased its stake in shares of Beazer Homes USA by 4.5% during the fourth quarter. Deutsche Bank AG now owns 25,097 shares of the construction company’s stock valued at $509,000 after buying an additional 1,076 shares during the period. 85.65% of the stock is owned by institutional investors.
About Beazer Homes USA
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.
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