Share on StockTwits

Beazer Homes USA (NYSE:BZH) CFO Robert L. Salomon bought 7,000 shares of the company’s stock on the open market in a transaction that occurred on Friday, August 1st. The shares were purchased at an average price of $16.05 per share, for a total transaction of $112,350.00. Following the completion of the transaction, the chief financial officer now directly owns 53,462 shares in the company, valued at approximately $858,065. The transaction was disclosed in a filing with the SEC, which is available at this link.

Beazer Homes USA (NYSE:BZH) traded up 3.87% on Monday, hitting $16.89. The stock had a trading volume of 343,481 shares. Beazer Homes USA has a 1-year low of $15.27 and a 1-year high of $25.34. The stock’s 50-day moving average is $19.29 and its 200-day moving average is $20.19. The company’s market cap is $446.3 million.

Beazer Homes USA (NYSE:BZH) last posted its quarterly earnings results on Thursday, July 31st. The company reported ($0.47) earnings per share for the quarter, missing the analysts’ consensus estimate of $0.22 by $0.69. The company had revenue of $354.67 million for the quarter, compared to the consensus estimate of $360.13 million. During the same quarter last year, the company posted ($0.22) earnings per share. Beazer Homes USA’s revenue was up 12.8% compared to the same quarter last year. Analysts expect that Beazer Homes USA will post $0.15 EPS for the current fiscal year.

Several analysts have recently commented on the stock. Analysts at Compass Point reiterated a “buy” rating on shares of Beazer Homes USA in a research note on Friday. They now have a $25.00 price target on the stock, up previously from $21.50. Separately, analysts at Sterne Agee upgraded shares of Beazer Homes USA from a “neutral” rating to a “buy” rating in a research note on Friday. They now have a $22.00 price target on the stock, down previously from $23.00. Finally, analysts at Sterne Agee downgraded shares of Beazer Homes USA from a “buy” rating to a “neutral” rating in a research note on Wednesday, July 2nd. They now have a $22.00 price target on the stock. Two analysts have rated the stock with a sell rating, three have assigned a hold rating and three have given a buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average target price of $21.06.

Beazer Homes USA, Inc is a diversified homebuilder with operations in 16 states within three geographic regions in the United States: West, East, and Southeast.

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.