Share on StockTwits

Beazer Homes USA (NYSE:BZH) Director Elizabeth S. Acton purchased 1,000 shares of the company’s stock in a transaction dated Tuesday, August 5th. The stock was purchased at an average price of $16.42 per share, with a total value of $16,420.00. Following the transaction, the director now directly owns 10,560 shares of the company’s stock, valued at approximately $173,395. The purchase was disclosed in a document filed with the SEC, which is available at this link.

Shares of Beazer Homes USA (NYSE:BZH) opened at 16.21 on Friday. Beazer Homes USA has a one year low of $15.27 and a one year high of $25.34. The stock’s 50-day moving average is $18.97 and its 200-day moving average is $20.00. The company’s market cap is $428.3 million.

Beazer Homes USA (NYSE:BZH) last announced its 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. On average, analysts predict that Beazer Homes USA will post $0.22 earnings per share for the current fiscal year.

A number of analysts have recently weighed in on BZH shares. Analysts at Compass Point reiterated a “buy” rating on shares of Beazer Homes USA in a research note on Friday, August 1st. 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, August 1st. 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 research analysts have rated the stock with a sell rating, three have assigned a hold rating and two have issued a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus price target of $20.00.

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.