Beazer Homes USA, Inc. (NYSE:BZH) has earned a consensus rating of “Hold” from the eight analysts that are covering the firm, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, four have assigned a hold recommendation and three have issued a buy recommendation on the company. The average 12-month target price among brokers that have updated their coverage on the stock in the last year is $16.50.

Several research firms have recently commented on BZH. BidaskClub raised shares of Beazer Homes USA from a “hold” rating to a “buy” rating in a report on Tuesday, August 8th. Wedbush lowered shares of Beazer Homes USA from an “outperform” rating to a “neutral” rating and set a $15.00 price target for the company. in a report on Tuesday, August 8th. Zacks Investment Research raised shares of Beazer Homes USA from a “hold” rating to a “buy” rating and set a $17.00 price target for the company in a report on Thursday, August 3rd. ValuEngine lowered shares of Beazer Homes USA from a “buy” rating to a “hold” rating in a report on Friday, September 1st. Finally, J P Morgan Chase & Co raised shares of Beazer Homes USA from a “neutral” rating to an “overweight” rating and lifted their price target for the company from $14.50 to $21.00 in a report on Thursday, September 14th.

WARNING: This report was first posted by American Banking News and is the property of of American Banking News. If you are reading this report on another website, it was stolen and reposted in violation of United States and international copyright & trademark law. The original version of this report can be viewed at https://www.americanbankingnews.com/2017/10/25/beazer-homes-usa-inc-bzh-receives-consensus-rating-of-hold-from-analysts-2.html.

Beazer Homes USA (BZH) opened at 20.26 on Wednesday. Beazer Homes USA has a 1-year low of $9.67 and a 1-year high of $20.30. The firm’s market cap is $647.73 million. The firm has a 50-day moving average of $18.05 and a 200 day moving average of $14.82.

Beazer Homes USA (NYSE:BZH) last posted its quarterly earnings results on Tuesday, August 1st. The construction company reported $0.23 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.18 by $0.05. Beazer Homes USA had a negative net margin of 0.14% and a positive return on equity of 3.01%. The business had revenue of $478.59 million during the quarter, compared to analyst estimates of $470.98 million. During the same period in the previous year, the business posted $0.18 EPS. The company’s quarterly revenue was up 4.1% on a year-over-year basis. On average, analysts predict that Beazer Homes USA will post $0.79 EPS for the current year.

Large investors have recently modified their holdings of the stock. Brandes Investment Partners LP lifted its position in Beazer Homes USA by 4.0% in the 2nd quarter. Brandes Investment Partners LP now owns 1,364,837 shares of the construction company’s stock valued at $18,726,000 after purchasing an additional 51,962 shares during the last quarter. Royce & Associates LP lifted its position in Beazer Homes USA by 5.8% in the 2nd quarter. Royce & Associates LP now owns 1,484,779 shares of the construction company’s stock valued at $20,371,000 after purchasing an additional 81,700 shares during the last quarter. TIAA CREF Investment Management LLC lifted its position in Beazer Homes USA by 5.9% in the 1st quarter. TIAA CREF Investment Management LLC now owns 391,187 shares of the construction company’s stock valued at $4,745,000 after purchasing an additional 21,786 shares during the last quarter. Chicago Equity Partners LLC bought a new stake in Beazer Homes USA in the 2nd quarter valued at about $1,723,000. Finally, Swiss National Bank lifted its position in Beazer Homes USA by 12.9% in the 2nd quarter. Swiss National Bank now owns 56,100 shares of the construction company’s stock valued at $770,000 after purchasing an additional 6,400 shares during the last quarter. Hedge funds and other institutional investors own 81.32% of the company’s stock.

About Beazer Homes USA

Beazer Homes USA, Inc is a geographically diversified homebuilder. As of September 30, 2016, the Company had operations in 13 states within over three geographic regions in the United States. The Company’s segments include West, East and Southeast. The Company markets and sells its products through its Website, www.beazer.com; mobile site, m.beazer.com; real estate listing sites, online advertising, including search engine marketing and display advertising, social media, video, brochures, direct marketing and out-of-home advertising, including billboards and signage, as well as other activities.

Analyst Recommendations for Beazer Homes USA (NYSE:BZH)

Receive News & Ratings for Beazer Homes USA Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Beazer Homes USA Inc. and related companies with MarketBeat.com's FREE daily email newsletter.