Brokerages predict that Beazer Homes USA, Inc. (NYSE:BZH) will post sales of $357.45 million for the current quarter, according to Zacks. Two analysts have made estimates for Beazer Homes USA’s earnings, with estimates ranging from $355.20 million to $359.70 million. Beazer Homes USA posted sales of $339.24 million during the same quarter last year, which would indicate a positive year over year growth rate of 5.4%. The company is expected to report its next earnings report on Thursday, February 8th.

On average, analysts expect that Beazer Homes USA will report full year sales of $357.45 million for the current financial year, with estimates ranging from $2.02 billion to $2.09 billion. For the next financial year, analysts expect that the business will report sales of $2.23 billion per share, with estimates ranging from $2.17 billion to $2.30 billion. Zacks’ sales averages are an average based on a survey of sell-side analysts that cover Beazer Homes USA.

Beazer Homes USA (NYSE:BZH) last released its quarterly earnings data on Tuesday, November 14th. The construction company reported $1.03 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.53 by $0.50. The business had revenue of $673.00 million during the quarter, compared to analyst estimates of $645.17 million. Beazer Homes USA had a net margin of 1.66% and a return on equity of 6.29%. Beazer Homes USA’s quarterly revenue was up 6.5% compared to the same quarter last year. During the same quarter last year, the business earned $0.45 earnings per share.

A number of research analysts have commented on BZH shares. TheStreet raised shares of Beazer Homes USA from a “c” rating to a “b-” rating in a research report on Tuesday, November 14th. ValuEngine downgraded Beazer Homes USA from a “buy” rating to a “hold” rating in a report on Friday, September 1st. Zacks Investment Research downgraded Beazer Homes USA from a “buy” rating to a “hold” rating in a report on Tuesday, November 14th. Credit Suisse Group reiterated a “neutral” rating and issued a $21.00 price target (up from $15.00) on shares of Beazer Homes USA in a report on Monday, November 20th. Finally, JPMorgan Chase & Co. upgraded Beazer Homes USA from a “neutral” rating to an “overweight” rating and boosted their price target for the company from $14.50 to $21.00 in a report on Thursday, September 14th. One analyst has rated the stock with a sell rating, five have issued a hold rating and two have given a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus target price of $18.50.

Several hedge funds and other institutional investors have recently modified their holdings of the company. SG Americas Securities LLC bought a new position in shares of Beazer Homes USA during the 3rd quarter worth about $149,000. Bayesian Capital Management LP bought a new stake in shares of Beazer Homes USA in the 2nd quarter valued at about $190,000. Neuberger Berman Group LLC boosted its holdings in shares of Beazer Homes USA by 0.8% in the 2nd quarter. Neuberger Berman Group LLC now owns 14,655 shares of the construction company’s stock valued at $201,000 after buying an additional 118 shares in the last quarter. Schroder Investment Management Group bought a new stake in shares of Beazer Homes USA in the 2nd quarter valued at about $215,000. Finally, Voya Investment Management LLC boosted its holdings in shares of Beazer Homes USA by 13.0% in the 2nd quarter. Voya Investment Management LLC now owns 17,040 shares of the construction company’s stock valued at $234,000 after buying an additional 1,963 shares in the last quarter. Institutional investors and hedge funds own 83.48% of the company’s stock.

Shares of Beazer Homes USA (NYSE BZH) traded down $0.59 during mid-day trading on Monday, hitting $18.94. 315,400 shares of the stock traded hands, compared to its average volume of 538,645. The company has a debt-to-equity ratio of 1.95, a quick ratio of 3.30 and a current ratio of 18.20. The firm has a market cap of $634.73, a PE ratio of 20.15 and a beta of 2.69. Beazer Homes USA has a 1 year low of $11.18 and a 1 year high of $23.24.

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Beazer Homes USA Company Profile

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.

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Earnings History and Estimates for Beazer Homes USA (NYSE:BZH)

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