Beazer Homes USA, Inc. (BZH) Given Consensus Rating of “Hold” by Analysts

Beazer Homes USA, Inc. (NYSE:BZH) has been assigned a consensus recommendation of “Hold” from the nine analysts that are currently covering the stock, Marketbeat Ratings reports. One research analyst has rated the stock with a sell rating, four have issued a hold rating and three have assigned a buy rating to the company. The average twelve-month price target among brokers that have updated their coverage on the stock in the last year is $19.00.

A number of research firms have recently issued reports on BZH. ValuEngine raised shares of Beazer Homes USA from a “hold” rating to a “buy” rating in a research report on Friday. TheStreet raised shares of Beazer Homes USA from a “c” rating to a “b-” rating in a research report on Tuesday, November 14th. Zacks Investment Research raised shares of Beazer Homes USA from a “strong sell” rating to a “hold” rating in a research report on Monday, November 20th. Finally, Credit Suisse Group reissued a “neutral” rating and issued a $21.00 price target (up from $15.00) on shares of Beazer Homes USA in a research report on Monday, November 20th.

A number of large investors have recently added to or reduced their stakes in the stock. JPMorgan Chase & Co. increased its holdings in Beazer Homes USA by 141.8% in the third quarter. JPMorgan Chase & Co. now owns 2,474,859 shares of the construction company’s stock worth $45,587,000 after buying an additional 1,451,175 shares during the last quarter. Vanguard Group Inc. grew its holdings in Beazer Homes USA by 5.9% during the second quarter. Vanguard Group Inc. now owns 1,687,887 shares of the construction company’s stock valued at $23,157,000 after purchasing an additional 93,632 shares during the last quarter. Northern Trust Corp grew its holdings in Beazer Homes USA by 3.3% during the second quarter. Northern Trust Corp now owns 835,998 shares of the construction company’s stock valued at $11,470,000 after purchasing an additional 26,737 shares during the last quarter. Acadian Asset Management LLC grew its holdings in Beazer Homes USA by 158.1% during the fourth quarter. Acadian Asset Management LLC now owns 671,470 shares of the construction company’s stock valued at $12,897,000 after purchasing an additional 411,286 shares during the last quarter. Finally, Dimensional Fund Advisors LP grew its holdings in Beazer Homes USA by 55.6% during the third quarter. Dimensional Fund Advisors LP now owns 651,056 shares of the construction company’s stock valued at $12,200,000 after purchasing an additional 232,516 shares during the last quarter. Hedge funds and other institutional investors own 84.96% of the company’s stock.

Shares of Beazer Homes USA (NYSE BZH) opened at $19.10 on Friday. 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 company has a market cap of $622.87 and a PE ratio of 19.49. Beazer Homes USA has a 52 week low of $11.18 and a 52 week high of $23.24.

Beazer Homes USA (NYSE:BZH) last posted its quarterly earnings results on Tuesday, November 14th. The construction company reported $1.03 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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%. The firm’s revenue was up 6.5% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.45 earnings per share. equities research analysts predict that Beazer Homes USA will post 1.4 EPS for the current fiscal year.

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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)

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