Beazer Homes USA, Inc. (NYSE:BZH) Director Stephen P. Zelnak, Jr. bought 30,000 shares of the company’s stock in a transaction dated Monday, February 12th. The stock was bought at an average cost of $15.65 per share, for a total transaction of $469,500.00. Following the acquisition, the director now owns 319,364 shares of the company’s stock, valued at approximately $4,998,046.60. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink.
Beazer Homes USA, Inc. (NYSE:BZH) traded up $0.66 during trading hours on Monday, hitting $15.91. The stock had a trading volume of 871,599 shares, compared to its average volume of 715,945. The firm has a market capitalization of $512.68, a price-to-earnings ratio of -5.16 and a beta of 2.54. The company has a debt-to-equity ratio of 2.40, a quick ratio of 2.27 and a current ratio of 18.95. Beazer Homes USA, Inc. has a 1-year low of $11.18 and a 1-year high of $23.24.
Beazer Homes USA (NYSE:BZH) last announced its quarterly earnings data on Tuesday, November 14th. The construction company reported $1.03 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.53 by $0.50. Beazer Homes USA had a positive return on equity of 7.99% and a negative net margin of 5.01%. The firm had revenue of $673.00 million for the quarter, compared to analyst estimates of $645.17 million. During the same quarter in the prior year, the company posted $0.45 earnings per share. Beazer Homes USA’s quarterly revenue was up 6.5% on a year-over-year basis. analysts expect that Beazer Homes USA, Inc. will post 1.75 earnings per share for the current fiscal year.
A number of research firms have recently issued reports on BZH. JMP Securities raised Beazer Homes USA from an “underperform” rating to a “market perform” rating in a report on Monday. TheStreet lowered Beazer Homes USA from a “b-” rating to a “c-” rating in a report on Wednesday, February 7th. ValuEngine raised Beazer Homes USA from a “hold” rating to a “buy” rating in a report on Friday, February 2nd. Zacks Investment Research raised Beazer Homes USA from a “strong sell” rating to a “hold” rating in a report on Monday, November 20th. Finally, Credit Suisse Group reissued a “neutral” rating and issued a $21.00 target price (up previously from $15.00) on shares of Beazer Homes USA in a report on Monday, November 20th. Five analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus target price of $18.50.
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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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