Beazer Homes USA, Inc. (NYSE:BZH) Director Stephen P. Zelnak, Jr. acquired 15,000 shares of the business’s stock in a transaction on Friday, February 9th. The shares were purchased at an average price of $15.68 per share, for a total transaction of $235,200.00. Following the transaction, the director now directly owns 319,364 shares of the company’s stock, valued at $5,007,627.52. The acquisition was disclosed in a legal filing with the SEC, which is available at this link.
Shares of Beazer Homes USA, Inc. (NYSE BZH) traded up $0.66 on Monday, hitting $15.91. 871,599 shares of the stock were exchanged, compared to its average volume of 715,945. The stock has a market capitalization of $512.68, a price-to-earnings ratio of -5.16 and a beta of 2.54. Beazer Homes USA, Inc. has a 1 year low of $11.18 and a 1 year high of $23.24. The company has a debt-to-equity ratio of 2.40, a current ratio of 18.95 and a quick ratio of 2.27.
Beazer Homes USA (NYSE:BZH) last issued its earnings results on Tuesday, November 14th. The construction company reported $1.03 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.53 by $0.50. The firm had revenue of $673.00 million during the quarter, compared to analyst estimates of $645.17 million. Beazer Homes USA had a negative net margin of 5.01% and a positive return on equity of 7.99%. The business’s revenue was up 6.5% on a year-over-year basis. During the same period in the previous year, the firm earned $0.45 earnings per share. equities analysts forecast that Beazer Homes USA, Inc. will post 1.75 EPS for the current year.
BZH has been the topic of a number of analyst reports. Zacks Investment Research cut shares of Beazer Homes USA from a “buy” rating to a “hold” rating in a research report on Tuesday, November 14th. Credit Suisse Group reissued a “neutral” rating and set a $21.00 target price (up from $15.00) on shares of Beazer Homes USA in a research note on Monday, November 20th. ValuEngine raised shares of Beazer Homes USA from a “hold” rating to a “buy” rating in a research note on Friday, February 2nd. TheStreet raised shares of Beazer Homes USA from a “c” rating to a “b-” rating in a research note on Tuesday, November 14th. Finally, JMP Securities raised shares of Beazer Homes USA from an “underperform” rating to a “market perform” rating in a research note on Monday. Five analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average target price of $18.50.
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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.
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