Beazer Homes USA (NYSE:BZH) Now Covered by Analysts at StockNews.com

Equities researchers at StockNews.com assumed coverage on shares of Beazer Homes USA (NYSE:BZH – Get Rating) in a note issued to investors on Thursday. The brokerage set a “hold” rating on the construction company’s stock.

Several other equities analysts also recently commented on BZH. Wedbush reissued a “neutral” rating on shares of Beazer Homes USA in a research note on Friday, February 3rd. B. Riley lifted their target price on shares of Beazer Homes USA from $18.00 to $20.00 and gave the stock a “buy” rating in a research note on Monday, February 6th.

Beazer Homes USA Trading Up 1.0 %

Shares of NYSE:BZH opened at $13.94 on Thursday. The company’s 50-day moving average price is $14.89 and its two-hundred day moving average price is $13.18. The company has a debt-to-equity ratio of 1.02, a current ratio of 18.44 and a quick ratio of 1.79. Beazer Homes USA has a one year low of $9.47 and a one year high of $17.64. The stock has a market capitalization of $437.02 million, a PE ratio of 2.04 and a beta of 2.15.

Beazer Homes USA (NYSE:BZH – Get Rating) last announced its earnings results on Thursday, February 2nd. The construction company reported $0.80 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.78 by $0.02. Beazer Homes USA had a net margin of 9.11% and a return on equity of 23.62%. The firm had revenue of $444.93 million for the quarter, compared to analyst estimates of $456.06 million. During the same quarter in the prior year, the business posted $1.14 EPS. The business’s revenue was down 2.0% compared to the same quarter last year. On average, equities analysts forecast that Beazer Homes USA will post 3.56 EPS for the current fiscal year.

Institutional Trading of Beazer Homes USA

Hedge funds and other institutional investors have recently modified their holdings of the business. Tower Research Capital LLC TRC grew its stake in Beazer Homes USA by 83.4% in the 3rd quarter. Tower Research Capital LLC TRC now owns 3,007 shares of the construction company’s stock worth $29,000 after buying an additional 1,367 shares in the last quarter. Captrust Financial Advisors raised its holdings in Beazer Homes USA by 60.3% during the 2nd quarter. Captrust Financial Advisors now owns 2,618 shares of the construction company’s stock valued at $32,000 after buying an additional 985 shares during the last quarter. New York State Teachers Retirement System bought a new stake in Beazer Homes USA during the 4th quarter valued at $34,000. Wipfli Financial Advisors LLC bought a new position in Beazer Homes USA in the 3rd quarter worth $37,000. Finally, Lazard Asset Management LLC bought a new position in Beazer Homes USA in the 1st quarter worth $40,000. Institutional investors own 78.95% of the company’s stock.

Beazer Homes USA Company Profile

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Beazer Homes USA, Inc engages in the design and sale of single-family and multi-family homes. It operates through the following geographical segments: West, East, and Southeast. The West segment includes Arizona, California, Nevada, and Texas. The East segment consists of Delaware, Indiana, Maryland, Tennessee, and Virginia.