Beazer Homes USA, Inc. (NYSE:BZH) announced its quarterly earnings data on Tuesday. The construction company reported $1.03 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.53 by $0.50, RTT News reports. The business had revenue of $673.00 million for 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 6.38%. The company’s revenue was up 6.5% on a year-over-year basis. During the same period in the prior year, the firm posted $0.45 EPS.
Beazer Homes USA (NYSE:BZH) opened at $21.53 on Thursday. Beazer Homes USA 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 2.06, a current ratio of 15.72 and a quick ratio of 1.85. The company has a market cap of $722.53, a P/E ratio of 17.11 and a beta of 2.73.
Several research analysts have recently weighed in on BZH shares. ValuEngine lowered shares of Beazer Homes USA from a “buy” rating to a “hold” rating in a report on Friday, September 1st. J P Morgan Chase & Co upgraded shares of Beazer Homes USA from a “neutral” rating to an “overweight” rating and increased their price objective for the stock from $14.50 to $21.00 in a report on Thursday, September 14th. BidaskClub upgraded shares of Beazer Homes USA from a “hold” rating to a “buy” rating in a report on Tuesday, August 8th. Zacks Investment Research lowered shares of Beazer Homes USA from a “buy” rating to a “hold” rating in a report on Tuesday. Finally, Wedbush lowered shares of Beazer Homes USA from an “outperform” rating to a “neutral” rating and set a $15.00 price objective on the stock. in a report on Tuesday, August 8th. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and two have assigned a buy rating to the stock. Beazer Homes USA has an average rating of “Hold” and an average price target of $16.50.
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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