Beazer Homes USA, Inc. (NYSE:BZH) Receives Consensus Rating of “Reduce” from Analysts

Shares of Beazer Homes USA, Inc. (NYSE:BZH) have earned an average recommendation of “Reduce” from the four ratings firms that are presently covering the stock, Marketbeat Ratings reports. One research analyst has rated the stock with a sell rating and three have issued a hold rating on the company.

Several brokerages have recently issued reports on BZH. Oppenheimer lowered shares of Beazer Homes USA from an “outperform” rating to a “market perform” rating in a research note on Friday. Texas Capital downgraded shares of Beazer Homes USA from a “strong-buy” rating to a “hold” rating in a research note on Monday. Wall Street Zen lowered shares of Beazer Homes USA from a “sell” rating to a “strong sell” rating in a report on Sunday, May 10th. Finally, Weiss Ratings raised shares of Beazer Homes USA from a “sell (d)” rating to a “sell (d+)” rating in a report on Friday, July 10th.

Beazer Homes USA Price Performance

Shares of BZH stock opened at $33.16 on Tuesday. The stock has a 50-day moving average price of $29.86 and a 200 day moving average price of $25.30. The company has a quick ratio of 1.32, a current ratio of 15.67 and a debt-to-equity ratio of 1.05. The firm has a market cap of $906.26 million, a price-to-earnings ratio of -110.53 and a beta of 2.17. Beazer Homes USA has a 12 month low of $17.83 and a 12 month high of $34.54.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Bank of New York Mellon Corp bought a new stake in Beazer Homes USA in the second quarter valued at about $2,364,000. California State Teachers Retirement System boosted its holdings in Beazer Homes USA by 32.5% during the first quarter. California State Teachers Retirement System now owns 30,022 shares of the construction company’s stock worth $578,000 after buying an additional 7,359 shares during the last quarter. Empowered Funds LLC grew its position in shares of Beazer Homes USA by 555.9% during the 1st quarter. Empowered Funds LLC now owns 141,377 shares of the construction company’s stock worth $2,720,000 after buying an additional 119,822 shares during the period. Quantinno Capital Management LP grew its position in shares of Beazer Homes USA by 41.6% during the 1st quarter. Quantinno Capital Management LP now owns 39,170 shares of the construction company’s stock worth $754,000 after buying an additional 11,511 shares during the period. Finally, Dimensional Fund Advisors LP increased its stake in shares of Beazer Homes USA by 5.4% in the 1st quarter. Dimensional Fund Advisors LP now owns 999,804 shares of the construction company’s stock valued at $19,236,000 after acquiring an additional 51,284 shares during the last quarter. 85.65% of the stock is currently owned by institutional investors.

Beazer Homes USA Company Profile

Beazer Homes USA, Inc is a national homebuilder specializing in the design, construction and sale of single-family homes. The company serves a diverse range of buyers, offering product lines that span from entry-level homes to move-up and active adult communities. In addition to its core homebuilding operations, Beazer provides mortgage financing, title and closing services through its subsidiaries, aiming to simplify the home-buying process and manage risk across the transaction.

Operating in key growth markets across the United States, Beazer Homes maintains a presence in more than a dozen metropolitan areas, including select markets in the Southeast, Southwest and West.