Analysts expect Beazer Homes USA, Inc. (NYSE:BZH) to post earnings per share of $1.04

Wall Street analysts expect Beazer Homes USA, Inc. (NYSE: BZH – Get Rating) to report earnings per share of $1.04 for the current quarter, Zacks reports. Two analysts released earnings estimates for Beazer Homes USA. The highest EPS estimate is $1.06 and the lowest is $1.01. Beazer Homes USA reported earnings of $0.81 per share in the same quarter last year, suggesting a positive year-over-year growth rate of 28.4%. The company is expected to announce its next quarterly earnings report on Thursday, May 5.

On average, analysts expect Beazer Homes USA to report annual earnings of $5.46 per share for the current fiscal year, with EPS estimates ranging from $5.26 to $5.66. For the next fiscal year, analysts expect the company to post earnings of $5.08 per share. Zacks Investment Research EPS averages are an average based on a survey of sell-side research analysts who track Beazer Homes USA.

Beazer Homes USA (NYSE:BZH – Get Rating) last released its quarterly results on Thursday, January 27. The construction company reported EPS of $1.14 for the quarter, beating the Zacks consensus estimate of $0.67 by $0.47. Beazer Homes USA had a net margin of 6.69% and a return on equity of 20.95%. The company posted revenue of $454.15 million for the quarter, compared to $451.90 million expected by analysts. In the same quarter a year earlier, the company posted earnings per share of $0.40. The company’s revenue for the quarter increased 6.0% year over year.

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A number of research companies have recently commented on BZH. Zacks Investment Research moved shares of Beazer Homes USA from a “buy” rating to a “hold” rating in a Wednesday, February 2, report. TheStreet upgraded shares of Beazer Homes USA from a “b-” rating to a “c” rating in a report on Tuesday, February 1. Three analysts have rated the stock with a hold rating and one has issued a buy rating for the company’s stock. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $22.33.

Shares of NYSE:BZH traded down $0.47 during Friday’s trading, hitting $16.21. 269,880 shares of the stock trade in hands, compared to its average volume of 415,168. The stock has a 50-day moving average of $18.23 and a two-hundred-day moving average of $19.12 . Beazer Homes USA has a 52-week minimum of $14.38 and a 52-week maximum of $26.12. The company has a debt ratio of 1.40, a quick ratio of 1.89 and a current ratio of 15.69. The stock has a market capitalization of $509.97 million, a P/E ratio of 3.42 and a beta of 2.08.

Several institutional investors have recently changed their stake in the company. Walleye Capital LLC increased its stake in shares of Beazer Homes USA by 357.7% during the 4th quarter. Walleye Capital LLC now owns 63,537 shares of the construction company worth $1,475,000 after acquiring 49,656 additional shares in the last quarter. Barclays PLC increased its stake in shares of Beazer Homes USA by 33.1% during the 4th quarter. Barclays PLC now owns 100,760 shares in the construction company worth $2,339,000 after acquiring a further 25,074 shares in the last quarter. BlackRock Inc. increased its stake in shares of Beazer Homes USA by 1.8% during the 4th quarter. BlackRock Inc. now owns 2,776,160 shares of the construction company worth $64,462,000 after acquiring 47,922 additional shares in the last quarter. Byrne Asset Management LLC bought a new stock position in Beazer Homes USA during Q4 for $49,000. Finally, WMS Partners LLC increased its position in Beazer Homes USA shares by 50.0% during the 4th quarter. WMS Partners LLC now owns 27,537 shares of the construction company valued at $639,000 after purchasing an additional 9,177 shares during the period. Institutional investors and hedge funds hold 78.27% of the company’s shares.

Beazer Homes USA Company Profile (Get a rating)

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

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