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.
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.
Get a Free Copy of Zacks Research Report on Beazer Homes USA (BZH)
For more information on Zacks Investment Research’s research offerings, visit Zacks.com
This instant alert was powered by MarketBeat’s narrative science technology and financial data to provide readers with the fastest and most accurate reports. This story was reviewed by MarketBeat’s editorial team prior to publication. Please send questions or comments about this story to [email protected]
Should you invest $1,000 in Beazer Homes USA right now?
Before you consider Beazer Homes USA, you’ll want to hear this.
MarketBeat tracks Wall Street’s top-rated, top-performing research analysts daily and the stocks they recommend to their clients. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the market takes hold…and Beazer Homes USA was not on the list.
While Beazer Homes USA currently has a “Hold” rating among analysts, top-rated analysts believe these five stocks are better buys.
See the 5 actions here