Beazer Homes USA, Inc. (NYSE:BZH) was downgraded by equities research analysts at ValuEngine from a “buy” rating to a “hold” rating in a research report issued on Friday.

Several other research analysts also recently commented on the stock. BidaskClub upgraded shares of Beazer Homes USA from a “hold” rating to a “buy” rating in a research report on Tuesday, August 8th. Wedbush downgraded shares of Beazer Homes USA from an “outperform” rating to a “neutral” rating and set a $15.00 price objective for the company. in a research report on Tuesday, August 8th. Zacks Investment Research upgraded shares of Beazer Homes USA from a “hold” rating to a “buy” rating and set a $17.00 price objective for the company in a research report on Thursday, August 3rd. Credit Suisse Group began coverage on shares of Beazer Homes USA in a research report on Thursday, June 22nd. They set a “neutral” rating and a $13.00 price objective for the company. Finally, JMP Securities restated an “underperform” rating on shares of Beazer Homes USA in a research report on Monday, May 29th. One analyst has rated the stock with a sell rating, five have given a hold rating and two have issued a buy rating to the stock. The company presently has an average rating of “Hold” and an average target price of $14.13.

Shares of Beazer Homes USA (BZH) opened at 15.08 on Friday. The company’s 50-day moving average price is $14.76 and its 200-day moving average price is $13.27. The company’s market capitalization is $482.12 million. Beazer Homes USA has a 52-week low of $9.67 and a 52-week high of $16.47.

Beazer Homes USA (NYSE:BZH) last announced its quarterly earnings data on Tuesday, August 1st. The construction company reported $0.23 EPS for the quarter, beating the consensus estimate of $0.18 by $0.05. Beazer Homes USA had a negative net margin of 0.14% and a positive return on equity of 3.01%. The business had revenue of $478.59 million during the quarter, compared to the consensus estimate of $470.98 million. During the same period in the previous year, the business earned $0.18 earnings per share. The company’s revenue was up 4.1% on a year-over-year basis. Equities research analysts forecast that Beazer Homes USA will post $0.86 EPS for the current fiscal year.

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Several hedge funds and other institutional investors have recently made changes to their positions in the company. SG Americas Securities LLC bought a new position in shares of Beazer Homes USA during the first quarter valued at about $114,000. Nordea Investment Management AB increased its position in shares of Beazer Homes USA by 12.4% in the first quarter. Nordea Investment Management AB now owns 10,886 shares of the construction company’s stock valued at $132,000 after buying an additional 1,200 shares during the period. Teza Capital Management LLC bought a new position in shares of Beazer Homes USA during the first quarter valued at about $167,000. Bayesian Capital Management LP bought a new position in shares of Beazer Homes USA during the second quarter valued at about $190,000. Finally, Neuberger Berman Group LLC increased its position in shares of Beazer Homes USA by 0.8% in the second quarter. Neuberger Berman Group LLC now owns 14,655 shares of the construction company’s stock valued at $201,000 after buying an additional 118 shares during the period. Institutional investors own 80.75% of the company’s stock.

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.

Analyst Recommendations for Beazer Homes USA (NYSE:BZH)

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