Beazer Homes USA, Inc. (NYSE:BZH) – Equities researchers at Wedbush issued their Q2 2018 earnings per share (EPS) estimates for shares of Beazer Homes USA in a research report issued on Wednesday. Wedbush analyst J. Mccanless expects that the construction company will post earnings of $0.16 per share for the quarter. Wedbush has a “Outperform” rating and a $22.00 price target on the stock. Wedbush also issued estimates for Beazer Homes USA’s Q3 2018 earnings at $0.36 EPS, Q1 2019 earnings at $0.12 EPS, Q2 2019 earnings at $0.20 EPS, Q3 2019 earnings at $0.40 EPS and Q4 2019 earnings at $1.03 EPS.

Other equities analysts have also issued reports about the company. TheStreet lowered Beazer Homes USA from a “b-” rating to a “c-” rating in a research note on Wednesday, February 7th. Zacks Investment Research raised Beazer Homes USA from a “hold” rating to a “buy” rating and set a $17.00 price target for the company in a research note on Monday. ValuEngine raised Beazer Homes USA from a “hold” rating to a “buy” rating in a research note on Friday, February 2nd. Credit Suisse Group reaffirmed a “neutral” rating and issued a $21.00 price objective (up from $15.00) on shares of Beazer Homes USA in a research note on Monday, November 20th. Finally, JMP Securities raised Beazer Homes USA from an “underperform” rating to a “market perform” rating in a research note on Monday. Three equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. The stock currently has an average rating of “Buy” and a consensus target price of $20.25.

Beazer Homes USA (NYSE:BZH) opened at $16.35 on Monday. Beazer Homes USA has a one year low of $11.18 and a one year high of $23.24. The company has a market capitalization of $512.68, a P/E ratio of -5.20 and a beta of 2.54. The company has a debt-to-equity ratio of 2.40, a quick ratio of 2.27 and a current ratio of 18.95.

Beazer Homes USA (NYSE:BZH) last announced its quarterly earnings results on Tuesday, November 14th. The construction company reported $1.03 EPS for the quarter, beating analysts’ consensus estimates of $0.53 by $0.50. Beazer Homes USA had a positive return on equity of 7.99% and a negative net margin of 5.01%. The company had revenue of $673.00 million during the quarter, compared to analyst estimates of $645.17 million. During the same period in the prior year, the company earned $0.45 earnings per share. The firm’s revenue was up 6.5% on a year-over-year basis.

Several large investors have recently bought and sold shares of the company. The Manufacturers Life Insurance Company lifted its stake in shares of Beazer Homes USA by 1.2% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 25,938 shares of the construction company’s stock valued at $355,000 after purchasing an additional 318 shares during the last quarter. Schwab Charles Investment Management Inc. lifted its stake in shares of Beazer Homes USA by 0.5% during the 2nd quarter. Schwab Charles Investment Management Inc. now owns 115,143 shares of the construction company’s stock worth $1,580,000 after acquiring an additional 627 shares during the last quarter. TIAA CREF Investment Management LLC lifted its stake in shares of Beazer Homes USA by 0.4% during the 2nd quarter. TIAA CREF Investment Management LLC now owns 392,908 shares of the construction company’s stock worth $5,391,000 after acquiring an additional 1,721 shares during the last quarter. Voya Investment Management LLC lifted its stake in shares of Beazer Homes USA by 13.0% during the 2nd quarter. Voya Investment Management LLC now owns 17,040 shares of the construction company’s stock worth $234,000 after acquiring an additional 1,963 shares during the last quarter. Finally, Bank of New York Mellon Corp lifted its stake in shares of Beazer Homes USA by 1.9% during the 2nd quarter. Bank of New York Mellon Corp now owns 155,200 shares of the construction company’s stock worth $2,129,000 after acquiring an additional 2,905 shares during the last quarter. 84.13% of the stock is owned by institutional investors and hedge funds.

In related news, Director Stephen P. Zelnak, Jr. acquired 15,000 shares of the stock in a transaction dated Friday, February 9th. The stock was acquired at an average cost of $15.68 per share, with a total value of $235,200.00. Following the purchase, the director now directly owns 319,364 shares of the company’s stock, valued at $5,007,627.52. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Stephen P. Zelnak, Jr. acquired 30,000 shares of the stock in a transaction dated Monday, February 12th. The stock was bought at an average cost of $15.65 per share, with a total value of $469,500.00. Following the completion of the purchase, the director now directly owns 319,364 shares in the company, valued at $4,998,046.60. The disclosure for this purchase can be found here. 7.30% of the stock is owned by company insiders.

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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.

Earnings History and Estimates for Beazer Homes USA (NYSE:BZH)

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