Beazer Homes USA, Inc. (NYSE:BZH)’s share price reached a new 52-week low during trading on Thursday . The company traded as low as $9.75 and last traded at $9.84, with a volume of 24606 shares. The stock had previously closed at $10.09.

BZH has been the subject of a number of recent research reports. ValuEngine downgraded shares of Beazer Homes USA from a “hold” rating to a “sell” rating in a research note on Monday, July 2nd. Zacks Investment Research downgraded shares of Beazer Homes USA from a “buy” rating to a “hold” rating in a research note on Wednesday, July 4th. JPMorgan Chase & Co. downgraded shares of Beazer Homes USA from an “overweight” rating to a “neutral” rating and reduced their price objective for the stock from $18.00 to $13.00 in a research note on Friday, September 21st. Wedbush reduced their price objective on shares of Beazer Homes USA from $22.00 to $20.00 and set a “buy” rating for the company in a research note on Wednesday, September 26th. Finally, Credit Suisse Group reduced their price objective on shares of Beazer Homes USA from $16.00 to $13.00 and set a “hold” rating for the company in a research note on Wednesday, September 26th. One research analyst has rated the stock with a sell rating, four have given a hold rating and one has given a buy rating to the stock. The company presently has a consensus rating of “Hold” and an average target price of $15.25.

The company has a debt-to-equity ratio of 2.28, a quick ratio of 1.23 and a current ratio of 13.59. The company has a market capitalization of $353.58 million, a P/E ratio of 6.40 and a beta of 2.49.

Beazer Homes USA (NYSE:BZH) last posted its quarterly earnings data on Thursday, July 26th. The construction company reported $0.41 EPS for the quarter, topping the Zacks’ consensus estimate of $0.39 by $0.02. Beazer Homes USA had a negative net margin of 3.59% and a positive return on equity of 10.99%. The company had revenue of $511.52 million during the quarter, compared to the consensus estimate of $512.33 million. During the same period in the prior year, the business posted $0.22 EPS. The company’s quarterly revenue was up 6.9% on a year-over-year basis. On average, equities research analysts forecast that Beazer Homes USA, Inc. will post 1.75 EPS for the current year.

Large investors have recently modified their holdings of the stock. Bailard Inc. lifted its stake in Beazer Homes USA by 28.2% in the 2nd quarter. Bailard Inc. now owns 42,700 shares of the construction company’s stock valued at $630,000 after purchasing an additional 9,400 shares during the last quarter. LSV Asset Management lifted its stake in Beazer Homes USA by 3.0% in the 2nd quarter. LSV Asset Management now owns 1,640,204 shares of the construction company’s stock valued at $24,193,000 after purchasing an additional 47,100 shares during the last quarter. IndexIQ Advisors LLC lifted its stake in Beazer Homes USA by 9.0% in the 2nd quarter. IndexIQ Advisors LLC now owns 137,142 shares of the construction company’s stock valued at $2,023,000 after purchasing an additional 11,380 shares during the last quarter. Royal Bank of Canada lifted its stake in Beazer Homes USA by 10.5% in the 1st quarter. Royal Bank of Canada now owns 307,482 shares of the construction company’s stock valued at $4,904,000 after purchasing an additional 29,198 shares during the last quarter. Finally, Donald Smith & CO. Inc. lifted its stake in Beazer Homes USA by 19.0% in the 2nd quarter. Donald Smith & CO. Inc. now owns 2,139,068 shares of the construction company’s stock valued at $31,551,000 after purchasing an additional 342,001 shares during the last quarter. Institutional investors and hedge funds own 85.87% of the company’s stock.

About Beazer Homes USA (NYSE:BZH)

Beazer Homes USA, Inc operates as a homebuilder in the United States. The company designs, constructs, and sells single-family and multi-family homes for entry-level, move-up, or retirement-oriented home buyers under the Beazer Homes brand name. It sells its homes through commissioned new home sales counselors and independent brokers in Arizona, California, Nevada, Texas, Delaware, Indiana, Maryland, Tennessee, Virginia, Florida, Georgia, North Carolina, and South Carolina.

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