Beazer Homes USA, Inc. (NYSE:BZH) shares reached a new 52-week low on Wednesday . The company traded as low as $9.21 and last traded at $9.64, with a volume of 37019 shares trading hands. The stock had previously closed at $9.91.

BZH has been the subject of several research analyst reports. Zacks Investment Research upgraded Beazer Homes USA from a “hold” rating to a “strong-buy” rating and set a $15.00 target price for the company in a research note on Wednesday, September 5th. JPMorgan Chase & Co. downgraded Beazer Homes USA from an “overweight” rating to a “neutral” rating and reduced their target price for the stock from $18.00 to $13.00 in a research note on Friday, September 21st. Credit Suisse Group reduced their target price on 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. ValuEngine downgraded Beazer Homes USA from a “sell” rating to a “strong sell” rating in a research note on Wednesday, July 25th. Finally, Wedbush reduced their target price on 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. One research analyst has rated the stock with a sell rating, four have issued a hold rating and one has issued a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus price target of $15.25.

The company has a quick ratio of 1.23, a current ratio of 13.59 and a debt-to-equity ratio of 2.28. The company has a market capitalization of $353.58 million, a P/E ratio of 6.22 and a beta of 2.49.

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

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Essex Investment Management Co. LLC boosted its stake in Beazer Homes USA by 3.6% in the 3rd quarter. Essex Investment Management Co. LLC now owns 161,408 shares of the construction company’s stock valued at $1,695,000 after purchasing an additional 5,538 shares during the period. NJ State Employees Deferred Compensation Plan raised its holdings in Beazer Homes USA by 70.0% in the 3rd quarter. NJ State Employees Deferred Compensation Plan now owns 34,000 shares of the construction company’s stock valued at $357,000 after acquiring an additional 14,000 shares in the last quarter. We Are One Seven LLC acquired a new position in Beazer Homes USA in the 3rd quarter valued at $139,000. United Services Automobile Association raised its holdings in Beazer Homes USA by 83.0% in the 2nd quarter. United Services Automobile Association now owns 243,429 shares of the construction company’s stock valued at $3,591,000 after acquiring an additional 110,442 shares in the last quarter. Finally, Northern Trust Corp raised its holdings in Beazer Homes USA by 1.1% in the 2nd quarter. Northern Trust Corp now owns 839,874 shares of the construction company’s stock valued at $12,388,000 after acquiring an additional 9,447 shares in the last quarter. Institutional investors and hedge funds own 85.87% of the company’s stock.

Beazer Homes USA Company Profile (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.

Recommended Story: What do investors mean by earnings per share?

Receive News & Ratings for Beazer Homes USA Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Beazer Homes USA and related companies with MarketBeat.com's FREE daily email newsletter.