Equities research analysts expect that Beazer Homes USA, Inc. (NYSE:BZH) will announce sales of $472.05 million for the current quarter, according to Zacks Investment Research. Three analysts have made estimates for Beazer Homes USA’s earnings. The lowest sales estimate is $462.60 million and the highest is $477.31 million. Beazer Homes USA reported sales of $511.52 million during the same quarter last year, which indicates a negative year over year growth rate of 7.7%. The company is scheduled to report its next earnings report after the market closes on Thursday, August 1st.

On average, analysts expect that Beazer Homes USA will report full-year sales of $2.01 billion for the current year, with estimates ranging from $1.99 billion to $2.05 billion. For the next year, analysts forecast that the firm will report sales of $2.13 billion, with estimates ranging from $2.08 billion to $2.16 billion. Zacks’ sales calculations are a mean average based on a survey of analysts that cover Beazer Homes USA.

Beazer Homes USA (NYSE:BZH) last issued its quarterly earnings results on Thursday, May 2nd. The construction company reported $0.20 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.05 by $0.15. Beazer Homes USA had a positive return on equity of 10.34% and a negative net margin of 0.93%. The firm had revenue of $421.30 million for the quarter, compared to analyst estimates of $402.98 million. During the same period in the previous year, the company posted $0.36 earnings per share. The company’s quarterly revenue was down 7.4% compared to the same quarter last year.

Several equities analysts recently issued reports on BZH shares. Zacks Investment Research lowered Haynes International from a “hold” rating to a “sell” rating in a research note on Wednesday, May 8th. Wedbush restated a “buy” rating and set a $36.00 price target on shares of Allena Pharmaceuticals in a research note on Tuesday, July 2nd. TheStreet upgraded Secureworks from a “d+” rating to a “c-” rating in a research note on Monday, April 22nd. Finally, ValuEngine lowered Whiting USA Trust II from a “hold” rating to a “sell” rating in a research note on Tuesday, May 7th. One investment analyst has rated the stock with a sell rating, three have given a hold rating and one has issued a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average price target of $14.25.

BZH traded up $0.13 on Monday, hitting $10.67. 232,577 shares of the stock traded hands, compared to its average volume of 455,636. Beazer Homes USA has a 52 week low of $8.16 and a 52 week high of $15.27. The company has a quick ratio of 0.93, a current ratio of 13.97 and a debt-to-equity ratio of 2.46. The company has a market cap of $337.74 million, a price-to-earnings ratio of 5.36 and a beta of 2.58. The business has a fifty day moving average of $9.98.

In related news, insider Allan P. Merrill acquired 5,192 shares of the firm’s stock in a transaction on Wednesday, May 22nd. The shares were bought at an average cost of $9.63 per share, with a total value of $49,998.96. Following the completion of the acquisition, the insider now owns 537,127 shares of the company’s stock, valued at $5,172,533.01. The acquisition was disclosed in a filing with the SEC, which is accessible through the SEC website. Insiders own 7.90% of the company’s stock.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in BZH. Meeder Asset Management Inc. acquired a new stake in Beazer Homes USA during the first quarter valued at approximately $55,000. BNP Paribas Arbitrage SA boosted its holdings in Beazer Homes USA by 152.6% during the first quarter. BNP Paribas Arbitrage SA now owns 6,284 shares of the construction company’s stock valued at $72,000 after purchasing an additional 3,796 shares in the last quarter. Quantamental Technologies LLC boosted its holdings in Beazer Homes USA by 203.0% during the first quarter. Quantamental Technologies LLC now owns 8,210 shares of the construction company’s stock valued at $94,000 after purchasing an additional 5,500 shares in the last quarter. Metropolitan Life Insurance Co. NY boosted its holdings in Beazer Homes USA by 405.4% during the fourth quarter. Metropolitan Life Insurance Co. NY now owns 10,547 shares of the construction company’s stock valued at $100,000 after purchasing an additional 8,460 shares in the last quarter. Finally, B. Riley Financial Inc. acquired a new stake in Beazer Homes USA during the first quarter valued at approximately $139,000. 81.56% of the stock is currently owned by institutional investors.

Beazer Homes USA Company Profile

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, Gatherings, and Choice Plans names. 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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Earnings History and Estimates for Beazer Homes USA (NYSE:BZH)

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