Beazer Homes USA (NYSE:BZH) Trading Down 5.2% – Should You Sell?

Beazer Homes USA, Inc. (NYSE:BZH) fell 5.2% on Monday . The company traded as low as $32.12 and last traded at $32.13. 86,102 shares changed hands during mid-day trading, a decline of 76% from the average session volume of 362,222 shares. The stock had previously closed at $33.88.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on the company. B. Riley reduced their price target on Beazer Homes USA from $38.00 to $37.00 and set a “buy” rating on the stock in a research report on Friday, August 2nd. Zelman & Associates reissued an “underperform” rating on shares of Beazer Homes USA in a research note on Tuesday, September 17th. StockNews.com downgraded shares of Beazer Homes USA from a “hold” rating to a “sell” rating in a research note on Monday, August 5th. Finally, Wedbush raised shares of Beazer Homes USA from a “neutral” rating to an “outperform” rating and increased their price target for the company from $41.00 to $45.00 in a research report on Thursday, September 5th. Two research analysts have rated the stock with a sell rating and three have given a buy rating to the company’s stock. Based on data from MarketBeat.com, Beazer Homes USA presently has a consensus rating of “Hold” and a consensus price target of $39.67.

Beazer Homes USA Stock Performance

The business has a fifty day moving average of $31.97 and a 200-day moving average of $29.81. The company has a market cap of $980.80 million, a PE ratio of 5.95, a P/E/G ratio of 1.35 and a beta of 2.17. The company has a current ratio of 12.42, a quick ratio of 0.92 and a debt-to-equity ratio of 0.91.

Beazer Homes USA (NYSE:BZH) last posted its earnings results on Thursday, August 1st. The construction company reported $0.88 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.84 by $0.04. Beazer Homes USA had a return on equity of 12.61% and a net margin of 6.63%. The firm had revenue of $595.68 million for the quarter, compared to analysts’ expectations of $597.67 million. During the same period in the previous year, the firm earned $1.24 earnings per share. The business’s revenue was up 4.0% compared to the same quarter last year. Equities research analysts anticipate that Beazer Homes USA, Inc. will post 4.2 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the stock. Foundry Partners LLC increased its position in shares of Beazer Homes USA by 29.4% during the first quarter. Foundry Partners LLC now owns 163,805 shares of the construction company’s stock valued at $5,373,000 after buying an additional 37,200 shares during the period. First Eagle Investment Management LLC boosted its position in Beazer Homes USA by 53.3% during the 1st quarter. First Eagle Investment Management LLC now owns 359,686 shares of the construction company’s stock valued at $11,798,000 after acquiring an additional 125,100 shares in the last quarter. Marshall Wace LLP grew its holdings in shares of Beazer Homes USA by 91.9% during the 2nd quarter. Marshall Wace LLP now owns 57,769 shares of the construction company’s stock worth $1,587,000 after acquiring an additional 27,666 shares during the period. Koss Olinger Consulting LLC bought a new position in shares of Beazer Homes USA in the 2nd quarter worth approximately $447,000. Finally, Boston Partners purchased a new position in shares of Beazer Homes USA in the 1st quarter valued at approximately $15,411,000. 85.65% of the stock is currently owned by institutional investors.

About Beazer Homes USA

Beazer Homes USA, Inc operates as a homebuilder in the United States. It designs, constructs, and sells single-family and multi-family homes under the Beazer Homes, Gatherings, and Choice Plans names. The company also sells its homes through commissioned new home sales counselors and independent brokers in Arizona, California, Nevada, Texas, Indiana, Delaware, Maryland, Tennessee, Virginia, Florida, Georgia, North Carolina, and South Carolina.