FBN Securities downgraded shares of Beazer Homes USA (NYSE:BZH) from a sector perform rating to an underperform rating in a report issued on Monday, TheFlyOnTheWall.com reports.
Shares of Beazer Homes USA (NYSE:BZH) opened at 23.85 on Monday. Beazer Homes USA has a 1-year low of $13.91 and a 1-year high of $24.58. The stock’s 50-day moving average is $20.94 and its 200-day moving average is $18.62. The company’s market cap is $595.4 million.
Beazer Homes USA (NYSE:BZH) last posted its quarterly earnings results on Thursday, November 7th. The company reported $0.38 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.25 by $0.13. The company had revenue of $438.33 million for the quarter, compared to the consensus estimate of $397.20 million. During the same quarter in the previous year, the company posted ($2.57) earnings per share. The company’s revenue for the quarter was up 18.2% on a year-over-year basis. Analysts expect that Beazer Homes USA will post $0.59 EPS for the current fiscal year.
BZH has been the subject of a number of other recent research reports. Analysts at Compass Point raised their price target on shares of Beazer Homes USA from $15.50 to $24.00 in a research note to investors on Tuesday, December 17th. They now have a neutral rating on the stock. Separately, analysts at Williams Capital raised their price target on shares of Beazer Homes USA from $15.00 to $18.00 in a research note to investors on Monday, November 11th. They now have a hold rating on the stock. Finally, analysts at Zacks downgraded shares of Beazer Homes USA from an outperform rating to a neutral rating in a research note to investors on Wednesday, October 30th. They now have a $21.10 price target on the stock. Two research analysts have rated the stock with a sell rating, seven have given a hold rating and three have given a buy rating to the company. Beazer Homes USA has a consensus rating of Hold and an average price target of $23.33.
Beazer Homes USA, Inc (NYSE:BZH) diversified homebuilder with active operations in 16 states.
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