Zacks upgraded shares of Beazer Homes USA (NYSE:BZH) from a neutral rating to an outperform rating in a research note issued to investors on Wednesday, Analyst Ratings Network.com reports. The firm currently has $25.30 price target on the stock.
Beazer Homes USA (NYSE:BZH) last released its earnings data on Thursday, November 7th. The company reported $0.38 EPS for the quarter, beating the Thomson Reuters 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.
A number of other firms have also recently commented on BZH. Analysts at FBN Securities downgraded shares of Beazer Homes USA from a sector perform rating to an underperform rating in a research note to investors on Monday, December 30th. Separately, 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. Finally, 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. Two analysts have rated the stock with a sell rating, six have assigned a hold rating and four have given a buy rating to the stock. The company currently has an average rating of Hold and a consensus target price of $23.85.
Beazer Homes USA, Inc (NYSE:BZH) diversified homebuilder with active operations in 16 states.
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