Beazer Homes USA, Inc. (NYSE:BZH) Short Interest Update

Beazer Homes USA, Inc. (NYSE:BZH - Get Free Report) saw a significant decline in short interest during the month of December. As of December 15th, there was short interest totalling 1,550,000 shares, a decline of 6.6% from the November 30th total of 1,660,000 shares. Approximately 5.4% of the company's stock are short sold. Based on an average daily trading volume, of 309,800 shares, the short-interest ratio is presently 5.0 days.

Insiders Place Their Bets

In related news, CFO David I. Goldberg sold 6,057 shares of the company's stock in a transaction dated Tuesday, November 12th. The shares were sold at an average price of $32.06, for a total value of $194,187.42. Following the sale, the chief financial officer now owns 131,004 shares of the company's stock, valued at $4,199,988.24. The trade was a 4.42 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Insiders own 6.99% of the company's stock.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of BZH. Franklin Resources Inc. raised its stake in Beazer Homes USA by 4.2% in the third quarter. Franklin Resources Inc. now owns 142,220 shares of the construction company's stock valued at $4,592,000 after buying an additional 5,796 shares during the period. Sanctuary Advisors LLC boosted its position in Beazer Homes USA by 16.5% during the third quarter. Sanctuary Advisors LLC now owns 15,536 shares of the construction company's stock worth $530,000 after purchasing an additional 2,197 shares during the period. Barclays PLC increased its holdings in shares of Beazer Homes USA by 26.3% in the third quarter. Barclays PLC now owns 190,741 shares of the construction company's stock valued at $6,516,000 after purchasing an additional 39,752 shares during the last quarter. Systematic Financial Management LP acquired a new stake in shares of Beazer Homes USA during the 3rd quarter worth about $182,000. Finally, Quadrature Capital Ltd bought a new stake in shares of Beazer Homes USA during the 3rd quarter worth about $262,000. 85.65% of the stock is owned by institutional investors and hedge funds.

Beazer Homes USA Trading Up 0.4 %

Shares of BZH stock traded up $0.12 on Tuesday, hitting $27.46. The stock had a trading volume of 237,274 shares, compared to its average volume of 354,694. The company has a current ratio of 14.29, a quick ratio of 1.87 and a debt-to-equity ratio of 0.83. Beazer Homes USA has a twelve month low of $25.48 and a twelve month high of $38.22. The company has a fifty day moving average price of $31.74 and a two-hundred day moving average price of $31.08. The firm has a market cap of $856.83 million, a P/E ratio of 6.06, a PEG ratio of 0.36 and a beta of 2.19.

Beazer Homes USA (NYSE:BZH - Get Free Report) last released its quarterly earnings results on Wednesday, November 13th. The construction company reported $1.69 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.35 by $0.34. Beazer Homes USA had a return on equity of 11.95% and a net margin of 6.02%. The firm had revenue of $806.20 million for the quarter, compared to the consensus estimate of $775.42 million. During the same quarter last year, the business posted $1.80 EPS. The company's revenue for the quarter was up 24.9% on a year-over-year basis. As a group, analysts forecast that Beazer Homes USA will post 4.44 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several brokerages have weighed in on BZH. Zelman & Associates reaffirmed an "underperform" rating on shares of Beazer Homes USA in a report on Tuesday, September 17th. Wedbush reaffirmed an "outperform" rating and issued a $45.00 target price on shares of Beazer Homes USA in a research note on Monday, December 23rd. Two equities research analysts have rated the stock with a sell rating and three have assigned a buy rating to the stock. According to MarketBeat, the stock presently has an average rating of "Hold" and a consensus target price of $39.67.

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.