Beazer Homes USA (NYSE:BZH) Issues Quarterly Earnings Results, Misses Expectations By $0.21 EPS

Beazer Homes USA (NYSE:BZH - Get Free Report) announced its earnings results on Thursday. The construction company reported $0.10 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.31 by ($0.21), Zacks reports. Beazer Homes USA had a return on equity of 10.12% and a net margin of 5.04%.

Beazer Homes USA Stock Down 3.5 %

Shares of BZH traded down $0.79 during midday trading on Monday, hitting $21.38. The company had a trading volume of 849,703 shares, compared to its average volume of 382,110. The company's 50-day simple moving average is $29.35 and its 200-day simple moving average is $30.91. The company has a debt-to-equity ratio of 0.87, a quick ratio of 1.25 and a current ratio of 15.52. The firm has a market capitalization of $666.90 million, a P/E ratio of 5.44, a P/E/G ratio of 0.25 and a beta of 2.22. Beazer Homes USA has a 1 year low of $20.66 and a 1 year high of $38.22.

Insider Transactions at Beazer Homes USA

In other Beazer Homes USA news, CFO David I. Goldberg sold 6,057 shares of Beazer Homes USA stock in a transaction that occurred on Tuesday, November 12th. The shares were sold at an average price of $32.06, for a total value of $194,187.42. Following the completion of the sale, the chief financial officer now directly owns 131,004 shares of the company's stock, valued at approximately $4,199,988.24. The trade was a 4.42 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 6.52% of the company's stock.

Wall Street Analysts Forecast Growth

Separately, Wedbush reiterated an "outperform" rating and issued a $45.00 target price on shares of Beazer Homes USA in a report on Friday. Two investment analysts have rated the stock with a sell rating and three have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average price target 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.