Beazer Homes USA (NYSE:BZH) Reaches New 1-Year Low - Should You Sell?

Beazer Homes USA, Inc. (NYSE:BZH - Get Free Report) shares reached a new 52-week low during mid-day trading on Wednesday . The company traded as low as $17.99 and last traded at $18.26, with a volume of 637807 shares. The stock had previously closed at $19.42.

Analyst Ratings Changes

Separately, Wedbush restated an "outperform" rating and issued a $45.00 target price on shares of Beazer Homes USA in a research report on Friday, January 31st. Two analysts have rated the stock with a sell rating and three have given a buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus target price of $39.67.

Beazer Homes USA Stock Performance

The company has a debt-to-equity ratio of 0.87, a current ratio of 15.52 and a quick ratio of 1.25. The stock has a market cap of $575.38 million, a PE ratio of 4.69, a price-to-earnings-growth ratio of 0.35 and a beta of 2.05. The business has a 50 day moving average price of $21.85 and a two-hundred day moving average price of $27.51.

Beazer Homes USA (NYSE:BZH - Get Free Report) last announced its quarterly earnings results on Thursday, January 30th. The construction company reported $0.10 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.31 by ($0.21). Beazer Homes USA had a return on equity of 10.12% and a net margin of 5.04%. As a group, equities research analysts forecast that Beazer Homes USA, Inc. will post 3.48 EPS for the current fiscal year.

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Hedge Funds Weigh In On Beazer Homes USA

Hedge funds and other institutional investors have recently modified their holdings of the stock. Sterling Capital Management LLC raised its holdings in Beazer Homes USA by 776.2% in the fourth quarter. Sterling Capital Management LLC now owns 920 shares of the construction company's stock worth $25,000 after purchasing an additional 815 shares in the last quarter. Point72 Asia Singapore Pte. Ltd. purchased a new stake in shares of Beazer Homes USA in the 4th quarter worth approximately $34,000. Quarry LP purchased a new position in Beazer Homes USA during the fourth quarter valued at $69,000. KLP Kapitalforvaltning AS purchased a new stake in shares of Beazer Homes USA in the fourth quarter worth $148,000. Finally, Tower Research Capital LLC TRC lifted its stake in shares of Beazer Homes USA by 61.4% in the fourth quarter. Tower Research Capital LLC TRC now owns 6,018 shares of the construction company's stock worth $165,000 after buying an additional 2,290 shares in the last quarter. Hedge funds and other institutional investors own 85.65% of the company's stock.

Beazer Homes USA Company Profile

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.