Beazer Homes USA (NYSE:BZH) Stock Price Down 5.2% - What's Next?

Beazer Homes USA, Inc. (NYSE:BZH - Get Free Report)'s stock price dropped 5.2% on Monday . The stock traded as low as $32.12 and last traded at $32.13. Approximately 86,102 shares changed hands during trading, a decline of 76% from the average daily volume of 362,222 shares. The stock had previously closed at $33.88.

Analyst Ratings Changes

BZH has been the topic of several recent analyst reports. B. Riley lowered their price target on Beazer Homes USA from $38.00 to $37.00 and set a "buy" rating on the stock in a research report on Friday, August 2nd. Zelman & Associates reaffirmed an "underperform" rating on shares of Beazer Homes USA in a research report on Tuesday, September 17th. Wedbush raised Beazer Homes USA from a "neutral" rating to an "outperform" rating and boosted their price target for the stock from $41.00 to $45.00 in a research report on Thursday, September 5th. Finally, StockNews.com lowered Beazer Homes USA from a "hold" rating to a "sell" rating in a research report on Monday, August 5th. Two analysts have rated the stock with a sell rating and three have given a buy rating to the stock. According to data from MarketBeat, Beazer Homes USA currently has a consensus rating of "Hold" and a consensus target price of $39.67.

Beazer Homes USA Price Performance

The company has a current ratio of 12.42, a quick ratio of 0.92 and a debt-to-equity ratio of 0.91. The company has a 50 day moving average price of $31.91 and a 200 day moving average price of $29.81. The company has a market capitalization of $1.01 billion, a P/E ratio of 6.20, a P/E/G ratio of 1.35 and a beta of 2.17.

Beazer Homes USA (NYSE:BZH - Get Free Report) last issued its earnings results on Thursday, August 1st. The construction company reported $0.88 EPS for the quarter, topping the consensus estimate of $0.84 by $0.04. Beazer Homes USA had a return on equity of 12.61% and a net margin of 6.63%. The company had revenue of $595.68 million during the quarter, compared to the consensus estimate of $597.67 million. During the same period in the previous year, the company posted $1.24 EPS. The firm's revenue for the quarter was up 4.0% compared to the same quarter last year. On average, equities analysts predict that Beazer Homes USA, Inc. will post 4.2 EPS for the current fiscal year.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the business. Donald Smith & CO. Inc. boosted its stake in Beazer Homes USA by 4.9% in the 2nd quarter. Donald Smith & CO. Inc. now owns 3,086,874 shares of the construction company's stock valued at $84,827,000 after purchasing an additional 143,663 shares during the period. Boston Partners bought a new stake in Beazer Homes USA in the 1st quarter valued at $15,411,000. First Eagle Investment Management LLC boosted its stake in Beazer Homes USA by 27.8% in the 2nd quarter. First Eagle Investment Management LLC now owns 459,645 shares of the construction company's stock valued at $12,631,000 after purchasing an additional 99,959 shares during the period. Carlson Capital L P boosted its stake in Beazer Homes USA by 63.9% in the 1st quarter. Carlson Capital L P now owns 333,600 shares of the construction company's stock valued at $10,942,000 after purchasing an additional 130,100 shares during the period. Finally, EMG Holdings L.P. boosted its stake in Beazer Homes USA by 12.9% in the 2nd quarter. EMG Holdings L.P. now owns 247,349 shares of the construction company's stock valued at $6,797,000 after purchasing an additional 28,208 shares during the period. 85.65% of the stock is currently owned by institutional investors.

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.