Beazer Homes USA, Inc. (NYSE:BZH - Get Free Report) saw a large decline in short interest during the month of January. As of January 31st, there was short interest totalling 1,470,000 shares, a decline of 13.5% from the January 15th total of 1,700,000 shares. Based on an average trading volume of 384,600 shares, the short-interest ratio is currently 3.8 days. Approximately 5.1% of the company's shares are short sold.
Wall Street Analyst Weigh In
Separately, Wedbush restated an "outperform" rating and set a $45.00 price target on shares of Beazer Homes USA in a research report on Friday, January 31st. Two research analysts have rated the stock with a sell rating and three have given a buy rating to the company's stock. According to MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus price target of $39.67.
Read Our Latest Report on Beazer Homes USA
Institutional Investors Weigh In On Beazer Homes USA
A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Donald Smith & CO. Inc. grew its stake in shares of Beazer Homes USA by 1.5% in the 3rd quarter. Donald Smith & CO. Inc. now owns 3,132,427 shares of the construction company's stock worth $107,035,000 after buying an additional 45,553 shares during the last quarter. Vanguard Group Inc. grew its stake in shares of Beazer Homes USA by 1.2% in the fourth quarter. Vanguard Group Inc. now owns 1,828,558 shares of the construction company's stock worth $50,212,000 after acquiring an additional 22,033 shares during the last quarter. Boston Partners increased its holdings in shares of Beazer Homes USA by 5.1% during the fourth quarter. Boston Partners now owns 1,123,125 shares of the construction company's stock valued at $30,946,000 after acquiring an additional 54,959 shares in the last quarter. Dimensional Fund Advisors LP raised its position in shares of Beazer Homes USA by 0.5% in the 4th quarter. Dimensional Fund Advisors LP now owns 1,075,199 shares of the construction company's stock worth $29,525,000 after purchasing an additional 5,431 shares during the last quarter. Finally, Mill Road Capital Management LLC boosted its stake in Beazer Homes USA by 81.0% in the 4th quarter. Mill Road Capital Management LLC now owns 666,058 shares of the construction company's stock worth $18,290,000 after purchasing an additional 297,989 shares in the last quarter. Hedge funds and other institutional investors own 85.65% of the company's stock.
Beazer Homes USA Stock Up 1.0 %
BZH traded up $0.24 on Thursday, hitting $24.47. The company had a trading volume of 445,353 shares, compared to its average volume of 485,786. The stock has a fifty day simple moving average of $26.59 and a 200-day simple moving average of $30.09. 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 firm has a market capitalization of $763.43 million, a P/E ratio of 6.23, a P/E/G ratio of 0.35 and a beta of 2.22. Beazer Homes USA has a 52-week low of $20.66 and a 52-week high of $38.22.
Beazer Homes USA (NYSE:BZH - Get Free Report) last announced its quarterly earnings data on Thursday, January 30th. The construction company reported $0.10 EPS for the quarter, missing the consensus estimate of $0.31 by ($0.21). Beazer Homes USA had a net margin of 5.04% and a return on equity of 10.12%. As a group, equities analysts expect that Beazer Homes USA will post 3.48 EPS for the current fiscal year.
Beazer Homes USA Company Profile
(
Get Free Report)
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.
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