Short Interest in Beazer Homes USA, Inc. (NYSE:BZH) Grows By 23.8%

Beazer Homes USA, Inc. (NYSE:BZH - Get Free Report) was the target of a large increase in short interest in the month of February. As of February 15th, there was short interest totalling 1,820,000 shares, an increase of 23.8% from the January 31st total of 1,470,000 shares. Based on an average daily trading volume, of 404,900 shares, the short-interest ratio is presently 4.5 days. Approximately 6.4% of the shares of the company are short sold.

Hedge Funds Weigh In On Beazer Homes USA

Hedge funds have recently made changes to their positions in the business. Sterling Capital Management LLC raised its stake in shares of Beazer Homes USA by 776.2% in the 4th quarter. Sterling Capital Management LLC now owns 920 shares of the construction company's stock valued at $25,000 after buying an additional 815 shares in the last quarter. Point72 Asia Singapore Pte. Ltd. acquired a new position in shares of Beazer Homes USA in the 4th quarter valued at $34,000. Quarry LP acquired a new position in shares of Beazer Homes USA in the 4th quarter valued at $69,000. Point72 Asset Management L.P. acquired a new position in shares of Beazer Homes USA in the 3rd quarter valued at $125,000. Finally, KLP Kapitalforvaltning AS acquired a new position in shares of Beazer Homes USA in the 4th quarter valued at $148,000. Institutional investors and hedge funds own 85.65% of the company's stock.

Beazer Homes USA Stock Performance

Beazer Homes USA stock traded down $0.01 during mid-day trading on Friday, reaching $23.20. The company had a trading volume of 449,727 shares, compared to its average volume of 487,353. The company has a quick ratio of 1.25, a current ratio of 15.52 and a debt-to-equity ratio of 0.87. Beazer Homes USA has a 52 week low of $20.66 and a 52 week high of $38.22. The company has a 50 day moving average of $25.12 and a 200-day moving average of $29.66. The firm has a market cap of $723.75 million, a price-to-earnings ratio of 5.90, a PEG ratio of 0.35 and a beta of 2.26.

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

Analysts Set New Price Targets

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

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.