Equities analysts forecast that Beazer Homes USA, Inc. (NYSE:BZH – Get Rating) will post $487.95 million in sales for the current fiscal quarter, Zacks Investment Research reports. Two analysts have provided estimates for Beazer Homes USA’s earnings, with estimates ranging from $487.30 million to $488.60 million. Beazer Homes USA posted sales of $549.89 million during the same quarter last year, which would indicate a negative year over year growth rate of 11.3%. The company is expected to report its next quarterly earnings report after the market closes on Monday, January 1st.
According to Zacks, analysts expect that Beazer Homes USA will report full year sales of $2.25 billion for the current year, with estimates ranging from $2.15 billion to $2.35 billion. For the next fiscal year, analysts anticipate that the business will post sales of $2.62 billion. Zacks’ sales calculations are an average based on a survey of research analysts that that provide coverage for Beazer Homes USA.
Beazer Homes USA (NYSE:BZH – Get Rating) last posted its quarterly earnings results on Thursday, January 27th. The construction company reported $1.14 EPS for the quarter, beating the Zacks’ consensus estimate of $0.63 by $0.51. The business had revenue of $454.15 million for the quarter, compared to analysts’ expectations of $451.90 million. Beazer Homes USA had a return on equity of 20.95% and a net margin of 6.69%. The business’s quarterly revenue was up 6.0% on a year-over-year basis. During the same period last year, the firm earned $0.40 earnings per share.
A number of institutional investors and hedge funds have recently made changes to their positions in the business. Signaturefd LLC boosted its stake in shares of Beazer Homes USA by 685.5% during the 4th quarter. Signaturefd LLC now owns 1,139 shares of the construction company’s stock worth $26,000 after acquiring an additional 994 shares in the last quarter. Barrow Hanley Mewhinney & Strauss LLC purchased a new position in Beazer Homes USA in the 4th quarter valued at about $29,000. Captrust Financial Advisors lifted its stake in Beazer Homes USA by 58.3% in the 3rd quarter. Captrust Financial Advisors now owns 1,630 shares of the construction company’s stock valued at $28,000 after buying an additional 600 shares in the last quarter. Koshinski Asset Management Inc. purchased a new position in Beazer Homes USA in the 3rd quarter worth approximately $32,000. Finally, Byrne Asset Management LLC purchased a new position in Beazer Homes USA in the 4th quarter worth approximately $49,000. 78.27% of the stock is currently owned by institutional investors.
Shares of Beazer Homes USA stock traded up $0.03 during trading on Tuesday, reaching $14.75. 281,848 shares of the stock traded hands, compared to its average volume of 396,575. The company has a market capitalization of $464.04 million, a price-to-earnings ratio of 3.11 and a beta of 2.06. The business has a fifty day simple moving average of $16.19 and a two-hundred day simple moving average of $18.71. The company has a debt-to-equity ratio of 1.40, a current ratio of 15.69 and a quick ratio of 1.89. Beazer Homes USA has a 52-week low of $13.78 and a 52-week high of $26.12.
Beazer Homes USA Company Profile (Get Rating)
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 sells its homes through commissioned new home sales counselors and independent brokers in Arizona, California, Nevada, Texas, Delaware, Maryland, Indiana, Tennessee, Virginia, Florida, Georgia, North Carolina, and South Carolina.
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