Beazer Homes USA (NYSE:BZH) Reaches New 12-Month Low – Time to Sell?

Shares of Beazer Homes USA, Inc. (NYSE:BZH) reached a new 52-week low on Thursday . The company traded as low as $19.13 and last traded at $19.21, with a volume of 173303 shares. The stock had previously closed at $20.87.

Analyst Ratings Changes

Separately, Wedbush restated an “outperform” rating and issued a $45.00 price objective on shares of Beazer Homes USA in a research note 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’s stock. Based on data from MarketBeat.com, Beazer Homes USA has an average rating of “Hold” and an average price target of $39.67.

Beazer Homes USA Stock Down 8.6 %

The stock has a market capitalization of $595.32 million, a P/E ratio of 4.86, a P/E/G ratio of 0.35 and a beta of 2.26. The firm’s fifty day moving average is $23.06 and its 200-day moving average is $28.43. The company has a current ratio of 15.52, a quick ratio of 1.25 and a debt-to-equity ratio of 0.87.

Beazer Homes USA (NYSE:BZH) last announced its earnings results 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 return on equity of 10.12% and a net margin of 5.04%. As a group, equities research analysts predict that Beazer Homes USA, Inc. will post 3.48 earnings per share for the current year.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the company. GHE LLC grew its position in shares of Beazer Homes USA by 7.5% during the 4th quarter. GHE LLC now owns 69,778 shares of the construction company’s stock worth $1,916,000 after buying an additional 4,841 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH bought a new position in shares of Beazer Homes USA during the 4th quarter valued at about $2,077,000. PharVision Advisers LLC acquired a new position in shares of Beazer Homes USA in the fourth quarter valued at approximately $292,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its stake in Beazer Homes USA by 40.9% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 58,285 shares of the construction company’s stock worth $1,601,000 after purchasing an additional 16,923 shares during the period. Finally, Two Sigma Advisers LP raised its position in Beazer Homes USA by 2.3% in the 4th quarter. Two Sigma Advisers LP now owns 263,240 shares of the construction company’s stock valued at $7,229,000 after buying an additional 5,800 shares during the last quarter. 85.65% of the stock is currently owned by institutional investors.

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.