Beazer Homes USA (NYSE:BZH) Releases Earnings Results, Misses Expectations By $0.21 EPS

Beazer Homes USA (NYSE:BZH) posted its quarterly earnings data on Thursday. The construction company reported $0.10 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.31 by ($0.21), Zacks reports. Beazer Homes USA had a net margin of 6.02% and a return on equity of 11.95%.

Beazer Homes USA Trading Up 3.0 %

NYSE:BZH traded up $0.81 during trading hours on Thursday, hitting $27.75. The company had a trading volume of 332,046 shares, compared to its average volume of 264,403. The company has a debt-to-equity ratio of 0.83, a current ratio of 14.29 and a quick ratio of 1.87. Beazer Homes USA has a 52 week low of $25.39 and a 52 week high of $38.22. The company has a market capitalization of $865.89 million, a PE ratio of 6.13, a price-to-earnings-growth ratio of 0.32 and a beta of 2.24. The stock has a 50-day moving average price of $29.69 and a 200 day moving average price of $31.02.

Insider Transactions at Beazer Homes USA

In other Beazer Homes USA news, CFO David I. Goldberg sold 6,057 shares of the stock in a transaction on Tuesday, November 12th. The stock was sold at an average price of $32.06, for a total value of $194,187.42. Following the completion of the transaction, the chief financial officer now owns 131,004 shares in the company, valued at approximately $4,199,988.24. This represents a 4.42 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 6.52% of the company’s stock.

Analyst Ratings Changes

Separately, Wedbush reissued an “outperform” rating and set a $45.00 price target on shares of Beazer Homes USA in a research report on Monday, December 23rd. Two equities research analysts have rated the stock with a sell rating and three have given a buy rating to the company’s stock. According to data from MarketBeat.com, Beazer Homes USA currently has an average 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.