Q4 2024 EPS Estimates for Beazer Homes USA, Inc. Boosted by Analyst (NYSE:BZH)

Beazer Homes USA, Inc. (NYSE:BZH) – Equities researchers at B. Riley upped their Q4 2024 earnings estimates for Beazer Homes USA in a note issued to investors on Thursday, May 2nd. B. Riley analyst A. Rygiel now anticipates that the construction company will post earnings of $1.74 per share for the quarter, up from their previous forecast of $1.63. The consensus estimate for Beazer Homes USA’s current full-year earnings is $4.66 per share.

Beazer Homes USA (NYSE:BZH) last posted its quarterly earnings results on Wednesday, May 1st. The construction company reported $1.26 EPS for the quarter, topping the consensus estimate of $0.91 by $0.35. The company had revenue of $541.50 million for the quarter, compared to the consensus estimate of $569.88 million. Beazer Homes USA had a net margin of 7.48% and a return on equity of 14.20%. The firm’s revenue was down .4% compared to the same quarter last year. During the same quarter last year, the firm posted $1.13 EPS.

Several other brokerages have also weighed in on BZH. StockNews.com upgraded Beazer Homes USA from a “sell” rating to a “hold” rating in a report on Friday, March 29th. Wedbush restated a “neutral” rating and issued a $33.00 target price on shares of Beazer Homes USA in a research note on Thursday.

Beazer Homes USA Stock Performance

NYSE BZH traded up $1.06 on Friday, hitting $28.07. 130,748 shares of the company’s stock were exchanged, compared to its average volume of 331,348. The firm’s 50-day moving average price is $29.79 and its two-hundred day moving average price is $29.47. The company has a debt-to-equity ratio of 0.87, a current ratio of 13.95 and a quick ratio of 1.32. Beazer Homes USA has a fifty-two week low of $19.67 and a fifty-two week high of $35.93. The firm has a market cap of $885.61 million, a price-to-earnings ratio of 5.42 and a beta of 2.25.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of BZH. USA Financial Formulas lifted its stake in Beazer Homes USA by 4,947.1% during the fourth quarter. USA Financial Formulas now owns 858 shares of the construction company’s stock worth $29,000 after purchasing an additional 841 shares during the last quarter. BluePath Capital Management LLC bought a new stake in shares of Beazer Homes USA during the third quarter valued at approximately $31,000. AJOVista LLC acquired a new stake in shares of Beazer Homes USA during the fourth quarter worth approximately $37,000. Aigen Investment Management LP bought a new stake in shares of Beazer Homes USA during the fourth quarter worth $201,000. Finally, Belpointe Asset Management LLC acquired a new position in shares of Beazer Homes USA during the 4th quarter worth about $207,000. 85.65% of the stock is owned by hedge funds and other 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.