Beazer Properties USA, Inc. (NYSE:BZH – Get Rating) was the goal of a major improve briefly curiosity throughout the month of June. As of June fifteenth, there was brief curiosity totalling 1,280,000 shares, a rise of 25.5% from the Might thirty first whole of 1,020,000 shares. Based mostly on a median buying and selling quantity of 432,600 shares, the days-to-cover ratio is presently 3.0 days. At present, 4.4% of the corporate’s inventory are bought brief.
Beazer Homes USA stock traded up $0.53 throughout noon buying and selling on Monday, hitting $12.60. The inventory had a buying and selling quantity of 18,934 shares, in comparison with its common quantity of 415,810. The corporate has a present ratio of 12.96, a fast ratio of 1.57 and a debt-to-equity ratio of 1.31. The inventory has a market cap of $396.37 million, a P/E ratio of two.34 and a beta of 1.98. Beazer Properties USA has a 12 month low of $10.09 and a 12 month excessive of $23.97. The enterprise has a fifty day shifting common value of $14.40 and a 200 day shifting common value of $16.66.
Beazer Properties USA (NYSE:BZH – Get Rating) final introduced its quarterly earnings knowledge on Thursday, April twenty eighth. The development firm reported $1.45 earnings per share for the quarter, beating the consensus estimate of $1.06 by $0.39. The agency had income of $508.50 million throughout the quarter, in comparison with analyst estimates of $489.00 million. Beazer Properties USA had a return on fairness of twenty-two.47% and a web margin of seven.77%. Beazer Properties USA’s quarterly income was down 7.5% on a year-over-year foundation. Throughout the identical interval within the earlier 12 months, the corporate earned $0.81 earnings per share. On common, equities analysts anticipate that Beazer Properties USA will put up 6.03 EPS for the present fiscal 12 months.
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Beazer Properties USA introduced that its Board of Administrators has licensed a inventory buyback plan on Wednesday, Might eleventh that allows the corporate to repurchase $50.00 million in shares. This repurchase authorization permits the development firm to repurchase as much as 10% of its shares via open market purchases. Shares repurchase plans are normally a sign that the corporate’s management believes its shares are undervalued.
Various brokerages have not too long ago issued reviews on BZH. StockNews.com started protection on Beazer Properties USA in a analysis report on Thursday, March thirty first. They set a “maintain” score on the inventory. B. Riley dropped their goal value on Beazer Properties USA from $23.00 to $19.00 and set a “purchase” score on the inventory in a analysis report on Thursday, June sixteenth. Three analysts have rated the inventory with a maintain score and two have given a purchase score to the inventory. Based mostly on knowledge from MarketBeat, the corporate presently has a median score of “Maintain” and a consensus goal value of $22.00.
Various institutional buyers have not too long ago made modifications to their positions within the inventory. Signaturefd LLC boosted its stake in Beazer Properties USA by 685.5% within the fourth quarter. Signaturefd LLC now owns 1,139 shares of the development firm’s inventory valued at $26,000 after buying an extra 994 shares throughout the interval. Barrow Hanley Mewhinney & Strauss LLC acquired a brand new place in Beazer Properties USA within the fourth quarter valued at roughly $29,000. Byrne Asset Administration LLC acquired a brand new place in Beazer Properties USA within the fourth quarter valued at roughly $49,000. Dorsey Wright & Associates acquired a brand new place in Beazer Properties USA within the first quarter valued at roughly $36,000. Lastly, Lazard Asset Administration LLC acquired a brand new place in Beazer Properties USA within the first quarter valued at roughly $40,000. 76.71% of the inventory is owned by hedge funds and different institutional buyers.
About Beazer Properties USA (Get Rating)
Beazer Properties USA, Inc operates as a homebuilder in america. It designs, constructs, and sells single-family and multi-family properties beneath the Beazer Properties, Gatherings, and Alternative Plans names. The corporate sells its properties via commissioned new dwelling gross sales counselors and impartial brokers in Arizona, California, Nevada, Texas, Delaware, Maryland, Indiana, Tennessee, Virginia, Florida, Georgia, North Carolina, and South Carolina.
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