The stock of Beazer Homes USA, Inc. (NYSE:BZH) is a huge mover today! The stock increased 4.46% or $0.6 on November 23, hitting $13.95. About 851,816 shares traded hands or 3.95% up from the average. Beazer Homes USA, Inc. (NYSE:BZH) has risen 44.11% since April 22, 2016 and is uptrending. It has outperformed by 38.70% the S&P500.
The move comes after 6 months positive chart setup for the $474.12 million company. It was reported on Nov, 24 by Barchart.com. We have $15.07 PT which if reached, will make NYSE:BZH worth $37.93 million more.
Analysts await Beazer Homes USA, Inc. (NYSE:BZH) to report earnings on February, 2.
Beazer Homes USA, Inc. (NYSE:BZH) Ratings Coverage
Out of 3 analysts covering Beazer Homes USA (NYSE:BZH), 1 rate it a “Buy”, 0 “Sell”, while 2 “Hold”. This means 33% are positive. Beazer Homes USA has been the topic of 11 analyst reports since September 11, 2015 according to StockzIntelligence Inc. The firm earned “Buy” rating on Monday, October 19 by Compass Point. The firm has “Outperform” rating given on Tuesday, January 5 by FBN Securities. The stock has “Buy” rating given by UBS on Wednesday, December 2. The rating was maintained by UBS with “Neutral” on Friday, July 29. UBS maintained it with “Buy” rating and $12 target price in Friday, February 5 report. The stock has “Buy” rating given by Compass Point on Tuesday, November 10. The rating was maintained by UBS with “Buy” on Thursday, September 24. FBN Securities downgraded Beazer Homes USA, Inc. (NYSE:BZH) on Monday, October 10 to “Sector Perform” rating.
According to Zacks Investment Research, “Beazer Homes USA, Inc. designs, builds and sells single family homes. The company designs homes to appeal primarily to entry-level and first move-up home buyers. Their objective is to provide customers with homes that incorporate quality and value. The company’s subsidiary, Beazer Mortgage, originates the mortgages for the company’s home buyers.”
Insitutional Activity: The institutional sentiment increased to 1.43 in 2016 Q2. Its up 0.43, from 1 in 2016Q1. The ratio is positive, as 16 funds sold all Beazer Homes USA, Inc. shares owned while 30 reduced positions. 11 funds bought stakes while 35 increased positions. They now own 22.83 million shares or 15.90% less from 27.15 million shares in 2016Q1.
California Employees Retirement Sys reported 73,200 shares or 0% of all its holdings. Thrivent For Lutherans has invested 0% of its portfolio in Beazer Homes USA, Inc. (NYSE:BZH). Schwab Charles Invest Mgmt has invested 0% of its portfolio in Beazer Homes USA, Inc. (NYSE:BZH). Hsbc Holdg Public Ltd Liability last reported 300,121 shares in the company. Voya Investment Management Ltd Limited Liability Company holds 16,844 shares or 0% of its portfolio. Nationwide Fund has 0% invested in the company for 20,729 shares. Credit Suisse Ag accumulated 0% or 350,254 shares. Ontario Teachers Pension Plan Board holds 49,198 shares or 0% of its portfolio. Hutchin Hill Cap Limited Partnership has 124,800 shares for 0.03% of their US portfolio. Parametric Associates Ltd Company holds 0% of its portfolio in Beazer Homes USA, Inc. (NYSE:BZH) for 206,600 shares. Blackrock Limited Liability holds 0% of its portfolio in Beazer Homes USA, Inc. (NYSE:BZH) for 14,196 shares. Synovus Finance holds 0.02% of its portfolio in Beazer Homes USA, Inc. (NYSE:BZH) for 114,759 shares. Next Fincl Grp holds 0% of its portfolio in Beazer Homes USA, Inc. (NYSE:BZH) for 1,000 shares. Blackrock Fund Advisors has 0% invested in the company for 1.62 million shares. Gsa Prtn Llp, a United Kingdom-based fund reported 142,000 shares.
Insider Transactions: Since August 8, 2016, the stock had 6 insider purchases, and 0 insider sales for $968,545 net activity. ZELNAK STEPHEN P JR had bought 13,649 shares worth $143,315. BEAZER BRIAN C bought $11,880 worth of stock or 1,000 shares.
More news for Beazer Homes USA, Inc. (NYSE:BZH) were recently published by: Fool.com, which released: “Beazer Homes USA, Inc. Stock Down 16%: Here’s What’s Happening” on February 05, 2016. Moodys.com‘s article titled: “Moody’s rates Beazer Homes’ proposed $300MM senior notes B3” and published on September 08, 2016 is yet another important article.
BZH Company Profile
Beazer Homes USA, Inc., incorporated on November 24, 1993, is a diversified homebuilder with activities in 16 states within three geographic regions in the United States: West, East and Southeast. The Companyâ€™s homes are designed to appeal to homeowners at various price points across various demographic divisions and are generally offered for sale in advance of their construction.
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.