Beazer Homes USA (NYSE:BZH) Posts Earnings Results, Beats Expectations By $0.35 EPS

Beazer Homes USA (NYSE:BZH) posted its quarterly earnings data on Wednesday. The construction company reported $1.26 EPS for the quarter, beating the consensus estimate of $0.91 by $0.35, Briefing.com reports. Beazer Homes USA had a return on equity of 14.20% and a net margin of 7.48%. The firm had revenue of $541.50 million during the quarter, compared to the consensus estimate of $569.88 million. During the same period in the prior year, the business earned $1.13 EPS. The firm’s revenue was down .4% compared to the same quarter last year.

Beazer Homes USA Stock Up 2.5 %

BZH traded up $0.68 on Friday, reaching $27.69. The company’s stock had a trading volume of 541,536 shares, compared to its average volume of 336,249. 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 1 year low of $19.67 and a 1 year high of $35.93. The business’s 50 day moving average is $29.79 and its 200 day moving average is $29.47. The stock has a market cap of $873.62 million, a price-to-earnings ratio of 5.35 and a beta of 2.25.

Analyst Ratings Changes

BZH has been the subject of several recent analyst reports. StockNews.com upgraded shares of Beazer Homes USA from a “sell” rating to a “hold” rating in a research note on Friday, March 29th. Wedbush reissued 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 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.