Equities analysts predict that Beazer Homes USA, Inc. (NYSE:BZH) will announce $403.40 million in sales for the current quarter, according to Zacks Investment Research. Two analysts have made estimates for Beazer Homes USA’s earnings. The lowest sales estimate is $394.80 million and the highest is $412.00 million. Beazer Homes USA posted sales of $455.18 million during the same quarter last year, which would indicate a negative year over year growth rate of 11.4%. The firm is scheduled to report its next quarterly earnings report on Wednesday, May 1st.

According to Zacks, analysts expect that Beazer Homes USA will report full year sales of $1.98 billion for the current year, with estimates ranging from $1.96 billion to $2.01 billion. For the next financial year, analysts anticipate that the company will post sales of $2.15 billion. Zacks Investment Research’s sales averages are a mean average based on a survey of sell-side research firms that follow Beazer Homes USA.

Beazer Homes USA (NYSE:BZH) last announced its earnings results on Monday, February 4th. The construction company reported $0.13 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.14 by ($0.01). Beazer Homes USA had a return on equity of 11.07% and a net margin of 4.35%. The firm had revenue of $402.04 million for the quarter, compared to analyst estimates of $412.10 million. During the same quarter last year, the business earned $0.04 EPS. The company’s revenue for the quarter was up 7.9% compared to the same quarter last year.

BZH has been the topic of several recent analyst reports. TheStreet lowered shares of Beazer Homes USA from a “c-” rating to a “d+” rating in a research note on Wednesday, November 28th. Zacks Investment Research raised shares of Beazer Homes USA from a “strong sell” rating to a “hold” rating in a research note on Tuesday, January 15th. Finally, ValuEngine raised shares of Beazer Homes USA from a “strong sell” rating to a “sell” rating in a research note on Wednesday, February 13th. Two equities research analysts have rated the stock with a sell rating, two have assigned a hold rating and one has given a buy rating to the stock. The stock has an average rating of “Hold” and an average price target of $14.50.

Beazer Homes USA stock traded down $0.20 during midday trading on Friday, hitting $11.46. 5,351 shares of the stock were exchanged, compared to its average volume of 371,564. Beazer Homes USA has a 52 week low of $8.16 and a 52 week high of $17.46. The firm has a market capitalization of $374.75 million, a price-to-earnings ratio of 5.80 and a beta of 2.51. The company has a debt-to-equity ratio of 1.98, a current ratio of 18.41 and a quick ratio of 1.17.

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Synovus Financial Corp lifted its position in shares of Beazer Homes USA by 2.4% in the fourth quarter. Synovus Financial Corp now owns 79,233 shares of the construction company’s stock worth $756,000 after purchasing an additional 1,852 shares in the last quarter. Allianz Asset Management GmbH acquired a new position in Beazer Homes USA during the third quarter worth $254,000. Virtu Financial LLC acquired a new position in Beazer Homes USA during the fourth quarter worth $372,000. Teachers Advisors LLC increased its holdings in Beazer Homes USA by 59.4% during the third quarter. Teachers Advisors LLC now owns 93,485 shares of the construction company’s stock worth $982,000 after buying an additional 34,838 shares during the last quarter. Finally, Royce & Associates LP increased its holdings in Beazer Homes USA by 12.0% during the third quarter. Royce & Associates LP now owns 1,106,391 shares of the construction company’s stock worth $11,617,000 after buying an additional 118,914 shares during the last quarter. 86.22% of the stock is currently 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. The company designs, constructs, and sells single-family and multi-family homes for entry-level, move-up, or retirement-oriented home buyers under the Beazer Homes, Gatherings, and Choice Plans names. It sells its homes through commissioned new home sales counselors and independent brokers in Arizona, California, Nevada, Texas, Delaware, Indiana, Maryland, Tennessee, Virginia, Florida, Georgia, North Carolina, and South Carolina.

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Earnings History and Estimates for Beazer Homes USA (NYSE:BZH)

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