Zacks Investment Research upgraded shares of Beazer Homes USA (NYSE:BZH) from a sell rating to a hold rating in a research note released on Tuesday morning, Zacks.com reports.

According to Zacks, “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. “

Separately, ValuEngine raised shares of Beazer Homes USA from a strong sell rating to a sell rating in a research note on Wednesday, February 13th. One research analyst has rated the stock with a sell rating, three have issued a hold rating and one has assigned a buy rating to the company. The company has a consensus rating of Hold and an average target price of $14.50.

NYSE:BZH opened at $12.10 on Tuesday. The company has a current ratio of 18.41, a quick ratio of 1.17 and a debt-to-equity ratio of 1.98. The stock has a market capitalization of $394.64 million, a PE ratio of 6.08 and a beta of 2.50. Beazer Homes USA has a twelve month low of $8.16 and a twelve month high of $17.23.

Beazer Homes USA (NYSE:BZH) last posted its quarterly earnings results on Monday, February 4th. The construction company reported $0.13 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.14 by ($0.01). The business had revenue of $402.04 million during the quarter, compared to analysts’ expectations of $412.10 million. Beazer Homes USA had a return on equity of 11.07% and a net margin of 4.35%. The business’s quarterly revenue was up 7.9% on a year-over-year basis. During the same period in the prior year, the business posted $0.04 earnings per share. On average, research analysts anticipate that Beazer Homes USA will post 1.24 earnings per share for the current year.

Institutional investors have recently added to or reduced their stakes in the company. Credit Suisse AG grew its holdings in shares of Beazer Homes USA by 251.1% in the third quarter. Credit Suisse AG now owns 365,855 shares of the construction company’s stock valued at $3,842,000 after purchasing an additional 261,639 shares in the last quarter. Panagora Asset Management Inc. grew its holdings in shares of Beazer Homes USA by 51.1% in the third quarter. Panagora Asset Management Inc. now owns 173,922 shares of the construction company’s stock valued at $1,826,000 after purchasing an additional 58,799 shares in the last quarter. United Services Automobile Association grew its holdings in shares of Beazer Homes USA by 3.6% in the third quarter. United Services Automobile Association now owns 252,082 shares of the construction company’s stock valued at $2,647,000 after purchasing an additional 8,653 shares in the last quarter. Allianz Asset Management GmbH acquired a new position in shares of Beazer Homes USA in the third quarter valued at approximately $254,000. Finally, Jefferies Group LLC acquired a new position in shares of Beazer Homes USA in the third quarter valued at approximately $563,000. 86.22% of the stock is currently owned by institutional investors and hedge funds.

About Beazer Homes USA

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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