JMP Securities upgraded shares of Beazer Homes USA (NYSE:BZH) from an underperform rating to a market perform rating in a research note released on Monday, MarketBeat.com reports.

A number of other research analysts have also recently weighed in on BZH. Zacks Investment Research cut shares of Beazer Homes USA from a buy rating to a hold rating in a research report on Tuesday, November 14th. TheStreet raised shares of Beazer Homes USA from a c rating to a b- rating in a research report on Tuesday, November 14th. Credit Suisse Group reissued a neutral rating and set a $21.00 target price (up from $15.00) on shares of Beazer Homes USA in a research report on Monday, November 20th. Finally, ValuEngine raised shares of Beazer Homes USA from a hold rating to a buy rating in a research report on Friday, February 2nd. Four research analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. The stock has an average rating of Buy and a consensus target price of $18.50.

Beazer Homes USA (NYSE:BZH) opened at $15.91 on Monday. The firm has a market cap of $512.68, a P/E ratio of 9.97 and a beta of 2.54. The company has a debt-to-equity ratio of 2.40, a quick ratio of 2.27 and a current ratio of 18.95. Beazer Homes USA has a 12-month low of $11.18 and a 12-month high of $23.24.

Beazer Homes USA (NYSE:BZH) last announced its quarterly earnings results on Tuesday, November 14th. The construction company reported $1.03 earnings per share for the quarter, beating analysts’ consensus estimates of $0.53 by $0.50. The firm had revenue of $673.00 million for the quarter, compared to analysts’ expectations of $645.17 million. Beazer Homes USA had a negative net margin of 5.01% and a positive return on equity of 7.99%. Beazer Homes USA’s revenue was up 6.5% compared to the same quarter last year. During the same period in the previous year, the company posted $0.45 earnings per share. equities research analysts predict that Beazer Homes USA will post 1.75 EPS for the current year.

In other news, Director Stephen P. Zelnak, Jr. bought 30,000 shares of Beazer Homes USA stock in a transaction dated Monday, February 12th. The shares were acquired at an average cost of $15.65 per share, with a total value of $469,500.00. Following the completion of the transaction, the director now owns 319,364 shares in the company, valued at approximately $4,998,046.60. The purchase was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Stephen P. Zelnak, Jr. bought 15,000 shares of Beazer Homes USA stock in a transaction dated Friday, February 9th. The shares were purchased at an average cost of $15.68 per share, for a total transaction of $235,200.00. Following the completion of the transaction, the director now owns 319,364 shares of the company’s stock, valued at approximately $5,007,627.52. The disclosure for this purchase can be found here. Insiders own 7.30% of the company’s stock.

Hedge funds and other institutional investors have recently bought and sold shares of the company. SG Americas Securities LLC acquired a new position in shares of Beazer Homes USA during the third quarter worth $149,000. Centaurus Financial Inc. acquired a new stake in Beazer Homes USA in the fourth quarter valued at $204,000. Teacher Retirement System of Texas acquired a new stake in Beazer Homes USA in the fourth quarter valued at $210,000. First Quadrant L P CA acquired a new stake in Beazer Homes USA in the third quarter valued at $278,000. Finally, CAPROCK Group Inc. acquired a new stake in Beazer Homes USA in the third quarter valued at $300,000. 84.13% of the stock is currently owned by institutional investors and hedge funds.

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About Beazer Homes USA

Beazer Homes USA, Inc is a geographically diversified homebuilder. As of September 30, 2016, the Company had operations in 13 states within over three geographic regions in the United States. The Company’s segments include West, East and Southeast. The Company markets and sells its products through its Website, www.beazer.com; mobile site, m.beazer.com; real estate listing sites, online advertising, including search engine marketing and display advertising, social media, video, brochures, direct marketing and out-of-home advertising, including billboards and signage, as well as other activities.

Analyst Recommendations for Beazer Homes USA (NYSE:BZH)

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