Beazer Homes USA (NYSE:BZH) issued an update on its FY 2022 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of $5.000-$ for the period, compared to the Thomson Reuters consensus estimate of $3.480. The company issued revenue guidance of -.
BZH traded down $0.30 during trading on Thursday, hitting $20.74. 181,076 shares of the company’s stock were exchanged, compared to its average volume of 425,079. The company has a current ratio of 13.58, a quick ratio of 2.32 and a debt-to-equity ratio of 1.45. Beazer Homes USA has a 1 year low of $14.05 and a 1 year high of $26.12. The stock has a 50 day moving average price of $18.64 and a 200 day moving average price of $19.31. The firm has a market cap of $649.04 million, a P/E ratio of 5.19 and a beta of 2.01.
Beazer Homes USA (NYSE:BZH) last released its quarterly earnings data on Wednesday, November 10th. The construction company reported $1.57 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.82 by $0.75. Beazer Homes USA had a net margin of 5.70% and a return on equity of 18.67%. During the same quarter in the prior year, the company earned $0.85 earnings per share. Analysts forecast that Beazer Homes USA will post 5.01 earnings per share for the current fiscal year.
Institutional investors have recently bought and sold shares of the company. Captrust Financial Advisors grew its position in shares of Beazer Homes USA by 58.3% during the 3rd quarter. Captrust Financial Advisors now owns 1,630 shares of the construction company’s stock worth $28,000 after buying an additional 600 shares during the period. Bank of New York Mellon Corp grew its position in shares of Beazer Homes USA by 4.5% in the 3rd quarter. Bank of New York Mellon Corp now owns 178,458 shares of the construction company’s stock valued at $3,078,000 after purchasing an additional 7,700 shares during the period. Finally, Morgan Stanley boosted its position in Beazer Homes USA by 12.9% during the 3rd quarter. Morgan Stanley now owns 272,854 shares of the construction company’s stock worth $4,707,000 after acquiring an additional 31,090 shares during the last quarter. Institutional investors own 75.08% of the company’s stock.
Beazer Homes USA Company Profile
Beazer Homes USA, Inc engages in the design and sale of single-family and multi-family homes. It operates through the following geographical segments: West, East, and Southeast. The West segment includes Arizona, California, Nevada, and Texas. The East segment consists of Delaware, Indiana, Maryland, Tennessee, and Virginia.
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