Beazer Homes USA, Inc. (NYSE:BZH) has a beta value of 2.3 and has seen 353,569 shares traded in the last trading session. The company, currently valued at $436.04 Million, closed the last trade at $14.06 per share which meant it gained $0.11 on the day or 0.79% during that session. The BZH stock price is -22.55% off its 52-week high price of $17.23 and 68.78% above the 52-week low of $4.39. If we look at the company’s 10-day average daily trading volume, we find that it stood at 554.31 Million shares traded. The 3-month trading volume is 462.33 Million shares.
The consensus among analysts is that Beazer Homes USA, Inc. (BZH) is a Hold stock at the moment, with a recommendation rating of 3. None of the analysts rate the stock as a Sell, while none rate it as Overweight. 1 out of 1 have rated it as a Hold, with no one of them advising it as a Buy. None have rated the stock as Underweight. The expected earnings per share for the stock is $0.03.
Beazer Homes USA, Inc. (NYSE:BZH) trade information
Sporting 0.79% in the green today, the stock has traded in the green over the last five days, with the highest price hit on Monday, Nov 16 when the BZH stock price touched $14.64- or saw a rise of 3.96%. Year-to-date, Beazer Homes USA, Inc. shares have moved -0.5%, while the 5-day performance has seen it change -1.33%. Over the past 30 days, the shares of Beazer Homes USA, Inc. (NYSE:BZH) have changed -0.92%. Short interest in the company has seen 1.61 Million shares shorted with days to cover at 0.
Wall Street analysts have a consensus price target for the stock at $15, which means that the shares’ value could jump 6.69% from current levels. The projected low price target is $15 while the price target rests at a high of $15. In that case, then, we find that the current price level is +6.69% off the targeted high while a plunge would see the stock lose 6.69% from current levels.
Beazer Homes USA, Inc. (BZH) estimates and forecasts
Figures show that Beazer Homes USA, Inc. shares have underperformed across the wider relevant industry. The company’s shares have gained +43.03% over the past 6 months, with this year growth rate of 2.12%, compared to 7.2% for the industry. Other than that, the company has, however, lowered its growth outlook for the 2020 fiscal year revenue. Growth estimates for the current quarter are -66.7% and -20% for the next quarter. Revenue growth from the last financial year stood is estimated to be +2.9%.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was -30.4% over the past 5 years. Earnings growth for 2020 is a modest +168.6% while over the next 5 years, the company’s earnings are expected to increase by 4%.
Beazer Homes USA, Inc. (NYSE:BZH)’s Major holders
Insiders own 7.65% of the company shares, while shares held by institutions stand at 83.33% with a share float percentage of 90.23%. Investors are also buoyed by the number of investors in a company, with Beazer Homes USA, Inc. having a total of 180 institutions that hold shares in the company. The top two institutional holders are Blackrock Inc. with over 2.55 Million shares worth more than $33.66 Million. As of September 29, 2020, Blackrock Inc. held 8.22% of shares outstanding.
The other major institutional holder is Smith (Donald) & Company Inc., with the holding of over 2.33 Million shares as of September 29, 2020. The firm’s total holdings are worth over $30.73 Million and represent 7.51% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are Smallcap World Fund and Vanguard Total Stock Market Index Fund. As of September 29, 2020, the former fund manager holds about 5.35% shares in the company for having 1659813 shares of worth $21.91 Million while later fund manager owns 792.01 Thousand shares of worth $7.98 Million as of June 29, 2020, which makes it owner of about 2.55% of company’s outstanding stock.