During the last session, Beazer Homes USA Inc. (NYSE:BZH)’s traded shares were 0.3 million, with the beta value of the company hitting 1.97. At the end of the trading day, the stock’s price was $20.10, reflecting an intraday loss of -3.09% or -$0.64. The 52-week high for the BZH share is $26.12, that puts it down -29.95 from that peak though still a striking 30.1% gain since the share price plummeted to a 52-week low of $14.05. The company’s market capitalization is $647.82M, and the average trade volume was 329.86K shares over the past three months.
Beazer Homes USA Inc. (BZH) received a consensus recommendation of an Overweight from analysts. That translates to a mean rating of 1.70. BZH has a Sell rating from 0 analyst(s) out of 3 analysts who have looked at this stock. 1 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 2 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be $0.83.
Beazer Homes USA Inc. (NYSE:BZH) trade information
Beazer Homes USA Inc. (BZH) registered a -3.09% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -3.09% in intraday trading to $20.10 this Friday, 11/26/21, hitting a weekly high. The stock’s 5-day price performance is -9.26%, and it has moved by 13.50% in 30 days. Based on these gigs, the overall price performance for the year is 29.43%.
The consensus price target of analysts on Wall Street is $29.33, which implies an increase of 31.47% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $24.00 and $36.00 respectively. As a result, BZH is trading at a discount of -79.1% off the target high and -19.4% off the low.
Beazer Homes USA Inc. (BZH) estimates and forecasts
Statistics show that Beazer Homes USA Inc. has underperformed its competitors in share price, compared to the industry in which it operates. Beazer Homes USA Inc. (BZH) shares have gone down -15.58% during the last six months, with a year-to-date growth rate less than the industry average at 23.70% against 41.90. Yet analysts are ramping up their growth forecast for the fiscal year 2021. Revenue is predicted to grow 3.70% this quarter and then jump 50.00% in the quarter after that. In the rating firms’ projections, revenue will increase 0.30% compared to the previous financial year.
Revenue for the current quarter is expected to be $585.03 million as predicted by 3 analyst(s). Meanwhile, a consensus of 3 analyst(s) estimates revenue growth to $469.03 million by the end of Dec 2021.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 89.60%. While earnings are projected to return 125.50% in 2021, the next five years will return 4.00% per annum.
Beazer Homes USA Inc. is due to release its next quarterly earnings between January 26 and January 31. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
Beazer Homes USA Inc. (NYSE:BZH)’s Major holders
Beazer Homes USA Inc. insiders own 4.81% of total outstanding shares while institutional holders control 75.80%, with the float percentage being 79.63%. Blackrock Inc. is the largest shareholder of the company, while 184 institutions own stock in it. As of Jun 29, 2021, the company held over 2.68 million shares (or 8.57% of all shares), a total value of $51.72 million in shares.
The next largest institutional holding, with 1.66 million shares, is of Capital World Investors’s that is approximately 5.30% of outstanding shares. At the market price on Jun 29, 2021, these shares were valued at $32.02 million.
Also, the Mutual Funds coming in first place with the largest holdings of Beazer Homes USA Inc. (BZH) shares are Smallcap World Fund and Vanguard Total Stock Market Index Fund. Data provided on Sep 29, 2021 indicates that Smallcap World Fund owns about 1.66 million shares. This amounts to just over 5.30 percent of the company’s overall shares, with a $28.63 million market value. The same data shows that the other fund manager holds slightly less at 0.83 million, or about 2.65% of the stock, which is worth about $16.01 million.