Beazer Homes USA Inc. [NYSE: BZH] plunged by -$1.11 during the normal trading session on Thursday and reaching a high of $21.89 during the day while it closed the day at $20.98. The company report on April 30, 2021 that Beazer Homes Reports Strong Second Quarter Fiscal 2021 Results.
Beazer Homes USA, Inc. (NYSE: BZH) (www.beazer.com) announced its financial results for the three and six months ended March 31, 2021.
“We had an extraordinary second quarter, driven by strong operational execution and continued strength in the housing market,” said Allan P. Merrill, the company’s Chairman and Chief Executive Officer. “We generated significant growth in sales pace, average sales price, gross margin and adjusted EBITDA, leading to a doubling in our quarterly net income versus last year. At the same time, we improved our balance sheet efficiency by increasing our share of lots controlled by options while continuing to reduce leverage.”.
Beazer Homes USA Inc. stock has also loss -9.02% of its value over the past 7 days. However, BZH stock has declined by -1.13% in the 3 months of the year. Over the past six months meanwhile, it has gained 37.12% and gained 38.48% year-on date.
The market cap for BZH stock reached $644.51 million, with 29.95 million shares outstanding and 29.79 million shares in the current float. Compared to the average trading volume of 424.40K shares, BZH reached a trading volume of 1379450 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about Beazer Homes USA Inc. [BZH]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for BZH shares is $26.00 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on BZH stock is a recommendation set at 2.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Sidoti have made an estimate for Beazer Homes USA Inc. shares, keeping their opinion on the stock as Buy, with their previous recommendation back on December 11, 2020. While these analysts kept the previous recommendation, Wedbush dropped their target price from $17 to $16. The new note on the price target was released on January 31, 2020, representing the official price target for Beazer Homes USA Inc. stock.
The Average True Range (ATR) for Beazer Homes USA Inc. is set at 1.09, with the Price to Sales ratio for BZH stock in the period of the last 12 months amounting to 0.29. The Price to Book ratio for the last quarter was 0.99, with the Price to Cash per share for the same quarter was set at 11.57. Price to Free Cash Flow for BZH in the course of the last twelve months was 1.73.
BZH stock trade performance evaluation
Beazer Homes USA Inc. [BZH] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -9.02. With this latest performance, BZH shares dropped by -10.99% in over the last four-week period, additionally plugging by 37.12% over the last 6 months – not to mention a rise of 93.90% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for BZH stock in for the last two-week period is set at 37.49, with the RSI for the last a single of trading hit 28.53, and the three-weeks RSI is set at 42.86 for Beazer Homes USA Inc. [BZH]. The present Moving Average for the last 50 days of trading for this stock 22.34, while it was recorded at 22.74 for the last single week of trading, and 17.31 for the last 200 days.
Beazer Homes USA Inc. [BZH]: An insightful look at the core fundamentals
Operating Margin for any stock indicates how profitable investing would be, and Beazer Homes USA Inc. [BZH] shares currently have an operating margin of +3.78 and a Gross Margin at +16.12. Beazer Homes USA Inc.’s Net Margin is presently recorded at +2.51.
Return on Total Capital for BZH is now 4.65, given the latest momentum, and Return on Invested Capital for the company is 3.09. Return on Equity for this stock inclined to 9.42, with Return on Assets sitting at 2.69. When it comes to the capital structure of this company, Beazer Homes USA Inc. [BZH] has a Total Debt to Total Equity ratio set at 193.22. Additionally, BZH Total Debt to Total Capital is recorded at 65.90, with Total Debt to Total Assets ending up at 57.09. Long-Term Debt to Equity for the company is recorded at 192.45, with the Long-Term Debt to Total Capital now at 65.63.
Reflecting on the efficiency of the workforce at the company, Beazer Homes USA Inc. [BZH] managed to generate an average of $50,156 per employee. Receivables Turnover for the company is 70.43 with a Total Asset Turnover recorded at a value of 1.07.
Earnings per share (EPS) analysis for Beazer Homes USA Inc. [BZH] stock
With the latest financial reports released by the company, Beazer Homes USA Inc. posted 0.51/share EPS, while the average EPS was predicted by analysts to be reported at -0.09/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 666.70%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for BZH. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Beazer Homes USA Inc. go to 4.00%.
Beazer Homes USA Inc. [BZH]: Insider Ownership positions
There are presently around $507 million, or 77.70% of BZH stock, in the hands of institutional investors. The top three institutional holders of BZH stocks are: BLACKROCK INC. with ownership of 2,782,349, which is approximately 8.025% of the company’s market cap and around 0.60% of the total institutional ownership; CAPITAL WORLD INVESTORS, holding 1,659,813 shares of the stock with an approximate value of $34.82 million in BZH stocks shares; and DONALD SMITH & CO., INC., currently with $33.09 million in BZH stock with ownership of nearly -27.627% of the company’s market capitalization.
Positions in Beazer Homes USA Inc. stocks held by institutional investors increased at the end of April and at the time of the April reporting period, where 71 institutional holders increased their position in Beazer Homes USA Inc. [NYSE:BZH] by around 2,949,610 shares. Additionally, 63 investors decreased positions by around 3,111,908 shares, while 23 investors held positions by with 18,093,970 shares. The mentioned changes placed institutional holdings at 24,155,488 shares, according to the latest SEC report filing. BZH stock had 29 new institutional investments in for a total of 658,573 shares, while 15 institutional investors sold positions of 1,019,556 shares during the same period.