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Beazer Homes USA Inc (BZH) – Don’t Be So Quick to Call it Dead

Beazer Homes USA Inc (NYSE: BZH) is 3.37% higher on its value in year-to-date trading and has touched a low of $25.48 and a high of $38.22 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The BZH stock was last observed hovering at around $34.99 in the last trading session, with the day’s loss setting it -0.06%.

Currently trading at $34.93, the stock is 5.78% and 6.68% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.23 million and changing -0.17% at the moment leaves the stock 15.03% off its SMA200. BZH registered 35.28% gain for a year compared to 6-month gain of 27.11%. The firm has a 50-day simple moving average (SMA 50) of $32.7188 and a 200-day simple moving average (SMA200) of $30.3352.

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The stock witnessed a 11.99% loss in the last 1 month and extending the period to 3 months gives it a 12.53%, and is 6.95% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.04% over the week and 3.66% over the month.

Beazer Homes USA Inc (BZH) has around 1158 employees, a market worth around $1.08B and $2.33B in sales. Current P/E ratio is 7.71 and Fwd P/E is 5.96. Profit margin for the company is 6.02%. Distance from 52-week low is 37.11% and -8.62% from its 52-week high. The company has generated returns on investments over the last 12 months (6.17%).

The EPS is expected to grow by 0.72% this year

257.0 institutions hold shares in Beazer Homes USA Inc (BZH), with institutional investors hold 90.02% of the company’s shares. The shares outstanding are 31.05M, and float is at 28.66M with Short Float at 5.09%. Institutions hold 84.48% of the Float.

The top institutional shareholder in the company is DONALD SMITH & CO., INC. with over 3.09 million shares valued at $84.83 million. The investor’s holdings represent 10.0324 of the BZH Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 3.08 million shares valued at $84.59 million to account for 10.0038 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 2.06 million shares representing 6.7057 and valued at over $56.7 million, while CAPITAL WORLD INVESTORS holds 5.3944 of the shares totaling 1.66 million with a market value of $45.61 million.

Beazer Homes USA Inc (BZH) Insider Activity

The most recent transaction is an insider sale by Goldberg David I, the company’s SVP, Chief Financial Officer. SEC filings show that Goldberg David I sold 6,057 shares of the company’s common stock on Nov 12 ’24 at a price of $32.06 per share for a total of $0.19 million. Following the sale, the insider now owns 0.13 million shares.

Beazer Homes USA Inc disclosed in a document filed with the SEC on Jul 16 ’24 that Belknap Keith L Jr (EVP, General Counsel) sold a total of 80,738 shares of the company’s common stock. The trade occurred on Jul 16 ’24 and was made at $33.06 per share for $2.67 million. Following the transaction, the insider now directly holds 70081.0 shares of the BZH stock.

Still, SEC filings show that on Jul 15 ’24, Belknap Keith L Jr (EVP, General Counsel) disposed off 13,300 shares at an average price of $31.17 for $0.41 million. The insider now directly holds 150,819 shares of Beazer Homes USA Inc (BZH).

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