Beazer Homes USA, Inc. (NYSE:BZH) Short Interest Up 6.5% in January

Beazer Homes USA, Inc. (NYSE:BZH) was the target of a large increase in short interest in the month of January. As of January 15th, there was short interest totalling 1,650,000 shares, an increase of 6.5% from the December 31st total of 1,550,000 shares. Based on an average trading volume of 299,500 shares, the short-interest ratio is presently 5.5 days. Currently, 5.7% of the shares of the company are sold short.

Analyst Ratings Changes

Separately, Wedbush reiterated an “outperform” rating and issued a $45.00 target price on shares of Beazer Homes USA in a research note on Friday. Two analysts have rated the stock with a sell rating and three have given a buy rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of $39.67.

Insider Buying and Selling at Beazer Homes USA

In related news, CFO David I. Goldberg sold 6,057 shares of the firm’s stock in a transaction dated Tuesday, November 12th. The stock was sold at an average price of $32.06, for a total transaction of $194,187.42. Following the sale, the chief financial officer now directly owns 131,004 shares of the company’s stock, valued at $4,199,988.24. This trade represents a 4.42 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Company insiders own 6.52% of the company’s stock.

Institutional Investors Weigh In On Beazer Homes USA

Institutional investors have recently bought and sold shares of the company. Koss Olinger Consulting LLC boosted its stake in shares of Beazer Homes USA by 1.8% in the third quarter. Koss Olinger Consulting LLC now owns 16,548 shares of the construction company’s stock worth $565,000 after acquiring an additional 297 shares during the last quarter. Harbor Capital Advisors Inc. grew its holdings in shares of Beazer Homes USA by 4.1% during the third quarter. Harbor Capital Advisors Inc. now owns 10,390 shares of the construction company’s stock worth $355,000 after buying an additional 408 shares in the last quarter. The Manufacturers Life Insurance Company raised its position in shares of Beazer Homes USA by 4.0% in the second quarter. The Manufacturers Life Insurance Company now owns 15,184 shares of the construction company’s stock valued at $417,000 after buying an additional 581 shares during the last quarter. Winslow Asset Management Inc. lifted its stake in shares of Beazer Homes USA by 0.4% in the third quarter. Winslow Asset Management Inc. now owns 491,330 shares of the construction company’s stock worth $16,789,000 after buying an additional 1,717 shares in the last quarter. Finally, SG Americas Securities LLC boosted its position in Beazer Homes USA by 25.1% during the third quarter. SG Americas Securities LLC now owns 10,032 shares of the construction company’s stock worth $343,000 after acquiring an additional 2,014 shares during the last quarter. 85.65% of the stock is currently owned by institutional investors and hedge funds.

Beazer Homes USA Price Performance

BZH traded up $0.72 during trading on Tuesday, hitting $22.05. The company’s stock had a trading volume of 162,626 shares, compared to its average volume of 370,806. The company has a current ratio of 15.52, a quick ratio of 1.25 and a debt-to-equity ratio of 0.87. The firm has a market capitalization of $687.99 million, a price-to-earnings ratio of 5.62, a P/E/G ratio of 0.25 and a beta of 2.22. The business’s fifty day simple moving average is $29.35 and its 200 day simple moving average is $30.91. Beazer Homes USA has a twelve month low of $20.66 and a twelve month high of $38.22.

Beazer Homes USA (NYSE:BZH) last posted its quarterly earnings data on Thursday, January 30th. The construction company reported $0.10 earnings per share for the quarter, missing analysts’ consensus estimates of $0.31 by ($0.21). Beazer Homes USA had a return on equity of 10.12% and a net margin of 5.04%. On average, equities research analysts forecast that Beazer Homes USA will post 4.44 EPS for the current fiscal year.

Beazer Homes USA Company Profile

Beazer Homes USA, Inc operates as a homebuilder in the United States. It designs, constructs, and sells single-family and multi-family homes under the Beazer Homes, Gatherings, and Choice Plans names. The company also sells its homes through commissioned new home sales counselors and independent brokers in Arizona, California, Nevada, Texas, Indiana, Delaware, Maryland, Tennessee, Virginia, Florida, Georgia, North Carolina, and South Carolina.