Beazer Homes USA Inc. (NYSE: BZH) has a price-to-earnings ratio of 5.25x that is above its average ratio. Additionally, the 36-month beta value for BZH is 2.17. There are mixed opinions on the stock, with 1 analysts rating it as a “buy,” 0 rating it as “overweight,” 3 rating it as “hold,” and 1 rating it as “sell.”
The public float for BZH is 29.21M and currently, short sellers hold a 2.96% ratio of that float. The average trading volume of BZH on May 02, 2024 was 334.93K shares.
BZH) stock’s latest price update
Beazer Homes USA Inc. (NYSE: BZH)’s stock price has gone decline by -6.03 in comparison to its previous close of 28.20, however, the company has experienced a -3.60% decrease in its stock price over the last five trading days. Seeking Alpha reported 2024-05-01 that Beazer Homes USA, Inc. (NYSE:BZH ) Q2 2024 Earnings Conference Call May 1, 2024 5:00 PM ET Company Participants David Goldberg – Senior Vice President and Chief Financial Officer Allan Merrill – President and Chief Executive Officer Conference Call Participants Julio Romero – Sidoti & Company Alex Rygiel – B. Riley Alan Ratner – Zelman & Associates Alex Barron – Housing Research Center Jay McCanless – Wedbush Operator Good afternoon and welcome to the Beazer Homes Earnings Conference Call for the Second Quarter Ended March 31, 2024.
BZH’s Market Performance
Beazer Homes USA Inc. (BZH) has seen a -3.60% fall in stock performance for the week, with a -16.93% decline in the past month and a -18.11% plunge in the past quarter. The volatility ratio for the week is 3.69%, and the volatility levels for the past 30 days are at 3.53% for BZH. The simple moving average for the last 20 days is -5.93% for BZH’s stock, with a simple moving average of -8.66% for the last 200 days.
Analysts’ Opinion of BZH
Many brokerage firms have already submitted their reports for BZH stocks, with Wedbush repeating the rating for BZH by listing it as a “Outperform.” The predicted price for BZH in the upcoming period, according to Wedbush is $32 based on the research report published on October 10, 2023 of the previous year 2023.
Sidoti, on the other hand, stated in their research note that they expect to see BZH reach a price target of $36. The rating they have provided for BZH stocks is “Buy” according to the report published on August 23rd, 2023.
Wedbush gave a rating of “Neutral” to BZH, setting the target price at $32 in the report published on August 18th of the previous year.
BZH Trading at -10.97% from the 50-Day Moving Average
After a stumble in the market that brought BZH to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -26.25% of loss for the given period.
Volatility was left at 3.53%, however, over the last 30 days, the volatility rate increased by 3.69%, as shares sank -15.21% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -10.23% lower at present.
During the last 5 trading sessions, BZH fell by -4.39%, which changed the moving average for the period of 200-days by -8.42% in comparison to the 20-day moving average, which settled at $27.94. In addition, Beazer Homes USA Inc. saw -21.57% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for BZH
Current profitability levels for the company are sitting at:
- 0.08 for the present operating margin
- 0.2 for the gross margin
The net margin for Beazer Homes USA Inc. stands at 0.07. The total capital return value is set at 0.07. Equity return is now at value 14.97, with 6.82 for asset returns.
Currently, EBITDA for the company is 190.0 million with net debt to EBITDA at -0.7. When we switch over and look at the enterprise to sales, we see a ratio of 0.33. The receivables turnover for the company is 39.58for trailing twelve months and the total asset turnover is 0.85. The liquidity ratio also appears to be rather interesting for investors as it stands at 8.73.
Conclusion
In conclusion, Beazer Homes USA Inc. (BZH) has seen bad performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
