TheStreet Downgrades Beazer Homes USA to Sell (BZH)

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TheStreet lowered shares of Beazer Homes USA (NYSE:BZH) from a hold rating to a sell rating in a research report released on Wednesday morning, AnalystRatingsNetwork reports.

“Beazer Homes USA (BZH) has been downgraded by TheStreet Ratings from hold to sell. The company’s weaknesses can be seen in multiple areas, such as its generally high debt management risk, weak operating cash flow and poor profit margins.,” the firm’s analyst wrote.

A number of other analysts have also recently weighed in on BZH. Analysts at Zacks upgraded shares of Beazer Homes USA from a neutral rating to an outperform rating in a research note to investors on Wednesday, January 8th. They now have a $25.30 price target on the stock. Separately, analysts at FBN Securities downgraded shares of Beazer Homes USA from a sector perform rating to an underperform rating in a research note to investors on Monday, December 30th. Finally, analysts at Compass Point raised their price target on shares of Beazer Homes USA from $15.50 to $24.00 in a research note to investors on Tuesday, December 17th. They now have a neutral rating on the stock. Three research analysts have rated the stock with a sell rating, six have issued a hold rating and four have given a buy rating to the company’s stock. The stock has a consensus rating of Hold and a consensus price target of $23.85.

Shares of Beazer Homes USA (NYSE:BZH) opened at 20.77 on Wednesday. Beazer Homes USA has a 52 week low of $13.91 and a 52 week high of $25.34. The stock has a 50-day moving average of $22.85 and a 200-day moving average of $19.44. The company’s market cap is $526.7 million.

Beazer Homes USA (NYSE:BZH) last released its earnings data on Thursday, January 30th. The company reported ($0.21) EPS for the quarter, beating the Thomson Reuters consensus estimate of ($0.25) by $0.04. The company had revenue of $293.20 million for the quarter, compared to the consensus estimate of $281.60 million. On average, analysts predict that Beazer Homes USA will post $0.58 earnings per share for the current fiscal year.

Beazer Homes USA, Inc (NYSE:BZH) diversified homebuilder with active operations in 16 states.

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