While Beazer Homes USA Inc. has overperformed by 2.15%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, BZH rose by 41.29%, with highs and lows ranging from $35.93 to $20.04, whereas the simple moving average fell by -0.16% in the last 200 days.
On October 10, 2023, Wedbush Upgraded Beazer Homes USA Inc. (NYSE: BZH) to Outperform. A report published by Sidoti on August 23, 2023, Upgraded its rating to ‘Buy’ for BZH. Wedbush also Downgraded BZH shares as ‘Neutral’, setting a target price of $32 on the company’s shares in a report dated August 18, 2023. Sidoti July 12, 2023d the rating to Neutral on July 12, 2023, and set its price target from $23 to $31. Wedbush June 28, 2023d its ‘Neutral’ rating to ‘Outperform’ for BZH, as published in its report on June 28, 2023. B. Riley Securities’s report from May 10, 2022 suggests a price prediction of $23 for BZH shares, giving the stock a ‘Buy’ rating. Janney also rated the stock as ‘Buy’.
Analysis of Beazer Homes USA Inc. (BZH)
Further, the quarter-over-quarter decrease in sales is -0.44%, showing a negative trend in the upcoming months.
One of the most important indicators of Beazer Homes USA Inc.’s future performance is equity, which can be evaluated using several well-rounded types of analysis and research techniques. The goal here is to ensure that your current return on equity of 14.85% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 0.79, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
For any stock, average volume can also provide valuable insight into volatility, and BZH is recording 326.74K average volume. On a monthly basis, the volatility of the stock is set at 4.02%, whereas on a weekly basis, it is put at 5.59%, with a gain of 3.28% over the past seven days. Furthermore, long-term investors anticipate a median target price of $35.67, showing growth from the present price of $28.95, which can serve as yet another indication of whether BZH is worth investing in or should be passed over.
How Do You Analyze Beazer Homes USA Inc. Shares?
The Residential Construction market is dominated by Beazer Homes USA Inc. (BZH) based in the USA. When comparing Beazer Homes USA Inc. shares with other companies under Consumer Cyclical, the P/E value is an influential factor to note. This is because it represents an indication of the future growth of the company in terms of investors’ expectations. Ultimately, the value of the latter should demonstrate steady, rapid growth, which is an accurate measure of the company’s progress. In addition to the value of 5.59, there is a growth in quarterly earnings of 10.97%.
Along with the fundamentals, it is also important to consider how many employees own shares of the company. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 7.39%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 83.27% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
BZH shares are owned by institutional investors to the tune of 83.27% at present.
