Beazer Homes USABZH
Market Cap: $1.07B
About: Beazer Homes USA Inc is an construction company that focuses on residential construction. The company specializes in single-family housing and multi-unit building construction in over 13 states and over 22 metro markets. Beazer Homes builds homes and communities that target first-time, move-up, and luxury homebuyers with an average selling price of roughly $300,000. From a geographic perspective, home sales in the western and eastern United States have been the leading sources of revenue for the company. Key metro areas include Atlanta, Las Vegas, Los Angeles, Orlando, and Tampa. The company also focuses on land purchasing and development to support future construction efforts as well as mortgage services for its homebuyers.
Employees: 1,067
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
57% more first-time investments, than exits
New positions opened: 33 | Existing positions closed: 21
53% more repeat investments, than reductions
Existing positions increased: 75 | Existing positions reduced: 49
7% more funds holding
Funds holding: 172 [Q1] → 184 (+12) [Q2]
0% more funds holding in top 10
Funds holding in top 10: 4 [Q1] → 4 (+0) [Q2]
1.2% less ownership
Funds ownership: 84.02% [Q1] → 82.82% (-1.2%) [Q2]
17% less capital invested
Capital invested by funds: $867M [Q1] → $717M (-$150M) [Q2]
67% less call options, than puts
Call options by funds: $3.01M | Put options by funds: $9.21M
Research analyst outlook
3 Wall Street Analysts provided 1 year price targets over the past 3 months
3 analyst ratings
Wedbush Jay McCanless 55% 1-year accuracy 38 / 69 met price target | 33%upside $45 | Outperform Upgraded | 5 Sept 2024 |
B. Riley Securities Alex Rygiel 60% 1-year accuracy 18 / 30 met price target | 9%upside $37 | Buy Maintained | 2 Aug 2024 |
Wedbush Jay McCanless 55% 1-year accuracy 38 / 69 met price target | 21%upside $41 | Neutral Maintained | 2 Aug 2024 |
Financial journalist opinion
Based on 4 articles about BZH published over the past 30 days