Beazer Homes USA (BZH) has risen sharply, recording gains of 7% in the past 4 weeks. However, the stock has corrected -3.17% in the past 1 week, providing a good buying opportunity on dips. On a relative basis, the stock has outperformed the S&P 500 by 9.22% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week.
The stock has recorded a 20-day Moving Average of 1.74% and the 50-Day Moving Average is 9.3%.The 200 Day SMA reached 20.7% Beazer Homes USA Inc. is up 43.98% in the last 3-month period. Year-to-Date the stock performance stands at -4.26%.
Beazer Homes USA (BZH) : 2 investment research analysts covering Beazer Homes USA (BZH) have an average price target of $18.5 for the near short term. The highest target price given by the Brokerage Firm to the stock is $19 and the lowest target is $18 for the short term. Analysts expect the variance to be within $0.71 of the average price.
Company shares have received an average consensus rating of Hold for the current week Beazer Homes USA (NYSE:BZH): stock was range-bound between the intraday low of $10.96 and the intraday high of $11.23 after having opened at $11.14 on Fridays session. The stock finally closed in the red at $11.14, a loss of -2.05%. The stock remained in the red for the whole trading day. The total traded volume was 958,771 shares. The stock failed to cross $11.23 in Fridays trading. The stocks closing price on Thursday was $11.
Beazer Homes USA, Inc. is a diversified homebuilder with operations in 16 states within three geographic regions in the United States: West, East and Southeast. The Companys homes are designed to appeal to homeowners at various price points across various demographic segments and are generally offered for sale in advance of their construction. It has three homebuilding segments: West, which includes Arizona, California, Nevada and Texas; East, which includes Delaware, Indiana, Maryland, New Jersey, New York, Pennsylvania, Tennessee (Nashville) and Virginia; and Southeast, which includes Florida, Georgia, North Carolina (Raleigh) and South Carolina. The Company partners with Moen, Certain Teed and DuPont Tyvek. The Company provides information about the active communities through its Internet Website located atwww.beazer.com.