BZH Stock Summary and Trading Ideas (Beazer Homes USA | NYSE:BZH)

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.

Beazer Homes USA trades on the NYSE stock market under the symbol BZH.

As of April 23, 2024, BZH stock price climbed to $27.88 with 284,405 million shares trading.

BZH has a beta of 2.56, meaning it tends to be more sensitive to market movements. BZH has a correlation of 0.29 to the broad based SPY ETF.

BZH has a market cap of $879.14 million. This is considered a Small Cap stock.

Last quarter Beazer Homes USA reported $387 million in Revenue and $.70 earnings per share. This fell short of revenue expectation by $-37 million and missed earnings estimates by -$.01.

In the last 3 years, BZH stock traded as high as $35.93 and as low as $9.47.

The top ETF exchange traded funds that BZH belongs to (by Net Assets): VTI, IWM, VXF, AVUV, IWN.

BZH has outperformed the market in the last year with a return of +62.5%, while the SPY ETF gained +24.3%. However, in the most recent history, BZH shares have underperformed the stock market with its stock returning -16.2% in the last 3 month period and -9.2% for the last 2 week period, while SPY has returned +4.9% and -2.5%, respectively.

BZH support price is $25.92 and resistance is $27.27 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that BZH stock will trade within this expected range on the day.