|Bid||0.00 x 800|
|Ask||0.00 x 2200|
|Day's Range||15.52 - 15.89|
|52 Week Range||8.89 - 16.70|
|Beta (3Y Monthly)||2.36|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Shareholders of Beazer Homes USA, Inc. (NYSE:BZH) will be pleased this week, given that the stock price is up 11% to...
Amid an overall bull market, many stocks that smart money investors were collectively bullish on surged through October 17th. Among them, Facebook and Microsoft ranked among the top 3 picks and these stocks gained 45% and 39% respectively. Our research shows that most of the stocks that smart money likes historically generate strong risk-adjusted returns. […]
Beazer (BZH) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Beazer Homes USA, Inc. New York, November 01, 2019 -- Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Beazer Homes USA, Inc. and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers.
Fed Chair Powell leaves the door open for another rate cut in October as jobs growth last month was not as robust as expected and trade concerns continue to impede economic growth.
Zacks.com featured highlights include: American Airlines, Beazer Homes USA, Asbury Automotive, AMC Entertainment and Beacon Roofing Supply
The task of designing one's portfolio to include potential outperformers is anything but an easy one. Broker advice is necessary for designing a winning portfolio.
In Wednesday's column I spotlighted a few small-caps in the biotech sector that look like they have favorable risk vs. reward profiles. The jobs market was solid despite the volatility in equities, consumer confidence and spending were strong and mortgage rates were starting to come down. It was reported Wednesday that August housing starts leaped more than 12%, easily above expectations.
The SPDR S&P Homebuilders exchange-traded fund (XHB), which also includes companies that supply building-products and home-furnishing, has outperformed the broader market, rising 34% this year versus the S&P 500’s 19.5% return. D.R. Horton Inc. (DHI) and Beazer Homes USA Inc. (BZH) have gained well over 40%, while LGI Homes (LGIH) is up near 80% and KB Home (KBH) has advanced 63% in 2019. The Fed further bolstered the rate-sensitive industry on Wednesday, at least for the short term, by announcing more rate cuts.
Moody's Investors Service ("Moody's") assigned a B3 rating to Beazer Homes USA, Inc.'s ("Beazer") proposed $350 million senior unsecured notes due 2029. The company's ratings including its B3 Corporate Family Rating, B3-PD Probability of Default Rating, B3 ratings on its senior unsecured notes and SGL-2 Speculative Grade Liquidity Rating remain unchanged. In a refinancing transaction, Beazer is issuing $350 million of senior unsecured notes due 2029 and a new $150 million senior unsecured term loan due 2022 (unrated), the proceeds of which along with cash on hand will be used to retire $500 million of the company's 8.75% senior unsecured notes due 2022 and to fund the premium.
Given falling mortgage rates, the housing space looks attractive with existing homes sales rising on a year-over-year basis for the first time in the last 17 months.