Alert: Positive Investment/Fundamental Signals (7/12/24)-Beazer Homes USA Inc. (NYSE: BZH)

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Beazer Homes USA Inc. (NYSE: BZH) has benefited from exceptional positive changes in investment behavior: its shorter term price trend turned up, the stock’s recent price rise disrupted its longer term downtrend, and the stock rose on very heavy volume.

Recent slight positive changes in fundamentals have benefitted Beazer Homes USA Inc. (NYSE: BZH): significant quarterly earnings acceleration occurred.

In light of these very positive signals we are reviewing our current Overall Rating of A. We would continue to view the shares with optimism pending completion of this review in the next several days.

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Current PriceTarget Research Rating

BZH’s future returns on capital are forecasted to exceed the cost of capital. Accordingly, the company is expected to continue to be an important Value Builder.

Beazer Homes USA has a current Value Trend Rating of A (Highest Rating). The Value Trend Rating reflects complementary signals from PTR’s two proprietary measures of a stock’s attractiveness. Beazer Homes USA has a slightly positive Power Rating of 65 and a very high Appreciation Score of 86, producing the Highest Value Trend Rating.

Recent Price Action

Beazer Homes USA Inc. (NYSE: BZH) stock closed at $30.76 on 7/12/24 after a very large increase of 5.1%. Moreover, exceptionally high trading volume at 220% of normal accompanied the advance. The stock has risen 16.4% during the last week and has performed in line with the market over the last nine months.

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