Alert: Major Price Decline (8/2/24)-Beazer Homes USA Inc. (NYSE: BZH).

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On 8/2/24, Beazer Homes USA Inc. (NYSE: BZH) stock suffered a major decline of -12.7%, closing at $28.57. Moreover, trading volume in this decline was exceptionally high at 249% of normal. Relative to the market the stock has been weak over the last nine months and has declined -12.7% during the last week.

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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). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing complementary signals. Beazer Homes USA has a slightly positive Power Rating of 61 and a very high Appreciation Score of 87, leading to the Highest Value Trend Rating.

Rating Review

In light of this highly negative price change we are reviewing our current Overall Rating of A. This review will be completed in the next several days.

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