Beazer Homes Usa Inc (BZH) |
|
Price: $29.4400
$-0.15
-0.507%
|
Day's High:
| $30.01
| Week Perf:
| -5.52 %
|
Day's Low: |
$ 29.12 |
30 Day Perf: |
-3.38 % |
Volume (M): |
192 |
52 Wk High: |
$ 35.93 |
Volume (M$): |
$ 5,650 |
52 Wk Avg: |
$26.24 |
Open: |
$29.72 |
52 Wk Low: |
$14.14 |
|
|
Market Capitalization (Millions $) |
912 |
Shares
Outstanding (Millions) |
31 |
Employees |
1,063 |
Revenues (TTM) (Millions $) |
2,148 |
Net Income (TTM) (Millions $) |
156 |
Cash Flow (TTM) (Millions $) |
-18 |
Capital Exp. (TTM) (Millions $) |
23 |
Beazer Homes Usa Inc
We are a geographically diversified homebuilder with active operations in 13
states within three geographic regions in the United States: the West, East
and Southeast. Our homes are designed to appeal to homeowners at different price
points across various demographic segments and are generally offered for sale
in advance of their construction. Our objective is to provide our customers
with homes that incorporate exceptional value and quality, while seeking to
maximize our return on invested capital over the course of a housing cycle.
Beazer Homes USA, Inc. was incorporated in Delaware in 1993. Our principal executive
offices are located at 1000 Abernathy Road, Suite 260, Atlanta, Georgia 30328
and our main telephone number is (770) 829-3700. We also provide information
about our company, including active communities, through our Internet website
located at www.beazer.com.
Geographic Diversification in Growth Markets. We compete in a large number
of geographic markets across the United States (U.S.) in an attempt to reduce
our exposure to any particular regional economy. Within these markets, we build
homes in a variety of new home communities. We continually review our selection
of markets based on both aggregate demographic information and our own operating
results. We use the results of these reviews to re-allocate our investments
to those markets where we believe we can maximize our profitability and return
on capital over the next several years. During the second quarter of 2015, this
review led us to the decision that we would not continue to invest in new homebuilding
assets in New Jersey.
Diversity of Product Offerings. Our product strategy aims to address the needs
of our target buyers. Within each of our markets, we determine the profile of
buyers we hope to target and design neighborhoods and homes with the specific
needs of those buyers in mind. Depending on the market, we attempt to address
one or more of the following categories of home buyers: entry-level, move-up
or retirement-oriented. Within these buyer groups, we have developed detailed
targeted buyer profiles based on demographic and psychographic data, including
information about their marital and family status, employment, age, affluence,
special interests, media consumption and distance moved. Recognizing that our
customers want to choose certain components of their new home, we offer a limited
number of free structural options on most homes (“Choice PlansTM”),
as well as other paid structural options, and utilize design studios in most
of our markets that enable our customers to further personalize their home by
allowing them to select certain non-structural options such as cabinetry, flooring,
fixtures, appliances and wall coverings.
Differentiated Process. Our sales strategy has three specific tenets: lender
choice (“Mortgage Choices”), personalization (Choice PlansTM) and
energy efficiency (refer to section entitled “Differentiating Beazer Homes”
for a further discussion). To address the homebuyers’ perceived challenge
of securing a mortgage, we facilitate the process by making available a small
number of preferred lenders who offer a comprehensive set of mortgage products,
competitive rates and outstanding customer service. In response to consumers’
desire to reflect their personal preferences and lifestyle in their homes, we
continue to evolve our floor plans based on market opportunity and demand. We
create base plans that meet most homebuyers’ needs but also give the homebuyer
the flexibility to change how the home lives through choices in structural and
design options at no additional cost. We engineer our homes for energy-efficiency,
resulting in cost savings and comfort. Using the ENERGYSTAR® standards as
our minimum performance criteria, our homes reduce the impact on the environment
while decreasing our homebuyers’ annual operating costs.
Consistent Use of National Brand. Our homebuilding and marketing activities
are conducted under the name of Beazer Homes in each of our markets. We believe
that the Beazer Homes® trademark has significant value and is an important
factor in the marketing of our homebuilding activities and business. We utilize
a single brand name across our markets in order to better leverage our national
and local marketing activities. Using a single brand has allowed us to execute
successful national marketing campaigns and online marketing practices.
We evaluate a number of factors in determining which geographic markets to
enter and remain in, as well as which consumer segments to target with our homebuilding
activities. We attempt to anticipate changes in economic and real estate conditions
by evaluating statistical information such as the historical and projected growth
of the population; the number of new jobs created or projected to be created;
the number of housing starts in previous periods; building lot availability
and price; housing inventory; level of competition; and home sale absorption
rates.
We generally seek to differentiate ourselves from our competition in a particular
market with respect to customer service, product type, incorporating energy
efficient features and design and construction quality. We maintain the flexibility
to alter our product mix within a given market, depending on market conditions.
In determining our product mix, we consider demographic trends, demand for a
particular type of product, consumer preferences, margins, timing and the economic
strength of the market. Although some of our homes are priced at the upper end
of the market and we offer a selection of amenities and home customization options,
we generally do not build “custom homes.” We aim to create efficiencies
by using standardized design plans whenever possible. In all of our home offerings,
we attempt to maximize customer satisfaction by incorporating quality and energy-efficient
materials, distinctive design features, convenient locations and competitive
prices.
Company Address: 2002 Summit Boulevard NE Atlanta 30319 GA
Company Phone Number: 829-3700 Stock Exchange / Ticker: NYSE BZH
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Customers Net Income fell by |
BZH's Customers Net Profit Margin fell to |
-43.55 % |
11.07 %
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Stock Performances by Major Competitors |
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Financing Agreement
Published Fri, Mar 15 2024 2:25 PM UTC
Beazer Homes Closes $250 Million Senior Unsecured Notes Offering, Strengthening Financial Position for Future Growth In a recent announcement, Beazer Homes USA, Inc. (NYSE: BZH) disclosed the successful completion of its offering for $250 million aggregate principal amount of 7.500% Senior Unsecured Notes due in 2031. The company undertook a private offering, exempt from...
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Financing Agreement
Published Tue, Mar 12 2024 1:05 PM UTC
Beazer Homes Proposes Offering of $250 Million Senior Unsecured Notes Due 2031 In a recent announcement, Beazer Homes USA, Inc. (NYSE: BZH) revealed its plans to issue $250 million aggregate principal amount of Senior Unsecured Notes due 2031, as part of a private offering exempt from the registration requirements of the Securities Act of 1933. The company intends to off...
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Beazer Homes Usa Inc
Beazer Homes USA, a leading construction services company, recently released its financial results for the fiscal period ending December 31, 2023, showcasing a drop in revenue and earnings. However, the company's performance in the first quarter of 2024 indicates a potential recovery. Despite facing challenges, Beazer Homes USA remains optimistic about future growth opportunities. Key Points: 1. Decline in Financial Performance: In the fiscal period closing December 31, 2023, Beazer Homes USA witnessed a decrease of -12.5% in income, resulting in $0.70 per share. Revenue also experienced a decline of -13.043% year-on-year, amounting to $386.73 million compared to $444.74 million in the same period the previous year. 2. Revenue Growth in Q1 2024: The Construction Services industry as a whole experienced a rise in revenue in the first quarter of 2024. Although the company's profit dropped by -61.05% from $1.80 per share, revenue tumbled by -40.035% from $644.93 million. 3. Net Profits in Q1 2024: During the first quarter of 2024, Beazer Homes USA recorded net profits of $21.728 million, indicating a decline of -10.7% from $24.331 million in the corresponding period a year earlier. 4. Margin Analysis: Despite a decrease in operating margin to 5.24% in Q1 2024, the company's net margin actually improved to 5.62%. This suggests that Beazer Homes USA was able to effectively manage its costs and generate higher profits. 5. Increase in Inventories: Beazer Homes USA experienced a notable build-up in inventories, with the level of inventories and supplies reaching $1,953.6 million. This is higher than the preceding quarter and the corresponding period in the previous year, indicating potential for future growth. 6. Accounts Receivable: The company's accounts receivable were valued at $65.3 million in Q1 2024, higher than the preceding quarter. This increase is seen as a positive signal, indicating rising demand for Beazer Homes USA's services. 7. CEO's Optimism: Allan P. Merrill, Chairman and CEO of Beazer Homes USA, acknowledged the decline in mortgage rates and expressed optimism regarding the company's strong first-quarter results. Merrill highlighted higher sales pace and greater community count as factors contributing to the significant growth in net new orders compared to the previous year. 8. Stock Performance: Over the past five trading days, Beazer Homes USA's shares have declined by -4.3%, leading to a year-to-date performance of -3.9%. The company's shares are currently trading on the NYSE, showing a 31.8% increase above its 52-week average.
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Beazer Homes Usa Inc
As I analyze the financial results of Beazer Homes USA Inc for the fiscal interval of July to September 30, 2023, it is evident that the company has experienced some significant fluctuations in key metrics. The EPS dropped by -36.32% to $1.80 per share, compared to $2.82 a year ago. However, the income grew by 26.55% from $1.42 per share in the prior reporting period. One of the most notable changes is the decline in revenue, which crumbled by -21.798% to $644.93 million from $824.70 million in the corresponding period last year. However, it is worth acknowledging that there was a sequential revenue increase of 12.705% from $572.23 million. This drop in business is concerning, especially when compared to the revenue growth recorded in the Construction Services sector.
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Beazer Homes Usa Inc
Beazer Homes USA Inc, a leading Construction Services company, has recently released its financial results for the third quarter of 2023. While the company experienced a decline in share prices over the past 5 trading days, its year-to-date performance remains impressive at 113.05%. This article will evaluate the financial results and discuss how these figures may impact the company's future prospects. 1. Declining Shares and Short Gap from 52-Week High: Beazer Homes USA Inc shares declined by -4.54% over the past 5 trading days. Moreover, the company's shares are currently 6.1% short of their 52-week high. This decline can be attributed to various factors, such as market sentiments and macroeconomic trends, which could impact the company's valuation and investor confidence.
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Per Share |
Current |
Earnings (TTM) |
5.05 $ |
Revenues (TTM) |
69.32 $
|
Cash Flow (TTM) |
- |
Cash |
3.36 $
|
Book Value |
36.18 $
|
Dividend (TTM) |
0 $ |
|
Per Share |
|
Earnings (TTM) |
5.05 $
|
Revenues (TTM) |
69.32 $ |
Cash Flow (TTM) |
- |
Cash |
3.36 $
|
Book Value |
36.18 $ |
Dividend (TTM) |
0 $ |
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