Shares of Beazer Homes USA Inc. (NYSE:BZH) traded today at $24.45, eclipsing its 52-week high. So far today approximately 270,000 shares have been exchanged, as compared to an average 30-day volume of 384,000 shares.
Based on a current price of $24.35, Beazer Homes USA Inc. is currently 28.5% above its average consensus analyst price target of $17.40.
Beazer Homes USA Inc is an American 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.
Over the past year, Beazer Homes USA Inc. has traded in a range of $6.29 to $24.45 and is now at $24.35, 287% above that low.
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