Intrinsic value of Beazer Homes USA - BZH

Previous Close

$16.83

  Intrinsic Value

$12.54

stock screener

  Rating & Target

sell

-25%

Previous close

$16.83

 
Intrinsic value

$12.54

 
Up/down potential

-25%

 
Rating

sell

*Intrinsic value change (in %) minus stock price change (in %) in the past 12 months.

We calculate the intrinsic value of BZH stock by summing up the current values of future distributable cash flows generated by the company and dividing the sum by the number of outstanding shares. As such, the intrinsic value calculation depends entirely on projections. The more accurate your projections of the company's performance are - the more reliable is the intrinsic value calculation result. Please make sure to check the stock valuation input data below and adjust it if necessary. The quality of the output (intrinsic valuation result) is only as good as the quality of the input. See also DISCLAIMERS.

Please visit our new site that uses elements of artificial intelligence for stock valuation: artificial intelligence value of Beazer Homes USA (BZH) stock.

STOCK VALUATION INPUT DATA

Initial revenue growth rate, %
Terminal revenue growth rate, %
Revenue decline factor
Initial discount rate, %
Discount rate multiplier
Shares outstanding, mln

 

FINANCIAL STATEMENTS FORECAST and PRESENT VALUE CALCULATION

Fiscal year
2017(a)
   2018
   2019
   2020
   2021
   2022
   2023
   2024
   2025
   2026
   2027
   2028
   2029
   2030
   2031
   2032
   2033
   2034
   2035
   2036
   2037
   2038
   2039
   2040
   2041
   2042
   2043
   2044
   2045
   2046
   2047

INCOME STATEMENT

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Revenue growth rate, %
  5.16
  6.50
  6.35
  6.21
  6.09
  5.98
  5.89
  5.80
  5.72
  5.65
  5.58
  5.52
  5.47
  5.42
  5.38
  5.34
  5.31
  5.28
  5.25
  5.23
  5.20
  5.18
  5.16
  5.15
  5.13
  5.12
  5.11
  5.10
  5.09
  5.08
  5.07
Revenue, $m
  1,916
  2,041
  2,170
  2,305
  2,445
  2,592
  2,744
  2,903
  3,069
  3,243
  3,424
  3,613
  3,810
  4,017
  4,233
  4,459
  4,696
  4,944
  5,204
  5,476
  5,760
  6,059
  6,372
  6,700
  7,044
  7,404
  7,783
  8,179
  8,595
  9,032
  9,490
Variable operating expenses, $m
 
  1,975
  2,101
  2,231
  2,367
  2,509
  2,657
  2,811
  2,971
  3,139
  3,314
  3,497
  3,688
  3,889
  4,098
  4,317
  4,546
  4,786
  5,037
  5,300
  5,576
  5,865
  6,168
  6,485
  6,818
  7,167
  7,533
  7,917
  8,320
  8,743
  9,186
Fixed operating expenses, $m
 
  12
  13
  13
  13
  14
  14
  14
  15
  15
  15
  16
  16
  17
  17
  17
  18
  18
  19
  19
  20
  20
  21
  21
  22
  22
  23
  23
  24
  25
  25
Total operating expenses, $m
  1,867
  1,987
  2,114
  2,244
  2,380
  2,523
  2,671
  2,825
  2,986
  3,154
  3,329
  3,513
  3,704
  3,906
  4,115
  4,334
  4,564
  4,804
  5,056
  5,319
  5,596
  5,885
  6,189
  6,506
  6,840
  7,189
  7,556
  7,940
  8,344
  8,768
  9,211
Operating income, $m
  50
  53
  57
  61
  65
  69
  74
  79
  84
  89
  94
  100
  106
  112
  119
  125
  132
  140
  148
  156
  165
  174
  183
  193
  204
  215
  226
  238
  251
  264
  279
EBITDA, $m
  64
  57
  61
  65
  70
  75
  79
  84
  90
  95
  101
  107
  113
  120
  127
  134
  142
  150
  158
  167
  176
  186
  196
  207
  218
  229
  242
  255
  268
  283
  297
Interest expense (income), $m
  100
  100
  107
  115
  123
  131
  140
  150
  159
  169
  180
  190
  202
  214
  226
  239
  253
  267
  282
  298
  314
  331
  349
  368
  388
  409
  430
  453
  477
  502
  528
Earnings before tax, $m
  35
  -47
  -50
  -54
  -58
  -62
  -66
  -71
  -75
  -80
  -85
  -91
  -96
  -102
  -108
  -114
  -120
  -127
  -134
  -142
  -149
  -158
  -166
  -175
  -184
  -194
  -204
  -215
  -226
  -238
  -250
Tax expense, $m
  3
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Net income, $m
  32
  -47
  -50
  -54
  -58
  -62
  -66
  -71
  -75
  -80
  -85
  -91
  -96
  -102
  -108
  -114
  -120
  -127
  -134
  -142
  -149
  -158
  -166
  -175
  -184
  -194
  -204
  -215
  -226
  -238
  -250

BALANCE SHEET

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Cash and short-term investments, $m
  292
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Total assets, $m
  2,221
  2,055
  2,185
  2,321
  2,463
  2,610
  2,764
  2,924
  3,091
  3,266
  3,448
  3,638
  3,837
  4,045
  4,263
  4,491
  4,729
  4,979
  5,240
  5,514
  5,801
  6,102
  6,417
  6,747
  7,093
  7,457
  7,837
  8,237
  8,656
  9,095
  9,557
Adjusted assets (=assets-cash), $m
  1,929
  2,055
  2,185
  2,321
  2,463
  2,610
  2,764
  2,924
  3,091
  3,266
  3,448
  3,638
  3,837
  4,045
  4,263
  4,491
  4,729
  4,979
  5,240
  5,514
  5,801
  6,102
  6,417
  6,747
  7,093
  7,457
  7,837
  8,237
  8,656
  9,095
  9,557
Revenue / Adjusted assets
  0.993
  0.993
  0.993
  0.993
  0.993
  0.993
  0.993
  0.993
  0.993
  0.993
  0.993
  0.993
  0.993
  0.993
  0.993
  0.993
  0.993
  0.993
  0.993
  0.993
  0.993
  0.993
  0.993
  0.993
  0.993
  0.993
  0.993
  0.993
  0.993
  0.993
  0.993
Average production assets, $m
  19
  20
  22
  23
  24
  26
  27
  29
  31
  32
  34
  36
  38
  40
  42
  45
  47
  49
  52
  55
  58
  61
  64
  67
  70
  74
  78
  82
  86
  90
  95
Working capital, $m
  0
  -310
  -330
  -350
  -372
  -394
  -417
  -441
  -467
  -493
  -520
  -549
  -579
  -611
  -643
  -678
  -714
  -751
  -791
  -832
  -876
  -921
  -969
  -1,018
  -1,071
  -1,125
  -1,183
  -1,243
  -1,306
  -1,373
  -1,442
Total debt, $m
  1,327
  1,428
  1,532
  1,640
  1,753
  1,871
  1,993
  2,121
  2,255
  2,394
  2,539
  2,691
  2,850
  3,016
  3,190
  3,372
  3,562
  3,761
  3,970
  4,188
  4,417
  4,657
  4,909
  5,172
  5,449
  5,738
  6,042
  6,361
  6,695
  7,046
  7,414
Total liabilities, $m
  1,539
  1,640
  1,744
  1,852
  1,965
  2,083
  2,205
  2,333
  2,467
  2,606
  2,751
  2,903
  3,062
  3,228
  3,402
  3,584
  3,774
  3,973
  4,182
  4,400
  4,629
  4,869
  5,121
  5,384
  5,661
  5,950
  6,254
  6,573
  6,907
  7,258
  7,626
Total equity, $m
  682
  415
  441
  469
  497
  527
  558
  591
  624
  660
  696
  735
  775
  817
  861
  907
  955
  1,006
  1,059
  1,114
  1,172
  1,233
  1,296
  1,363
  1,433
  1,506
  1,583
  1,664
  1,748
  1,837
  1,930
Total liabilities and equity, $m
  2,221
  2,055
  2,185
  2,321
  2,462
  2,610
  2,763
  2,924
  3,091
  3,266
  3,447
  3,638
  3,837
  4,045
  4,263
  4,491
  4,729
  4,979
  5,241
  5,514
  5,801
  6,102
  6,417
  6,747
  7,094
  7,456
  7,837
  8,237
  8,655
  9,095
  9,556
Debt-to-equity ratio
  1.946
  3.440
  3.470
  3.500
  3.520
  3.550
  3.570
  3.590
  3.610
  3.630
  3.650
  3.660
  3.680
  3.690
  3.700
  3.720
  3.730
  3.740
  3.750
  3.760
  3.770
  3.780
  3.790
  3.790
  3.800
  3.810
  3.820
  3.820
  3.830
  3.840
  3.840
Adjusted equity ratio
  0.202
  0.202
  0.202
  0.202
  0.202
  0.202
  0.202
  0.202
  0.202
  0.202
  0.202
  0.202
  0.202
  0.202
  0.202
  0.202
  0.202
  0.202
  0.202
  0.202
  0.202
  0.202
  0.202
  0.202
  0.202
  0.202
  0.202
  0.202
  0.202
  0.202
  0.202

CASH FLOW

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Net income, $m
  32
  -47
  -50
  -54
  -58
  -62
  -66
  -71
  -75
  -80
  -85
  -91
  -96
  -102
  -108
  -114
  -120
  -127
  -134
  -142
  -149
  -158
  -166
  -175
  -184
  -194
  -204
  -215
  -226
  -238
  -250
Depreciation, amort., depletion, $m
  14
  4
  4
  5
  5
  5
  5
  6
  6
  6
  7
  7
  8
  8
  8
  9
  9
  10
  10
  11
  12
  12
  13
  13
  14
  15
  16
  16
  17
  18
  19
Funds from operations, $m
  129
  -42
  -46
  -49
  -53
  -57
  -61
  -65
  -69
  -74
  -78
  -83
  -88
  -94
  -99
  -105
  -111
  -117
  -124
  -131
  -138
  -145
  -153
  -162
  -170
  -179
  -189
  -198
  -209
  -220
  -231
Change in working capital, $m
  33
  -19
  -20
  -21
  -21
  -22
  -23
  -24
  -25
  -26
  -28
  -29
  -30
  -31
  -33
  -34
  -36
  -38
  -39
  -41
  -43
  -45
  -48
  -50
  -52
  -55
  -57
  -60
  -63
  -66
  -70
Cash from operations, $m
  96
  -24
  -26
  -29
  -32
  -35
  -38
  -41
  -44
  -47
  -51
  -55
  -58
  -62
  -66
  -71
  -75
  -80
  -84
  -89
  -95
  -100
  -106
  -112
  -118
  -124
  -131
  -138
  -146
  -153
  -161
Maintenance CAPEX, $m
  0
  -4
  -4
  -4
  -5
  -5
  -5
  -5
  -6
  -6
  -6
  -7
  -7
  -8
  -8
  -8
  -9
  -9
  -10
  -10
  -11
  -12
  -12
  -13
  -13
  -14
  -15
  -16
  -16
  -17
  -18
New CAPEX, $m
  -12
  -2
  -1
  -1
  -1
  -1
  -2
  -2
  -2
  -2
  -2
  -2
  -2
  -2
  -2
  -2
  -2
  -2
  -3
  -3
  -3
  -3
  -3
  -3
  -3
  -4
  -4
  -4
  -4
  -4
  -5
Cash from investing activities, $m
  -14
  -6
  -5
  -5
  -6
  -6
  -7
  -7
  -8
  -8
  -8
  -9
  -9
  -10
  -10
  -10
  -11
  -11
  -13
  -13
  -14
  -15
  -15
  -16
  -16
  -18
  -19
  -20
  -20
  -21
  -23
Free cash flow, $m
  82
  -29
  -32
  -35
  -38
  -41
  -44
  -48
  -52
  -55
  -59
  -63
  -68
  -72
  -77
  -81
  -86
  -92
  -97
  -103
  -108
  -115
  -121
  -128
  -135
  -142
  -150
  -158
  -166
  -175
  -184
Issuance/(repayment) of debt, $m
  -15
  101
  104
  108
  113
  118
  123
  128
  133
  139
  145
  152
  159
  166
  174
  182
  190
  199
  209
  219
  229
  240
  251
  264
  276
  290
  304
  319
  334
  351
  368
Issuance/(repurchase) of shares, $m
  0
  72
  77
  81
  87
  92
  97
  103
  109
  116
  122
  129
  136
  144
  152
  160
  169
  178
  187
  197
  207
  218
  230
  242
  254
  267
  281
  295
  311
  326
  343
Cash from financing (excl. dividends), $m  
  -21
  173
  181
  189
  200
  210
  220
  231
  242
  255
  267
  281
  295
  310
  326
  342
  359
  377
  396
  416
  436
  458
  481
  506
  530
  557
  585
  614
  645
  677
  711
Total cash flow (excl. dividends), $m
  61
  143
  149
  155
  162
  168
  176
  183
  191
  199
  208
  218
  227
  238
  249
  260
  273
  285
  299
  313
  328
  344
  360
  378
  396
  415
  435
  457
  479
  502
  527
Retained Cash Flow (-), $m
  -39
  -72
  -77
  -81
  -87
  -92
  -97
  -103
  -109
  -116
  -122
  -129
  -136
  -144
  -152
  -160
  -169
  -178
  -187
  -197
  -207
  -218
  -230
  -242
  -254
  -267
  -281
  -295
  -311
  -326
  -343
Prev. year cash balance distribution, $m
 
  292
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Cash flow adjustment, $m
 
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Cash available for distribution, $m
 
  364
  73
  74
  75
  77
  78
  80
  82
  84
  86
  89
  91
  94
  97
  100
  104
  108
  112
  116
  121
  125
  130
  136
  142
  148
  154
  161
  168
  176
  184
Discount rate, %
 
  9.40
  9.87
  10.36
  10.88
  11.43
  12.00
  12.60
  13.23
  13.89
  14.58
  15.31
  16.08
  16.88
  17.73
  18.61
  19.54
  20.52
  21.54
  22.62
  23.75
  24.94
  26.19
  27.50
  28.87
  30.32
  31.83
  33.42
  35.09
  36.85
  38.69
PV of cash for distribution, $m
 
  332
  60
  55
  50
  45
  40
  35
  30
  26
  22
  18
  15
  12
  10
  8
  6
  5
  3
  2
  2
  1
  1
  1
  0
  0
  0
  0
  0
  0
  0
Current shareholders' claim on cash, %
  100
  81.8
  66.9
  54.7
  44.7
  36.5
  29.8
  24.4
  19.9
  16.3
  13.3
  10.9
  8.9
  7.2
  5.9
  4.8
  3.9
  3.2
  2.6
  2.1
  1.8
  1.4
  1.2
  1.0
  0.8
  0.6
  0.5
  0.4
  0.3
  0.3
  0.2

Beazer Homes USA, Inc. is a geographically diversified homebuilder. As of September 30, 2016, the Company had operations in 13 states within over three geographic regions in the United States. The Company's segments include West, East and Southeast. The Company markets and sells its products through its Website, www.beazer.com; mobile site, m.beazer.com; real estate listing sites, online advertising, including search engine marketing and display advertising, social media, video, brochures, direct marketing and out-of-home advertising, including billboards and signage, as well as other activities. It offers lender choice and personalization. The Company's Choice Plans allows buyers to choose living areas, such as the kitchen and master bathroom. Its West segment includes Arizona, California, Nevada and Texas. Its East segment includes Indiana, Maryland/Delaware, Tennessee and Virginia. Its Southeast segment includes Florida, Georgia, North Carolina and South Carolina.

FINANCIAL RATIOS  of  Beazer Homes USA (BZH)

Valuation Ratios
P/E Ratio 17.6
Price to Sales 0.3
Price to Book 0.8
Price to Tangible Book
Price to Cash Flow 5.9
Price to Free Cash Flow 6.7
Growth Rates
Sales Growth Rate 5.2%
Sales - 3 Yr. Growth Rate %
EPS Growth Rate %
EPS - 3 Yr. Growth Rate %
Capital Spending Gr. Rate 0%
Cap. Spend. - 3 Yr. Gr. Rate -4.4%
Financial Strength
Quick Ratio NaN
Current Ratio NaN
LT Debt to Equity 194.6%
Total Debt to Equity 194.6%
Interest Coverage 1
Management Effectiveness
Return On Assets 5.6%
Ret/ On Assets - 3 Yr. Avg. 35%
Return On Total Capital 1.6%
Ret/ On T. Cap. - 3 Yr. Avg. 6.4%
Return On Equity 4.8%
Return On Equity - 3 Yr. Avg. 27.1%
Asset Turnover 0.9
Profitability Ratios
Gross Margin 16.3%
Gross Margin - 3 Yr. Avg. 16.5%
EBITDA Margin 7.8%
EBITDA Margin - 3 Yr. Avg. 8.8%
Operating Margin 2.6%
Oper. Margin - 3 Yr. Avg. 2.7%
Pre-Tax Margin 1.8%
Pre-Tax Margin - 3 Yr. Avg. 1.5%
Net Profit Margin 1.7%
Net Profit Margin - 3 Yr. Avg. 7.7%
Effective Tax Rate 8.6%
Eff/ Tax Rate - 3 Yr. Avg. -463.8%
Payout Ratio 0%

BZH stock valuation input parameters

Revenue. Company's revenue (or sales) is always the starting point of any cash flow forecast. In the BZH stock intrinsic value calculation we used $1916 million for the last fiscal year's total revenue generated by Beazer Homes USA. The default revenue input number comes from 2017 income statement of Beazer Homes USA. You may change it if you feel that it should be adjusted for some unusual circumstances that are not expected to be repeated in the future or if you already know (from interim financial statements, for example) that this year's revenue is going to be quite different.

Revenue growth rate. Forecasted future revenue growth rate is the most important input parameter for the intrinsic value calculation. Unlike other input parameters that are reasonably expected to be in line with their historic averages or their historic trends, the revenue growth rate by and large is a wild card: nobody really knows what the company's revenue will be in the future. Of course, the level of unpredictability is different for different industries (utility companies being the most predictable and, thus, less risky).
    We use three input parameters to forecast the revenue growth rate in our BZH stock valuation model: a) initial revenue growth rate of 6.5% whose default value is the revenue growth rate in the most recent quarter compared to the quarterly revenue a year ago; b) terminal revenue growth rate of 5% whose default value is chosen to be close to the average nominal (i.e. not adjusted for inflation) GDP growth rate; and c) revenue decline factor of 0.9, which stipulates that revenue growth rate in each forecasted year will be equal to the difference of the revenue growth rate in the preceding year and the terminal revenue growth rate multiplied by this revenue decline factor (with the passage of time the revenue growth rate will be approaching the terminal revenue growth rate, but not quite reaching it - though the difference could be infinitesimally small).
    At the revenue decline factor of 1, the future revenue growth rate is forecasted to be constant and equal to the initial revenue growth rate. The smaller the revenue decline factor, the faster the revenue growth rate will approach the terminal revenue growth.

Discount rate. The discount rate is used for determining the present value of future cash flows: future cash flows are "discounted" as at normal conditions (that translate into positive expected return on investment) one dollar today is worth more than the same dollar in the future. Unlike all other valuation models, we use variable discount rate, i.e. it increases for each consecutive year. This is done to account for higher risk of cash flows coming in further in the future.
    The initial discount rate of 9.4%, whose default value for BZH is calculated based on our internal credit rating of Beazer Homes USA, is applied to the cash flow expected to be received a year from now (well, actually, to be precise, in the financial year following the base year - the last year for which we have financial statements). For each consecutive year the discount rate is multiplied by the discount rate multiplier of 1.05, e.i. each year it increases by 5%. Feel free to change this number to correspond to your level of risk assessment of Beazer Homes USA.
    By the way, it is easy to set the discount rate to be constant (this would make comparison with other valuation models easier): just set the discount rate multiplier equal to 1 and chose the magnitude of the initial discount rate to your liking.

Variable cost ratio is the ratio of variable costs (i.e. costs that fluctuate with fluctuation of the volume of production) to the revenue expressed as a percentage. In the calculation of intrinsic value of BZH stock the variable cost ratio is equal to 96.8%.

Fixed operating expenses is just that - expenses that are not dependant on the volume of production. They are set to $12 million in the base year in the intrinsic value calculation for BZH stock. These expenses increase with the level of inflation in subsequent years.

Interest rate on debt is the average all-in rate of interest paid by the company on its debt. It is set at 7.5% for Beazer Homes USA.

Corporate tax rate of 27% is the nominal tax rate for Beazer Homes USA. In reality, companies find ways to pay much less taxes than that or not to pay them at all.

Cash flow adjustment could be used for any adjustment the investor deems necessary. Most commonly we use this field to account for stock options-related effects in excess of what is reported on the company's income statement. The cash flow adjustment is expressed as a percentage of the revenue, and in the current valuation of the BZH stock is equal to 0%.

Production assets are the company's assets used for manufacturing products or provision of services. In the valuation model input table they are expressed as a percentage of revenue and for BZH are equal to 1%.

Life of production assets of 1.3 years is the average useful life of capital assets used in Beazer Homes USA operations. It is used to calculate yearly capital expenditures needed to keep these assets in good order - we call it the maintenance CAPEX.

Working capital is the difference between the company's current assets and liabilities. In the model we use the ratio of working capital to revenue, which for BZH is equal to -15.2%. A negative number means that the company is apt at using financial resources of its suppliers and customers; a large positive number, on the other hand, means that it either provides in-kind financing to others or is not good at managing its inventories.

Book value of equity - $682 million for Beazer Homes USA - is used in calculation of the "floor" for intrinsic valuation based on the discounted cash flow (DCF) method. Even if the prospects are very bad for a company, its assets could always be sold now for their current fair market value.

Shares outstanding of 33.491 million for Beazer Homes USA is needed to calculate the intrinsic value of one share.

Market capitalization is used here only for reference purposes and as a quick check that the share price and the number of shares outstanding numbers are correct - something especially to be cognizant about at stock splits. So, the market capitalization of Beazer Homes USA at the current share price and the inputted number of shares is $0.6 billion.

RELATED COMPANIES Price Int.Val. Rating
LGIH LGI Homes 65.73 754.40  str.buy
MDC M.D.C. Holding 29.15 19.56  sell
TOL Toll Brothers 46.55 71.02  buy
KBH KB Home 29.83 91.38  str.buy
AVHI AV Homes 17.10 15.47  hold
NWHM New Home 11.45 13.47  hold
GRBK Green Brick Pa 10.85 10.35  hold
DHI D.R. Horton 44.47 62.39  buy
NVR NVR 2,998.80 3,035.12  hold

COMPANY NEWS

▶ 5 Broker-Friendly Stocks to Beat Market Blues   [Feb-12-18 08:48AM  Zacks]
▶ Beazer reports 1Q loss   [Feb-06-18 05:41PM  Associated Press]
▶ Stocks To Watch: Beazer Homes Sees RS Rating Jump To 91   [Jan-12-18 03:00AM  Investor's Business Daily]
▶ Beazer Homes Acquires Raleigh and Myrtle Beach Assets   [Dec-28-17 05:15PM  Business Wire]
▶ Is Beazer Homes USA Inc (BZH) A Sell At Its Current PE Ratio?   [Dec-01-17 01:40PM  Simply Wall St.]
▶ Beazer posts 4Q profit   [05:14AM  Associated Press]
▶ Beazer Homes Reports Significant Growth in Profitability   [Nov-14-17 04:05PM  Business Wire]
▶ Beazer Homes Plans to Expand Cliffs at Dover in Las Vegas   [Nov-03-17 09:15AM  Business Wire]
▶ Q3 Earnings Season Kicks Off: 4 Housing Picks   [Oct-13-17 04:58PM  Zacks]
▶ Here's Why Investing in EMCOR (EME) Makes Sense   [Aug-14-17 04:26PM  Zacks]
▶ Beazer posts 3Q profit   [Aug-01-17 09:33PM  Associated Press]
▶ Housing Data Drives Down Homebuilding Stocks   [Jun-16-17 10:11AM  TheStreet.com]
▶ As Hawkish Fed Hits Housing, Fannie Mae Eases Mortgage Standards   [Jun-15-17 04:15PM  Investor's Business Daily]
▶ Beazer Homes: Time To Hit The Buy Button?   [09:54AM  Barrons.com]
▶ Beazer's loss widens, but home sales rose   [01:56PM  Associated Press]
▶ 10 Best Home Builders in California   [Apr-26-17 06:20PM  Insider Monkey]
Financial statements of BZH
Follow us on:   twitter   twitter   twitter   twitter

ASSET ALLOCATION

About X-FIN       Site news       Privacy policy       Terms of use       FAQ

Copyright © X-FIN.com 2005-2018. All rigths reserved.