Beazer Homes (BZH) in Focus: Stock Tumbles 9.3% – Tale of the Tape

This breaks the recent trend of the company, as the stock is now trading below the volatile price range of $18.79 to $18.49 since Dec 30.

Although this slump was obviously disappointing, the residential construction company has seen positive revision and its current year earnings consensus has moved higher over the past few weeks. This suggests that the recent slump might be a temporary blip on the radar for BZH. So make sure to keep an eye on this stock going forward to see if yesterday’s price decline is confirmed by more weakness, or if it can rebound in the weeks ahead.

BZH currently has a Zacks Rank #3 (Hold) while its Earnings ESP is negative.

A better-ranked stock in the same sector is DR Horton Inc. (DHI), holding a Zacks Rank #2 (Buy).

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