Jul 20, 2006
- The entire
homebuilding sector has been under siege for months; most days have brought
lower prices, and many stocks are now off their highs by more than 50%....
Beazer Homes
USA Inc. (BZH) designs, builds, and sells single-family homes primarily in the
USA.
Key
Information:
Fundamental:
Sector:
Industrial Goods
Industry:
Residential Construction
Liquidity:
Market
Capitalization: $1.62 billion
Average daily
volume (3-month): 1.3 million shares
Closing Stock
Price: $40.18
Risk
Proxies:
52-week high /
52-week low: 2.22
Beta: 2.64
Debt/Equity:
0.96
Profitable:
Yes
Valuation:
Price/Sales:
0.30
Price/Book:
1.03
Price/Earnings:
4.04
Price/2007
Analyst Earnings Estimates: 5.41
Forecast
Horizon: 1 week to 1 month
Technical
Analysis
The entire
homebuilding sector has been under siege for months; most days
have brought lower prices, and many stocks are now off their highs by more
than 50%.
On the backs
of positive fed comments, BZH, like most homebuilders, is now showing signs
that a short-term reversal may occur:
- Volume has recently been bullish
- The stock staged a strong rally on Wednesday
- The fast stochastic indicator crossed above the slow
stochastic indicator in oversold territory
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Key
Levels
Buy:
Market
We are
technically bullish on the stock
Stop
loss: 36.97
Slightly below
support
Target:
46.97
Slightly below
resistance
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