Recent News
August 4, 2025 — Beazer opened Summit at Montana Vista in Buckeye, Arizona, marketing solar-included homes as standard at the new community.
August 27, 2025 — A large institutional holder reduced its position in Beazer Homes, according to a public filing reported that day.
Technical Analysis
ADX & Directional Indicators: ADX at 23.47 signals an emerging trend strength. DI+ recorded a peak-and-reversal, which signals bearish directional pressure; DI- also showed a peak-and-reversal, which, by contrast, signals a reduction in negative directional pressure. The combination suggests trend strength exists but directional conviction weakened, increasing the chance of short-term chop tied to the company’s over-valued status.
MACD & Momentum: MACD stands at 0.41 below the signal line at 0.44, and the MACD trend shows a peak-and-reversal, indicating bearish momentum. That bearish momentum tempers upside potential implied by other short-term indicators and aligns with WMDST’s assessment of over-valuation.
MRO (Momentum/Regression Oscillator): MRO at -6.94 sits below zero, indicating the price trades below the MRO target and suggesting upward pressure toward that target; this creates a potential counterforce to the MACD-driven bearish momentum and supports a short-term corrective lift.
RSI: RSI at 55.34 with a peak-and-reversal signals fading relative-strength momentum. The mid-50 reading leaves room for a bounce but flags reduced upside momentum relative to the recent local peak.
Price, Moving Averages & Bollinger Bands: Price closed at $25.46 after a dip-and-reversal within the -2x standard-deviation Bollinger band, with the 12-day EMA at $25.75 and the 26-day EMA at $25.34. The 12-day EMA shows a peak-and-reversal, and price sits slightly below short-term EMA resistance, consistent with a short-lived recovery attempt against broader valuation headwinds.
Ichimoku & Breadth: Chikou span sits above the cloud and Tenkan/Kijun levels (Tenkan $25.91, Kijun $24.97) remain near the current price, which supports a near-term recovery narrative; however, the emergent ADX and weakening MACD cap conviction for sustained gains.
Volatility & Volume: 42-day beta at 2.66 and elevated short-term volume (10-day average 451,663 vs. today’s 537,090) point to amplified swings; expect sharper intraperiod moves even if directional range stays narrow relative to broader structural valuation concerns.
Fundamental Analysis
Earnings And Recent Results: For the quarter ended June 30, 2025 the company reported a net loss from continuing operations of $0.3 million and an inventory impairment/abandonment charge of $10.3 million. Management noted book value per share rose above $41 through repurchases. Reported EPS metrics in the provided data show EPS actual $0.30 versus an estimate of $0.42, an EPS surprise of -28.57%.
Profitability & Margins: Operating (EBIT) margin registers at -0.68%, which sits below the industry peer mean of 7.472% and below the industry peer median of 6.627%. Operating margin declined roughly -128.75% QoQ and -114.20% YoY on the provided change rates, underscoring recent margin compression tied to impairment and sales pace dynamics.
Growth & Revenue: Total revenue recorded $545,367,000 with YoY revenue growth showing -3.53%. Revenue trends show a QoQ decline of approximately -117.19% on the provided metric scale, reflecting the weaker sales pace noted by management in certain markets.
Liquidity & Working Capital: Cash and short-term investments total $82,932,000 with a current ratio of 10.14 and a cash ratio of 0.342. The current ratio sits above the industry peer mean of 4.75589. Cash conversion cycle runs at 407.68 days, well above the industry peer mean of 145.39 days, indicating substantial working capital tied in inventory and build cycles.
Debt & Leverage: Total debt $1,161,947,000 and net debt $1,060,241,000 produce a debt-to-assets ratio of 42.84%, above the industry peer mean of 27.492%. Debt-to-EBITDA stands at roughly 1,349.5x given the modest EBITDA base, highlighting leverage sensitivity and constrained capacity to absorb further shocks absent material EBITDA expansion or deleveraging.
Cash Flow & Free Cash: Operating cash flow for the period shows a deficit of $62,262,000 and free cash flow of -$70,228,000; free cash flow yield sits at -9.93%. Free cash metrics underscored by negative operating cash flow reinforce the valuation disconnect between market price and cash-generative realities.
Valuation Context: Forward PE at 17.75 contrasts with trailing PE of 76.11 and a forward EPS of $1.2225, signaling that consensus models expect earnings improvement versus the recent reported quarter. P/B ratio at 0.58x falls below the industry peer mean of 1.7165 and median of 1.10856. WMDST values the stock as over-valued, given persistent negative free cash flow, elevated leverage metrics, and a mixture of near-term operational pressures despite management’s book-value gains via buybacks.
MOST-RECENT QUARTERLY REPORT
| REPORT PERIOD ENDING: | 2025-06-30 |
| REPORT DATE: | 2025-07-31 |
| NEXT REPORT DATE: | 2025-10-29 |
| CASH FLOW | Begin Period Cash Flow | $ 108.5 M |
| Operating Cash Flow | $ -62.26 M | |
| Capital Expenditures | $ -7.97 M | |
| Change In Working Capital | $ -76.42 M | |
| Dividends Paid | — | |
| Cash Flow Delta | $ -18.05 M | |
| End Period Cash Flow | $ 90.4 M | |
| INCOME STATEMENT | REVENUE | |
| Total Revenue | $ 545.4 M | |
| Forward Revenue | $ -15.29 B | |
| COSTS | ||
| Cost Of Revenue | $ 472.8 M | |
| Depreciation | $ 4.6 M | |
| Depreciation and Amortization | $ 4.6 M | |
| Research and Development | — | |
| Total Operating Expenses | $ 549.1 M | |
| PROFITABILITY | ||
| Gross Profit | $ 72.6 M | |
| EBITDA | $ 861.0 K | |
| EBIT | $ -3.71 M | |
| Operating Income | $ -3.71 M | |
| Interest Income | — | |
| Interest Expense | — | |
| Net Interest Income | — | |
| Income Before Tax | $ -2.51 M | |
| Tax Provision | $ -2.18 M | |
| Tax Rate | 21.0 % | |
| Net Income | $ -324.00 K | |
| Net Income From Continuing Operations | $ -324.00 K | |
| EARNINGS | ||
| EPS Estimate | $ 0.42 | |
| EPS Actual | $ 0.30 | |
| EPS Difference | $ -0.12 | |
| EPS Surprise | -28.571 % | |
| Forward EPS | $ 1.22 | |
| BALANCE SHEET | ASSETS | |
| Total Assets | $ 2.7 B | |
| Intangible Assets | $ 11.4 M | |
| Net Tangible Assets | $ 1.2 B | |
| Total Current Assets | $ 2.5 B | |
| Cash and Short-Term Investments | $ 82.9 M | |
| Cash | $ 82.9 M | |
| Net Receivables | $ 76.1 M | |
| Inventory | $ 2.3 B | |
| Long-Term Investments | $ 41.8 M | |
| LIABILITIES | ||
| Accounts Payable | $ 184.5 M | |
| Short-Term Debt | — | |
| Total Current Liabilities | $ 242.6 M | |
| Net Debt | $ 1.1 B | |
| Total Debt | $ 1.2 B | |
| Total Liabilities | $ 1.5 B | |
| EQUITY | ||
| Total Equity | $ 1.2 B | |
| Retained Earnings | $ 393.8 M | |
| VALUATION & PER-SHARE METRICS | EQUITY & PER-SHARE METRICS | |
| Book Value Per-Share | $ 40.94 | |
| Shares Outstanding | 29.726 M | |
| Revenue Per-Share | $ 18.35 | |
| VALUATION | Market Capitalization | $ 707.1 M |
| Enterprise Value | $ 1.8 B | |
| Enterprise Multiple | 2074.498 | |
| Enterprise Multiple QoQ | 2133.734 % | |
| Enterprise Multiple YoY | 7782.097 % | |
| Enterprise Multiple IPRWA | BZH: 2074.498 high: 80.394 mean: 40.286 median: 34.768 low: -129.212 |
|
| EV/R | 3.275 | |
| CAPITAL STRUCTURE | ||
| Asset To Equity | 2.229 | |
| Asset To Liability | 1.814 | |
| Debt To Capital | 0.488 | |
| Debt To Assets | 0.428 | |
| Debt To Assets QoQ | 3.301 % | |
| Debt To Assets YoY | 101900.0 % | |
| Debt To Assets IPRWA | high: 0.56 BZH: 0.428 mean: 0.275 median: 0.255 low: 0.018 |
|
| Debt To Equity | 0.955 | |
| Debt To Equity QoQ | 6.496 % | |
| Debt To Equity YoY | 102560.215 % | |
| Debt To Equity IPRWA | high: 2.287 BZH: 0.955 mean: 0.505 median: 0.358 low: -0.375 |
|
| PRICE-BASED VALUATION | ||
| Price To Book (P/B) | 0.581 | |
| Price To Book QoQ | 8.557 % | |
| Price To Book YoY | -26.007 % | |
| Price To Book IPRWA | high: 3.537 mean: 1.716 median: 1.109 BZH: 0.581 low: 0.099 |
|
| Price To Earnings (P/E) | 76.113 | |
| Price To Earnings QoQ | 47.38 % | |
| Price To Earnings YoY | 125.001 % | |
| Price To Earnings IPRWA | high: 92.019 BZH: 76.113 mean: 52.311 median: 38.998 low: -84.24 |
|
| PE/G Ratio | -2.392 | |
| Price To Sales (P/S) | 1.297 | |
| Price To Sales QoQ | 11.521 % | |
| Price To Sales YoY | -16.525 % | |
| Price To Sales IPRWA | high: 9.816 mean: 3.066 median: 2.939 BZH: 1.297 low: 0.232 |
|
| FORWARD MULTIPLES | ||
| Forward P/E | 17.748 | |
| Forward PE/G | -0.558 | |
| Forward P/S | -0.046 | |
| EFFICIENCY | OPERATIONAL | |
| Operating Leverage | 36.162 | |
| ASSET & SALES | ||
| Asset Turnover Ratio | 0.203 | |
| Asset Turnover Ratio QoQ | -5.54 % | |
| Asset Turnover Ratio YoY | -12.833 % | |
| Asset Turnover Ratio IPRWA | high: 0.46 mean: 0.247 median: 0.227 BZH: 0.203 low: 0.004 |
|
| Receivables Turnover | 7.575 | |
| Receivables Turnover Ratio QoQ | -7.153 % | |
| Receivables Turnover Ratio YoY | -24.466 % | |
| Receivables Turnover Ratio IPRWA | high: 13.877 BZH: 7.575 mean: 2.609 median: 2.212 low: 0.34 |
|
| Inventory Turnover | 0.209 | |
| Inventory Turnover Ratio QoQ | -4.16 % | |
| Inventory Turnover Ratio YoY | -10.265 % | |
| Inventory Turnover Ratio IPRWA | high: 1.767 median: 0.785 mean: 0.702 BZH: 0.209 low: 0.208 |
|
| Days Sales Outstanding (DSO) | 12.046 | |
| CASH CYCLE | ||
| Cash Conversion Cycle Days (CCC) | 407.676 | |
| Cash Conversion Cycle Days QoQ | -14.726 % | |
| Cash Conversion Cycle Days YoY | -0.777 % | |
| Cash Conversion Cycle Days IPRWA | high: 458.012 BZH: 407.676 mean: 145.387 median: 137.679 low: -59.268 |
|
| CAPITAL DEPLOYMENT | ||
| Cash Conversion Ratio | 0.246 | |
| CapEx To Revenue | -0.015 | |
| CapEx To Depreciation | -1.743 | |
| CAPITAL, LIQUIDITY & COVERAGE | CAPITAL STRUCTURE | |
| Total Capital | $ 2.4 B | |
| Net Invested Capital | $ 2.4 B | |
| Invested Capital | $ 2.4 B | |
| Net Tangible Assets | $ 1.2 B | |
| Net Working Capital | $ 2.2 B | |
| LIQUIDITY | ||
| Cash Ratio | 0.342 | |
| Current Ratio | 10.142 | |
| Current Ratio QoQ | 5.575 % | |
| Current Ratio YoY | 9.701 % | |
| Current Ratio IPRWA | high: 13.455 BZH: 10.142 mean: 4.756 median: 2.126 low: 0.847 |
|
| Quick Ratio | 0.693 | |
| Quick Ratio QoQ | -1.427 % | |
| Quick Ratio YoY | 0.686 % | |
| Quick Ratio IPRWA | high: 3.567 mean: 1.487 median: 1.176 BZH: 0.693 low: 0.226 |
|
| COVERAGE & LEVERAGE | ||
| Debt To EBITDA | 1349.532 | |
| Cost Of Debt | 0.781 % | |
| Interest Coverage Ratio | -0.332 | |
| Interest Coverage Ratio QoQ | -127.751 % | |
| Interest Coverage Ratio YoY | -113.007 % | |
| Interest Coverage Ratio IPRWA | high: 35.712 mean: 13.576 median: 8.095 BZH: -0.332 low: -43.92 |
|
| Operating Cash Flow Ratio | -0.258 | |
| TIMING / LIQUIDITY | ||
| Days Payables Outstanding (DPO) | 35.117 | |
| DIVIDENDS | ||
| Dividend Coverage Ratio | — | |
| Dividend Payout Ratio | — | |
| Dividend Rate | — | |
| Dividend Yield | — | |
| PERFORMANCE | GROWTH | |
| Asset Growth Rate | 2.169 % | |
| Revenue Growth | -3.533 % | |
| Revenue Growth QoQ | -117.19 % | |
| Revenue Growth YoY | -135.337 % | |
| Revenue Growth IPRWA | high: 32.726 % mean: 10.198 % median: 9.902 % BZH: -3.533 % low: -18.327 % |
|
| Earnings Growth | -31.818 % | |
| Earnings Growth QoQ | -109.943 % | |
| Earnings Growth YoY | 5.501 % | |
| Earnings Growth IPRWA | high: 100.0 % median: 20.71 % mean: 12.715 % BZH: -31.818 % low: -250.0 % |
|
| MARGINS | ||
| Gross Margin | 13.308 % | |
| Gross Margin QoQ | -12.516 % | |
| Gross Margin YoY | -23.261 % | |
| Gross Margin IPRWA | high: 100.0 % mean: 24.394 % median: 21.987 % BZH: 13.308 % low: 0.657 % |
|
| EBIT Margin | -0.68 % | |
| EBIT Margin QoQ | -128.753 % | |
| EBIT Margin YoY | -114.202 % | |
| EBIT Margin IPRWA | high: 46.356 % mean: 7.472 % median: 6.627 % BZH: -0.68 % low: -34.573 % |
|
| Return On Sales (ROS) | -0.68 % | |
| Return On Sales QoQ | -128.753 % | |
| Return On Sales YoY | -114.202 % | |
| Return On Sales IPRWA | high: 19.96 % mean: 7.292 % median: 6.734 % BZH: -0.68 % low: -34.007 % |
|
| CASH FLOW | ||
| Free Cash Flow (FCF) | $ -70.23 M | |
| Free Cash Flow Yield | -9.931 % | |
| Free Cash Flow Yield QoQ | 1380.03 % | |
| Free Cash Flow Yield YoY | 3.718 % | |
| Free Cash Flow Yield IPRWA | high: 23.166 % median: 1.701 % mean: 1.552 % BZH: -9.931 % low: -16.507 % |
|
| Free Cash Growth | 1492.111 % | |
| Free Cash Growth QoQ | -1633.201 % | |
| Free Cash Growth YoY | 333.543 % | |
| Free Cash Growth IPRWA | BZH: 1492.111 % high: 179.315 % median: -114.395 % mean: -126.486 % low: -276.962 % |
|
| Free Cash To Net Income | 216.753 | |
| Cash Flow Margin | -11.47 % | |
| Cash Flow To Earnings | 193.071 | |
| VALUE & RETURNS | ||
| Economic Value Added | $ 0.02 | |
| Return On Assets (ROA) | -0.012 % | |
| Return On Assets QoQ | -102.469 % | |
| Return On Assets YoY | -101.127 % | |
| Return On Assets IPRWA | high: 8.328 % mean: 1.153 % median: 1.078 % BZH: -0.012 % low: -10.206 % |
|
| Return On Capital Employed (ROCE) | -0.15 % | |
| Return On Equity (ROE) | -0.0 | |
| Return On Equity QoQ | -102.596 % | |
| Return On Equity YoY | -101.169 % | |
| Return On Equity IPRWA | high: 0.061 median: 0.025 mean: 0.023 BZH: -0.0 low: -0.214 |
|
| DuPont ROE | -0.026 % | |
| Return On Invested Capital (ROIC) | -0.124 % | |
| Return On Invested Capital QoQ | -123.755 % | |
| Return On Invested Capital YoY | -99.658 % | |
| Return On Invested Capital IPRWA | high: 4.428 % median: 2.07 % mean: 1.82 % BZH: -0.124 % low: -11.38 % |
|