5 Best Stocks Under $10 To Buy Right Now

3. Beazer Homes USA, Inc. (NYSE:BZH)

Share Price as of October 21: $9.95

Number of Hedge Fund Holders: 15

Beazer Homes USA, Inc. (NYSE:BZH) is one of the largest homebuilders in the United States and has a strong track record of delivering shareholder value. Beazer Homes USA, Inc. (NYSE:BZH) has a diversified portfolio of assets and a strong balance sheet. The company has a trailing twelve-month operating margin of 10% and an ROE of 23.8%. As of October 21, the stock is trading at a PE multiple of 1.64 at $9.95 a share.

Wall Street analysts are bullish on Beazer Homes USA, Inc. (NYSE:BZH). On October 18, B. Riley analyst Alex Rygiel revised his price target on Beazer Homes USA, Inc. (NYSE:BZH) to $15 from $19 and maintained a Buy rating on the shares.

At the close of Q2 2022, 15 hedge funds held stakes in Beazer Homes USA, Inc. (NYSE:BZH). The total value of these stakes amounted to $32.5 million, up from $28.2 million in the previous quarter with 14 positions. The hedge fund sentiment for the stock is positive.

As of June 30, Millennium Management is the most prominent investor in Beazer Homes USA, Inc. (NYSE:BZH) and has stakes worth $6.2 million in the company.