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Is Beazer Homes USA (BZH) Stock Outpacing Its Construction Peers This Year?

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For those looking to find strong Construction stocks, it is prudent to search for companies in the group that are outperforming their peers. Has Beazer Homes (BZH - Free Report) been one of those stocks this year? Let's take a closer look at the stock's year-to-date performance to find out.

Beazer Homes is a member of the Construction sector. This group includes 92 individual stocks and currently holds a Zacks Sector Rank of #8. The Zacks Sector Rank gauges the strength of our 16 individual sector groups by measuring the average Zacks Rank of the individual stocks within the groups.

The Zacks Rank is a proven system that emphasizes earnings estimates and estimate revisions, highlighting a variety of stocks that are displaying the right characteristics to beat the market over the next one to three months. Beazer Homes is currently sporting a Zacks Rank of #1 (Strong Buy).

Over the past three months, the Zacks Consensus Estimate for BZH's full-year earnings has moved 20.2% higher. This means that analyst sentiment is stronger and the stock's earnings outlook is improving.

According to our latest data, BZH has moved about 63.6% on a year-to-date basis. Meanwhile, stocks in the Construction group have gained about 11.4% on average. As we can see, Beazer Homes is performing better than its sector in the calendar year.

Another stock in the Construction sector, Crawford & Company B (CRD.B - Free Report) , has outperformed the sector so far this year. The stock's year-to-date return is 12.2%.

Over the past three months, Crawford & Company B's consensus EPS estimate for the current year has increased 14.9%. The stock currently has a Zacks Rank #1 (Strong Buy).

Looking more specifically, Beazer Homes belongs to the Building Products - Home Builders industry, a group that includes 16 individual stocks and currently sits at #171 in the Zacks Industry Rank. This group has lost an average of 0.5% so far this year, so BZH is performing better in this area.

Crawford & Company B, however, belongs to the Building Products - Miscellaneous industry. Currently, this 34-stock industry is ranked #107. The industry has moved +6% so far this year.

Beazer Homes and Crawford & Company B could continue their solid performance, so investors interested in Construction stocks should continue to pay close attention to these stocks.

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