Beacon Roofing Supply, Berkshire Hathaway, and Caterpillar are the three Construction stocks to watch today, according to MarketBeat's stock screener tool. Construction stocks are publicly traded shares of companies engaged in the planning, building and maintenance of residential, commercial and civil engineering projects. Their performance tends to ebb and flow with economic cycles, interest‐rate movements and government infrastructure spending. Investors often watch construction stocks as a barometer of broader economic health and real‐estate demand. These companies had the highest dollar trading volume of any Construction stocks within the last several days.
Beacon Roofing Supply (BECN)
Beacon Roofing Supply, Inc., together with its subsidiaries, engages in the distribution of residential and non-residential roofing materials, and complementary building products to contractors, home builders, building owners, lumberyards, and retailers in the United States and Canada. The company offers pitched roofing and low slope roof products; gutters and sidings; building materials, such as lumber and composite, skylights and window, plywood and OSB, decking and railing, and HVAC products; and foam board, spray foam, roll, batt, mineral wool, fiberglass, and commercial insulation products, as well as radiant barriers and blown-in insulation and equipment.
Shares of BECN traded up $0.03 during midday trading on Tuesday, reaching $124.22. 8,316,564 shares of the stock were exchanged, compared to its average volume of 1,186,515. The company has a quick ratio of 1.14, a current ratio of 1.91 and a debt-to-equity ratio of 1.60. Beacon Roofing Supply has a twelve month low of $77.54 and a twelve month high of $124.31. The stock's 50 day simple moving average is $120.69 and its 200 day simple moving average is $111.87. The company has a market cap of $7.68 billion, a P/E ratio of 21.23 and a beta of 1.31.
Read Our Latest Research Report on BECN
Berkshire Hathaway (BRK.B)
Berkshire Hathaway Inc., through its subsidiaries, engages in the insurance, freight rail transportation, and utility businesses worldwide. The company provides property, casualty, life, accident, and health insurance and reinsurance; and operates railroad systems in North America. It also generates, transmits, stores, and distributes electricity from natural gas, coal, wind, solar, hydroelectric, nuclear, and geothermal sources; operates natural gas distribution and storage facilities, interstate pipelines, liquefied natural gas facilities, and compressor and meter stations; and holds interest in coal mining assets.
Berkshire Hathaway stock traded up $3.00 during trading hours on Tuesday, reaching $533.94. 1,820,654 shares of the stock were exchanged, compared to its average volume of 4,127,241. Berkshire Hathaway has a twelve month low of $396.35 and a twelve month high of $539.00. The company has a market cap of $1.15 trillion, a P/E ratio of 10.79, a price-to-earnings-growth ratio of 3.45 and a beta of 0.80. The stock has a 50 day moving average of $513.84 and a two-hundred day moving average of $481.15.
Read Our Latest Research Report on BRK.B
Caterpillar (CAT)
Caterpillar Inc. manufactures and sells construction and mining equipment, off-highway diesel and natural gas engines, industrial gas turbines, and diesel-electric locomotives in worldwide. Its Construction Industries segment offers asphalt pavers, compactors, road reclaimers, forestry machines, cold planers, material handlers, track-type tractors, excavators, telehandlers, motor graders, and pipelayers; compact track, wheel, track-type, backhoe, and skid steer loaders; and related parts and tools.
NYSE:CAT traded up $1.16 on Tuesday, hitting $308.22. The company had a trading volume of 1,461,551 shares, compared to its average volume of 2,615,929. The company has a current ratio of 1.42, a quick ratio of 0.89 and a debt-to-equity ratio of 1.40. Caterpillar has a 52 week low of $267.30 and a 52 week high of $418.50. The stock has a market capitalization of $147.31 billion, a price-to-earnings ratio of 13.96, a PEG ratio of 1.87 and a beta of 1.21. The firm has a 50 day moving average of $320.49 and a two-hundred day moving average of $359.48.
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Further Reading
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