NASDAQ:BECN - Beacon Roofing Supply Stock Price, News, & Analysis

Beacon Roofing Supply trades on the NASDAQ under the ticker symbol "BECN."

Beacon Roofing Supply, Inc. (NASDAQ:BECN) issued its earnings results on Thursday, February, 7th. The company reported $0.60 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.56 by $0.04. The company earned $1.72 billion during the quarter, compared to the consensus estimate of $1.66 billion. Beacon Roofing Supply had a return on equity of 11.19% and a net margin of 0.43%. The company's revenue was up 53.5% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.68 earnings per share. View Beacon Roofing Supply's Earnings History.

Beacon Roofing Supply is scheduled to release their next quarterly earnings announcement on Tuesday, May 7th 2019. View Earnings Estimates for Beacon Roofing Supply.

Beacon Roofing Supply updated its second quarter earnings guidance on Monday, March, 25th. The company provided EPS guidance of ($0.55-0.45) for the period, compared to the Thomson Reuters consensus earnings per share estimate of ($0.25).

17 Wall Street analysts have issued 1-year price targets for Beacon Roofing Supply's shares. Their forecasts range from $30.00 to $61.00. On average, they expect Beacon Roofing Supply's share price to reach $40.0625 in the next twelve months. This suggests a possible upside of 3.3% from the stock's current price. View Analyst Price Targets for Beacon Roofing Supply.

17 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Beacon Roofing Supply in the last year. There are currently 11 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Beacon Roofing Supply.

Media headlines about BECN stock have been trending neutral this week, InfoTrie Sentiment Analysis reports. The research group rates the sentiment of media coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Beacon Roofing Supply earned a media sentiment score of 0.4 on InfoTrie's scale. They also assigned media stories about the company a news buzz of 1.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the stock's share price in the next few days.

Some companies that are related to Beacon Roofing Supply include Boise Cascade (BCC), GMS (GMS), Foundation Building Materials (FBM), Aspen Aerogels (ASPN) and Huttig Building Products (HBP).

Based on aggregate information from My MarketBeat watchlists, some companies that other Beacon Roofing Supply investors own include Micron Technology (MU), Celgene (CELG), Intel (INTC), GW Pharmaceuticals PLC- (GWPH), NVIDIA (NVDA), QUALCOMM (QCOM), Skyworks Solutions (SWKS), Caterpillar (CAT), Twitter (TWTR) and Adobe (ADBE).

Beacon Roofing Supply's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Riverbridge Partners LLC (1.23%), Dudley & Shanley Inc. (1.11%), Skyline Asset Management LP (0.48%), First Manhattan Co. (0.39%), FNY Investment Advisers LLC (0.00%) and Strs Ohio (0.00%). Company insiders that own Beacon Roofing Supply stock include Carl T Berquist, Cd&R Investment Associates Ix,, Christopher Anthony Harrison, Joseph M Nowicki, Paul Isabella, Philip Knisely, Richard W Frost and Ross D Cooper. View Institutional Ownership Trends for Beacon Roofing Supply.

BECN stock was sold by a variety of institutional investors in the last quarter, including Riverbridge Partners LLC, Skyline Asset Management LP, First Manhattan Co., Dudley & Shanley Inc. and Strs Ohio. View Insider Buying and Selling for Beacon Roofing Supply.

BECN stock was bought by a variety of institutional investors in the last quarter, including FNY Investment Advisers LLC. Company insiders that have bought Beacon Roofing Supply stock in the last two years include Carl T Berquist, Cd&R Investment Associates Ix,, Christopher Anthony Harrison, Joseph M Nowicki, Paul Isabella, Philip Knisely and Richard W Frost. View Insider Buying and Selling for Beacon Roofing Supply.

Shares of BECN can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of BECN stock can currently be purchased for approximately $38.80.

Beacon Roofing Supply has a market capitalization of $2.66 billion and generates $6.42 billion in revenue each year. The company earns $98.62 million in net income (profit) each year or $2.70 on an earnings per share basis. Beacon Roofing Supply employs 8,356 workers across the globe.

The official website for Beacon Roofing Supply is http://www.beaconroofingsupply.com.

Beacon Roofing Supply's mailing address is 505 Huntmar Park Drive Suite 300, Herndon VA, 20170. The company can be reached via phone at 571-323-3939 or via email at [email protected]