NASDAQ:BECN - Beacon Roofing Supply Stock Price, Price Target & More

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

Beacon Roofing Supply, Inc. (NASDAQ:BECN) posted its quarterly earnings results on Tuesday, May, 8th. The company reported ($0.35) earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of ($0.09) by $0.26. The company had revenue of $1.43 billion for the quarter, compared to the consensus estimate of $1.41 billion. Beacon Roofing Supply had a net margin of 1.80% and a return on equity of 8.11%. The business's revenue was up 64.1% on a year-over-year basis. During the same period in the prior year, the firm posted ($0.04) EPS. View Beacon Roofing Supply's Earnings History.

Beacon Roofing Supply is scheduled to release their next quarterly earnings announcement on Tuesday, July, 31st 2018. View Earnings Estimates for Beacon Roofing Supply.

10 Wall Street analysts have issued twelve-month target prices for Beacon Roofing Supply's shares. Their predictions range from $53.00 to $73.00. On average, they anticipate Beacon Roofing Supply's stock price to reach $62.5556 in the next year. View Analyst Ratings for Beacon Roofing Supply.

Beacon Roofing Supply saw a increase in short interest in the month of May. As of May 31st, there was short interest totalling 3,739,489 shares, an increase of 62.7% from the May 15th total of 2,298,552 shares. Based on an average daily volume of 1,315,106 shares, the short-interest ratio is currently 2.8 days. Currently, 5.5% of the company's stock are sold short. View Beacon Roofing Supply's Current Options Chain.

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

News stories about BECN stock have trended somewhat positive this week, according to Accern Sentiment. Accern rates the sentiment of press coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Beacon Roofing Supply earned a media sentiment score of 0.16 on Accern's scale. They also gave news coverage about the company an impact score of 46.07 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the near term.

Beacon Roofing Supply's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (7.29%), Frontier Capital Management Co. LLC (4.40%), Dimensional Fund Advisors LP (3.73%), Fisher Asset Management LLC (2.62%), Lord Abbett & CO. LLC (2.46%) and Bamco Inc. NY (1.45%). Company insiders that own Beacon Roofing Supply stock include Carl T Berquist, Joseph M Nowicki, Paul Isabella, Richard W Frost, Robert M Mclaughlin, Robert R Buck 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 Millennium Management LLC, Lord Abbett & CO. LLC, Sei Investments Co., Bamco Inc. NY, Oak Ridge Investments LLC, Hood River Capital Management LLC, Stephens Investment Management Group LLC and Franklin Resources Inc.. Company insiders that have sold Beacon Roofing Supply company stock in the last year include Paul Isabella and Ross D Cooper. View Insider Buying and Selling for Beacon Roofing Supply.

BECN stock was purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., Baird Financial Group Inc., Wells Fargo & Company MN, Monarch Partners Asset Management LLC, Schwab Charles Investment Management Inc., Fisher Asset Management LLC, Impax Asset Management LLC and Cortina Asset Management LLC. Company insiders that have bought Beacon Roofing Supply stock in the last two years include Carl T Berquist, Joseph M Nowicki, Richard W Frost and Robert M Mclaughlin. 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 $44.97.

Beacon Roofing Supply has a market capitalization of $3.11 billion and generates $4.38 billion in revenue each year. The company earns $100.86 million in net income (profit) each year or $2.18 on an earnings per share basis. Beacon Roofing Supply employs 5,406 workers across the globe.

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]