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 quarterly earnings results on Thursday, February, 7th. The company reported $0.60 EPS for the quarter, topping analysts' consensus estimates of $0.56 by $0.04. The company earned $1.72 billion during the quarter, compared to analyst estimates 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 quarterly revenue was up 53.5% compared to the same quarter last year. During the same period in the previous year, the company 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 14th 2019. View Earnings Estimates for Beacon Roofing Supply.

Beacon Roofing Supply updated its FY19 earnings guidance on Thursday, February, 7th. The company provided earnings per share guidance of $2.90-3.35 for the period, compared to the Thomson Reuters consensus estimate of $3.06. The company issued revenue guidance of $7.00-7.35 billion, compared to the consensus revenue estimate of $7.13 billion.

16 analysts have issued 1-year price objectives for Beacon Roofing Supply's stock. Their predictions range from $29.00 to $61.00. On average, they anticipate Beacon Roofing Supply's share price to reach $40.40 in the next year. This suggests a possible upside of 8.4% from the stock's current price. View Analyst Price Targets for Beacon Roofing Supply.

16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Beacon Roofing Supply in the last year. There are currently 10 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 trended negative this week, according to InfoTrie Sentiment. InfoTrie scores the sentiment of press coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Beacon Roofing Supply earned a media sentiment score of -2.8 on InfoTrie's scale. They also gave news coverage about the company a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an impact on the company's share price in the immediate future.

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).

Beacon Roofing Supply's stock is owned by a number of of retail and institutional investors. Top institutional investors include BlackRock Inc. (7.38%), Dimensional Fund Advisors LP (5.73%), Frontier Capital Management Co. LLC (5.56%), Jennison Associates LLC (4.34%), Fisher Asset Management LLC (2.47%) and Riverbridge Partners LLC (2.33%). 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 Bank of New York Mellon Corp, Standard Life Aberdeen plc, Rothschild & Co. Asset Management US Inc., Bank of America Corp DE, Skylands Capital LLC, Fisher Asset Management LLC, Impax Asset Management Group plc and Riverbridge Partners LLC. View Insider Buying and Selling for Beacon Roofing Supply.

BECN stock was acquired by a variety of institutional investors in the last quarter, including Dimensional Fund Advisors LP, Victory Capital Management Inc., Park Presidio Capital LLC, Millennium Management LLC, Prudential Financial Inc., Gotham Asset Management LLC, BlackRock Inc. and Private Management Group Inc.. 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 $37.26.

Beacon Roofing Supply has a market capitalization of $2.55 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]