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 data on Tuesday, August, 7th. The company reported $1.18 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $1.32 by $0.14. The business had revenue of $1.93 billion for the quarter, compared to analysts' expectations of $2.07 billion. Beacon Roofing Supply had a return on equity of 9.94% and a net margin of 1.65%. During the same period in the previous year, the business posted $0.84 earnings per share. View Beacon Roofing Supply's Earnings History.

Beacon Roofing Supply is scheduled to release their next quarterly earnings announcement on Monday, November, 19th 2018. View Earnings Estimates for Beacon Roofing Supply.

14 analysts have issued twelve-month price objectives for Beacon Roofing Supply's stock. Their forecasts range from $40.00 to $70.00. On average, they anticipate Beacon Roofing Supply's stock price to reach $52.6429 in the next twelve months. This suggests a possible upside of 36.2% from the stock's current price. View Analyst Price Targets for Beacon Roofing Supply.

14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Beacon Roofing Supply in the last year. There are currently 1 sell rating, 5 hold ratings and 8 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Beacon Roofing Supply.

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).

Headlines about BECN stock have been trending somewhat positive on Sunday, according to Accern Sentiment Analysis. Accern identifies negative and positive media coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Beacon Roofing Supply earned a media and rumor sentiment score of 0.09 on Accern's scale. They also assigned news articles about the company an impact score of 46.48 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company's share price in the next few days. View Recent Headlines for Beacon Roofing Supply.

Beacon Roofing Supply's stock is owned by a variety of of retail and institutional investors. Top institutional investors include BlackRock Inc. (7.38%), Frontier Capital Management Co. LLC (4.77%), Dimensional Fund Advisors LP (4.03%), Jennison Associates LLC (3.28%), Fisher Asset Management LLC (2.71%) and Bank of New York Mellon Corp (2.39%). Company insiders that own Beacon Roofing Supply stock include Carl T Berquist, Cd&R Investment Associates Ix,, 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 Hood River Capital Management LLC, BlueMountain Capital Management LLC, Monarch Partners Asset Management LLC, Riverbridge Partners LLC, BNP Paribas Arbitrage SA, Waddell & Reed Financial Inc., Oak Ridge Investments LLC and PNC Financial Services Group 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 acquired by a variety of institutional investors in the last quarter, including Iridian Asset Management LLC CT, Glenmede Trust Co. NA, Bank of New York Mellon Corp, Wells Fargo & Company MN, Sapience Investments LLC, Standard Life Aberdeen plc, Baird Financial Group Inc. and Frontier Capital Management Co. LLC. Company insiders that have bought Beacon Roofing Supply stock in the last two years include Carl T Berquist, Cd&R Investment Associates Ix,, Joseph M Nowicki, 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 $38.66.

Beacon Roofing Supply has a market capitalization of $2.52 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]