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) announced its quarterly earnings data on Tuesday, May, 8th. The company reported ($0.35) earnings per share for the quarter, missing the Zacks' consensus estimate of ($0.09) by $0.26. The business earned $1.43 billion during the quarter, compared to analysts' expectations of $1.41 billion. Beacon Roofing Supply had a net margin of 1.80% and a return on equity of 8.11%. Beacon Roofing Supply's revenue for the quarter was up 64.1% compared to the same quarter last year. 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.

12 brokerages have issued 1 year price targets for Beacon Roofing Supply's shares. Their forecasts range from $53.00 to $73.00. On average, they expect Beacon Roofing Supply's share price to reach $62.2727 in the next twelve months. This suggests a possible upside of 55.1% from the stock's current price. View Analyst Ratings for Beacon Roofing Supply.

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Beacon Roofing Supply in the last year. There are currently 5 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Buy."

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 headlines about BECN stock have trended somewhat positive on Tuesday, Accern Sentiment Analysis reports. Accern identifies negative and positive press coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Beacon Roofing Supply earned a daily sentiment score of 0.19 on Accern's scale. They also gave media coverage about the company an impact score of 47.25 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company's share price in the near future.

Beacon Roofing Supply's stock is owned by a number of of institutional and retail investors. Top institutional investors include Fisher Asset Management LLC (2.71%), Riverbridge Partners LLC (1.89%), Peregrine Capital Management LLC (0.28%), SG Capital Management LLC (0.14%) and Bank of Montreal Can (0.03%). Company insiders that own Beacon Roofing Supply stock include Carl T Berquist, Joseph M Nowicki, Paul Isabella, Richard W Frost, Robert M Mclaughlin 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. 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 Peregrine Capital Management LLC, SG Capital Management LLC, Fisher Asset Management LLC and Bank of Montreal Can. 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 $40.16.

Beacon Roofing Supply has a market capitalization of $2.72 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]