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) released its quarterly earnings data on Tuesday, May, 8th. The company reported ($0.35) EPS for the quarter, missing the consensus estimate of ($0.09) by $0.26. The firm had revenue of $1.43 billion for the quarter, compared to analysts' expectations of $1.41 billion. Beacon Roofing Supply had a return on equity of 8.11% and a net margin of 1.80%. The company's revenue for the quarter was up 64.1% compared to the same quarter last year. During the same quarter in the previous year, the business earned ($0.04) earnings per share. 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 brokerages have issued 12-month price targets for Beacon Roofing Supply's shares. Their forecasts range from $53.00 to $73.00. On average, they anticipate Beacon Roofing Supply's stock price to reach $62.5556 in the next twelve months. View Analyst Ratings for Beacon Roofing Supply.

Beacon Roofing Supply saw a increase in short interest in 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 days-to-cover ratio is presently 2.8 days. Approximately 5.5% of the shares of the 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 coverage about BECN stock has been trending somewhat positive on Thursday, Accern Sentiment reports. The research firm scores the sentiment of news coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Beacon Roofing Supply earned a daily sentiment score of 0.03 on Accern's scale. They also assigned media stories about the company an impact score of 46.17 out of 100, meaning that recent news 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 variety of of institutional and retail 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 bought 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 $45.78.

Beacon Roofing Supply has a market capitalization of $3.06 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]