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 data 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 firm had revenue of $1.43 billion for the quarter, compared to analyst estimates of $1.41 billion. Beacon Roofing Supply had a return on equity of 8.11% and a net margin of 1.80%. The business's quarterly revenue was up 64.1% on a year-over-year basis. During the same period in the previous year, the business 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, August, 7th 2018. View Earnings Estimates for Beacon Roofing Supply.

13 analysts have issued twelve-month price objectives for Beacon Roofing Supply's shares. Their forecasts range from $53.00 to $73.00. On average, they anticipate Beacon Roofing Supply's share price to reach $62.2727 in the next twelve months. This suggests a possible upside of 44.4% from the stock's current price. View Analyst Ratings for Beacon Roofing Supply.

13 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 8 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), Aspen Aerogels (ASPN) and Huttig Building Products (HBP).

Headlines about BECN stock have trended somewhat positive this week, according to Accern Sentiment Analysis. Accern identifies negative and positive press coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Beacon Roofing Supply earned a media sentiment score of 0.21 on Accern's scale. They also gave news coverage about the company an impact score of 46.12 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company's share price in the immediate future.

Beacon Roofing Supply's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Fisher Asset Management LLC (2.71%), Riverbridge Partners LLC (1.89%), Dudley & Shanley Inc. (1.11%), Peregrine Capital Management LLC (0.28%), Essex Investment Management Co. LLC (0.15%) and SG Capital Management LLC (0.14%). 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 Dudley & Shanley Inc., Peregrine Capital Management LLC, SG Capital Management LLC, Essex Investment Management Co. 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 $43.12.

Beacon Roofing Supply has a market capitalization of $2.94 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]