NASDAQ:BECN - Beacon Roofing Supply Stock Price, News, & Analysis

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$37.34 +0.60 (+1.63 %)
(As of 02/22/2019 02:44 AM ET)
Previous Close$36.74
Today's Range$36.5250 - $37.4450
52-Week Range$24.97 - $57.19
Volume597,131 shs
Average Volume832,894 shs
Market Capitalization$2.56 billion
P/E Ratio13.83
Dividend YieldN/A
Beta1.42
Beacon Roofing Supply, Inc., together with its subsidiaries, distributes residential and commercial roofing materials, and other complementary building materials to contractors, home builders, retailers, and building materials suppliers. The company's residential roofing products include asphalt shingles, synthetic slates and tiles, clay and concrete tiles, slates, nail base insulations, metal roofing, felts, synthetic underlayment, wood shingles and shakes, nails and fasteners, metal edgings and flashings, prefabricated flashings, ridges and soffit vents, and solar systems. Its non-residential roofing products comprise single-ply roofing, asphalt, metal, modified bitumen, and build-up roofing products; cements and coatings; flat stock and tapered insulations; commercial fasteners; metal edges and flashings; smoke/roof hatches; roofing tools; sheet metal products, including copper, aluminum, and steel; and PVC, thermoplastic olefin, and ethylene propylene diene monomer membrane products. The company also provides complementary building products, such as vinyl and fiber cement sidings; drywall products; acoustic tiles; stone veneers, windows, doors, skylights, and gutters and downspouts; decking and railing, water proofing, and insulation products; air barriers; and concrete restoration systems. In addition, it offers value-added services, including advice and assistance on product identification, specification, technical support, and training; job site delivery, rooftop loading, and logistical services; tapered insulation design and related layout services; metal fabrication and related metal roofing design and layout services; trade credit and online bill pay; and marketing support for contractors. As of September 30, 2017, the company operated through a network of 549 branches in 50 states of the United States and 6 provinces in Canada. Beacon Roofing Supply, Inc. was founded in 1928 and is headquartered in Herndon, Virginia.

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Industry, Sector and Symbol

Industry Lumber & other construction materials
Sub-IndustryTrading Companies & Distributors
SectorRetail/Wholesale
Current SymbolNASDAQ:BECN
CUSIP07368510
Phone571-323-3939

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$6.42 billion
Cash Flow$5.9459 per share
Book Value$27.39 per share

Profitability

Net Income$98.62 million

Miscellaneous

Employees8,356
Market Cap$2.56 billion
Next Earnings Date5/14/2019 (Estimated)
OptionableOptionable

Beacon Roofing Supply (NASDAQ:BECN) Frequently Asked Questions

What is Beacon Roofing Supply's stock symbol?

Beacon Roofing Supply trades on the NASDAQ under the ticker symbol "BECN."

How were Beacon Roofing Supply's earnings last quarter?

Beacon Roofing Supply, Inc. (NASDAQ:BECN) released its quarterly earnings results on Thursday, February, 7th. The company reported $0.60 EPS for the quarter, beating analysts' consensus estimates of $0.56 by $0.04. The business 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%. Beacon Roofing Supply's quarterly revenue was up 53.5% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.68 EPS. View Beacon Roofing Supply's Earnings History.

When is Beacon Roofing Supply's next earnings date?

Beacon Roofing Supply is scheduled to release their next quarterly earnings announcement on Tuesday, May 14th 2019. View Earnings Estimates for Beacon Roofing Supply.

What guidance has Beacon Roofing Supply issued on next quarter's earnings?

Beacon Roofing Supply updated its FY19 earnings guidance on Thursday, February, 7th. The company provided earnings per share (EPS) guidance of $2.90-3.35 for the period, compared to the Thomson Reuters consensus EPS 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.

What price target have analysts set for BECN?

16 analysts have issued 12-month target prices for Beacon Roofing Supply's stock. Their predictions range from $29.00 to $61.00. On average, they expect Beacon Roofing Supply's share price to reach $40.40 in the next year. This suggests a possible upside of 8.2% from the stock's current price. View Analyst Price Targets for Beacon Roofing Supply.

What is the consensus analysts' recommendation 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.

Has Beacon Roofing Supply been receiving favorable news coverage?

News articles about BECN stock have trended positive recently, according to InfoTrie Sentiment Analysis. InfoTrie ranks the sentiment of media coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Beacon Roofing Supply earned a media sentiment score of 2.3 on InfoTrie's scale. They also assigned news coverage about the company a news buzz of 8.0 out of 10, indicating that recent media coverage is very likely to have an effect on the stock's share price in the immediate future.

Who are some of Beacon Roofing Supply's key competitors?

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).

What other stocks do shareholders of Beacon Roofing Supply own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Beacon Roofing Supply investors own include Micron Technology (MU), Intel (INTC), QUALCOMM (QCOM), Skyworks Solutions (SWKS), Caterpillar (CAT), Celgene (CELG), GW Pharmaceuticals PLC- (GWPH), Twitter (TWTR), NVIDIA (NVDA) and Procter & Gamble (PG).

Who are Beacon Roofing Supply's key executives?

Beacon Roofing Supply's management team includes the folowing people:
  • Mr. Paul M. Isabella, CEO, Pres & Director (Age 63)
  • Mr. Joseph M. Nowicki, Exec. VP & CFO (Age 57)
  • Mr. Ross D. Cooper, Exec. VP, Gen. Counsel & Corp. Sec. (Age 53)
  • Mr. Gregory Todd Jorgensen, Chief Accounting Officer & VP
  • Mr. Christopher Nelson, Chief Information Officer & VP

Who are Beacon Roofing Supply's major shareholders?

Beacon Roofing Supply's stock is owned by many different of institutional and retail investors. Top institutional shareholders 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.

Which major investors are selling Beacon Roofing Supply stock?

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.

Which major investors are buying Beacon Roofing Supply stock?

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.

How do I buy shares of 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.

What is Beacon Roofing Supply's stock price today?

One share of BECN stock can currently be purchased for approximately $37.34.

How big of a company is Beacon Roofing Supply?

Beacon Roofing Supply has a market capitalization of $2.56 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.

What is Beacon Roofing Supply's official website?

The official website for Beacon Roofing Supply is http://www.beaconroofingsupply.com.

How can I contact Beacon Roofing Supply?

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]


MarketBeat Community Rating for Beacon Roofing Supply (NASDAQ BECN)

Community Ranking:  2.5 out of 5 (star star half star)
Outperform Votes:  304 (Vote Outperform)
Underperform Votes:  308 (Vote Underperform)
Total Votes:  612
MarketBeat's community ratings are surveys of what our community members think about Beacon Roofing Supply and other stocks. Vote "Outperform" if you believe BECN will outperform the S&P 500 over the long term. Vote "Underperform" if you believe BECN will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 2/22/2019 by MarketBeat.com Staff

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