Beacon Roofing Supply Stock Forecast, Price & News

12 Wall Street equities research 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. The consensus among Wall Street equities research analysts is that investors should "buy" Beacon Roofing Supply stock.
View analyst ratings for Beacon Roofing Supply or view top-rated stocks.

Wall Street analysts have given Beacon Roofing Supply a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Beacon Roofing Supply wasn't one of them. MarketBeat thinks these five companies may be even better buys.
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Beacon Roofing Supply is scheduled to release its next quarterly earnings announcement on Thursday, August 5th 2021.
View our earnings forecast for Beacon Roofing Supply.

Beacon Roofing Supply will be holding an earnings conference call on Thursday, August 5th at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link.

Beacon Roofing Supply, Inc. (NASDAQ:BECN) issued its earnings results on Thursday, May, 6th. The company reported $0.23 earnings per share for the quarter, beating analysts' consensus estimates of $0.01 by $0.22. The company had revenue of $1.32 billion for the quarter, compared to analyst estimates of $1.32 billion. Beacon Roofing Supply had a negative net margin of 2.41% and a positive trailing twelve-month return on equity of 16.33%.
View Beacon Roofing Supply's earnings history.

Beacon Roofing Supply's stock was trading at $21.54 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, BECN stock has increased by 151.9% and is now trading at $54.25.
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12 Wall Street analysts have issued 12-month price objectives for Beacon Roofing Supply's shares. Their forecasts range from $36.00 to $68.00. On average, they expect Beacon Roofing Supply's share price to reach $57.00 in the next year. This suggests a possible upside of 5.1% from the stock's current price.
View analysts' price targets for Beacon Roofing Supply or view top-rated stocks among Wall Street analysts.

4 employees have rated Beacon Roofing Supply CEO Julian G. Francis on Glassdoor.com. Julian G. Francis has an approval rating of 27% among Beacon Roofing Supply's employees. This puts Julian G. Francis in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies.

Some companies that are related to Beacon Roofing Supply include Fastenal (FAST), United Rentals (URI), W.W. Grainger (GWW), Watsco (WSO), WESCO International (WCC), MSC Industrial Direct (MSM), Air Lease (AL), Applied Industrial Technologies (AIT), GATX (GATX), Rush Enterprises (RUSHA), Textainer Group (TGH), H&E Equipment Services (HEES), Kaman (KAMN), MRC Global (MRC) and Titan Machinery (TITN).
View all of BECN's competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Beacon Roofing Supply investors own include AT&T (T), Micron Technology (MU), GW Pharmaceuticals (GWPH), The Home Depot (HD), Raytheon Technologies (RTX), The Procter & Gamble (PG), Abbott Laboratories (ABT), Adobe (ADBE), Activision Blizzard (ATVI) and General Electric (GE).

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

Beacon Roofing Supply's stock is owned by many different institutional and retail investors. Top institutional investors include Fisher Asset Management LLC (2.02%), Victory Capital Management Inc. (0.73%), Granite Investment Partners LLC (0.72%), Skylands Capital LLC (0.60%), New York State Common Retirement Fund (0.48%) and Hillsdale Investment Management Inc. (0.15%). Company insiders that own Beacon Roofing Supply stock include C Eric Swank, Cd&R Investment Associates Ix,, Christopher Anthony Harrison, Christopher Carl Nelson, Clement Munroe Best III, Jason L Taylor, Richard W Frost and Stuart A Randle.
View institutional ownership trends for Beacon Roofing Supply.

BECN stock was sold by a variety of institutional investors in the last quarter, including Victory Capital Management Inc., Fisher Asset Management LLC, Skylands Capital LLC, New York State Common Retirement Fund, Alliancebernstein L.P., Hillsdale Investment Management Inc., Jackson Creek Investment Advisors LLC, and Cutler Group LP. Company insiders that have sold Beacon Roofing Supply company stock in the last year include C Eric Swank, Christopher Anthony Harrison, Christopher Carl Nelson, Clement Munroe Best III, and Jason L Taylor.
View insider buying and selling activity for Beacon Roofing Supply or view top insider-selling stocks.

BECN stock was acquired by a variety of institutional investors in the last quarter, including Handelsbanken Fonder AB, Granite Investment Partners LLC, Advisor Group Holdings Inc., and Convergence Investment Partners LLC. Company insiders that have bought Beacon Roofing Supply stock in the last two years include Cd&R Investment Associates Ix,, Christopher Anthony Harrison, and Richard W Frost.
View insider buying and selling activity for Beacon Roofing Supply or or view top insider-buying stocks.

Shares of BECN can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of BECN stock can currently be purchased for approximately $54.25.

Beacon Roofing Supply has a market capitalization of $3.79 billion and generates $6.94 billion in revenue each year. The company earns $-80,900,000.00 in net income (profit) each year or $2.42 on an earnings per share basis.

Beacon Roofing Supply employs 7,582 workers across the globe.

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

Beacon Roofing Supply is headquartered at 505 Huntmar Park Drive Suite 300, Herndon VA, 20170.

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]