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

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

Beacon Roofing Supply, Inc. (NASDAQ:BECN) posted its earnings results on Monday, November, 25th. The company reported $1.04 EPS for the quarter, missing the consensus estimate of $1.21 by $0.17. The company had revenue of $2.03 billion for the quarter, compared to analyst estimates of $2.05 billion. Beacon Roofing Supply had a positive return on equity of 9.55% and a negative net margin of 0.15%. The firm's revenue was up 4.9% on a year-over-year basis. During the same period last year, the business earned $1.07 earnings per share. View Beacon Roofing Supply's Earnings History.

Beacon Roofing Supply is scheduled to release their next quarterly earnings announcement on Thursday, February 6th 2020. View Earnings Estimates for Beacon Roofing Supply.

14 brokerages have issued 1-year price objectives for Beacon Roofing Supply's stock. Their forecasts range from $29.00 to $40.00. On average, they expect Beacon Roofing Supply's stock price to reach $35.00 in the next year. This suggests that the stock has a possible downside of 1.8%. View Analyst Price Targets for Beacon Roofing Supply.

14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Beacon Roofing Supply in the last year. There are currently 1 sell rating, 9 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Beacon Roofing Supply.

News coverage about BECN stock has trended extremely negative this week, InfoTrie Sentiment Analysis reports. The research firm ranks the sentiment of news coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Beacon Roofing Supply earned a media sentiment score of -4.0 on InfoTrie's scale. They also gave news stories about the company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the company's share price in the next few days. View News Stories for Beacon Roofing Supply.

Beacon Roofing Supply saw a increase in short interest in December. As of December 31st, there was short interest totalling 3,920,000 shares, an increase of 7.7% from the December 15th total of 3,640,000 shares. Based on an average daily trading volume, of 545,300 shares, the days-to-cover ratio is currently 7.2 days. Approximately 7.2% of the company's stock are sold short. View Beacon Roofing Supply's Current Options Chain.

Some companies that are related to Beacon Roofing Supply include Fastenal (FAST), W W Grainger (GWW), United Rentals (URI), Watsco (WSO), Air Lease (AL), MSC Industrial Direct (MSM), GATX (GATX), Applied Industrial Technologies (AIT), Aircastle (AYR), WESCO International (WCC), Kaman (KAMN), Rush Enterprises (RUSHA), H&E Equipment Services (HEES), MRC Global (MRC) and DXP Enterprises (DXPE).

Based on aggregate information from My MarketBeat watchlists, some companies that other Beacon Roofing Supply investors own include Micron Technology (MU), Home Depot (HD), AT&T (T), GW Pharmaceuticals PLC- (GWPH), Twitter (TWTR), Adobe (ADBE), Cognizant Technology Solutions (CTSH), Intel (INTC), Caterpillar (CAT) and Verizon Communications (VZ).

Beacon Roofing Supply's stock is owned by a number of of retail and institutional investors. Top institutional investors include Skyline Asset Management LP (0.33%), Huntington National Bank (0.00%) and Nisa Investment Advisors LLC (0.00%). Company insiders that own Beacon Roofing Supply stock include C Eric Swank, Carl T Berquist, Cd&R Investment Associates Ix,, Christopher Anthony Harrison, Joseph M Nowicki, Paul Isabella, Philip Knisely, Richard W Frost, Stuart A Randle and Thomas David Schmitz. View Institutional Ownership Trends for Beacon Roofing Supply.

BECN stock was sold by a variety of institutional investors in the last quarter, including Skyline Asset Management LP and Huntington National Bank. Company insiders that have sold Beacon Roofing Supply company stock in the last year include C Eric Swank, Stuart A Randle and Thomas David Schmitz. View Insider Buying and Selling for Beacon Roofing Supply.

BECN stock was acquired by a variety of institutional investors in the last quarter, including Nisa Investment Advisors LLC. 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.

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, Robinhood, Fidelity and Charles Schwab.

One share of BECN stock can currently be purchased for approximately $35.65.

Beacon Roofing Supply has a market capitalization of $2.45 billion and generates $7.11 billion in revenue each year. The company earns $-10,610,000.00 in net income (profit) each year or $2.26 on an earnings per share basis. Beacon Roofing Supply employs 8,147 workers across the globe.View Additional Information About Beacon Roofing Supply.

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

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]