NASDAQ:BECN

Beacon Roofing Supply Stock Forecast, Price & News

$47.83

+0.41 (+0.86 %)

(As of 02/26/2021 12:00 AM ET)

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Today's Range

$46.91

Now: $47.83▼

$48.77

50-Day Range

$39.24

MA: $43.77▼

$48.99

52-Week Range

$11.66

Now: $47.83▼

$49.36

Volume562,700 shs

Average Volume393,916 shs

Market Capitalization$3.32 billion

P/E RatioN/A

Dividend YieldN/A

Beta1.97

Beacon Roofing Supply, Inc., together with its subsidiaries, distributes residential and non-residential roofing materials, and complementary building products to contractors, home builders, building owners, and retailers. 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, TPO, and EPDM membrane products. The company also provides complementary building products, such as vinyl and fiber cement sidings; wallboards; insulations; acoustical ceilings; stone veneers; windows; doors; skylights; gutters and downspouts; decking and railings; air barriers; concrete restoration systems; and steel stud framing and waterproofing 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, 2020, the company operated through a network of 524 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.

Headlines

Beacon to Present at the Raymond James 42nd Annual Institutional Investors Conference
February 26, 2021 | finance.yahoo.com

Beacon Establishes Robert R. Buck Scholarship Program
February 19, 2021 | finance.yahoo.com

Beacon, the huge building materials company, sells interiors business for $850M
February 11, 2021 | bizjournals.com

5 Stocks to Watch out for Post Recent Upgrade by Analysts
February 11, 2021 | finance.yahoo.com

Beacon Roofing (BECN) Completes the Sale of Interior Products
February 11, 2021 | finance.yahoo.com

Beacon Completes Divestiture of Interior Products Business
February 10, 2021 | finance.yahoo.com

Beacon Roofing Supply: Providing Shelter
February 9, 2021 | seekingalpha.com

Beacon (BECN) Rallies as Q1 Earnings Top Estimates, Rise Y/Y
February 9, 2021 | finance.yahoo.com

Beacon Roofing (BECN) Upgraded to Buy: What Does It Mean for the Stock?
February 9, 2021 | finance.yahoo.com

Beacon Reports First Quarter 2021 Results
February 8, 2021 | finance.yahoo.com

Beacon Roofing Supply (BECN) Beats Q1 Earnings Estimates
February 8, 2021 | finance.yahoo.com

Is Beacon Roofing (BECN) a Solid Growth Stock? 3 Reasons to Think " Yes
February 1, 2021 | nasdaq.com

See More Headlines

Industry, Sector and Symbol

Stock Exchange NASDAQ

Industry Lumber & other construction materials

Sub-IndustryTrading Companies & Distributors

SectorRetail/Wholesale

Current SymbolNASDAQ:BECN

Previous Symbol

CUSIP07368510

CIK1124941

Webwww.beaconroofingsupply.com

Phone57-323-3939

Employees7,582

Year FoundedN/A

Debt

Debt-to-Equity Ratio1.56

Current Ratio1.82

Quick Ratio1.25

Price-To-Earnings

Trailing P/E RatioN/A

Forward P/E Ratio16.10

P/E GrowthN/A

Sales & Book Value

Annual Sales$6.94 billion

Price / Sales0.48

Cash Flow$9.40 per share

Price / Cash Flow5.09

Book Value$25.57 per share

Price / Book1.87

Profitability

EPS (Most Recent Fiscal Year)$2.42

Net Income$-80,900,000.00

Net Margins-1.16%

Return on Equity10.89%

Return on Assets2.73%

Miscellaneous

Outstanding Shares69,407,000

Market Cap$3.32 billion

Next Earnings Date5/6/2021 (Estimated)

OptionableOptionable

MarketRank^™

Overall MarketRank^™

0.98 out of 5 stars

Retail/Wholesale Sector

212th out of 383 stocks

Lumber & Other Construction Materials Industry

5th out of 7 stocks

1.3 Analyst's Opinion

Consensus Rating
Beacon Roofing Supply has received a consensus rating of Buy. The company's average rating score is 2.53, and is based on 9 buy ratings, 5 hold ratings, and 1 sell rating.
Price Target Upside/Downside
According to analysts' consensus price target of $37.70, Beacon Roofing Supply has a forecasted downside of 21.2% from its current price of $47.83.
Amount of Analyst Coverage
Beacon Roofing Supply has only been the subject of 3 research reports in the past 90 days.

2.4 Community Rank

Outperform Votes
Beacon Roofing Supply has received 405 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Beacon Roofing Supply has received 439 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Beacon Roofing Supply has received 52.01% “underperform” votes from our community.

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.

0.0 Dividend Strength

Dividend Yield
Beacon Roofing Supply does not currently pay a dividend.
Dividend Growth
Beacon Roofing Supply does not have a long track record of dividend growth.

0.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Beacon Roofing Supply insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $2,928,440.00 in company stock.
Percentage Held by Insiders
Only 1.40% of the stock of Beacon Roofing Supply is held by insiders.

1.3 Earnings and Valuation

Earnings Growth
Earnings for Beacon Roofing Supply are expected to grow by 14.14% in the coming year, from $2.97 to $3.39 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Beacon Roofing Supply is -28.99, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Beacon Roofing Supply is -28.99, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Beacon Roofing Supply has a P/B Ratio of 1.87. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

$47.83

+0.41 (+0.86 %)

(As of 02/26/2021 12:00 AM ET)

30 days | 90 days | 365 days | Advanced Chart

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Beacon Roofing Supply (NASDAQ:BECN) Frequently Asked Questions

Is Beacon Roofing Supply a buy right now?

15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Beacon Roofing Supply in the last twelve months. There are currently 1 sell rating, 5 hold ratings and 9 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" Beacon Roofing Supply stock.
View analyst ratings for Beacon Roofing Supply or view top-rated stocks.

What stocks does MarketBeat like better than Beacon Roofing Supply?

Wall Street analysts have given Beacon Roofing Supply a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Beacon Roofing Supply wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is Beacon Roofing Supply's next earnings date?

Beacon Roofing Supply is scheduled to release its next quarterly earnings announcement on Thursday, May 6th 2021.
View our earnings forecast for Beacon Roofing Supply.

How were Beacon Roofing Supply's earnings last quarter?

Beacon Roofing Supply, Inc. (NASDAQ:BECN) posted its quarterly earnings data on Sunday, February, 7th. The company reported $1.15 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.60 by $0.55. The company earned $1.83 billion during the quarter, compared to the consensus estimate of $1.70 billion. Beacon Roofing Supply had a positive trailing twelve-month return on equity of 10.89% and a negative net margin of 1.16%. The firm's revenue for the quarter was up 9.0% on a year-over-year basis. During the same period last year, the firm posted $0.36 earnings per share.
View Beacon Roofing Supply's earnings history.

How has Beacon Roofing Supply's stock been impacted by COVID-19?

Beacon Roofing Supply's stock was trading at $21.54 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, BECN stock has increased by 122.1% and is now trading at $47.83.
View which stocks have been most impacted by COVID-19.

What price target have analysts set for BECN?

15 equities research analysts have issued 12-month target prices for Beacon Roofing Supply's stock. Their forecasts range from $15.50 to $60.00. On average, they expect Beacon Roofing Supply's share price to reach $37.70 in the next year. This suggests that the stock has a possible downside of 21.2%.
View analysts' price targets for Beacon Roofing Supply or view top-rated stocks among Wall Street analysts.

Who are Beacon Roofing Supply's key executives?

Beacon Roofing Supply's management team includes the following people:

Mr. Julian G. Francis, Pres, CEO & Director (Age 54, Pay $1.71M)
Mr. Frank A. Lonegro, Exec. VP & CFO (Age 52, Pay $602.84k)
Mr. C. Eric Swank, Chief Operating Officer (Age 52, Pay $977.45k)
Mr. Ross D. Cooper, Exec. VP, Gen. Counsel & Corp. Sec. (Age 55, Pay $725.04k)
Mr. Christopher A. Harrison, Chief HR Officer & Exec. VP (Age 54, Pay $658.78k)
Mr. Robert R. Buck, Exec. Director (Age 73, Pay $323.81k)
Mr. Samuel M. Guzman Jr., VP & Chief Accounting Officer (Age 46)
Mr. Christopher C. Nelson, Exec. VP & Chief Information Officer
Mr. Brent Dwayne Rakers CFA, Director of FP&A and Investor Relations
Ms. Jennifer Lewis, VP of Communications & Corp. Social Responsibility

What is Julian G. Francis' approval rating as Beacon Roofing Supply's CEO?

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.

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

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

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 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).

What is Beacon Roofing Supply's stock symbol?

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

Who are Beacon Roofing Supply's major shareholders?

Beacon Roofing Supply's stock is owned by many different retail and institutional investors. Top institutional investors include Dimensional Fund Advisors LP (7.18%), BlackRock Inc. (5.92%), Price T Rowe Associates Inc. MD (4.11%), Iridian Asset Management LLC CT (4.07%), Fuller & Thaler Asset Management Inc. (2.55%) and Fisher Asset Management LLC (2.26%). Company insiders that own Beacon Roofing Supply stock include C Eric Swank, Cd&R Investment Associates Ix,, Christopher Anthony Harrison, Clement Munroe Best III, Richard W Frost, Stuart A Randle and Thomas David Schmitz.
View institutional ownership trends for Beacon Roofing Supply.

Which institutional investors are selling Beacon Roofing Supply stock?

BECN stock was sold by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., Fuller & Thaler Asset Management Inc., Dimensional Fund Advisors LP, Skyline Asset Management LP, Victory Capital Management Inc., Price T Rowe Associates Inc. MD, Voloridge Investment Management LLC, and JPMorgan Chase & Co.. Company insiders that have sold Beacon Roofing Supply company stock in the last year include C Eric Swank, Christopher Anthony Harrison, and Clement Munroe Best III.
View insider buying and selling activity for Beacon Roofing Supply or view top insider-selling stocks.

Which institutional investors are buying Beacon Roofing Supply stock?

BECN stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., Zweig DiMenna Associates LLC, Renaissance Technologies LLC, Nordea Investment Management AB, Foundry Partners LLC, Nuveen Asset Management LLC, Captrust Financial Advisors, and Assenagon Asset Management S.A.. 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.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Beacon Roofing Supply's stock price today?

One share of BECN stock can currently be purchased for approximately $47.83.

How much money does Beacon Roofing Supply make?

Beacon Roofing Supply has a market capitalization of $3.32 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.

How many employees does Beacon Roofing Supply have?

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

What is Beacon Roofing Supply's official website?

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

Where are Beacon Roofing Supply's headquarters?

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

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 57-323-3939 or via email at [email protected]

This page was last updated on 3/1/2021 by MarketBeat.com Staff

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