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 results on Tuesday, May, 8th. The company reported ($0.35) earnings per share for the quarter, missing the consensus estimate of ($0.09) by $0.26. The company earned $1.43 billion during the quarter, compared to analysts' expectations 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 quarter in the previous year, the company earned ($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 12-month price targets for Beacon Roofing Supply's stock. Their predictions range from $53.00 to $73.00. On average, they expect 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).

Press coverage about BECN stock has trended somewhat positive this week, according to Accern Sentiment Analysis. The research group ranks the sentiment of press coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Beacon Roofing Supply earned a daily sentiment score of 0.11 on Accern's scale. They also assigned news stories about the company an impact score of 45.11 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company's share price in the near future.

Beacon Roofing Supply's stock is owned by many different of institutional and retail 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 $2.88 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]