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

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

Beacon Roofing Supply, Inc. (NASDAQ:BECN) announced its quarterly earnings results on Thursday, February, 7th. The company reported $0.60 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.56 by $0.04. The company earned $1.72 billion during the quarter, compared to analyst estimates of $1.66 billion. Beacon Roofing Supply had a net margin of 0.43% and a return on equity of 11.19%. The firm's revenue was up 53.5% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.68 EPS. View Beacon Roofing Supply's Earnings History.

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

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

16 analysts have issued 12-month price targets for Beacon Roofing Supply's shares. Their predictions range from $29.00 to $61.00. On average, they expect Beacon Roofing Supply's stock price to reach $40.40 in the next twelve months. This suggests a possible upside of 8.4% from the stock's current price. View Analyst Price Targets 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.

Press coverage about BECN stock has trended positive this week, InfoTrie reports. The research firm ranks the sentiment of media coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Beacon Roofing Supply earned a news sentiment score of 2.3 on InfoTrie's scale. They also assigned headlines about the company a news buzz of 6.0 out of 10, meaning that recent media coverage is somewhat likely to have an impact on the company's share price in the immediate future.

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).

Beacon Roofing Supply's stock is owned by a variety of of retail and institutional investors. Top institutional investors 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.

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.

BECN stock was purchased 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.

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 $37.26.

Beacon Roofing Supply has a market capitalization of $2.55 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.

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]