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) posted its quarterly earnings results on Monday, November, 19th. The company reported $1.07 EPS for the quarter, missing the Zacks' consensus estimate of $1.36 by $0.29. The business earned $1.94 billion during the quarter, compared to analysts' expectations of $2.01 billion. Beacon Roofing Supply had a return on equity of 11.23% and a net margin of 1.54%. The firm's revenue for the quarter was up 50.4% on a year-over-year basis. During the same period in the prior year, the firm posted $0.93 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 14th 2019. View Earnings Estimates for Beacon Roofing Supply.

16 analysts have issued 12 month price objectives for Beacon Roofing Supply's shares. Their predictions range from $28.00 to $61.00. On average, they anticipate Beacon Roofing Supply's share price to reach $39.20 in the next twelve months. This suggests a possible upside of 23.8% 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.

News stories about BECN stock have trended somewhat negative on Friday, InfoTrie Sentiment reports. The research firm identifies positive and negative news coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Beacon Roofing Supply earned a news impact score of -1.1 on InfoTrie's scale. They also gave news headlines about the company a news buzz of 8.0 out of 10, meaning that recent news coverage is very likely to have an impact on the company's share price in the near 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 many different of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (8.79%), Vanguard Group Inc (8.79%), BlackRock Inc. (7.08%), Frontier Capital Management Co. LLC (5.50%), Dimensional Fund Advisors LP (4.49%) and Jennison Associates LLC (4.20%). 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 BlackRock Inc., Bank of New York Mellon Corp, Wells Fargo & Company MN, Brant Point Investment Management LLC, Oak Ridge Investments LLC, Glenmede Trust Co. NA, Credit Suisse AG and Fisher Asset Management LLC. View Insider Buying and Selling for Beacon Roofing Supply.

BECN stock was bought by a variety of institutional investors in the last quarter, including Fuller & Thaler Asset Management Inc., Jennison Associates LLC, Frontier Capital Management Co. LLC, Riverbridge Partners LLC, Point72 Asset Management L.P., Peregrine Capital Management LLC, Standard Life Aberdeen plc and Standard Life Aberdeen plc. 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 $31.67.

Beacon Roofing Supply has a market capitalization of $2.18 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]