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 EPS for the quarter, beating analysts' consensus estimates of $0.56 by $0.04. The company earned $1.72 billion during the quarter, compared to analysts' expectations of $1.66 billion. Beacon Roofing Supply had a return on equity of 11.19% and a net margin of 0.43%. Beacon Roofing Supply's revenue was up 53.5% on a year-over-year basis. During the same period in the prior year, the business posted $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 second quarter earnings guidance on Monday, March, 25th. The company provided earnings per share (EPS) guidance of ($0.55-0.45) for the period, compared to the Thomson Reuters consensus EPS estimate of ($0.25).

17 equities research analysts have issued 1 year price targets for Beacon Roofing Supply's stock. Their predictions range from $29.00 to $61.00. On average, they expect Beacon Roofing Supply's stock price to reach $40.25 in the next year. This suggests a possible upside of 18.0% from the stock's current price. View Analyst Price Targets for Beacon Roofing Supply.

17 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Beacon Roofing Supply in the last year. There are currently 11 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 been trending neutral recently, according to InfoTrie Sentiment Analysis. The research group ranks the sentiment of news coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Beacon Roofing Supply earned a coverage optimism score of 0.2 on InfoTrie's scale. They also gave 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 stock's share price in the next several days.

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).

Based on aggregate information from My MarketBeat watchlists, some companies that other Beacon Roofing Supply investors own include Micron Technology (MU), Intel (INTC), QUALCOMM (QCOM), Skyworks Solutions (SWKS), Caterpillar (CAT), Celgene (CELG), GW Pharmaceuticals PLC- (GWPH), Twitter (TWTR), NVIDIA (NVDA) and Procter & Gamble (PG).

Beacon Roofing Supply's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (7.38%), Dimensional Fund Advisors LP (5.71%), 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 acquired by a variety of institutional investors in the last quarter, including Dimensional Fund Advisors LP, Victory Capital Management Inc., Norges Bank, Park Presidio Capital LLC, Millennium Management LLC, Prudential Financial Inc., Gotham Asset Management LLC and BlackRock 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 $34.11.

Beacon Roofing Supply has a market capitalization of $2.33 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]