NASDAQ:BECNBeacon Roofing Supply Stock Price, Forecast & News

Beacon Roofing Supply's stock was trading at $21.54 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, BECN shares have increased by 17.2% and is now trading at $25.25. View which stocks have been most impacted by Coronavirus.

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Beacon Roofing Supply in the last year. There are currently 2 sell ratings, 6 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Beacon Roofing Supply.

Beacon Roofing Supply is scheduled to release its next quarterly earnings announcement on Tuesday, August 4th 2020. View our earnings forecast for Beacon Roofing Supply.

Beacon Roofing Supply, Inc. (NASDAQ:BECN) posted its quarterly earnings data on Thursday, May, 7th. The company reported ($0.27) EPS for the quarter, hitting analysts' consensus estimates of ($0.27). The firm earned $1.46 billion during the quarter, compared to analyst estimates of $1.46 billion. Beacon Roofing Supply had a negative net margin of 1.24% and a positive return on equity of 9.42%. The firm's revenue was up 2.1% on a year-over-year basis. During the same period in the prior year, the firm posted ($1.08) earnings per share. View Beacon Roofing Supply's earnings history.

Beacon Roofing Supply issued an update on its second quarter 2020 Pre-Market earnings guidance on Wednesday, April, 22nd. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $1.46-1.46 billion, compared to the consensus revenue estimate of $1.43 billion.

12 brokers have issued 12-month price objectives for Beacon Roofing Supply's stock. Their forecasts range from $13.00 to $40.00. On average, they anticipate Beacon Roofing Supply's stock price to reach $27.21 in the next twelve months. This suggests a possible upside of 7.8% from the stock's current price. View analysts' price targets for Beacon Roofing Supply.

Media coverage about BECN stock has trended negative this week, according to InfoTrie Sentiment Analysis. The research firm identifies positive and negative news coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Beacon Roofing Supply earned a news sentiment score of -2.4 on InfoTrie's scale. They also assigned media headlines about the company a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an impact on the company's share price in the next few days. View the latest news about Beacon Roofing Supply.

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

Based on aggregate information from My MarketBeat watchlists, some companies that other Beacon Roofing Supply investors own include AT&T (T), General Electric (GE), Micron Technology (MU), GW Pharmaceuticals PLC- (GWPH), Home Depot (HD), AbbVie (ABBV), Adobe (ADBE), Caterpillar (CAT), Chipotle Mexican Grill (CMG) and Cognizant Technology Solutions (CTSH).

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

Beacon Roofing Supply's stock is owned by a variety of institutional and retail investors. Top institutional investors include Skyline Asset Management LP (0.36%) and Envestnet Asset Management Inc. (0.02%). Company insiders that own Beacon Roofing Supply stock include C Eric Swank, Carl T Berquist, Cd&R Investment Associates Ix,, Christopher Anthony Harrison, Paul Isabella, Philip Knisely, Richard W Frost, Stuart A Randle and Thomas David Schmitz. View institutional ownership trends for Beacon Roofing Supply.

BECN stock was bought by a variety of institutional investors in the last quarter, including Skyline Asset Management LP, and Envestnet Asset Management 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, Paul Isabella, Philip Knisely, and Richard W Frost. View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab.

One share of BECN stock can currently be purchased for approximately $25.25.

Beacon Roofing Supply has a market capitalization of $1.74 billion and generates $7.11 billion in revenue each year. The company earns $-10,610,000.00 in net income (profit) each year or $2.26 on an earnings per share basis. Beacon Roofing Supply employs 8,147 workers across the globe.

The official website for Beacon Roofing Supply is www.becn.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]