Beacon Roofing Supply Company Profile (NASDAQ:BECN)

About Beacon Roofing Supply (NASDAQ:BECN)

Beacon Roofing Supply logoBeacon Roofing Supply, Inc. is engaged in the distribution of residential and non-residential roofing materials in the United States and Canada. It also distributes complementary building products for residential and non-residential building exteriors. Its product portfolio includes residential roofing products, non-residential roofing products and complementary building products. The residential roofing products include asphalt shingles, clay tile, slate and metal roofing, among others. The non-residential roofing products include single-ply roofing, asphalt, metal, modified bitumen and build-up roofing, among others. The complementary building products include vinyl siding, fiber cement siding, stone veneer and windows, among others. The Company offers its products under various trade names, including Alabama Roofing Supply, Atlantic Building Products, Applicators Sales, Southern Roof Center, Statewide Wholesale, Structural Materials and The Roof Center.

Industry, Sector and Symbol:
  • Sector: Retail/Wholesale
  • Industry: Construction Supplies & Fixtures Wholesale
  • Sub-Industry: Trading Companies & Distributors
  • Symbol: NASDAQ:BECN
  • CUSIP: 07368510
  • Web: www.beaconroofingsupply.com
Capitalization:
  • Market Cap: $3.36 billion
  • Outstanding Shares: 60,371,000
Average Prices:
  • 50 Day Moving Avg: $50.86
  • 200 Day Moving Avg: $48.39
  • 52 Week Range: $39.57 - $56.36
P/E:
  • Trailing P/E Ratio: 33.07
  • Foreward P/E Ratio: 21.84
  • P/E Growth: 1.67
Sales & Book Value:
  • Annual Revenue: $4.26 billion
  • Price / Sales: 0.79
  • Book Value: $23.21 per share
  • Price / Book: 2.40
Profitability:
  • EBITDA: $373.75 million
  • Net Margins: 2.42%
  • Return on Equity: 9.55%
  • Return on Assets: 4.06%
Debt:
  • Debt-to-Equity Ratio: 0.86%
  • Current Ratio: 2.30%
  • Quick Ratio: 1.36%
Misc:
  • Average Volume: 826,472 shs.
  • Beta: 1.32
  • Short Ratio: 6.58
 

Frequently Asked Questions for Beacon Roofing Supply (NASDAQ:BECN)

What is Beacon Roofing Supply's stock symbol?

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

How were Beacon Roofing Supply's earnings last quarter?

Beacon Roofing Supply, Inc. (NASDAQ:BECN) released its quarterly earnings results on Wednesday, August, 2nd. The company reported $0.84 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.90 by $0.06. The company earned $1.21 billion during the quarter, compared to analysts' expectations of $1.27 billion. Beacon Roofing Supply had a net margin of 2.42% and a return on equity of 9.55%. Beacon Roofing Supply's revenue was up 5.3% on a year-over-year basis. During the same period last year, the firm posted $0.77 earnings per share. View Beacon Roofing Supply's Earnings History.

When will Beacon Roofing Supply make its next earnings announcement?

Beacon Roofing Supply is scheduled to release their next quarterly earnings announcement on Monday, November, 20th 2017. View Earnings Estimates for Beacon Roofing Supply.

Where is Beacon Roofing Supply's stock going? Where will Beacon Roofing Supply's stock price be in 2017?

11 equities research analysts have issued twelve-month price objectives for Beacon Roofing Supply's shares. Their predictions range from $45.00 to $58.00. On average, they expect Beacon Roofing Supply's share price to reach $52.73 in the next twelve months. View Analyst Ratings for Beacon Roofing Supply.

What are analysts saying about Beacon Roofing Supply stock?

Here are some recent quotes from research analysts about Beacon Roofing Supply stock:

  • 1. According to Zacks Investment Research, "Beacon Roofing lowered revenue growth range for 2017 to 5-6% reflecting lower-than-expected sales rate in the third quarter. The company guides adjusted earnings per share between $2.15 and $2.25 for 2017. The commercial roofing market has been experiencing competitive pricing pressures recently. Year-over-year comparisons in the Southwest will remain difficult during the coming quarters and Eastern Canada will be impacted by competitive pressure; limited big project work and unfavorable weather. Beacon Roofing has underperformed the industry, year-to-date. However, Beacon Roofing's pending acquisition of Allied Building Products for $2.625 billion will catapult it to one of the largest public wholesale building materials distributors in North America. Beacon Roofing is also expected to benefit from the rebuilding activity triggered by the two back-to-back hurricanes Harvey and Irma." (10/3/2017)
  • 2. Jefferies Group LLC analysts commented, "BECN reported an in-line quarter, with strong results in Resi, but visibility in Commercial remains limited. That said, mgmt's outlook remains unchanged and reiterated its guidance for FY. With that said, shares are trading at a fair value and facing more difficult comps this year, making it more challenging for the stock to outperform in a meaningful way and we remain comfortable with our Hold rating." (2/6/2017)

Who are some of Beacon Roofing Supply's key competitors?

Who are Beacon Roofing Supply's key executives?

Beacon Roofing Supply's management team includes the folowing people:

  • Robert R. Buck, Chairman of the Board
  • Paul M. Isabella, President, Chief Executive Officer, Director
  • Joseph M. Nowicki CPA, Chief Financial Officer, Executive Vice President
  • Ross D. Cooper, Executive Vice President, General Counsel, Secretary
  • Carl T. Berquist, Independent Director
  • Richard W. Frost, Independent Director
  • Alan Gershenhorn, Independent Director
  • Robert M. McLaughlin, Independent Director
  • Neil S. Novich, Independent Director

Who owns Beacon Roofing Supply stock?

Beacon Roofing Supply's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Fisher Asset Management LLC (2.79%), Skylands Capital LLC (0.34%) and Arcadia Investment Management Corp MI (0.20%). Company insiders that own Beacon Roofing Supply stock include Associates Viii Ltd Cd&R, Carl T Berquist, James J Gaffney, Paul Isabella, Robert M Mclaughlin, Robert R Buck, Ross D Cooper and Wilson B Sexton. View Institutional Ownership Trends for Beacon Roofing Supply.

Who bought Beacon Roofing Supply stock? Who is buying Beacon Roofing Supply stock?

Beacon Roofing Supply's stock was bought by a variety of institutional investors in the last quarter, including Skylands Capital LLC, Fisher Asset Management LLC and Arcadia Investment Management Corp MI. Company insiders that have bought Beacon Roofing Supply stock in the last two years include Carl T Berquist and Robert M Mclaughlin. View Insider Buying and Selling for Beacon Roofing Supply.

How do I buy Beacon Roofing Supply stock?

Shares of Beacon Roofing Supply can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Beacon Roofing Supply's stock price today?

One share of Beacon Roofing Supply stock can currently be purchased for approximately $55.69.


MarketBeat Community Rating for Beacon Roofing Supply (NASDAQ BECN)
Community Ranking:  2.5 out of 5 (star star half star)
Outperform Votes:  194 (Vote Outperform)
Underperform Votes:  201 (Vote Underperform)
Total Votes:  395
MarketBeat's community ratings are surveys of what our community members think about Beacon Roofing Supply and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Beacon Roofing Supply (NASDAQ:BECN) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 4 Hold Ratings, 7 Buy Ratings
Consensus Rating:Buy (Score: 2.64)
Consensus Price Target: $52.73 (5.32% downside)
Consensus Price Target History for Beacon Roofing Supply (NASDAQ:BECN)
Price Target History for Beacon Roofing Supply (NASDAQ:BECN)
Analysts' Ratings History for Beacon Roofing Supply (NASDAQ:BECN)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
10/18/2017Wells Fargo & CompanyInitiated CoverageMarket Perform -> Market Perform$58.00N/AView Rating Details
10/15/2017KeyCorpReiterated RatingBuy$56.00N/AView Rating Details
10/12/2017Robert W. BairdReiterated RatingBuy$55.00N/AView Rating Details
10/10/2017Royal Bank Of CanadaReiterated RatingBuy$53.00N/AView Rating Details
10/2/2017SunTrust Banks, Inc.Reiterated RatingBuy$55.00LowView Rating Details
8/28/2017Citigroup Inc.Boost Price TargetNeutral$48.00 -> $51.00LowView Rating Details
8/25/2017Northcoast ResearchUpgradeNeutral -> Buy$53.00HighView Rating Details
8/25/2017Jefferies Group LLCUpgradeHold -> Buy$50.00 -> $54.00HighView Rating Details
5/31/2017WedbushReiterated RatingNeutral$47.00MediumView Rating Details
4/14/2017William BlairReiterated RatingNeutral$45.00N/AView Rating Details
12/7/2016Seaport Global SecuritiesInitiated CoverageBuy$53.00N/AView Rating Details
6/10/2016BB&T CorporationUpgradeHold -> Buy$51.00N/AView Rating Details
2/8/2016Raymond James Financial, Inc.UpgradeOutperform -> Strong-Buy$48.00N/AView Rating Details
1/21/2016Longbow ResearchUpgradeNeutral -> BuyN/AView Rating Details
11/30/2015StephensDowngradeOverweight -> Equal Weight$40.00 -> $46.00N/AView Rating Details
10/26/2015J P Morgan Chase & CoUpgradeNeutral -> OverweightN/AView Rating Details
(Data available from 10/23/2015 forward)

Earnings

Earnings History for Beacon Roofing Supply (NASDAQ:BECN)
Earnings by Quarter for Beacon Roofing Supply (NASDAQ:BECN)
Earnings History by Quarter for Beacon Roofing Supply (NASDAQ BECN)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
11/20/2017$0.95N/AView Earnings Details
8/2/2017Q3 2017$0.90$0.84$1.27 billion$1.21 billionViewListenView Earnings Details
5/4/2017Q2 2017($0.06)($0.04)$814.74 million$870.70 millionViewListenView Earnings Details
2/2/2017Q117$0.43$0.44$1,000.00 million$1.00 billionViewListenView Earnings Details
11/21/2016Q416$0.91$0.88$1.28 billion$1.17 billionViewListenView Earnings Details
8/2/2016Q316$0.76$0.77$1.15 billion$1.15 billionViewListenView Earnings Details
5/2/2016Q216($0.22)$0.03$673.38 million$823.50 millionViewN/AView Earnings Details
2/5/2016Q116$0.35$0.41$938.66 million$976.50 millionViewListenView Earnings Details
11/24/2015Q415$0.69$0.75$786.37 million$787.73 millionViewListenView Earnings Details
8/6/2015Q315$0.63$0.56$721.05 million$718.20 millionViewListenView Earnings Details
5/8/2015Q215($0.21)($0.20)$433.70 million$413.20 millionViewListenView Earnings Details
2/6/2015Q115$0.28$0.26$602.22 million$596.00 millionViewN/AView Earnings Details
11/25/2014Q414$0.61$0.48$731.30 million$726.50 millionViewListenView Earnings Details
8/8/2014Q314$0.58$0.54$662.94 million$663.40 millionViewN/AView Earnings Details
5/9/2014Q214($0.06)($0.25)$416.84 million$384.89 millionViewN/AView Earnings Details
2/6/2014Q114$0.36$0.30$573.20 million$552.10 millionViewN/AView Earnings Details
11/26/2013Q4$0.62$0.56$686.12 million$683.50 millionViewListenView Earnings Details
8/9/2013Q3 2013$0.71$0.55$668.77 million$627.20 millionViewN/AView Earnings Details
5/10/2013Q2 2013$0.01($0.02)$417.79 million$416.00 millionViewN/AView Earnings Details
2/8/2013Q1 2013$0.41$0.39$521.45 million$514.00 millionViewN/AView Earnings Details
11/29/20120.60$0.60$598.00 millionViewN/AView Earnings Details
8/7/2012$0.55$0.53ViewN/AView Earnings Details
5/10/2012($0.07)$0.07ViewN/AView Earnings Details
2/9/2012$0.29$0.41ViewN/AView Earnings Details
11/29/2011$0.53$0.56ViewN/AView Earnings Details
8/8/2011$0.46$0.51ViewN/AView Earnings Details
5/9/2011($0.08)($0.13)ViewN/AView Earnings Details
2/9/2011$0.15$0.22ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Beacon Roofing Supply (NASDAQ:BECN)
2017 EPS Consensus Estimate: $2.26
2018 EPS Consensus Estimate: $2.60
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20177$0.31$0.52$0.44
Q2 20177($0.05)$0.08($0.02)
Q3 20177$0.86$0.91$0.89
Q4 20177$0.92$1.05$0.95
Q1 20186$0.48$0.62$0.53
Q2 20186($0.10)$0.04($0.01)
Q3 20186$0.88$1.10$0.97
Q4 20186$1.02$1.24$1.10
(Data provided by Zacks Investment Research)

Dividends

Dividend History for Beacon Roofing Supply (NASDAQ:BECN)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading and Institutional Ownership History for Beacon Roofing Supply (NASDAQ:BECN)
Insider Ownership Percentage: 0.75%
Institutional Ownership Percentage: 90.92%
Insider Trades by Quarter for Beacon Roofing Supply (NASDAQ:BECN)
Institutional Ownership by Quarter for Beacon Roofing Supply (NASDAQ:BECN)
Insider Trades by Quarter for Beacon Roofing Supply (NASDAQ:BECN)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
9/7/2016Carl T BerquistDirectorBuy5,000$44.81$224,050.00View SEC Filing  
8/26/2016Paul IsabellaCEOSell45,000$46.31$2,083,950.00View SEC Filing  
8/9/2016Robert M MclaughlinDirectorBuy6,000$45.79$274,740.00View SEC Filing  
7/7/2016Ross D CooperEVPSell8,403$47.50$399,142.50View SEC Filing  
6/23/2016Robert R BuckChairmanSell17,556$45.37$796,515.72View SEC Filing  
5/20/2016Associates Viii Ltd. Cd&RMajor ShareholderSell8,536,500$42.28$360,923,220.00View SEC Filing  
2/8/2016Wilson B SextonDirectorSell7,385$37.29$275,386.65View SEC Filing  
12/24/2015James J. GaffneyDirectorSell11,250$42.00$472,500.00View SEC Filing  
9/17/2015Stuart A. RandleDirectorSell16,000$36.37$581,920.00View SEC Filing  
3/31/2015Stuart A RandleDirectorSell10,000$31.26$312,600.00View SEC Filing  
2/18/2015Wilson B SextonDirectorSell5,520$27.99$154,504.80View SEC Filing  
9/30/2014Wilson B SextonDirectorSell13,900$25.41$353,199.00View SEC Filing  
11/29/2013Robert BuckChairmanSell9,317$37.13$345,940.21View SEC Filing  
11/29/2013Ross CooperVPSell5,388$37.02$199,463.76View SEC Filing  
6/7/2013Rick C WelkerCAOSell1,875$41.08$77,025.00View SEC Filing  
1/18/2013Ross D CooperVPSell36,575$35.05$1,281,953.75View SEC Filing  
8/10/2012Rick C WelkerCAOSell1,539$25.75$39,629.25View SEC Filing  
8/9/2012David R GraceCFOSell157,494$25.88$4,075,944.72View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Beacon Roofing Supply (NASDAQ:BECN)
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Chart

Beacon Roofing Supply (BECN) Chart for Monday, October, 23, 2017

This page was last updated on 10/23/2017 by MarketBeat.com Staff

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