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

$32.89
+0.19 (+0.58 %)
(As of 10/20/2019 08:00 AM ET)
Today's Range
$32.53
Now: $32.89
$33.13
50-Day Range
$30.41
MA: $32.58
$34.94
52-Week Range
$24.97
Now: $32.89
$40.00
Volume276,595 shs
Average Volume540,965 shs
Market Capitalization$2.25 billion
P/E Ratio12.18
Dividend YieldN/A
Beta1.42
Beacon Roofing Supply, Inc, together with its subsidiaries, distributes residential and commercial roofing materials, and other complementary building materials to contractors, home builders, retailers, and building materials suppliers. The company's residential roofing products include asphalt shingles, synthetic slates and tiles, clay and concrete tiles, slates, nail base insulations, metal roofing, felts, synthetic underlayment, wood shingles and shakes, nails and fasteners, metal edgings and flashings, prefabricated flashings, ridges and soffit vents, and solar systems. Read More…

Industry, Sector and Symbol

Industry Lumber & other construction materials
Sub-IndustryTrading Companies & Distributors
SectorRetail/Wholesale
Current SymbolNASDAQ:BECN
CUSIP07368510
Phone571-323-3939

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$6.42 billion
Cash Flow$6.02 per share
Book Value$27.67 per share

Profitability

Net Income$98.62 million

Miscellaneous

Employees8,356
Market Cap$2.25 billion
Next Earnings Date11/18/2019 (Estimated)
OptionableOptionable

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Beacon Roofing Supply (NASDAQ:BECN) Frequently Asked Questions

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) issued its earnings results on Tuesday, August, 6th. The company reported $0.92 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $1.24 by $0.32. The company earned $1.92 billion during the quarter, compared to analysts' expectations of $1.99 billion. Beacon Roofing Supply had a return on equity of 9.63% and a net margin of 0.15%. Beacon Roofing Supply's quarterly revenue was down .5% on a year-over-year basis. During the same period in the previous year, the company earned $1.18 EPS. View Beacon Roofing Supply's Earnings History.

When is Beacon Roofing Supply's next earnings date?

Beacon Roofing Supply is scheduled to release their next quarterly earnings announcement on Monday, November 18th 2019. View Earnings Estimates for Beacon Roofing Supply.

What guidance has Beacon Roofing Supply issued on next quarter's earnings?

Beacon Roofing Supply updated its FY19 earnings guidance on Wednesday, August, 7th. The company provided earnings per share (EPS) guidance of $2.30-2.50 for the period, compared to the Thomson Reuters consensus EPS estimate of $2.91. The company issued revenue guidance of $7.1-7.2 billion, compared to the consensus revenue estimate of $7.20 billion.

What price target have analysts set for BECN?

13 analysts have issued 1 year price objectives for Beacon Roofing Supply's shares. Their predictions range from $29.00 to $40.00. On average, they expect Beacon Roofing Supply's stock price to reach $34.15 in the next twelve months. This suggests a possible upside of 3.8% from the stock's current price. View Analyst Price Targets for Beacon Roofing Supply.

What is the consensus analysts' recommendation for Beacon Roofing Supply?

13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Beacon Roofing Supply in the last year. There are currently 1 sell rating, 8 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Beacon Roofing Supply.

What are Wall Street analysts saying about Beacon Roofing Supply stock?

Here are some recent quotes from research analysts about Beacon Roofing Supply stock:
  • 1. Evercore ISI analysts commented, "We note that if rainfall was relatively normal, then revenues would apparently have matched our outlook, but EPS would have still fallen short by ~$0.15. Along with earnings, BECN lowered its FY19 guidance for sales ($7.1-$7.2bn), EBITDA ($490-$510mm), and EPS ($2.30-$2.50; 4Q midpoint of $1.33)." (8/8/2019)
  • 2. According to Zacks Investment Research, "Higher contribution from the Allied Building Products acquisition and successful price increases associated with a solid demand environment are expected to support Beacon Roofing's growth. Meanwhile, its focus on productivity enhancement is also likely to aid its performance going forward. However, rising raw material prices of asphalt, steel and gypsum, inbound flatbed rates, as well as outbound costs, including diesel and other delivery expenses, are pressing concerns. Also, the company's expects its fiscal second bottom line to be impacted by unfavorable weather conditions, which is a pressing concern. Shares of Beacon Roofing have underperformed its industry in the past three months and earnings estimates for fiscal 2019 and 2020 have been trending downward over the past seven days." (3/27/2019)

Has Beacon Roofing Supply been receiving favorable news coverage?

Media stories about BECN stock have been trending somewhat positive on Sunday, InfoTrie Sentiment Analysis reports. The research group rates the sentiment of press coverage by monitoring more than six thousand news and blog sources. 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 media sentiment score of 0.8 on InfoTrie's scale. They also gave media headlines about the company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the stock's share price in the near term. View News Stories for Beacon Roofing Supply.

Are investors shorting Beacon Roofing Supply?

Beacon Roofing Supply saw a decline in short interest in September. As of September 30th, there was short interest totalling 4,750,000 shares, a decline of 11.0% from the August 30th total of 5,340,000 shares. Based on an average trading volume of 648,600 shares, the days-to-cover ratio is currently 7.3 days. Approximately 8.7% of the company's stock are short sold. View Beacon Roofing Supply's Current Options Chain.

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

Some companies that are related to Beacon Roofing Supply include Boise Cascade (BCC), GMS (GMS), Foundation Building Materials (FBM), Aspen Aerogels (ASPN) and Huttig Building Products (HBP).

What other stocks do shareholders of Beacon Roofing Supply own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Beacon Roofing Supply investors own include Micron Technology (MU), GW Pharmaceuticals PLC- (GWPH), Home Depot (HD), Caterpillar (CAT), Adobe (ADBE), Intel (INTC), Bank of America (BAC), BB&T (BBT), AT&T (T) and Twitter (TWTR).

Who are Beacon Roofing Supply's key executives?

Beacon Roofing Supply's management team includes the folowing people:
  • Mr. Paul M. Isabella, CEO, Pres & Director (Age 63)
  • Mr. Joseph M. Nowicki, Exec. VP & CFO (Age 57)
  • Mr. C. Eric Swank, Chief Operating Officer (Age 50)
  • Mr. Christopher A. Harrison, Chief HR Officer & Exec. VP (Age 52)
  • Mr. Thomas D. Schmitz, VP & Chief Accounting Officer (Age 51)

Who are Beacon Roofing Supply's major shareholders?

Beacon Roofing Supply's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Riverbridge Partners LLC (1.17%), Skyline Asset Management LP (0.37%), Stephens Inc. AR (0.13%), Zeke Capital Advisors LLC (0.04%), Envestnet Asset Management Inc. (0.04%) and Coe Capital Management LLC (0.03%). Company insiders that own Beacon Roofing Supply stock include C Eric Swank, Carl T Berquist, Cd&R Investment Associates Ix,, Christopher Anthony Harrison, Joseph M Nowicki, Paul Isabella, Philip Knisely, Richard W Frost, Ross D Cooper and Thomas David Schmitz. View Institutional Ownership Trends for Beacon Roofing Supply.

Which major investors are selling Beacon Roofing Supply stock?

BECN stock was sold by a variety of institutional investors in the last quarter, including Envestnet Asset Management Inc., Riverbridge Partners LLC, Stephens Inc. AR and Cerebellum GP LLC. Company insiders that have sold Beacon Roofing Supply company stock in the last year include C Eric Swank and Thomas David Schmitz. View Insider Buying and Selling for Beacon Roofing Supply.

Which major investors are buying Beacon Roofing Supply stock?

BECN stock was acquired by a variety of institutional investors in the last quarter, including Coe Capital Management LLC, Zeke Capital Advisors LLC, Cerebellum GP LLC and Skyline Asset Management LP. 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.

How do I buy shares of 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.

What is Beacon Roofing Supply's stock price today?

One share of BECN stock can currently be purchased for approximately $32.89.

How big of a company is Beacon Roofing Supply?

Beacon Roofing Supply has a market capitalization of $2.25 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.View Additional Information About Beacon Roofing Supply.

What is Beacon Roofing Supply's official website?

The official website for Beacon Roofing Supply is http://www.beaconroofingsupply.com/.

How can I contact Beacon Roofing Supply?

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]


MarketBeat Community Rating for Beacon Roofing Supply (NASDAQ BECN)

Community Ranking:  2.4 out of 5 (star star)
Outperform Votes:  340 (Vote Outperform)
Underperform Votes:  363 (Vote Underperform)
Total Votes:  703
MarketBeat's community ratings are surveys of what our community members think about Beacon Roofing Supply and other stocks. Vote "Outperform" if you believe BECN will outperform the S&P 500 over the long term. Vote "Underperform" if you believe BECN will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 10/20/2019 by MarketBeat.com Staff

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