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Beacon Roofing Supply, Inc. (BECN)

NASDAQ: BECN · IEX Real-Time Price · USD
55.94 0.83 (1.51%)
Dec 8, 2021 4:00 PM EST - Market closed
Market Cap3.92B
Revenue (ttm)6.64B
Net Income (ttm)-69.50M
Shares Out70.11M
EPS (ttm)-0.57
PE Ration/a
Forward PE11.25
Dividendn/a
Ex-Dividend Daten/a
Volume346,876
Open55.38
Previous Close55.11
Day's Range54.94 - 56.32
52-Week Range37.60 - 60.93
Beta1.99
AnalystsBuy
Price Target65.19 (+16.5%)
Earnings DateNov 18, 2021

About BECN

Beacon Roofing Supply, Inc., together with its subsidiaries, distributes residential and non-residential roofing materials, and complementary building products to contractors, home builders, building owners, lumberyards, and retailers. It offers pitched roofing and low slope roof products; gutters and sidings; building materials, such as lumber and composite, skylights and window, plywood and OSB, decking and railing, and HVAC products; and foam board, spray foam, roll, batt, mineral wool, fiberglass, and commercial insulation products, as well...

IndustryTrading Companies & Distributors
IPO DateSep 23, 2004
CEOJulian Francis
Employees6,676
Stock ExchangeNASDAQ
Ticker SymbolBECN
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 15 analysts, the average rating for BECN stock is "Buy." The 12-month stock price forecast is 65.19, which is an increase of 16.54% from the latest price.

Price Target
$65.19
(16.54% upside)
Analyst Consensus: Buy

News

Beacon Roofing (BECN) Completes Divesture of Solar Products

Beacon Roofing Supply (BECN) drives the profitability of core exteriors business with the divestiture of Solar Products.

6 days ago - Zacks Investment Research

Beacon Divests Solar Products Business To BayWa

Beacon Roofing Supply, Inc. (NASDAQ: BECN) has completed the sale of its solar products business to BayWa r.e. Financial terms were not disclosed.

1 week ago - Benzinga

BayWa r.e. Expands Distribution Network with Acquisition of Beacon Solar

SANTA FE, N.M., Dec. 1, 2021 /PRNewswire/ -- BayWa r.e.

1 week ago - PRNewsWire

Beacon Completes Divestiture of Solar Products Business

HERNDON, Va.--(BUSINESS WIRE)--Beacon (Nasdaq: BECN) announced today the completion of the sale of its solar products (“Solar Products”) business to BayWa r.e., a leading renewable energy developer, ser...

1 week ago - Business Wire

Beacon Roofing (BECN) Upgraded to Buy: Here's Why

Beacon Roofing (BECN) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

1 week ago - Zacks Investment Research

Here Is Why Bargain Hunters Would Love Fast-paced Mover Beacon Roofing (BECN)

If you are looking for stocks that have gained strong momentum recently but are still trading at reasonable prices, Beacon Roofing (BECN) could be a great choice. It is one of the several stocks that pa...

1 week ago - Zacks Investment Research

Beacon (BECN) Q3 Earnings Beat, Sales Miss, Margins High

Strong cost-control measures help Beacon Roofing Supply (BECN) to post improved results for fourth-quarter fiscal 2021.

2 weeks ago - Zacks Investment Research

Beacon Roofing Supply (BECN) Q4 Earnings Surpass Estimates

Beacon Roofing (BECN) delivered earnings and revenue surprises of 2% and 1.04%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

2 weeks ago - Zacks Investment Research

Beacon Reports Fourth Quarter and Fiscal Year 2021 Results

HERNDON, Va.--(BUSINESS WIRE)--Beacon (Nasdaq: BECN) (the “Company”) announced results today for its fourth quarter and fiscal year ended September 30, 2021. “In fiscal 2021, we demonstrated the strengt...

2 weeks ago - Business Wire

Will Beacon (BECN) Q4 Earnings Benefit From Cost Synergies?

Beacon Roofing Supply's (BECN) fiscal Q4 earnings are likely to have benefited from cost synergies.

3 weeks ago - Zacks Investment Research

Beacon Honors Six Veterans With Roof Replacement

HERNDON, Va.--(BUSINESS WIRE)--In honor of Veterans Day, today, Beacon (Nasdaq: BECN) revealed the six grand prize winners of its annual Beacon of Hope, a nationwide contest awarding deserving Veterans ...

3 weeks ago - Business Wire

Pitching 4 Retail Stocks Likely to Crush Estimates This Earnings

Retailers such as Costco (COST), DICK'S Sporting (DKS), Jack in the Box (JACK) and Beacon (BECN) are likely to have benefited from consumers' eagerness to venture out, shop and dine.

Other symbols:COSTDKSJACK
4 weeks ago - Zacks Investment Research

Beacon Roofing Supply Buys Midway Wholesale For Undisclosed Sum

Beacon Roofing Supply, Inc. (NASDAQ: BECN) has acquired Midway Sales & Distributing, Inc (Midway Wholesale), a Midwest distributor of residential and commercial exterior building and roofing supplies, f...

1 month ago - Benzinga

Beacon Announces Acquisition of Premier Roofing & Exteriors Distributor Midway Wholesale

HERNDON, Va.--(BUSINESS WIRE)--Beacon (Nasdaq: BECN) (the “Company”) announced today that it has acquired Midway Sales & Distributing, Inc. (“Midway Wholesale” or “Midway”), a leading Midwest distributo...

1 month ago - Business Wire

Beacon to Announce Fourth Quarter and Fiscal Year 2021 Earnings on November 18, 2021

HERNDON, Va.--(BUSINESS WIRE)--Beacon releases date and time of fourth quarter and fiscal year 2021 earnings call.

1 month ago - Business Wire

Can Beacon Roofing (BECN) Keep the Earnings Surprise Streak Alive?

Beacon Roofing (BECN) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

1 month ago - Zacks Investment Research

Why Beacon Roofing Supply (BECN) is a Top Value Stock for the Long-Term

The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.

1 month ago - Zacks Investment Research

4 Stocks to Buy on a Growing Homebuilding Market

Stocks like Toll Brothers (TOL), Dream Finders Homes (DFH) and Beacon Roofing Supply (BECN) are expected to benefit from a rise in homebuilder sentiment.

Other symbols:CRHDFHTOL
1 month ago - Zacks Investment Research

Beacon Roofing (BECN) Is Attractively Priced Despite Fast-paced Momentum

If you are looking for stocks that have gained strong momentum recently but are still trading at reasonable prices, Beacon Roofing (BECN) could be a great choice. It is one of the several stocks that pa...

1 month ago - Zacks Investment Research

Builders Sentiment Marches Ahead in October: 7 Stocks to Gain

Although continuous supply and labor woes put pressure on affordability, six months' sales prospects and current traffic have given a boost to homebuilders' sentiment.

Other symbols:BLDBLDRCRHEXPTOLWSO
1 month ago - Zacks Investment Research

RBC Capital Upgrades Beacon Roofing To Outperform On Valuation

RBC Capital analyst Mike Dahl upgraded Beacon Roofing Supply, Inc. (NASDAQ:BECN) to Outperform from Sector Perform with an unchanged price target of $63. Dahl states that the stock now trades at 9.1-tim...

1 month ago - Benzinga

Beacon Roofing (BECN) Gains From Digital Efforts, Costs High

Beacon Roofing (BECN) benefits from demand in the residential housing market and focuses on enhancing digital platforms. However, coronavirus-related woes and stiff competition remain concerns.

1 month ago - Zacks Investment Research

Here's Why Beacon Roofing Supply (BECN) is a Strong Value Stock

The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.

2 months ago - Zacks Investment Research

Beacon Opens New Branches In Texas, Florida

Beacon Roofing Supply, Inc. (NASDAQ: BECN) has opened two new branches to expand service to customers in the Houston, Texas, and North Port-Bradenton-Sarasota, Florida market areas.  The company noted t...

2 months ago - Benzinga

Beacon Expands Customer Service in Texas and Florida

HERNDON, Va.--(BUSINESS WIRE)--Beacon announces the opening of two new branches.

2 months ago - Business Wire