Beacon Roofing Supply, Inc. (BECN)

NASDAQ: BECN · IEX Real-Time Price · USD
51.99
+1.38 (2.73%)
Sep 27, 2022 4:00 PM EDT - Market closed
2.73%
Market Cap 3.40B
Revenue (ttm) 7.68B
Net Income (ttm) 379.10M
Shares Out 65.40M
EPS (ttm) 2.25
PE Ratio 23.11
Forward PE 8.61
Dividend n/a
Ex-Dividend Date n/a
Volume 899,639
Open 51.67
Previous Close 50.61
Day's Range 51.34 - 53.08
52-Week Range 45.71 - 65.30
Beta 1.79
Analysts Buy
Price Target 72.34 (+39.1%)
Earnings Date Nov 14, 2022

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... [Read more...]

Industry Trading Companies & Distributors
IPO Date Sep 23, 2004
CEO Julian Francis
Employees 7,582
Stock Exchange NASDAQ
Ticker Symbol BECN
Full Company Profile

Financial Performance

In 2021, BECN's revenue was $6.64 billion, an increase of 12.26% compared to the previous year's $5.92 billion. Losses were -$45.50 million, -43.76% less than in 2020.

Financial Statements

Analyst Forecast

According to 22 analysts, the average rating for BECN stock is "Buy." The 12-month stock price forecast is 72.34, which is an increase of 39.14% from the latest price.

Price Target
$72.34
(39.14% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Beacon Roofing Supply (BECN) is a Top-Ranked Growth Stock: Should You Buy?

Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.

1 day ago - Zacks Investment Research

Beacon Appoints Melanie M. Hart to Its Board of Directors

HERNDON, Va.--(BUSINESS WIRE)--Beacon (Nasdaq: BECN) (the “Company”) announced today that Melanie M. Hart has been appointed to its Board of Directors. Ms. Hart is a financial executive with over 25 yea...

Other symbols: POOL
1 week ago - Business Wire

5 Broker-Friendly Stocks to Watch as Inflation Stays Red Hot

Broker-favorite stocks like American Airlines (AAL), CVR Energy (CVI), Builders FirstSource (BLDR), McKesson (MCK) and Beacon Roofing Supply (BECN) should be on investors' watch list amid flared-up infl...

Other symbols: AALBLDRCVIMCK
1 week ago - Zacks Investment Research

Veteran Appreciation – Beacon Building Products Launches Annual Beacon of Hope

HERNDON, Va.--(BUSINESS WIRE)--Beacon (Nasdaq: BECN) is now accepting nominations for its annual Beacon of Hope contest, a North American program awarding deserving Veterans with new roofs. Now in its f...

4 weeks ago - Business Wire

Why to Hold Beacon Roofing (BECN) Stock Amid Inflationary Woes

Prudent strategic efforts, digital focus and inorganic moves should drive growth for Beacon Roofing Supply (BECN) amid headwinds.

1 month ago - Zacks Investment Research

Beacon Appoints Birte von Schwarzenfeld as Senior Vice President, Commercial Solutions

HERNDON, Va.--(BUSINESS WIRE)--Beacon (Nasdaq: BECN) (the “Company”) announced today the appointment of Birte von Schwarzenfeld as Senior Vice President, Commercial Solutions. Ms. von Schwarzenfeld join...

1 month ago - Business Wire

Beacon Roofing (BECN) Q2 Earnings & Sales Beat, Margin Rise

Solid demand, higher pricing and recent acquisitions help Beacon Roofing Supply (BECN) to post improved results for Q2.

1 month ago - Zacks Investment Research

Beacon Roofing Supply (BECN) Q2 Earnings and Revenues Top Estimates

Beacon Roofing (BECN) delivered earnings and revenue surprises of 2.12% and 3.03%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

1 month ago - Zacks Investment Research

Beacon Reports Second Quarter 2022 Results

HERNDON, Va.--(BUSINESS WIRE)--Beacon (Nasdaq: BECN) (the “Company”, “we”, “our”) announced results today for the second quarter ended June 30, 2022 ("2022"). “Beacon's second quarter results are outsta...

1 month ago - Business Wire

Beacon (BECN) to Post Strong Q2 Earnings on Cost Synergies

Beacon Roofing Supply's (BECN) Q2 earnings are likely to have benefited from cost synergies.

1 month ago - Zacks Investment Research

Beacon Roofing Supply (BECN) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

Beacon Roofing (BECN) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

1 month ago - Zacks Investment Research

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.

2 months ago - Zacks Investment Research

Beacon to Announce Second Quarter 2022 Earnings on August 4, 2022

HERNDON, Va.--(BUSINESS WIRE)--Beacon (Nasdaq: BECN) (the “Company”) announced today that its earnings results for the quarter ended June 30, 2022 will be released after market close on Thursday, August...

2 months ago - Business Wire

Beacon Roofing Supply (BECN) is a Top-Ranked Growth Stock: Should You Buy?

Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.

2 months ago - Zacks Investment Research

Should Value Investors Buy Beacon Roofing Supply (BECN) Stock?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest v...

2 months ago - Zacks Investment Research

Can Beacon Roofing (BECN) Climb 25% to Reach the Level Wall Street Analysts Expect?

The average of price targets set by Wall Street analysts indicates a potential upside of 25.3% in Beacon Roofing (BECN). While the effectiveness of this highly sought-after metric is questionable, the p...

2 months ago - Zacks Investment Research

5 Stocks to Win in a Thriving Retail Building Products Industry

Continued customer inclination toward renovation and remodeling amid rising interest rates and home prices has been benefiting the Retail Building Products industry players. HD, LOW, BLDR, BECN and GMS ...

Other symbols: BLDRGMSHDLOW
2 months ago - Zacks Investment Research

New Strong Buy Stocks for July 13th

KMI, UFCS, GKOS, SPPI and BECN have been added to the Zacks Rank #1 (Strong Buy) List on July 13, 2022.

Other symbols: GKOSKMISPPIUFCS
2 months ago - Zacks Investment Research

Best Value Stocks to Buy for July 13th

IBCP, BECN, and GIL made it to the Zacks Rank #1 (Strong Buy) value stocks list on July 13, 2022.

Other symbols: GILIBCP
2 months ago - Zacks Investment Research

Beacon and Rebuilding Together Announce National Partnership

HERNDON, Va.--(BUSINESS WIRE)--Beacon (Nasdaq: BECN) and Rebuilding Together announced today that they have established a two-year national partnership to provide home repairs for underserved neighbors ...

2 months ago - Business Wire

Beacon Honored by David Weekley Homes for Unparalleled Service

HERNDON, Va.--(BUSINESS WIRE)--Beacon (Nasdaq: BECN) announced today that it has been recognized for a fourth year as a National Preferred Partner by David Weekley Homes, one of the United States' large...

2 months ago - Business Wire

Bed Bath & Beyond Q1 Preview: Can Shares Find New Life?

Year-to-date, BBBY shares have tumbled, decreasing more than 50% in value and extensively underperforming the S&P 500.

Other symbols: BBBY
3 months ago - Zacks Investment Research

GMS Q4 Earnings & Revenues Top Estimates, Margins Improve Y/Y

GMS' Q4 earnings benefit from strong residential demand and an inflationary pricing environment.

Other symbols: BBQGMSTGLS
3 months ago - Zacks Investment Research

Down 15% in 4 Weeks, Here's Why Beacon Roofing (BECN) Looks Ripe for a Turnaround

Beacon Roofing (BECN) is technically in oversold territory now, so the heavy selling pressure might have exhausted. This along with strong agreement among Wall Street analysts in raising earnings estima...

3 months ago - Zacks Investment Research

New Strong Buy Stocks for June 22nd

LNG, CNX, BECN, CPLP, and LAD have been added to the Zacks Rank #1 (Strong Buy) List on June 22, 2022.

Other symbols: CNXCPLPLADLNG
3 months ago - Zacks Investment Research