Equities analysts be expecting Beacon Roofing Provide, Inc. (NASDAQ:BECN – Get Score) to report earnings of $.47 for every share for the existing quarter, Zacks Financial investment Study stories. 7 analysts have produced estimates for Beacon Roofing Supply’s earnings, with the highest EPS estimate coming in at $.64 and the cheapest estimate coming in at $.40. Beacon Roofing Source claimed earnings of $.23 per share through the exact same quarter very last yr, which would suggest a optimistic calendar year more than yr expansion charge of 104.3%. The business is scheduled to problem its subsequent quarterly earnings effects on Thursday, Could 5th.
In accordance to Zacks, analysts be expecting that Beacon Roofing Provide will report whole-year earnings of $5.33 per share for the latest money year, with EPS estimates ranging from $5.06 to $5.94. For the up coming yr, analysts anticipate that the company will report earnings of $5.72 per share, with EPS estimates ranging from $5.39 to $6.29. Zacks Financial commitment Research’s EPS averages are a imply common based mostly on a study of investigate corporations that follow Beacon Roofing Source.
A number of equities analysts not too long ago issued experiences on BECN shares. Raymond James upgraded Beacon Roofing Provide from a “market accomplish” rating to an “outperform” ranking and set a $62.00 focus on price tag on the inventory in a report on Monday, December 6th. Robert W. Baird lifted their concentrate on cost on Beacon Roofing Offer from $69.00 to $72.00 in a analysis be aware on Friday, February 4th. Truist Money reduced their price tag aim on Beacon Roofing Source from $58.00 to $55.00 in a report on Monday, February 7th. At last, Stephens lifted their target selling price on Beacon Roofing Provide from $56.00 to $62.00 and gave the company an “equivalent body weight” ranking in a report on Wednesday, November 24th. Seven equities investigate analysts have rated the inventory with a maintain score and 4 have assigned a acquire ranking to the firm’s stock. According to information from MarketBeat.com, the enterprise now has a consensus ranking of “Keep” and an typical rate focus on of $60.67.
NASDAQ:BECN opened at $59.20 on Friday. The business has a market place capitalization of $4.17 billion, a PE ratio of 22.17 and a beta of 1.92. The business has a 50 working day very simple going normal of $56.00 and a two-hundred day straightforward going ordinary of $54.09. The organization has a credit card debt-to-fairness ratio of .94, a fast ratio of 1.08 and a present ratio of 1.82. Beacon Roofing Offer has a fifty-two 7 days low of $46.62 and a fifty-two 7 days high of $60.93.
In other information, big shareholder Cd&R Investment Associates Ix, bought 107,456 shares of the business’s stock in a transaction on Friday, January 28th. The stock was acquired at an regular value of $55.84 per share, for a total transaction of $6,000,343.04. The acquisition was disclosed in a doc submitted with the SEC, which is accessible by means of this backlink. Business insiders personal .95% of the firm’s stock.
Many significant buyers have recently bought and bought shares of the firm. Exchange Traded Ideas LLC purchased a new stake in shares of Beacon Roofing Supply in the course of the 4th quarter value somewhere around $26,000. UBS Group AG grew its stake in Beacon Roofing Supply by 44.5% for the duration of the 3rd quarter. UBS Team AG now owns 1,455 shares of the firm’s inventory value $69,000 after obtaining an additional 448 shares throughout the last quarter. Monetary Management Specialists Inc. procured a new place in Beacon Roofing Offer for the duration of the 3rd quarter really worth $86,000. Gladius Cash Management LP acquired a new stake in Beacon Roofing Provide in the course of the 4th quarter valued at about $92,000. Ultimately, Barrow Hanley Mewhinney & Strauss LLC grew its stake in Beacon Roofing Provide by 43.7% throughout the 4th quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 2,411 shares of the firm’s stock valued at $138,000 after buying an added 733 shares in the course of the previous quarter.
About Beacon Roofing Source (Get Score)
Beacon Roofing Source, Inc engages in the distribution of residential and non-household roofing products. It also distributes complementary constructing products together with siding, home windows, specialty exterior setting up products, insulation, and waterproofing methods for constructing exteriors. The enterprise was started on August 22, 1997 and is headquartered in Herndon, VA.
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