Beacon Roofing Supply: Stock Cannibal In The Making
- Beacon Roofing Supply has been aggressively buying back shares since early 2022, returning $1.5 billion to shareholders, indicating strong capital allocation. The company has shown significant growth with a 10-year CAGR of 15.1% in revenue and 28.9% in free cash flow. Despite strong historical growth rates, the market is pricing in only 11% annual EPS growth, suggesting the stock is undervalued.
- 10/06/2024
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Beacon on Expansion Spree, Opens Branches in Four Locations
- BECN stock is set to benefit from four branch openings across the United States. This move affirms its focus on achieving the Ambition 2025 goals.
- 10/02/2024
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Beacon Expands Service With Four New Locations in Alabama, Arizona, Florida and Washington
- HERNDON, Va.--(BUSINESS WIRE)---- $becn #Ambition2025--Beacon (Nasdaq: BECN), the leading publicly-traded wholesale distributor specializing in roofing, waterproofing and exterior products, announced today that it has opened new locations in Pelham, Alabama, Queen Creek, Arizona, Port St. Lucie, Florida and Bellingham, Washington. The new branch in Pelham, Alabama serves the Birmingham metro area. “This is our second location in the growing Birmingham market, chosen specifically to complement our existing branch. We a.
- 10/01/2024
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Beacon Roofing Drops 12% in Six Months: How to Play the Stock?
- Beacon Roofing Supply, Inc.‘s BECN shares have dropped 12.5% in the past six months against the Zacks Building Products - Retail industry's 6.3% growth, the broader Retail-Wholesale sector's 9.1% increase and the S&P 500's 9.6% rise. The company faces challenges from higher operating and acquisition-related expenses.
- 09/30/2024
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BECN Expands in Canadian Market With Beacon PRO+ Digital Tool
- Beacon expands its market reach with the launch of its digital platform, Beacon PRO+, in the Canadian market.
- 09/17/2024
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Beacon Expands Digital Platform to Support Canadian Customers
- HERNDON, Va.--(BUSINESS WIRE)---- $becn #Ambition2025--Beacon (Nasdaq: BECN) the leading publicly-traded wholesale distributor specializing in roofing, waterproofing and exterior products, announced today that it has launched its industry-leading digital platform, Beacon PRO+®, in Canada. Beacon PRO+ is a robust, no-cost digital tool that is used by thousands of U.S. roofing contractors to manage their business and sales process anywhere at any time. At the office or on-the-go, customers can find product descriptions.
- 09/16/2024
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Beacon Stock Set to Benefit From Chicago Metal Supply Acquisition
- The latest acquisition expands BECN's metal capabilities, boosting its stock growth potential.
- 09/11/2024
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5 Retail Building Products Stocks Ready to Gain From Industry Upswing
- Tech initiatives and e-commerce growth boost the Building Products - Retail industry, but inflation, soft demand and lumber price deflation pose challenges. HD, LOW, FAST, BECN and TGLS look well-poised for growth.
- 09/05/2024
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Beacon Announces Acquisition of Passaic Metal and Building Supplies
- HERNDON, Va.--(BUSINESS WIRE)---- $becn #Ambition2025--Beacon (Nasdaq: BECN), the leading publicly-traded wholesale distributor specializing in roofing, waterproofing and related exterior products, announced today that it has completed the acquisition of Passaic Metal and Building Supplies Co. and certain affiliated companies (“PAMPCO”) headquartered in Clifton, New Jersey. PAMPCO has five branches in New Jersey and one in upstate New York. PAMPCO's roots in metal, roofing and siding date back to 1911. “Four generatio.
- 08/02/2024
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Beacon Announces Acquisition of SSR Roof Supply
- HERNDON, Va.--(BUSINESS WIRE)---- $becn #Ambition2025--Beacon (Nasdaq: BECN), the leading publicly-traded wholesale distributor specializing in roofing, waterproofing and related exterior products, announced today that it has completed the acquisition of SSR Roof Supply Ltd. (“SSR”). SSR operates two branches in the Vancouver, British Columbia market, with one branch in Burnaby and the other in Surrey. SSR has been serving residential and commercial contractors for over 30 years. “We are proud of our history as a fami.
- 08/02/2024
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Beacon (BECN) Q2 Earnings & Sales Miss Estimates, Shares Down
- Solid demand, higher pricing and recent acquisitions drive Beacon Roofing's (BECN) second-quarter results.
- 08/02/2024
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Beacon Roofing Supply, Inc. (BECN) Q2 2024 Earnings Call Transcript
- Beacon Roofing Supply, Inc. (NASDAQ:BECN ) Q2 2024 Earnings Conference Call August 1, 2024 5:00 PM ET Company Participants Binit Sanghvi – Vice President-Capital Markets and Treasurer Julian Francis – Chief Executive Officer Prith Gandhi – Chief Financial Officer Conference Call Participants Michael Rehaut – JPMorgan Garik Shmois – Loop Capital Adam Baumgarten – Zelman & Associates David Manthey – Baird Mike Dahl – RBC Trey Grooms – Stephens Kathryn Thompson – Thompson Research Group Keith Hughes – Truist David MacGregor – Longbow Research Reuben Garner – Benchmark Company Operator Good evening, ladies and gentlemen, and welcome to the Beacon Second Quarter 2024 Earnings Call. My name is Elliot.
- 08/01/2024
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Compared to Estimates, Beacon Roofing (BECN) Q2 Earnings: A Look at Key Metrics
- Although the revenue and EPS for Beacon Roofing (BECN) give a sense of how its business performed in the quarter ended June 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
- 08/01/2024
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Beacon Roofing Supply (BECN) Lags Q2 Earnings and Revenue Estimates
- Beacon Roofing Supply (BECN) came out with quarterly earnings of $2.32 per share, missing the Zacks Consensus Estimate of $2.82 per share. This compares to earnings of $2.66 per share a year ago.
- 08/01/2024
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Beacon Roofing Supply (BECN) Reports Next Week: Wall Street Expects Earnings Growth
- 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.
- 07/25/2024
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Beacon Strengthens eCommerce Platform With Enhanced EagleView Integration
- HERNDON, Va.--(BUSINESS WIRE)---- $becn #Ambition2025--Beacon (Nasdaq: BECN), the leading publicly-traded wholesale distributor specializing in roofing, waterproofing and related exterior products, announced today an enhanced alliance with EagleView, a leading provider of aerial imagery, software, and analytics. This collaboration includes a seamless integration of EagleView's detailed roof measurements with Beacon PRO+®, an industry-leading ecommerce platform. Available exclusively in Beacon PRO+, Smart Order is a fi.
- 07/22/2024
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Beacon to Announce Second Quarter 2024 Earnings on August 1, 2024
- HERNDON, Va.--(BUSINESS WIRE)---- $becn #Ambition2025--Beacon (Nasdaq: BECN) (the “Company”) announced today that its earnings results for the quarter ended June 30, 2024 will be released after market close on Thursday, August 1, 2024. The Company will host a conference call and webcast to discuss its financial results at 5:00 p.m. Eastern Time that same day. Analysts, investors and interested parties are invited to register and listen to the earnings call and view accompanying slides on the Company's website at the b.
- 07/18/2024
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Will Beacon Roofing (BECN) Beat Estimates Again in Its Next Earnings Report?
- 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.
- 07/17/2024
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Beacon (BECN) Expands in California by Acquiring Roofers Mart
- Beacon (BECN) advances with the Ambition 2025 plan by acquiring Roofers Mart of Southern California, Inc., thus expanding its commercial roofing product offerings.
- 07/11/2024
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DanceOne and Debbie Allen Dance Academy Join Forces to Drive Accessibility and Advance the Next Generation of Dancers
- LOS ANGELES--(BUSINESS WIRE)--DanceOne and Debbie Allen Dance Academy Join Forces to Drive Accessibility and Advance the Next Generation of Dancers.
- 07/10/2024
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Beacon (BECN) Enhances Metal Roofing Portfolio With Buyouts
- Beacon (BECN) expands its services for metal roofing contractors with the acquisition of Extreme Metal and Integrity Metals.
- 07/02/2024
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Beacon Announces Two Florida Acquisitions Extending Service for Metal Roofing Contractors
- HERNDON, Va.--(BUSINESS WIRE)---- $becn #Ambition2025--Beacon (Nasdaq: BECN), the only publicly traded specialty roofing and complementary products distributor, announced the acquisition of Extreme Metal Fabricators, LLC (“Extreme Metal”) with locations in Key Largo and Palm City, Florida and Integrity Metals, LLC (“Integrity Metals”) with locations in Gainesville and Vero Beach, Florida. “For over a decade we have operated Extreme Metal with a team of craftspeople, estimators, and operators whose specialized training.
- 07/01/2024
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Beacon Reveals 2024 North American Female Roofing Professional of the Year Winner
- HERNDON, Va.--(BUSINESS WIRE)---- $becn #Ambition2025--Beacon (Nasdaq: BECN) announced today that Brooke Laizure, Owner of Whirlwind Roofing & Construction (Whirlwind) in Bixby, Oklahoma, is the winner of the 2024 North American Female Roofing Professional of the Year campaign, which highlights women in the roofing industry across the U.S. and Canada. Whirlwind specializes in residential roofing replacement, repair and restoration and is proudly family-owned and operated. Brooke is a founding member of the Nationa.
- 06/17/2024
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Beacon's (BECN) Texas & Washington Openings Expand Business
- Beacon's (BECN) latest announcement substantiates its commitment to making Ambition 2025 investments to drive growth and attain operational excellence.
- 06/13/2024
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Beacon Roofing (BECN) Moves 5.4% Higher: Will This Strength Last?
- Beacon Roofing (BECN) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions could translate into further price increase in the near term.
- 06/13/2024
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Beacon Expands Service With New Locations in Dallas, Seattle and Spokane
- HERNDON, Va.--(BUSINESS WIRE)---- $becn #Ambition2025--Beacon (Nasdaq: BECN), the only publicly-traded specialty roofing distributor, announced today that it has opened a new location in Terrell, Texas to further service residential and commercial roofers. It has also opened new locations in Everett, Washington and Spokane, Washington to support specialty waterproofing contractors. The new branch in Terrell, Texas serves the eastern Dallas-Fort Worth market. “We now have nine locations in the metroplex to help contrac.
- 06/12/2024
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Beacon Releases Annual Corporate Social Responsibility Report
- HERNDON, Va.--(BUSINESS WIRE)---- $becn #Ambition2025--Beacon (Nasdaq: BECN) (the “Company”) announced today that it has released its 2023 Corporate Social Responsibility (CSR) Report. This year's report demonstrates our commitment to action and transparency on important environmental and social topics driven by the Company's values. “The past year has been a time of growth for Beacon, not only in terms of our geographic footprint and service offerings, but also in our determination to build better for our stakeholder.
- 05/31/2024
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Eye These 5 Retail Building Products Stocks From a Prospering Industry
- Focus on virtual platforms to boost customer engagement has been leading to a surge in online business transactions for many players in the Retail Building Products industry. HD, LOW, FAST, BECN and GMS look well-poised for growth.
- 05/28/2024
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Beacon (BECN) on an Expansion Spree, Debuts in Two Locations
- Beacon (BECN) moves a step forward in achieving its Ambition 2025 targets by expanding its footprint through two new branch locations.
- 05/27/2024
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Beacon Roofing Supply: Shares Deserve More Upside After Shooting Through The Roof
- Beacon Roofing Supply has grown to have 542 branches across the US and Canada, providing over 130,000 SKUs and serving almost 100,000 customers. Despite mixed financial performance, the stock has increased 67.6% in value, easily outperforming the S&P 500. BECN has ambitious plans for growth, including opening new facilities, increasing revenue from national accounts and acquisitions, and expanding digital channels.
- 05/24/2024
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Beacon Expands Service In Providence and Toronto Markets
- HERNDON, Va.--(BUSINESS WIRE)---- $becn #Ambition2025--Beacon (Nasdaq: BECN), the only publicly-traded specialty roofing distributor, announced today that it has opened new locations in Attleboro, Massachusetts and Mississauga, Ontario, Canada to increase service to residential and commercial roofing contractors. The new branch in Attleboro, Massachusetts adds residential and commercial roofing and complementary products and services in the Providence, Rhode Island metro and the southeastern Massachusetts markets. “We.
- 05/23/2024
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Amalgamated Bank Cuts Stock Holdings in Beacon Roofing Supply, Inc. (NASDAQ:BECN)
- Amalgamated Bank cut its position in shares of Beacon Roofing Supply, Inc. (NASDAQ:BECN – Free Report) by 2.3% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 5,284 shares of the company’s stock after selling 127 shares during the quarter. Amalgamated Bank’s holdings in Beacon Roofing Supply were worth $460,000 at the end of the most recent quarter. A number of other large investors also recently modified their holdings of the company. Natixis Advisors L.P. boosted its position in Beacon Roofing Supply by 6.3% during the 4th quarter. Natixis Advisors L.P. now owns 113,123 shares of the company’s stock worth $9,843,000 after purchasing an additional 6,699 shares during the period. Victory Capital Management Inc. lifted its position in shares of Beacon Roofing Supply by 0.7% during the fourth quarter. Victory Capital Management Inc. now owns 26,750 shares of the company’s stock worth $2,328,000 after purchasing an additional 191 shares in the last quarter. Mach 1 Financial Group LLC purchased a new position in shares of Beacon Roofing Supply in the fourth quarter valued at $470,000. SummerHaven Investment Management LLC grew its holdings in Beacon Roofing Supply by 1.5% during the 4th quarter. SummerHaven Investment Management LLC now owns 8,607 shares of the company’s stock valued at $749,000 after purchasing an additional 129 shares in the last quarter. Finally, Headlands Technologies LLC lifted its holdings in Beacon Roofing Supply by 126.3% in the 4th quarter. Headlands Technologies LLC now owns 2,865 shares of the company’s stock worth $249,000 after buying an additional 1,599 shares in the last quarter. 98.45% of the stock is currently owned by hedge funds and other institutional investors. Beacon Roofing Supply Stock Performance Shares of NASDAQ BECN opened at $96.09 on Monday. Beacon Roofing Supply, Inc. has a 52-week low of $63.10 and a 52-week high of $103.75. The stock has a market capitalization of $6.11 billion, a P/E ratio of -152.52 and a beta of 1.59. The company has a quick ratio of 1.02, a current ratio of 1.87 and a debt-to-equity ratio of 1.47. The firm’s 50-day moving average price is $95.48 and its two-hundred day moving average price is $87.82. Beacon Roofing Supply (NASDAQ:BECN – Get Free Report) last posted its earnings results on Tuesday, February 27th. The company reported $1.47 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.69 by ($0.22). Beacon Roofing Supply had a net margin of 4.47% and a return on equity of 26.39%. The firm had revenue of $2.30 billion for the quarter, compared to analyst estimates of $2.27 billion. During the same period in the previous year, the firm earned $1.18 earnings per share. The company’s revenue for the quarter was up 16.8% on a year-over-year basis. As a group, sell-side analysts forecast that Beacon Roofing Supply, Inc. will post 7.8 earnings per share for the current year. Insider Transactions at Beacon Roofing Supply In related news, EVP Christopher Carl Nelson sold 3,268 shares of the firm’s stock in a transaction that occurred on Thursday, March 28th. The shares were sold at an average price of $93.87, for a total transaction of $306,767.16. Following the transaction, the executive vice president now owns 176 shares in the company, valued at $16,521.12. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. In related news, EVP Christopher Carl Nelson sold 3,268 shares of the business’s stock in a transaction that occurred on Thursday, March 28th. The shares were sold at an average price of $93.87, for a total value of $306,767.16. Following the sale, the executive vice president now directly owns 176 shares in the company, valued at approximately $16,521.12. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Jason L. Taylor sold 1,805 shares of the stock in a transaction on Thursday, March 21st. The shares were sold at an average price of $95.00, for a total value of $171,475.00. Following the sale, the insider now owns 10,531 shares of the company’s stock, valued at approximately $1,000,445. The disclosure for this sale can be found here. Company insiders own 1.30% of the company’s stock. Analyst Upgrades and Downgrades A number of brokerages have recently issued reports on BECN. TheStreet raised Beacon Roofing Supply from a “c” rating to a “b-” rating in a research report on Tuesday, February 27th. Loop Capital increased their target price on Beacon Roofing Supply from $110.00 to $115.00 and gave the company a “buy” rating in a research note on Monday, April 1st. StockNews.com cut shares of Beacon Roofing Supply from a “buy” rating to a “hold” rating in a report on Monday, May 6th. Robert W. Baird raised their price objective on shares of Beacon Roofing Supply from $115.00 to $117.00 and gave the stock an “outperform” rating in a report on Friday, May 3rd. Finally, BMO Capital Markets boosted their target price on shares of Beacon Roofing Supply from $95.00 to $120.00 and gave the stock an “outperform” rating in a research report on Thursday, April 11th. Three research analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. According to data from MarketBeat, Beacon Roofing Supply has an average rating of “Moderate Buy” and a consensus target price of $107.64. Check Out Our Latest Analysis on Beacon Roofing Supply About Beacon Roofing Supply (Free Report) Beacon Roofing Supply, Inc, together with its subsidiaries, engages in the distribution of residential and non-residential roofing materials, and complementary building products to contractors, home builders, building owners, lumberyards, and retailers in the United States and Canada. The company 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 as radiant barriers and blown-in insulation and equipment.
- 05/20/2024
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Beacon Announces Additional $225 Million Accelerated Share Repurchase Program
- HERNDON, Va.--(BUSINESS WIRE)---- $becn #Ambition2025--Beacon (Nasdaq: BECN) announced today that it has entered into an accelerated share repurchase agreement (“ASR”) with Citibank N.A to repurchase $225 million of Beacon's common stock. “Creating shareholder value is central to today's announcement to continue share repurchases under our previously announced and authorized program,” said Julian Francis, President & CEO of Beacon. “We continue to pursue our balanced capital allocation plan investing in growth and.
- 05/10/2024
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Beacon (BECN) Q1 Earnings & Sales Beat, Shares Rise
- Solid demand, higher pricing and recent acquisitions aid Beacon Roofing (BECN) to post solid results in the first quarter.
- 05/03/2024
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Beacon Roofing Supply, Inc. (BECN) Q1 2024 Earnings Call Transcript
- Beacon Roofing Supply, Inc. (NASDAQ:BECN ) Q1 2024 Earnings Conference Call May 2, 2024 5:00 PM ET Company Participants Binit Sanghvi - Vice President, Capital Markets and Treasurer Julian Francis - President and Chief Executive Officer Carmelo Carrubba - Interim Chief Financial Officer Prithvi Gandhi - Chief Financial Officer Conference Call Participants Brian Biros - Thompson Research Group Trey Grooms - Stephens Inc. Michael Rehaut - JPMorgan Chase & Co. Mike Dahl - RBC Capital Markets Reuben Garner - The Benchmark Company, LLC Ketan Mamtora - BMO Capital Markets Garik Shmois - Loop Capital Markets Adam Baumgarten - Zelman & Associates Stanley Elliott - Stifel Nicolaus & Co., Inc. Operator Ladies and gentlemen, thank you for your patience. Again, welcome to today's Beacon First Quarter 2024 Earnings Call.
- 05/02/2024
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Here's What Key Metrics Tell Us About Beacon Roofing (BECN) Q1 Earnings
- Although the revenue and EPS for Beacon Roofing (BECN) give a sense of how its business performed in the quarter ended March 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
- 05/02/2024
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Beacon Roofing Supply (BECN) Q1 Earnings and Revenues Surpass Estimates
- Beacon Roofing Supply (BECN) came out with quarterly earnings of $0.41 per share, beating the Zacks Consensus Estimate of $0.35 per share. This compares to earnings of $0.67 per share a year ago.
- 05/02/2024
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Beacon Announces Acquisition of Smalley & Company, a Regional Specialty Waterproofing Distributor
- HERNDON, Va.--(BUSINESS WIRE)---- $becn #Ambition2025--Beacon (Nasdaq: BECN), the only publicly traded specialty roofing and complementary products distributor, announced the closing of the previously announced acquisition of Smalley & Company (“Smalley”), headquartered in Denver, CO. Smalley serves customers at eleven locations in Arizona, California, Colorado, Nevada, New Mexico, and Utah. “Since 1967, Smalley has been providing contractors, design professionals, and owners with tailored sealant and waterproofin.
- 05/01/2024
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Beacon Roofing Supply (BECN) Expected to Beat Earnings Estimates: What to Know Ahead of Q1 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.
- 04/25/2024
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Beacon Appoints Prithvi Gandhi as Executive Vice President and Chief Financial Officer
- HERNDON, Va.--(BUSINESS WIRE)---- $becn #Ambition2025--Beacon (Nasdaq: BECN) announced today the appointment of Prithvi (Prith) Gandhi as Executive Vice President and Chief Financial Officer. Mr. Gandhi will join Beacon on May 1, 2024, and assume his role as Chief Financial Officer on or about May 6, 2024. Prior to joining Beacon, Mr. Gandhi was VP, Finance and Chief Financial Officer at TAMKO Building Products, a roofing products manufacturer and supplier for the last two years where he led initiatives that drove bus.
- 04/22/2024
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Beacon to Announce First Quarter 2024 Earnings on May 2, 2024
- HERNDON, Va.--(BUSINESS WIRE)---- $becn #Ambition2025--Beacon (Nasdaq: BECN) (the “Company”) announced today that its earnings results for the quarter ended March 31, 2024 will be released after market close on Thursday, May 2, 2024. The Company will host a conference call and webcast to discuss its financial results at 5:00 p.m. Eastern Time that same day. Analysts, investors and interested parties are invited to register and listen to the earnings call and view accompanying slides on the Company's website at the bel.
- 04/18/2024
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Beacon (BECN) Buys General Siding Supply, Boosts Presence
- Beacon's (BECN) latest announcement substantiates its commitment to making Ambition 2025 investments to drive growth and attain operational excellence.
- 04/16/2024
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Beacon Announces Acquisition of General Siding Supply
- HERNDON, Va.--(BUSINESS WIRE)---- $becn #Ambition2025--Beacon (Nasdaq: BECN) announced today that it has completed the acquisition of General Siding Supply (“General Siding”) headquartered at its Omaha, NE branch, with four additional branches located in Lincoln, NE, Grand Island, NE, Sioux City, IA and West Fargo, ND. For nearly 50 years, General Siding has provided building supplies including siding, windows, and doors to Midwest contractors. “Beacon is a great place to work, and our employees are excited to join th.
- 04/15/2024
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Will Beacon Roofing (BECN) Beat Estimates Again in Its Next Earnings Report?
- 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.
- 04/10/2024
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Beacon (BECN) Expands Footprint With New Branch Openings
- Beacon (BECN) fortifies its Ambition 2025 plan with new branch openings.
- 04/09/2024
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Beacon Adds Service in Atlantic Canada and Minneapolis Markets
- HERNDON, Va.--(BUSINESS WIRE)---- $becn #Ambition2025--Beacon (Nasdaq: BECN), the only publicly traded specialty roofing distributor, announced today that it has opened new locations in Dieppe, New Brunswick, Canada and Spring Lake Park, Minnesota to serve residential and commercial roofing contractors. The new branch in Dieppe, New Brunswick will serve the Atlantic Canada region. “We are pleased to add service in our seventh Canadian province. Construction is on an upswing in this market due to population growth and.
- 04/08/2024
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Beacon (BECN) to Acquire Denver Based Smalley & Company
- Beacon's (BECN) latest announcement substantiates its commitment to making Ambition 2025 investments to drive growth and attain operational excellence.
- 04/03/2024
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Beacon Roofing (BECN) Surges 71% in the Past Year: Here's Why
- Beacon Roofing (BECN) benefits from its focus on Ambition 2025 targets, cost-reduction initiatives, buyout synergies and strategic investments.
- 04/02/2024
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Beacon Roofing (BECN) Up 12.8% Since Last Earnings Report: Can It Continue?
- Beacon Roofing (BECN) reported earnings 30 days ago. What's next for the stock?
- 03/28/2024
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Beacon (BECN) Boost Presence with Three New Branch Openings
- Beacon (BECN) expands its presence in Florida and Michigan with new branch openings and advances its Ambition 2025 plan.
- 03/26/2024
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Beacon Announces Three New Locations
- HERNDON, Va.--(BUSINESS WIRE)---- $becn #Ambition2025--Beacon (Nasdaq: BECN), the only publicly traded specialty roofing distributor, announced today that it has opened new locations in Fort Myers, FL and Milton, FL and Saginaw, MI to serve residential and commercial roofing contractors. The new branch in Fort Myers, FL is on the south side of the city. “We are pleased to now have three branches serving the Cape Coral-Fort Myers metro area, including a location specializing in waterproofing products. This is a fast-gr.
- 03/22/2024
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5 Retail Building Products Stocks to Watch in a Bullish Industry
- Retail Building Products industry players are poised to benefit from rising demand for Pro projects, digital initiatives and acquisitions. However, inflation, elevated costs and soft consumer demand act as headwinds.
- 03/15/2024
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GMS Buys Kamco for $321.5M, Expects Cost & Revenue Synergies
- GMS' recent move helps in market expansion in the core product categories and continuous development in the New York metropolitan market.
- 03/05/2024
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Beacon Roofing (BECN) Q4 Earnings & Sales Beat, Shares Fall
- Solid demand, higher pricing and recent acquisitions aid Beacon Roofing (BECN) to post solid results in the fourth quarter.
- 02/28/2024
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Beacon Roofing (BECN) Q4 Earnings: How Key Metrics Compare to Wall Street Estimates
- The headline numbers for Beacon Roofing (BECN) give insight into how the company performed in the quarter ended December 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
- 02/27/2024
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Factors Setting the Tone for Beacon Roofing's (BECN) Q4 Earnings
- Beacon Roofing's (BECN) Q4 results are likely to reflect more demand from the non-discretionary repair and re-roofing market, investments in greenfields and acquisitions.
- 02/26/2024
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Countdown to Beacon Roofing (BECN) Q4 Earnings: A Look at Estimates Beyond Revenue and EPS
- Evaluate the expected performance of Beacon Roofing (BECN) for the quarter ended December 2023, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.
- 02/22/2024
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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.
- 02/21/2024
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Why Beacon Roofing Supply (BECN) is a Top Growth Stock for the Long-Term
- 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.
- 02/19/2024
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Beacon Roofing Supply: Drivers Of Roofing Demand Are Non-Discretionary
- BECN has shown strong revenue growth and margins expansion over the past three years. Demand for re-roofing is expected to remain robust, as more than 90% of its demand is non-discretionary. Pipelines of acquisitions such as Garvin Construction, Metro Sealant, and Roofers Supply will bolster top-line growth and market presence.
- 02/14/2024
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Beacon (BECN) on an Expansion Spree, Acquires Metro Sealant
- Beacon (BECN) acquires Springfield-based Metro Sealant with an additional three branches, marking it as the second buyout of 2024.
- 02/13/2024
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Beacon (BECN) Acquires Roofers Supply, Boosts Reach in NC
- Beacon's (BECN) latest announcement substantiates its commitment to making Ambition 2025 investments to drive growth and attain operational excellence.
- 02/02/2024
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Why Beacon Roofing Supply (BECN) is a Top Value Stock for the Long-Term
- Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.
- 01/29/2024
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Beacon (BECN) on Expansion Spree, Unveils Two New Locations
- Focusing on its Ambition 2025 plan, Beacon (BECN) launches two new branch locations in Texas and North Carolina.
- 01/17/2024
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Here's Why Beacon Roofing Supply (BECN) is a Strong Growth 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.
- 01/17/2024
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Why Beacon Roofing Supply (BECN) is a Top Momentum Stock for the Long-Term
- 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.
- 01/11/2024
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5 Top-Ranked Stocks to Buy for the January Effect
- Stocks such as NGL Energy Partners (NGL), Beacon Roofing Supply (BECN), Granite Construction (GVA), Hooker Furniture (HOFT) and Limbach (LMB) are poised to make the most of the January Effect.
- 01/02/2024
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5 Stocks Trading Near 52-Week High That Can Climb Further
- Investors target stocks that have been on a bullish run lately. Stocks like DVA, BECN, CASY, FLR and CWCO that are seeing price strength have a high chance of carrying the momentum forward.
- 12/29/2023
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Beacon Roofing Supply (BECN) Is Up 4.96% in One Week: What You Should Know
- Does Beacon Roofing Supply (BECN) have what it takes to be a top stock pick for momentum investors? Let's find out.
- 12/28/2023
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Is Beacon Roofing Supply (BECN) Stock Undervalued Right Now?
- 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 value, growth, and momentum trends to underscore strong picks.
- 12/28/2023
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3 Top Efficient Stocks to Enrich Your Portfolio in 2024
- Invest in companies like REX American Resources (REX), Consolidated Water (CWCO) and Beacon Roofing Supply (BECN) to make the most of higher efficiency levels.
- 12/28/2023
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Best Growth Stocks to Buy for December 28th
- ARCO, BECN and ATMU made it to the Zacks Rank #1 (Strong Buy) growth stocks list on December 28, 2023.
- 12/28/2023
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Beacon Roofing (BECN) is an Incredible Growth Stock: 3 Reasons Why
- Beacon Roofing (BECN) is well positioned to outperform the market, as it exhibits above-average growth in financials.
- 12/27/2023
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BECN vs. HD: Which Stock Is the Better Value Option?
- Investors looking for stocks in the Building Products - Retail sector might want to consider either Beacon Roofing Supply (BECN) or Home Depot (HD). But which of these two stocks offers value investors a better bang for their buck right now?
- 12/27/2023
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5 Good Opportunities on Relative Price Strength Strategy
- AMPH, FOUR, BECN, HOFT and HTH are five stocks with explosive relative price strength.
- 12/26/2023
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Best Growth Stocks to Buy for December 26th
- ARCO, BECN and EGHT made it to the Zacks Rank #1 (Strong Buy) growth stocks list on December 26, 2023.
- 12/26/2023
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5 Top Stocks to Buy for Superb Earnings Growth in 2024
- Invest in stocks such as Beacon Roofing Supply (BECN), Deckers Outdoor (DECK), A. O. Smith (AOS), Assurant (AIZ) and Tradeweb Markets (TW) for solid earnings growth in 2024.
- 12/22/2023
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Best Growth Stocks to Buy for December 21st
- ARCO, BECN and EGHT made it to the Zacks Rank #1 (Strong Buy) growth stocks list on December 21, 2023.
- 12/21/2023
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Time to Buy These Intriguing Additions to Zacks Rank #1 (Strong Buy) List
- Several intriguing stocks were recently added to the Zacks Rank #1 (Strong Buy) list this week and shouldn't be overlooked as we round out what has been an exciting year for the stock market.
- 12/20/2023
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Despite Fast-paced Momentum, Beacon Roofing (BECN) Is Still a Bargain Stock
- Beacon Roofing (BECN) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable prices. It is one of the several stocks that made it through our 'Fast-Paced Momentum at a Bargain' screen.
- 12/20/2023
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New Strong Buy Stocks for December 19th
- BECN, SUN, NXT, FPAY and HGTY have been added to the Zacks Rank #1 (Strong Buy) List on December 19, 2023.
- 12/19/2023
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Best Value Stocks to Buy for December 19th
- HZO, PHI and BECN made it to the Zacks Rank #1 (Strong Buy) value stocks list on December 19, 2023.
- 12/19/2023
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Best Growth Stocks to Buy for December 19th
- ARCO, BECN and EGHT made it to the Zacks Rank #1 (Strong Buy) growth stocks list on December 19, 2023.
- 12/19/2023
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3 Reasons Growth Investors Will Love Beacon Roofing (BECN)
- Beacon Roofing (BECN) is well positioned to outperform the market, as it exhibits above-average growth in financials.
- 12/11/2023
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BECN or HD: Which Is the Better Value Stock Right Now?
- Investors with an interest in Building Products - Retail stocks have likely encountered both Beacon Roofing Supply (BECN) and Home Depot (HD). But which of these two stocks presents investors with the better value opportunity right now?
- 12/11/2023
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Is Beacon Roofing Supply (BECN) a Great Value Stock Right Now?
- 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 value, growth, and momentum trends to underscore strong picks.
- 12/11/2023
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GMS' Q2 Earnings & Net Sales Surpass Estimates, Decrease Y/Y
- GMS' second-quarter fiscal 2024 earnings reflect a slowdown in single-family construction and lower steel prices.
- 12/08/2023
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Why Beacon Roofing Supply (BECN) is a Top Growth Stock for the Long-Term
- 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.
- 12/08/2023
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4 Growth Stocks to Buy Ahead of a Strong Year-End Rally
- With the Fed likely to trim interest rates along with seasonal tailwinds, growth stocks like Beacon Roofing Supply (BECN), TopBuild (BLD), Journey Medical (DERM) and Shift4 Payments (FOUR) are poised to gain strength.
- 12/07/2023
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GMS Gears Up to Report Q2 Earnings: Will It Disappoint?
- Low steel prices and high costs are likely to be reflected in GMS' fiscal Q2 performance.
- 12/05/2023
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Here's Why RH's Earnings are Likely to Decline Y/Y in Q3
- RH's fiscal Q3 results are likely to reflect high mortgage rates, regular interest rate hikes and the cycling of record pandemic-driven sales.
- 12/04/2023
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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 passed through our 'Fast-Paced Momentum at a Bargain' screen.
- 12/04/2023
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Are Retail-Wholesale Stocks Lagging Beacon Roofing Supply (BECN) This Year?
- Here is how Beacon Roofing Supply (BECN) and Deckers (DECK) have performed compared to their sector so far this year.
- 12/01/2023
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Why Beacon Roofing Supply (BECN) is a Top Value Stock for the Long-Term
- Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.
- 11/29/2023
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Here is Why Growth Investors Should Buy Beacon Roofing (BECN) Now
- Beacon Roofing (BECN) could produce exceptional returns because of its solid growth attributes.
- 11/24/2023
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Can Beacon Roofing (BECN) Run Higher on Rising Earnings Estimates?
- Beacon Roofing (BECN) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
- 11/16/2023
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Beacon Roofing (BECN) Shows Fast-paced Momentum But Is Still a Bargain Stock
- 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 passed through our 'Fast-Paced Momentum at a Bargain' screen.
- 11/16/2023
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Beacon Roofing Supply: Undervalued Company That Can Be Rewarding
- Beacon Roofing Supply announces decent Q3 FY23 results with a rise in net sales and net income. The company's growth in tough market conditions and strategic acquisitions make it a reliable option. BECN's technical chart suggests a bullish trend and potential for strong returns, making it an attractive investment opportunity.
- 11/15/2023
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Looking for a Growth Stock? 3 Reasons Why Beacon Roofing (BECN) is a Solid Choice
- Beacon Roofing (BECN) could produce exceptional returns because of its solid growth attributes.
- 11/08/2023
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All You Need to Know About Beacon Roofing (BECN) Rating Upgrade to Buy
- Beacon Roofing (BECN) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
- 11/08/2023
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BECN vs. HD: Which Stock Is the Better Value Option?
- Investors interested in stocks from the Building Products - Retail sector have probably already heard of Beacon Roofing Supply (BECN) and Home Depot (HD). But which of these two stocks presents investors with the better value opportunity right now?
- 11/08/2023
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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 value, growth, and momentum trends to underscore strong picks.
- 11/08/2023
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Beacon Roofing Supply, Inc. (BECN) Q3 2023 Earnings Call Transcript
- Beacon Roofing Supply, Inc. (NASDAQ:BECN ) Q3 2023 Earnings Conference Call November 2, 2023 5:00 PM ET Company Participants Binit Sanghvi - Vice President of Capital Markets and Treasurer Julian Francis - President and Chief Executive Officer Frank Lonegro - Executive Vice President and Chief Financial Officer Conference Call Participants Ketan Mamtora - BMO Capital Markets Joseph Ahlersmeyer - Deutsche Bank Mike Dahl - RBC Capital Markets Ryan Merkel - William Blair Douglas Wardlaw - JPMorgan Trey Grooms - Stephens Kathryn Thompson - Thompson Research Group Garik Shmois - Loop Capital Markets Philip Ng - Jefferies Marius Morar - Zelman & Associates Truman Patterson - Wolfe Research David MacGregor - Longbow Research Stanley Elliott - Stifel Operator Good afternoon, ladies and gentlemen. Welcome to the Beacon Third Quarter 2023 Earnings Call.
- 11/05/2023
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Beacon (BECN) Q3 Earnings Beat Estimates, Adjusted EBITDA Up
- Beacon's (BECN) third-quarter 2023 results benefit from strong non-discretionary repair and re-roofing demand and the Ambition 2025 initiation.
- 11/03/2023
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Beacon Roofing (BECN) Reports Q3 Earnings: What Key Metrics Have to Say
- Although the revenue and EPS for Beacon Roofing (BECN) give a sense of how its business performed in the quarter ended September 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
- 11/02/2023
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Will Beacon Roofing (BECN) Beat Estimates Again in Its Next Earnings Report?
- 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.
- 10/17/2023
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Beacon (BECN) Acquires Garvin, Fortifies Ambition 2025 Goals
- Beacon's (BECN) acquisition of Garvin Construction Products will expand the waterproofing division and contribute to its Ambition 2025 initiative.
- 10/03/2023
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Beacon (BECN) Opens 2 Branches, Fortifies Ambition 2025 Goals
- Beacon Roofing Supply's (BECN) latest announcement substantiates its commitment to making Ambition 2025 investments to drive growth and attain operational excellence.
- 09/12/2023
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Beacon Roofing Supply, Inc. (BECN) Q2 2023 Earnings Call Transcript
- Beacon Roofing Supply, Inc. (NASDAQ:BECN ) Q2 2023 Earnings Conference Call August 3, 2022 5:00 PM ET Company Participants Binit Sanghvi - Head, IR Julian Francis - President and CEO Frank Lonegro - EVP and CFO Conference Call Participants Garik Shmois - Loop Capital Joe Ahlersmeyer - Deutsche Bank Ketan Mamtora - BMO Marius Morar - Zelman & Associates Truman Paterson - Wolf Research Philip Ng - Jeffries David MacGregor - Longbow Noah Merkousko - Stephens Kathryn Thompson - Thompson Research Group Operator Good afternoon ladies and gentlemen and welcome to the Beacon Second Quarter 2023 Earnings Call. My name is Sam and I'll be your coordinator for today.
- 08/06/2023
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Beacon Roofing (BECN) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates
- While the top- and bottom-line numbers for Beacon Roofing (BECN) give a sense of how the business performed in the quarter ended June 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
- 08/04/2023
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Beacon (BECN) Beats on Q2 Earnings & Revenues, Ups 2023 View
- Beacon's (BECN) second-quarter 2023 results benefit from strong residential demand and the Ambition 2025 initiation, partially offset by lower gross margin and higher operating expenses.
- 08/04/2023
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Will Beacon Roofing (BECN) Beat Estimates Again in Its Next Earnings Report?
- 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.
- 07/24/2023
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Beacon to Announce Second Quarter 2023 Earnings on August 3, 2023
- HERNDON, Va.--(BUSINESS WIRE)---- $becn #Ambition2025--Beacon (Nasdaq: BECN) (the “Company”) announced today that its earnings results for the quarter ended June 30, 2023 will be released after market close on Thursday, August 3, 2023. The Company will host a conference call and webcast to discuss its financial results at 5:00 p.m. Eastern Time that same day. Analysts, investors and interested parties are invited to register and listen to the earnings call and view accompanying slides on the Company's website at the b.
- 07/20/2023
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Are Investors Undervaluing Beacon Roofing Supply (BECN) Right Now?
- 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 value, growth, and momentum trends to underscore strong picks.
- 07/14/2023
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Beacon (BECN) Expands in 5 Locations With Crossroads Buyout
- Beacon Roofing Supply's (BECN) latest announcement substantiates its commitment to make Ambition 2025 investments to drive growth and attain operational excellence.
- 07/12/2023
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Beacon Roofing Supply to buy back about $805 million in stock from Clayton, Dubilier & Rice
- Beacon Roofing Supply Inc. BECN, -2.01% stock is up 0.8% in premarket trades Friday after the company said it plans to repurchase 400,000 shares of Series A preferred stock from private equity firm Clayton, Dubilier & Rice (CD&R) for $804.5 million plus accrued and unpaid dividends. The deal will reduce the company's diluted share count on an as-converted basis by 9.69 million shares and eliminate preferred dividends of $24 million per year, while simplifying the company's capital structure, the company said.
- 07/07/2023
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Beacon's (BECN) Four Branch Openings Propel Ambition 2025 Goals
- Beacon (BECN) expands its presence with new branches in Florida, Tennessee and Texas, serving contractors and lumberyards, propelling growth and aligning with Ambition 2025 goals.
- 07/03/2023
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Beacon (BECN) Opens Three New Branches, Expands Footprint
- Beacon Roofing (BECN) unveils new locations in Lebanon, NH, Elyria, OH and Roanoke, VA.
- 06/22/2023
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Beacon Roofing (BECN) Expands Its Waterproofing Division
- Beacon Roofing (BECN) unveils two new specialty waterproofing division branches in Florida.
- 06/19/2023
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Beacon (BECN) Expands in Nevada With Silver State Acquisition
- Beacon (BECN) boosts its residential roofing and complementary product offerings in Nevada with the Silver State buyout.
- 06/13/2023
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RH Q1 Earnings & Revenues Beat Estimates, Q2 View Tepid
- RH's first-quarter fiscal 2023 results reflect the impact of slowing housing demand trends and uncertain macroeconomic conditions.
- 05/26/2023
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Beacon (BECN) Stock Rises 24.4% YTD: What's Driving Growth?
- Beacon's (BECN) bolt-on acquisitions and focus on Ambition 2025 bode well. However, inflationary pressure and low residential demand are major concerns.
- 05/25/2023
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Beacon Roofing Supply, Inc. (BECN) Q1 2023 Earnings Call Transcript
- Beacon Roofing Supply, Inc. (NASDAQ:BECN ) Q1 2023 Earnings Conference Call May 4, 2023 5:00 PM ET Company Participants Binit Sanghvi – Vice President, Capital Markets and Treasurer Julian Francis – Chief Executive Officer Frank Lonegro – Chief Financial Officer Conference Call Participants Kathryn Thompson – Thompson Research Group Mike Dahl – RBC Marius Morar – Zelman and Associates Noah Merkousko – Stephens Maggie Grady – Jefferies Garik Shmois – Loop Capital Truman Patterson – Wolfe Research David MacGregor – Longbow Research Doug Wardlaw – JPMorgan Operator Good afternoon, ladies and gentlemen, and welcome to the Beacon First Quarter 2023 Earnings Call. My name is Bethany, and I will be your coordinator for today.
- 05/07/2023
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Beacon's (BECN) Q1 Earnings Top, Revenues Miss, Stock Down
- Beacon's (BECN) first-quarter 2023 results reflect high contributions from the complementary product segment and Ambition 2025 initiation, partially offset by high costs and expenses.
- 05/05/2023
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Beacon (BECN) Expands With AI's & Prince Building Buyouts
- The latest acquisitions are part of Beacon Roofing Supply's (BECN) drive to achieve Ambition 2025 growth targets.
- 04/04/2023
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Beacon Roofing: New Ambition Strategy Could Trigger The Stock Price
- As one of the largest public companies, BECN has been in the business of the distribution of roofing materials and related services for over 90 years. Total net sales increased by close to 26% in 2022, with residential roofing products reporting 20% sales growth, and non-residential roofing products reporting close to 45% sales growth.
- 03/28/2023
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Beacon (BECN) Focuses on Ambition 2025 Amid Inflation Woes
- Beacon's (BECN) recent acquisitions and focus on Ambition 2025 bode well. However, inflationary pressure is a major concern.
- 03/17/2023
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GMS Q3 Earnings Miss Estimates, Adjusted EBITDA Up Y/Y (revised)
- GMS' third-quarter fiscal 2023 witnesses a slowdown in single-family construction and inclement weather.
- 03/03/2023
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Beacon's (BECN) Q4 Earnings & Revenues Miss, Margin Falls
- Beacon's (BECN) fourth-quarter 2022 earnings hurt by increased inflation and incentive compensation.
- 02/24/2023
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Beacon Roofing Supply, Inc. (BECN) Q4 2022 Earnings Call Transcript
- Beacon Roofing Supply, Inc. (NASDAQ:BECN ) Q4 2022 Earnings Conference Call February 23, 2023 5:00 PM ET Company Participants Binit Sanghvi - Investor Relations Julian Francis - Chief Executive Officer Frank Lonegro - Chief Financial Officer Conference Call Participants Kathryn Thompson - Thompson Research Group Michael Dahl - RBC Ryan Merkel - William Blair Garik Shmois - Loop Capital Truman Patterson - Wolfe Research Philip Ng - Jefferies Keith Hughes - Truist Trey Grooms - Stephens David MacGregor - Longbow Research Ketan Mamtora - BMO Stanley Elliott - Stifel Doug Gordon - JPMorgan Operator Good afternoon, ladies and gentlemen and welcome to the Beacon Fourth Quarter and Full Year 2022 Earnings Conference Call. My name is Daniel, and I will be your coordinator for today.
- 02/24/2023
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Beacon Roofing Supply (BECN) Lags Q4 Earnings and Revenue Estimates
- Beacon Roofing (BECN) delivered earnings and revenue surprises of -2.48% and 0.63%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?
- 02/23/2023
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Beacon (BECN) Opens Two Branches in Texas, Boosts Ambition 2025
- Beacon (BECN) announces new greenfield openings in Baytown and Forth Worth to support Texas contractors.
- 01/20/2023
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Beacon Roofing Supply: Cheap At 11x Normalized FCF
- At less than 7.5x 2022e free cash flow per share, the market views Beacon's current results as unsustainable. While housing tailwinds have helped cause Beacon's EBITDA to more than double since 2019, the company has improved operations under new management.
- 01/12/2023
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Beacon (BECN) Opens Greenfield Branch, Fortifies Ambition 2025
- Beacon Roofing Supply's (BECN) latest announcement substantiates its commitment to make Ambition 2025 investments to drive growth and attain operational excellence.
- 01/10/2023
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Why Beacon Roofing (BECN) is Poised to Beat Earnings Estimates Again
- 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.
- 01/05/2023
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Beacon (BECN) Expands in New England With Whitney Buyout
- Beacon Roofing Supply's (BECN) latest buyout substantiates its commitment to make Ambition 2025 investments to drive growth and attain operational excellence.
- 01/04/2023
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Beacon (BECN) on Expansion Spree, Unviels Greenfield Branches
- Beacon's (BECN) latest announcement substantiates its commitment to make Ambition 2025 investments to drive growth and attain operational excellence.
- 12/22/2022
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RH Queued for Q3 Earnings: Key Factors to Take Into Account
- RH's fiscal Q3 results are likely to reflect soft demand and persistent supply-chain disruptions. Its focus on online platforms and cost-saving initiatives are positives.
- 12/05/2022
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Beacon Roofing Supply, Inc. (BECN) Q3 2022 Earnings Call Transcript
- Beacon Roofing Supply, Inc. (NASDAQ:BECN ) Q3 2022 Earnings Conference Call November 3, 2022 5:00 PM ET Company Participants Binit Sanghvi - Investor Relations Julian Francis - Chief Executive Officer Frank Lonegro - Chief Financial Officer Conference Call Participants Ryan Merkel - William Blair Kathryn Thompson - Thompson Research Group Ketan Mamtora - BMO Garik Shmois - Loop Capital Philip Ng - Jefferies David Manthey - Baird Keith Hughes - Truist David MacGregor - Longbow Research Truman Patterson - Wolfe Research Stanley Elliott - Stifel Operator Good afternoon, ladies and gentlemen and welcome to the Beacon Third Quarter 2022 Earnings Conference Call. My name is Megan, and I will be your coordinator for today.
- 11/05/2022
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Beacon Roofing (BECN) Q3 Earnings & Sales Beat, Shares Rise
- Solid demand, higher pricing and recent acquisitions helped Beacon Roofing Supply (BECN) to post improved results for Q3.
- 11/04/2022
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Beacon Roofing Supply (BECN) Q3 Earnings and Revenues Beat Estimates
- Beacon Roofing (BECN) delivered earnings and revenue surprises of 7.14% and 2.95%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?
- 11/03/2022
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Why Beacon Roofing (BECN) Could Beat Earnings Estimates Again
- 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.
- 10/24/2022
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Beacon (BECN) Banks on Technology Investments, Expansion
- Beacon Roofing Supply's (BECN) commitment to make Ambition 2025 investments to drive growth and attain operational excellence is commendable.
- 10/07/2022
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Beacon Roofing (BECN) Stock Jumps 5.6%: Will It Continue to Soar?
- Beacon Roofing (BECN) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.
- 09/29/2022
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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.
- 09/26/2022
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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 inflation.
- 09/15/2022
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RH Queued for Q2 Earnings: Key Factors to Take Into Account
- RH's fiscal Q2 results are likely to reflect soft demand and persistent supply-chain disruptions. Yet, its focus on online platforms and cost-saving initiatives are positives.
- 09/05/2022
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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.
- 08/23/2022
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Beacon Roofing Supply, Inc. (BECN) CEO Julian Francis on Q2 2022 Results - Earnings Call Transcript
- Beacon Roofing Supply, Inc. (NASDAQ:BECN ) Q2 2022 Earnings Conference Call August 4, 2022 5:00 PM ET Company Participants Binit Sanghvi - Head, IR Julian Francis - President and CEO Frank Lonegro - EVP and CFO Conference Call Participants Keith Hughes - Truist Securities Ryan Merkel - William Blair Truman Patterson - Wolfe Research Michael Dahl - RBC Capital Markets Philip Ng - Jefferies Deepa Raghavan - Wells Fargo Securities Douglas Wardlaw - JPMorgan David Manthey - Robert W. Baird Ketan Mamtora - BMO Capital Markets Garik Shmois - Loop Capital Markets David MacGregor - Longbow Research Kathryn Thompson - Thompson Research Group Operator Good afternoon, ladies and gentlemen, and welcome to the Beacon Second Quarter 2022 Earnings Conference Call.
- 08/06/2022
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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.
- 08/05/2022
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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?
- 08/04/2022
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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.
- 08/01/2022
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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 look well-poised for growth.
- 07/13/2022
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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.
- 07/13/2022
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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.
- 07/13/2022
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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.
- 06/27/2022
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GMS Q4 Earnings & Revenues Top Estimates, Margins Improve Y/Y
- GMS' Q4 earnings benefit from strong residential demand and an inflationary pricing environment.
- 06/23/2022
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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 estimates could lead to a trend reversal for the stock.
- 06/22/2022
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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.
- 06/22/2022
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Down 16% in 4 Weeks, Here's Why Beacon Roofing (BECN) Looks Ripe for a Turnaround
- The heavy selling pressure might have exhausted for Beacon Roofing (BECN) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street analysts in revising earnings estimates higher indicates that the stock is ripe for a trend reversal.
- 06/21/2022
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Why to Invest in Beacon's (BECN) Stock Amid Supply Woes
- Prudent strategic efforts, digital focus and inorganic moves should drive growth for Beacon Roofing Supply (BECN).
- 06/21/2022
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Down 16.3% in 4 Weeks, Here's Why You Should You Buy the Dip in Beacon Roofing (BECN)
- Beacon Roofing (BECN) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revising earnings estimates higher, indicates a potential trend reversal for the stock in the near term.
- 06/20/2022
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New Strong Buy Stocks for June 15th
- AR, LNG, BECN, AMR, and XOM have been added to the Zacks Rank #1 (Strong Buy) List on June 15, 2022.
- 06/15/2022
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Beacon Roofing (BECN) Upgraded to Strong Buy: Here's What You Should Know
- Beacon Roofing (BECN) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
- 06/13/2022
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New Strong Buy Stocks for June 13th
- LNG, BECN, AMR, JILL, and BZH have been added to the Zacks Rank #1 (Strong Buy) List on June 13, 2022.
- 06/13/2022
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Can Beacon Roofing (BECN) Run Higher on Rising Earnings Estimates?
- Beacon Roofing (BECN) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
- 06/09/2022
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Why Fast-paced Mover Beacon Roofing (BECN) Is a Great Choice for Value Investors
- Beacon Roofing (BECN) made it through our 'Fast-Paced Momentum at a Bargain' screen and could be a great choice for investors looking for stocks that have gained strong momentum recently but are still trading at reasonable prices.
- 06/09/2022
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Beacon (BECN) Buys Complete Supply, Expands Chicago Presence
- With the Complete Supply buyout, Beacon Roofing Supply (BECN) fortifies building materials distribution in the greater Chicago market.
- 06/03/2022
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Is Beacon Roofing (BECN) a Solid Growth Stock? 3 Reasons to Think " Yes "
- Beacon Roofing (BECN) could produce exceptional returns because of its solid growth attributes.
- 06/02/2022
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Is Beacon Roofing Supply (BECN) Stock Undervalued Right Now?
- 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 value, growth, and momentum trends to underscore strong picks.
- 06/01/2022
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Bears are Losing Control Over Beacon Roofing (BECN), Here's Why It's a 'Buy' Now
- After losing some value lately, a hammer chart pattern has been formed for Beacon Roofing (BECN), indicating that the stock has found support. This, combined with an upward trend in earnings estimate revisions, could lead to a trend reversal for the stock in the near term.
- 05/25/2022
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Looking for a Fast-paced Momentum Stock at a Bargain? Consider Beacon Roofing (BECN)
- Beacon Roofing (BECN) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable prices. It is one of the several stocks that made it through our 'Fast-Paced Momentum at a Bargain' screen.
- 05/19/2022
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Beacon Roofing Supply, Inc. (BECN) CEO Julian Francis on Q1 2022 Earnings Call Transcript
- Beacon Roofing Supply, Inc. (NASDAQ:BECN ) Q1 2022 Earnings Conference Call May 5, 2022 5:00 PM ET Company Participants Binit Sanghvi - Head, IR Julian Francis - President and CEO Frank Lonegro - EVP and CFO Conference Call Participants Ketan Mamtora - BMO Capital Markets Mike Dahl with - Capital Markets Garik Shmois - Loop Capital Keith Hughes - Truist Noah Merkousko - Stephens Truman Patterson - Wolfe Research David Manthey - Baird Deepa Raghavan - Wells Fargo Ryan Merkel - William Blair Phil Ng - Jefferies Stanley Elliott - Stifel Operator Good afternoon, ladies and gentlemen, and welcome to the Beacon First Quarter 2022 Earnings Conference Call. My name is Selina and I will be your coordinator for today.
- 05/07/2022
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Beacon Roofing's (BECN) Q1 Earnings & Revenues Top Estimates
- Solid demand, higher pricing and recent acquisitions help Beacon Roofing Supply (BECN) to post improved results for Q1.
- 05/06/2022
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Beacon Roofing Supply (BECN) Q1 Earnings and Revenues Beat Estimates
- Beacon Roofing (BECN) delivered earnings and revenue surprises of 81.63% and 17.95%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?
- 05/05/2022
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Pitching 4 Retail Stocks Likely to Beat Earnings Estimates
- Amid supply chain challenges, Costco (COST), Boot Barn Holdings (BOOT), Designer Brands (DBI) and Beacon (BECN) are likely to have benefited from consumer-centric approach, refresh assortments and digitization.
- 05/02/2022
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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.
- 04/26/2022
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Is Beacon Roofing Supply (BECN) a Great Value Stock Right Now?
- 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 value, growth, and momentum trends to underscore strong picks.
- 04/05/2022
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Beacon Roofing Supply: An Undervalued Turnaround Play
- Beacon Roofing Supply's growth initiatives and pricing power should allow it to continue growing sales through the cycles.
- 03/22/2022
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Beacon (BECN) Opens OTC Hub & Greenfield Branch, Expands Reach
- Beacon Roofing Supply's (BECN) latest announcement substantiates its commitment to make Ambition 2025 investments to drive growth and attain operational excellence.
- 03/10/2022
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GMS Q3 Earnings & Revenues Surpass Estimates, Improve Y/Y
- GMS Inc. (GMS) third-quarter fiscal 2022 results benefit from robust residential end markets, inflationary pricing and strong demand for the company's complementary products.
- 03/04/2022
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Beacon's (BECN) Transition Period Earnings & Sales Beat
- Strong cost-control measures help Beacon Roofing Supply (BECN) to post improved results for the transition period.
- 02/04/2022
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Beacon Roofing Supply, Inc. (BECN) CEO Julian Francis on Q4 2021 Results - Earnings Call Transcript
- Beacon Roofing Supply, Inc. (BECN) CEO Julian Francis on Q4 2021 Results - Earnings Call Transcript
- 02/03/2022
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Beacon Roofing Supply (BECN) Q1 Earnings and Revenues Beat Estimates
- Beacon Roofing (BECN) delivered earnings and revenue surprises of 7.56% and 12.02%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?
- 02/03/2022
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BECN and ETD Are Home Sales Plays
- Beacon Roofing and Ethan Allen are featured plays on the increase in home sales.
- 02/01/2022
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Home Improvement Market Still Going Strong
- It all boils down to the fact that home prices are still too high and availability still too low.
- 02/01/2022
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Will Beacon Roofing (BECN) Beat Estimates Again in Its Next Earnings Report?
- 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.
- 01/28/2022
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Best Value Stocks to Buy for January 24th
- BECN, ROCC, and LMST made it to the Zacks Rank #1 (Strong Buy) value stocks list on January 24, 2022
- 01/24/2022
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New Strong Buy Stocks for January 24th
- ESEA, HBM, BECN, DAC, and ROCC have been added to the Zacks Rank #1 (Strong Buy) List on January 24, 2022.
- 01/24/2022
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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 value, growth, and momentum trends to underscore strong picks.
- 01/14/2022
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Should Value Investors Pick Beacon Roofing Supply (BECN) Now?
- Is Beacon Roofing Supply (BECN) a great pick from the value investor's perspective right now? Read on to know more.
- 01/04/2022
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Beacon (BECN) Buys Crabtree, Expands Tennessee Presence
- With the Crabtree buyout, Beacon Roofing Supply (BECN) fortifies building materials distribution in Tennessee.
- 01/03/2022
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Beacon Bolsters Tennessee Presence Through Crabtree Acquisition
- Beacon Roofing Supply, Inc. (NASDAQ: BECN) has acquired Crabtree Siding and Supply, effective January 1, 2022. Deal terms were not disclosed.
- 12/31/2021
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Is Beacon Roofing (BECN) Stock a Solid Choice Right Now?
- Beacon Roofing (BECN) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.
- 12/22/2021
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Is Beacon Roofing Supply (BECN) Stock Undervalued Right Now?
- 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 value, growth, and momentum trends to underscore strong picks.
- 12/13/2021
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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 passed through our 'Fast-Paced Momentum at a Bargain' screen.
- 11/25/2021
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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.
- 11/19/2021
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Beacon Roofing Supply, Inc. (BECN) CEO Julian Francis on Q4 2021 Results - Earnings Call Transcript
- Beacon Roofing Supply, Inc. (BECN) CEO Julian Francis on Q4 2021 Results - Earnings Call Transcript
- 11/18/2021
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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?
- 11/18/2021
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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.
- 11/16/2021
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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.
- 11/09/2021
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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, for an undisclosed sum. Midway Wholesale serves customers at 10 locations across Kansas, Missouri, and Nebraska.
- 11/01/2021
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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.
- 10/28/2021
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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.
- 10/26/2021
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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-times his 2022 EBITDA of $598, which has gone up 3% from his prior estimate, adding that this multiple is 1-3 times below its recent highs and in line with its long-term average in spite of the company's improvements to margins and the balance sheet.
- 10/18/2021
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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 that the expansion displays its focus on investing resources in key markets as part of its organic growth strategic initiative.
- 10/06/2021
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Beacon Expands Customer Service in Texas and Florida
- HERNDON, Va.--(BUSINESS WIRE)--Beacon announces the opening of two new branches.
- 10/06/2021
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Beacon Roofing Supply Inc Ranked Among Today's Top Buys Amid Lower Jobless Claims Data
- The Dow Jones rose 130 points, while the S&P 500 and Nasdaq Composite both advanced 0.4%. Make the most of this market with today's Top Buys from Q.ai's artificial intelligence.
- 09/02/2021
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Beacon Recognized by David Weekley Homes for Continued Excellence as National Preferred Partner
- HERNDON, Va.--(BUSINESS WIRE)--Beacon (Nasdaq: BECN) announced today that it has been recognized for a third year as a National Preferred Partner by David Weekley Homes, one of the United States' largest privately-held home builders. The evaluation process involves a comprehensive system that enables David Weekley Homes to measure excellence among its partners. Providers that receive the highest scores throughout the year are presented with the prestigious National Preferred Partners Award. A t
- 08/31/2021
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Beacon Roofing Supply Shifts Fiscal Year-End
- Beacon Roofing Supply, Inc. (NASDAQ: BECN) Board of Directors approved updates to the Nominating and Governance Committee Charter and membership and a change to the company's fiscal year-end. The NGC Charter was updated to explicitly state the committee's role in overseeing corporate social responsibility, safety, and environmental practices.
- 08/17/2021
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Beacon Strengthens Governance, Shifts Fiscal Year End
- HERNDON, Va.--(BUSINESS WIRE)--Beacon announces updates to its Nominating and Governance Committee Charter and membership, as well as a change to its fiscal year end.
- 08/17/2021
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Beacon Roofing Supply, Inc. (BECN) CEO Julian Francis on Q3 2021 Results - Earnings Call Transcript
- Beacon Roofing Supply, Inc. (BECN) CEO Julian Francis on Q3 2021 Results - Earnings Call Transcript
- 08/08/2021
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Beacon (BECN) Q3 Earnings, Sales Top, Up Y/Y on Solid Demand
- Strong cost-control measures and solid residential demand help Beacon Roofing Supply (BECN) to post improved results for third-quarter fiscal 2021.
- 08/06/2021
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Beacon Roofing Supply (BECN) Surpasses Q3 Earnings and Revenue Estimates
- Beacon Roofing (BECN) delivered earnings and revenue surprises of 21.37% and 2.13%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?
- 08/05/2021
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Why the Earnings Surprise Streak Could Continue for Beacon Roofing (BECN)
- 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.
- 07/28/2021
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3 Stocks to Watch Amid Continued Demand for Home Improvement
- Watch out for the likes of GMS (GMS), Beacon Roofing (BECN) and Builders FirstSource (BLDR) as demand for home improvement in the United States looks set to sustain even as the pandemic situation improves.
- 07/28/2021
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How Beacon Roofing (BECN) Stock Stands Out in a Strong Industry
- Beacon Roofing (BECN) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.
- 06/22/2021
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Beacon Roofing (BECN) Up 80% in a Year: More Room to Run?
- Beacon Roofing (BECN) benefits from robust demand in the residential housing market amid pandemic-related constraints.
- 06/21/2021
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Beacon Announces Winner of North American Female Roofing Professional of the Year Competition
- HERNDON, Va.--(BUSINESS WIRE)--Beacon (Nasdaq: BECN) (the “Company”) announced today that Stephanie Pouse is the winner of its inaugural North American Female Roofing Professional of the Year competition, shining a spotlight on inspiring women in the roofing industry across the U.S. and Canada. Stephanie is a partner at Brahma Roofing & Construction in Windsor, Colorado. Stephanie grew up on construction sites, shadowing her father and now business partner, Roy, since hard hats were bigger
- 06/15/2021
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Beacon Roofing Supply, Inc. (BECN) CEO Julian Francis on Q2 2021 Results - Earnings Call Transcript
- Beacon Roofing Supply, Inc. (BECN) CEO Julian Francis on Q2 2021 Results - Earnings Call Transcript
- 05/09/2021
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Beacon's (BECN) Q2 Earnings and Revenues Trump Estimates
- Beacon Roofing Supply (BECN) sees earnings improvement in FYQ2 on solid demand in the housing market & cost-control moves. Yet, soft demand in the nonresidential market somewhat hurts its performance.
- 05/07/2021
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Beacon Roofing Supply (BECN) Surpasses Q2 Earnings and Revenue Estimates
- Beacon Roofing (BECN) delivered earnings and revenue surprises of 2200.00% and 0.10%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?
- 05/06/2021
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Beacon Appoints Jonathan S. Bennett as Executive Vice President & Chief Commercial Officer
- HERNDON, Va.--(BUSINESS WIRE)--Beacon (Nasdaq: BECN) (the “Company”) announced today the appointment of Jonathan S. Bennett as Executive Vice President and Chief Commercial Officer (CCO). Mr. Bennett will join Beacon in this newly created role on June 1, 2021 and be responsible for the Company's integrated go-to-market strategy comprising selling excellence, category management, marketing, pricing, and supply chain. Prior to joining Beacon, Mr. Bennett served as Executive Vice President, Mercha
- 05/05/2021
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Beacon Announces Pricing of $350 Million Senior Notes Offering
- HERNDON, Va.--(BUSINESS WIRE)--Beacon Roofing Supply, Inc. (Nasdaq: BECN) (“Beacon”) announced today the pricing of its previously announced private offering of $350.0 million aggregate principal amount of its 4.125% senior unsecured notes due 2029 (the “Notes”). The initial offering price to investors will be 100.000% of the principal amount thereof. The offering is expected to close on May 10, 2021, subject to customary closing conditions. Beacon intends to use the net proceeds from the offer
- 04/23/2021
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Beacon (BECN) FYQ2 Sales to Grow 10% Y/Y on End-Market Demand
- Solid housing market backdrop and pricing action are set to benefit Beacon Roofing Supply (BECN) in fiscal Q2.
- 04/20/2021
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Short Sellers Retreat Ahead of Beacon Roofing Earnings
- Beacon Roofing Supply, Inc. (NASDAQ:BECN) is an American company that sells residential and non-residential roofing products, as well as related building products in North America.
- 04/15/2021
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Beacon Announces Departure of Chief Human Resources Officer Christopher A. Harrison
- HERNDON, Va.--(BUSINESS WIRE)--Beacon (Nasdaq: BECN) (the “Company”) announced today Executive Vice President & Chief Human Resources Officer Christopher A. Harrison will be leaving the Company later this fiscal year. The Company has initiated a nationwide search for Mr. Harrison's successor. Mr. Harrison will remain CHRO and work closely with President & Chief Executive Officer Julian Francis until his successor is appointed. He then will support the transition of his responsibilities
- 04/07/2021
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Beacon Appoints Christine Stroh Reddy as Executive Vice President, General Counsel & Corporate Secretary
- HERNDON, Va.--(BUSINESS WIRE)--Beacon (Nasdaq: BECN) (the “Company”) announced today the appointment of Christine Stroh Reddy as Executive Vice President, General Counsel and Corporate Secretary. Ms. Reddy will join Beacon later this month and assume her new responsibilities immediately as current General Counsel Ross D. Cooper transitions to his previously announced advisory role. Prior to joining Beacon, Ms. Reddy served fifteen years as Vice President, Deputy General Counsel and Deputy Corpo
- 04/05/2021
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Thompson: Makers of heavy materials will benefit no matter what form the final infrastructure bill
- Kathryn Thompson, CEO of Thompson Research Group, discusses which sectors and companies could benefit the most from President Biden's infrastructure plan, once it gets through Congress.
- 04/05/2021
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Beacon Roofing (BECN)-Estimating Edge Tie Up, Boost E-commerce
- Beacon Roofing (BECN) boosts digital platform with the inclusion of EDGE and EDGE On Site that help track real-time employee hours.
- 03/23/2021
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Beacon Enhances E-Commerce Platform With Estimating Edge Software
- HERNDON, Va.--(BUSINESS WIRE)--Beacon announces integration of Estimating Edge's construction estimation tool and mobile app with Beacon's e-commerce platform, Beacon PRO+.
- 03/22/2021
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Beacon Roofing (BECN) Up 10.8% Since Last Earnings Report: Can It Continue?
- Beacon Roofing (BECN) reported earnings 30 days ago. What's next for the stock?
- 03/10/2021
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Beacon Appoints Earl Newsome, Jr. to Its Board of Directors
- HERNDON, Va.--(BUSINESS WIRE)--Beacon (Nasdaq: BECN) (the “Company”) announced today that it has added Earl Newsome, Jr. to its Board of Directors. Mr. Newsome is a global information technology executive with over 30 years of leadership experience with Fortune 500 firms. He is currently Chief Information Officer, Americas IT for Linde PLC, a $28 billion global industrial gases and engineering firm formed by the merger of Linde and Praxair, Inc. Prior to the merger, he served as Global Chief In
- 03/03/2021
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Beacon to Present at the Raymond James 42nd Annual Institutional Investors Conference
- HERNDON, Va.--(BUSINESS WIRE)--Beacon (Nasdaq: BECN) (the “Company”) announced today that Julian Francis, President & Chief Executive Officer, Frank Lonegro, Executive Vice President & Chief Financial Officer, and Jim Wilson, VP Finance & Treasurer, will present at the Raymond James 42nd Annual Institutional Investors Conference (virtual). The presentation will begin at 8:20 a.m. ET on March 1, 2021. A link to the most recent Beacon investor presentation is available in the Investor
- 02/26/2021
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Beacon Establishes Robert R. Buck Scholarship Program
- HERNDON, Va.--(BUSINESS WIRE)--Beacon (Nasdaq: BECN) (the “Company”) announced today that it has established the Robert R. Buck Scholarship Program in honor of former President, CEO and Chairman of the Board, Robert “Bob” Buck, whose final Board term ended with today's 2021 Annual Meeting of Shareholders. The Robert R. Buck Scholarship Program will award $25,000 in scholarships annually to the dependents of Beacon employees pursuing post-secondary education at a two-year college, four-year univ
- 02/19/2021
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5 Stocks to Watch out for Post Recent Upgrade by Analysts
- With broker advice being indispensable to a winning portfolio, investors should keep tabs on broker-friendly stocks like ArcBest (ARCB), Archer Daniels (ADM), Beacon Roofing (BECN) Antero Resources (AR) and Beazer Homes (BZH).
- 02/11/2021
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Beacon Roofing (BECN) Completes the Sale of Interior Products
- Beacon Roofing Supply (BECN) drives profitability of core exteriors business with the divestiture of Interior Products.
- 02/11/2021
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Beacon Roofing (BECN) Upgraded to Buy: What Does It Mean for the Stock?
- 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.
- 02/09/2021
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Beacon Roofing Supply, Inc. (BECN) CEO Julian Francis on Q1 2021 Results - Earnings Call Transcript
- Beacon Roofing Supply, Inc. (BECN) CEO Julian Francis on Q1 2021 Results - Earnings Call Transcript
- 02/08/2021
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Beacon Roofing Supply (BECN) Beats Q1 Earnings Estimates
- Beacon Roofing (BECN) delivered earnings and revenue surprises of 43.75% and -9.95%, respectively, for the quarter ended December 2020. Do the numbers hold clues to what lies ahead for the stock?
- 02/08/2021
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Beacon Roofing Supply (BECN) Reports Next Week: Wall Street Expects Earnings Growth
- Beacon Roofing (BECN) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- 02/01/2021
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Is Beacon Roofing Supply (BECN) Stock Undervalued Right Now?
- 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 value, growth, and momentum trends to underscore strong picks.
- 01/28/2021
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Recent Analyst Upgrade Adds Sheen to These 5 Stocks
- Broker advice comes in handy for building a winning portfolio. So, one should keep an eye on broker-friendly stocks like Camping World (CWH), Antero Resources (AR), Callon Petroleum (CPE), Cincinnati Bell (CBB) and Beacon Roofing (BECN).
- 01/27/2021
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Beacon to Announce First Quarter 2021 Earnings on February 8, 2021
- HERNDON, Va.--(BUSINESS WIRE)--Beacon (Nasdaq: BECN) (the “Company”) announced today that its first quarter 2021 earnings results for the period ended December 31, 2020 will be released after market close on Monday, February 8, 2021. The same day, the Company will host a conference call and webcast at 5:00 p.m. ET to discuss its financial results. Details for the earnings release event are as follows: What: Beacon First Quarter 2021 Earnings Call When: Monday, February 8, 2021 Time: 5:00 p.m. E
- 01/25/2021
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Beacon Roofing Supply (BECN) Earnings Expected to Grow: Should You Buy?
- 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.
- 01/25/2021
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3 Reasons Why Growth Investors Shouldn't Overlook Beacon Roofing (BECN)
- Beacon Roofing (BECN) could produce exceptional returns because of its solid growth attributes.
- 01/15/2021
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Beacon Roofing Supply (BECN) Is Up 5.03% in One Week: What You Should Know
- Does Beacon Roofing Supply (BECN) have what it takes to be a top stock pick for momentum investors? Let's find out.
- 01/15/2021
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Here's Why You Should Buy Beacon (BECN) Stock Right Now
- Beacon Roofing Supply's (BECN) strategic & digital efforts, strong U.S. housing momentum, as well as solid liquidity are likely to help it grow further.
- 01/11/2021
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Is Beacon Roofing Supply (BECN) Stock Undervalued Right Now?
- 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 value, growth, and momentum trends to underscore strong picks.
- 01/06/2021
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5 of the Best Growth Stocks to Buy as 2021 Trading Kicks Off
- After a tumultuous 2020, Wall Street investors now expect a brighter 2021. This calls for investing in growth stocks like Malibu Boats (MBUU), LaZBoy (LZB) and Alphabet (GOOGL), to name a few.
- 01/04/2021
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3 Reasons Why Beacon Roofing (BECN) Is a Great Growth Stock
- Beacon Roofing (BECN) could produce exceptional returns because of its solid growth attributes.
- 12/30/2020
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Don't Lose Confidence, Scoop Up These 5 Retail Stocks Instead
- Consumer confidence declined for the second successive month in December. But these retailers - DICK'S Sporting (DKS), Beacon Roofing Supply (BECN), MarineMax (HZO), Rite Aid (RAD) Target (TGT) - could still be a great addition to your portfolio.
- 12/23/2020
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Beacon Roofing (BECN) to Sell Interior Products Business at $850M
- Beacon Roofing Supply (BECN) intends to focus on core business of residential and commercial roofing and complementary exterior products with the sale of Interior Products.
- 12/22/2020
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3 Home Improvement Stocks Poised to Continue Winning Streak in 2021
- Home improvements retailers are likely to keep gaining from continued renovation and maintenance-related projects. This along with growth in e-commerce revenues is likely to keep aiding players like HD, BLDR and BECN.
- 12/22/2020
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Is Beacon Roofing Supply (BECN) Stock Undervalued Right Now?
- 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 value, growth, and momentum trends to underscore strong picks.
- 12/21/2020
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Beacon Announces Agreement to Divest Interior Products Business
- HERNDON, Va.--(BUSINESS WIRE)--Beacon (Nasdaq: BECN) (the “Company”) announced the execution of a definitive agreement to sell its interior products business, consisting of 81 branch locations where it distributes construction products including wallboard, acoustical ceilings, steel framing and insulation to both residential and commercial contractors (“Interior Products” or “Interiors”), to affiliates of American Securities LLC, a leading U.S. private equity firm. The cash purchase price of $8
- 12/21/2020
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Beacon Roofing (BECN) Up 3.4% Since Last Earnings Report: Can It Continue?
- Beacon Roofing (BECN) reported earnings 30 days ago. What's next for the stock?
- 12/19/2020
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4 Home Improvement Retailers to Keep Gaining Post-Pandemic
- Home improvement retailers like BECN, BLDR, LOW and HD are likely to keep gaining from favorable demand for renovation and remodeling related products as well as growth in e-commerce operations.
- 12/15/2020
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10 Best Construction Materials Stocks To Buy Now
- In this article, we present the list of the 10 best construction materials stocks to buy right now. Click to skip ahead and see the top 5 construction materials stocks to buy now .
- 11/25/2020
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Beacon Roofing Supply, Inc. (BECN) CEO Julian Francis on Q4 2020 Results - Earnings Call Transcript
- Beacon Roofing Supply, Inc. (BECN) CEO Julian Francis on Q4 2020 Results - Earnings Call Transcript
- 11/19/2020
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Beacon Reports Fourth Quarter and Fiscal Year 2020 Results
- HERNDON, Va.--(BUSINESS WIRE)--Beacon (Nasdaq: BECN) (the “Company”) announced results today for its fourth quarter and fiscal year ended September 30, 2020 (“2020”). Fourth Quarter and Fiscal Year Financial Highlights Q4 2020 Q4 2019 FY 2020 FY 2019 (Unaudited; $ in millions, except per share amounts) Net sales $ 2,017.8 $ 2,029.9 $ 6,943.9 $ 7,105.2 Gross profit $ 514.0 $ 493.5 $ 1,699.2 $ 1,736.6 Gross margin % 25.5 % 24
- 11/19/2020
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Giving Back to Veterans - Nationwide Beacon of Hope Contest Awards New Roofs
- HERNDON, Va.--(BUSINESS WIRE)--Beacon (Nasdaq: BECN) today revealed the three winners of its annual Beacon of Hope contest, a nationwide contest awarding deserving Veteran homeowners with new roofs. As part of Beacon's giving back to its communities, the contest was open to all military Veterans, provided they have received an honorable or general discharge. Together with Veteran-friendly roofing companies, Beacon will deliver and facilitate the necessary roof repairs/replacements to the homes
- 11/11/2020
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Winston Salem Roofing Company Introduces Referral Program | | IT Business Net
- WINSTON-SALEM, NC / ACCESSWIRE / October 16, 2020 / Grace Roofing And Construction LLC - WS, based out of Winston Salem, North Carolina, is pleased to announce that they are launching a brand new refe
- 10/17/2020
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Sunwest Roofing Providing Reliable Residential Roofing Solutions to Homeowners in the Southwest US
- One of Southwest's leading providers of roofing systems is providing residential solutions for homeowners in the Southwest.
- 09/30/2020
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The Best Roofing Company in the Brazos Valley? Schulte Roofing
- For the 11th year, Schulte Roofing has won Best of Brazos Valley, another milestone in its rise from a family roofing company to an industry leader.
- 09/21/2020
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Sunwest Roofing's Commercial Roofing Services Helps Businesses in the Southwest Meet Weather-Related Challenges
- One of Southwest’s leading providers of roofing systems has services to help businesses meet tough weather challenges.
- 08/26/2020
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Beacon Honors Military Veterans,
Kicks Off Annual Nationwide Beacon of Hope Contest
- Beacon (Nasdaq: BECN) is now accepting nominations for its second annual Beacon of Hope contest, a nationwide program awarding deserving veteran homeowners with new roofs. In giving back to its communities, Beacon opens this opportunity to all military veterans, provided they have received an honorable or general discharge. The public can nominate a veteran now through September 24. Beacon is teaming up with veteran-friendly roofing companies to deliver and install all necessary roof repairs/replacement for three veteran homes. In addition, seven runners-up will receive $2,500 to help complete necessary repairs.
- 08/17/2020
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Beacon Appoints Samuel M. Guzman, Jr. as Vice President and Chief Accounting Officer
- Beacon (Nasdaq: BECN) (the "Company") announced today that Samuel M. Guzman, Jr. was appointed its Vice President and Chief Accounting Officer, effective immediately. Mr. Guzman assumes leadership of Beacon’s accounting organization and will oversee all the Company’s accounting operations. Thomas D. Schmitz, who served as the Company’s Interim Chief Accounting Officer, will remain with the Company in a senior financial role.
- 08/12/2020
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Why Beacon (BECN) Stock Might be a Great Pick
- Beacon (BECN) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.
- 08/12/2020
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Beacon's (BECN) Stock Dips Despite Q3 Earnings & Sales Beat
- Strong cost-control measures help Beacon Roofing Supply (BECN) to post improved results for third-quarter fiscal 2020. Yet, soft demand hurts the same to some extent.
- 08/07/2020
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Stocks With Rising Relative Price Strength: Beacon Roofing Supply
- When you're researching the best stocks to buy and watch, keep a close on eye on relative price strength. Beacon Roofing Supply is now considered extended and out of buy range after clearing a 30.65 buy point in a first-stage consolidation. Tractor Supply, Fastenal and Lowes Companies are among the top 5 highly rated stocks within the group.
- 08/06/2020
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Beacon Roofing Supply (BECN) Q3 Earnings and Revenues Beat Estimates
- Beacon Roofing (BECN) delivered earnings and revenue surprises of 52.46% and 1.85%, respectively, for the quarter ended June 2020. Do the numbers hold clues to what lies ahead for the stock?
- 08/06/2020
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Beacon Reports Third Quarter 2020 Results
- Beacon (Nasdaq: BECN) (the "Company") announced results today for its third quarter and nine-month period ended June 30, 2020 ("2020").
- 08/06/2020
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Beacon Roofing Supply Earnings Preview
- Beacon Roofing Supply (NASDAQ: BECN) announces its next round of earnings this Thursday, August 06. Here is Benzinga's everything-that-matters guide for this Thursday's Q3 earnings announcement.Earnings and Revenue Analysts expect Beacon Roofing Supply earnings of $0.59 per share. Revenue will likely be around $1.73 billion, according to the consensus estimate. Beacon Roofing Supply reported a profit of $1.120 per share when it published results during the same quarter last year. Sales in that period totaled $1.93 billion. The Wall Street consensus estimate for earnings would represent a 47.32% decrease for the company. Here's how the Beacon Roofing Supply's reported EPS has stacked up against analyst estimates in the past:Quarter Q2 2020 Q1 2020 Q4 2019 Q3 2019 EPS Estimate -0.32 0.43 1.21 1.25 EPS Actual -0.18 0.41 1.04 1.12 Revenue Estimate 1.44 B 1.71 B 2.05 B 1.99 B Revenue Actual 1.46 B 1.68 B 2.03 B 1.93 B Stock Performance Over the last 52-week period, shares are up 12.17%. Given that these returns are generally positive, long-term shareholders can be satisfied going into this earnings release.View more earnings on BECNDon't be surprised to see the stock move on comments made during its conference call. Beacon Roofing Supply is scheduled to hold the call at 17:00:00 ET and can be accessed here: https://event.on24.com/eventRegistration/EventLobbyServlet?target=reg20.jsp&referrer=https%3A%2F%2Fir.beaconroofingsupply.com%2Ffinancials-and-presentations%2Fevents-and-presentations%2Fdefault.aspx&eventid=2403358&sessionid=1&key=2384765A78ED68F49E6514A81BE2B8C4®Tag=&sourcepage=registerSee more from Benzinga * Benzinga's Top Upgrades, Downgrades For July 17, 2020(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
- 08/05/2020
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Is a Surprise Coming for Beacon Roofing (BECN) This Earnings Season?
- Beacon Roofing (BECN) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
- 08/05/2020
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Are Investors Undervaluing Beacon Roofing Supply (BECN) Right Now?
- 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 value, growth, and momentum trends to underscore strong picks.
- 08/03/2020
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Beacon Roofing Supply (NASDAQ:BECN) Upgraded at BidaskClub
- Beacon Roofing Supply (NASDAQ:BECN) was upgraded by investment analysts at BidaskClub from a “hold” rating to a “buy” rating in a research note issued on Saturday, BidAskClub reports. Other research analysts also recently issued reports about the company. Wells Fargo & Co reiterated an “average” rating on shares of Beacon Roofing Supply in a report […]
- 08/03/2020
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Beacon Roofing Supply (BECN) Expected to Beat Earnings Estimates: Can the Stock Move Higher?
- 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.
- 07/30/2020
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Beacon Recognized as National Preferred Partner by David Weekley Homes
- Beacon (Nasdaq: BECN), North America’s largest publicly traded distributor of residential and commercial roofing materials and complementary building products, announced today that it has been recognized for a second year as a National Preferred Partner by David Weekley Homes, one of the United States’ largest privately-held home builders.
- 07/30/2020
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Did Hedge Funds Make The Right Call On Beacon Roofing Supply, Inc. (BECN)?
- How do you pick the next stock to invest in? One way would be to spend days of research browsing through thousands of publicly traded companies. However, an easier way is to look at the stocks that smart money investors are collectively bullish on. Hedge funds and other institutional investors usually invest large amounts of […]
- 07/28/2020
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Beacon to Announce Third Quarter 2020 Earnings on August 6, 2020
- Beacon (Nasdaq: BECN) (the "Company") announced today that its third quarter 2020 earnings results for the period ended June 30, 2020 will be released after market close on Thursday, August 6, 2020. The same day, the Company will host a conference call and webcast at 5:00 p.m. ET to discuss its financial results. Details for the earnings release event are as follows:
- 07/23/2020
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A Look At The Intrinsic Value Of Beacon Roofing Supply, Inc. (NASDAQ:BECN)
- Does the July share price for Beacon Roofing Supply, Inc. (NASDAQ:BECN) reflect what it's really worth? Today, we will...
- 07/23/2020
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Northcoast Research Upgrades Beacon Roofing Supply (NASDAQ:BECN) to Buy
- Beacon Roofing Supply (NASDAQ:BECN) was upgraded by research analysts at Northcoast Research from a “neutral” rating to a “buy” rating in a report released on Friday, Marketbeat.com reports. The brokerage presently has a $34.00 target price on the stock. Northcoast Research’s target price would suggest a potential upside of 19.05% from the stock’s current price. […]
- 07/19/2020
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Benzinga's Top Upgrades, Downgrades For July 17, 2020
- Upgrades * Northcoast Research changed the rating for Beacon Roofing Supply Inc (NASDAQ: BECN) from Neutral to Buy. For the second quarter, Beacon Roofing Supply had an EPS of ($0.18), compared to year-ago quarter EPS of ($0.45). The stock has a 52-week-high of $37.87 and a 52-week-low of $11.66. Beacon Roofing Supply's stock last closed at $27.62 per share. * Baird upgraded the stock for Dover Corp (NYSE: DOV) from Neutral to Outperform. For the first quarter, Dover had an EPS of $1.39, compared to year-ago quarter EPS of $1.24. The stock has a 52-week-high of $120.26 and a 52-week-low of $62.95. Dover's stock last closed at $102.30 per share. * Deutsche Bank changed the rating for JB Hunt Transport Services Inc (NASDAQ: JBHT) from Sell to Hold. For the second quarter, JB Hunt Transport Servs had an EPS of $1.14, compared to year-ago quarter EPS of $1.23. The stock has a 52-week-high of $133.00 and a 52-week-low of $75.29. JB Hunt Transport Servs's stock last closed at $132.55 per share. * Stifel upgraded the stock for Insight Enterprises Inc (NASDAQ: NSIT) from Hold to Buy. For the first quarter, Insight Enterprises had an EPS of $1.30, compared to year-ago quarter EPS of $1.10. The stock has a 52-week-high of $73.22 and a 52-week-low of $28.25. Insight Enterprises's stock last closed at $47.34 per share. * RBC Capital changed the rating for Hecla Mining Co (NYSE: HL) from Underperform to Sector Perform. In the first quarter, Hecla Mining showed an EPS of ($0.03), compared to ($0.04) from the year-ago quarter. The stock has a 52-week-high of $4.43 and a 52-week-low of $1.38. Hecla Mining's stock last closed at $4.25 per share. Downgrades * For Welbilt Inc (NYSE: WBT), Citigroup downgraded the stock from Buy to Neutral. For the first quarter, Welbilt had an EPS of $0.01, compared to year-ago quarter EPS of $0.05. The stock has a 52-week-high of $19.81 and a 52-week-low of $3.17. Welbilt's stock last closed at $6.67 per share. * Craig-Hallum downgraded the stock for InnerWorkings Inc (NASDAQ: INWK) from Buy to Hold. For the first quarter, InnerWorkings had an EPS of $0.04, compared to year-ago quarter EPS of $0.02. The stock has a 52-week-high of $5.81 and a 52-week-low of $0.87. InnerWorkings's stock last closed at $2.85 per share. * Northcoast Research downgraded the stock for AutoNation Inc (NYSE: AN) from Buy to Neutral. AutoNation earned $0.91 in the first quarter, compared to $1.05 in the year-ago quarter. The stock has a 52-week-high of $53.19 and a 52-week-low of $20.59. AutoNation's stock last closed at $44.60 per share. * CL King changed the rating for Crocs Inc (NASDAQ: CROX) from Buy to Neutral. In the first quarter, Crocs showed an EPS of $0.22, compared to $0.36 from the year-ago quarter. The stock has a 52-week-high of $43.79 and a 52-week-low of $8.40. Crocs's stock last closed at $36.47 per share. * Northcoast Research changed the rating for Penske Automotive Group Inc (NYSE: PAG) from Buy to Neutral. Penske Automotive Group earned $0.64 in the first quarter, compared to $1.25 in the year-ago quarter. The stock has a 52-week-high of $53.81 and a 52-week-low of $19.99. Penske Automotive Group's stock last closed at $46.48 per share. * RBC Capital downgraded the stock for Synovus Financial Corp (NYSE: SNV) from Sector Perform to Underperform. For the first quarter, Synovus Finl had an EPS of $0.21, compared to year-ago quarter EPS of $0.98. The stock has a 52-week-high of $40.32 and a 52-week-low of $10.91. Synovus Finl's stock last closed at $19.72 per share. * BOCOM International downgraded the stock for Bilibili Inc (NASDAQ: BILI) from Buy to Neutral. Bilibili earned ($0.20) in the first quarter, compared to ($0.06) in the year-ago quarter. The stock has a 52-week-high of $51.25 and a 52-week-low of $13.23. Bilibili's stock last closed at $42.54 per share. * JP Morgan downgraded the stock for LendingTree Inc (NASDAQ: TREE) from Overweight to Neutral. LendingTree earned $1.20 in the first quarter, compared to $1.10 in the year-ago quarter. The stock has a 52-week-high of $429.78 and a 52-week-low of $135.72. LendingTree's stock last closed at $317.68 per share. * For Netflix Inc (NASDAQ: NFLX), Credit Suisse downgraded the stock from Outperform to Neutral. In the second quarter, Netflix showed an EPS of $1.59, compared to $0.60 from the year-ago quarter. The stock has a 52-week-high of $575.37 and a 52-week-low of $252.28. Netflix's stock last closed at $527.39 per share. Initiations * For Cloudflare Inc (NYSE: NET), William Blair initiated coverage, by setting the current rating at Outperform. In the first quarter, Cloudflare earned ($0.04). The stock has a 52-week-high of $42.60 and a 52-week-low of $14.50. Cloudflare's stock last closed at $35.13 per share. * Barclays initiated coverage on Cardiovascular Systems Inc (NASDAQ: CSII) with an Overweight rating. The price target for Cardiovascular Systems is set at $45.00. Cardiovascular Systems earned ($0.08) in the third quarter, compared to $0.02 in the year-ago quarter. The stock has a 52-week-high of $55.22 and a 52-week-low of $26.00. Cardiovascular Systems's stock last closed at $28.61 per share. * With a rating of Buy, Argus Research initiated coverage on Hormel Foods Corp (NYSE: HRL). The price target is set at $56.00 for Hormel Foods. In the second quarter, Hormel Foods showed an EPS of $0.42, compared to $0.46 from the year-ago quarter. The stock has a 52-week-high of $51.53 and a 52-week-low of $39.01. Hormel Foods's stock last closed at $49.53 per share. * With a rating of Overweight, Cantor Fitzgerald initiated coverage on Curis Inc (NASDAQ: CRIS). The price target is set at $4.00 for Curis. In the first quarter, Curis showed an EPS of ($0.28), compared to ($30.00) from the year-ago quarter. The stock has a 52-week-high of $3.59 and a 52-week-low of $0.62. Curis's stock last closed at $1.18 per share. * Credit Suisse initiated coverage on Kingsoft Cloud Holdings Ltd (NASDAQ: KC) with an Outperform rating. The stock has a 52-week-high of $42.80 and a 52-week-low of $17.01. Kingsoft Cloud Holdings's stock last closed at $30.50 per share. * For The Chefs' Warehouse Inc (NASDAQ: CHEF), BTIG initiated coverage, by setting the current rating at Neutral. The Chefs' Warehouse earned ($0.60) in the first quarter, compared to $0.05 in the year-ago quarter. The stock has a 52-week-high of $42.06 and a 52-week-low of $3.55. The Chefs' Warehouse's stock last closed at $13.16 per share. * With a rating of Buy, BTIG initiated coverage on Performance Food Group Co (NYSE: PFGC). The price target is set at $35.00 for Performance Food Group. In the third quarter, Performance Food Group showed an EPS of $0.58, compared to $0.35 from the year-ago quarter. The stock has a 52-week-high of $54.49 and a 52-week-low of $7.41. Performance Food Group's stock last closed at $27.39 per share. * BTIG initiated coverage on US Foods Holding Corp (NYSE: USFD) with a Buy rating. The price target for US Foods Hldg is set at $25.00. For the first quarter, US Foods Hldg had an EPS of $0.15, compared to year-ago quarter EPS of $0.37. The stock has a 52-week-high of $43.10 and a 52-week-low of $8.32. US Foods Hldg's stock last closed at $21.07 per share. * For SpartanNash Co (NASDAQ: SPTN), BTIG initiated coverage, by setting the current rating at Neutral. For the first quarter, SpartanNash had an EPS of $0.67, compared to year-ago quarter EPS of $0.24. The stock has a 52-week-high of $22.80 and a 52-week-low of $8.82. SpartanNash's stock last closed at $21.27 per share. * BTIG initiated coverage on United Natural Foods Inc (NYSE: UNFI) with a Neutral rating. United Natural Foods earned $1.40 in the third quarter, compared to $0.61 in the year-ago quarter. The stock has a 52-week-high of $23.38 and a 52-week-low of $5.00. United Natural Foods's stock last closed at $19.43 per share.See more from Benzinga * Kansas City Southern's Debt Overview * A Look Into PPG's Debt * Recap: Kansas City Southern Q2 Earnings(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
- 07/17/2020
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Are Investors Undervaluing Beacon Roofing Supply (BECN) Right Now?
- 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 value, growth, and momentum trends to underscore strong picks.
- 07/14/2020
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Beacon Roofing Supply, Inc. (NASDAQ:BECN) Expected to Announce Quarterly Sales of $1.74 Billion
- Equities research analysts forecast that Beacon Roofing Supply, Inc. (NASDAQ:BECN) will report $1.74 billion in sales for the current quarter, Zacks reports. Nine analysts have issued estimates for Beacon Roofing Supply’s earnings, with the highest sales estimate coming in at $1.83 billion and the lowest estimate coming in at $1.61 billion. Beacon Roofing Supply reported […]
- 07/13/2020
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Invesco Ltd. Boosts Holdings in Beacon Roofing Supply, Inc. (NASDAQ:BECN)
- Invesco Ltd. raised its stake in shares of Beacon Roofing Supply, Inc. (NASDAQ:BECN) by 2.2% during the 1st quarter, HoldingsChannel.com reports. The firm owned 718,416 shares of the company’s stock after acquiring an additional 15,685 shares during the quarter. Invesco Ltd.’s holdings in Beacon Roofing Supply were worth $11,884,000 at the end of the most […]
- 07/03/2020
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Three Reasons Why We Are Bullish With Lowe's Companies Inc.
- Lowe's Companies Inc. stock has risen by more than 100% since March 18, 2020 due to increased expenditures by millennials on home improvement services. Lowe's n
- 06/29/2020
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Deutsche Bank Raises Beacon Roofing Supply (NASDAQ:BECN) Price Target to $26.00
- Beacon Roofing Supply (NASDAQ:BECN) had its price target hoisted by equities researchers at Deutsche Bank from $20.00 to $26.00 in a research note issued to investors on Tuesday, The Fly reports. The firm currently has a “hold” rating on the stock. Deutsche Bank’s price objective indicates a potential downside of 1.18% from the company’s current […]
- 06/25/2020
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Are Hedge Funds Seeking Shelter Under Beacon Roofing Supply, Inc. (BECN)?
- The financial regulations require hedge funds and wealthy investors that exceeded the $100 million equity holdings threshold to file a report that shows their positions at the end of every quarter. Even though it isn't the intention, these filings to a certain extent level the playing field for ordinary investors. The latest round of 13F […]
- 06/22/2020
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How Beacon Roofing (BECN) Stock Stands Out in a Strong Industry?
- Beacon Roofing (BECN) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.
- 06/17/2020
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Edited Transcript of BECN earnings conference call or presentation 7-May-20 9:00pm GMT
- Q2 2020 Beacon Roofing Supply Inc Earnings Call
- 06/12/2020
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Citigroup Inc. Boosts Stock Holdings in Beacon Roofing Supply, Inc. (NASDAQ:BECN)
- Citigroup Inc. grew its stake in shares of Beacon Roofing Supply, Inc. (NASDAQ:BECN) by 20.6% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 41,110 shares of the company’s stock after buying an additional 7,025 shares during the period. Citigroup Inc.’s holdings in Beacon Roofing […]
- 06/10/2020
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Beacon's (BECN) May Daily Sales Improve as Economies Reopen
- With the reopening of the economy after coronavirus-induced shutdowns, Beacon Roofing Supply's (BECN) May sales witness a significant jump.
- 06/09/2020
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Beacon to Present at William Blair Conference; Provides Business Update
- Beacon (Nasdaq: BECN) (the "Company") announced today that Julian Francis, President & Chief Executive Officer, and Frank Lonegro, Executive Vice President & Chief Financial Officer, will participate in the virtual William Blair 40th Annual Growth Stock Conference on June 9, 2020.
- 06/08/2020
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Why Is Beacon Roofing (BECN) Up 30.7% Since Last Earnings Report?
- Beacon Roofing (BECN) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
- 06/06/2020
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Beacon Roofing Up 24% Over a Month: Will the Rally Continue?
- Beacon Roofing Supply (BECN) is set to benefit from strategic initiatives and e-commerce channels despite coronavirus impacts.
- 06/04/2020
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Beacon Roofing Supply, Inc. -- Moody's downgrades Beacon Roofing Supply's CFR to B2; negative outlook
- Moody's also downgraded the rating on Beacon's senior secured debt to B2 from B1 and the rating on the company's senior unsecured notes due 2025 to Caa1 from B3. The SGL-2 Speculative Grade Liquidity Rating is maintained.
- 06/01/2020
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Global Cladding Systems Industry
- NEW YORK, May 13, 2020 /PRNewswire via COMTEX/ --
NEW YORK, May 13, 2020 /PRNewswire/ -- Cladding Systems market worldwide is projected to grow by US$215.7...
- 05/13/2020
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Beacon Roofing Supply, Inc. (BECN) CEO Julian Francis on Q2 2020 Results - Earnings Call Transcript
- Beacon Roofing Supply, Inc. (NASDAQ:BECN) Q2 2020 Earnings Conference Call May 7, 2020 17:00 ET Company Participants Julian Francis - President & Chief Exec
- 05/10/2020
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Beacon Roofing Supply (BECN) Q2 2020 Earnings Call Transcript
- Forward-looking statements are only predictions and are subject to a number of risks and uncertainties. As a result of various important factors including, but not limited to, those set forth in the Risk Factors section of the company's latest Form 10-K. These forward-looking statements fall within the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 regarding future events and the future financial performance of the company including the company's financial outlook. The forward-looking statements contained in this call are based on information as of today, May 7, 2020, and except as required by law, the company undertakes no obligation to update or revise any of these forward-looking statements.
- 05/09/2020
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Edited Transcript of BECN earnings conference call or presentation 7-May-20 9:00pm GMT
- Q2 2020 Beacon Roofing Supply Inc Earnings Call
- 05/08/2020
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Beacon Roofing (BECN) Q2 Loss In Line, Margins Increase Y/Y
- Strong sales and cost-control measures help Beacon Roofing Supply (BECN) to post improved results in second-quarter fiscal 2020.
- 05/08/2020
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SunTrust Robinson Humphrey Maintains Buy on Beacon Roofing Supply, Raises Price Target to $26
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U.S. RESEARCH ROUNDUP-Becton Dickinson, Epam Systems, PayPal Holdings
- Wall Street securities analysts on Friday revised their ratings and price targets on several
U.S.-listed companies, including Becton Dickinson, Epam Systems and PayPal Holdings.
HIGHLIGHTS
* Becton Dickinson and Co : Citigroup raises price target to $260 from $234
* Carrols Restaurant Group Inc : Craig-Hallum raises to buy from hold; raises target price to $5 from $3.75
* Computer Programs and Systems Inc : Cantor Fitzgerald raises to overweight from neutral
* Epam Systems Inc : Citigroup raises price target to $265 from $245
* PayPal Holdings Inc : Citigroup raises price target to $145 from $131
Following is a summary of research actions on U.S. companies reported by Reuters on Friday. Stock entries are in alphabetical
order.
* Aaron's Inc : Keybanc cuts target price to $55 from $66
* Aaron's Inc : Raymond James cuts target price to $50 from $60
* Aaron's Inc : Stephens raises target price to $45 from $26
* Abeona Therapeutics Inc : RBC cuts target price to $7 from $11
* Acceleron pharma Inc : Credit Suisse raises target price to $123 from $99
* ACI Worldwide Inc : Canaccord Genuity cuts target price to $35 from $44
* Acushnet Holdings Corp : Jefferies raises target price to $25 from $24
* Acushnet Holdings Corp : JP Morgan raises target price to $30 from $27
* Adtran Inc : Cowen and Company raises price target to $13 from $9
* Aeglea Bio Therapeutics Inc : Needham cuts price target to $11 from $14
* Aerie Pharmaceuticals Inc : Citigroup cuts price target to $38 from $39
* Agco Corp : Citigroup cuts price target to $55 from $57
* AIG : KBW raises target price to $36 from $35
* Alaska Air Group Inc : Credit Suisse cuts target price to $51 from $82
* Allison Transmission Holdings Inc : Citigroup raises price target to $39 from $38
* Allscripts Healthcare Solutions : Cantor Fitzgerald cuts PT to $6 from $8
* Alteryx Inc : Guggenheim cuts target price to $130 from $160
* American Airlines : Credit Suisse cuts target price to $4 from $26
* Ameriprise Financial Inc : Credit Suisse raises target price to $165 from $153
* Ameriprise Financial Inc : Piper Sandler raises target price to $150 from $130
* Amerisourcebergen Corp : Baird raises target price to $115 from $109
* Amerisourcebergen Corp : Mizuho raises target price to $90 from $85
* Amtech Systems Inc : Cowen and Company raises target price to $7.50 from $7
* Angi Homeservices Inc : Needham raises target price to $11 from $8
* Ani Pharmaceuticals Inc : Guggenheim cuts target price to $48 from $58
* Ansys Inc : RBC raises target price to $260 from $230
* Anthem Inc : Bernstein raises target price to $357 from $342
* Appian Corp : Cowen and Company raises price target to $44 from $39
* Applied Optoelectronics Inc : D.A. Davidson raises target price to $12 from $10
* Applied Optoelectronics Inc : Piper Sandler raises target price to $10 from $7.50
* Aptiv Plc : Citigroup raises price target to $84 from $67
* ArcelorMittal SA : Keybanc raises target price to $15 from $13
* Arcturus Therapeutics Holdings Inc : Baird raises target price to $44 from $26
* Arcturus Therapeutics Holdings Inc : Guggenheim raises target price to $51 from $41
* Ares Capital Corp : Citigroup raises price target to $15 from $13
* Athersys Inc : Needham cuts price target to $5 from $6
* Atlas Air Worldwide Holdings Inc : Cowen and Company raises PT to $44 from $40
* Avalara Inc : Canaccord Genuity raises target price to $115 from $105
* Avalara Inc : JP Morgan raises target price to $120 from $104
* Avalara Inc : Mizuho raises price target to $120 from $85
* Avalara Inc : Piper Sandler raises target price to $113 from $90
* Avalonbay Communities Inc : Stifel raises target price to $176 from $171
* Avrobio Inc : Guggenheim raises target price to $50 from $49
* Axalta Coating Systems Ltd : RBC raises target price to $21 from $20
* Bausch Health Companies Inc : Piper Sandler cuts target price to $32 from $34
* Beacon Roofing Supply Inc : SunTrust Robinson raises target price to $26 from $24
* Beacon Roofing Supply Inc : Wedbush raises target price to $23 from $16
* Becton Dickinson and Co : Citigroup raises price target to $260 from $234
* Becton Dickinson and Co : Evercore ISI raises target price to $270 from $255
* Beyond Meat Inc : Berenberg raises price target to $125 from $115
* Bill.Com Holdings Inc : Canaccord Genuity raises target price to $65 from $50
* Bill.Com Holdings Inc : Jefferies raises target price to $70 from $45
* Bill.Com Holdings Inc : Keybanc raises target price to $76 from $60
* Bill.Com Holdings Inc : Needham raises target price to $90 from $55
* Biomarin Pharmaceutical Inc : Canaccord Genuity raises PT to $119 from $108
* BJ's Restaurants Inc : Wedbush cuts target price to $32 from $39
* Booking Holdings Inc : Credit Suisse raises target price to $1,810 from $1,790
* Booking Holdings Inc : Jefferies cuts target price to $1300 from $1350
* Booking Holdings Inc : Mizuho cuts price target to $1700 from $1720
* Booking Holdings Inc : RBC raises target price to $1,550 from $1,535
* Booking Holdings Inc : RBC raises target price to $1550 from $1535
* BorgWarner Inc : Citigroup raises price target to $30 from $23
* BorgWarner Inc : Credit Suisse raises target price to $33 from $31
* Bottomline Technologies (De) Inc : Citigroup raises price target to $46 from $43
* Bright Horizons Family Solutions Inc : Citigroup raises PT to $122 from $80
* Brightsphere Investment Group Inc : Evercore ISI raises target to $9 from $6
* Brightsphere Investment Group Inc : KBW raises target price to $9.50 from $7.25
* Brightview Holdings Inc : Credit Suisse cuts target price to $14 from $18
* Brightview Holdings Inc : Jefferies raises target price to $14 from $12
* Cabot Microelectronics Corp : Citigroup cuts price target to $140 from $175
* Cactus Inc : zephirin Group raises price objective to $12 from $8
* Calithera Biosciences Inc : Jefferies raises target price to $9 from $6
* Calyxt Inc : BMO cuts price target to $7 from $13
* Calyxt Inc : BMO cuts to market perform from outperform
* Camping World Holdings Inc : Credit Suisse raises target price to $12 from $11
* Camping World Holdings Inc : JP Morgan raises price target to $11 from $10
* Capstar Financial Holdings Inc : KBW raises target price to $11 from $10.50
* Cargurus Inc : BTIG raises target price to $26 from $23
* Carrols Restaurant Group Inc : Craig-Hallum raises to buy from hold; raises target price to $5 from $3.75
* Castlight Health Inc : Cantor Fitzgerald cuts target price to $1 from $2
* Catasys Inc : Canaccord Genuity raises target price to $36 from $35
* CBRE Group Inc : Evercore ISI cuts target price to $48 from $50
* CBRE Group Inc : KBW cuts target price to $51 from $52
* Centerpoint Energy Inc : Guggenheim raises target price to $26 from $25
* Centerpoint Energy Inc : Keybanc raises target price to $16 from $12
* Centurylink Inc : RBC cuts target price to $10 from $14
* CF Industries Holdings Inc : Citigroup cuts price target to $29 from $31
* CF Industries Holdings Inc : Scotiabank raises target price to $32 from $31
* ChannelAdvisor Corp : Needham raises price target to $14 from $11
* Charles River Laboratories International : Credit Suisse cuts PT to $159 from $162
* Charles River Laboratories International : Evercore ISI ups PT to $176 from $154
* Charles River Laboratories International : Jefferies raises PT to $161 from $139
* Charles River Laboratories International Inc : Citigroup raises price target to $190 from $165
* Chart Industries Inc : zephirin Group raises price objective to $25 from $17
* Charter Communications Inc : Benchmark raises price target to $600 from $523
* Chemours Co : Citigroup raises price target to $13 from $8
* Cimarex Energy Co : MKM Partners raises target price to $34 from $31
* City Holding Co : Stephens cuts target price to $63 from $64.
- 05/08/2020
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Beacon Roofing (BECN) Q2 Loss In Line, Margins Increase Y/Y
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Beacon Roofing Supply (BECN) Reports Q2 Loss, Tops Revenue Estimates
- Beacon Roofing (BECN) delivered earnings and revenue surprises of 0.00% and 0.80%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?
- 05/07/2020
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Beacon Roofing Supply Q2 EPS $(1.870) Misses $(0.320) Estimate, Sales $1.458B Beat $1.440B Estimate
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Beacon Reports Second Quarter 2020 Results
- Beacon (Nasdaq: BECN) (the "Company") announced results today for its second quarter and six-month period ended March 31, 2020 ("2020").
- 05/07/2020
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Promotions Within RoofClaim.com
- As RoofClaim.com continues to expand nationally, they also undergo several internal transitions as multiple employees gain well-earned promotions.
- 05/07/2020
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Foundation Building Materials, Inc. Appoints Mr. Onur Demirkaya as Chief Accounting Officer
- Foundation Building Materials, Inc. (“FBM” or the “Company”) (NYSE: FBM), one of the largest specialty building products distributors of wallboard, su
- 05/04/2020
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Beacon Roofing Supply (BECN) Expected to Beat Earnings Estimates: What to Know Ahead of Q2 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.
- 04/30/2020
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Beacon Roofing Supply (BECN) Expected to Beat Earnings Estimates: What to Know Ahead of Q2 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.
- 04/30/2020
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Beacon Roofing Supply (BECN) to Release Earnings on Thursday
- Beacon Roofing Supply (NASDAQ:BECN) is scheduled to be announcing its earnings results after the market closes on Thursday, May 7th. Analysts expect the company to announce earnings of ($0.28) per share for the quarter. Persons that are interested in registering for the company’s earnings conference call can do so using this link. Beacon Roofing Supply […]
- 04/30/2020
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Beacon Roofing Supply (NASDAQ:BECN) Upgraded by BidaskClub to Sell
- Beacon Roofing Supply (NASDAQ:BECN) was upgraded by equities research analysts at BidaskClub from a “strong sell” rating to a “sell” rating in a research report issued to clients and investors on Thursday, BidAskClub reports. Several other research analysts also recently commented on the company. Stephens lifted their target price on Beacon Roofing Supply from $34.00 […]
- 04/30/2020
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Beacon Roofing Supply (BECN) Expected to Beat Earnings Estimates: What to Know Ahead of Q2 Release
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Beacon Healthcare Systems Names Manish Nautiyal Senior Vice President of IT Development and Infrastructure
- Beacon Healthcare Systems announced today the appointment of Manish Nautiyal as its new senior vice president of IT development and infrastructure.
- 04/29/2020
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Md. lawmakers want NIH, Walter Reed made available for local Covid-19 testing operations
- Maryland lawmakers are urging the White House to make federal facilities like the National Institutes of Health in Bethesda available for local Covid-19 testing operations.
- 04/29/2020
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Brokers Offer Predictions for Beacon Roofing Supply, Inc.'s Q2 2020 Earnings (NASDAQ:BECN)
- Beacon Roofing Supply, Inc. (NASDAQ:BECN) – Equities research analysts at William Blair increased their Q2 2020 earnings per share (EPS) estimates for shares of Beacon Roofing Supply in a research note issued to investors on Wednesday, April 22nd. William Blair analyst R. Merkel now anticipates that the company will post earnings per share of $0.13 […]
- 04/27/2020
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Beacon to Announce Second Quarter 2020 Earnings on May 7, 2020
- Beacon (Nasdaq: BECN) (the "Company") announced today that its second quarter 2020 earnings results for the period ended March 31, 2020 will be released after market close on Thursday, May 7, 2020. The same day, the Company will host a webcast and conference call at 5:00 p.m. ET to review and
- 04/24/2020
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Mass Luminosity Announces Its Next-Generation Video and Voice Conferencing Service, Beacon
- Mass Luminosity, a Dallas/Fort Worth based research, technology and experiential company, announces Beacon, a video and voice conference service dedicated to privacy and security. Pre-registration for the service begins Friday, April 24 at 1pm (CST) at www.prebeacon.com with the official launch set for
- 04/24/2020
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7Park Data’s New Beacon Report Series Leverages Unique Datasets and Domain Expertise to Provide Forward-Looking View of Company and Sector Activity and Analysis of Underlying Performance Drivers
- 7Park Data launches Beacon by 7Park Report Series
- 04/23/2020
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Benzinga Pro's Top 5 Stocks To Watch For Thurs., Apr. 23, 2020: TGT, MAR, ZM, GOOD, BECN
- Today's 5 Stock Ideas: * Target (TGT) \- A play on the US economy reopening. Despite news Thursday morning Target's quarter-to-date same-store sales were up 7% year over year, the stock was down 4% in pre-open action. An expectation for Q1 operating margin to be down 5% likely weighed.
- 04/23/2020
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The coronavirus pandemic is accelerating local news trends, for bad and good
- COVID-19 has shown the value of local news, boosted audiences and increased subscriptions. But the virus could be fatal to news coverage in some places.
- 04/22/2020
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Beacon sees sales up 2% in Q2; withdraws FY20 expectations
- Beacon (NASDAQ:BECN) announces preliminary Q2 net sales estimate of $1.46B (+2% Y/Y) vs. $1.43B consensus and daily sales increase of 0.5% Y/Y; Net loss to be in range of $120M to $130M; adj. EBITDA t
- 04/22/2020
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Beacon Sees Q2 Net Sales ~$1.46B vs $1.43B Estimate, Net Income $143M, Adj. EBITDA $30M-$40M
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Beacon Announces Preliminary Financial Results for Q2 2020 and Provides COVID-19 Business Update
- Beacon (Nasdaq: BECN) (the "Company") announced today preliminary financial results for its fiscal year 2020 second quarter and provided a COVID-19 business update. The COVID-19 update addresses recent business trends, management’s rapid action to reduce costs and increase financial flexibility, and the Company’s continued efforts to assist its customers in the current environment. A supplemental presentation to the COVID-19 business update is available within the Investor Relations section of the Company’s website.
- 04/22/2020
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Beacon Roofing Supply (NASDAQ:BECN) Downgraded to Underperform at Royal Bank of Canada
- Beacon Roofing Supply (NASDAQ:BECN) was downgraded by stock analysts at Royal Bank of Canada from a “sector perform” rating to an “underperform” rating in a research note issued on Sunday, Benzinga reports. A number of other brokerages also recently weighed in on BECN. Loop Capital assumed coverage on shares of Beacon Roofing Supply in a […]
- 04/21/2020
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Part of Washington Convention Center to become field hospital for COVID-19 patients
- Parts of the Walter E. Washington Convention Center will be converted into a field hospital.
- 04/20/2020
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Beacon Roofing Supply, Inc. (NASDAQ:BECN) Short Interest Down 13.9% in March
- Beacon Roofing Supply, Inc. (NASDAQ:BECN) was the recipient of a large decline in short interest in the month of March. As of March 31st, there was short interest totalling 3,290,000 shares, a decline of 13.9% from the March 15th total of 3,823,100 shares. Based on an average trading volume of 713,600 shares, the short-interest ratio […]
- 04/20/2020
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SunTrust Robinson Humphrey Maintains Buy on Beacon Roofing Supply, Lowers Price Target to $24
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Wells Fargo Maintains Equal-Weight on Beacon Roofing Supply, Lowers Price Target to $19
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Beacon Roofing names Frank Lonegro as EVP, CFO BECN;CSX
- Beacon Roofing names Frank Lonegro as EVP, CFO BECN CSX
- 04/15/2020
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Beacon Names Frank Lonegro CFO
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Beacon Appoints Frank A. Lonegro as Executive Vice President and Chief Financial Officer
- Beacon (Nasdaq: BECN) (the "Company") announced today the appointment of Frank A. Lonegro as Executive Vice President and Chief Financial Officer. Mr. Lonegro will join Beacon on April 20, 2020 and assume his role as Chief Financial Officer on or about May 15, 2020 as current Chief Financial
- 04/15/2020
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Christina Mainelli Joins Unite Us as Chief Operating Officer
- Unite Us, the leading technology company that builds coordinated care networks of health and social service providers, today announced that Christina Mainelli has joined the company as Chief Operating Officer. Mainelli brings to the team over 15 years of experience in both healthcare and behavioral health
- 04/14/2020
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Cubist Systematic Strategies LLC Purchases New Holdings in Beacon Roofing Supply, Inc. (NASDAQ:BECN)
- Cubist Systematic Strategies LLC acquired a new position in Beacon Roofing Supply, Inc. (NASDAQ:BECN) in the fourth quarter, according to the company in its most recent filing with the SEC. The firm acquired 10,459 shares of the company’s stock, valued at approximately $334,000. Several other large investors have also recently made changes to their positions […]
- 04/14/2020
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Alliancebernstein L.P. Reduces Holdings in Beacon Roofing Supply, Inc. (NASDAQ:BECN)
- Alliancebernstein L.P. lowered its stake in shares of Beacon Roofing Supply, Inc. (NASDAQ:BECN) by 4.6% in the fourth quarter, HoldingsChannel.com reports. The firm owned 92,143 shares of the company’s stock after selling 4,400 shares during the period. Alliancebernstein L.P.’s holdings in Beacon Roofing Supply were worth $2,947,000 at the end of the most recent quarter. […]
- 04/14/2020
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Beacon Roofing Supply (NASDAQ:BECN) Stock Rating Lowered by Northcoast Research
- Beacon Roofing Supply (NASDAQ:BECN) was downgraded by Northcoast Research from a “buy” rating to a “neutral” rating in a research note issued on Monday, The Fly reports. Other equities analysts also recently issued research reports about the stock. JPMorgan Chase & Co. reduced their price objective on shares of Beacon Roofing Supply from $29.00 to […]
- 04/13/2020
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Zacks: Analysts Expect Beacon Roofing Supply, Inc. (NASDAQ:BECN) Will Announce Quarterly Sales of $1.43 Billion
- Equities analysts predict that Beacon Roofing Supply, Inc. (NASDAQ:BECN) will report $1.43 billion in sales for the current fiscal quarter, according to Zacks Investment Research. Nine analysts have made estimates for Beacon Roofing Supply’s earnings, with estimates ranging from $1.36 billion to $1.46 billion. Beacon Roofing Supply also posted sales of $1.43 billion during the […]
- 04/13/2020
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Beacon Roofing Supply, Inc. (NASDAQ:BECN) Shares Bought by Geode Capital Management LLC
- Geode Capital Management LLC grew its stake in Beacon Roofing Supply, Inc. (NASDAQ:BECN) by 2.0% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 924,172 shares of the company’s stock after purchasing an additional 18,432 shares during the quarter. Geode Capital Management LLC […]
- 04/12/2020
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Srinagar-Leh Highway Reopens After 4 Months To Ferry Essential Supplies
- The 434-km Srinagar-Leh national highway, considered as the lifeline of the Union Territory of Ladakh, was reopened today to ferry essential commodities after remaining closed for over four months owing to heavy snowfall along the Zojila Pass.
- 04/11/2020
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Royal Bank of Canada Lowers Beacon Roofing Supply (NASDAQ:BECN) to Underperform
- Royal Bank of Canada downgraded shares of Beacon Roofing Supply (NASDAQ:BECN) from a sector perform rating to an underperform rating in a research note published on Tuesday, BenzingaRatingsTable reports. They currently have $13.00 price objective on the stock, down from their prior price objective of $20.00. Other research analysts have also issued reports about the […]
- 04/11/2020
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Is Now An Opportune Moment To Examine Beacon Roofing Supply, Inc. (NASDAQ:BECN)?
- Beacon Roofing Supply, Inc. (NASDAQ:BECN), which is in the trade distributors business, and is based in United States...
- 04/10/2020
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D.C. gets more congressional support for fix to CARES Act funding; MoCo shoppers must cover faces
- Rep. Jamie Raskin, D-Md., penned a letter to House leadership Thursday urging D.C. be allocated coronavirus relief funding akin to U.S. states in the CARES Act. It was signed by nearly 100 other members of the House.
- 04/10/2020
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Hedge Funds Have Never Been This Bullish On Welbilt, Inc. (WBT)
- We hate to say this but, we told you so. On February 27th we published an article with the title Recession is Imminent: We Need A Travel Ban NOW and predicted a US recession when the S&P 500 Index was trading at the 3150 level. We also told you to short the market and buy […]
- 04/08/2020
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Do Hedge Funds Love Casella Waste Systems Inc. (CWST)?
- We hate to say this but, we told you so. On February 27th we published an article with the title Recession is Imminent: We Need A Travel Ban NOW and predicted a US recession when the S&P 500 Index was trading at the 3150 level. We also told you to short the market and buy […]
- 04/08/2020
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Hedge Funds Have Never Been This Bullish On Synaptics Incorporated (SYNA)
- We hate to say this but, we told you so. On February 27th we published an article with the title Recession is Imminent: We Need A Travel Ban NOW and predicted a US recession when the S&P 500 Index was trading at the 3150 level. We also told you to short the market and buy […]
- 04/08/2020
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Do Hedge Funds Love AMC Networks Inc (AMCX)?
- We hate to say this but, we told you so. On February 27th we published an article with the title Recession is Imminent: We Need A Travel Ban NOW and predicted a US recession when the S&P 500 Index was trading at the 3150 level. We also told you to short the market and buy […]
- 04/08/2020
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Hedge Funds Aren’t Crazy About Beacon Roofing Supply, Inc. (BECN) Anymore
- We hate to say this but, we told you so. On February 27th we published an article with the title Recession is Imminent: We Need A Travel Ban NOW and predicted a US recession when the S&P; 500 Index was trading at the 3150 level. We also told you to short the market and buy […]
- 04/08/2020
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Builders FirstSource Pulls 2020 View on Coronavirus Mayhem
- Builders FirstSource (BLDR) withdraws its 2020 guidance in response to the rapidly changing macro-economic conditions.
- 04/08/2020
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Anthem Announces Additional Resources for Consumers, Care Providers and Community Partners to Deliver Whole Health Care Support and Relief in Response to COVID-19
- As the nation comes together to address the COVID-19 crisis, Anthem is delivering support and relief to all those affected as part of our ongoing commitment to improving lives and communities. Today, Anthem is announcing a number of new resources and initiatives developed in partnership with leading
- 04/07/2020
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Imagine Owning Beacon Roofing Supply (NASDAQ:BECN) While The Price Tanked 68%
- The truth is that if you invest for long enough, you're going to end up with some losing stocks. Long term Beacon...
- 04/07/2020
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's Top Upgrades, Downgrades For April 7, 2020
- Upgrades
Evercore ISI Group changed the rating for Bank of New York Mellon Corp (NYSE: BK) from Underperform to In-Line. For the fourth quarter, Bank of New York Mellon...
- 04/07/2020
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Covering the coronavirus is like covering a natural disaster, but ‘no one’s coming to help you’
- From person-to-person coaching and intensive hands-on seminars to interactive online courses and media reporting, Poynter helps journalists sharpen skills and elevate storytelling throughout their careers.
- 04/07/2020
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Wall Street Has Overlooked This Recession-Proof Industry
- The roofing industry has taken a beating far worse than the SPY in the past month despite historically seeing very little impact from recessions. The idea is th
- 04/07/2020
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Wall Street had its best day in two weeks. Here are the local companies that posted the biggest gains.
- The Dow Jones Industrial Average closed up 7.7%, while the S&P; 500 and Nasdaq Composite finished up 7% and 7.3%, respectively. An announcement from New York Gov. Andrew Cuomo that the number of deaths in the state — which has been the epicenter of the virus in the U.S. — had remained close to flat for two consecutive days was a positive sign many on Wall Street were looking for. Among Greater Washington’s largest public companies, Herndon building materials distributor Beacon Roofing Supply Inc. (NASDAQ: BECN) (+20.3%), Arlington health system consultancy Evolent Health Inc. (NYSE:EVH) (+19.6%), Bethesda hotel giant Marriott International Inc. (NASDAQ: MAR) (+19.5%), Tysons hospitality real estate investment trust Park Hotels & Resorts Inc. (NYSE: PK) (+19.2%), McLean financial giant Capital One Financial Corp. (NYSE: COF) (+16.9%) posted the biggest gains on the day.
- 04/07/2020
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RBC Capital Downgrades Beacon Roofing Supply to Underperform, Lowers Price Target to $13
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84 Biggest Movers From Yesterday
- Gainers
Immunomedics, Inc. (NASDAQ: IMMU) shares jumped 99.8% to close at $18.78 on Monday after the company said it would stop its Ascent Study due to compelling evidence of...
- 04/07/2020
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66 Stocks Moving In Monday's Mid-Day Session
- Gainers
Immunomedics, Inc. (NASDAQ: IMMU) shares climbed 103.7% to $19.15 after the company said it would stop its Ascent Study due to compelling evidence of efficacy.
TPG RE...
- 04/06/2020
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D.C. closes Maine Avenue Fish Market after large crowds defy social-distancing orders
- D.C. Mayor Muriel Bowser on Sunday ordered the shutdown of the Maine Avenue Fish Market in Southwest after large crowds defied social-distancing orders and congregated in the open-air market on Saturday. Ernest Charappah, the director of the D.C. Department of Consumer and Regulatory Affairs, tweeted Sunday the closure will remain in effect until “an acceptable social distancing plan” is submitted to his department. Billy White, owner of Captain White's Seafood City at the municipal market, told NBC Washington that security was hired to maintain order.
- 04/06/2020
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Beacon Roofing Supply, Inc. (NASDAQ:BECN) Shares Sold by Bank of America Corp DE
- Bank of America Corp DE lessened its position in Beacon Roofing Supply, Inc. (NASDAQ:BECN) by 22.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 435,021 shares of the company’s stock after selling 128,331 shares during the period. Bank […]
- 04/04/2020
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Two of the region's largest companies have borrowed huge sums of cash in the face of the pandemic
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Beacon Elects to Draw Down on Revolving Credit Facility to Further Strengthen Cash Position
- Beacon (Nasdaq:BECN) (the "Company") announced today that it elected to draw down approximately $725 million from its revolving credit facility. This is a proactive measure to increase the Company's cash position and preserve financial flexibility in light of current uncertainty in the global markets resulting from the COVID-19 pandemic. The funds will supplement the Company's cash position. Details of the draw are described in the Company’s Form 8-K filed concurrently herewith. After the draw, Beacon will maintain approximately $185 million of additional capacity on its revolver.
- 04/01/2020
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Beacon Healthcare Systems Names Bevann Moreland Senior Vice President of Payer Product Innovation
- Beacon Healthcare Systems announced today the appointment of Bevann Moreland as its new senior vice president of payer product innovation.
- 04/01/2020
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Fastenal Acquires Apex Assets, Fortifies Industrial Vending
- Fastenal (FAST) boosts automated dispensing technology with the addition of certain assets of Apex.
- 04/01/2020
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Fastenal Acquires Apex Assets, Fortifies Industrial Vending
- Fastenal (FAST) boosts automated dispensing technology with the addition of certain assets of Apex.
- 04/01/2020
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ValuEngine Downgrades Beacon Roofing Supply (NASDAQ:BECN) to Sell
- Beacon Roofing Supply (NASDAQ:BECN) was downgraded by investment analysts at ValuEngine from a “hold” rating to a “sell” rating in a research note issued on Wednesday, ValuEngine reports. A number of other equities research analysts have also recently issued reports on the stock. Wedbush lowered their target price on shares of Beacon Roofing Supply from […]
- 04/01/2020
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Fastenal Acquires Apex Assets, Fortifies Industrial Vending
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J.P. Morgan Keeps Their Sell Rating on Beacon Roofing Supply (BECN)
- In a report released today, Michael Rehaut from J.P. Morgan maintained a Sell rating on Beacon Roofing Supply (BECN), with a price target of $15.50. The
- 03/31/2020
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Envestnet Asset Management Inc. Sells 13,897 Shares of Beacon Roofing Supply, Inc. (NASDAQ:BECN)
- Envestnet Asset Management Inc. lowered its stake in shares of Beacon Roofing Supply, Inc. (NASDAQ:BECN) by 57.7% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 10,188 shares of the company’s stock after selling 13,897 shares during the period. […]
- 03/31/2020
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JP Morgan Maintains Underweight on Beacon Roofing Supply, Lowers Price Target to $15.5
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Great West Life Assurance Co. Can Buys New Position in Beacon Roofing Supply, Inc. (NASDAQ:BECN)
- Great West Life Assurance Co. Can purchased a new position in shares of Beacon Roofing Supply, Inc. (NASDAQ:BECN) in the 4th quarter, Holdings Channel.com reports. The institutional investor purchased 4,450 shares of the company’s stock, valued at approximately $141,000. A number of other institutional investors also recently made changes to their positions in BECN. Nisa […]
- 03/29/2020
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Berenberg Bank Upgrades Beacon Roofing Supply (NASDAQ:BECN) to "Buy"
- Beacon Roofing Supply (NASDAQ:BECN) was upgraded by analysts at Berenberg Bank from a “hold” rating to a “buy” rating in a report issued on Friday, MarketBeat Ratings reports. The firm currently has a $27.00 price target on the stock. Berenberg Bank’s price objective points to a potential upside of 70.45% from the stock’s previous close. […]
- 03/29/2020
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Amalgamated Bank Boosts Stock Position in Beacon Roofing Supply, Inc. (NASDAQ:BECN)
- Amalgamated Bank grew its stake in Beacon Roofing Supply, Inc. (NASDAQ:BECN) by 8.0% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 11,127 shares of the company’s stock after purchasing an additional 825 shares during the period. Amalgamated Bank’s holdings in Beacon Roofing […]
- 03/29/2020
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Beacon Roofing Supply, Inc. (NASDAQ:BECN) Sees Significant Growth in Short Interest
- Beacon Roofing Supply, Inc. (NASDAQ:BECN) saw a large increase in short interest in March. As of March 13th, there was short interest totalling 3,823,100 shares, an increase of 19.1% from the February 27th total of 3,210,000 shares. Currently, 7.0% of the company’s stock are sold short. Based on an average trading volume of 801,400 shares, […]
- 03/29/2020
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Deutsche Bank Trims Beacon Roofing Supply (NASDAQ:BECN) Target Price to $16.00
- Beacon Roofing Supply (NASDAQ:BECN) had its price objective lowered by Deutsche Bank from $34.00 to $16.00 in a research report sent to investors on Wednesday, BenzingaRatingsTable reports. The brokerage currently has a hold rating on the stock. Other research analysts have also recently issued reports about the company. Raymond James cut Beacon Roofing Supply from […]
- 03/28/2020
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RV Industry Leader THOR Industries Supporting The Front Lines In Fight Against COVID-19
- As communities across the country continue to grapple with the growing pandemic, many of the RV brands owned by THOR Industries (NYSE:THO) are stepping up to support healthcare workers with critical supplies and mobile units to fight the spread of the virus.
- 03/27/2020
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Blueshift Asset Management LLC Sells 2,906 Shares of Beacon Roofing Supply, Inc. (NASDAQ:BECN)
- Blueshift Asset Management LLC lowered its position in shares of Beacon Roofing Supply, Inc. (NASDAQ:BECN) by 20.1% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 11,555 shares of the company’s stock after selling 2,906 shares during the quarter. Blueshift Asset […]
- 03/26/2020
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Analysts Conflicted on These Services Names: LiveRamp Holdings (RAMP), Beacon Roofing Supply (BECN) and Chipotle (CMG)
- Analysts have been eager to weigh in on the Services sector with new ratings on LiveRamp Holdings (RAMP), Beacon Roofing Supply (BECN) and Chipotle (CMG).
- 03/25/2020
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The Dow had its best day in 87 years. Here are the local companies that posted the biggest gains.
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Deutsche Bank Maintains Hold on Beacon Roofing Supply, Lowers Price Target to $16
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New Study From Beacon Healthcare Systems Shows Significant Improvement in Star Ratings for Health Plans Using Virtual Appeals Manager
- Beacon Healthcare Systems' health plan clients are seeing measurable performance improvement in their appeals and grievances star rating,
- 03/23/2020
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Stocks That Hit 52-Week Lows On Monday
- On Monday morning, 720 companies hit new 52-week lows.
Noteworthy Mentions:
The largest company by market cap to set a new 52-week low was Alphabet (NASDAQ: GOOGL)...
- 03/23/2020
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$1.44 Billion in Sales Expected for Beacon Roofing Supply, Inc. (NASDAQ:BECN) This Quarter
- Brokerages predict that Beacon Roofing Supply, Inc. (NASDAQ:BECN) will report sales of $1.44 billion for the current quarter, Zacks reports. Nine analysts have made estimates for Beacon Roofing Supply’s earnings. The highest sales estimate is $1.46 billion and the lowest is $1.41 billion. Beacon Roofing Supply reported sales of $1.43 billion during the same quarter […]
- 03/21/2020
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Beacon Roofing Supply (NASDAQ:BECN) Sets New 52-Week Low at $14.20
- Shares of Beacon Roofing Supply, Inc. (NASDAQ:BECN) hit a new 52-week low on Wednesday . The company traded as low as $14.20 and last traded at $14.24, with a volume of 9447 shares changing hands. The stock had previously closed at $16.16. A number of brokerages recently weighed in on BECN. BidaskClub downgraded Beacon Roofing […]
- 03/20/2020
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Stocks That Hit 52-Week Lows On Thursday
- On Thursday morning, 1178 companies hit new 52-week lows.
Facts of Interest:
The largest company by market cap to set a new 52-week low was Nuveen Preferred & Income...
- 03/19/2020
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Analysts Offer Insights on Services Companies: Beacon Roofing Supply (BECN) and Casey's General (CASY)
- Analysts have been eager to weigh in on the Services sector with new ratings on Beacon Roofing Supply (BECN) and Casey's General (CASY). Beacon Roofing
- 03/18/2020
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Citigroup Inc. Increases Stock Holdings in Beacon Roofing Supply, Inc. (NASDAQ:BECN)
- Citigroup Inc. boosted its position in shares of Beacon Roofing Supply, Inc. (NASDAQ:BECN) by 384.4% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 34,085 shares of the company’s stock after acquiring an additional 27,048 shares during the quarter. Citigroup Inc.’s holdings in Beacon […]
- 03/18/2020
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Beacon Roofing Supply, Inc. (NASDAQ:BECN) EVP Christopher Anthony Harrison Buys 1,400 Shares of Stock
- Beacon Roofing Supply, Inc. (NASDAQ:BECN) EVP Christopher Anthony Harrison bought 1,400 shares of the firm’s stock in a transaction on Friday, March 13th. The shares were purchased at an average cost of $17.79 per share, with a total value of $24,906.00. Following the transaction, the executive vice president now directly owns 26,558 shares in the […]
- 03/17/2020
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Franklin Resources Inc. Has $31.96 Million Position in Beacon Roofing Supply, Inc. (NASDAQ:BECN)
- Franklin Resources Inc. increased its position in Beacon Roofing Supply, Inc. (NASDAQ:BECN) by 9.4% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 999,381 shares of the company’s stock after acquiring an additional 85,521 shares during the quarter. Franklin Resources Inc.’s holdings in Beacon Roofing Supply were worth $31,960,000 at the end of the […]
- 03/15/2020
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ValuEngine Downgrades Beacon Roofing Supply (NASDAQ:BECN) to Sell
- Beacon Roofing Supply (NASDAQ:BECN) was downgraded by equities researchers at ValuEngine from a “hold” rating to a “sell” rating in a note issued to investors on Saturday, ValuEngine reports. A number of other analysts have also recently issued reports on BECN. Raymond James cut Beacon Roofing Supply from an “outperform” rating to a “market perform” […]
- 03/14/2020
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Beacon Roofing Supply (NASDAQ:BECN) Sets New 1-Year Low at $17.15
- Shares of Beacon Roofing Supply, Inc. (NASDAQ:BECN) hit a new 52-week low during mid-day trading on Thursday . The stock traded as low as $17.15 and last traded at $17.15, with a volume of 1345 shares. The stock had previously closed at $21.54. Several brokerages recently issued reports on BECN. ValuEngine raised Beacon Roofing Supply […]
- 03/14/2020
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These local companies took the biggest one-day hits on Wall Street on Thursday
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136 Biggest Movers From Yesterday
- Gainers
Ranger Energy Services, Inc. (NYSE: RNGR) shares rose 44.8% to close at $4.46 on Thursday.
Ampco-Pittsburgh Corporation (NYSE: AP) shares surged 35.6% to close at $3.20...
- 03/13/2020
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Beacon Roofing Supply (NASDAQ:BECN) Trading Down 13.1%
- Beacon Roofing Supply, Inc. (NASDAQ:BECN) was down 13.1% on Wednesday . The company traded as low as $21.50 and last traded at $21.54, approximately 833,600 shares traded hands during mid-day trading. An increase of 45% from the average daily volume of 573,708 shares. The stock had previously closed at $24.80. A number of equities research […]
- 03/13/2020
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Is There An Opportunity With Beacon Roofing Supply, Inc.’s (NASDAQ:BECN) 43% Undervaluation?
- In this article we are going to estimate the intrinsic value of Beacon Roofing Supply, Inc. (NASDAQ:BECN) by taking...
- 03/12/2020
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Stocks That Hit 52-Week Lows On Thursday
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90 Stocks Moving In Thursday's Mid-Day Session
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Beacon Capital Management Named A "Top ETF Power User" By RIA Channel
- Beacon Capital Management (www.BeaconInvesting.com), a registered investment advisory firm that seeks to offer long-term investors innovative portfolio management solutions, has been recognized as one of the 2019 "Top 100 ETF Power Users" by RIA Channel based on total volume of assets managed
- 03/10/2020
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Beacon Roofing Supply, Inc. (NASDAQ:BECN) Shares Bought by Comerica Bank
- Comerica Bank lifted its stake in Beacon Roofing Supply, Inc. (NASDAQ:BECN) by 7.3% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 14,660 shares of the company’s stock after acquiring an additional 1,000 shares during the period. Comerica Bank’s holdings in […]
- 03/07/2020
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Why Is Beacon Roofing (BECN) Down 9.2% Since Last Earnings Report?
- Beacon Roofing (BECN) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
- 03/04/2020
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Why Is Beacon Roofing (BECN) Down 9.2% Since Last Earnings Report?
- Beacon Roofing (BECN) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
- 03/04/2020
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Beacon Roofing Supply, Inc. (NASDAQ:BECN) Stock Position Lifted by Barclays PLC
- Barclays PLC raised its stake in Beacon Roofing Supply, Inc. (NASDAQ:BECN) by 165.2% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 104,190 shares of the company’s stock after buying an additional 64,904 shares during the quarter. Barclays PLC owned 0.15% of Beacon Roofing […]
- 03/04/2020
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Beacon Roofing Supply (NASDAQ:BECN) Trading 5.1% Higher
- Beacon Roofing Supply, Inc. (NASDAQ:BECN)’s stock price traded up 5.1% during trading on Monday . The company traded as high as $31.21 and last traded at $31.20, 990,100 shares traded hands during trading. An increase of 85% from the average session volume of 535,600 shares. The stock had previously closed at $29.70. A number of […]
- 03/03/2020
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Fmr LLC Buys 932,084 Shares of Beacon Roofing Supply, Inc. (NASDAQ:BECN)
- Fmr LLC raised its stake in shares of Beacon Roofing Supply, Inc. (NASDAQ:BECN) by 58.2% during the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 2,532,392 shares of the company’s stock after purchasing an additional 932,084 shares during the quarter. Fmr LLC owned 3.68% of Beacon […]
- 03/02/2020
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Beacon Roofing Supply (NASDAQ:BECN) Rating Lowered to Hold at BidaskClub
- BidaskClub lowered shares of Beacon Roofing Supply (NASDAQ:BECN) from a buy rating to a hold rating in a report issued on Friday, BidAskClub reports. A number of other brokerages have also issued reports on BECN. Royal Bank of Canada reaffirmed a neutral rating on shares of Beacon Roofing Supply in a research report on Wednesday, […]
- 03/02/2020
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Beacon Roofing Supply, Inc. (NASDAQ:BECN) Short Interest Update
- Beacon Roofing Supply, Inc. (NASDAQ:BECN) was the recipient of a significant decline in short interest in February. As of February 14th, there was short interest totalling 3,650,000 shares, a decline of 9.9% from the January 30th total of 4,050,000 shares. Approximately 5.3% of the company’s stock are sold short. Based on an average daily volume […]
- 03/02/2020
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Beacon Roofing Supply, Inc. (NASDAQ:BECN) Director Richard W. Frost Acquires 3,330 Shares
- Beacon Roofing Supply, Inc. (NASDAQ:BECN) Director Richard W. Frost bought 3,330 shares of the stock in a transaction on Wednesday, February 26th. The shares were bought at an average price of $29.73 per share, for a total transaction of $99,000.90. Shares of NASDAQ:BECN opened at $29.70 on Friday. The firm’s 50 day moving average price […]
- 03/01/2020
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Richard Frost Is The Independent Director of Beacon Roofing Supply, Inc. (NASDAQ:BECN) And They Just Spent US$100k On Shares
- Even if it's not a huge purchase, we think it was good to see that Richard Frost, the Independent Director of Beacon...
- 02/28/2020
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Beacon Roofing Supply, Inc. (NASDAQ:BECN) Stock Holdings Lifted by First Trust Advisors LP
- First Trust Advisors LP lifted its holdings in Beacon Roofing Supply, Inc. (NASDAQ:BECN) by 44.1% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 36,241 shares of the company’s stock after buying an additional 11,086 shares during the quarter. First Trust Advisors LP owned approximately […]
- 02/28/2020
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Beacon to Participate in the Raymond James 41st Annual Institutional Investors Conference
- HERNDON, Va.--(BUSINESS WIRE)--Beacon (Nasdaq: BECN) (the “Company”) announced today that Julian Francis, President & Chief Executive Officer, Joseph Nowicki, Executive Vice President & Chief Financial Officer, and Brent Rakers, Director of Investor Relations, will participate in the Raymond James 41st Annual Institutional Investors Conference, being held March 1-4 in Orlando, Florida. A link to the most recent Beacon investor presentation is available in the Investor Relations section
- 02/27/2020
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Beacon Roofing Supply, Inc. (NASDAQ:BECN) Expected to Announce Quarterly Sales of $1.44 Billion
- Equities analysts forecast that Beacon Roofing Supply, Inc. (NASDAQ:BECN) will post sales of $1.44 billion for the current quarter, according to Zacks Investment Research. Nine analysts have issued estimates for Beacon Roofing Supply’s earnings. The highest sales estimate is $1.46 billion and the lowest is $1.42 billion. Beacon Roofing Supply reported sales of $1.43 billion […]
- 02/27/2020
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Eagle Asset Management Inc. Buys 4,739 Shares of Beacon Roofing Supply, Inc. (NASDAQ:BECN)
- Eagle Asset Management Inc. lifted its stake in shares of Beacon Roofing Supply, Inc. (NASDAQ:BECN) by 2.3% during the fourth quarter, HoldingsChannel.com reports. The firm owned 210,550 shares of the company’s stock after purchasing an additional 4,739 shares during the quarter. Eagle Asset Management Inc.’s holdings in Beacon Roofing Supply were worth $6,733,000 as of […]
- 02/24/2020
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Beacon Roofing Supply (NASDAQ:BECN) Raised to "Buy" at BidaskClub
- BidaskClub upgraded shares of Beacon Roofing Supply (NASDAQ:BECN) from a hold rating to a buy rating in a report released on Friday, BidAskClub reports. A number of other analysts have also recently issued reports on the stock. Royal Bank of Canada reiterated a neutral rating on shares of Beacon Roofing Supply in a research note […]
- 02/24/2020
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Have Insiders Been Buying Beacon Roofing Supply, Inc. (NASDAQ:BECN) Shares?
- We've lost count of how many times insiders have accumulated shares in a company that goes on to improve markedly...
- 02/24/2020
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American International Group Inc. Trims Stake in Beacon Roofing Supply, Inc. (NASDAQ:BECN)
- American International Group Inc. lowered its stake in Beacon Roofing Supply, Inc. (NASDAQ:BECN) by 0.8% during the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 42,536 shares of the company’s stock after selling 358 shares during the quarter. American International Group Inc. owned approximately 0.06% […]
- 02/24/2020
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Coe Capital Management, LLC Buys Grand Canyon Education Inc, iShares Intermediate Credit Bond ...
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Beacon Roofing Supply, Inc. (NASDAQ:BECN) Shares Sold by State of New Jersey Common Pension Fund D
- State of New Jersey Common Pension Fund D lessened its position in shares of Beacon Roofing Supply, Inc. (NASDAQ:BECN) by 18.1% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 64,574 shares of the company’s stock after selling 14,226 shares during the quarter. State of […]
- 02/20/2020
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Beacon Roofing Supply, Inc. (NASDAQ:BECN) to Post Q2 2021 Earnings of ($0.28) Per Share, SunTrust Banks Forecasts
- Beacon Roofing Supply, Inc. (NASDAQ:BECN) – Equities researchers at SunTrust Banks issued their Q2 2021 earnings per share (EPS) estimates for Beacon Roofing Supply in a research report issued to clients and investors on Wednesday, February 12th. SunTrust Banks analyst K. Hughes forecasts that the company will post earnings per share of ($0.28) for the […]
- 02/19/2020
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SunTrust Banks Weighs in on Beacon Roofing Supply, Inc.'s Q1 2021 Earnings (NASDAQ:BECN)
- Beacon Roofing Supply, Inc. (NASDAQ:BECN) – Research analysts at SunTrust Banks issued their Q1 2021 EPS estimates for shares of Beacon Roofing Supply in a report issued on Wednesday, February 12th. SunTrust Banks analyst K. Hughes forecasts that the company will earn $0.47 per share for the quarter. SunTrust Banks has a “Buy” rating and […]
- 02/14/2020
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Edited Transcript of LH earnings conference call or presentation 13-Feb-20 2:00pm GMT
- Q4 2019 Laboratory Corporation of America Holdings Earnings Call
- 02/14/2020
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Philip W. Knisely Appointed Chairman of Beacon Succeeding Robert R. Buck Who Continues as a Director
- HERNDON, Va.--(BUSINESS WIRE)--Beacon (Nasdaq: BECN) (the “Company”) announced today that Philip W. Knisely has been appointed Chairman of the Board, succeeding Robert R. Buck, who retired as Chairman but continues as a director. Phil Knisely has been a Beacon Director since October 2015. He is an operating partner at Clayton, Dubilier & Rice, LLC (“CD&R”), a private investment firm. He also is Chairman of CD&R Hydra Holdings, Inc. (parent entity of SunSource Holdings, Inc.), a priv
- 02/11/2020
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10 Biggest Price Target Changes For Tuesday
- Rosenblatt raised RingCentral Inc (NYSE: RNG) price target from $215 to $245. RingCentral closed at $212.61 on Monday.
Citigroup boosted the price target for Mercadolibre Inc...
- 02/11/2020
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