Beacon Roofing Supply (BECN) Scheduled to Post Quarterly Earnings on Friday
Beacon Roofing Supply (NASDAQ:BECN) will announce its Q214 earnings results on Friday, May 9th. Analysts expect the company to announce earnings of ($0.05) per share and revenue of $427.94 million for the quarter.
Shares of Beacon Roofing Supply (NASDAQ:BECN) opened at 34.57 on Thursday. Beacon Roofing Supply has a 52 week low of $32.97 and a 52 week high of $42.70. The stock has a 50-day moving average of $36.94 and a 200-day moving average of $37.49. The company has a market cap of $1.703 billion and a price-to-earnings ratio of 24.69.
BECN has been the subject of a number of recent research reports. Analysts at SunTrust upgraded shares of Beacon Roofing Supply from a “neutral” rating to a “buy” rating in a research note on Tuesday, April 15th. They now have a $46.00 price target on the stock, up previously from $39.00. Analysts at Zacks reiterated a “neutral” rating on shares of Beacon Roofing Supply in a research note on Thursday, March 27th. They now have a $40.00 price target on the stock. Four research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus target price of $42.40.
Beacon Roofing Supply, Inc is a distributor of residential and non-residential roofing materials in the United States and Canada.
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