A number of firms have modified their ratings and price targets on shares of Beacon Roofing Supply (NASDAQ: BECN) recently:
Shares of Beacon Roofing Supply Inc. (NASDAQ:BECN) traded up 0.93% during midday trading on Friday, hitting $46.51. The company had a trading volume of 267,094 shares. Beacon Roofing Supply Inc. has a 12 month low of $32.24 and a 12 month high of $48.96. The company has a market cap of $2.78 billion, a price-to-earnings ratio of 31.21 and a beta of 1.33. The stock’s 50-day moving average price is $43.40 and its 200-day moving average price is $44.22.
Beacon Roofing Supply (NASDAQ:BECN) last released its quarterly earnings results on Monday, November 21st. The company reported $0.88 EPS for the quarter, missing the consensus estimate of $0.91 by $0.03. The company had revenue of $1.17 billion for the quarter, compared to analyst estimates of $1.28 billion. Beacon Roofing Supply had a return on equity of 10.26% and a net margin of 2.18%. The business’s revenue was up 49.1% on a year-over-year basis. During the same period last year, the firm posted $0.75 earnings per share. On average, equities research analysts forecast that Beacon Roofing Supply Inc. will post $2.36 EPS for the current year.