Profile
Sector:
IndustrialsIndustry:
Industrial DistributionCountry:
United StatesIPO:
23 September 2004Website:
http://www.becn.comNext earnings report:
27 February 2025Last dividends:
N/ANext dividends:
N/APrice
after hours | Fri, 01 Nov 2024 21:59:02 GMTDividend
Analysts recommendations
Institutional Ownership
BECN Latest News
Beacon Roofing Supply (BECN) came out with quarterly earnings of $2.80 per share, missing the Zacks Consensus Estimate of $2.88 per share. This compares to earnings of $2.85 per share a year ago.
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.
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.
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.
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.
Beacon expands its market reach with the launch of its digital platform, Beacon PRO+, in the Canadian market.
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.
The latest acquisition expands BECN's metal capabilities, boosting its stock growth potential.
Solid demand, higher pricing and recent acquisitions drive Beacon Roofing's (BECN) second-quarter results.
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.
What type of business is Beacon Roofing Supply?
Beacon Roofing Supply, Inc. provides roofing materials and additional building materials. The residential roofing segment includes asphalt shingles, synthetic slate, clay and concrete tiles, nail insulation, metal roofing, and felt. The segment's portfolio also includes synthetic underlayments, wooden shingles, nails, and fasteners... The non-residential roofing product segment offers single-ply roofing, modified bitumen, and roof materials for buildup, as well as cement and coatings. The additional building products segment offers vinyl and fiber cement siding, wall panels, insulation, acoustic ceilings, stone veneers, windows, doors, skylights, and gutters, as well as steel frame and waterproofing systems. The company was founded in 1928 and is based in Herndon, Virginia.
What sector is Beacon Roofing Supply in?
Beacon Roofing Supply is in the Industrials sector
What industry is Beacon Roofing Supply in?
Beacon Roofing Supply is in the Industrial Distribution industry
What country is Beacon Roofing Supply from?
Beacon Roofing Supply is headquartered in United States
When did Beacon Roofing Supply go public?
Beacon Roofing Supply initial public offering (IPO) was on 23 September 2004
What is Beacon Roofing Supply website?
https://www.becn.com
Is Beacon Roofing Supply in the S&P 500?
No, Beacon Roofing Supply is not included in the S&P 500 index
Is Beacon Roofing Supply in the NASDAQ 100?
No, Beacon Roofing Supply is not included in the NASDAQ 100 index
Is Beacon Roofing Supply in the Dow Jones?
No, Beacon Roofing Supply is not included in the Dow Jones index
When was Beacon Roofing Supply the previous earnings report?
No data
When does Beacon Roofing Supply earnings report?
The next expected earnings date for Beacon Roofing Supply is 27 February 2025