Has Plenty of Room Growth Ahead for Beacon Roofing Supply, Inc. (BECN)?

FROST RICHARD W, Director of Beacon Roofing Supply, Inc. (NASDAQ:BECN), purchased 2,613 shares of the firm’s at the average rate of $42.01, amounting to a transaction that totaled $109,772. In another insider trade transaction, on Jun 04, Director of the company, purchased 9,207 shares, at the average rate of $42.58 and the total deal finalizing at $392,059. Additionally, on May 18 NOWICKI JOSEPH M, EVP & CFO, purchased 2,470 shares of stock at an average price of $40.45 each, reaching a total of $99,912 for the whole transaction.

In the latest trading activity, this stock has been floating around the $42.91 level. A lot of investors pay heightened attention to a certain stock when it is approaching a notable historical high or low. Over the past full year, these shares have hit a high price of $66.47, and experienced a low of $38.71. Looking at some extended historical share price data, we note that shares have seen a shift of -11.51% through the last 12 weeks. If we zoom in closer to look at performance over the past 30-day period, we see that this stock has shifted by 3.40%. Through the last 5 trading periods, the stock has shifted -6.27%.

It is highly probable that investors will be keeping their attention focused on how the stock performs heading into the next phase of earnings reports. Analysts will next see Beacon Roofing Supply, Inc. (NASDAQ:BECN) post its quarterly earnings on Wed 1 Aug (In 35 Days). Following some earnings projections, we can see that the current quarter EPS consensus forecast for shares of Beacon Roofing Supply, Inc. is at -$0.09. For the previous three-month period, the company posted a quarterly EPS of -$0.35. Because earnings surprises may lead the stock price to shoot up or drop drastically in the near term, investors can opt to make their buy/sell choice after the dust has settled. Detecting profitability, the public company has a profit margin of 1.70%, an operating margin of 3.20%, and a gross margin of 24.30%.

There are a number of different tools to help see whether or not a company is turning a profit. One of the most widely-used metrics is “Return on Assets” (ROA). This figure shows how profitable a company is relative to the total assets it owns. The Return on Assets for Beacon Roofing Supply, Inc. is currently 1.90%. A second indicator is Return on Investment. For Beacon Roofing Supply, Inc., ROI has risen to 6.00%. The third one is called Return on Equity. ROE is currently sitting at 5.00% for these shares. Going one leap further, we can take a look at various other valuation measurements. Beacon Roofing Supply, Inc. has a Price to Book ratio of 1.64, while its Price to Sales ratio is sitting at 0.59, and its Price to Earnings ratio is presently 63.85.

Shares of Beacon Roofing Supply, Inc. stock currently hold a market capitalization of 2.97B, and the present number of outstanding shares is 69.31M. In the previous trading day, 1,489,538 shares of Beacon Roofing Supply, Inc. (NASDAQ:BECN) changed hands while the average trade volume is roughly 1.01M shares per day. Beacon Roofing Supply, Inc. is currently sitting at $42.91 per share, following a loss of -1.15%, at end of trading session on 27 Jun 2018.

The relative strength index (RSI)’s recent value is sitting at 41.62 for Beacon Roofing Supply, Inc.. The current RSI indicates that the stock is overbought above 70 and oversold below 30. Beacon Roofing Supply, Inc. has freshly had visible volatility identifications; the stock’s price volatility during the past week is 3.24%, and 2.84% for the last 30 days. Historic volatility, which is a reckonable figure, is strongminded using past changes to the value of a stock or futures contract.

Citigroup Upgrade shares of BECN stock to their version of a Buy rating, up from their previous Neutral rating. This rating was made public on Jun-19-18. Northcoast Downgrade their rating on Beacon Roofing Supply, Inc. (BECN)’s stock from Buy to Neutral on May-14-18. Analysts, together, have a consensus rating of 1.94 for shares of Beacon Roofing Supply, Inc. (BECN). This rating scale goes between 1 and 5. Analyst’s combined rating that amounts to a score of 3 would be a designation of a Hold opinion. A rating of 1 or 2 would be indicating a Buy recommendation. A rating of 4 or 5 means they think investors should sell.

VANGUARD GROUP INC increased its position in shares of Beacon Roofing Supply, Inc. (NASDAQ:BECN). This institutional investor in particular owned 5,752,087 shares of the stock after adding an extra 118,823 shares to their coffers during the three-month stretch. VANGUARD GROUP INC increased its ownership of 2.11% in this stock at the end of the most recent quarter, and the holdings are currently valued at 249,698K.