On Monday, Beacon Roofing Supply Inc (NASDAQ: BECN) opened higher 7.52% from the last session, before settling in for the closing price of $88.75. Price fluctuations for BECN have ranged from $68.50 to $105.42 over the past 52 weeks.
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Annual sales at Industrials sector company grew by 7.66% over the past five years. Company’s average yearly earnings per share was noted -9.18% at the time writing. With a float of $61.40 million, this company’s outstanding shares have now reached $63.30 million.
Let’s look at the performance matrix of the company that is accounted for 8063 employees. In terms of profitability, gross margin is 25.53%, operating margin of 7.81%, and the pretax margin is 5.99%.
Beacon Roofing Supply Inc (BECN) Insider and Institutional Ownership
A key investor’s attitude towards the stock of the Industrial Distribution industry is another important factor to consider. The insider ownership of Beacon Roofing Supply Inc is 0.77%, while institutional ownership is 98.70%. The most recent insider transaction that took place on Oct 07 ’24, was worth 230,750. Before that another transaction happened on Sep 11 ’24, when Company’s President, West Division sold 2,500 for $79.78, making the entire transaction worth $199,451. This insider now owns 11,731 shares in total.
Beacon Roofing Supply Inc (BECN) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around -9.18% per share during the next fiscal year.
Beacon Roofing Supply Inc (NASDAQ: BECN) Trading Performance Indicators
Check out the current performance indicators for Beacon Roofing Supply Inc (BECN). In the past quarter, the stock posted a quick ratio of 1.09. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.62. Likewise, its price to free cash flow for the trailing twelve months is 50.98.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.61, a number that is poised to hit 2.85 in the next quarter and is forecasted to reach 8.29 in one year’s time.
Technical Analysis of Beacon Roofing Supply Inc (BECN)
Beacon Roofing Supply Inc (NASDAQ: BECN) saw its 5-day average volume 0.8 million, a positive change from its year-to-date volume of 0.72 million. As of the previous 9 days, the stock’s Stochastic %D was 79.33%. Additionally, its Average True Range was 2.99.
During the past 100 days, Beacon Roofing Supply Inc’s (BECN) raw stochastic average was set at 64.13%, which indicates a significant decrease from 97.87% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 38.26% in the past 14 days, which was lower than the 42.44% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $86.83, while its 200-day Moving Average is $90.64. Nevertheless, the first resistance level for the watch stands at $98.01 in the near term. At $100.60, the stock is likely to face the second major resistance level. The third major resistance level sits at $105.53. If the price goes on to break the first support level at $90.49, it is likely to go to the next support level at $85.56. The third support level lies at $82.97 if the price breaches the second support level.
Beacon Roofing Supply Inc (NASDAQ: BECN) Key Stats
There are currently 63,599K shares outstanding in the company with a market cap of 5.90 billion. Presently, the company’s annual sales total 9,120 M according to its annual income of 435,000 K. Last quarter, the company’s sales amounted to 2,675 M and its income totaled 127,200 K.
