Beacon Roofing Supply Inc (BECN) is destined for greater heights as its last quarter sales were 2,675 M

On Tuesday, Beacon Roofing Supply Inc (NASDAQ: BECN) was -0.04% drop from the session before settling in for the closing price of $93.36. A 52-week range for BECN has been $68.50 – $105.42.

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Annual sales at Industrials sector company grew by 7.66% over the past five years. When this article was written, the company’s average yearly earnings per share was at -9.36%. 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 Updates

Also, it is sometimes useful to examine the sentiment of large-scale investors toward Beacon Roofing Supply Inc stocks. The insider ownership of Beacon Roofing Supply Inc is 0.76%, while institutional ownership is 98.71%. The most recent insider transaction that took place on Oct 07 ’24, was worth 234,000. In this transaction President, West Division of this company sold 2,600 shares at a rate of $90.00, taking the stock ownership to the 9,131 shares. Before that another transaction happened on Oct 07 ’24, when Company’s Officer proposed sale 2,600 for $88.75, making the entire transaction worth $230,750.

Beacon Roofing Supply Inc (BECN) Performance Highlights and Predictions

According to the Wall Street analysts, stocks earnings will be around -9.36% per share during the next fiscal year.

Beacon Roofing Supply Inc (NASDAQ: BECN) Trading Performance Indicators

You can see what Beacon Roofing Supply Inc (BECN) is doing with its current performance indicators. In the most recent 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 0.61. Likewise, its price to free cash flow for the trailing twelve months is 49.86.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.61, a number that is poised to hit 2.83 in the next quarter and is forecasted to reach 8.19 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 0.74 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 66.89%. Additionally, its Average True Range was 2.95.

During the past 100 days, Beacon Roofing Supply Inc’s (BECN) raw stochastic average was set at 56.60%, which indicates a significant decrease from 70.78% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 40.14% in the past 14 days, which was lower than the 41.82% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $86.65, while its 200-day Moving Average is $90.80. Nevertheless, the first resistance level for the watch stands at $94.59 in the near term. At $95.86, the stock is likely to face the second major resistance level. The third major resistance level sits at $96.66. If the price goes on to break the first support level at $92.52, it is likely to go to the next support level at $91.72. Assuming the price breaks the second support level, the third support level stands at $90.45.

Beacon Roofing Supply Inc (NASDAQ: BECN) Key Stats

There are 63,599K outstanding shares of the company, which has a market capitalization of 5.77 billion. As of now, sales total 9,120 M while income totals 435,000 K. Its latest quarter income was 2,675 M while its last quarter net income were 127,200 K.