On Monday, Beacon Roofing Supply Inc (NASDAQ: BECN) opened higher 9.88% from the last session, before settling in for the closing price of $98.75. Price fluctuations for BECN have ranged from $77.54 to $105.84 over the past 52 weeks.
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A company in the Industrials sector has jumped its sales by 7.66% annually for the last half of the decade. Company’s average yearly earnings per share was noted -10.08% at the time writing. With a float of $61.42 million, this company’s outstanding shares have now reached $63.30 million.
In an organization with 8063 employees, it is important to assess its efficiency. 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
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 0.75%, while institutional ownership is 97.56%. The most recent insider transaction that took place on Nov 18 ’24, was worth 256,750. Before that another transaction happened on Nov 08 ’24, when Company’s Officer proposed sale 7,037 for $103.14, making the entire transaction worth $725,792.
Beacon Roofing Supply Inc (BECN) Performance Highlights and Predictions
If we go through the results of last quarter, which was made public on 9/30/2024, the company posted 1.72 earnings per share (EPS) for the quarter, besting the agreed prediction (set at 1.67) by 0.05. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.41 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -10.08% 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 1.14. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.68. Likewise, its price to free cash flow for the trailing twelve months is 33.40.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 5.85, a number that is poised to hit 1.65 in the next quarter and is forecasted to reach 8.03 in one year’s time.
Technical Analysis of Beacon Roofing Supply Inc (BECN)
Let’s dig in a bit further. During the last 5-days, its volume was 1.26 million. That was better than the volume of 0.73 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 56.15%. Additionally, its Average True Range was 4.13.
During the past 100 days, Beacon Roofing Supply Inc’s (BECN) raw stochastic average was set at 79.90%, which indicates a significant increase from 68.63% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 51.10% in the past 14 days, which was higher than the 44.70% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $92.15, while its 200-day Moving Average is $92.29. However, in the short run, Beacon Roofing Supply Inc’s stock first resistance to watch stands at $116.91. Second resistance stands at $125.30. The third major resistance level sits at $134.31. If the price goes on to break the first support level at $99.51, it is likely to go to the next support level at $90.50. Assuming the price breaks the second support level, the third support level stands at $82.11.
Beacon Roofing Supply Inc (NASDAQ: BECN) Key Stats
There are currently 61,888K shares outstanding in the company with a market cap of 6.57 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 2,773 M and its income totaled 145,300 K.
