On Monday, Beacon Roofing Supply Inc (NASDAQ: BECN) opened higher 6.68% from the last session, before settling in for the closing price of $111.10. Price fluctuations for BECN have ranged from $77.54 to $121.42 over the past 52 weeks.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Industrials sector was 7.54%. Company’s average yearly earnings per share was noted 4.33% at the time writing. With a float of $61.12 million, this company’s outstanding shares have now reached $61.50 million.
Considering the fact that the conglomerate employs 8068 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 25.67%, operating margin of 7.2%, and the pretax margin is 5.17%.
Beacon Roofing Supply Inc (BECN) Insider Activity
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 98.08%. The most recent insider transaction that took place on Nov 18 ’24, was worth 286,000. In this transaction President, West Division of this company sold 2,600 shares at a rate of $110.00, taking the stock ownership to the 6,531 shares. Before that another transaction happened on Nov 18 ’24, when Company’s Officer proposed sale 2,600 for $98.75, making the entire transaction worth $256,750.
Beacon Roofing Supply Inc (BECN) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around 4.33% 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 1.10. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.75. Likewise, its price to free cash flow for the trailing twelve months is 24.93.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 5.70, a number that is poised to hit -0.17 in the next quarter and is forecasted to reach 8.31 in one year’s time.
Technical Analysis of Beacon Roofing Supply Inc (BECN)
Compared to the last year’s volume of 0.99 million, its volume of 1.39 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 37.52%. Additionally, its Average True Range was 3.05.
During the past 100 days, Beacon Roofing Supply Inc’s (BECN) raw stochastic average was set at 90.32%, which indicates a significant increase from 79.48% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 33.98% in the past 14 days, which was higher than the 31.60% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $113.30, while its 200-day Moving Average is $99.49. Nevertheless, the first resistance level for the watch stands at $120.08 in the near term. At $121.65, the stock is likely to face the second major resistance level. The third major resistance level sits at $122.49. If the price goes on to break the first support level at $117.67, it is likely to go to the next support level at $116.83. Should the price break the second support level, the third support level stands at $115.26.
Beacon Roofing Supply Inc (NASDAQ: BECN) Key Stats
There are currently 61,583K shares outstanding in the company with a market cap of 7.30 billion. Presently, the company’s annual sales total 9,763 M according to its annual income of 361,700 K. Last quarter, the company’s sales amounted to 2,404 M and its income totaled 83,600 K.
