Beacon Roofing Supply (NASDAQ:BECN – Free Report) had its price target raised by Raymond James from $75.00 to $95.00 in a report issued on Monday, MarketBeat.com reports. They currently have an outperform rating on the stock. BECN has been the subject of several other reports. Truist Financial increased their price objective on Beacon Roofing Supply […]
Arcadia Investment Management Corp MI purchased a new stake in Beacon Roofing Supply, Inc. (NASDAQ:BECN – Free Report) in the 1st quarter, HoldingsChannel reports. The fund purchased 650 shares of the company’s stock, valued at approximately $38,000. Several other institutional investors and hedge funds have also added to or reduced their stakes in BECN. Clayton […]
Beacon Roofing Supply, Inc. (NASDAQ:BECN – Get Free Report) saw a large decline in short interest in June. As of June 30th, there was short interest totalling 2,180,000 shares, a decline of 12.4% from the June 15th total of 2,490,000 shares. Approximately 4.5% of the company’s shares are sold short. Based on an average trading […]
Beacon Roofing Supply, Inc. (NASDAQ:BECN – Free Report) – Analysts at William Blair upped their Q2 2023 earnings per share estimates for Beacon Roofing Supply in a report released on Wednesday, July 12th. William Blair analyst R. Merkel now expects that the company will earn $2.27 per share for the quarter, up from their prior […]
Beacon Roofing Supply (NASDAQ:BECN – Get Free Report) updated its second quarter 2023 earnings guidance on Thursday. The company provided earnings per share guidance of $1.88-$1.97 for the period, compared to the consensus earnings per share estimate of $2.22. The company issued revenue guidance of $2.50 billion-$2.50 billion, compared to the consensus revenue estimate of […]