After Hours
After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. Earlier, Yahoo Finance discussed this stock as it revealed Beacon Announces Pricing of Secondary Offering of 5,218,134 Shares of Common Stock.
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Stocks Info
BECN belongs to the Industrials sector of the NASDAQ while operating in the Industrial Distribution industry. At the end of the last regular session, the stock closed at $85.11 and fluctuated between $85.57 as its day high and $84.12 as its day low. The current market capitalization of Beacon Roofing Supply Inc is $5.39B. A total of 4.03 million shares were traded on the day, compared to an average of 553.33K shares.
Insider Activity
Investors also take into account insider trades in predicting how the stock will perform in the future. During the recent three months, BECN has seen 16 BUY and 17 SELL insider trades, representing the acquisition of 192,079 and the disposition of 90,630 shares. Over the last 12 months, there were 45 BUYs and 41 SELLs from insiders. Insiders purchased 516,524 shares during that period but sold 5,134,985.
In the most recent transaction, Taylor Jason L sold 1,806 shares of BECN for 88.75 per share on Dec 20. After the transaction, the President, West Division now owns 11,178 company shares. In a previous transaction on Dec 14, Taylor Jason L sold 1,806 shares at 83.85 per share. BECN shares that President, West Division owns now total 12,984.
Among the insiders who sold shares, Gosa James J disposed of 2,250 shares on Dec 11 at a per-share price of $80.38. This resulted in the President, North/Canada Div. holding 17,922 shares of BECN after the transaction. In another insider transaction, Best Clement Munroe III sold 4,797 shares at $81.90 per share on Nov 22. Company shares held by the President, South Division now total 67,289.
While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. According to analysts who have offered 12-month price targets for BECN in the last 3 months, the mean price target is $100.75 with high estimates of $122.00 and low estimates of $85.00. In terms of 52-week highs and lows, BECN has a high of $89.39 and a low of $52.52.
As of this writing, BECN has an earnings estimate of $1.65 per share for the current quarter. EPS was calculated based on a consensus of 15 estimates, with a high estimate of $1.82 per share and a lower estimate of $1.34. The company reported an EPS of $2.31 in the last quarter, which was 1.80% higher than expectations of $2.27.
Balance Sheet Annually/Quarterly
An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information. BECN’s latest balance sheet shows that the firm has $225.80M in Cash & Short Term Investments as of fiscal 2021. There were $2.07B in debt and $1.37B in liabilities at the time. Its Book Value Per Share was $27.69, while its Total Shareholder’s Equity was $2.21B.
Analysts Opinion
There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for BECN is Buy with a score of 3.83.
