After Hours
It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. Yahoo Finance discussed the stock recently as it posted Beacon Reports Fourth Quarter and Full Year 2023 Results.
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Stocks Info
Beacon Roofing Supply Inc is listed on the NASDAQ in the Industrials sector while operating in the Industrial Distribution industry. The current market capitalization of Beacon Roofing Supply Inc is $5.67B. A total of 0.92 million shares were traded on the day, compared to an average of 748.73K shares.
Insider Activity
Insider trades are also considered as indicators of how a stock will perform in the future, in addition to stock predictions. During the recent three months, BECN has seen 0 BUY and 0 SELL insider trades, representing the acquisition of 0 and the disposition of 0 shares. Over the last 12 months, there were 44 BUYs and 41 SELLs from insiders. Insiders purchased 409,339 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.
Despite rarely being accurate, price targets can exert some form of influence at times, and are often regarded as valuable by markets. 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 $54.60.
As of this writing, BECN has an earnings estimate of $1.66 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 $1.42. 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
As well as showing the assets and liabilities of the company, the balance sheet also shows the amount invested in equity by investors. Investors can analyze a company’s future prospects by calculating its financial ratios based on 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
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. 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.
