Date | Price Target | Rating | Analyst |
---|---|---|---|
4/18/2024 | $135.00 | Buy | The Benchmark Company |
2/29/2024 | $99.00 → $115.00 | Neutral → Outperform | Robert W. Baird |
1/8/2024 | Mkt Perform → Outperform | William Blair | |
12/14/2023 | $86.00 → $103.00 | Neutral → Overweight | JP Morgan |
10/5/2023 | $91.00 → $94.00 | Sector Perform → Outperform | RBC Capital Mkts |
10/14/2022 | $77.00 → $65.00 | Outperform → Neutral | Robert W. Baird |
8/18/2022 | $90.00 | Buy | Deutsche Bank |
7/19/2022 | Outperform → Mkt Perform | William Blair |
Expands service for contractors in New Jersey and New York Beacon (NASDAQ:BECN), the leading publicly-traded wholesale distributor specializing in roofing, waterproofing and related exterior products, announced today that it has completed the acquisition of Passaic Metal and Building Supplies Co. and certain affiliated companies ("PAMPCO") headquartered in Clifton, New Jersey. PAMPCO has five branches in New Jersey and one in upstate New York. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240802213496/en/PAMPCO (Photo: Business Wire) PAMPCO's roots in metal, roofing and siding date back to 1911. "Four generations of the Gurtm
Expands service for roofing contractors in Vancouver Beacon (NASDAQ:BECN), the leading publicly-traded wholesale distributor specializing in roofing, waterproofing and related exterior products, announced today that it has completed the acquisition of SSR Roof Supply Ltd. ("SSR"). SSR operates two branches in the Vancouver, British Columbia market, with one branch in Burnaby and the other in Surrey. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240731352088/en/SSR Roof Supply Ltd. (Photo: Business Wire) SSR has been serving residential and commercial contractors for over 30 years. "We are proud of our history as a family-owne
Record quarterly sales driven by Ambition 2025 initiatives, including greenfields and acquisitions Organic sales growth across all 3 lines of business led by strong non-residential reroofing demand Acquired Smalley & Co., a leading waterproofing distributor in the West with 11 locations Entered into an accelerated share repurchase agreement to return up to $225M to stockholders in 2024 Beacon (NASDAQ:BECN) (the "Company", "we", "our"), the leading publicly-traded wholesale distributor specializing in roofing, waterproofing, and exterior products, announced results today for the second quarter ended June 30, 2024. "Our Ambition 2025 initiatives drove record quarterly net sales
4 - BEACON ROOFING SUPPLY INC (0001124941) (Issuer)
4 - BEACON ROOFING SUPPLY INC (0001124941) (Issuer)
4 - BEACON ROOFING SUPPLY INC (0001124941) (Issuer)
The Benchmark Company initiated coverage of Beacon Roofing Supply with a rating of Buy and set a new price target of $135.00
Robert W. Baird upgraded Beacon Roofing Supply from Neutral to Outperform and set a new price target of $115.00 from $99.00 previously
William Blair upgraded Beacon Roofing Supply from Mkt Perform to Outperform
Beacon (the "Company") (NASDAQ:BECN) the leading publicly-traded wholesale distributor specializing in roofing, waterproofing and exterior products, announced today a partnership with the U.S. Army Partnership for Your Success (PaYS) Program to provide military service members with career pathways in the roofing industry following their military service. This alliance underscores Beacon's commitment to supporting Veterans and providing career opportunities to those who have served our nation. As a PaYS Partner, Beacon will actively recruit Veterans for roles across the company, offering them the chance to build rewarding careers throughout the Company's nationwide footprint. This press rel
Nominations Sought to Support Veterans in Need of Roof Replacement Beacon (NASDAQ:BECN), the leading publicly-traded wholesale distributor specializing in roofing, waterproofing and exterior products, is seeking nominations for its annual Beacon of Hope. This North American program has been expanded to award new roofs at no cost to 12 Veteran-owned homes and two community buildings that house organizations serving Veterans. Now in its sixth year, Beacon of Hope is part of Beacon's commitment to Building Better for its Communities. The program is open to all military Veterans in the U.S. and Canada. Together with local roofing companies, Beacon will deliver and fully fund a safe, durable
Expands service for contractors in New Jersey and New York Beacon (NASDAQ:BECN), the leading publicly-traded wholesale distributor specializing in roofing, waterproofing and related exterior products, announced today that it has completed the acquisition of Passaic Metal and Building Supplies Co. and certain affiliated companies ("PAMPCO") headquartered in Clifton, New Jersey. PAMPCO has five branches in New Jersey and one in upstate New York. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240802213496/en/PAMPCO (Photo: Business Wire) PAMPCO's roots in metal, roofing and siding date back to 1911. "Four generations of the Gurtm
Beacon (the "Company") (NASDAQ:BECN) the leading publicly-traded wholesale distributor specializing in roofing, waterproofing and exterior products, announced today a partnership with the U.S. Army Partnership for Your Success (PaYS) Program to provide military service members with career pathways in the roofing industry following their military service. This alliance underscores Beacon's commitment to supporting Veterans and providing career opportunities to those who have served our nation. As a PaYS Partner, Beacon will actively recruit Veterans for roles across the company, offering them the chance to build rewarding careers throughout the Company's nationwide footprint. This press rel
Expands service for commercial contractors in Los Angeles Beacon (NASDAQ:BECN) announced today that it has completed the acquisition of Roofers Mart of Southern California, Inc. ("Roofers Mart") located in Walnut, California. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240710314693/en/Roofers Mart of Southern California, Inc. Roofers Mart has a 40-year history serving roofing contractors in the Los Angeles metro market. "We are excited to join the Beacon team. Our customers trust us to deliver top quality, which will be enhanced as we combine with Beacon to extend our expertise, scope, and size," commented Greg Robles, CEO
Beacon (NASDAQ:BECN) announced today the appointment of Prithvi (Prith) Gandhi as Executive Vice President and Chief Financial Officer. Mr. Gandhi will join Beacon on May 1, 2024, and assume his role as Chief Financial Officer on or about May 6, 2024. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240422328918/en/Prithvi Gandhi, Beacon (Photo: Business Wire) Prior to joining Beacon, Mr. Gandhi was VP, Finance and Chief Financial Officer at TAMKO Building Products, a roofing products manufacturer and supplier for the last two years where he led initiatives that drove business insights and financial leverage resulting in improved
4 - BEACON ROOFING SUPPLY INC (0001124941) (Issuer)
4 - BEACON ROOFING SUPPLY INC (0001124941) (Issuer)
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Expands service for commercial contractors in Los AngelesBeacon (NASDAQ:BECN) announced today that it has completed the acquisition of Roofers Mart of Southern California, Inc. ("Roofers Mart") located in Walnut, California.This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240710314693/en/
Beacon Roofing Supply's (NYSE:BECN) short percent of float has fallen 11.49% since its last report. The company recently reported that it has 2.22 million shares sold short, which is 4.47% of all regular shares that are available for trading. Based on its trading volume, it would take traders 3.4 days to cover their short positions on average. Why Short Interest Matters Short interest is the number of shares that have been sold short but have not yet been covered or closed out. Short selling is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises. Short