Beacon Roofing Supply downgraded by William Blair
$BECN
RETAIL: Building Materials
Consumer Discretionary
William Blair downgraded Beacon Roofing Supply from Outperform to Mkt Perform
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| 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 |
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
New integration allows contractors to submit materials orders directly in Beacon PRO+ Beacon (NASDAQ:BECN) the leading publicly-traded specialty wholesale distributor of roofing, waterproofing and related exterior products announced today a partnership with Leap to integrate their CRM tool with Beacon's eCommerce platform, Beacon PRO+®. Leap CRM is an end-to-end management software that helps home improvement contractors win and manage every job. This integration allows contractors to purchase Beacon products seamlessly within Leap's full-service CRM tool. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241115105574/en/Leap (Gr
Beacon of Hope program provides Veterans with secure roofs This Veteran's Day, Beacon (NASDAQ:BECN) announced the 14 grand-prize winners of its annual Beacon of Hope® program, an initiative aimed at honoring Veterans throughout North America for their service by supporting them with a brand-new roof, free of charge. Together with local roofing companies, Beacon will deliver and facilitate 14 roof replacements for Veteran and Gold Star Family homes, and community buildings serving Veterans. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241111511825/en/Beacon of Hope (Photo: Business Wire) "At Beacon, we're committed to giving
Record quarterly sales driven by execution on Ambition 2025 growth initiatives Disciplined margin management and bottom quintile branch initiative resulted in solid net income and record Adjusted EBITDA Invested in organic growth by opening four greenfield locations to enhance customer reach Executed on value-creating acquisitions that are expected to contribute approximately $247 million of sales annually 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 third quarter ended September 30, 2024. "Beacon's third quarter results demonstrate
10-Q - BEACON ROOFING SUPPLY INC (0001124941) (Filer)
8-K - BEACON ROOFING SUPPLY INC (0001124941) (Filer)
8-K - BEACON ROOFING SUPPLY INC (0001124941) (Filer)
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
4 - BEACON ROOFING SUPPLY INC (0001124941) (Issuer)
4 - BEACON ROOFING SUPPLY INC (0001124941) (Issuer)
SC 13G/A - BEACON ROOFING SUPPLY INC (0001124941) (Subject)
SC 13G - BEACON ROOFING SUPPLY INC (0001124941) (Subject)
SC 13G - BEACON ROOFING SUPPLY INC (0001124941) (Subject)
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
4 - BEACON ROOFING SUPPLY INC (0001124941) (Issuer)
4 - BEACON ROOFING SUPPLY INC (0001124941) (Issuer)
4 - BEACON ROOFING SUPPLY INC (0001124941) (Issuer)
Record quarterly sales driven by execution on Ambition 2025 growth initiatives Disciplined margin management and bottom quintile branch initiative resulted in solid net income and record Adjusted EBITDA Invested in organic growth by opening four greenfield locations to enhance customer reach Executed on value-creating acquisitions that are expected to contribute approximately $247 million of sales annually 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 third quarter ended September 30, 2024. "Beacon's third quarter results demonstrate
Beacon (NASDAQ:BECN) (the "Company") announced today that its earnings results for the quarter ended September 30, 2024 will be released after market close on Wednesday, October 30, 2024. The Company will host a conference call and webcast to discuss its financial results at 8:30 a.m. Eastern Time on October 31, 2024. Analysts, investors and interested parties are invited to register and listen to the earnings call and view accompanying slides on the Company's website at the below link. Details for the earnings release event are as follows: What: Beacon Third Quarter 2024 Earnings Call When: Thursday, October 31, 2024 Time: 8:30 a.m. ET Access: Register for the
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 Chicago Metal Supply & Fabrication, Inc. ("Chicago Metal Supply") located in Chicago's Hanson Park neighborhood. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240909821984/en/Chicago Metal Supply (Photo: Business Wire) Founded in 2011, Chicago Metal Supply is a family-owned business, specializing in custom architectural sheet metal fabrication. With expertise spanning commercial, residential and historical restoration, the skilled te