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

GAF QuickMeasure reports are now available through Beacon PRO+ Beacon (NASDAQ:BECN), the leading publicly-traded wholesale distributor specializing in roofing, waterproofing and related exterior products, announced today a partnership with GAF to provide its customers access to now order GAF QuickMeasure™ reports from Beacon PRO+®, an industry-leading digital platform. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241021794051/en/Beacon PRO+® (Photo: Business Wire) Beacon's integration with GAF provides contractors with another option to take the guesswork out of the estimation process by ordering QuickMeasure reports to get fa

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 exterior products, announced today that it has opened new locations in Pelham, Alabama, Queen Creek, Arizona, Port St. Lucie, Florida and Bellingham, Washington. The new branch in Pelham, Alabama serves the Birmingham metro area. "This is our second location in the growing Birmingham market, chosen specifically to complement our existing branch. We are now able to expand our product offering and enhance service to contractors in all segments of the business, commented Lynn France, Regional Vice President, Southeast. The new branch in Queen Creek, Arizona serves the growing ea

Provides roofing contractors with online capabilities to gain efficiency in real-time Beacon (NASDAQ:BECN) the leading publicly-traded wholesale distributor specializing in roofing, waterproofing and exterior products, announced today that it has launched its industry-leading digital platform, Beacon PRO+®, in Canada. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240916173991/en/Beacon PRO+® Beacon PRO+ is a robust, no-cost digital tool that is used by thousands of U.S. roofing contractors to manage their business and sales process anywhere at any time. At the office or on-the-go, customers can find product descriptions and spe

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

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

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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

JP Morgan upgraded Beacon Roofing Supply from Neutral to Overweight and set a new price target of $103.00 from $86.00 previously

RBC Capital Mkts upgraded Beacon Roofing Supply from Sector Perform to Outperform and set a new price target of $94.00 from $91.00 previously

Robert W. Baird downgraded Beacon Roofing Supply from Outperform to Neutral and set a new price target of $65.00 from $77.00 previously

Deutsche Bank initiated coverage of Beacon Roofing Supply with a rating of Buy and set a new price target of $90.00

William Blair downgraded Beacon Roofing Supply from Outperform to Mkt Perform

RBC Capital Mkts downgraded Beacon Roofing Supply from Outperform to Sector Perform and set a new price target of $58.00 from $70.00 previously

JP Morgan upgraded Beacon Roofing Supply from Underweight to Neutral and set a new price target of $68.00

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

Five new locations and increased service for building contractors in the Midwest Beacon (NASDAQ:BECN) announced today that it has completed the acquisition of General Siding Supply ("General Siding") headquartered at its Omaha, NE branch, with four additional branches located in Lincoln, NE, Grand Island, NE, Sioux City, IA and West Fargo, ND. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240412236560/en/General Siding Supply For nearly 50 years, General Siding has provided building supplies including siding, windows, and doors to Midwest contractors. "Beacon is a great place to work, and our employees are excited to join the

Specialty waterproofing contractors in Mid-Atlantic region gain expanded service from Beacon Beacon (NASDAQ:BECN) announced today that it has completed the acquisition of Metro Sealant & Waterproofing Supply, Inc. ("Metro Sealant") headquartered in Springfield, VA with three additional branches located in Ashland, VA, Linthicum, MD, and Virginia Beach, VA. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240209907786/en/Metro Sealant Metro Sealant has a 35-year history serving contractors, design professionals, and owners with tailored sealant and waterproofing solutions for commercial construction. "We are proud to join the Bea

More locations and increased service for commercial contractors in the Carolinas Beacon (NASDAQ:BECN) announced today that it has completed the acquisition of Roofers Supply of Greenville ("Roofers Supply") headquartered in Greenville, SC with two additional branches located in Charlotte, NC and Raleigh, NC. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240131049790/en/Roofers Supply Roofers Supply has a more than 40-year history in commercial roofing throughout the southeast. "We are excited to join the Beacon team. Our contractors and employees will benefit from combining our expertise, scope, and size," commented Chris Cau

Announces Preliminary Above Expectations Results for Fourth Quarter and Full Year 2023 Exceeded Ambition 2025 Revenue and Shareholder Return Targets in 2023 Announces Preliminary 2024 Outlook HERNDON, Va., Jan. 10, 2024 /PRNewswire/ -- Beacon (NASDAQ:BECN) (the "Company", "we," "us" or "our") is announcing the appointment of Carmelo Carrubba, Beacon's current Vice President of Strategy and Transformation, as Interim Chief Financial Officer, effective January 20, 2024. Beacon is also announcing its estimated preliminary results for the quarter and full year ended December 31, 2023 and its preliminary 2024 outlook.

JACKSONVILLE, Fla. , July 19, 2023 (GLOBE NEWSWIRE) -- Duos Technologies Group, Inc. ("Duos" or the "Company") (NASDAQ:DUOT), through its operating subsidiary Duos Technologies, Inc. a provider of vision based analytical technology solutions, has appointed rail industry veteran Frank Lonegro to its Board of Directors. With a 30-year professional career spanning leadership roles in finance, law, technology and operations, Mr. Lonegro enjoyed a long and distinguished career at CSX Corporation (NASDAQ:CSX) starting in 2000 as Assistant General Counsel and serving in various senior executive roles including Chief Financial Officer from 2015 to 2019. He currently serves as the Chief Financial O

Beacon (NASDAQ:BECN) (the "Company") announced today that Racquel Harris Mason has been appointed to its Board of Directors effective March 16, 2023. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230221005641/en/Racquel Harris Mason Ms. Mason, age 53, currently serves as a member of the board of directors of NeilsenIQ, a leading consumer intelligence company. She previously served as Executive Vice President and Chief Marketing Officer at Elanco Animal Health Incorporated, a provider of animal health products and services. Prior to that, Ms. Mason was employed at the Coca-Cola Company for 14 years, most recently as Senior Vice P

Beacon (NASDAQ:BECN) announced today the appointment of seasoned leader Dan Worley as Vice President, Environment, Health & Safety (EHS). Mr. Worley has been in the roofing industry his entire career and has served 32 years with Beacon. His extensive operations experience culminated in his most recent role of Regional Vice President, Mid Atlantic. "This role gives me the opportunity to dedicate myself to Beacon and the industry in a new way that goes right to my heart for engaging people," commented Mr. Worley. "Having led 30 branches and 540 team members in our Mid-Atlantic region, I have seen the impact of positivity and the power of caring for one another on the job and off. I could not

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

Extreme Metal has locations in Key Largo and Palm City, Florida and Integrity Metals with locations in Gainesville and Vero Beach, Florida.

Ratings for Beacon Roofing Supply (NASDAQ:BECN) were provided by 7 analysts in the past three months, showcasing a mix of bullish and bearish perspectives. The table below summarizes their recent ratings, showcasing the evolving sentiments within the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 2 4 1 0 0 Last 30D 0 1 0 0 0 1M Ago 0 1 1 0 0 2M Ago 2 1 0 0 0 3M Ago 0 1 0 0 0 The 12-month price targets, analyzed by analysts, offer insights with an average target of $116.29, a high estimate of $135.00, and a low estimate of $95.00. Observing a 14.57% increase, the current average has risen

JP Morgan analyst Michael Rehaut maintains Beacon Roofing Supply (NASDAQ:BECN) with a Overweight and raises the price target from $100 to $117.

Truist Securities analyst Keith Hughes maintains Beacon Roofing Supply (NASDAQ:BECN) with a Hold and raises the price target from $90 to $95.

Baird analyst David Manthey maintains Beacon Roofing Supply (NASDAQ:BECN) with a Outperform and raises the price target from $115 to $117.