U.S. Markets open in 4 hrs 18 mins

Beacon Roofing Supply, Inc. (BECN)

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
Add to watchlist
31.07+2.26 (+7.84%)
At close: 4:00PM EDT
Sign in to post a message.
  • s
    skul1
    This is gonna go up due to hurricane Laura
    Bullish
  • E
    Ethan
    The heck happened here I thought I was up to 35 and ready to sell now we’re at 31
  • J
    Justin
    with all of these hurricanes coming will this pop?
  • W
    Warner
    Price target anyone?
    Bullish
  • Y
    Yahoo Finance Insights
    Beacon Roofing Supply is down 6.78% to 27.79
  • S
    SCOTT
    Today’s article from Simply Wall Street indicates that BECN is undervalued. BECN’s intrinsic value is $68 and change. This value proposition is also supported by CD&R Investment Associates IX LTD who purchased 5,609,763 BECN shares at $33.32 per share on March 14, 2019 worth $215, 975,876 today. BECN is still a bargain today at $38.50. BECN chart is also in uptrend. Remember that the trend is your friend! Grab some shares before it goes way up when the company reports on May 7, 2019.
  • L
    Lhk
    Peak hurricane season from late August through September; the season's climatological peak of activity occurs around September 10 each season.
  • M
    Matt
    This stock is stuck in perpetual neutral gear....
  • J
    JoeSchmo
    Shares are being steadily accumulated, even with all the recent market volatility. My sense is a buyout is coming. Stay Long.
  • J
    JoeSchmo
    Latest qtr was a shock in terms of earnings, yes, but I think this morning's selloff is an over-reaction. Building activity remains robust throughout the country. Keep the faith, longs.
  • b
    b
    Poor storm season in the southwest and midwest...hail damage minimal...sales will take a hit.

    thats how it goes
  • L
    Lhk
    I'm pickied up some here as an investment $36, just as a backstop do you think the US is finished with major hurricanes, new housing will pick up sooner or later.
  • J
    JoeSchmo
    Given all the incremental business these guys should anticipate between two major hurricanes, it's amazing the SP should still be this low. I don't understand.
  • B
    Bryan
    BECN is holding at the ever important psychological support of $30 but if it breaks down, it could drop to mid $26. If it clears that, you are off to the races to the low $20's (which IMHO is where it belongs at this point). $4B+ in deals in the last 6 years and EPS is lower now (FY2018 and FY2019) than it was in 2013. Horribly managed and CDR has taken note. If this does breakdown to the mid $20's, expect to see CDR pick up the required shares for 51% ownership.
    Bearish
  • M
    Matt
    BEC will be back at 65 by May 22.
  • W
    William
    becn earnings revised down 27 percent 2018 and 19 ....revised down guidance not good. on other hand cd&r acquired huge position and gives thought to buyout ....
  • c
    charles
    Folks, this baby is a Screaming Short for Earnings. Poorly managed, weak sector, the hurricane season was exceptionally weak, construction down, winter season is here, etc... I expect Earnings and Revenue misses, and poor Guidance going forward, from Monday's after market close earnings report. The result should be a significant drop in share price, into the upper 20's. Planning to Sell Short 500 shares on Monday.
  • A
    Ashley
    I think it's going much higher. Lots of business was delayed because of all the rain this summer. Lots of make up jobs are happening now. Next quarter will be exceptional.
  • A
    Ashley
    After listening to the conference call I am confident that business will grow even more next quarter once all the business that was delayed by the rain and is now pouring in is counted.
  • A
    Ashley
    Yes!!!