Beacon Roofing Supply, Inc. (NASDAQ:BECN) gets downgraded to Neutral by Robert W. Baird

Analyst Ratings For Beacon Roofing Supply, Inc. (NASDAQ:BECN)

Today, Beacon Roofing Supply, Inc. (NASDAQ:BECN) stock was downgraded by Robert W. Baird from Outperform to Neutral.

There are 8 Buy Ratings, 6 Hold Ratings, 1 Sell Ratings, no Strong Buy Ratings on the stock.

The current consensus rating on Beacon Roofing Supply, Inc. (NASDAQ:BECN) is Hold with a consensus target price of $52.6154 per share, a potential 51.02% upside.

Some recent analyst ratings include

  • 10/2/2018-Beacon Roofing Supply, Inc. (NASDAQ:BECN) gets downgraded to Neutral by Robert W. Baird
  • 9/24/2018-Beacon Roofing Supply, Inc. (NASDAQ:BECN) had its Buy rating reiterated by Longbow Research
  • 8/23/2018-Beacon Roofing Supply, Inc. (NASDAQ:BECN) had its Outperform rating reiterated by Wedbush with a $50.00 price target
  • 8/10/2018-Beacon Roofing Supply, Inc. (NASDAQ:BECN) had its Hold rating reiterated by Jefferies Financial Group with a $40.00 price target


  • On 8/16/2018 Philip Knisely, Director, bought 6,000 with an average share price of $37.14 per share and the total transaction amounting to $222,840.00.
  • On 8/9/2018 Cd&R Investment Associates Ix,, Major Shareholder, bought 314,400 with an average share price of $38.77 per share and the total transaction amounting to $12,189,288.00.
  • On 6/5/2018 Richard W Frost, Director, bought 11,820 with an average share price of $42.46 per share and the total transaction amounting to $501,877.20.
  • On 5/18/2018 Joseph M Nowicki, CFO, bought 2,470 with an average share price of $40.45 per share and the total transaction amounting to $99,911.50.
  • On 11/27/2017 Paul Isabella, CEO, sold 40,000 with an average share price of $60.57 per share and the total transaction amounting to $2,422,800.00.
  • On 11/21/2017 Ross D Cooper, EVP, sold 2,000 with an average share price of $59.75 per share and the total transaction amounting to $119,500.00.
  • On 9/7/2016 Carl T Berquist, Director, bought 5,000 with an average share price of $44.81 per share and the total transaction amounting to $224,050.00.

About Beacon Roofing Supply, Inc. (NASDAQ:BECN)
Beacon Roofing Supply, Inc., together with its subsidiaries, distributes residential and commercial roofing materials, and other complementary building materials to contractors, home builders, retailers, and building materials suppliers. The company's residential roofing products include asphalt shingles, synthetic slates and tiles, clay and concrete tiles, slates, nail base insulations, metal roofing, felts, synthetic underlayment, wood shingles and shakes, nails and fasteners, metal edgings and flashings, prefabricated flashings, ridges and soffit vents, and other accessories. Its non-residential roofing products comprise single-ply roofing, asphalt, metal, modified bitumen, and build-up roofing products; cements and coatings; flat stock and tapered insulations; commercial fasteners; metal edges and flashings; smoke/roof hatches; roofing tools; sheet metal products, including copper, aluminum, and steel; and PVC, thermoplastic olefin, and ethylene propylene diene monomer membrane products. The company also provides complementary building products, such as vinyl, wood, and fiber cement sidings; and stone veneers, windows, doors, skylights, and gutters and downspouts, as well as decking and railing, sealants, air barriers, water proofing, building insulation, concrete restoration systems, and millwork products. In addition, it offers value-added services, including advice and assistance on product identification, specification, and technical support; job site delivery, rooftop loading, and logistical services; tapered insulation design and related layout services; metal fabrication and related metal roofing design and layout services; trade credit; and marketing support for contractors. As of November 20, 2017, the company operated through a network of 383 branches in 48 states of the United States and 6 provinces in Canada. Beacon Roofing Supply, Inc. was founded in 1928 and is headquartered in Herndon, Virginia.

Recent Trading Activity for Beacon Roofing Supply, Inc. (NASDAQ:BECN)
Shares of Beacon Roofing Supply, Inc. closed the previous trading session at 34,84 −1,35 3,73 % with 36.31 shares trading hands.

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