What is Zacks Research’s Estimate for BECN Q1 Earnings?

Beacon Roofing Supply, Inc. (NASDAQ:BECN) – Zacks Research cut their Q1 2025 earnings per share (EPS) estimates for Beacon Roofing Supply in a report issued on Wednesday, March 12th. Zacks Research analyst S. Mukherjee now expects that the company will post earnings of ($0.18) per share for the quarter, down from their previous estimate of $0.47. The consensus estimate for Beacon Roofing Supply’s current full-year earnings is $7.22 per share. Zacks Research also issued estimates for Beacon Roofing Supply’s FY2025 earnings at $6.93 EPS, Q1 2026 earnings at $0.33 EPS and FY2026 earnings at $7.87 EPS.

Beacon Roofing Supply (NASDAQ:BECN) last released its quarterly earnings results on Thursday, February 27th. The company reported $1.65 EPS for the quarter, missing the consensus estimate of $1.66 by ($0.01). Beacon Roofing Supply had a return on equity of 25.32% and a net margin of 3.86%. The business had revenue of $2.40 billion during the quarter, compared to analyst estimates of $2.43 billion.

A number of other research analysts also recently commented on the company. Zelman & Associates downgraded Beacon Roofing Supply from a “strong-buy” rating to a “hold” rating in a report on Thursday, January 16th. StockNews.com began coverage on Beacon Roofing Supply in a report on Monday. They set a “sell” rating on the stock. JPMorgan Chase & Co. increased their target price on Beacon Roofing Supply from $119.00 to $136.00 and gave the stock an “overweight” rating in a report on Tuesday, November 19th. Robert W. Baird increased their price target on Beacon Roofing Supply from $120.00 to $124.00 and gave the stock an “outperform” rating in a research report on Friday, February 28th. Finally, BMO Capital Markets dropped their price target on Beacon Roofing Supply from $136.00 to $130.00 and set an “outperform” rating on the stock in a research report on Tuesday, March 4th. One research analyst has rated the stock with a sell rating, four have given a hold rating and six have assigned a buy rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $119.95.

Beacon Roofing Supply Trading Up 1.3 %

NASDAQ:BECN opened at $119.90 on Monday. The company has a quick ratio of 1.14, a current ratio of 1.91 and a debt-to-equity ratio of 1.60. The business’s 50 day moving average is $115.41 and its two-hundred day moving average is $103.53. Beacon Roofing Supply has a 52 week low of $77.54 and a 52 week high of $121.42. The company has a market cap of $7.38 billion, a PE ratio of 20.50 and a beta of 1.63.

Institutional Trading of Beacon Roofing Supply

Several large investors have recently added to or reduced their stakes in BECN. FMR LLC increased its position in Beacon Roofing Supply by 17.6% in the 3rd quarter. FMR LLC now owns 6,435,880 shares of the company’s stock valued at $556,253,000 after acquiring an additional 963,633 shares during the period. Norges Bank acquired a new stake in Beacon Roofing Supply in the 4th quarter valued at approximately $94,573,000. Balyasny Asset Management L.P. acquired a new stake in Beacon Roofing Supply in the 4th quarter valued at approximately $68,588,000. Janus Henderson Group PLC increased its position in shares of Beacon Roofing Supply by 1,449.0% during the 3rd quarter. Janus Henderson Group PLC now owns 615,593 shares of the company’s stock valued at $53,205,000 after purchasing an additional 575,852 shares during the period. Finally, Citigroup Inc. increased its position in shares of Beacon Roofing Supply by 1,192.1% during the 3rd quarter. Citigroup Inc. now owns 513,692 shares of the company’s stock valued at $44,398,000 after purchasing an additional 473,937 shares during the period. 98.45% of the stock is currently owned by institutional investors and hedge funds.

Beacon Roofing Supply Company Profile

Beacon Roofing Supply, Inc, together with its subsidiaries, engages in the distribution of residential and non-residential roofing materials, and complementary building products to contractors, home builders, building owners, lumberyards, and retailers in the United States and Canada. The company offers pitched roofing and low slope roof products; gutters and sidings; building materials, such as lumber and composite, skylights and window, plywood and OSB, decking and railing, and HVAC products; and foam board, spray foam, roll, batt, mineral wool, fiberglass, and commercial insulation products, as well as radiant barriers and blown-in insulation and equipment.