Beacon Roofing Supply Stock In The News

BECN Stock  USD 100.32  1.62  1.59%   
Our overall analysis of Beacon Roofing's news coverage and content from conventional and social sources shows investors' bearish mood towards Beacon Roofing Supply. The specific impact of Beacon Roofing news on its stock price will depend on a range of factors, including the nature and significance of the news report and investors' perceptions of Beacon Roofing's overall financial health and prospects. It also depends on the type and quality of a news publisher.
  
Some academic researchers believe in a strong correlation between financial news and their impacts on the movements of stock prices. Macroaxis does not take a position on this subject and only provides tools that can help investors to time the market using Beacon Roofing headlines in addition to utilizing other, more conventional financial analysis modules. Check out Beacon Roofing Backtesting and Beacon Roofing Hype Analysis.

Beacon Roofing Today Top News and Investor Outlook

Yahoo News
Building-Products Distributor QXO Makes Bid for Beacon Roofing
https://finance.yahoo.com/m/f7fb3c68-29e0-37a8-9712-ccf57eaa6867/building-products-distributor.html
 Bullish
Yahoo News
Beacon Partners With GAF to Add Ecommerce Feature
https://finance.yahoo.com/news/beacon-partners-gaf-add-ecommerce-130000078.html
 Bullish
Yahoo News
Beacon to Release Third Quarter 2024 Earnings on October 30, 2024
https://finance.yahoo.com/news/beacon-release-third-quarter-2024-130000529.html
 Neutral
Yahoo News
Beacon Roofing Supply (NASDAQ:BECN) Is Doing The Right Things To Multiply Its Share Price
https://finance.yahoo.com/news/beacon-roofing-supply-nasdaq-becn-131205076.html
 Bullish
Yahoo News
Beacon on Expansion Spree, Opens Branches in Four Locations
https://finance.yahoo.com/news/beacon-expansion-spree-opens-branches-163400308.html
 Bullish
Yahoo News
Beacon Expands Service With Four New Locations in Alabama, Arizona, Florida and Washington
https://finance.yahoo.com/news/beacon-expands-four-locations-alabama-203000066.html
 Bullish
Yahoo News
Beacon Roofing Drops 12% in Six Months: How to Play the Stock?
https://finance.yahoo.com/news/beacon-roofing-drops-12-six-162400338.html
 Bullish
Yahoo News
Is Beacon Roofing Supply, Inc. (BECN) the Best Industrial Distribution Stock to Buy Now?
https://finance.yahoo.com/news/beacon-roofing-supply-inc-becn-053337587.html
 Bullish
Yahoo News
BECN Expands in Canadian Market With Beacon PRO+ Digital Tool
https://finance.yahoo.com/news/becn-expands-canadian-market-beacon-140000913.html
 Bullish
Yahoo News
Beacon Expands Digital Platform to Support Canadian Customers
https://finance.yahoo.com/news/beacon-expands-digital-platform-support-130000009.html
 Bullish

Beacon Roofing Supply Past News Timeline

Popular news outlets such as MarketWatch, Bloomberg, or Reuters provide Beacon and other traded companies coverage with news coverage. We help investors stay connected with Beacon headlines for the 29th of December to make an informed investment decision based on correlating the impacts of news items on Beacon Stock performance. Please note that trading solely based on the Beacon Roofing Supply hype is not for everyone as timely availability and quick action are needed to avoid losses.
Beacon Roofing's linear event process diagram shows some of the filtered current and past headlines as well as many other corporate-specific events such as SEC filings, dividends, and regulatory reporting available to the public. This module can help Beacon Roofing Supply investors visualize upcoming and past events in order to time the market based on Beacon Roofing Supply noise-free hype analysis.
Beacon Roofing stock price changes are notoriously difficult to predict based exclusively on its news coverage or social hype. Still, the Beacon earnings-per-share ratio is a good starting point for gauging a company's future prospects. If a firm's EPS rises and meets or even beats consensus forecasts, its shares stand to increase. However, some very sophisticated investors can spot management manipulation of EPS through actions such as buybacks.
Far too much social signal, news, headlines, and media speculation about Beacon Roofing that are available to investors today. That information is available publicly through Beacon media outlets and privately through word of mouth or via Beacon internal channels. However, regardless of the origin, that massive amount of Beacon data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Beacon Roofing news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Beacon Roofing relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Beacon Roofing's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Beacon Roofing alpha.

Beacon Largest EPS Surprises

Earnings surprises can significantly impact Beacon Roofing's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2017-05-04
2017-03-31-0.05-0.040.0120 
2005-05-11
2005-03-310.050.060.0120 
2013-05-10
2013-03-310.01-0.02-0.03300 
2005-02-14
2004-12-310.20.230.0315 
2009-12-01
2009-09-300.380.420.0410 
2006-05-10
2006-03-310.070.110.0457 
View All Earnings Estimates

Beacon Roofing Stock Latest Headlines

Some academic researchers believe in a strong correlation between financial news and their impacts on the movements of stock prices. Macroaxis does not take a position on this subject and only provides tools that can help investors to time the market using conventional financial analysis. Below is the latest headlines and news related to Beacon Roofing Supply Stock. The global stock market is bullish. About 65% of major world exchanges and indexes are currently up. See today's market update for more information.
patch News
27th of December 2024
Beacon Of Kindness Battles Cancer, Foreclosure In Mystic
at patch.com 
businesswire News
18th of December 2024
Office Beacon and NFL Alumni Renew Strategic Partnership to Enhance Business Efficiency an...
at businesswire.com 
news
13th of December 2024
Beacon Biosignals reports novel sleep EEG results
at massdevice.com 
businesswire News
11th of December 2024
Beacon propose des services financiers essentiels aux immigrants
at businesswire.com 
Yahoo News
10th of December 2024
Kav Coffee Bar Named Best Local Coffee Shop in Akron Beacon Journal Awards, Celebrates 10 ...
at finance.yahoo.com 
foxnews news
9th of December 2024
UNC fraternity brothers honored for defending American flag against anti-Israel mob Beacon...
at foxnews.com 
news
2nd of December 2024
Beacon Investment Advisory Services Inc. Has 12.83 Million Holdings in Fortinet, Inc.
at thelincolnianonline.com 
Yahoo News
21st of November 2024
Beacon Education Celebrates First Program to Pass 1,000 Graduates
at finance.yahoo.com 
zacks News
15th of November 2024
Zacks Industry Outlook The Home Depot, Lowes, Fastenal, Beacon Roofing Supply and Tecnogla...
at zacks.com 

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Beacon Roofing in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Beacon Roofing's short interest history, or implied volatility extrapolated from Beacon Roofing options trading.
When determining whether Beacon Roofing Supply offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Beacon Roofing's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Beacon Roofing Supply Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Beacon Roofing Supply Stock:
Check out Beacon Roofing Backtesting and Beacon Roofing Hype Analysis.
You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
Is Trading Companies & Distributors space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Beacon Roofing. If investors know Beacon will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Beacon Roofing listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.01
Earnings Share
5.85
Revenue Per Share
153.258
Quarterly Revenue Growth
0.073
Return On Assets
0.0622
The market value of Beacon Roofing Supply is measured differently than its book value, which is the value of Beacon that is recorded on the company's balance sheet. Investors also form their own opinion of Beacon Roofing's value that differs from its market value or its book value, called intrinsic value, which is Beacon Roofing's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Beacon Roofing's market value can be influenced by many factors that don't directly affect Beacon Roofing's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Beacon Roofing's value and its price as these two are different measures arrived at by different means. Investors typically determine if Beacon Roofing is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Beacon Roofing's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.