Beacon Roofing Supply, Inc. (BECN) – A Tale Of A Growing But Stealthy Competitive Moat

Schmitz Thomas David, VP & Chief Accounting Officer, subtracted 333 shares of Beacon Roofing Supply, Inc. (BECN) from its portfolio at the rate of $34.94 per share valuing $11,635 on Jun 03. The insider left behind 242 shares of the company to its portfolio. Before making a move on any particular stock, readers often pay close attention to support and resistance markers. The last reported price for shares of Beacon Roofing Supply, Inc. (BECN) was $34.12. Currently, the 1st Resistance Point for this stock is $34.53, with a 2nd Resistance Point sitting at $34.95. Meanwhile, this company’s stock has a 1st Support Level at $33.52 and a 2nd Support Level at $32.93. Beacon Roofing Supply, Inc. (BECN) stock has lost -$0.60, or -1.73%, in the past five days. In the last full month, these shares have lost -$3.65, or -9.66%. In the past three months, this stock’s price has risen by $0.46, or 1.37%. This year-to-date, Beacon Roofing Supply, Inc. (BECN) shares have gained $2.40, or 7.57%.

Analyzing price projection indicators is a helpful way to determine whether a potential stock buy is a wise choice for profits in the short term, medium term, and long term. For Beacon Roofing Supply, Inc. (BECN) stock, 60% of short-term indicators suggest that these shares are a “ Sell .” Meanwhile, 100% of medium-term indicators point to this stock being a “ Sell .” Looking further ahead, 0% of long-term indicators suggest that this stock is a “ Hold .”

With 68,477 K shares outstanding, this company currently has a market capitalization of $2,276,860K. Beacon Roofing Supply, Inc. (BECN) generates $6,418 M in annual sales, amounting to annual net income of $98,630 K. This stock has generated a 1-Year Total Return of -21.06%, a 3-Year Total Return of -21.33%, and a 5-year Total Return of 3.39%. This stock’s 5-Year Dividend Growth is 0.00%. Its Annual Dividend Yield is 0.00%, and its Annual Dividend Rate is 0.00.

In the most recently-reported fiscal quarter, which ended in Mar-19, Beacon Roofing Supply, Inc. (BECN) reported earnings of -$0.45 per share. Wall Street analysts, on average, were expecting the company to report earnings of -$0.51 per share, representing a 0.06 difference and -11.38% surprise. In the previous quarter ending in Dec-18, the reported earnings of $0.60 represented a 0.05 difference from the consensus estimate calling for $0.55 per share, which was a 8.62% surprise.

For the current fiscal quarter, which is set to end in 06/2019, the average earnings estimate is $1.26 per share. This estimate came from a total of 11 Wall Street Analysts. Of those market experts, the high estimate was $1.36 and the low estimate was $1.20. In the year-ago quarter, Beacon Roofing Supply, Inc. (BECN) generated per-share earnings of $1.18. If the analysts are correct about the current quarter’s earnings, the growth will be +6.78% .

Turning our focus now to insider trading activity, there have been 1 purchases (333 shares in total) and 2 sale (5,583 shares in total) in the last 3 months. In the last 6 months, there have been 9 insider buys amounting to 76,079 shares and 8 insider sales amounting to 32,088 shares. In the past full year, 30 insider purchases were made (involving 523,848 shares) and 16 insider sell-offs equivalent to 51,224 shares.

Moving onto liquidity, Beacon Roofing Supply, Inc. (BECN) has a Current Ratio of 1.59, a Quick Ratio of 0.97 and a Cash Ratio of 0.09. Looking at this company’s capital structure, its Total Debt to Total Equity is 114.76, its Total Debt to Total Capital is 53.44, and its Total Debt to Total Assets is now 39.96. Looking even further ahead into the future, its Long-Term Debt to Equity is 138.02 and its Long-Term Debt to Total Capital is 53.03.