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Beacon Roofing Supply (NASDAQ:BECN) Rating Lowered to Sell at BidaskClub

Beacon Roofing Supply (NASDAQ:BECN) was downgraded by investment analysts at BidaskClub from a "hold" rating to a "sell" rating in a research note issued on Thursday. A number of other equities analysts have also weighed in on the stock.

Find the latest beacon roofing supply, Inc. (BECN) stock quote, history, news and other vital information to help you with your stock trading and investing. BidaskClub upgraded shares of Beacon Roofing Supply (NASDAQ:BECN) from a sell rating to a hold rating in a research report released on Thursday morning, BidAskClub reports.

Beacon Roofing Supply (NASDAQ:BECN) issued its earnings results on Tuesday. The company reported reported $0.92 earnings.92 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $1.24 by ($0.32), Bloomberg earnings reports. beacon Roofing Supply had a return on equity of 10.76% and a net margin of 0.41%.

– Shares of Beacon Roofing Supply, Inc. (NASDAQ:BECN) have received an average rating of "Hold" from the twenty analysts that are covering the stock, Marketbeat Ratings reports. One analyst has rated the stock with a sell rating, twelve have assigned a hold rating and six have issued a buy rating.

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Beacon Roofing Supply (NASDAQ:BECN) announced its earnings results on Tuesday. The company reported $0.92 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $1.24 by ($0.32), Bloomberg Earnings reports. Beacon Roofing Supply had a net margin of 0.41% and a return on equity of 10.76%.

BECN real time stock Quote – Get Beacon Roofing Supply, Inc. Common Stock (BECN) last sale data in real-time at NASDAQ.com.

BidaskClub upgraded shares of Beacon Roofing Supply (NASDAQ:BECN) from a sell rating to a hold rating in a report issued on Friday morning, BidAskClub reports.. Several other research analysts also recently weighed in on the company. Royal Bank of Canada set a $35.00 price objective on shares of Beacon Roofing Supply and gave the company a hold rating in a report on Tuesday, March 26th.

Shares of Beacon Roofing Supply, Inc. (NASDAQ:BECN) have received a consensus rating of "Hold" from the seventeen ratings firms that are covering the firm, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell rating, twelve have given a hold rating and four have issued a buy rating on the company.

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