There Is A Quest For Clarity Surrounding Beacon Roofing Supply Inc (NASDAQ: BECN) Volatility

After Hours

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours.

Stocks Info

This NASDAQ-listed company operates within the Industrial Distribution industry segment, falling under the Industrials sector. The current market capitalization of Beacon Roofing Supply Inc is $6.74B. A total of 0.62 million shares were traded on the day, compared to an average of 663.82K shares.

In the most recent transaction, Taylor Jason L sold 2,600 shares of BECN for 110.00 per share on Nov 18 ’24. After the transaction, the President, West Division now owns 6,531 company shares. In a previous transaction on Nov 18 ’24, JASON TAYLOR bought 2,600 shares at 98.75 per share.

Among the insiders who bought shares, CLEMENT MUNROE BEST III acquired of 7,037 shares on Nov 08 ’24 at a per-share price of $103.14. In another insider transaction, Best Clement Munroe III sold 7,037 shares at $103.14 per share on Nov 08 ’24. Company shares held by the President, South Division now total 69,449.

Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. In terms of 52-week highs and lows, BECN has a high of $116.30 and a low of $77.54.

As of this writing, BECN has an earnings estimate of $1.65 per share for the current quarter. EPS was calculated based on a consensus of 14.0 estimates, with a high estimate of $1.8 per share and a lower estimate of $1.28.

Balance Sheet Annually/Quarterly

In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its prospects. BECN’s latest balance sheet shows that the firm has $225.80M in Cash & Short Term Investments as of fiscal 2021. There were $2.07B in debt and $1.37B in liabilities at the time. Its Book Value Per Share was $30.66, while its Total Shareholder’s Equity was $2.21B.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for BECN is Buy with a score of 4.29.

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