Dusseldorf - Delayed Quote • EUR Beacon Roofing Supply Inc (OWY.DU) Follow Compare 104.00 +1.00 (+0.97%) As of 8:13 AM GMT+1. Market Open. All News Press Releases SEC Filings All SEC Filings Corporate Changes & Voting Matters Periodic Financial Reports Proxy Statements Tender Offer/Acquisition Reports Offering Registrations Is Beacon Roofing Supply, Inc. (NASDAQ:BECN) Trading At A 24% Discount? Key Insights Beacon Roofing Supply's estimated fair value is US$144 based on 2 Stage Free Cash Flow to Equity Current... Beacon price target raised to $136 from $119 at JPMorgan JPMorgan analyst Michael Rehaut raised the firm’s price target on Beacon (BECN) to $136 from $119 and keeps an Overweight rating on the shares. The Wall Street Journal reported that QXO (QXO), a company formed last year by Brad Jacobs designed to acquire building products distribution companies, has made an offer to acquire Beacon, which subsequently closed up 10% on the day, the analyst tells investors in a research note. The firm believes Beacon would represent a “solid foray” for QXO into the Beacon Roofing Stock Surges on Deal Report Shares of Beacon Roofing Supply (BECN) soared 9.9% after The Wall Street Journal reported the company has received an acquisition offer from QXO, a building-products distribution company led by dealmaker Brad Jacobs. QXO makes offer to acquire Beacon Roofing Supply: WSJ Building products distributor QXO Inc. (QXO) has made an offer to acquire Beacon Roofing Supply (BECN), according to Wall Street Journal reports. Market Domination hosts Julie Hyman and Josh Lipton break down this news while eyeing the gains seen in both stocks. To watch more expert insights and analysis on the latest market action, check out more Market Domination here. This post was written by Luke Carberry Mogan. Building-Products Distributor QXO Makes Bid for Beacon Roofing QXO a new player in building-products distribution, has made an offer to acquire Beacon Roofing Supply according to people familiar with the matter. Beacon has a market value of about $6.2 billion, with its share price up around 14% so far this year. Herndon, Va.-based Beacon is the largest publicly-traded distributor of roofing materials and complementary building products in the U.S. and Canada, according to the company’s website. Beacon Enhances eCommerce Platform with Leap CRM Project Management Solution HERNDON, Va., November 18, 2024--Beacon (Nasdaq: BECN) the leading publicly-traded specialty wholesale distributor of roofing, waterproofing and related exterior products announced today a partnership with Leap to integrate their CRM tool with Beacon’s eCommerce platform, Beacon PRO+®. Leap CRM is an end-to-end management software that helps home improvement contractors win and manage every job. This integration allows contractors to purchase Beacon products seamlessly within Leap’s full-service Zacks Industry Outlook The Home Depot, Lowe's, Fastenal, Beacon Roofing Supply and Tecnoglass The Home Depot, Lowe's, Fastenal, Beacon Roofing Supply and Tecnoglass have been highlighted in this Industry Outlook article. 5 Retail Building Products Stocks Set to Thrive Amid Industry Recovery Technological investments, e-commerce growth and the recent interest rate cuts by the central bank are expected to strengthen the growth prospects of the Building Products - Retail industry. HD, LOW, FAST, BECN and TGLS appear well-positioned for growth. Beacon Honors Veterans Day With Announcement of New Roof Recipients HERNDON, Va., November 11, 2024--This Veteran’s Day, Beacon (Nasdaq: BECN) announced the 14 grand-prize winners of its annual Beacon of Hope® program, an initiative aimed at honoring Veterans throughout North America for their service by supporting them with a brand-new roof, free of charge. Together with local roofing companies, Beacon will deliver and facilitate 14 roof replacements for Veteran and Gold Star Family homes, and community buildings serving Veterans. Beacon Roofing Supply Third Quarter 2024 Earnings: EPS Misses Expectations Beacon Roofing Supply ( NASDAQ:BECN ) Third Quarter 2024 Results Key Financial Results Revenue: US$2.77b (up 7.3% from... Earnings To Watch: Boise Cascade (BCC) Reports Q3 Results Tomorrow Building products company Boise Cascade Company (NYSE:BCC) will be reporting earnings tomorrow afternoon. Here’s what you need to know. Beacon Roofing Supply, Inc. Just Missed EPS By 11%: Here's What Analysts Think Will Happen Next As you might know, Beacon Roofing Supply, Inc. ( NASDAQ:BECN ) recently reported its third-quarter numbers. It was not... Beacon Q3 Earnings & Sales Miss, '24 Adjusted EBITDA View Down BECN's third-quarter 2024 results reflect notable non-discretionary repair and re-roofing demand amid high costs and expenses. Is Beacon Roofing Supply, Inc.'s (NASDAQ:BECN) 20% ROE Strong Compared To Its Industry? Many investors are still learning about the various metrics that can be useful when analysing a stock. This article is... Beacon Roofing Supply Inc (BECN) Q3 2024 Earnings Call Highlights: Record Sales and Strategic ... Beacon Roofing Supply Inc (BECN) reports strong digital sales growth and strategic acquisitions, despite facing lower-than-expected market activity. Compared to Estimates, Beacon Roofing (BECN) Q3 Earnings: A Look at Key Metrics While the top- and bottom-line numbers for Beacon Roofing (BECN) give a sense of how the business performed in the quarter ended September 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values. Beacon Roofing Supply (BECN) Q3 Earnings and Revenues Lag Estimates Beacon Roofing (BECN) delivered earnings and revenue surprises of -2.78% and 0.24%, respectively, for the quarter ended September 2024. Do the numbers hold clues to what lies ahead for the stock? Beacon Roofing: Q3 Earnings Snapshot On a per-share basis, the Herndon, Virginia-based company said it had profit of $2.30. Earnings, adjusted for one-time gains and costs, were $2.80 per share. The results fell short of Wall Street expectations. Beacon Roofing Supply’s (NASDAQ:BECN) Q3 Earnings Results: Revenue In Line With Expectations Roofing materials distributor Beacon Roofing Supply (NASDAQ:BECN) met Wall Street’s revenue expectations in Q3 CY2024, with sales up 7.3% year on year to $2.77 billion. Its GAAP profit of $2.30 per share was 10.7% below analysts’ consensus estimates. Beacon Reports Third Quarter 2024 Results HERNDON, Va., October 30, 2024--Beacon (Nasdaq: BECN) (the "Company", "we", "our"), the leading publicly-traded wholesale distributor specializing in roofing, waterproofing, and exterior products, announced results today for the third quarter ended September 30, 2024. Performance Overview Trailing total returns as of 11/26/2024, which may include dividends or other distributions. Benchmark is S&P 500 Return OWY.DU S&P 500 YTD +11.23% +25.53% 1-Year +11.23% +31.32% 3-Year +11.23% +27.35%