Beacon Roofing Supply (BECN-Q) Stock Predictions - Stockchase
WATCH LIST
10
Beacon Roofing Supply (BECN-Q)

ON STOCKCHASE SINCE Jun 2012

INDUSTRIAL PRODUCTS

Beacon Roofing Supply

BECN-Q

0 watching          
Join the Discussion

Beacon Roofing Supply (BECN-Q) SAVE Apr, 18, 2019, 10:56 am

38.11 0.22 (0.57%)

About Beacon Roofing Supply (BECN-Q)

Beacon Roofing Supply, Inc. is an American publicly traded company which sells residential and non-residential roofing products, as well as related building products in North America. More at Wikipedia

What the experts are saying about BECN-Q



  • All
  • Filtered
Signal Opinion Expert
HOLD

He has been frustrated with it. While many housing related stocks are suffering given interest rates rising, he thinks that we are still in the very low interest rate environment. He thinks that people worry about changing level of rates, but that would throw off the housing market. His average client is exposed 0.25% to this name.

INDUSTRIAL PRODUCTS
0 0 0 0 0
0 comments

He has been frustrated with it. While many housing related stocks are suffering given interest rates rising, he thinks that we are still in the very low interest rate environment. He thinks that people worry about changing level of rates, but that would throw off the housing market. His average client is exposed 0.25% to this name.

INDUSTRIAL PRODUCTS
0 0 0 0 0
0 comments
Gordon Reid

President, GoodReid Investment ...

Price Price
$34.680
Owned Owned
Yes

HOLD

It's fallen this year. It should do well on the back of robust demand for U.S. housing, and roofs don't last forever and need replacing. He continues to own it. BECN had a rough first quarter due to poor Q1 weather. They're the second-largest roofer in the U.S. Hang with it.

INDUSTRIAL PRODUCTS
0 0 0 0 0
0 comments

It's fallen this year. It should do well on the back of robust demand for U.S. housing, and roofs don't last forever and need replacing. He continues to own it. BECN had a rough first quarter due to poor Q1 weather. They're the second-largest roofer in the U.S. Hang with it.

INDUSTRIAL PRODUCTS
0 0 0 0 0
0 comments
Gordon Reid

President, GoodReid Investment ...

Price Price
$40.260
Owned Owned
Yes

BUY

All the home builders have struggled in reaction to higher interest rates. But these rates are starting from a very low place and won't go very high. 2008 remains fresh in the minds of the Fed, so they are sensitive to the impact of rising rates. New home creation is still below trend in the U.S., so there's a lot of runway here.

INDUSTRIAL PRODUCTS
0 0 0 0 0
0 comments

All the home builders have struggled in reaction to higher interest rates. But these rates are starting from a very low place and won't go very high. 2008 remains fresh in the minds of the Fed, so they are sensitive to the impact of rising rates. New home creation is still below trend in the U.S., so there's a lot of runway here.

INDUSTRIAL PRODUCTS
0 0 0 0 0
0 comments
Gordon Reid

President, GoodReid Investment ...

Price Price
$54.080
Owned Owned
Yes

COMMENT
Beacon Roofing Supply(BECN-Q) 

September 7, 2016

He likes this company. They are 2nd in terms of the roofing business, to a private company. 60% of homes in the US were built before 1980, and it is just a matter of time before they have to spend to redo their roofs. A little lumpy in terms of its results. A lot of that has to do with weather. He believes there is more growth to come.

INDUSTRIAL PRODUCTS
0 0 0 0 0
0 comments

He likes this company. They are 2nd in terms of the roofing business, to a private company. 60% of homes in the US were built before 1980, and it is just a matter of time before they have to spend to redo their roofs. A little lumpy in terms of its results. A lot of that has to do with weather. He believes there is more growth to come.

INDUSTRIAL PRODUCTS
0 0 0 0 0
0 comments
Gordon Reid

President, GoodReid Investment ...

Price Price
$44.460
Owned Owned
Yes

BUY on WEAKNESS

2nd largest roofer in the US. A play on new homes, but also a play on the replacement market. 60% of US homes were built prior to 1990. This has had volatility over the years. Wait for an entry that is a little more attractive.

INDUSTRIAL PRODUCTS
0 0 0 0 0
0 comments

2nd largest roofer in the US. A play on new homes, but also a play on the replacement market. 60% of US homes were built prior to 1990. This has had volatility over the years. Wait for an entry that is a little more attractive.

INDUSTRIAL PRODUCTS
0 0 0 0 0
0 comments
Gordon Reid

President, GoodReid Investment ...

Price Price
$40.430
Owned Owned
Yes

BUY
Beacon Roofing Supply(BECN-Q) 

February 17, 2016

Tends to be volatile, but over time has done quite well. The 2nd largest roofer in the US. There is new construction in the US, which has been somewhat sluggish, but there is also the replacement market. 60% of homes in the US were built before 1980, so they all need new roofs. This is a high beta stock. Still likes the company and the story.

INDUSTRIAL PRODUCTS
0 0 0 0 0
0 comments

Tends to be volatile, but over time has done quite well. The 2nd largest roofer in the US. There is new construction in the US, which has been somewhat sluggish, but there is also the replacement market. 60% of homes in the US were built before 1980, so they all need new roofs. This is a high beta stock. Still likes the company and the story.

INDUSTRIAL PRODUCTS
0 0 0 0 0
0 comments
Gordon Reid

President, GoodReid Investment ...

Price Price
$34.350
Owned Owned
Yes

BUY

It is a play on the US housing market: new homes and home repair.  You can’t avoid a new roof.  They are the second largest roofing company in the US.  The metrics are very positive. 

INDUSTRIAL PRODUCTS
0 0 0 0 0
0 comments

It is a play on the US housing market: new homes and home repair.  You can’t avoid a new roof.  They are the second largest roofing company in the US.  The metrics are very positive. 

INDUSTRIAL PRODUCTS
0 0 0 0 0
0 comments
Gordon Reid

President, GoodReid Investment ...

Price Price
$37.670
Owned Owned
Yes

PAST TOP PICK
Beacon Roofing Supply(BECN-Q) 

November 27, 2015

(A Top Pick Nov 24/14. Up 48.59%) Housing starts are starting to get some traction. This is the 2nd largest US roofer. Also, replacement of existing roofs is a big deal. 60% of US homes were built before 1980, so they are now 35 years old and need roofs.

INDUSTRIAL PRODUCTS
0 0 0 0 0
0 comments

(A Top Pick Nov 24/14. Up 48.59%) Housing starts are starting to get some traction. This is the 2nd largest US roofer. Also, replacement of existing roofs is a big deal. 60% of US homes were built before 1980, so they are now 35 years old and need roofs.

INDUSTRIAL PRODUCTS
0 0 0 0 0
0 comments
Gordon Reid

President, GoodReid Investment ...

Price Price
$43.160
Owned Owned
Yes

TOP PICK
Beacon Roofing Supply(BECN-Q) 

November 24, 2014

2nd largest roofing company in North America. Analysis shows that roofing growth is going to be about 6% per year, over the next number of years. 60% of US homes were built prior to 1980, and if your roof needs replacing, you can only put it off for so long. Trading at a reasonable multiple.

INDUSTRIAL PRODUCTS
0 0 0 0 0
0 comments

2nd largest roofing company in North America. Analysis shows that roofing growth is going to be about 6% per year, over the next number of years. 60% of US homes were built prior to 1980, and if your roof needs replacing, you can only put it off for so long. Trading at a reasonable multiple.

INDUSTRIAL PRODUCTS
0 0 0 0 0
0 comments
Gordon Reid

President, GoodReid Investment ...

Price Price
$29.100
Owned Owned
Yes

TOP PICK
Although roofing might seem counter intuitive to have roofing when housing starts are low, but there is also re-roofing where roofs have to be replaced. Thinks the stock can grow 15%-20% off current levels.
INDUSTRIAL PRODUCTS
0 0 0 0 0
0 comments
Although roofing might seem counter intuitive to have roofing when housing starts are low, but there is also re-roofing where roofs have to be replaced. Thinks the stock can grow 15%-20% off current levels.
INDUSTRIAL PRODUCTS
0 0 0 0 0
0 comments
Gordon Reid

President, GoodReid Investment ...

Price Price
$26.180
Owned Owned
Yes

Showing 1 to 10 of 10 entries
Successfully Saved Company
Successfully Saved Company
4+
JOIN THE DISCUSSION
4 comments in the last 7 days