Beacon Roofing Supply, Inc. (BECN)
Distributor of residential and non-residential roofing materials in the United States and Canada. The company also distributes other building materials, including siding, windows, lumber products and waterproofing systems, for building exteriors.
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eps acceleration&growth / value / recent price strength (4w)
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I think the biggest factor in sales for roofing will be similar to autos for a while - repair what you got. All those "distressed" houses will soon be coming on the market also, and many will need repairs. I almost totally discount the new housing market as a factor for 6-9 months in this stock
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I am amazed by how this horrible little stock mocks me with my biggest active CAPS POINT LOSS.
Why isn't BECN a $5 stock yet.... dive you pig dive.
BECN has too much debt, too little demand, falling earnings, rising accounts receivable (that must be questionable given the state of the construction industry).
DIVE YOU PIG DIVE!
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Declining sales, narrowing margins, and lots of debt. AR is increasing disproportionately to NI. But what's worse, is that management keeps "hyping" the stocks with statements about increased demand for their roofs.
They had a recent earnings quarter that exceeded expectations, but this was primarily attributed to the pass-through of manufacturer price increases in residential shingles, and re-roofing in storm affected areas.
A tightening cash position coupled with mounting debt will prove fatal in an environment where building materials won't be needed on the same scale for at least a couple more years.
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12/2/08, 10:00 AM Still too high a P/E in this environment. No moat.
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High costs of oil get into their profits. They are a roofing supply company that uses oil for the petroleum based roofing products. In debt and just had a losing quarter.
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Not the hottest sector at the moment. The stock also seems to be reversing off a peak. Look for a 25%+ drop in the coming weeks/months.
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Buildings need maintenance too, it's not entirely tied to new construction.
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a leading supplier of roofing products
which is a maintanance issue for houses
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Unfair lumping-together with the rest of the housing malaise...
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Strong insider buying at a reasonable price.
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A roll-up strategy... just look at POOL!
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Overvalued

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