Roofing

Roofing company Owens Corning (NYSE: OC) is expected to discuss on its third-quarter conference call signs of an improving residential end market, according to Buckingham. The Analyst Buckingham Research Group analyst Megan McGrath upgraded Owens Corning from Neutral to Buy with a price target...

Beacon Roofing Supply, Inc. (NASDAQ: BECN) saw its stock sell off more than 10 percent in reaction to a notable earnings miss in its fiscal second quarter, prompting JPMorgan to send the company to the "penalty box." The Analyst JPMorgan's Michael Rehaut downgraded Beacon...

Beacon Roofing Supply, Inc. (NASDAQ: BECN) reported its fiscal second-quarter earnings Tuesday, which prompted Jefferies to no longer hold a bullish stance on the stock for three key reasons. The Analyst Jefferies' Philip Ng downgraded Beacon Roofing from Buy to Hold with a price target...

Homebuilding stocks were mostly higher Tuesday after Wedbush turned incrementally bullish on three names, despite year-to-date declines: Beacon Roofing Supply, Inc. (NASDAQ: BECN), Beazer Homes USA, Inc. (NYSE: BZH) and LGI Homes Inc (NASDAQ: LGIH). The Analyst Wedbush's Jay...

Beacon Roofing Supply, Inc. (NASDAQ: BECN)'s $2.63 billion acquisition of Allied Building Products Corp. from its parent company CRH PLC (ADR) (NYSE: CRH) prompted some of Wall Street's top analysts to reinforce their bullish outlook. Jefferies: Re-Acceleration Of Earnings Beacon Roofing has a...

The second-quarter Baird roofing survey indicated overall roofing revenues were up low single-digits in the quarter, importantly including mid-single-digit growth in shingles. The survey also suggested nonresidential volume growth was in the low-single-digit range. This bodes well for the upcoming...