1. As of noon trading, Beacon Roofing Supply ( BECN) is down $0.35 (-0.9%) to $38.25 on light volume Thus far, 80,996 shares of Beacon Roofing Supply exchanged hands as compared to its average daily volume of 410,300 shares. The stock has ranged in price between $38.16-$38.76 after having opened the day at $38.76 as compared to the previous trading day's close of $38.60.

Beacon Roofing Supply, Inc. distributes residential and non-residential roofing materials to contractors, home builders, building owners, and other resellers. Beacon Roofing Supply has a market cap of $1.9 billion and is part of the services sector. The company has a P/E ratio of 24.8, above the S&P 500 P/E ratio of 17.7. Shares are up 16.0% year to date as of the close of trading on Wednesday. Currently there are 3 analysts that rate Beacon Roofing Supply a buy, no analysts rate it a sell, and 8 rate it a hold.

TheStreet Ratings rates Beacon Roofing Supply as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, revenue growth, reasonable valuation levels and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full Beacon Roofing Supply Ratings Report now.

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A reminder about TheStreet Ratings group: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.
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