Back to top

Image: Bigstock

Beacon Roofing Supply, Inc.

Read MoreHide Full Article

Beacon Roofing is witnessing strong sales growth within the three product lines and across almost all geographies. The momentum is expected to continue in fiscal 2018. Beacon Roofing is also expected to benefit from the rebuilding activity triggered by the two back-to-back hurricanes. The company is also striving to improve margins by managing costs. In fiscal 2017, the company completed five acquisitions that bring attractive margins. These buyouts are likely to improve its geographic penetration and product portfolios across the United States. Also, Beacon Roofing's pending acquisition of Allied Building Products will catapult it to one of the largest public wholesale building materials distributors in North America. The company has outperformed the industry in a year.


In-Depth Zacks Research for the Tickers Above


Normally $25 each - click below to receive one report FREE:


Beacon Roofing Supply, Inc. (BECN) - free report >>

Published in