Beacon Roofing Supply, Inc. (BECN) Analysts See $0.95 EPS; Loews Lifted By $8.59 Million Its Goldcorp (GG) Stake

November 3, 2017 - By wolcottdaily

Analysts expect Beacon Roofing Supply, Inc. (NASDAQ:BECN) to report $0.95 EPS on November, 20.They anticipate $0.07 EPS change or 7.95% from last quarter’s $0.88 EPS. BECN’s profit would be $63.33 million giving it 14.41 P/E if the $0.95 EPS is correct. After having $0.84 EPS previously, Beacon Roofing Supply, Inc.’s analysts see 13.10% EPS growth. About 83,010 shares traded. Beacon Roofing Supply, Inc. (NASDAQ:BECN) has risen 17.34% since November 3, 2016 and is uptrending. It has outperformed by 0.64% the S&P500.

Loews Corp increased Goldcorp Inc (GG) stake by 716.21% reported in 2017Q2 SEC filing. Loews Corp acquired 716,210 shares as Goldcorp Inc (GG)’s stock declined 20.41%. The Loews Corp holds 816,210 shares with $10.54M value, up from 100,000 last quarter. Goldcorp Inc now has $11.27B valuation. The stock declined 0.61% or $0.08 reaching $12.99 on the news. About 2.78M shares traded. Goldcorp Inc. (USA) (NYSE:GG) has declined 19.95% since November 3, 2016 and is downtrending. It has underperformed by 36.65% the S&P500.

Among 19 analysts covering Goldcorp Inc. (NYSE:GG), 8 have Buy rating, 0 Sell and 11 Hold. Therefore 42% are positive. Goldcorp Inc. had 52 analyst reports since July 24, 2015 according to SRatingsIntel. TD Securities maintained Goldcorp Inc. (USA) (NYSE:GG) on Thursday, October 26 with “Buy” rating. Citigroup initiated the stock with “Neutral” rating in Tuesday, August 2 report. The stock of Goldcorp Inc. (USA) (NYSE:GG) has “Outperform” rating given on Thursday, September 8 by National Bank Canada. Credit Suisse downgraded it to “Neutral” rating and $14 target in Wednesday, January 13 report. The firm has “Sector Perform” rating by National Bank Canada given on Monday, July 24. Goldman Sachs downgraded the stock to “Neutral” rating in Wednesday, May 11 report. The company was downgraded on Friday, February 26 by Deutsche Bank. Raymond James maintained the shares of GG in report on Thursday, June 15 with “Market Perform” rating. RBC Capital Markets maintained it with “Hold” rating and $15.0 target in Monday, October 23 report. The stock of Goldcorp Inc. (USA) (NYSE:GG) has “Hold” rating given on Thursday, July 14 by Jefferies.

Loews Corp decreased Hertz Global Holdings Inc stake by 129,700 shares to 1.15 million valued at $13.23 million in 2017Q2. It also reduced Kinross Gold Corp (NYSE:KGC) stake by 478,240 shares and now owns 1.11M shares. Class A was reduced too.

Beacon Roofing Supply, Inc. is engaged in the distribution of residential and non-residential roofing materials in the United States and Canada. The company has market cap of $3.65 billion. It also distributes complementary building products for residential and non-residential building exteriors. It has a 32.47 P/E ratio. The Company’s product portfolio includes residential roofing products, non-residential roofing products and complementary building products.

Investors sentiment increased to 0.99 in Q2 2017. Its up 0.17, from 0.82 in 2017Q1. It improved, as 19 investors sold Beacon Roofing Supply, Inc. shares while 68 reduced holdings. 17 funds opened positions while 69 raised stakes. 59.31 million shares or 0.98% less from 59.89 million shares in 2017Q1 were reported. Dimensional Fund Advisors Limited Partnership has 2.41 million shares. Royal Savings Bank Of Canada holds 0.03% or 1.10 million shares in its portfolio. Wells Fargo & Mn holds 0.01% or 661,687 shares in its portfolio. Moreover, Invesco has 0% invested in Beacon Roofing Supply, Inc. (NASDAQ:BECN) for 65,819 shares. Great West Life Assurance Can has 5,687 shares. Bnp Paribas Asset Mngmt Sa stated it has 0.09% of its portfolio in Beacon Roofing Supply, Inc. (NASDAQ:BECN). Sterling Cap Management Ltd Limited Liability Company stated it has 0.02% in Beacon Roofing Supply, Inc. (NASDAQ:BECN). Us Bank De, Minnesota-based fund reported 34,922 shares. Brown Advisory Incorporated owns 0% invested in Beacon Roofing Supply, Inc. (NASDAQ:BECN) for 8,749 shares. Greenwood Cap Assoc Ltd Liability Corp stated it has 0.06% of its portfolio in Beacon Roofing Supply, Inc. (NASDAQ:BECN). Elk Creek Ltd Liability accumulated 339,074 shares. Credit Suisse Ag has 487,634 shares. Jennison Associate Llc has invested 0.01% in Beacon Roofing Supply, Inc. (NASDAQ:BECN). Rothschild Asset Mgmt owns 508,564 shares for 0.28% of their portfolio. Ironwood Invest Mngmt Ltd Llc holds 28,737 shares or 1.02% of its portfolio.