Why Is No One Talking About Beacon Roofing Supply, Inc. (BECN) And Quidel Corporation (QDEL)

5 analysts out of 18 Wall Street brokerage firms rate Beacon Roofing Supply, Inc. (NASDAQ:BECN) as a Buy, while 0 see it as a Sell. The rest 13 describe it as a Hold. BECN stock traded higher to an intra-day high of $33.84. At one point in session, its potential discontinued and the price was down to lows at $33.27. Analysts have set BECN’s consensus price at $38, effectively giving it a 12.89% projection on returns. Should the projected estimates be met, then the stock will likely hit its highest price at $45 (up 33.69% from current price levels). BECN has a 0.3% ROE, lower than the 8.24% average for the industry. The average ROE for the sector is 12.95%.

It is expected that in Mar 2019 quarter BECN will have an EPS of $-0.26, suggesting a 25.71% growth. For Jun 2019 is projected at $1.35. It means that there could be a 14.41% growth in the quarter. Yearly earnings are expected to rise by 15.93% to about $3.13. As for the coming year, growth will be about 11.82%, lifting earnings to $3.5. RSI after the last trading period was 36.15. BECN recorded a change of -3.77% over the past week and returned 2.94% over the last three months while the BECN stock’s monthly performance revealed a shift in price of -3.97%. The year to date (YTD) performance stands at 6.12%, and the bi-yearly performance specified an activity trend of -18.18% while the shares have moved -40.04% for the past 12 months.

Beacon Roofing Supply, Inc. (BECN) currently trades at $33.66, which is higher by 0.18% its previous price. It has a total of 69.18 million outstanding shares, with an ATR of around 1.09. The company’s stock volume dropped to 0.64 million, worse than 850.35 thousands that represents its 50-day average. A 5-day decrease of about -3.77% in its price means BECN is now 6.12% higher on year-to-date. The shares have surrendered $43369.34 since its $56.96 52-week high price recorded on 14th of March 2018. Overall, it has seen a growth rate of -40.04 over the last 12 months. The current price per share is $8.69 above the 52 week low of $24.97 set on 30th of October 2018.

Beacon Roofing Supply, Inc. (NASDAQ:BECN)’s EPS was $0.6 as reported for the December quarter. In comparison, the same quarter a year ago had an EPS of $0.68. That means that its growth in general now stands at -12%. Therefore, a prediction of $0.55 given by the analysts brought a positive surprise of 9%. BECN Dec 19 quarter revenue was $1.72 billion, compared to $1.12 billion recorded in same quarter last year, giving it a 53% growth rate. The company’s $0.6 billion revenue growth that quarter surprised Wall Street and investors will need to consider this as they assess the stock.

Quidel Corporation (NASDAQ:QDEL) shares appreciated 0.36% over the last trading period, taking overall 5-day performance up to 2.5%. QDEL’s price now at $66.84 is greater than the 50-day average of $58.93. Getting the trading period increased to 200 days, the stock price was seen at $63.52 on average. The general public currently hold control of a total of 34.51 million shares, which is the number publicly available for trading. The total of shares that it has issued to investors is 39.33 million. The company’s management holds a total of 1.3%, while institutional investors hold about 92.4% of the remaining shares. QDEL share price finished last trade 1.41% above its 20 day simple moving average and its upbeat gap from 200 day simple moving average is 5.26%, while closing the session with 14.16% distance from 50 day simple moving average.

Quidel Corporation (QDEL) shares were last observed trading -13.9% down since August 31, 2018 when the peak of $77.63 was hit. Last month’s price growth of 10.02% puts QDEL performance for the year now at 36.91%. Consequently, the shares price is trending higher by 50.98%, a 52-week worst price since Dec. 24, 2018. However, it is losing value with -6.83% in the last 6 months. From a technical perspective, it appears more likely that the stock will experience a Bull Run market as a result of the strong support seen recently between $65.85 and $66.34. The immediate resistance area is now $67.63 Williams’s %R (14) for QDEL moved to 40.93 while the stochastic %K points at 47.31.

QDEL’s beta is 1.37; meaning investors could reap higher returns, although it also poses higher risks. The company allocated $1.74 per share from its yearly profit to its outstanding shares. Its last reported revenue is $132.59 million, which was 15% versus $114.89 million in the corresponding quarter last year. The EPS for Dec 19 quarter came in at $0.8 compared to $0.23 in the year-ago quarter and had represented 248% year-over-year earnings per share growth. QDEL’s ROA is 9.2%, higher than the 1.38% industry average. Although a more robust percentage would be better, consideration is given to how well peers within the industry performed. Companies within the sector had an ROA of 10.6%.

Estimated quarterly earnings for Quidel Corporation (NASDAQ:QDEL) are around $1.01 per share in three months through March with $0.35 also the estimate for June quarter of the fiscal year. It means the growth is estimated at -17.89% and 20.69%, respectively. Analysts estimate full-year growth to be -1.77%, the target being $2.77 a share. The upcoming year will see an increase in growth by percentage to 21.66%, more likely to see it hit the $3.37 per share. The firm’s current profit margin over the past 12 months is 14.2%. QDEL ranks higher in comparison to an average of -1.94% for industry peers; while the average for the sector is 1.56%.