Pool (POOL) Forms $146.71 Double Top; Beacon Roofing Supply (BECN) Has 1.38 Sentiment

Beacon Roofing Supply, Inc. (NASDAQ:BECN) Logo

Pool Corporation (POOL) formed double top with $159.91 target or 9.00% above today’s $146.71 share price. Pool Corporation (POOL) has $5.95B valuation. The stock increased 0.85% or $1.23 during the last trading session, reaching $146.71. About 85,876 shares traded. Pool Corporation (NASDAQ:POOL) has risen 20.77% since April 17, 2017 and is uptrending. It has outperformed by 9.22% the S&P500.

Beacon Roofing Supply Inc (BECN) investors sentiment decreased to 1.38 in 2017 Q4. It’s down -0.53, from 1.91 in 2017Q3. The ratio turned negative, as 137 hedge funds increased or started new equity positions, while 99 cut down and sold stock positions in Beacon Roofing Supply Inc. The hedge funds in our database reported: 64.82 million shares, down from 66.46 million shares in 2017Q3. Also, the number of hedge funds holding Beacon Roofing Supply Inc in top ten equity positions increased from 3 to 7 for an increase of 4. Sold All: 22 Reduced: 77 Increased: 74 New Position: 63.

The stock increased 2.32% or $1.18 during the last trading session, reaching $52.05. About 301,690 shares traded. Beacon Roofing Supply, Inc. (BECN) has risen 10.99% since April 17, 2017 and is uptrending. It has underperformed by 0.56% the S&P500.

Ratings analysis reveals 100% of Beacon Roofing Supply’s analysts are positive. Out of 2 Wall Street analysts rating Beacon Roofing Supply, 2 give it “Buy”, 0 “Sell” rating, while 0 recommend “Hold”. The lowest target is $51.0 while the high is $53.0. The stock’s average target of $52 is -0.10% below today’s ($52.05) share price. BECN was included in 2 notes of analysts from November 22, 2016. The stock of Beacon Roofing Supply, Inc. (NASDAQ:BECN) earned “Outperform” rating by RBC Capital Markets on Tuesday, November 22. As per Wednesday, December 7, the company rating was initiated by Seaport Global Securities.

Analysts await Beacon Roofing Supply, Inc. (NASDAQ:BECN) to report earnings on May, 3. They expect $-0.09 EPS, down 125.00% or $0.05 from last year’s $-0.04 per share. After $0.68 actual EPS reported by Beacon Roofing Supply, Inc. for the previous quarter, Wall Street now forecasts -113.24% negative EPS growth.

Beacon Roofing Supply, Inc., together with its subsidiaries, distributes residential and non-residential roofing materials, and other complementary building materials to contractors, home builders, retailers, and building materials suppliers. The company has market cap of $3.54 billion. The companyÂ’s residential roofing products include asphalt shingles, synthetic slates and tiles, clay and concrete tiles, slates, nail base insulations, metal roofing, felts, synthetic underlayment, wood shingles and shakes, nails and fasteners, metal edgings and flashings, prefabricated flashings, ridges and soffit vents, and other accessories. It has a 22.25 P/E ratio. The Company’s non-residential roofing products comprise single-ply roofing, asphalt, metal, modified bitumen, and build-up roofing products; cements and coatings; flat stock and tapered insulations; commercial fasteners; metal edges and flashings; smoke/roof hatches; roofing tools; sheet metal products, including copper, aluminum, and steel; and PVC, thermoplastic olefin, and ethylene propylene diene monomer membrane products.

Dudley & Shanley Llc holds 7.25% of its portfolio in Beacon Roofing Supply, Inc. for 505,950 shares. Spitfire Capital Llc owns 200,503 shares or 5.66% of their US portfolio. Moreover, Daruma Capital Management Llc has 3.56% invested in the company for 895,306 shares. The New York-based Lomas Capital Management Llc has invested 3.05% in the stock. Copper Rock Capital Partners Llc, a Massachusetts-based fund reported 585,439 shares.

Investors sentiment decreased to 0.82 in Q4 2017. Its down 0.54, from 1.36 in 2017Q3. It dived, as 27 investors sold Pool Corporation shares while 117 reduced holdings. 44 funds opened positions while 74 raised stakes. 36.10 million shares or 0.29% less from 36.20 million shares in 2017Q3 were reported. King Luther Capital Corporation owns 28,510 shares for 0.03% of their portfolio. Fcg Advsrs owns 0.09% invested in Pool Corporation (NASDAQ:POOL) for 1,809 shares. Hsbc Plc invested in 5,703 shares. Principal Fincl Grp Inc invested 0.02% in Pool Corporation (NASDAQ:POOL). Parallax Volatility Advisers L P stated it has 10 shares or 0% of all its holdings. Eagle Asset holds 1.12M shares or 0.79% of its portfolio. Timessquare Ltd Com holds 0.47% in Pool Corporation (NASDAQ:POOL) or 553,900 shares. Profund Ltd Company accumulated 4,552 shares. Ls Inv Advsr Limited Liability Company reported 0.02% of its portfolio in Pool Corporation (NASDAQ:POOL). Stone Ridge Asset Management Limited Liability invested 0.09% in Pool Corporation (NASDAQ:POOL). Hl Ltd Com invested in 0.02% or 9,237 shares. Renaissance Ltd Llc holds 0.02% or 155,936 shares. Retirement Of Alabama, a Alabama-based fund reported 115,638 shares. Lombard Odier Asset Management (Switzerland) Sa invested 0.96% of its portfolio in Pool Corporation (NASDAQ:POOL). Sg Americas Securities Lc holds 0.01% or 10,855 shares.

Among 8 analysts covering Pool Corporation (NASDAQ:POOL), 5 have Buy rating, 1 Sell and 2 Hold. Therefore 63% are positive. Pool Corporation has $160.0 highest and $85 lowest target. $148.67’s average target is 1.34% above currents $146.71 stock price. Pool Corporation had 20 analyst reports since July 28, 2015 according to SRatingsIntel. The firm has “Neutral” rating given on Monday, October 12 by Sidoti. The firm has “Sector Weight” rating by KeyBanc Capital Markets given on Friday, August 25. The rating was upgraded by KeyBanc Capital Markets on Tuesday, September 8 to “Overweight”. Robert W. Baird maintained it with “Buy” rating and $125.0 target in Friday, September 15 report. The firm earned “Hold” rating on Tuesday, September 26 by KeyBanc Capital Markets. The stock of Pool Corporation (NASDAQ:POOL) earned “Hold” rating by Stephens on Thursday, February 15. On Friday, July 15 the stock rating was downgraded by Johnson Rice to “Accumulate”. The stock of Pool Corporation (NASDAQ:POOL) has “Outperform” rating given on Tuesday, February 14 by Wedbush. The firm earned “Buy” rating on Monday, July 24 by Johnson Rice. The rating was maintained by Robert W. Baird with “Buy” on Tuesday, October 3.

Pool Corporation (NASDAQ:POOL) Institutional Positions Chart