Goldman Sachs BDC, Inc. (GSBD) Forms $20.80 Double Bottom; Beacon Roofing Supply (BECN)’s Sentiment Is 0.86

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

Beacon Roofing Supply Inc (BECN) investors sentiment decreased to 0.86 in 2018 Q1. It’s down -0.52, from 1.38 in 2017Q4. The ratio is negative, as 107 institutional investors increased and opened new equity positions, while 125 reduced and sold stakes in Beacon Roofing Supply Inc. The institutional investors in our database reported: 63.59 million shares, down from 64.82 million shares in 2017Q4. Also, the number of institutional investors holding Beacon Roofing Supply Inc in top ten equity positions decreased from 7 to 5 for a decrease of 2. Sold All: 36 Reduced: 89 Increased: 71 New Position: 36.

Goldman Sachs BDC, Inc. (GSBD) formed double bottom with $19.97 target or 4.00% below today’s $20.80 share price. Goldman Sachs BDC, Inc. (GSBD) has $835.65 million valuation. The stock increased 1.41% or $0.29 during the last trading session, reaching $20.8. About 158,182 shares traded or 23.48% up from the average. Goldman Sachs BDC, Inc. (NYSE:GSBD) has declined 7.83% since June 7, 2017 and is downtrending. It has underperformed by 20.40% the S&P500. Some Historical GSBD News: ; 02/05/2018 – Cno Financial Group Buys New 1% Position in Goldman Sachs BDC; 03/05/2018 – GOLDMAN SACHS BDC 1Q TOTAL INVESTMENT INCOME $35.5M; 20/03/2018 Investor Expectations to Drive Momentum within Key Energy Services, XOMA, Goldman Sachs BDC, Echo Global Logistics, Ellington R; 03/05/2018 – GOLDMAN SACHS BDC INC – NET INVESTMENT INCOME FOR QUARTER ENDED MARCH 31, 2018 WAS $0.47 PER SHARE; 03/05/2018 – GOLDMAN SACHS BDC INC – NET ASSET VALUE PER SHARE FOR QUARTER ENDED MARCH 31, 2018 WAS $18.10; 03/05/2018 – GOLDMAN SACHS BDC SEEKS HOLDER OK TO CUT ASSET COVERAGE RULE; 04/05/2018 – Report: Exploring Fundamental Drivers Behind Reliance Steel & Aluminum, Goldman Sachs BDC, IBERIABANK, Federal Signal, United T; 03/05/2018 – Goldman Sachs BDC 1Q EPS 46c; 03/05/2018 – Goldman Sachs BDC, Inc. Announces It Will Seek Stockholder Approval to Reduce Its Asset Coverage Requirement to 150% and GSAM to Reduce Base Management Fee from 1.5% to 1.0%, If Approved; 04/05/2018 – S&PGR Places Goldman Sachs BDC Inc. ‘BBB-‘ Rtgs On Watch Neg

Analysts await Goldman Sachs BDC, Inc. (NYSE:GSBD) to report earnings on August, 2. They expect $0.47 earnings per share, down 26.56% or $0.17 from last year’s $0.64 per share. GSBD’s profit will be $18.88M for 11.06 P/E if the $0.47 EPS becomes a reality. After $0.47 actual earnings per share reported by Goldman Sachs BDC, Inc. for the previous quarter, Wall Street now forecasts 0.00% EPS growth.

Among 10 analysts covering Goldman Sachs BDC Inc (NYSE:GSBD), 3 have Buy rating, 1 Sell and 6 Hold. Therefore 30% are positive. Goldman Sachs BDC Inc has $24 highest and $19.50 lowest target. $21.67’s average target is 4.18% above currents $20.8 stock price. Goldman Sachs BDC Inc had 19 analyst reports since August 7, 2015 according to SRatingsIntel. The stock of Goldman Sachs BDC, Inc. (NYSE:GSBD) has “Buy” rating given on Monday, August 10 by SunTrust. The firm has “Market Perform” rating given on Thursday, March 2 by Raymond James. Credit Suisse maintained Goldman Sachs BDC, Inc. (NYSE:GSBD) rating on Wednesday, January 6. Credit Suisse has “Neutral” rating and $19.50 target. The rating was maintained by National Securities on Tuesday, May 23 with “Neutral”. The firm earned “Hold” rating on Friday, January 6 by SunTrust. Raymond James upgraded the shares of GSBD in report on Friday, May 26 to “Outperform” rating. Citigroup maintained Goldman Sachs BDC, Inc. (NYSE:GSBD) rating on Wednesday, October 5. Citigroup has “Buy” rating and $24 target. Goldman Sachs upgraded the shares of GSBD in report on Monday, May 29 to “Outperform” rating. Wells Fargo downgraded the stock to “Market Perform” rating in Wednesday, January 18 report. The company was maintained on Monday, February 26 by Bank of America.

Dudley & Shanley Inc. holds 5.12% of its portfolio in Beacon Roofing Supply, Inc. for 504,250 shares. Spitfire Capital Llc owns 200,503 shares or 5.01% of their US portfolio. Moreover, Glenhill Advisors Llc has 3.45% invested in the company for 569,341 shares. The New York-based Daruma Capital Management Llc has invested 2.93% in the stock. Lomas Capital Management Llc, a New York-based fund reported 330,272 shares.

Since January 1, 0001, it had 2 buys, and 0 selling transactions for $601,743 activity.

Another recent and important Beacon Roofing Supply, Inc. (NASDAQ:BECN) news was published by Benzinga.com which published an article titled: “JPMorgan Sends Beacon Roofing To The ‘Penalty Box’ After Q2 Miss” on May 11, 2018.

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 22.15% above today’s ($42.57) share price. BECN was included in 2 notes of analysts from November 22, 2016. The rating was maintained by RBC Capital Markets with “Outperform” on Tuesday, November 22. On Wednesday, December 7 the stock rating was initiated by Seaport Global Securities with “Buy”.

The stock increased 0.64% or $0.27 during the last trading session, reaching $42.57. About 932,458 shares traded or 4.80% up from the average. Beacon Roofing Supply, Inc. (BECN) has declined 14.29% since June 7, 2017 and is downtrending. It has underperformed by 26.86% the S&P500. Some Historical BECN News: ; 08/05/2018 – Beacon Roofing Supply 2Q Loss $66.7M; 08/05/2018 – Beacon Roofing Supply 2Q Adj Loss/Shr 35c; 01/05/2018 – Beacon Roofing Supply Announces Acquisition Of Minnesota-Based Tri-State Builder’s Supply; 18/04/2018 – Beacon Roofing Supply to Announce Second Quarter 2018 Earnings on May 8, 2018; 20/04/2018 – DJ Beacon Roofing Supply Inc, Inst Holders, 1Q 2018 (BECN); 08/05/2018 – BEACON ROOFING 2Q ADJ LOSS/SHR 35C, EST. LOSS/SHR 9.0C; 12/03/2018 Beacon Roofing at Company Marketing Hosted By Stephens Inc; 03/05/2018 – Investor Expectations to Drive Momentum within Balchem, Beacon Roofing Supply, Rice Midstream Partners LP, LTC Properties, Ubiq; 08/05/2018 – Beacon Roofing Supply 2Q Loss/Shr $1.07; 23/05/2018 – Beacon Roofing Presenting at KeyCorp Conference May 29

Beacon Roofing Supply, Inc. (NASDAQ:BECN) Institutional Positions Chart

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