$0.19 EPS Expected for Bank of Commerce Holdings (BOCH); Beacon Roofing Supply (BECN) Sentiment Is 1.91

January 14, 2018 - By Richard Conner

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 $4.30 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 38.7 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.

Analysts expect Bank of Commerce Holdings (NASDAQ:BOCH) to report $0.19 EPS on January, 19.They anticipate $0.02 EPS change or 11.76% from last quarter’s $0.17 EPS. BOCH’s profit would be $3.09M giving it 15.00 P/E if the $0.19 EPS is correct. After having $0.18 EPS previously, Bank of Commerce Holdings’s analysts see 5.56% EPS growth. The stock decreased 0.44% or $0.05 during the last trading session, reaching $11.4. About 44,062 shares traded or 10.35% up from the average. Bank of Commerce Holdings (NASDAQ:BOCH) has risen 77.60% since January 14, 2017 and is uptrending. It has outperformed by 60.90% the S&P500.

Bank of Commerce Holdings operates as the bank holding firm for Redding Bank of Commerce that provides a range of financial services and products for retail clients and small to medium sized businesses in California. The company has market cap of $185.50 million. The companyÂ’s deposit products include checking, interest bearing checking, savings, certificate of deposit, and money market deposit accounts. It has a 17.3 P/E ratio. The firm also offers commercial loans, commercial real estate loans, residential mortgages, consumer loans, construction loans, term loans, and home equity loans.

Investors sentiment decreased to 1.82 in Q3 2017. Its down 0.91, from 2.73 in 2017Q2. It fall, as 3 investors sold Bank of Commerce Holdings shares while 14 reduced holdings. 13 funds opened positions while 18 raised stakes. 8.26 million shares or 1.19% more from 8.16 million shares in 2017Q2 were reported. Citigroup stated it has 9,557 shares. Deutsche Bancorp Ag holds 27,449 shares or 0% of its portfolio. Int Gru Incorporated accumulated 10,385 shares or 0% of the stock. Royal National Bank & Trust Of Canada reported 1,478 shares. First Mercantile Com stated it has 178,052 shares. Georgia-based Invesco has invested 0% in Bank of Commerce Holdings (NASDAQ:BOCH). First Wilshire Mgmt Inc reported 78,650 shares or 0.26% of all its holdings. Da Davidson & Company invested in 0% or 11,880 shares. Northern Corporation holds 161,469 shares or 0% of its portfolio. Alpine Woods Invsts holds 15,000 shares or 0.01% of its portfolio. Raymond James Assoc has invested 0% of its portfolio in Bank of Commerce Holdings (NASDAQ:BOCH). Bridgeway Cap stated it has 254,281 shares or 0.03% of all its holdings. Panagora Asset reported 0% of its portfolio in Bank of Commerce Holdings (NASDAQ:BOCH). Wellington Gru Ltd Liability Partnership has invested 0% in Bank of Commerce Holdings (NASDAQ:BOCH). Ameritas Invest Prtnrs invested in 0% or 1,360 shares.

The stock increased 1.62% or $1.01 during the last trading session, reaching $63.46. About 653,358 shares traded. Beacon Roofing Supply, Inc. (BECN) has risen 17.34% since January 14, 2017 and is uptrending. It has outperformed by 0.64% the S&P500.

Dudley & Shanley Llc holds 7.93% of its portfolio in Beacon Roofing Supply, Inc. for 701,350 shares. Spitfire Capital Llc owns 215,503 shares or 4.61% of their US portfolio. Moreover, Daruma Capital Management Llc has 3.33% invested in the company for 1.04 million shares. The New York-based Lomas Capital Management Llc has invested 2.5% in the stock. Copper Rock Capital Partners Llc, a Massachusetts-based fund reported 565,143 shares.

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 -18.06% below today’s ($63.46) share price. BECN was included in 2 notes of analysts from November 22, 2016. Seaport Global Securities initiated the stock with “Buy” rating in Wednesday, December 7 report. The stock of Beacon Roofing Supply, Inc. (NASDAQ:BECN) has “Outperform” rating given on Tuesday, November 22 by RBC Capital Markets.

Analysts await Beacon Roofing Supply, Inc. (NASDAQ:BECN) to report earnings on February, 1. They expect $0.53 earnings per share, up 20.45% or $0.09 from last year’s $0.44 per share. BECN’s profit will be $35.90M for 29.93 P/E if the $0.53 EPS becomes a reality. After $0.93 actual earnings per share reported by Beacon Roofing Supply, Inc. for the previous quarter, Wall Street now forecasts -43.01% negative EPS growth.

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