General Building Materials Stocks on Investors' Radar -- Builders FirstSource, Owens Corning, Beacon Roofing Supply, and Armstrong World Industries

29 Jul, 2016, 08:00 ET from Chelmsford Park SA

NEW YORK, July 29, 2016 /PRNewswire/ --

In its pre-market research, Stock-Callers.com reviews the highly cyclical and fragmented General Building Materials space. Industry demands are greatly influenced by economic and market conditions, and vary from region to region. Today, we feature four equities to look at their recent performances: Builders FirstSource Inc. (NASDAQ: BLDR), Owens Corning (NYSE: OC), Beacon Roofing Supply Inc. (NASDAQ: BECN), and Armstrong World Industries Inc. (NYSE: AWI). Learn more about these stocks by accessing their free notes at:

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Builders FirstSource  

Dallas, Texas-based Builders FirstSource Inc.'s shares rose 0.08% to finish Thursday's trading session at $13.10. A total volume of 1.87 million shares was traded, which was above their three months average volume of 1.53 million shares. In the last month and the previous three months, the stock has advanced 22.66% and 14.91%, respectively. Additionally, the Company's shares have gained 18.23% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 10.38% and 18.56%, respectively. Moreover, shares of Builders FirstSource, which manufactures and supplies building materials, manufactured components, and construction services to professional contractors, sub-contractors, and consumers in the U.S., have a Relative Strength Index (RSI) of 63.47.

On July 18th, 2016, Builders FirstSource announced that it will hold a conference call and webcast on August 5th, 2016 at 9:00 a.m. Central Time, to discuss the company's Q2 2016 financial results and other business matters. Visit us today and access our complete notes on BLDR at:

http://stock-callers.com/registration/?symbol=BLDR

Owens Corning  

On Thursday, shares in Toledo, Ohio headquartered Owens Corning recorded a trading volume of 1.99 million shares, which was higher than their three months average volume of 1.25 million shares. The stock ended the session 2.71% higher at $54.11. The Company's shares have gained 10.35% in the last one month, 15.41% in the previous three months, and 15.90% on an YTD basis. The stock is trading 4.80% and 14.52% above its 50-day and 200-day moving averages, respectively. Furthermore, shares of Owens Corning, which together with its subsidiaries, produces and sells glass fiber reinforcements and other materials for composites; and residential and commercial building materials worldwide, have an RSI of 54.67.

On July 27th, 2016, Owens Corning reported consolidated net sales of $1.55 billion in Q2 2016, compared to net sales of $1.40 billion in the prior-year period. The company reported net earnings of $138 million, or $1.19 per diluted share, in Q2 2016 compared to net earnings of $91 million, or $0.77 per diluted share, in the same period in 2015.

On July 28th, 2016, research firm Stifel reiterated its 'Buy' rating on the Company's stock with an increase of the target price to $61 a share from $55 a share. The complimentary notes on OC can be accessed at:

http://stock-callers.com/registration/?symbol=OC

Beacon Roofing Supply  

Shares in Herndon, Virginia headquartered Beacon Roofing Supply Inc. closed the day at $47.64, climbing 0.36%. The stock recorded a trading volume of 412,861 shares. The Company's shares have advanced 10.76% in the last one month and 9.90% over the previous three months. The stock is trading 6.53% above its 50-day moving average and 17.06% above its 200-day moving average. Additionally, shares of Beacon Roofing Supply, which together with its subsidiaries, distributes residential and non-residential roofing materials, and other complementary building materials to contractors, home builders, building owners, and other resellers, have an RSI of 57.19.

On July 06th, 2016, research firm Jefferies initiated a 'Hold' rating, issuing a target price of $46 on the Company's stock.

On July 20th, 2016, Beacon Roofing Supply announced that its Q3 2016 earnings results will be released on August 2nd, 2016 after market close and the Company will host a webcast and conference call at 5:00 p.m. ET to review and discuss its financial results. Register for free on Stock-Callers.com and access the latest notes on BECN at:

http://stock-callers.com/registration/?symbol=BECN

Armstrong World Industries  

At the closing bell yesterday, shares in Lancaster, Pennsylvania headquartered Armstrong World Industries Inc. ended 1.18% higher at $41.86. A total volume of 1.09 million shares was traded, which was above their three months average volume of 632,370 shares. The stock has advanced 12.86% in the last one month and 0.70% in the previous three months. The Company's shares are trading above their 50-day moving average by 4.93%. Furthermore, shares of Armstrong World Industries have an RSI of 65.59.

On July 07th, 2016, Armstrong World Industries (AWI) announced that it will report its Q2 2016 results on July 29th, 2016 at 11:00 a.m. Eastern time.  On April 1st, 2016, AWI completed the separation of its legacy flooring business that now operates as Armstrong Flooring Inc. (AFI). Beginning in Q2 2016, AFI`s historical results will be reflected in AWI`s Consolidated Financial Statements as a discontinued operation.

On July 12th, 2016, research firm Goldman downgraded the Company's stock rating from 'Neutral' to 'Sell'. Get free access to your notes on AWI at:

http://stock-callers.com/registration/?symbol=AWI

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