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:
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:
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:
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:
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:
Stock Callers (SC) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. SC has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.
SC has not been compensated; directly or indirectly; for producing or publishing this document.
PRESS RELEASE PROCEDURES:
The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email firstname.lastname@example.org. Rohit Tuli, a CFA® charterholder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by SC. SC is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.
SC, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. SC, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, SC, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.
NOT AN OFFERING
This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither SC nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit
CONTACT For any questions, inquiries, or comments reach out to us directly. If you're a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at: Email: email@example.com Phone number: +44-330-808-3765 Office Address: Clyde Offices, Second Floor, 48 West George Street, Glasgow, U.K. -G2 1BP
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
SOURCE Chelmsford Park SA