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Beacon Roofing Supply (BECN)
NASDAQ:BECN
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BECN Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$68.50 - $105.42
Previous Close$85.03
Volume97.83K
Average Volume (3M)765.83K
Market Cap
$5.21B
Enterprise Value$8.89B
Total Cash (Recent Filing)$76.60M
Total Debt (Recent Filing)$3.70B
Price to Earnings (P/E)―
Beta1.05
Next Earnings
Oct 31, 2024EPS Estimate
$2.86Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.61
Shares Outstanding61,871,374
10 Day Avg. Volume656,769
30 Day Avg. Volume765,826
Standard Deviation0.12
R-Squared0.47
Alpha0.00565
Financial Highlights & Ratios
Price to Book (P/B)3.03
Price to Sales (P/S)0.56
Price to Cash Flow (P/CF)-27.40
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue0.94
Enterprise Value/Gross Profit3.79
Enterprise Value/Ebitda17.08
Forecast
1Y Price Target
$113.00Price Target Upside34.11% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering7
Beacon Roofing Supply News
PremiumPre-Earnings
Is BECN a Buy, Before Earnings?Bulls Say, Bears Say
Bulls Say
IndicatorsIndicators such as storm activity and pricing are positive; a favorable setup for BECN is still seen.
Market ConditionsRate cuts should also be a positive, driving some recovery in existing home sales and residential new construction.
ValuationEven at the low end of the guidance, valuation appears undemanding.
Bears Say
EarningsBECN reported disappointing 2Q24 results and lowered full-year guidance.
Market ConditionsHistorically, August price increases have been challenging for BECN/the industry to realize.
Operational PerformanceGross margin and SG&A both missed expectations.
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Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
BECN FAQ
What was Beacon Roofing Supply’s price range in the past 12 months?
Beacon Roofing Supply lowest stock price was $68.50 and its highest was $105.42 in the past 12 months.
What is Beacon Roofing Supply’s market cap?
Currently, no data Available
When is Beacon Roofing Supply’s upcoming earnings report date?
Beacon Roofing Supply’s upcoming earnings report date is Oct 31, 2024 which is in 37 days.
How were Beacon Roofing Supply’s earnings last quarter?
Beacon Roofing Supply released its earnings results on Aug 01, 2024. The company reported $2.322 earnings per share for the quarter, missing the consensus estimate of $2.788 by -$0.466.
Is Beacon Roofing Supply overvalued?
According to Wall Street analysts Beacon Roofing Supply’s price is currently Undervalued.
Does Beacon Roofing Supply pay dividends?
Beacon Roofing Supply does not currently pay dividends.
What is Beacon Roofing Supply’s EPS estimate?
Beacon Roofing Supply’s EPS estimate is $2.86.
How many shares outstanding does Beacon Roofing Supply have?
Beacon Roofing Supply has 61,871,372 shares outstanding.
What happened to Beacon Roofing Supply’s price movement after its last earnings report?
Beacon Roofing Supply reported an EPS of $2.322 in its last earnings report, missing expectations of $2.788. Following the earnings report the stock price went down -13.097%.
Which hedge fund is a major shareholder of Beacon Roofing Supply?
Among the largest hedge funds holding Beacon Roofing Supply’s share is Fisher Asset Management LLC. It holds Beacon Roofing Supply’s shares valued at 90M.
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Beacon Roofing Supply Stock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$113.00 (34.11% Upside)
$113.00 (34.11% Upside)
Blogger Sentiment
Bullish
BECN Sentiment 100%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Increased
By 666.6K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Bought Shares
Worth $411.4K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 6.0%
Last 30 Days ▲ 8.1%
Last 30 Days ▲ 8.1%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
11.83%
12-Months-Change
Fundamentals
Return on Equity
18.28%
Trailing 12-Months
Asset Growth
12.87%
Trailing 12-Months
Company Description
Beacon Roofing Supply
Beacon Roofing Supply, Inc. engages in the distribution of residential and non-residential roofing materials. It also distributes complementary building products including siding, windows, specialty exterior building products, insulation, and waterproofing systems for building exteriors. The company was founded on August 22, 1997 and is headquartered in Herndon, VA.
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BECN Company Deck
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BECN Earnings Call
Q2 2024
0:00 / 0:00
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BECN Stock 12 Month Forecast
Average Price Target
$113.00
▲(34.11% Upside)
Technical Analysis
Best Analysts Covering BECN
1 Year
1 Year Success Rate
16/20 ratings generated profit
1 Year Average Return
+23.25%
assigned a buy rating 2 months ago
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