Beacon Roofing Supply Inc [BECN] stock prices are up 0.31% to $118.34 at the moment. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The BECN shares have gain 6.52% over the last week, with a monthly amount drifted -0.71%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Beacon Roofing Supply Inc [NASDAQ: BECN] stock has seen the most recent analyst activity on February 07, 2025, when Stifel downgraded its rating to a Hold and also revised its price target to $122.55 from $131. On April 18, 2024, The Benchmark Company initiated with a Buy rating and assigned a price target of $135 on the stock. Robert W. Baird upgraded its rating to a Outperform and increased its price target to $115 on February 29, 2024. William Blair upgraded its rating to a Outperform. JP Morgan upgraded its rating to Overweight for this stock on December 14, 2023, and upped its price target to $103. In a note dated October 05, 2023, RBC Capital Mkts upgraded an Outperform rating on this stock and boosted its target price from $91 to $94.
The stock price of Beacon Roofing Supply Inc [BECN] has been fluctuating between $77.54 and $121.42 over the past year. Currently, Wall Street analysts expect the stock to reach $126 within the next 12 months. Beacon Roofing Supply Inc [NASDAQ: BECN] shares were valued at $118.34 at the most recent close of the market. An investor can expect a potential return of 6.47% based on the average BECN price forecast.
Analyzing the BECN fundamentals
The Beacon Roofing Supply Inc [NASDAQ:BECN] reported sales of 9.76B for trailing twelve months, representing a surge of 4.53%. Gross Profit Margin for this corporation currently stands at 0.26% with Operating Profit Margin at 0.07%, Pretax Profit Margin comes in at 0.05%, and Net Profit Margin reading is 0.04%. To continue investigating profitability, this company’s Return on Assets is posted at 0.05, Equity is 0.19 and Total Capital is 0.13. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.74.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 117.30 points at the first support level, and at 116.26 for the second support level. However, for the 1st resistance point, the stock is sitting at 119.20, and for the 2nd resistance point, it is at 120.07.
Ratios To Look Out For
It’s worth pointing out that Beacon Roofing Supply Inc [NASDAQ:BECN]’s Current Ratio is 1.97. As well, the Quick Ratio is 1.10, while the Cash Ratio is 0.05. Considering the valuation of this stock, the price to sales ratio is 0.75, the price to book ratio is 3.65 and price to earnings (TTM) ratio is 20.75.
Transactions by insiders
Recent insider trading involved Taylor Jason L, President, West Division, that happened on Nov 18 ’24 when 2600.0 shares were sold. Officer, JASON TAYLOR completed a deal on Nov 18 ’24 to buy 2600.0 shares. Meanwhile, Officer CLEMENT MUNROE BEST III bought 7037.0 shares on Nov 08 ’24.
