Beacon Roofing Supply Inc (BECN) stock hits $122.43: Is it a good time to buy or wait for a dip?

Beacon Roofing Supply Inc [BECN] stock prices are down -0.98% to $122.43 at the moment. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The BECN shares have lost -1.12% over the last week, with a monthly amount glided 9.28%, and 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 April 02, 2025, when RBC Capital Mkts downgraded its rating to a Sector Perform. Previously, Stifel downgraded its rating to Hold on February 07, 2025, and dropped its price target to $122.55. The Benchmark Company started tracking the stock assigning a Buy rating and suggested a price target of $135 on April 18, 2024. Robert W. Baird upgraded its rating to a Outperform and raised its price target to $115 on February 29, 2024. William Blair upgraded its rating to Outperform for this stock on January 08, 2024. In a note dated December 14, 2023, JP Morgan upgraded an Overweight rating on this stock and boosted its target price from $86 to $103.

The stock price of Beacon Roofing Supply Inc [BECN] has been fluctuating between $77.54 and $123.90 over the past year. Currently, Wall Street analysts expect the stock to reach $125.5 within the next 12 months. Beacon Roofing Supply Inc [NASDAQ: BECN] shares were valued at $122.43 at the most recent close of the market. An investor can expect a potential return of 2.51% 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 121.65 points at the first support level, and at 120.86 for the second support level. However, for the 1st resistance point, the stock is sitting at 123.40, and for the 2nd resistance point, it is at 124.37.

Ratios To Look Out For

It’s worth pointing out that Beacon Roofing Supply Inc [NASDAQ:BECN]’s Current Ratio is 1.97. Also, the Quick Ratio is 1.10, while the Cash Ratio stands at 0.05. Considering the valuation of this stock, the price to sales ratio is 0.77, the price to book ratio is 3.78 and price to earnings (TTM) ratio is 21.47.

Transactions by insiders

Recent insider trading involved CLEMENT BEST, Officer, that happened on Apr 04 ’25 when 29724.0 shares were purchased. Officer, SEAN MCDEVITT completed a deal on Apr 04 ’25 to buy 5882.0 shares. Meanwhile, Former officer JAMES JAKE GOSA bought 33797.0 shares on Apr 04 ’25.

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