Beacon Roofing Supply, Inc. (NASDAQ:BECN) went up by 1.10% from its latest closing price when compared to the 1-year high value of $36.78 and move down -8.53%, while BECN stocks collected 6.84% of gains with the last five trading sessions. Press Release reported on 08/17/20 that Beacon Honors Military Veterans, Kicks Off Annual Nationwide Beacon of Hope Contest
Beacon Roofing Supply, Inc. (NASDAQ:BECN) Worth an Investment?
Beacon Roofing Supply, Inc. (NASDAQ: BECN) The 36 Months beta value for BECN stocks is at 1.92, while 4 of the analysts out of 17 who provided ratings for Beacon Roofing Supply, Inc. stocks as a “buy” while 0 as overweight, 11 rated it as hold and 2 as sell. The average price we get from analysts is $33.08 which is $0.11 above current price. BECN currently has a short float of 6.26% and public float of 54.64M with average trading volume of 499.37K shares.
BECN Market Performance
BECN stocks went up by 6.84% for the week, with the monthly jump of 8.76% and a quarterly performance of 31.20%, while its annual performance rate touched 6.30%. The simple moving average for the period of the last 20 days is 6.57% for BECN stocks with the simple moving average of 23.44% for the last 200 days.
Analysts’ Opinion on Beacon Roofing Supply, Inc. (NASDAQ:BECN)
Many brokerage firms have already submitted their reports for BECN stocks, with Stephens repeating the rating for BECN shares by setting it to “Equal-Weight”. The predicted price for BECN socks in the upcoming period according to Stephens is $36 based on the research report published on August 11, 2020.
Northcoast, on the other hand, stated in their research note that they expect to see BECN stock at the price of $36. The rating they have provided for BECN stocks is “Buy” according to the report published on July 17, 2020.
Northcoast gave “ Neutral” rating to BECN stocks, setting the target price at $36 in the report published on April 13, 2020.
BECN Stocks 16.06% Far from 50 Day Moving Average
After a stumble in the market that brought BECN to its low price for the period of the last 52 weeks, Beacon Roofing Supply, Inc. was unable to take a rebound, for now settling with -7.86% of loss for the given period.
The stock volatility was left at 4.27%, however, within the period of a single month, the volatility rate increased by 4.06%, while the shares surge at the distance of +7.08% for the moving average in the last 20 days. In oppose to the moving average for the last 50 days, trading by +23.78% upper at the present time.
In the course of the last 5 trading sessions, BECN went up by +6.84%, which changed the moving average for the period of 200 days to the total of -0.41% of losses for the stock in comparison to the 20-day moving average settled at $31.91. In addition, Beacon Roofing Supply, Inc. saw 5.97% in overturn over the period of a single year with a tendency to cut further gains.
BECN Stock Insider Trading
Reports are indicating that there were more than several insider trading activities at Beacon Roofing Supply, Inc. (BECN), starting from Schmitz Thomas David, who sold 3,029 shares at the price of $29.16 back on Jun 05. After this action, Rushing now owns 701 shares of Beacon Roofing Supply, Inc., valued at $88,328 with the latest closing price.
Young Douglas L, the Director of Beacon Roofing Supply, Inc., bought 14,500 shares at the value of $17.18 during a trade that took place back on May 14, which means that Young Douglas L is holding 14,500 shares at the value of $249,138 based on the most recent closing price.
BECN Stock Fundamentals
The current profitability levels are settled at +2.49 for the present operating margin and +20.53 for gross margin. The net margin for Beacon Roofing Supply, Inc. stands at -0.15. Total capital return value is set at 3.62, while invested capital returns managed to touch -0.22. Equity return holds the value -8.40%, with -2.20% for asset returns.
Based on Beacon Roofing Supply, Inc. (BECN), the company’s capital structure generated 114.92 points for debt to equity in total, while total debt to capital is set at the value of 53.47. Total debt to assets is settled at the value of 40.31 with long-term debt to equity ratio rests at 1.12 and long-term debt to capital is 138.54.
The value for Enterprise to Sales is 0.73 with debt to enterprise value settled at 0.50. The receivables turnover for Beacon Roofing Supply, Inc. is 5.77 with the total asset turnover at the value of 1.09. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.75.