Beacon Roofing Supply Inc (NASDAQ: BECN) has a higher price-to-earnings ratio of 17.73x compared to its average ratio, The 36-month beta value for BECN is at 1.61. Analysts have varying views on the stock, with 5 analysts rating it as a “buy,” 5 rating it as “overweight,” 5 as “hold,” and 0 as “sell.”
The public float for BECN is 61.43M, and currently, shorts hold a 1.84% of that float. The average trading volume for BECN on January 09, 2025 was 675.79K shares.
BECN) stock’s latest price update
The stock of Beacon Roofing Supply Inc (NASDAQ: BECN) has increased by 1.57 when compared to last closing price of 102.08.Despite this, the company has seen a gain of 2.07% in its stock price over the last five trading days. zacks.com reported 2025-01-07 that BECN expands with new acquisitions and greenfield branch openings, advancing toward the full potential of its Ambition 2025 goals.
BECN’s Market Performance
BECN’s stock has risen by 2.07% in the past week, with a monthly drop of -7.07% and a quarterly rise of 8.95%. The volatility ratio for the week is 3.03% while the volatility levels for the last 30 days are 2.54% for Beacon Roofing Supply Inc The simple moving average for the last 20 days is 0.47% for BECN’s stock, with a simple moving average of 8.43% for the last 200 days.
Analysts’ Opinion of BECN
Many brokerage firms have already submitted their reports for BECN stocks, with Stifel repeating the rating for BECN by listing it as a “Buy.” The predicted price for BECN in the upcoming period, according to Stifel is $115 based on the research report published on January 08, 2025 of the current year 2025.
The Benchmark Company, on the other hand, stated in their research note that they expect to see BECN reach a price target of $135. The rating they have provided for BECN stocks is “Buy” according to the report published on April 18th, 2024.
Robert W. Baird gave a rating of “Outperform” to BECN, setting the target price at $115 in the report published on February 29th of the previous year.
BECN Trading at -0.53% from the 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, the company was unable to rebound, for now settling with -10.85% of loss for the given period.
Volatility was left at 2.54%, however, over the last 30 days, the volatility rate increased by 3.03%, as shares sank -5.60% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +11.05% upper at present.
During the last 5 trading sessions, BECN rose by +2.07%, which changed the moving average for the period of 200-days by +8.93% in comparison to the 20-day moving average, which settled at $103.19. In addition, Beacon Roofing Supply Inc saw 2.07% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at BECN starting from Taylor Jason L, who sale 2,600 shares at the price of $110.00 back on Nov 18 ’24. After this action, Taylor Jason L now owns 6,531 shares of Beacon Roofing Supply Inc, valued at $286,000 using the latest closing price.
JASON TAYLOR, the Officer of Beacon Roofing Supply Inc, proposed sale 2,600 shares at $98.75 during a trade that took place back on Nov 18 ’24, which means that JASON TAYLOR is holding shares at $256,750 based on the most recent closing price.
Stock Fundamentals for BECN
Current profitability levels for the company are sitting at:
- 0.07 for the present operating margin
- 0.26 for the gross margin
The net margin for Beacon Roofing Supply Inc stands at -0.02. The total capital return value is set at 0.1. Equity return is now at value 20.46, with 5.34 for asset returns.
Based on Beacon Roofing Supply Inc (BECN), the company’s capital structure generated 0.6 points at debt to capital in total, while cash flow to debt ratio is standing at 0.11.
Currently, EBITDA for the company is 895.8 million with net debt to EBITDA at 5.03. When we switch over and look at the enterprise to sales, we see a ratio of 1.41. The receivables turnover for the company is 4.23for trailing twelve months and the total asset turnover is 1.0. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.91.
Conclusion
In conclusion, Beacon Roofing Supply Inc (BECN) has had a better performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
