Beacon Roofing Supply Inc (BECN) concluded trading on Wednesday at a closing price of $117.18, with 6.23 million shares of worth about $730.06 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 14.36% during that period and on January 15, 2025 the price saw a gain of about 7.65%. Currently the company’s common shares owned by public are about 61.90M shares, out of which, 61.43M shares are available for trading.
Stock saw a price change of 14.79% in past 5 days and over the past one month there was a price change of 8.55%. Year-to-date (YTD), BECN shares are showing a performance of 15.36% which increased to 39.68% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $77.54 but also hit the highest price of $116.30 during that period. The average intraday trading volume for Beacon Roofing Supply Inc shares is 666.86K. The stock is currently trading 13.47% above its 20-day simple moving average (SMA20), while that difference is up 11.18% for SMA50 and it goes to 22.22% higher than SMA200.
Beacon Roofing Supply Inc (NASDAQ: BECN) currently have 61.90M outstanding shares and institutions hold larger chunk of about 97.16% of that.
The stock has a current market capitalization of $7.25B and its 3Y-monthly beta is at 1.60. PE ratio of stock for trailing 12 months is 20.04, while it has posted earnings per share of $5.85 in the same period. It has Quick Ratio of 1.14 while making debt-to-equity ratio of 1.95. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for BECN, volatility over the week remained 3.19% while standing at 2.71% over the month.
Analysts are in expectations that Beacon Roofing Supply Inc (BECN) stock would likely to be making an EPS of 1.65 in the current quarter, while forecast for next quarter EPS is 0.41 and it is 8.03 for next year. For the current quarter EPS, analysts have given the company a lowest target 1.28 which is 1.8 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of 1.72 in the same quarter a year ago. Stock’s fiscal year EPS is expected to drop by -10.01% while it is estimated to increase by 11.91% in next year.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Stifel on January 08, 2025 offering a Buy rating for the stock and assigned a target price of $115 to it. Coverage by The Benchmark Company stated Beacon Roofing Supply Inc (BECN) stock as a Buy in their note to investors on April 18, 2024, suggesting a price target of $135 for the stock. Stock get an Overweight rating from JP Morgan on December 14, 2023.
