Currently, there are 61.90M common shares owned by the public and among those 61.41M shares have been available to trade.
The company’s stock has a 5-day price change of -0.33% and 14.88% over the past three months. BECN shares are trading 17.44% year to date (YTD), with the 12-month market performance up to 40.83% higher. It has a 12-month low price of $77.54 and touched a high of $121.42 over the same period. BECN has an average intraday trading volume of 865.73K shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 0.72%, 7.62%, and 21.72% respectively.
Institutional ownership of Beacon Roofing Supply Inc (NASDAQ: BECN) shares accounts for 97.40% of the company’s 61.90M shares outstanding.
It has a market capitalization of $7.38B and a beta (3y monthly) value of 1.64. The stock’s trailing 12-month PE ratio is 20.40, while the earnings-per-share (ttm) stands at $5.85. The company has a PEG of 5.72 and a Quick Ratio of 1.14 with the debt-to-equity ratio at 1.95. Price movements for the stock have been influenced by the stock’s volatility, which stands at 1.41% over the week and 1.62% over the month.
Earnings per share for the fiscal year are expected to decrease by -10.16%, and 11.60% over the next financial year.
Looking at the support for the BECN, a number of firms have released research notes about the stock. Stifel stated their Hold rating for the stock in a research note on February 07, 2025, with the firm’s price target at $131-$122.55. Stifel coverage for the Beacon Roofing Supply Inc (BECN) stock in a research note released on January 08, 2025 offered a Buy rating with a price target of $115. The Benchmark Company was of a view on April 18, 2024 that the stock is Buy, while Robert W. Baird gave the stock Outperform rating on February 29, 2024, issuing a price target of $99- $115. William Blair on their part issued Outperform rating on January 08, 2024.
