Beacon Roofing Supply Inc (NASDAQ:BECN) currently has a daily average trading volume of 2.30M but it saw 2403993 shares traded in last market. With a market cap of 7.59B USD, the company’s current market price of $122.90 came falling about -0.08 while comparing to the previous closing price of $123.00. In past 52 weeks, the stock remained buoying in the range of price level as high as $123.90 and as low as $77.54. In the recent trading on the day, stock has struck highest price mark of $122.38 while lowest mark touched by it was $123.07.
Taking a look at 20-day trading activity of Beacon Roofing Supply Inc (BECN) gives us an average price of $122.76, while its current price level is -0.81% below from 52-week high level whereas it is 58.50% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $119.44 while that of 200 days or SMA-200 reads an average of $102.44. A closer look into the stock’s movement over the week reveals that its volatility is standing at 1.40% during that period while stretching the period over a month that decreases to 0.68%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 58.85 which implies that the stock is in neutral territory.
Stifel downgraded its recommendation for the stock as a “Hold” from “Buy” on February 07, 2025 while assigning a price target range of $131-$122.55. Stifel issued its recommendations for the stock as it resumed the price target for the stock is $115.
Over the week, BECN’s stock price is moving -0.60% down while it is 3.54% when we observe its performance for the past one month. Year-to-date it is 20.99% up and over the past year, the stock is showing an upside performance of 23.25%.
The company is expected to be releasing its next quarterly report on 2025-Feb-26, for which analysts forecasted an EPS of -0.16 while estimate for next year EPS is 7.57. In next quarter, company is expected to be making quarterly sales of $2.84B as analysts are expecting the sales for current fiscal year at $10.15B and seeing the company making $10.51B in sales next year. Moreover, analysts are in estimates of $1.83B for current-quarter revenue.
Currently, Beacon Roofing Supply Inc’s total number of outstanding shares is 61.50M with 0.64% of that held by the insiders while 98.70% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 6.82% and return on equity (ROE) at 18.96%. It has a price to earnings ratio (P/E ratio) of 21.55 while having a 14.86 of forward P/E ratio. Stock’s beta reads 1.18. Stock has a price to book (P/B) ratio of 3.79 while price to sale or P/S ratio amounts to 0.78. Its return on asset (ROA) is 5.41% on average.
