Beacon Roofing Supply, Inc. (BECN)
NASDAQ: BECN · Real-Time Price · USD
103.85
-1.36 (-1.29%)
Nov 12, 2024, 4:00 PM EST - Market closed

Beacon Roofing Supply Stock Forecast

Stock Price Forecast

The 9 analysts with 12-month price forecasts for BECN stock have an average target of 115.22, with a low estimate of 95 and a high estimate of 140. The average target predicts an increase of 10.95% from the current stock price of 103.85.

Analyst Consensus: Buy
Target Low Average Median High
Price $95 $115.22 $119 $140
Change -8.52% +10.95% +14.59% +34.81%

Analyst Ratings

The average analyst rating for BECN stock from 10 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating Jun '24Jul '24Aug '24Sep '24Oct '24Nov '24
Strong Buy 444433
Buy 666655
Hold 222222
Sell 000000
Strong Sell 000000
Total 121212121010

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
JP Morgan
JP Morgan
Buy
Maintains
$110$119
Buy Maintains $110$119 +14.59% Nov 7, 2024
RBC Capital
RBC Capital
Buy
Maintains
$113$114
Buy Maintains $113$114 +9.77% Nov 1, 2024
Benchmark
Benchmark
Strong Buy
Reiterates
$140
Strong Buy Reiterates $140 +34.81% Nov 1, 2024
Baird
Baird
Buy
Maintains
$115$120
Buy Maintains $115$120 +15.55% Oct 16, 2024
Stephens & Co.
Stephens & Co.
Hold
Maintains
$107$95
Hold Maintains $107$95 -8.52% Aug 5, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
9.98B
from 9.12B
Increased by 9.40%
Revenue Next Year
10.42B
from 9.98B
Increased by 4.44%
EPS This Year
7.34
from -0.43
EPS Next Year
8.20
from 7.34
Increased by 11.75%
Fiscal Year FY 2020 FY 2021 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Period Ending Dec 31, 2020 Sep 30, 2021 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026
Revenue
6.08B6.64B7.02B8.43B9.12B9.98B10.42B10.77B
Revenue Growth
2.72%9.28%5.69%20.09%8.19%9.40%4.44%3.34%
EPS
-4.38-0.573.035.55-0.437.348.209.14
EPS Growth
---82.90%--11.75%11.43%
Forward PE
-----14.1512.6711.37
No. Analysts -----171714
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202420252026
High 10.3B 11.0B 11.7B
Avg 10.0B 10.4B 10.8B
Low 9.5B 9.7B 9.8B

Revenue Growth

Revenue Growth 202420252026
High
13.1%
10.5%
11.9%
Avg
9.4%
4.4%
3.3%
Low
4.5%
-2.5%
-5.8%

EPS Forecast

EPS 202420252026
High 7.67 8.96 10.31
Avg 7.34 8.20 9.14
Low 6.72 6.93 7.98

EPS Growth

EPS Growth 202420252026
High -
22.1%
25.8%
Avg -
11.8%
11.4%
Low -
-5.6%
-2.7%
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.