Beacon Roofing Supply, Inc. (BECN)
NASDAQ: BECN · Real-Time Price · USD
87.55
+2.70 (3.18%)
At close: Sep 26, 2024, 4:00 PM
87.31
-0.24 (-0.27%)
After-hours: Sep 26, 2024, 4:24 PM EDT
Beacon Roofing Supply Stock Forecast
Stock Price Forecast
The 9 analysts with 12-month price forecasts for BECN stock have an average target of 113.78, with a low estimate of 95 and a high estimate of 135. The average target predicts an increase of 29.96% from the current stock price of 87.55.
Analyst Consensus: Buy
* Price targets were last updated on Aug 5, 2024.
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 | Apr '24 | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 4 | 4 | 4 | 4 | 3 |
| Buy | 6 | 6 | 6 | 6 | 6 | 5 |
| Hold | 3 | 2 | 2 | 2 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 13 | 12 | 12 | 12 | 12 | 10 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Stephens & Co. | Stephens & Co. | Hold Maintains $107 → $95 | Hold | Maintains | $107 → $95 | +8.51% | Aug 5, 2024 |
| RBC Capital | RBC Capital | Buy Maintains $119 → $113 | Buy | Maintains | $119 → $113 | +29.07% | Aug 2, 2024 |
| Baird | Baird | Buy Maintains $117 → $115 | Buy | Maintains | $117 → $115 | +31.35% | Aug 2, 2024 |
| JP Morgan | JP Morgan | Buy Maintains $100 → $117 | Buy | Maintains | $100 → $117 | +33.64% | May 28, 2024 |
| Truist Securities | Truist Securities | Hold Maintains $90 → $95 | Hold | Maintains | $90 → $95 | +8.51% | May 3, 2024 |
Financial Forecast
Revenue This Year
9.94B
from 9.12B
Increased by 8.98%
Revenue Next Year
10.34B
from 9.94B
Increased by 4.05%
EPS This Year
7.53
from -0.43
EPS Next Year
8.49
from 7.53
Increased by 12.69%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 10.3B | 11.1B | 11.9B |
| Avg | 9.9B | 10.3B | 10.7B |
| Low | 9.3B | 9.6B | 9.8B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 13.2% | 11.5% | 14.9% |
| Avg | 9.0% | 4.1% | 3.9% |
| Low | 2.3% | -3.9% | -5.1% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 8.40 | 10.75 | 10.76 |
| Avg | 7.53 | 8.49 | 8.79 |
| Low | 6.83 | 6.76 | 7.10 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | 42.7% | 26.8% |
| Avg | - | 12.7% | 3.5% |
| Low | - | -10.3% | -16.3% |
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.