Beacon Roofing Supply, Inc. (BECN)
NASDAQ: BECN · Real-Time Price · USD
108.94
-0.30 (-0.27%)
At close: Nov 20, 2024, 4:00 PM
108.95
+0.01 (0.01%)
After-hours: Nov 20, 2024, 7:59 PM EST
Beacon Roofing Supply Stock Forecast
Stock Price Forecast
The 9 analysts with 12-month price forecasts for BECN stock have an average target of 118, with a low estimate of 95 and a high estimate of 140. The average target predicts an increase of 8.32% from the current stock price of 108.94.
Analyst Consensus: Buy
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 '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 4 | 4 | 4 | 3 | 3 |
| Buy | 6 | 6 | 6 | 6 | 5 | 5 |
| Hold | 2 | 2 | 2 | 2 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 12 | 12 | 12 | 12 | 10 | 10 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| JP Morgan | JP Morgan | Buy Maintains $119 → $136 | Buy | Maintains | $119 → $136 | +24.84% | Nov 19, 2024 |
| Stephens & Co. | Stephens & Co. | Hold Reiterates $103 | Hold | Reiterates | $103 | -5.45% | Nov 19, 2024 |
| JP Morgan | JP Morgan | Buy Maintains $110 → $119 | Buy | Maintains | $110 → $119 | +9.23% | Nov 7, 2024 |
| RBC Capital | RBC Capital | Buy Maintains $113 → $114 | Buy | Maintains | $113 → $114 | +4.64% | Nov 1, 2024 |
| Benchmark | Benchmark | Strong Buy Reiterates $140 | Strong Buy | Reiterates | $140 | +28.51% | Nov 1, 2024 |
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%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| 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 | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 13.1% | 10.5% | 11.9% |
| Avg | 9.4% | 4.4% | 3.3% |
| Low | 4.5% | -2.5% | -5.8% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| 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 | 2024 | 2025 | 2026 |
|---|---|---|---|
| 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.