Beacon Roofing Supply, Inc. (BECN)
NASDAQ: BECN · IEX Real-Time Price · USD
96.84
-0.86 (-0.88%)
At close: Jul 19, 2024, 4:00 PM
96.91
+0.07 (0.07%)
Pre-market: Jul 20, 2024, 9:29 AM EDT
Beacon Roofing Supply Stock Forecast
Stock Price Forecast
The 11 analysts with 12-month price forecasts for BECN stock have an average target of 109.36, with a low estimate of 88 and a high estimate of 135. The average target predicts an increase of 12.93% from the current stock price of 96.84.
Analyst Consensus: Buy
* Price targets were last updated on May 28, 2024.
Analyst Ratings
The average analyst rating for BECN stock from 12 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 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 4 | 4 | 4 | 4 |
| Buy | 6 | 6 | 6 | 6 | 6 | 6 |
| Hold | 3 | 3 | 3 | 2 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 11 | 11 | 13 | 12 | 12 | 12 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| JP Morgan | JP Morgan | Buy Maintains $100 → $117 | Buy | Maintains | $100 → $117 | +20.82% | May 28, 2024 |
| Truist Securities | Truist Securities | Hold Maintains $90 → $95 | Hold | Maintains | $90 → $95 | -1.90% | May 3, 2024 |
| Baird | Baird | Buy Maintains $115 → $117 | Buy | Maintains | $115 → $117 | +20.82% | May 3, 2024 |
| Benchmark | Benchmark | Strong Buy Initiates $135 | Strong Buy | Initiates | $135 | +39.41% | Apr 18, 2024 |
| BMO Capital | BMO Capital | Buy Maintains $95 → $120 | Buy | Maintains | $95 → $120 | +23.92% | Apr 11, 2024 |
Financial Forecast
Revenue This Year
9.83B
from 9.12B
Increased by 7.79%
Revenue Next Year
10.16B
from 9.83B
Increased by 3.32%
EPS This Year
7.85
from -0.43
EPS Next Year
8.51
from 7.85
Increased by 8.47%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 10.2B | 10.7B | 11.8B |
| Avg | 9.8B | 10.2B | 10.7B |
| Low | 9.3B | 9.6B | 9.7B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 12.1% | 9.2% | 16.3% |
| Avg | 7.8% | 3.3% | 5.0% |
| Low | 2.3% | -2.8% | -4.2% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 8.51 | 10.30 | 10.68 |
| Avg | 7.85 | 8.51 | 8.82 |
| Low | 6.78 | 6.89 | 7.13 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | 31.2% | 25.4% |
| Avg | - | 8.5% | 3.6% |
| Low | - | -12.2% | -16.2% |
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.