Beacon Roofing Supply, Inc. (BECN)
NASDAQ: BECN · IEX Real-Time Price · USD
95.89
-1.63 (-1.67%)
At close: May 3, 2024, 4:00 PM
96.44
+0.55 (0.57%)
After-hours: May 3, 2024, 5:08 PM EDT
Beacon Roofing Supply Stock Forecast
Stock Price Forecast
The 12 analysts with 12-month price forecasts for BECN stock have an average target of 104.25, with a low estimate of 68 and a high estimate of 135. The average target predicts an increase of 8.72% from the current stock price of 95.89.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for BECN stock from 13 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 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 4 | 4 |
| Buy | 4 | 5 | 6 | 6 | 6 | 6 |
| Hold | 4 | 4 | 3 | 3 | 3 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 10 | 11 | 11 | 11 | 13 | 13 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Truist Securities | Truist Securities | Hold Maintains $90 → $95 | Hold | Maintains | $90 → $95 | -0.93% | May 3, 2024 |
| Baird | Baird | Buy Maintains $115 → $117 | Buy | Maintains | $115 → $117 | +22.01% | May 3, 2024 |
| Benchmark | Benchmark | Strong Buy Initiates $135 | Strong Buy | Initiates | $135 | +40.79% | Apr 18, 2024 |
| BMO Capital | BMO Capital | Buy Maintains $95 → $120 | Buy | Maintains | $95 → $120 | +25.14% | Apr 11, 2024 |
| Loop Capital | Loop Capital | Strong Buy Maintains $110 → $115 | Strong Buy | Maintains | $110 → $115 | +19.93% | Apr 1, 2024 |
Financial Forecast
Revenue This Year
9.74B
from 9.12B
Increased by 6.78%
Revenue Next Year
10.06B
from 9.74B
Increased by 3.26%
EPS This Year
7.82
from -0.43
EPS Next Year
8.67
from 7.82
Increased by 10.85%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 10.2B | 10.7B | 10.4B |
| Avg | 9.7B | 10.1B | 10.1B |
| Low | 9.1B | 9.4B | 9.7B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 12.1% | 9.5% | 3.8% |
| Avg | 6.8% | 3.3% | 0.9% |
| Low | 0.3% | -3.6% | -3.1% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 8.69 | 10.69 | 8.94 |
| Avg | 7.82 | 8.67 | 8.68 |
| Low | 6.59 | 7.32 | 8.34 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | 36.6% | 3.1% |
| Avg | - | 10.8% | 0.1% |
| Low | - | -6.4% | -3.8% |
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.