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Home โบ Stocks โบ Beacon Roofing Supply Inc. (BECN) Stock Forecast & Price Prediction United States | NASDAQ | Industrials | Industrial Distribution
$124.17
+0.00 (0.00%)Did BECN Make This Month's Elite Buy List?
We don't follow just any analyst โ only the top 3% with a proven track record make our cut. See if Beacon Roofing is one of their latest high-conviction picks.
Based on our analysis of 22 Wall Street analysts, BECN has a neutral consensus with a median price target of $124.13 (ranging from $111.71 to $140.00). The overall analyst rating is Buy (6.3/10). Currently trading at $124.17, the median forecast implies a 0.0% downside. This outlook is supported by 1 Buy, 11 Hold, and 0 Sell ratings.
The most optimistic forecast comes from Reuben Garner at Benchmark, projecting a 12.7% upside.
Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.
These are the latest 20 analyst ratings and price targets for BECN.
Date | Firm | Analyst | Rating | Change | Price Target |
---|---|---|---|---|---|
Apr 17, 2025 | BMO Capital | Ketan Mamtora | Market Perform | Downgrade | $124.35 |
Apr 2, 2025 | RBC Capital | Mike Dahl | Sector Perform | Downgrade | $124.35 |
Mar 21, 2025 | Loop Capital | Garik Shmois | Hold | Downgrade | $124.00 |
Mar 20, 2025 | William Blair | Ryan Merkel | Market Perform | Downgrade | $0.00 |
Mar 4, 2025 | BMO Capital | Ketan Mamtora | Outperform | Maintains | $130.00 |
Mar 3, 2025 | Benchmark | Reuben Garner | Buy | Reiterates | $140.00 |
Feb 28, 2025 | Baird | David Manthey | Outperform | Maintains | $124.00 |
Feb 7, 2025 | Stifel | W. Andrew Carter | Hold | Downgrade | $122.55 |
Jan 17, 2025 | Stifel | W. Andrew Carter | Buy | Maintains | $131.00 |
Jan 16, 2025 | BMO Capital | Ketan Mamtora | Outperform | Maintains | $136.00 |
Jan 8, 2025 | Stifel | W. Andrew Carter | Buy | Reinstates | $115.00 |
Nov 19, 2024 | Stephens & Co. | Trey Grooms | Equal-Weight | Reiterates | $103.00 |
Nov 19, 2024 | JP Morgan | Michael Rehaut | Overweight | Maintains | $136.00 |
Nov 7, 2024 | JP Morgan | Michael Rehaut | Overweight | Maintains | $119.00 |
Nov 1, 2024 | Benchmark | Reuben Garner | Buy | Reiterates | $140.00 |
Nov 1, 2024 | RBC Capital | Mike Dahl | Outperform | Maintains | $114.00 |
Oct 16, 2024 | Baird | David Manthey | Outperform | Maintains | $120.00 |
Aug 5, 2024 | Stephens & Co. | Trey Grooms | Equal-Weight | Maintains | $95.00 |
Aug 2, 2024 | Baird | David Manthey | Outperform | Maintains | $115.00 |
Aug 2, 2024 | RBC Capital | Mike Dahl | Outperform | Maintains | $113.00 |
The following stocks are similar to Beacon Roofing based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.
Beacon Roofing Supply Inc. has a market capitalization of $7.72B with a P/E ratio of 25.4x. The company generates $9.76B in trailing twelve-month revenue with a 3.2% profit margin.
Revenue growth is -0.2% quarter-over-quarter, while maintaining an operating margin of +0.9% and return on equity of +16.5%.
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Distributes roofing products and building materials.
The company operates as a distributor, supplying contractors and home builders with essential materials for construction projects. Revenue is generated through the sale of a diverse range of products, including roofing shingles, insulation, and complementary materials, leveraging a vast network of over 400 locations to ensure timely delivery.
Beacon Roofing Supply Inc. plays a crucial role in the construction supply chain, supporting both residential and commercial sectors. Its extensive product range and strategic locations enable it to meet high demand, making it a key player in the industry.
Industrials
Industrial Distribution
8,068
Mr. Julian G. Francis
United States
2004
Beacon Roofing Supply (BECN) has a Zacks Rank of #5 (Strong Sell) due to missing earnings estimates. Higher interest rates and tariffs are impacting roofing companies' supply chains.
Beacon Roofing Supply's Zacks Rank #5 indicates potential declines, with missed earnings and ongoing challenges from high interest rates and tariffs impacting supply chains.
Beacon Roofing (BECN) may not meet earnings expectations in its upcoming report due to lacking key indicators for a potential earnings beat.
Beacon Roofing's potential earnings miss could signal weaker financial performance, impacting stock prices and investor sentiment. Monitoring upcoming results is crucial for assessing investment risk.
QXO, Inc. is extending its all-cash tender offer for Beacon Roofing Supply at $124.35 per share, recommended by Beacon's board. The offer is open until April 28, 2025.
The tender offer for Beacon Roofing Supply at a premium price signals QXO's aggressive growth strategy, potentially boosting investor confidence and impacting stock valuations of both companies.
QXO, Inc. is extending its all-cash tender offer for Beacon Roofing Supply, increasing the offer price to $124.35 per share, in line with their merger agreement.
The increased cash offer for Beacon Roofing Supply indicates QXO's commitment to the acquisition, potentially boosting investor confidence in both companies and impacting share prices.
Monteverde & Associates is investigating Beacon Roofing Supply (NASDAQ: BECN) regarding its merger with QXO, Inc., which offers shareholders $124.35 per share in cash.
The merger proposal for Beacon Roofing Supply offers a significant cash payout per share, potentially impacting stock value and investor returns during the transaction period.
Halper Sadeh LLC is investigating the fairness of Beacon Roofing Supply's sale to QXO, Inc. for $124.35 per share, focusing on shareholder rights.
The investigation into the sale of Beacon Roofing Supply may indicate potential undervaluation, impacting shareholder sentiment and stock price volatility.
Based on our analysis of 22 Wall Street analysts, Beacon Roofing Supply Inc. (BECN) has a median price target of $124.13. The highest price target is $140.00 and the lowest is $111.71.
According to current analyst ratings, BECN has 1 Buy ratings, 11 Hold ratings, and 0 Sell ratings. The stock is currently trading at $124.17. Always conduct your own research and consider your investment goals before making investment decisions.
Wall Street analysts predict BECN stock could reach $124.13 in the next 12 months. This represents a 0.0% decrease from the current price of $124.17. Please note that this is a projection by Wall Street analysts and not a guarantee.
The company operates as a distributor, supplying contractors and home builders with essential materials for construction projects. Revenue is generated through the sale of a diverse range of products, including roofing shingles, insulation, and complementary materials, leveraging a vast network of over 400 locations to ensure timely delivery.
The highest price target for BECN is $140.00 from Reuben Garner at Benchmark, which represents a 12.7% increase from the current price of $124.17.
The lowest price target for BECN is $111.71 from at , which represents a -10.0% decrease from the current price of $124.17.
The overall analyst consensus for BECN is neutral. Out of 22 Wall Street analysts, 1 rate it as Buy, 11 as Hold, and 0 as Sell, with a median price target of $124.13.
Stock price projections, including those for Beacon Roofing Supply Inc., are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.
The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.