The Analyst Verdict: Beacon Roofing Supply In The Eyes Of 7 Experts

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Ratings for Beacon Roofing Supply BECN were provided by 7 analysts in the past three months, showcasing a mix of bullish and bearish perspectives.

The table below provides a snapshot of their recent ratings, showcasing how sentiments have evolved over the past 30 days and comparing them to the preceding months.

Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish
Total Ratings 2 4 1 0 0
Last 30D 1 0 0 0 0
1M Ago 0 0 0 0 0
2M Ago 0 1 1 0 0
3M Ago 1 3 0 0 0

Analysts' evaluations of 12-month price targets offer additional insights, showcasing an average target of $121.0, with a high estimate of $140.00 and a low estimate of $103.00. This current average reflects an increase of 3.71% from the previous average price target of $116.67.

price target chart

Understanding Analyst Ratings: A Comprehensive Breakdown

The perception of Beacon Roofing Supply by financial experts is analyzed through recent analyst actions. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.

Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target
W. Andrew Carter Stifel Announces Buy $115.00 -
Michael Rehaut JP Morgan Raises Overweight $136.00 $119.00
Trey Grooms Stephens & Co. Maintains Equal-Weight $103.00 $103.00
Michael Rehaut JP Morgan Raises Overweight $119.00 $110.00
Mike Dahl RBC Capital Raises Outperform $114.00 $113.00
Reuben Garner Benchmark Maintains Buy $140.00 $140.00
David Manthey Baird Raises Outperform $120.00 $115.00

Key Insights:

  • Action Taken: Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Beacon Roofing Supply. This information offers a snapshot of how analysts perceive the current state of the company.
  • Rating: Gaining insights, analysts provide qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of Beacon Roofing Supply compared to the broader market.
  • Price Targets: Analysts predict movements in price targets, offering estimates for Beacon Roofing Supply's future value. Examining the current and prior targets offers insights into analysts' evolving expectations.

Understanding these analyst evaluations alongside key financial indicators can offer valuable insights into Beacon Roofing Supply's market standing. Stay informed and make well-considered decisions with our Ratings Table.

Stay up to date on Beacon Roofing Supply analyst ratings.

Discovering Beacon Roofing Supply: A Closer Look

Beacon Roofing Supply Inc manufactures and sells roofing and building materials throughout the United States and Canada. Beacon's key customers consist of contractors, home builders, lumberyards, retailers, wholesale distributors, and building materials suppliers. The company's product portfolio includes both residential and non-residential roofing materials, siding, windows, and waterproofing systems. The majority of revenue is generated from residential and non-residential roofing products. The vast majority of Beacon's revenue comes from the United States.

Beacon Roofing Supply: Financial Performance Dissected

Market Capitalization Analysis: Falling below industry benchmarks, the company's market capitalization reflects a reduced size compared to peers. This positioning may be influenced by factors such as growth expectations or operational capacity.

Positive Revenue Trend: Examining Beacon Roofing Supply's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 7.29% as of 30 September, 2024, showcasing a substantial increase in top-line earnings. When compared to others in the Industrials sector, the company faces challenges, achieving a growth rate lower than the average among peers.

Net Margin: Beacon Roofing Supply's net margin is below industry standards, pointing towards difficulties in achieving strong profitability. With a net margin of 5.24%, the company may encounter challenges in effective cost control.

Return on Equity (ROE): Beacon Roofing Supply's ROE is below industry standards, pointing towards difficulties in efficiently utilizing equity capital. With an ROE of 7.96%, the company may encounter challenges in delivering satisfactory returns for shareholders.

Return on Assets (ROA): Beacon Roofing Supply's ROA falls below industry averages, indicating challenges in efficiently utilizing assets. With an ROA of 1.97%, the company may face hurdles in generating optimal returns from its assets.

Debt Management: Beacon Roofing Supply's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 1.95.

The Core of Analyst Ratings: What Every Investor Should Know

Within the domain of banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their work involves attending company conference calls and meetings, researching company financial statements, and communicating with insiders to publish "analyst ratings" for stocks. Analysts typically assess and rate each stock once per quarter.

Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.

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