Is Beacon Roofing Stock a Good Investment?
Beacon Roofing Investment Advice | BECN |
- Examine Beacon Roofing's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Beacon Roofing's leadership team and their track record. Good management can help Beacon Roofing navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Trading Companies & Distributors space and any emerging trends that could impact Beacon Roofing's business and its evolving consumer preferences.
- Compare Beacon Roofing's performance and market position to its competitors. Analyze how Beacon Roofing is positioned in terms of product offerings, innovation, and market share.
- Check if Beacon Roofing pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Beacon Roofing's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Beacon Roofing Supply stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Beacon Roofing Supply is a good investment.
Sell | Buy |
Strong Buy
Market Performance | Good | Details | |
Volatility | Very steady | Details | |
Hype Condition | Under hyped | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Very Low | Details | |
Economic Sensitivity | Follows the market closely | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Buy | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine Beacon Roofing Stock
Researching Beacon Roofing's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 99.0% of the company shares are held by institutions such as insurance companies. The book value of Beacon Roofing was currently reported as 32.4. The company has Price/Earnings To Growth (PEG) ratio of 1.65. Beacon Roofing Supply recorded earning per share (EPS) of 5.68. The entity had not issued any dividends in recent years. The firm had 3:2 split on the 13th of June 2006.
To determine if Beacon Roofing is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Beacon Roofing's research are outlined below:
| Over 99.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from smh.com.au: ASX set to rise as Wall Street surges |
Beacon Roofing Quarterly Liabilities And Stockholders Equity |
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Beacon Roofing uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Beacon Roofing Supply. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Beacon Roofing's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 22nd of February 2024 Upcoming Quarterly Report | View | |
| 2nd of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 22nd of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Earnings surprises can significantly impact Beacon Roofing's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises Beacon Roofing's investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2017-05-04 | 2017-03-31 | -0.05 | -0.04 | 0.01 | 20 | ||
2005-05-11 | 2005-03-31 | 0.05 | 0.06 | 0.01 | 20 | ||
2013-05-10 | 2013-03-31 | 0.01 | -0.02 | -0.03 | 300 | ||
2005-02-14 | 2004-12-31 | 0.2 | 0.23 | 0.03 | 15 | ||
2009-12-01 | 2009-09-30 | 0.38 | 0.42 | 0.04 | 10 | ||
2006-05-10 | 2006-03-31 | 0.07 | 0.11 | 0.04 | 57 | ||
2014-02-07 | 2013-12-31 | 0.35 | 0.3 | -0.05 | 14 | ||
2011-08-08 | 2011-06-30 | 0.46 | 0.51 | 0.05 | 10 |
Beacon Roofing Target Price Consensus
Beacon target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. Beacon Roofing's target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
| 14 | Buy |
Most Beacon analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand Beacon stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of Beacon Roofing Supply, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice Exposure ValuationBeacon Roofing Target Price Projection
Beacon Roofing's current and average target prices are 123.82 and 117.42, respectively. The current price of Beacon Roofing is the price at which Beacon Roofing Supply is currently trading. On the other hand, Beacon Roofing's target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.Current Price
Beacon Roofing Market Quote on 25th of March 2025
Target Price
Analyst Consensus On Beacon Roofing Target Price
Beacon Roofing Analyst Ratings
Beacon Roofing's analyst stock recommendations are determined by taking an average estimate of all analysts we track and classifying them as Strong Buy, Buy, Hold, Strong Sell, or Sell. Ratings generally communicate what analysts sense about Beacon Roofing stock, and they use a lot of effort and time to analyze it and arrive at a rating. That suggests that analyst recommendations are the outcome of an objective and thorough examination of Beacon Roofing's financials, market performance, and future outlook by experienced professionals. Beacon Roofing's historical ratings below, therefore, can serve as a valuable tool for investors.Know Beacon Roofing's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Beacon Roofing is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Beacon Roofing Supply backward and forwards among themselves. Beacon Roofing's institutional investor refers to the entity that pools money to purchase Beacon Roofing's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Amvescap Plc. | 2024-12-31 | 1.2 M | Morgan Stanley - Brokerage Accounts | 2024-12-31 | 1.1 M | Fisher Asset Management, Llc | 2024-12-31 | 1 M | Vaughan Nelson Scarbrgh & Mccullough Lp | 2024-12-31 | 985.2 K | Ameriprise Financial Inc | 2024-12-31 | 972.8 K | Norges Bank | 2024-12-31 | 931 K | Macquarie Group Ltd | 2024-12-31 | 857.7 K | Northern Trust Corp | 2024-12-31 | 838.1 K | Nuveen Asset Management, Llc | 2024-12-31 | 768.4 K | Vanguard Group Inc | 2024-12-31 | 6.5 M | Blackrock Inc | 2024-12-31 | 5.4 M |
Beacon Roofing's market capitalization trends
The company currently falls under 'Mid-Cap' category with a current market capitalization of 7.65 B.Market Cap |
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Beacon Roofing's profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.08 | 0.04 | |
| Return On Capital Employed | 0.12 | 0.14 | |
| Return On Assets | 0.05 | 0.03 | |
| Return On Equity | 0.18 | 0.19 |
Determining Beacon Roofing's profitability involves analyzing its financial statements and using various financial metrics to determine if Beacon Roofing is a good buy. For example, gross profit margin measures Beacon Roofing's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Beacon Roofing's profitability and make more informed investment decisions.
Beacon Roofing's Earnings Breakdown by Geography
Evaluate Beacon Roofing's management efficiency
Beacon Roofing Supply has return on total asset (ROA) of 0.0657 % which means that it generated a profit of $0.0657 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.1896 %, meaning that it created $0.1896 on every $100 dollars invested by stockholders. Beacon Roofing's management efficiency ratios could be used to measure how well Beacon Roofing manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Beacon Roofing's Return On Capital Employed is very stable compared to the past year. As of the 25th of March 2025, Return On Equity is likely to grow to 0.19, while Return On Tangible Assets are likely to drop 0.04. At this time, Beacon Roofing's Total Assets are very stable compared to the past year. As of the 25th of March 2025, Total Current Assets is likely to grow to about 3.3 B, while Other Assets are likely to drop about 249.1 M.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 31.88 | 33.47 | |
| Tangible Book Value Per Share | (9.46) | (8.99) | |
| Enterprise Value Over EBITDA | 11.34 | 7.75 | |
| Price Book Value Ratio | 3.19 | 4.05 | |
| Enterprise Value Multiple | 11.34 | 7.75 | |
| Price Fair Value | 3.19 | 4.05 | |
| Enterprise Value | 4.3 B | 4.5 B |
Beacon Roofing showcases strong leadership that adapts to market changes and drives innovation. Our analysis explores how this adaptability affects the stock's investment appeal.
Beta 1.639 |
Basic technical analysis of Beacon Stock
As of the 25th of March, Beacon Roofing shows the mean deviation of 1.13, and Risk Adjusted Performance of 0.1391. Beacon Roofing Supply technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices.Beacon Roofing's insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Beacon Roofing insiders, such as employees or executives, is commonly permitted as long as it does not rely on Beacon Roofing's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Beacon Roofing insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Beacon Roofing's Outstanding Corporate Bonds
Beacon Roofing issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Beacon Roofing Supply uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Beacon bonds can be classified according to their maturity, which is the date when Beacon Roofing Supply has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| US073685AH26 Corp BondUS073685AH26 | View | |
| Beacon Roofing Supply Corp BondUS073685AF69 | View | |
| AerCap Global Aviation Corp BondUS00773HAA59 | View |
Understand Beacon Roofing's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Beacon Roofing's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | 0.1391 | |||
| Market Risk Adjusted Performance | 0.4913 | |||
| Mean Deviation | 1.13 | |||
| Semi Deviation | 0.9612 | |||
| Downside Deviation | 1.24 | |||
| Coefficient Of Variation | 672.39 | |||
| Standard Deviation | 1.75 | |||
| Variance | 3.07 | |||
| Information Ratio | 0.1638 | |||
| Jensen Alpha | 0.2696 | |||
| Total Risk Alpha | 0.3214 | |||
| Sortino Ratio | 0.2309 | |||
| Treynor Ratio | 0.4813 | |||
| Maximum Drawdown | 10.1 | |||
| Value At Risk | (2.17) | |||
| Potential Upside | 3.23 | |||
| Downside Variance | 1.55 | |||
| Semi Variance | 0.9239 | |||
| Expected Short fall | (1.32) | |||
| Skewness | 1.79 | |||
| Kurtosis | 6.4 |
| Risk Adjusted Performance | 0.1391 | |||
| Market Risk Adjusted Performance | 0.4913 | |||
| Mean Deviation | 1.13 | |||
| Semi Deviation | 0.9612 | |||
| Downside Deviation | 1.24 | |||
| Coefficient Of Variation | 672.39 | |||
| Standard Deviation | 1.75 | |||
| Variance | 3.07 | |||
| Information Ratio | 0.1638 | |||
| Jensen Alpha | 0.2696 | |||
| Total Risk Alpha | 0.3214 | |||
| Sortino Ratio | 0.2309 | |||
| Treynor Ratio | 0.4813 | |||
| Maximum Drawdown | 10.1 | |||
| Value At Risk | (2.17) | |||
| Potential Upside | 3.23 | |||
| Downside Variance | 1.55 | |||
| Semi Variance | 0.9239 | |||
| Expected Short fall | (1.32) | |||
| Skewness | 1.79 | |||
| Kurtosis | 6.4 |
Consider Beacon Roofing's intraday indicators
Beacon Roofing intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Beacon Roofing stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Beacon Roofing Corporate Filings
8K | 24th of March 2025 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
| 21st of March 2025 Other Reports | ViewVerify | |
| 18th of March 2025 Other Reports | ViewVerify | |
F4 | 12th of March 2025 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
Beacon Stock media impact
Far too much social signal, news, headlines, and media speculation about Beacon Roofing that are available to investors today. That information is available publicly through Beacon media outlets and privately through word of mouth or via Beacon internal channels. However, regardless of the origin, that massive amount of Beacon data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Beacon Roofing news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Beacon Roofing relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Beacon Roofing's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Beacon Roofing alpha.
Beacon Roofing Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Beacon Roofing can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Beacon Roofing Supply Historical Investor Sentiment
Investor biases related to Beacon Roofing's public news can be used to forecast risks associated with an investment in Beacon. The trend in average sentiment can be used to explain how an investor holding Beacon can time the market purely based on public headlines and social activities around Beacon Roofing Supply. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Beacon Roofing's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Beacon Roofing and other traded tickers. The bigger the bubble, the more accurate the estimated score. Higher bars for a given day show more participation in the average Beacon Roofing news discussions. The higher the estimate score, the more favorable the investor's outlook on Beacon Roofing.
Beacon Roofing Corporate Executives
Elected by the shareholders, the Beacon Roofing's board of directors comprises two types of representatives: Beacon Roofing inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Beacon. The board's role is to monitor Beacon Roofing's management team and ensure that shareholders' interests are well served. Beacon Roofing's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Beacon Roofing's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Prithvi Gandhi | Executive CFO | Profile | |
| Christopher Nelson | Executive CTO | Profile |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Beacon Roofing Supply. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
Is Trading Companies & Distributors space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Beacon Roofing. If investors know Beacon will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Beacon Roofing listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.10) | Earnings Share 5.68 | Revenue Per Share | Quarterly Revenue Growth 0.045 | Return On Assets |
The market value of Beacon Roofing Supply is measured differently than its book value, which is the value of Beacon that is recorded on the company's balance sheet. Investors also form their own opinion of Beacon Roofing's value that differs from its market value or its book value, called intrinsic value, which is Beacon Roofing's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Beacon Roofing's market value can be influenced by many factors that don't directly affect Beacon Roofing's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
In summary, please note that there is a difference between Beacon Roofing's value and its price, as these two are different measures arrived at by various means. Investors typically determine if Beacon Roofing is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Beacon Roofing's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.