Analyst Ratings for Beacon Roofing Supply Inc. (BECN)

Updated: 2017-07-26

Analysts covering Beacon Roofing Supply Inc. (NASDAQ:BECN) have given it a consensus rating of Overweight. A consensus rating of Overweight was previously issued for BECN last month.

Of the 16 analysts covering the stock, 8 gave it a buy rating, 2 issued an overweight rating, 6 issued a hold rating, 0 gave an underweight rating, and 0 gave a sell rating. Compared to three months ago, there has been an increase of 0 in the number of analysts with a positive outlook on the stock. Meanwhile, the number of analysts pessimistic about the company has increased by 0.

Investment analysts gave a few price targets for BECN. The most optimistic analyst gave a price target of 58, implying a possible profit of 22.62 percent. The most pessimistic price target was 47, which equates to a potential downside of -0.63 percent. Some investors take price targets and stock ratings with a grain of salt, knowing that some analysts can have indirect business with the stocks they cover.

Analysts have revised their earnings estimates upwards for this quarter, by about 0 percent on average, compared to last month. This can be compared with the average change in earnings estimates over the past 3 months, which is 0 percent. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of 1.28 percent in FY estimates.

People are often interested in whether analysts were united in the direction of their revisions. Over the past month, 0 analysts increased their quarterly estimates, while 2 analysts revised their estimates downwards. Also over the last month, 0 analysts increased their estimates for the FY earnings, while 3 analysts made negative revisions to their fiscal year's estimates.

BECN has an estimated earnings growth rate of 44.67 percent as forecasted by analysts. Another measure frequently examined by investors is the PEG ratio. A lower PEG ratio is favorable, because people typically see that as an indicator of higher growth relative to stock price. PEG ratios below 1 are often considered desirable, even though it may be more relevant to compare the ratio to that of a firm's competitors. The PEG ratio of BECN is 0.65.

BECN has a 52-week high of 52.12 and a 52-week low of 39.50. The current market price is above the trailing year's low by 19.75 percent, and 9.25 percent lower than its 52-week high. BECN has a price/earnings ratio of 29.02. Investors typically compare the P/E ratio to a company's peers in the industry. The BECN value stock report compares BECN to some of its peers using value stock charts. The market cap of BECN is $2.86 billion. BECN is estimated to release their earnings results for the quarter on 0000-00-00, days from today.