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.

A number of analysts gave price targets for BECN. The most optimistic analyst gave a price target of 58, implying potential capital gains of 22.62 percent. The most pessimistic price target was 47, implying potential capital losses 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.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0 percent. The average change in earnings estimates over the last 90 days is 0 percent. Over the past 30 days, FY earnings estimates have also changed upwards by 0 percent. If we look at the last 90 days instead, we find a net average change of 1.28 percent in FY estimates.

Another thing investors often look at is the level of agreement among analysts' revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, while 2 analysts revised their estimates downwards. Also over the last month, 0 analysts increased their estimates for the FY earnings, while 3 analysts decreased their estimates.

Analysts estimate earnings of BECN to grow at a rate of 44.67 percent. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. A lower PEG ratio is favorable, because that is often interpreted as the company being fairly priced relative to its growth rate. People often look for the PEG ratio to be under 1, but many choose to perform ratio comparisons with other companies in the industry. BECN has a PEG ratio of 0.65.

In the last 52-weeks, BECN has achieved a high of 52.12 and a low of 39.50. The current market price is above the trailing year's low by 19.75 percent, and 9.25 percent below the high. BECN has a P/E 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 stock has a market capitalization of $2.86 billion. BECN is estimated to release their earnings results for the quarter on 0000-00-00, days from today.