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.

Many analysts weighed in on price targets for BECN. The most optimistic analyst gave a price target of 58, which equates to a potential upside of 22.62 percent. The most pessimistic analyst gave a price target of 47, implying potential capital losses of -0.63 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is 0 percent. Meanwhile, fiscal year estimates have been revised upwards by 0 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 1.28 percent.

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 decreased their estimates.

The growth rate of BECN's earnings is estimated by analysts to be 44.67 percent. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. Investors like to see smaller values for the PEG ratio, as that can indicate whether the high price level of a stock is warranted by high growth. Wall Street investors typically prefer a PEG ratio to be smaller than 1, 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 traded between a high of 52.12 and a low of 39.50 over the past year. The current market price is above the trailing year's low by 19.75 percent, and below the high by 9.25 percent. 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's next earnings release will be on 0000-00-00, which is days away.