Beacon Roofing Supply (BECN) Stock Forecast, Price Target & Predictions
BECN Stock Forecast
Beacon Roofing Supply stock forecast is as follows: an average price target of $87.50 (represents a -6.38% downside from BECN’s last price of $93.46) and a rating consensus of 'Buy', based on 9 wall street analysts offering a 1-year stock forecast.
BECN Price Target
The average price target for Beacon Roofing Supply (BECN) is $87.50 based on 1-year price targets from 9 Wall Street analysts in the past 3 months, with a price target range of $120.00 to $56.00. This represents a potential -6.38% downside from BECN's last price of $93.46.
BECN Analyst Ratings
According to 9 Wall Street analysts, Beacon Roofing Supply's rating consensus is 'Buy'. The analyst rating breakdown for BECN stock is 0 'Strong Buy' (0.00%), 7 'Buy' (77.78%), 2 'Hold' (22.22%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Beacon Roofing Supply Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Oct 16, 2024 | David Manthey | Robert W. Baird | $120.00 | $93.32 | 28.59% | 28.40% |
| Aug 05, 2024 | Trey Grooms | Stephens | $95.00 | $80.79 | 17.59% | 1.65% |
| May 03, 2024 | David Manthey | Robert W. Baird | $117.00 | $97.52 | 19.98% | 25.19% |
| Apr 11, 2024 | Ketan Mamtora | BMO Capital | $120.00 | $99.06 | 21.14% | 28.40% |
| Oct 05, 2023 | Mike Dahl | RBC Capital | $94.00 | $76.14 | 23.45% | 0.58% |
| Jul 10, 2023 | Keith Hughes | Truist Financial | $85.00 | $84.21 | 0.94% | -9.05% |
| Jun 16, 2023 | Ketan Mamtora | Loop Capital Markets | $90.00 | $79.44 | 13.29% | -3.70% |
| Jan 11, 2023 | - | Deutsche Bank | $81.00 | $53.53 | 51.32% | -13.33% |
| Aug 08, 2022 | - | Stephens | $64.00 | $60.54 | 5.72% | -31.52% |
| Jul 15, 2022 | - | J.P. Morgan | $59.00 | $54.90 | 7.48% | -36.87% |
The latest Beacon Roofing Supply stock forecast, released on Oct 16, 2024 by David Manthey from Robert W. Baird, set a price target of $120.00, which represents a 28.59% increase from the stock price at the time of the forecast ($93.32), and a 28.40% increase from BECN last price ($93.46).
Beacon Roofing Supply Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 1 | 2 | 4 |
| Avg Price Target | $120.00 | $107.50 | $113.00 |
| Last Closing Price | $93.46 | $93.46 | $93.46 |
| Upside/Downside | 28.40% | 15.02% | 20.91% |
In the current month, the average price target of Beacon Roofing Supply stock is $120.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a 28.40% increase as opposed to Beacon Roofing Supply's last price of $93.46. This month's average price target is up 11.63% compared to last quarter, and up 6.19% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Aug 05, 2024 | Stephens | Equal-Weight | Equal-Weight | Hold |
| Jun 17, 2024 | Zelman | Hold | Outperform | Upgrade |
| Apr 18, 2024 | Benchmark | - | Buy | Initialise |
| Apr 01, 2024 | Loop Capital Markets | Buy | Buy | Hold |
| Jan 08, 2024 | William Blair | - | Outperform | Upgrade |
| Oct 05, 2023 | RBC Capital | - | Outperform | Upgrade |
| Jun 16, 2023 | BMO Capital | Outperform | Outperform | Hold |
| Feb 07, 2023 | Zelman | - | Hold | Initialise |
| Jan 11, 2023 | Deutsche Bank | Buy | Buy | Hold |
| Aug 08, 2022 | Stephens | Equal-Weight | Equal-Weight | Hold |
Beacon Roofing Supply's last stock rating was published by Stephens on Aug 05, 2024. The company gave BECN a "Equal-Weight" rating, the same as its previous rate.
Beacon Roofing Supply Financial Forecast
Beacon Roofing Supply Revenue Forecast
| Dec 26 | Oct 26 | Jul 26 | Mar 26 | Dec 25 | Oct 25 | Jul 25 | Mar 25 | Dec 24 | Oct 24 | Jul 24 | Mar 24 | Dec 23 | Oct 23 | Jul 23 | Mar 23 | Dec 22 | Oct 22 | Jul 22 | Mar 22 | Dec 21 | Oct 21 | Jul 21 | Mar 21 | Dec 20 | Oct 20 | Jul 20 | Mar 20 | Dec 19 | Oct 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $1.73B | $1.97B | - | - | $1.69B | $1.75B | - | - | $1.32B | $1.58B | - | - | $1.46B | $1.68B | - |
| Avg Forecast | $2.58B | $2.96B | $2.81B | $2.04B | $2.51B | $2.88B | $2.77B | $1.99B | $2.41B | $2.78B | $2.69B | $1.89B | $2.27B | $2.59B | $2.49B | $1.77B | $2.00B | $2.33B | $2.28B | $1.44B | $1.88B | $1.82B | $1.32B | $1.71B | $2.01B | $1.75B | $1.44B | $1.71B | $2.06B | $1.99B |
| High Forecast | $2.71B | $3.11B | $2.94B | $2.14B | $2.63B | $3.02B | $2.91B | $2.00B | $2.47B | $2.78B | $2.69B | $1.89B | $2.29B | $2.59B | $2.61B | $1.85B | $2.10B | $2.33B | $2.28B | $1.44B | $1.88B | $1.82B | $1.32B | $1.71B | $2.01B | $1.75B | $1.44B | $1.71B | $2.06B | $1.99B |
| Low Forecast | $2.49B | $2.86B | $2.71B | $1.97B | $2.42B | $2.78B | $2.68B | $1.96B | $2.29B | $2.77B | $2.69B | $1.89B | $2.22B | $2.59B | $2.40B | $1.71B | $1.93B | $2.33B | $2.28B | $1.44B | $1.88B | $1.82B | $1.32B | $1.71B | $2.01B | $1.75B | $1.44B | $1.71B | $2.06B | $1.99B |
| # Analysts | 4 | 4 | 4 | 4 | 2 | 2 | 2 | 6 | 10 | 5 | 5 | 5 | 10 | 5 | 5 | 5 | 4 | 4 | 4 | 4 | 5 | 5 | 11 | 10 | 10 | 9 | 8 | 7 | 6 | 5 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.98% | 0.98% | - | - | 1.17% | 0.93% | - | - | 0.77% | 0.79% | - | - | 0.85% | 0.82% | - |
Beacon Roofing Supply's average Quarter revenue forecast for Jul 23 based on 5 analysts is $2.49B, with a low forecast of $2.40B, and a high forecast of $2.61B. BECN's average Quarter revenue forecast represents a 43.71% increase compared to the company's last Quarter revenue of $1.73B (Mar 23).
Beacon Roofing Supply EBITDA Forecast
| Dec 26 | Oct 26 | Jul 26 | Mar 26 | Dec 25 | Oct 25 | Jul 25 | Mar 25 | Dec 24 | Oct 24 | Jul 24 | Mar 24 | Dec 23 | Oct 23 | Jul 23 | Mar 23 | Dec 22 | Oct 22 | Jul 22 | Mar 22 | Dec 21 | Oct 21 | Jul 21 | Mar 21 | Dec 20 | Oct 20 | Jul 20 | Mar 20 | Dec 19 | Oct 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 4 | 4 | 4 | 2 | 2 | 2 | 6 | 10 | 5 | 5 | 5 | 10 | 5 | 5 | 5 | 4 | 4 | 4 | 4 | 5 | 5 | 11 | 10 | 10 | 9 | 8 | 7 | 6 | 5 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $103.60M | $165.30M | - | - | $130.20M | $167.40M | - | - | $65.20M | $147.40M | - | - | $23.89M | $83.78M | - |
| Avg Forecast | $215.48M | $247.36M | $234.46M | $170.40M | $209.18M | $240.70M | $231.57M | $166.20M | $201.44M | $231.83M | $224.62M | $650.14M | $189.23M | $216.06M | $207.83M | $591.03M | $132.38M | $194.47M | $227.54M | $120.10M | $157.06M | $152.10M | $110.04M | $467.22M | $167.46M | $146.26M | $120.29M | $29.58M | $171.57M | $166.38M |
| High Forecast | $225.86M | $259.28M | $245.76M | $178.61M | $219.26M | $252.29M | $242.72M | $167.04M | $206.57M | $232.18M | $224.62M | $780.16M | $190.89M | $216.15M | $217.85M | $709.24M | $158.86M | $194.47M | $273.05M | $120.10M | $157.06M | $152.10M | $110.04M | $560.66M | $167.46M | $146.26M | $120.29M | $35.49M | $171.57M | $166.38M |
| Low Forecast | $208.03M | $238.81M | $226.35M | $164.51M | $201.95M | $232.37M | $223.56M | $163.68M | $191.20M | $231.49M | $224.62M | $520.11M | $185.08M | $215.97M | $200.65M | $472.83M | $105.91M | $194.47M | $182.03M | $120.10M | $157.06M | $152.10M | $110.04M | $373.78M | $167.46M | $146.26M | $120.29M | $23.66M | $171.57M | $166.38M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.18% | 1.25% | - | - | 1.08% | 1.07% | - | - | 0.14% | 0.88% | - | - | 0.81% | 0.49% | - |
5 analysts predict BECN's average Quarter EBITDA for Jul 23 to be $207.83M, with a high of $217.85M and a low of $200.65M. This is 100.61% upper than Beacon Roofing Supply's previous annual EBITDA (Mar 23) of $103.60M.
Beacon Roofing Supply Net Income Forecast
| Dec 26 | Oct 26 | Jul 26 | Mar 26 | Dec 25 | Oct 25 | Jul 25 | Mar 25 | Dec 24 | Oct 24 | Jul 24 | Mar 24 | Dec 23 | Oct 23 | Jul 23 | Mar 23 | Dec 22 | Oct 22 | Jul 22 | Mar 22 | Dec 21 | Oct 21 | Jul 21 | Mar 21 | Dec 20 | Oct 20 | Jul 20 | Mar 20 | Dec 19 | Oct 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 4 | 4 | 4 | 2 | 2 | 2 | 6 | 10 | 5 | 5 | 5 | 10 | 5 | 5 | 5 | 4 | 4 | 4 | 4 | 5 | 5 | 11 | 10 | 10 | 9 | 8 | 7 | 6 | 5 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $24.80M | $73.30M | - | - | $55.80M | $68.10M | - | - | $-10.50M | $47.40M | - | - | $-122.64M | $-23.41M | - |
| Avg Forecast | $131.98M | $213.84M | $182.74M | $36.72M | $121.90M | $197.12M | $167.51M | $26.28M | $108.14M | $183.29M | $180.63M | $-68.38M | $108.70M | $170.36M | $147.12M | $-62.16M | $62.08M | $131.96M | $132.76M | $33.05M | $99.79M | $86.14M | $2.17M | $-49.14M | $65.41M | $38.81M | $-13.62M | $-151.84M | $78.33M | $80.79M |
| High Forecast | $140.24M | $227.23M | $194.18M | $39.02M | $129.54M | $209.46M | $178.00M | $32.57M | $116.04M | $184.25M | $180.65M | $-54.70M | $115.14M | $170.46M | $156.33M | $-49.73M | $74.50M | $131.96M | $159.31M | $33.05M | $99.79M | $88.87M | $2.17M | $-39.31M | $65.41M | $38.81M | $-13.62M | $-121.47M | $78.33M | $80.79M |
| Low Forecast | $126.04M | $204.23M | $174.52M | $35.07M | $116.42M | $188.26M | $159.98M | $21.14M | $103.89M | $182.34M | $180.62M | $-82.05M | $98.41M | $170.26M | $140.51M | $-74.59M | $49.67M | $131.96M | $106.21M | $33.05M | $99.79M | $83.42M | $2.17M | $-58.97M | $65.41M | $38.81M | $-13.62M | $-182.21M | $78.33M | $80.79M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -0.40% | 1.18% | - | - | 1.69% | 0.68% | - | - | 0.21% | 0.72% | - | - | 0.81% | -0.30% | - |
Beacon Roofing Supply's average Quarter net income forecast for Jul 23 is $147.12M, with a range of $140.51M to $156.33M. BECN's average Quarter net income forecast represents a 493.22% increase compared to the company's last Quarter net income of $24.80M (Mar 23).
Beacon Roofing Supply SG&A Forecast
| Dec 26 | Oct 26 | Jul 26 | Mar 26 | Dec 25 | Oct 25 | Jul 25 | Mar 25 | Dec 24 | Oct 24 | Jul 24 | Mar 24 | Dec 23 | Oct 23 | Jul 23 | Mar 23 | Dec 22 | Oct 22 | Jul 22 | Mar 22 | Dec 21 | Oct 21 | Jul 21 | Mar 21 | Dec 20 | Oct 20 | Jul 20 | Mar 20 | Dec 19 | Oct 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 4 | 4 | 4 | 2 | 2 | 2 | 6 | 10 | 5 | 5 | 5 | 10 | 5 | 5 | 5 | 4 | 4 | 4 | 4 | 5 | 5 | 11 | 10 | 10 | 9 | 8 | 7 | 6 | 5 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $338.30M | $350.30M | - | - | $309.30M | $294.20M | - | - | $267.80M | $265.20M | - | - | $318.51M | $326.92M | - |
| Avg Forecast | $444.24M | $509.98M | $483.38M | $351.31M | $431.26M | $496.23M | $477.42M | $342.64M | $415.31M | $477.96M | $463.08M | $324.48M | $390.13M | $445.45M | $428.48M | $304.24M | $268.60M | $400.94M | $280.01M | $247.61M | $323.80M | $313.59M | $226.87M | $293.78M | $345.25M | $301.53M | $247.99M | $394.35M | $353.72M | $343.01M |
| High Forecast | $465.65M | $534.56M | $506.67M | $368.24M | $452.04M | $520.14M | $500.42M | $344.37M | $425.87M | $478.67M | $463.08M | $324.48M | $393.55M | $445.64M | $449.13M | $318.90M | $322.33M | $400.94M | $336.01M | $247.61M | $323.80M | $313.59M | $226.87M | $293.78M | $345.25M | $301.53M | $247.99M | $473.21M | $353.72M | $343.01M |
| Low Forecast | $428.88M | $492.35M | $466.66M | $339.17M | $416.35M | $479.08M | $460.91M | $337.45M | $394.19M | $477.25M | $463.08M | $324.48M | $381.57M | $445.25M | $413.67M | $293.72M | $214.88M | $400.94M | $224.01M | $247.61M | $323.80M | $313.59M | $226.87M | $293.78M | $345.25M | $301.53M | $247.99M | $315.48M | $353.72M | $343.01M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.11% | 1.30% | - | - | 1.25% | 0.91% | - | - | 0.91% | 0.77% | - | - | 0.81% | 0.92% | - |
Beacon Roofing Supply's average Quarter SG&A projection for Jul 23 is $428.48M, based on 5 Wall Street analysts, with a range of $413.67M to $449.13M. The forecast indicates a 26.66% rise compared to BECN last annual SG&A of $338.30M (Mar 23).
Beacon Roofing Supply EPS Forecast
| Dec 26 | Oct 26 | Jul 26 | Mar 26 | Dec 25 | Oct 25 | Jul 25 | Mar 25 | Dec 24 | Oct 24 | Jul 24 | Mar 24 | Dec 23 | Oct 23 | Jul 23 | Mar 23 | Dec 22 | Oct 22 | Jul 22 | Mar 22 | Dec 21 | Oct 21 | Jul 21 | Mar 21 | Dec 20 | Oct 20 | Jul 20 | Mar 20 | Dec 19 | Oct 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 4 | 4 | 4 | 2 | 2 | 2 | 6 | 10 | 5 | 5 | 5 | 10 | 5 | 5 | 5 | 4 | 4 | 4 | 4 | 5 | 5 | 11 | 10 | 10 | 9 | 8 | 7 | 6 | 5 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $0.25 | $0.90 | - | - | $0.62 | $0.97 | - | - | $-0.15 | $0.68 | - | - | $-1.78 | $-0.34 | - |
| Avg Forecast | $2.04 | $3.30 | $2.82 | $0.57 | $1.88 | $3.04 | $2.59 | $0.41 | $1.67 | $2.83 | $2.79 | $0.26 | $1.68 | $2.63 | $2.27 | $0.62 | $1.20 | $2.04 | $2.31 | $0.51 | $1.54 | $1.33 | $0.03 | $0.60 | $1.01 | $0.60 | $-0.21 | $0.43 | $1.21 | $1.25 |
| High Forecast | $2.16 | $3.51 | $3.00 | $0.60 | $2.00 | $3.23 | $2.75 | $0.50 | $1.79 | $2.84 | $2.79 | $0.26 | $1.78 | $2.63 | $2.41 | $0.66 | $1.28 | $2.04 | $2.31 | $0.51 | $1.54 | $1.37 | $0.03 | $0.60 | $1.01 | $0.60 | $-0.21 | $0.43 | $1.21 | $1.25 |
| Low Forecast | $1.95 | $3.15 | $2.69 | $0.54 | $1.80 | $2.91 | $2.47 | $0.33 | $1.60 | $2.81 | $2.79 | $0.26 | $1.52 | $2.63 | $2.17 | $0.59 | $1.15 | $2.04 | $2.31 | $0.51 | $1.54 | $1.29 | $0.03 | $0.60 | $1.01 | $0.60 | $-0.21 | $0.43 | $1.21 | $1.25 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.41% | 0.75% | - | - | 1.22% | 0.63% | - | - | -0.25% | 0.67% | - | - | -4.15% | -0.28% | - |
According to 5 Wall Street analysts, Beacon Roofing Supply's projected average Quarter EPS for Jul 23 is $2.27, with a low estimate of $2.17 and a high estimate of $2.41. This represents a 808.14% increase compared to BECN previous annual EPS of $0.25 (Mar 23).
Beacon Roofing Supply Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| JBI | Janus Group | $7.04 | $11.50 | 63.35% | Buy |
| TREX | Trex Company | $70.54 | $79.79 | 13.11% | Buy |
| BECN | Beacon Roofing Supply | $93.46 | $87.50 | -6.38% | Buy |
| TILE | Interface | $23.50 | $22.00 | -6.38% | Buy |
| AWI | Armstrong World Industries | $143.08 | $129.43 | -9.54% | Buy |
| AZEK | AZEK Company | $44.44 | $39.29 | -11.59% | Buy |
| APOG | Apogee Enterprises | $76.71 | $43.00 | -43.94% | Hold |
BECN Forecast FAQ
Is Beacon Roofing Supply a good buy?
Yes, according to 9 Wall Street analysts, Beacon Roofing Supply (BECN) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 7 'Buy' recommendations, accounting for 77.78% of BECN's total ratings.
What is BECN's price target?
Beacon Roofing Supply (BECN) average price target is $87.5 with a range of $56 to $120, implying a -6.38% from its last price of $93.46. The data is based on 9 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Beacon Roofing Supply stock go up soon?
According to Wall Street analysts' prediction for BECN stock, the company can go down by -6.38% (from the last price of $93.46 to the average price target of $87.5), up by 28.40% based on the highest stock price target, and down by -40.08% based on the lowest stock price target.
Can Beacon Roofing Supply stock reach $140?
BECN's average twelve months analyst stock price target of $87.5 does not support the claim that Beacon Roofing Supply can reach $140 in the near future.
What is Beacon Roofing Supply's current price target trend?
1 Wall Street analyst forecast a $120 price target for Beacon Roofing Supply (BECN) this month, up 28.40% from its last price of $93.46. Compared to the last 3 and 12 months, the average price target increased by 15.02% and increased by 20.91%, respectively.
What are Beacon Roofing Supply's analysts' financial forecasts?
Beacon Roofing Supply's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $10.15B (high $10.56B, low $9.84B), average EBITDA is $847.64M (high $881.31M, low $821.56M), average net income is $512.81M (high $549.57M, low $485.81M), average SG&A $1.75B (high $1.82B, low $1.69B), and average EPS is $7.91 (high $8.48, low $7.5). BECN's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $10.39B (high $10.89B, low $10.03B), average EBITDA is $867.7M (high $909.51M, low $837.7M), average net income is $565.27M (high $600.68M, low $539.87M), average SG&A $1.79B (high $1.88B, low $1.73B), and average EPS is $8.72 (high $9.27, low $8.33).
Did the BECN's actual financial results beat the analysts' financial forecasts?
Based on Beacon Roofing Supply's last annual report (Dec 2022), the company's revenue was $8.43B, beating the average analysts forecast of $8.05B by 4.74%. Apple's EBITDA was $862.6M, beating the average prediction of $674.5M by 27.89%. The company's net income was $458.4M, beating the average estimation of $359.85M by 27.39%. Apple's SG&A was $1.37B, beating the average forecast of $1.2B by 14.68%. Lastly, the company's EPS was $6.47, beating the average prediction of $6.06 by 6.82%. In terms of the last quarterly report (Mar 2023), Beacon Roofing Supply's revenue was $1.73B, missing the average analysts' forecast of $1.77B by -2.00%. The company's EBITDA was $103.6M, missing the average prediction of $591.03M by -82.47%. Beacon Roofing Supply's net income was $24.8M, missing the average estimation of $-62.162M by -139.90%. The company's SG&A was $338.3M, beating the average forecast of $304.24M by 11.20%. Lastly, the company's EPS was $0.25, missing the average prediction of $0.617 by -59.46%