Beacon Roofing Supply (BECN) Stock Forecast, Price Target & Predictions


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BECN Stock Forecast


Beacon Roofing Supply stock forecast is as follows: an average price target of $87.50 (represents a -22.00% downside from BECN’s last price of $112.18) and a rating consensus of 'Buy', based on 10 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 10 Wall Street analysts in the past 3 months, with a price target range of $120.00 to $56.00. This represents a potential -22.00% downside from BECN's last price of $112.18.

BECN Analyst Ratings


Buy

According to 10 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' (70.00%), 3 'Hold' (30.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

Beacon Roofing Supply Price Target by Analyst


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Oct 16, 2024David MantheyRobert W. Baird--28.59%6.97%
Aug 05, 2024Trey GroomsStephens--17.59%-15.31%
May 03, 2024David MantheyRobert W. Baird--19.98%4.30%
Apr 11, 2024Ketan MamtoraBMO Capital--21.14%6.97%
Oct 05, 2023Mike DahlRBC Capital--23.45%-16.21%
Jul 10, 2023Keith HughesTruist Financial--0.94%-24.23%
Jun 16, 2023Ketan MamtoraLoop Capital Markets--13.29%-19.77%
Jan 11, 2023Deutsche Bank--51.32%-27.79%
Aug 08, 2022Stephens--5.72%-42.95%
Jul 15, 2022J.P. Morgan--7.48%-47.41%
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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 6.97% increase from BECN last price ($112.18).

Beacon Roofing Supply Price Target by Period


1M3M12M
# Anlaysts-14
Avg Price Target-$120.00$113.00
Last Closing Price$112.18$112.18$112.18
Upside/Downside-100.00%6.97%0.73%

In the current month, the average price target of Beacon Roofing Supply stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Beacon Roofing Supply's last price of $112.18. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.

Analyst Ratings Upgrades/Downgrades


DateCompanyPrevious RatingNew RatingRating Change
Nov 19, 2024JefferiesHoldHoldHold
Nov 01, 2024RBC CapitalOutperformOutperformHold
Aug 05, 2024StephensEqual-WeightEqual-WeightHold
Jun 17, 2024ZelmanHoldOutperformUpgrade
Apr 18, 2024BenchmarkBuyInitialise
Apr 01, 2024Loop Capital MarketsBuyBuyHold
Jan 08, 2024William BlairOutperformUpgrade
Oct 05, 2023RBC CapitalOutperformUpgrade
Jun 16, 2023BMO CapitalOutperformOutperformHold
Feb 07, 2023ZelmanHoldInitialise
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Beacon Roofing Supply's last stock rating was published by Jefferies on Nov 19, 2024. The company gave BECN a "Hold" rating, the same as its previous rate.

Beacon Roofing Supply Financial Forecast


Beacon Roofing Supply Revenue Forecast

Dec 26Oct 26Jul 26Mar 26Dec 25Oct 25Jul 25Mar 25Dec 24Oct 24Jul 24Mar 24Dec 23Oct 23Jul 23Mar 23Dec 22Oct 22Jul 22Mar 22Dec 21Oct 21Jul 21Mar 21Dec 20Oct 20Jul 20Mar 20Dec 19Oct 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$2.43B$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$2.61B$3.00B$2.84B$2.06B$2.54B$2.92B$2.81B$2.00B$2.46B$2.78B$2.69B$1.89B$2.29B$2.59B$2.52B$1.79B$2.02B$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$2.53B$2.91B$2.75B$2.00B$2.46B$2.83B$2.72B$1.98B$2.37B$2.77B$2.69B$1.89B$2.22B$2.59B$2.44B$1.73B$1.96B$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
# Analysts34565227105551055544445511101098765
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 $2.44B, and a high forecast of $2.52B. 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 26Oct 26Jul 26Mar 26Dec 25Oct 25Jul 25Mar 25Dec 24Oct 24Jul 24Mar 24Dec 23Oct 23Jul 23Mar 23Dec 22Oct 22Jul 22Mar 22Dec 21Oct 21Jul 21Mar 21Dec 20Oct 20Jul 20Mar 20Dec 19Oct 19
# Analysts34565227105551055544445511101098765
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$209.58M$240.74M$231.65M$166.53M$202.85M$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$217.83M$250.07M$237.02M$172.27M$211.88M$243.37M$234.19M$167.36M$205.37M$232.18M$224.62M$780.16M$190.89M$216.15M$210.11M$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$211.37M$242.65M$229.99M$167.15M$205.59M$236.15M$227.24M$165.69M$197.82M$231.49M$224.62M$520.11M$185.08M$215.97M$203.87M$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 $210.11M and a low of $203.87M. 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 26Oct 26Jul 26Mar 26Dec 25Oct 25Jul 25Mar 25Dec 24Oct 24Jul 24Mar 24Dec 23Oct 23Jul 23Mar 23Dec 22Oct 22Jul 22Mar 22Dec 21Oct 21Jul 21Mar 21Dec 20Oct 20Jul 20Mar 20Dec 19Oct 19
# Analysts34565227105551055544445511101098765
Net Income---------------$24.80M$73.30M--$55.80M$68.10M--$-10.50M$47.40M--$-122.64M$-23.41M-
Avg Forecast$136.40M$214.00M$182.41M$37.91M$122.16M$196.81M$167.73M$26.86M$106.99M$183.31M$180.63M$-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$138.34M$217.05M$185.01M$38.45M$123.90M$199.61M$170.11M$28.57M$111.32M$184.25M$180.65M$-54.70M$115.14M$170.46M$149.21M$-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$133.02M$208.70M$177.89M$36.97M$119.13M$191.94M$163.57M$25.72M$102.05M$182.36M$180.62M$-82.05M$98.41M$170.26M$143.47M$-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 $143.47M to $149.21M. 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 26Oct 26Jul 26Mar 26Dec 25Oct 25Jul 25Mar 25Dec 24Oct 24Jul 24Mar 24Dec 23Oct 23Jul 23Mar 23Dec 22Oct 22Jul 22Mar 22Dec 21Oct 21Jul 21Mar 21Dec 20Oct 20Jul 20Mar 20Dec 19Oct 19
# Analysts34565227105551055544445511101098765
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$432.09M$496.32M$477.59M$343.32M$418.21M$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$449.10M$515.56M$488.66M$355.16M$436.82M$501.75M$482.82M$345.04M$423.40M$478.67M$463.08M$324.48M$393.55M$445.64M$433.17M$307.57M$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$435.77M$500.26M$474.16M$344.62M$423.86M$486.86M$468.49M$341.60M$407.84M$477.25M$463.08M$324.48M$381.57M$445.25M$420.32M$298.44M$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 $420.32M to $433.17M. 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 26Oct 26Jul 26Mar 26Dec 25Oct 25Jul 25Mar 25Dec 24Oct 24Jul 24Mar 24Dec 23Oct 23Jul 23Mar 23Dec 22Oct 22Jul 22Mar 22Dec 21Oct 21Jul 21Mar 21Dec 20Oct 20Jul 20Mar 20Dec 19Oct 19
# Analysts34565227105551055544445511101098765
EPS---------------$0.25$0.90--$0.62$0.97--$-0.15$0.68--$-1.78$-0.34-
Avg Forecast$2.10$3.30$2.81$0.58$1.89$3.04$2.59$0.41$1.65$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$2.13$3.35$2.86$0.59$1.91$3.08$2.63$0.44$1.72$2.84$2.79$0.26$1.78$2.63$2.30$0.63$1.22$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$2.05$3.22$2.75$0.57$1.84$2.96$2.52$0.40$1.57$2.81$2.79$0.26$1.52$2.63$2.21$0.60$1.17$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 $2.21 and a high estimate of $2.30. 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


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
JBIJanus Group--24.83%Buy
TREXTrex Company--10.44%Buy
TILEInterface---13.59%Buy
AWIArmstrong World Industries---18.64%Buy
BECNBeacon Roofing Supply---22.00%Buy
AZEKAZEK Company---22.93%Buy
APOGApogee Enterprises---48.33%Hold

BECN Forecast FAQ


Is Beacon Roofing Supply a good buy?

Yes, according to 10 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 70.00% 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 -22.00% from its last price of $112.18. The data is based on 10 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 -22.00% (from the last price of $112.18 to the average price target of $87.5), up by 6.97% based on the highest stock price target, and down by -50.08% based on the lowest stock price target.

Can Beacon Roofing Supply stock reach $200?

BECN's average twelve months analyst stock price target of $87.5 does not support the claim that Beacon Roofing Supply can reach $200 in the near future.

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 $10.16B (high $10.26B, low $10B), average EBITDA is $848.5M (high $856.79M, low $834.67M), average net income is $513.56M (high $522.19M, low $500.36M), average SG&A $1.75B (high $1.77B, low $1.72B), and average EPS is $7.93 (high $8.06, low $7.72). BECN's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $10.39B (high $10.51B, low $10.2B), average EBITDA is $867.7M (high $877.19M, low $851.16M), average net income is $570.73M (high $578.84M, low $556.59M), average SG&A $1.79B (high $1.81B, low $1.75B), and average EPS is $8.81 (high $8.93, low $8.59).

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%