Beacon Roofing Supply Inc (NASDAQ:BECN) shares, rose in value, with the stock price down by -0.02% to the previous day’s close as strong demand from buyers drove the stock to $123.84.
Actively observing the price movement in the recent trading, the stock is buoying the session at $123.86, falling within a range of $123.81 and $123.88. The value of beta (5-year monthly) is 1.639 whereas the PE ratio is 21.72 over 12-month period. Referring to stock’s 52-week performance, its high was $123.90, and the low was $77.54. On the whole, BECN has fluctuated by 7.39% over the past month.
With the market capitalization of Beacon Roofing Supply Inc currently standing at about $7.65 billion, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Feb-26.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 10.15B, with a low estimate of 1.8B and a high estimate of 1.91B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 1.83B.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that BECN’s technical picture suggests that short-term indicators denote the stock is a 100% Buy on average. However, medium-term indicators have put the stock in the category of 100% Buy while long-term indicators on average have been pointing out that it is a 100% Buy.
The stock’s technical analysis shows that the PEG ratio is about 2.52, with the price of BECN currently trading nearly 3.89% and 4.59% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 67.41, while the 7-day volatility ratio is showing 0.11% which for the 30-day chart, stands at 1.43%. Furthermore, Beacon Roofing Supply Inc (BECN)’s beta value is 1.33, and its average true range (ATR) is 1.62.
A comparison of Beacon Roofing Supply Inc (BECN) with its peers suggests the former has fared considerably weaker in the market. BECN showed an intraday change of -0.02% in today’s session so far, and over the past year, it grew by 30.56%%.
Data on historical trading for Beacon Roofing Supply Inc (NASDAQ:BECN) indicates that the trading volumes over the past 10 days have averaged 5.11 and over the past 3 months, they’ve averaged 1.68 million. According to company’s latest data on outstanding shares, there are 61.50 million shares outstanding.
Nearly 0.83% of Beacon Roofing Supply Inc’s shares belong to company insiders and institutional investors own 97.71% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 0.98 million shares as on 2025-03-14, resulting in a short ratio of 1.04. According to the data, the short interest in Beacon Roofing Supply Inc (BECN) stood at 205.00 of shares outstanding as of 2025-03-14; the number of short shares registered in 2025-02-14 reached 1.05 million. The stock has risen by 21.91% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the BECN stock heading into the next quarter.
