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NASDAQ: BECN
Beacon Roofing Supply Inc Stock Forecast, Predictions & Price Target

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Analyst price target for BECN

Based on 7 analysts offering 12 month price targets for Beacon Roofing Supply Inc.
Min Forecast
$56.00+2.34%
Avg Forecast
$65.71+20.09%
Max Forecast
$90.00+64.47%

Should I buy or sell BECN stock?

Based on 8 analysts offering ratings for Beacon Roofing Supply Inc.
Hold
Strong Buy
1 analysts 12.5%
Buy
1 analysts 12.5%
Hold
6 analysts 75%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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BECN stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Deutsche Bank
Bottom 10%
10
Strong BuyInitiates Coverage On$90.00+64.47%2022-08-18
Stephens & Co.
Top 16%
85
HoldMaintains$64.00+16.96%2022-08-08
William Blair
Bottom 25%
25
HoldDowngradesN/AN/A2022-07-19
JP Morgan
Top 15%
86
HoldMaintains$59.00+7.82%2022-07-15
Wells Fargo
Bottom 15%
15
HoldMaintains$56.00+2.34%2022-06-28
RBC Capital
Bottom 16%
16
HoldDowngrades$58.00+5.99%2022-06-22
Raymond James
Top 1%
100
BuyMaintains$75.00+37.06%2022-05-09
Truist Securities
Top 4%
97
HoldDowngrades$58.00+5.99%2021-11-29

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Forecast return on equity

Is BECN forecast to generate an efficient return?
Company
29.86%
Industry
-29.96%
Market
121.74%
BECN's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is BECN forecast to generate an efficient return on assets?
Company
7.97%
Industry
18.59%
BECN is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

BECN earnings per share forecast

What is BECN's earnings per share in the next 3 years based on estimates from 9 analysts?
Avg 1 year Forecast
$6.90+38.28%
Avg 2 year Forecast
$5.38+7.82%
Avg 3 year Forecast
$6.41+28.46%
BECN's earnings are forecast to... subscribe to Premium to read more.
Forecast High Earnings Growth Forecast

BECN revenue forecast

What is BECN's revenue in the next 3 years based on estimates from 8 analysts?
Avg 1 year Forecast
$8.3B+8.49%
Avg 2 year Forecast
$7.3B-4.38%
Avg 3 year Forecast
$8.3B+7.79%
BECN's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

BECN earnings growth forecast

How is BECN forecast to perform vs Building Products & Equipment companies and vs the US market?
Company
8.33%
Industry
13.22%
Market
16.88%
BECN's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
BECN's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
BECN's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

BECN revenue growth forecast

How is BECN forecast to perform vs Building Products & Equipment companies and vs the US market?
Company
2.3%
Industry
4.45%
Market
8.59%
BECN's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
BECN's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

BECN vs Building Product & Equipment Stocks

TickerPricePrice TargetUp/downsideConsensus
BECN$54.72$65.71+20.09%Hold
AWI$79.23$103.71+30.90%Strong Buy
SSD$78.40$152.00+93.88%Strong Buy
LPX$51.19$70.80+38.31%Hold
AAON$53.88$72.50+34.56%Strong Buy

Beacon Roofing Supply Stock Forecast FAQ

Is Beacon Roofing Supply Stock a good buy in 2022, according to Wall Street analysts?

The consensus among 8 Wall Street analysts covering (NASDAQ: BECN) stock is to Hold BECN stock.

Out of 8 analysts, 1 (12.5%) are recommending BECN as a Strong Buy, 1 (12.5%) are recommending BECN as a Buy, 6 (75%) are recommending BECN as a Hold, 0 (0%) are recommending BECN as a Sell, and 0 (0%) are recommending BECN as a Strong Sell.

If you're new to stock investing, here's how to buy Beacon Roofing Supply stock.

What is BECN's earnings growth forecast for 2022-2023?

(NASDAQ: BECN) Beacon Roofing Supply's forecast annual earnings growth rate of 8.33% is not forecast to beat the US Building Products & Equipment industry's average forecast earnings growth rate of 13.22%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 16.88%.

Beacon Roofing Supply's earnings in 2022 is $379,100,000.On average, 9 Wall Street analysts forecast BECN's earnings for 2022 to be $448,513,807, with the lowest BECN earnings forecast at $403,662,426, and the highest BECN earnings forecast at $498,565,348. On average, 1 Wall Street analyst forecast BECN's earnings for 2023 to be $349,710,765, with the lowest BECN earnings forecast at $349,710,765, and the highest BECN earnings forecast at $349,710,765.

In 2023, BECN is forecast to generate $416,662,826 in earnings, with the lowest earnings forecast at $334,760,305 and the highest earnings forecast at $488,815,048.

What is BECN's revenue growth forecast for 2022-2023?

(NASDAQ: BECN) Beacon Roofing Supply's forecast annual revenue growth rate of 2.3% is not forecast to beat the US Building Products & Equipment industry's average forecast revenue growth rate of 4.45%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 8.59%.

Beacon Roofing Supply's revenue in 2022 is $7,675,400,000.On average, 8 Wall Street analysts forecast BECN's revenue for 2022 to be $541,273,287,377, with the lowest BECN revenue forecast at $534,745,461,427, and the highest BECN revenue forecast at $550,235,438,265. On average, 1 Wall Street analysts forecast BECN's revenue for 2023 to be $477,069,835,959, with the lowest BECN revenue forecast at $477,069,835,959, and the highest BECN revenue forecast at $477,069,835,959.

In 2023, BECN is forecast to generate $537,791,975,209 in revenue, with the lowest revenue forecast at $512,118,264,879 and the highest revenue forecast at $565,780,666,804.

What is BECN's forecast return on assets (ROA) for 2022-2025?

(NASDAQ: BECN) forecast ROA is 7.97%, which is lower than the forecast US Building Products & Equipment industry average of 18.59%.

What is BECN's Price Target?

According to 7 Wall Street analysts that have issued a 1 year BECN price target, the average BECN price target is $65.71, with the highest BECN stock price forecast at $90.00 and the lowest BECN stock price forecast at $56.00.

On average, Wall Street analysts predict that Beacon Roofing Supply's share price could reach $65.71 by Aug 18, 2023. The average Beacon Roofing Supply stock price prediction forecasts a potential upside of 20.09% from the current BECN share price of $54.72.

What is BECN's Earnings Per Share (EPS) forecast for 2022-2023?

(NASDAQ: BECN) Beacon Roofing Supply's current Earnings Per Share (EPS) is $4.99. On average, analysts forecast that BECN's EPS will be $6.90 for 2022, with the lowest EPS forecast at $6.21, and the highest EPS forecast at $7.67. On average, analysts forecast that BECN's EPS will be $5.38 for 2023, with the lowest EPS forecast at $5.38, and the highest EPS forecast at $5.38. In 2023, BECN's EPS is forecast to hit $6.41 (min: $5.15, max: $7.52).

What is BECN's forecast return on equity (ROE) for 2022-2025?

(NASDAQ: BECN) forecast ROE is 29.86%, which is considered strong.
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