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

Analyst price target for BECN

Based on 4 analysts offering 12 month price targets for Beacon Roofing Supply Inc.
Min Forecast
$80.00-5.04%
Avg Forecast
$97.50+15.73%
Max Forecast
$119.00+41.25%

Should I buy or sell BECN stock?

Based on 4 analysts offering ratings for Beacon Roofing Supply Inc.
Strong Buy
Strong Buy
2 analysts 50%
Buy
1 analysts 25%
Hold
1 analysts 25%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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BECN stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-01-11
lockedlocked$00.00+00.00%2023-12-19
lockedlocked$00.00+00.00%2023-10-17
lockedlocked$00.00+00.00%2023-10-05

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Forecast return on equity

Is BECN forecast to generate an efficient return?
Company
N/A
Industry
N/A
Market
20.29%

Forecast return on assets

Is BECN forecast to generate an efficient return on assets?
Company
N/A
Industry
N/A

BECN revenue forecast

What is BECN's revenue in the next 3 years based on estimates from 8 analysts?
Avg 1 year Forecast
$9.3B+2.42%
Avg 2 year Forecast
$9.7B+5.9%
Avg 3 year Forecast
$9.8B+7.27%
BECN's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

BECN revenue growth forecast

How is BECN forecast to perform vs Industrial Distribution companies and vs the US market?
Company
2.73%
Industry
5.22%
Market
11.16%
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 Industrial Distribution Stocks

TickerPricePrice TargetUp/downsideConsensus
BECN$84.25$97.50+15.73%Strong Buy
MSM$100.75$113.00+12.16%Strong Buy
AIT$190.93$195.00+2.13%Strong Buy
WCC$146.04$172.60+18.19%Buy
SITE$165.02$180.43+9.34%Buy

Beacon Roofing Supply Stock Forecast FAQ

Is Beacon Roofing Supply Stock a good buy in 2024, according to Wall Street analysts?

The consensus among 4 Wall Street analysts covering (NASDAQ: BECN) stock is to Strong Buy BECN stock.

Out of 4 analysts, 2 (50%) are recommending BECN as a Strong Buy, 1 (25%) are recommending BECN as a Buy, 1 (25%) 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 revenue growth forecast for 2024-2026?

(NASDAQ: BECN) Beacon Roofing Supply's forecast annual revenue growth rate of 2.73% is not forecast to beat the US Industrial Distribution industry's average forecast revenue growth rate of 5.22%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 11.16%.

Beacon Roofing Supply's revenue in 2024 is $9,119,800,000.On average, 8 Wall Street analysts forecast BECN's revenue for 2024 to be $592,485,713,110, with the lowest BECN revenue forecast at $575,845,304,890, and the highest BECN revenue forecast at $600,570,966,348. On average, 7 Wall Street analysts forecast BECN's revenue for 2025 to be $612,597,672,705, with the lowest BECN revenue forecast at $592,331,193,584, and the highest BECN revenue forecast at $630,149,784,189.

In 2026, BECN is forecast to generate $620,551,939,563 in revenue, with the lowest revenue forecast at $620,551,939,563 and the highest revenue forecast at $620,551,939,563.

What is BECN's forecast return on assets (ROA) for 2024-2026?

(NASDAQ: BECN) forecast ROA is N/A, which is lower than the forecast US Industrial Distribution industry average of N/A.

What is BECN's Price Target?

According to 4 Wall Street analysts that have issued a 1 year BECN price target, the average BECN price target is $97.50, with the highest BECN stock price forecast at $119.00 and the lowest BECN stock price forecast at $80.00.

On average, Wall Street analysts predict that Beacon Roofing Supply's share price could reach $97.50 by Jan 11, 2025. The average Beacon Roofing Supply stock price prediction forecasts a potential upside of 15.73% from the current BECN share price of $84.25.

What is BECN's forecast return on equity (ROE) for 2024-2026?

(NASDAQ: BECN) forecast ROE is N/A, which is considered weak.
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