Beacon Roofing Supply Inc (NASDAQ: BECN) is 22.24% higher on its value in year-to-date trading and has touched a low of $77.54 and a high of $124.19 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The BECN stock was last observed hovering at around $124.19 in the last trading session, with the day’s loss setting it -0.02%.
Currently trading at $124.17, the stock is 0.64% and 3.07% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 8.32 million and changing -0.02% at the moment leaves the stock 19.02% off its SMA200. BECN registered 27.73% gain for a year compared to 6-month gain of 34.41%. The firm has a 50-day simple moving average (SMA 50) of $120.4682 and a 200-day simple moving average (SMA200) of $104.3279.
The stock witnessed a 0.25% loss in the last 1 month and extending the period to 3 months gives it a 3.86%, and is 0.42% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 0.15% over the week and 0.51% over the month.
Beacon Roofing Supply Inc (BECN) has around 8068 employees, a market worth around $7.67B and $9.76B in sales. Current P/E ratio is 21.77 and Fwd P/E is 15.01. Profit margin for the company is 3.70%. Distance from 52-week low is 60.14% and -0.02% from its 52-week high. The company has generated returns on investments over the last 12 months (6.82%).
with sales reaching $2.85B over the same period.The EPS is expected to grow by 2.89% this year, but quarterly earnings will post 4.06% year-over-year. Quarterly sales are estimated to grow 6.50% in year-over-year returns.
Beacon Roofing Supply Inc (BECN) Top Institutional Holders
441.0 institutions hold shares in Beacon Roofing Supply Inc (BECN), with institutional investors hold 99.22% of the company’s shares. The shares outstanding are 61.50M, and float is at 61.27M with Short Float at 2.81%. Institutions hold 98.59% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 6.8 million shares valued at $615.63 million. The investor’s holdings represent 10.6957% of the BECN Shares outstanding. As of 2024-06-30, the second largest holder is FMR LLC with 5.47 million shares valued at $495.24 million to account for 8.6041 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 4.95 million shares representing 7.7756% and valued at over $447.55 million, while BOSTON PARTNERS holds 5.8442 of the shares totaling 3.72 million with a market value of $337.12 million.
Beacon Roofing Supply Inc (BECN) Insider Activity
The most recent transaction is an insider sale by Bennett Jonathan Stuart, the company’s President, North Division. SEC filings show that Bennett Jonathan Stuart sold 8,487 shares of the company’s common stock on Apr 07 ’25 at a price of $122.14 per share for a total of $1.04 million. Following the sale, the insider now owns 22642.0 shares.
Beacon Roofing Supply Inc disclosed in a document filed with the SEC on Apr 04 ’25 that Taylor Jason L (President, West Division) sold a total of 31,124 shares of the company’s common stock. The trade occurred on Apr 04 ’25 and was made at $123.37 per share for $3.84 million. Following the transaction, the insider now directly holds 12287.0 shares of the BECN stock.
Still, SEC filings show that on Apr 04 ’25, Harrell Martin S. (President, Waterproofing) disposed off 2,867 shares at an average price of $123.25 for $0.35 million. The insider now directly holds 18,543 shares of Beacon Roofing Supply Inc (BECN).
