Demystifying Beacon Roofing Supply: Insights From 4 Analyst Reviews
Portfolio Pulse from Benzinga Insights
Beacon Roofing Supply (NASDAQ:BECN) has been reviewed by 4 analysts over the past three months, with mixed opinions ranging from bullish to indifferent. The average 12-month price target is $99.75, with a high of $119.00 and a low of $80.00. Analysts from JP Morgan and Stifel have adjusted their price targets and ratings, reflecting their latest views on the company's performance. Beacon Roofing Supply's financial health shows a revenue growth of 7.0%, but it lags in net margin, ROE, and ROA compared to industry averages. The company's debt-to-equity ratio is below the industry average, indicating a healthier balance between debt and equity.
January 11, 2024 | 8:00 pm
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NEUTRAL IMPACT
Beacon Roofing Supply has received mixed reviews from analysts, with an average 12-month price target of $99.75. The company's financial indicators show positive revenue growth but below-average profitability and efficiency metrics.
The mixed analyst ratings and unchanged average price target suggest a neutral short-term impact on BECN's stock price. The positive revenue growth is a good sign, but the below-average profitability and efficiency metrics could temper investor enthusiasm. The adjustments in price targets by analysts from JP Morgan and Stifel indicate that there is some level of uncertainty and reevaluation of the company's prospects, which could lead to a neutral market reaction in the short term.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100