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The price of Beacon Roofing Supply Inc (NASDAQ: BECN) closed at $92.07 in the last session, down -3.56% from day before closing price of $95.47. In other words, the price has decreased by -$3.56 from its previous closing price. On the day, 1.35 million shares were traded. BECN stock price reached its highest trading level at $99.55 during the session, while it also had its lowest trading level at $91.47.
Ratios:
We take a closer look at BECN’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 74.37 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 49.19. For the most recent quarter (mrq), Quick Ratio is recorded 1.09 and its Current Ratio is at 1.90. In the meantime, Its Debt-to-Equity ratio is 2.11 whereas as Long-Term Debt/Eq ratio is at 2.03.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, The Benchmark Company on April 18, 2024, initiated with a Buy rating and assigned the stock a target price of $135.
On February 29, 2024, Robert W. Baird Upgraded its rating to Outperform which previously was Neutral and also upped its target price recommendation from $99 to $115.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Oct 07 ’24 when Taylor Jason L sold 2,600 shares for $90.00 per share. The transaction valued at 234,000 led to the insider holds 9,131 shares of the business.
JASON TAYLOR bought 2,600 shares of BECN for $230,750 on Oct 07 ’24. On Sep 11 ’24, another insider, Taylor Jason L, who serves as the President, West Division of the company, sold 2,500 shares for $79.78 each. As a result, the insider received 199,451 and left with 11,731 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, BECN now has a Market Capitalization of 5696499712 and an Enterprise Value of 9347139584. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.60 while its Price-to-Book (P/B) ratio in mrq is 3.25. Its current Enterprise Value per Revenue stands at 0.968 whereas that against EBITDA is 10.701.
Stock Price History:
Over the past 52 weeks, BECN has reached a high of $105.42, while it has fallen to a 52-week low of $69.94. The 50-Day Moving Average of the stock is 3.63%, while the 200-Day Moving Average is calculated to be 0.84%.
Shares Statistics:
According to the various share statistics, BECN traded on average about 752.02K shares per day over the past 3-months and 659870 shares per day over the past 10 days. A total of 63.30M shares are outstanding, with a floating share count of 61.40M. Insiders hold about 0.76% of the company’s shares, while institutions hold 98.63% stake in the company. Shares short for BECN as of 1728950400 were 1419087 with a Short Ratio of 1.89, compared to 1726185600 on 1243202. Therefore, it implies a Short% of Shares Outstanding of 1419087 and a Short% of Float of 2.96.
