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In the latest session, Beacon Roofing Supply Inc (NASDAQ: BECN) closed at $80.11 down -0.17% from its previous closing price of $80.25. In other words, the price has decreased by -$0.17 from its previous closing price. On the day, 0.71 million shares were traded. BECN stock price reached its highest trading level at $81.13 during the session, while it also had its lowest trading level at $79.2.
Ratios:
For a deeper understanding of Beacon Roofing Supply Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 64.71 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 42.80. 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:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Aug 07 ’24 when Gandhi Prithvi bought 5,000 shares for $82.29 per share. The transaction valued at 411,450 led to the insider holds 5,000 shares of the business.
Nelson Christopher Carl sold 1,627 shares of BECN for $138,295 on Aug 02 ’24. The EVP & CTO now owns 320 shares after completing the transaction at $85.00 per share. On Aug 02 ’24, another insider, CHRISTOPHER NELSON, who serves as the Officer of the company, bought 1,627 shares for $85.00 each.
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 4956517888 and an Enterprise Value of 8568215552. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.52 while its Price-to-Book (P/B) ratio in mrq is 2.83. Its current Enterprise Value per Revenue stands at 0.905 whereas that against EBITDA is 9.802.
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 $68.50. The 50-Day Moving Average of the stock is -11.37%, while the 200-Day Moving Average is calculated to be -11.30%.
Shares Statistics:
For the past three months, BECN has traded an average of 772.96K shares per day and 641450 over the past ten days. A total of 63.30M shares are outstanding, with a floating share count of 61.41M. Insiders hold about 0.75% of the company’s shares, while institutions hold 98.57% stake in the company. Shares short for BECN as of 1723680000 were 1623819 with a Short Ratio of 2.10, compared to 1721001600 on 1716593. Therefore, it implies a Short% of Shares Outstanding of 1623819 and a Short% of Float of 3.3800002000000005.
