Beacon Roofing Supply Stock Performance
| BECN Stock | USD 97.94 2.03 2.03% |
On a scale of 0 to 100, Beacon Roofing holds a performance score of 11. The firm shows a Beta (market volatility) of 0.33, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Beacon Roofing's returns are expected to increase less than the market. However, during the bear market, the loss of holding Beacon Roofing is expected to be smaller as well. Please check Beacon Roofing's value at risk, rate of daily change, and the relationship between the total risk alpha and expected short fall , to make a quick decision on whether Beacon Roofing's price patterns will revert.
Risk-Adjusted Performance
11 of 100
Weak | Strong |
Good
Compared to the overall equity markets, risk-adjusted returns on investments in Beacon Roofing Supply are ranked lower than 11 (%) of all global equities and portfolios over the last 90 days. In spite of very unfluctuating fundamental indicators, Beacon Roofing displayed solid returns over the last few months and may actually be approaching a breakup point. ...more
Actual Historical Performance (%)
One Day Return 4.24 | Five Day Return 7.01 | Year To Date Return 15.59 | Ten Year Return 197.88 | All Time Return 837.8 |
Last Split Factor 3:2 | Last Split Date 2006-06-13 |
1 | Beacon Launches Fourth Annual Campaign Recognizing Female Roofing Professionals | 03/08/2024 |
2 | Acquisition by Guzman Sam of 1158 shares of Beacon Roofing subject to Rule 16b-3 | 03/12/2024 |
3 | Acquisition by Christine Reddy of 3109 shares of Beacon Roofing at 84.9 subject to Rule 16b-3 | 03/22/2024 |
4 | Beacon Roofing Up 12.8 percent Since Last Earnings Report Can It Continue | 03/28/2024 |
5 | Beacon Buys General Siding Supply, Boosts Presence | 04/16/2024 |
6 | Beacon Announces Acquisition of Smalley Company, a Regional Specialty Waterproofing Distributor | 05/01/2024 |
7 | 05/02/2024 |
8 | Beacon Roofing Supply Inc Q1 2024 Earnings Call Transcript Highlights Strategic Growth ... | 05/03/2024 |
9 | Insider Trading | 05/06/2024 |
10 | Beacon Announces Additional 225 Million Accelerated Share Repurchase Program | 05/10/2024 |
| Begin Period Cash Flow | 67.7 M |
Beacon |
Beacon Roofing Relative Risk vs. Return Landscape
If you would invest 8,508 in Beacon Roofing Supply on February 16, 2024 and sell it today you would earn a total of 1,286 from holding Beacon Roofing Supply or generate 15.12% return on investment over 90 days. Beacon Roofing Supply is currently generating 0.237% in daily expected returns and assumes 1.6437% risk (volatility on return distribution) over the 90 days horizon. In different words, 14% of stocks are less volatile than Beacon, and 96% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Beacon Roofing Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Beacon Roofing's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Beacon Roofing Supply, and traders can use it to determine the average amount a Beacon Roofing's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.1442
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | BECN | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 1.64 actual daily | 14 86% of assets are more volatile |
Expected Return
| 0.24 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.14 actual daily | 11 89% of assets perform better |
Based on monthly moving average Beacon Roofing is performing at about 11% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Beacon Roofing by adding it to a well-diversified portfolio.
Beacon Roofing Fundamentals Growth
Beacon Stock prices reflect investors' perceptions of the future prospects and financial health of Beacon Roofing, and Beacon Roofing fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Beacon Stock performance.
| Return On Equity | 0.2 | ||||
| Return On Asset | 0.0692 | ||||
| Profit Margin | 0.04 % | ||||
| Operating Margin | 0.04 % | ||||
| Current Valuation | 9.23 B | ||||
| Shares Outstanding | 63.6 M | ||||
| Price To Earning | 23.23 X | ||||
| Price To Book | 3.39 X | ||||
| Price To Sales | 0.68 X | ||||
| Revenue | 9.12 B | ||||
| Gross Profit | 2.24 B | ||||
| EBITDA | 895.8 M | ||||
| Net Income | 400.9 M | ||||
| Cash And Equivalents | 94.7 M | ||||
| Cash Per Share | 1.46 X | ||||
| Total Debt | 2.92 B | ||||
| Debt To Equity | 1.06 % | ||||
| Current Ratio | 1.92 X | ||||
| Book Value Per Share | 28.94 X | ||||
| Cash Flow From Operations | 787.8 M | ||||
| Earnings Per Share | (0.59) X | ||||
| Market Capitalization | 6.1 B | ||||
| Total Asset | 6.21 B | ||||
| Retained Earnings | 618.8 M | ||||
| Working Capital | 1.33 B | ||||
| Current Asset | 1.3 B | ||||
| Current Liabilities | 536.84 M | ||||
About Beacon Roofing Performance
To evaluate Beacon Roofing Supply Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Beacon Roofing generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Beacon Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Beacon Roofing Supply market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Beacon's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 66.13 | 46.51 | |
| Return On Tangible Assets | 0.11 | 0.12 | |
| Return On Capital Employed | 0.16 | 0.14 | |
| Return On Assets | 0.07 | 0.07 | |
| Return On Equity | 0.24 | 0.25 |
Things to note about Beacon Roofing Supply performance evaluation
Checking the ongoing alerts about Beacon Roofing for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Beacon Roofing Supply help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Over 96.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from businesswire.com: Beacon Announces Additional 225 Million Accelerated Share Repurchase Program |
- Analyzing Beacon Roofing's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Beacon Roofing's stock is overvalued or undervalued compared to its peers.
- Examining Beacon Roofing's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Beacon Roofing's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Beacon Roofing's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Beacon Roofing's stock. These opinions can provide insight into Beacon Roofing's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Beacon Roofing Supply. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators. Note that the Beacon Roofing Supply information on this page should be used as a complementary analysis to other Beacon Roofing's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
Complementary Tools for Beacon Stock analysis
When running Beacon Roofing's price analysis, check to measure Beacon Roofing's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Beacon Roofing is operating at the current time. Most of Beacon Roofing's value examination focuses on studying past and present price action to predict the probability of Beacon Roofing's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Beacon Roofing's price. Additionally, you may evaluate how the addition of Beacon Roofing to your portfolios can decrease your overall portfolio volatility.
| Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. | |
| Equity Valuation Check real value of public entities based on technical and fundamental data | |
| Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
| Top Crypto Exchanges Search and analyze digital assets across top global cryptocurrency exchanges | |
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
| Transaction History View history of all your transactions and understand their impact on performance | |
| Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities | |
| Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins |
Is Beacon Roofing's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Beacon Roofing. If investors know Beacon will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Beacon Roofing listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.65) | Earnings Share (0.59) | Revenue Per Share 146.397 | Quarterly Revenue Growth 0.104 | Return On Assets 0.0692 |
The market value of Beacon Roofing Supply is measured differently than its book value, which is the value of Beacon that is recorded on the company's balance sheet. Investors also form their own opinion of Beacon Roofing's value that differs from its market value or its book value, called intrinsic value, which is Beacon Roofing's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Beacon Roofing's market value can be influenced by many factors that don't directly affect Beacon Roofing's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Beacon Roofing's value and its price as these two are different measures arrived at by different means. Investors typically determine if Beacon Roofing is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Beacon Roofing's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.