We rank companies based on fund manager, research analyst and news sentiment
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Beacon Roofing Supply
BECN

$97.14
0.59%
 

About: Beacon Roofing Supply Inc manufactures and sells roofing and building materials throughout the United States and Canada. Beacon's key customers consist of contractors, home builders, lumberyards, retailers, wholesale distributors, and building materials suppliers. The company's product portfolio includes both residential and non-residential roofing materials, siding, windows, and waterproofing systems. The majority of revenue is generated from residential and non-residential roofing products. The vast majority of Beacon's revenue comes from the United States.

Employees: 8,063

0
Funds holding %
of 6,474 funds
0
Analysts bullish %
of 7 analysts
0
News positive %
of 11 articles

Fund manager confidence

Based on 2023 Q4 SEC filings by fund managers ($100M+ AUM)

299% more call options, than puts

Call options by funds: $16M | Put options by funds: $4.02M

243% more first-time investments, than exits

New positions opened: 72 | Existing positions closed: 21

75% more funds holding in top 10

Funds holding in top 10: 4 [Q3] → 7 (+3) [Q4]

48% more repeat investments, than reductions

Existing positions increased: 121 | Existing positions reduced: 82

20% more funds holding

Funds holding: 259 [Q3] → 310 (+51) [Q4]

13% more capital invested

Capital invested by funds: $4.82B [Q3] → $5.42B (+$604M) [Q4]

0.4% less ownership

Funds ownership: 98.87% [Q3] → 98.46% (-0.4%) [Q4]

Research analyst outlook

7 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target
$80
18%
downside
Avg. target
$107
10%
upside
High target
$120
24%
upside

7 analyst ratings

positive
86%
neutral
14%
negative
0%
BMO Capital
Ketan Mamtora
24%upside
$120
Outperform
Maintained
11 Apr 2024
Loop Capital
Garik Shmois
18%upside
$115
Buy
Maintained
1 Apr 2024
Baird
David Manthey
18%upside
$115
Outperform
Upgraded
29 Feb 2024
JP Morgan
Michael Rehaut
0%downside
$97
Overweight
Maintained
11 Jan 2024
Stifel
Stanley Elliott
23%upside
$119
Buy
Maintained
19 Dec 2023

Financial journalist opinion

Based on 11 articles about BECN published over the past 30 days