Beacon Roofing Supply Stock Price on March 14, 2022
| BECN Stock | USD 97.55 1.49 1.55% |
Below is the normalized historical share price chart for Beacon Roofing Supply extending back to September 23, 2004. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Beacon Roofing stands at 97.55, as last reported on the 23rd of April, with the highest price reaching 97.93 and the lowest price hitting 96.00 during the day.
If you're considering investing in Beacon Stock, it is important to understand the factors that can impact its price. Beacon Roofing appears to be very steady, given 3 months investment horizon. Beacon Roofing Supply secures Sharpe Ratio (or Efficiency) of 0.17, which signifies that the company had a 0.17% return per unit of standard deviation over the last 3 months. We have found twenty-eight technical indicators for Beacon Roofing Supply, which you can use to evaluate the volatility of the firm. Please makes use of Beacon Roofing's mean deviation of 1.28, and Risk Adjusted Performance of 0.0825 to double-check if our risk estimates are consistent with your expectations.
At this time, Beacon Roofing's Total Stockholder Equity is very stable compared to the past year. As of the 23rd of April 2024, Liabilities And Stockholders Equity is likely to grow to about 7.2 B, while Common Stock Shares Outstanding is likely to drop about 53.1 M. . At this time, Beacon Roofing's Price To Sales Ratio is very stable compared to the past year. As of the 23rd of April 2024, Price Earnings Ratio is likely to grow to 7.30, while Price Book Value Ratio is likely to drop 1.68. Beacon Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 23rd of September 2004 | 200 Day MA 83.2142 | 50 Day MA 91.4772 | Beta 1.617 |
Beacon |
Sharpe Ratio = 0.1712
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Estimated Market Risk
| 1.68 actual daily | 14 86% of assets are more volatile |
Expected Return
| 0.29 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.17 actual daily | 13 87% of assets perform better |
Based on monthly moving average Beacon Roofing is performing at about 13% 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.
Price Book 3.3889 | Enterprise Value Ebitda 10.1506 | Price Sales 0.6814 | Shares Float 63 M | Wall Street Target Price 107.2 |
Beacon Roofing Valuation on March 14, 2022
It is possible to determine the worth of Beacon Roofing on a given historical date. On March 14, 2022 Beacon was worth 55.81 at the beginning of the trading date compared to the closed value of 55.58. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Beacon Roofing stock. Still, in general, we apply an absolute valuation method to find Beacon Roofing's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Beacon Roofing where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Beacon Roofing's related companies.
| Open | High | Low | Close | Volume | |
04/07/2022 | 55.81 | 56.51 | 55.06 | 55.58 | 345,700 |
| 55.67 | 56.91 | 55.16 | 55.79 | 290,300 |
| Backtest Beacon Roofing | | | Beacon Roofing History | | | Beacon Roofing Valuation | Next |
Beacon Roofing Trading Date Momentum on March 14, 2022
The event impact on price volatility cannot be determined at this time. Please check this event after some time to allow current data to be analyzed.Beacon Roofing Supply Fundamentals Correlations and Trends
By evaluating Beacon Roofing's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Beacon Roofing's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Beacon financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Beacon Roofing Stock history
Beacon Roofing investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Beacon is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Beacon Roofing Supply will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Beacon Roofing stock prices may prove useful in developing a viable investing in Beacon Roofing
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 72.8 M | 53.1 M | |
| Net Income Applicable To Common Shares | 436.5 M | 458.4 M |
Beacon Roofing Quarterly Net Working Capital |
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Beacon Roofing Stock Technical Analysis
Beacon Roofing technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Beacon Roofing Period Price Range
Low | April 7, 2022
| High |
55.81 | 55.58 |
Beacon Roofing April 23, 2024 Market Strength
Market strength indicators help investors to evaluate how Beacon Roofing stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Beacon Roofing shares will generate the highest return on investment. By undertsting and applying Beacon Roofing stock market strength indicators, traders can identify Beacon Roofing Supply entry and exit signals to maximize returns
| Accumulation Distribution | 8870.38 | |||
| Daily Balance Of Power | (0.16) | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 55.79 | |||
| Day Typical Price | 55.72 | |||
| Price Action Indicator | (0.32) | |||
| Period Momentum Indicator | 41.97 |
Beacon Roofing Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Beacon Roofing's price direction in advance. Along with the technical and fundamental analysis of Beacon Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Beacon to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0825 | |||
| Jensen Alpha | 0.0955 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | 0.0639 | |||
| Treynor Ratio | 0.1486 |
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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 CEOs Directory module to screen CEOs from public companies around the world.
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.
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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 0.679 | Earnings Share (0.43) | Revenue Per Share 143.168 | Quarterly Revenue Growth 0.168 | Return On Assets 0.0737 |
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.