Beacon Roofing Supply Stock Performance

BECN Stock  USD 95.05  0.20  0.21%   
Beacon Roofing has a performance score of 7 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 1.54, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Beacon Roofing will likely underperform. Beacon Roofing Supply right now shows a risk of 1.78%. Please confirm Beacon Roofing Supply value at risk, daily balance of power, and the relationship between the total risk alpha and expected short fall , to decide if Beacon Roofing Supply will be following its price patterns.

Risk-Adjusted Performance

7 of 100

 
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Compared to the overall equity markets, risk-adjusted returns on investments in Beacon Roofing Supply are ranked lower than 7 (%) of all global equities and portfolios over the last 90 days. In spite of very weak fundamental indicators, Beacon Roofing may actually be approaching a critical reversion point that can send shares even higher in April 2024. ...more

Actual Historical Performance (%)

One Day Return
0.21
Five Day Return
(0.26)
Year To Date Return
9.9
Ten Year Return
148.24
All Time Return
791.65
Last Split Factor
3:2
Last Split Date
2006-06-13
1
Exercise or conversion by Welker Rick C of 1467 shares of Beacon Roofing subject to Rule 16b-3
01/12/2024
2
CDR Boulder sells 5.22M shares of Beacons common stock
01/18/2024
3
Beacon to Announce Fourth Quarter and Full Year 2023 Earnings on February 27, 2024
02/06/2024
4
Beacon Roofing Supply Inc Posts Record Sales and Strong Net Income in Q4 and Full Year 2023
02/27/2024
5
Beacon Roofing Supply Full Year 2023 Earnings EPS Misses Expectations
02/29/2024
6
Beacon Roofing Supply Upgraded to Outperform by Robert W. Baird
03/01/2024
7
GMS Buys Kamco for 321.5M, Expects Cost Revenue Synergies
03/05/2024
8
Beacon Roofing Supply, Inc. Receives Consensus Recommendation of Moderate Buy from Analysts - MarketBeat
03/07/2024
9
Acquisition by Guzman Sam of 1158 shares of Beacon Roofing subject to Rule 16b-3
03/12/2024
10
Disposition of 575 shares by James Gosa of Beacon Roofing subject to Rule 16b-3
03/13/2024
11
How these four Toronto hospitals are making your ER visits less frustrating
03/18/2024
12
Disposition of 1805 shares by Jason Taylor of Beacon Roofing at 95.0 subject to Rule 16b-3
03/21/2024
13
Acquisition by Christine Reddy of 3109 shares of Beacon Roofing at 84.9 subject to Rule 16b-3
03/22/2024
14
Beacon Behavioral Partners Expands to Florida with the Addition ofThe Neuropsychiatry TMS Group
03/27/2024
Begin Period Cash Flow67.7 M
Free Cash Flow664.9 M
  

Beacon Roofing Relative Risk vs. Return Landscape

If you would invest  8,702  in Beacon Roofing Supply on December 29, 2023 and sell it today you would earn a total of  803.00  from holding Beacon Roofing Supply or generate 9.23% return on investment over 90 days. Beacon Roofing Supply is currently generating 0.1604% in daily expected returns and assumes 1.7776% risk (volatility on return distribution) over the 90 days horizon. In different words, 15% of stocks are less volatile than Beacon, and 97% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon.
  Expected Return   
       Risk  
Given the investment horizon of 90 days Beacon Roofing is expected to generate 3.1 times more return on investment than the market. However, the company is 3.1 times more volatile than its market benchmark. It trades about 0.09 of its potential returns per unit of risk. The NYSE Composite is currently generating roughly 0.23 per unit of 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 = 0.0903

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Estimated Market Risk

 1.78
  actual daily
15
85% of assets are more volatile

Expected Return

 0.16
  actual daily
3
97% of assets have higher returns

Risk-Adjusted Return

 0.09
  actual daily
7
93% of assets perform better
Based on monthly moving average Beacon Roofing is performing at about 7% 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.

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 ReportedProjected for 2024
Return On Capital Employed 0.18  0.13 
Return On Assets 0.07  0.07 
Return On Equity 0.18  0.19 

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 93.0% of the company shares are held by institutions such as insurance companies
Latest headline from finance.yahoo.com: Beacon Behavioral Partners Expands to Florida with the Addition ofThe Neuropsychiatry TMS Group
Evaluating Beacon Roofing's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Beacon Roofing's stock performance include:
  • 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.
It's essential to remember that evaluating Beacon Roofing's stock performance is not an exact science, and many factors can impact Beacon Roofing's stock market price. Therefore, it's also important to diversify your portfolio and not rely solely on one company or stock for your investments.
When determining whether Beacon Roofing Supply offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Beacon Roofing's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Beacon Roofing Supply Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Beacon Roofing Supply Stock:
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 Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.

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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.