Beacon Roofing Supply Stock Price on September 30, 2023
| BECN Stock | USD 112.79 0.27 0.24% |
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 112.79, as last reported on the 29th of November, with the highest price reaching 113.87 and the lowest price hitting 111.96 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 0.19, which signifies that the company had a 0.19% return per unit of standard deviation over the last 3 months. We have found twenty-nine technical indicators for Beacon Roofing Supply, which you can use to evaluate the volatility of the firm. Please makes use of Beacon Roofing's risk adjusted performance of 0.1294, and Mean Deviation of 1.73 to double-check if our risk estimates are consistent with your expectations.
At this time, Beacon Roofing's Liabilities And Stockholders Equity is very stable compared to the past year. As of the 29th of November 2024, Other Stockholder Equity is likely to grow to about 1.3 B, while Total Stockholder Equity is likely to drop about 1 B. . At this time, Beacon Roofing's Price Earnings Ratio is very stable compared to the past year. As of the 29th of November 2024, Price Book Value Ratio is likely to grow to 4.07, while Price To Sales Ratio is likely to drop 0.58. 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 93.1958 | 50 Day MA 96.0822 | Beta 1.545 |
Beacon |
Sharpe Ratio = 0.1938
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Estimated Market Risk
| 2.35 actual daily | 20 80% of assets are more volatile |
Expected Return
| 0.46 actual daily | 9 91% of assets have higher returns |
Risk-Adjusted Return
| 0.19 actual daily | 15 85% of assets perform better |
Based on monthly moving average Beacon Roofing is performing at about 15% 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 3.6785 | Enterprise Value Ebitda 12.2949 | Price Sales 0.7227 | Shares Float 61.5 M | Wall Street Target Price 115.6767 |
Beacon Roofing Valuation on September 30, 2023
It is possible to determine the worth of Beacon Roofing on a given historical date. On September 30, 2023 Beacon was worth 79.15 at the beginning of the trading date compared to the closed value of 77.17. 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 | |
| 77.98 | 79.64 | 77.67 | 78.66 | 259,629 | |
09/29/2023 | 79.15 | 79.15 | 76.94 | 77.17 | 386,880 |
| 76.69 | 77.64 | 75.73 | 76.20 | 273,294 |
| Backtest Beacon Roofing | | | Beacon Roofing History | | | Beacon Roofing Valuation | Previous | Next |
Beacon Roofing Trading Date Momentum on September 30, 2023
| On October 02 2023 Beacon Roofing Supply was traded for 76.20 at the closing time. The top price for the day was 77.64 and the lowest listed price was 75.73 . The trading volume for the day was 273.3 K. The trading history from October 2, 2023 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 1.26% . The overall trading delta against the current closing price is 1.81% . |
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 | 63.7 M | 53.2 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 | November 29, 2024
| High |
0.00 | 0.00 |
Beacon Roofing Supply cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Beacon Roofing November 29, 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
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 | 0.1294 | |||
| Jensen Alpha | 0.2207 | |||
| Total Risk Alpha | 0.0125 | |||
| Sortino Ratio | 0.1396 | |||
| Treynor Ratio | 0.2823 |
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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 closely tied with the direction of predictive economic indicators such as signals in main economic indicators. You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
Is Trading Companies & Distributors space 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 0.01 | Earnings Share 5.85 | Revenue Per Share 153.258 | Quarterly Revenue Growth 0.073 | Return On Assets 0.0622 |
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.