- Beacon Roofing Supply projects Q1 net sales between $1.90 billion and $1.92 billion.
- Analyst price targets for BECN show a potential modest upside at current prices.
- GuruFocus estimates indicate a potential downside based on current valuations.
Beacon Roofing Supply (BECN, Financial) is paving the path for its first-quarter financial results with expectations of net sales ranging between $1.90 billion and $1.92 billion. Despite these robust sales figures, the company foresees a net loss between $41.3 million and $45.3 million. The projected adjusted EBITDA is set to be between $80 million and $84 million, paired with capital expenditures estimated to fall between $10 million and $15 million.
Wall Street Analysts' Forecast
Wall Street's one-year price targets for Beacon Roofing Supply Inc (BECN, Financial) reveal an average target of $123.93, with estimates stretching as high as $140.00 and as low as $111.71. This average target price features a slight upside of 0.07% from the prevailing price of $123.85. Investors can explore more granular estimate information on the Beacon Roofing Supply Inc (BECN) Forecast page.
Brokerage Recommendations
Beacon Roofing Supply Inc (BECN, Financial) maintains a "Hold" status with an average brokerage recommendation of 2.9 among 14 firms. This recommendation scale spans from 1 to 5, where 1 symbolizes a Strong Buy and 5 indicates a Sell.
GF Value and Long-Term Outlook
According to GuruFocus estimates, the GF Value for Beacon Roofing Supply Inc (BECN, Financial) is projected to be $100.53 in one year, suggesting a potential downside of 18.83% from the current price of $123.85. The GF Value derives from historical multiples, past business growth, and future business performance estimates. For an in-depth analysis, investors can access more comprehensive data on the Beacon Roofing Supply Inc (BECN) Summary page.
