BECN (Beacon Roofing Supply) 6-1 Month Momentum % : 2.43% (As of Dec. 13, 2024)

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What is Beacon Roofing Supply 6-1 Month Momentum %?

6-1 Month Momentum % is the total return of the stock from 6-month ago to 1-month ago. As of today (2024-12-13), Beacon Roofing Supply's 6-1 Month Momentum % is 2.43%.

The industry rank for Beacon Roofing Supply's 6-1 Month Momentum % or its related term are showing as below:

BECN's 6-1 Month Momentum % is ranked better than
63.4% of 153 companies
in the Industrial Distribution industry
Industry Median: -3.86 vs BECN: 2.43

Competitive Comparison of Beacon Roofing Supply's 6-1 Month Momentum %

For the Industrial Distribution subindustry, Beacon Roofing Supply's 6-1 Month Momentum %, along with its competitors' market caps and 6-1 Month Momentum % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Beacon Roofing Supply's 6-1 Month Momentum % Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Beacon Roofing Supply's 6-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where Beacon Roofing Supply's 6-1 Month Momentum % falls into.

Beacon Roofing Supply (NAS:BECN) 6-1 Month Momentum % Calculation

6-1 Month Momentum % is calculated as following:

6-1 Month Momentum %

( Price 1-month ago

Price 6-month ago

- 1 )

100 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Beacon Roofing Supply (NAS:BECN) 6-1 Month Momentum % Explanation

Momentum investing is a trading strategy in which investors buy securities that are rising and sell before the prices start to go back down. The 6-1 Month Momentum % measures the total return to a stock over the past six months, but ignores the previous month.

The reason why the most recent month’s return dropped related to the short-term reversal effect associated with momentum. There is an academic finding that short-term momentum actually has a reversal effect, whereby the previous winners (measured over the past months) do poorly the next month, while the previous losers do well the next month. In order to eliminate the short-term reversal effect, the previous month return was not included in this calculation.

Beacon Roofing Supply 6-1 Month Momentum % Related Terms

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Beacon Roofing Supply Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Distribution » Beacon Roofing Supply Inc (NAS:BECN) » Definitions » 6-1 Month Momentum %

Comparable Companies

Traded in Other Exchanges

OWY:Germany OWY:Germany

Address

505 Huntmar Park Drive, Suite 300, Herndon, VA, USA, 20170

Website

https://www.becn.com

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.

Executives

Jason L Taylor	officer: President, West Division	505 HUNTMAR PARK DR, SUITE 300, HERNDON VA 20170
Best Clement Munroe Iii	officer: President, South Division	505 HUNTMAR PARK DR, SUITE 300, HERNDON VA 20170
James J Gosa	officer: President, North/Canada Div.	505 HUNTMAR PARK DR, SUITE 300, HERNDON VA 20170
Christopher Carl Nelson	officer: EVP, CIO	505 HUNTMAR PARK DR, SUITE 300, HERNDON VA 20170
Stuart A Randle	director	585 WEST 500 SOUTH, BOUNTIFUL UT 84010
Julian Francis	director, officer: President & CEO	ONE OWENS CORNING PARKWAY, TOLEDO OH 43659
Cd&r Investment Associates Ix, Ltd.	10 percent owner	MAPLES CORPORATE SERVICES LIMITED, UGLAND HOUSE, GRAND CAYMAN E9 KY101194
Robert M Mclaughlin	director	C/O AIRGAS, INC., 259 NORTH RADNOR-CHESTER RD, RADNOR PA 19087
Martin S. Harrell	officer: President, Waterproofing	3401 PHILIPS HWY, JACKSONVILLE FL 32207
Christine Stroh Reddy	officer: EVP, General Counsel	505 HUNTMAR PARK DRIVE, SUITE 300, HERNDON VA 20170
Racquel Harris Mason	director	C/O ELANCO ANIMAL HEALTH INCORPORATED, 2500 INNOVATION WAY, GREENFIELD IN 46140
Hart Melanie Housey	director	POOL CORPORATION, 109 NORTHPARK BLVD, COVINGTON LA 70433
Frank A Lonegro	officer: EVP & Chief Financial Officer	500 WATER STREET, JACKSONVILLE FL 32202
Jonathan Stuart Bennett	officer: EVP & CCO	505 HUNTMAR PARK DR, SUITE 300, HERNDON VA 20170
Sean M. Mcdevitt	officer: EVP & CHRO	505 HUNTMAR PARK DR, SUITE 300, HERNDON VA 20170