Richard W. Frost Purchases 11,754 Shares of Beacon Roofing Supply, Inc. (NASDAQ:BECN) Stock

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BidaskClub upgraded shares of Beacon Roofing Supply (NASDAQ:BECN) from a hold rating to a buy rating in a research report released on Wednesday, BidAskClub reports. Several other brokerages also recently commented on BECN. Buckingham Research dropped their target price on shares of Beacon Roofing Supply from $38.00 to $31.00 and set a neutral rating on [.]

Wall street analysts expect that Beacon Roofing Supply, Inc. (NASDAQ:BECN) will announce $1.29 earnings per share for the current fiscal quarter, according to Zacks.Ten analysts have provided estimates for Beacon Roofing Supply’s earnings, with the highest EPS estimate coming in at $1.44 and the lowest estimate coming in at $1.12.

In other Beacon Roofing Supply news, Director Richard W. Frost bought 11,754 shares of Beacon Roofing Supply stock in a transaction on Thursday, June 13th. The shares were purchased at an average cost of $34.17 per share, with a total value of $401,634.18.

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Insider Trends: Insider Purchase Adds to Beacon Roofing Supply Positive Trend 4:36PM ET 6/14/2019 MT Newswires. Richard W Frost, Director, made a purchase of 11,754 shares in Beacon Roofing Supply (BECN) for $401,634 on Jun 13, 2019. Frost, after the transactions.

Beacon Roofing Supply, Inc. (NASDAQ:BECN) has been assigned a consensus rating of "Hold" from the nineteen ratings firms that are currently covering the company, MarketBeat.com reports. Two analysts have rated the stock with a sell recommendation, eleven have given a hold recommendation and six have issued a buy recommendation on the company.

Analysts expect Beacon Roofing Supply, Inc. (NASDAQ:BECN) to post sales of $2.00 billion for the current fiscal quarter, according to Zacks Investment Research. Ten analysts have issued estimates for Beacon Roofing Supply’s earnings. The lowest sales estimate is $1.95 billion and the highest is $2.03 billion.

 · Wall Street analysts expect that Beacon Roofing Supply, Inc. (NASDAQ:BECN) will announce $1.29 earnings per share for the current fiscal quarter, according to Zacks. Ten analysts have provided estimates for Beacon Roofing Supply’s earnings, with the highest EPS estimate coming in at $1.44 and the lowest estimate coming in at $1.12. Beacon Roofing Supply.

2 days ago · In related news, Director Richard W. Frost purchased 11,754 shares of Beacon Roofing Supply stock in a transaction dated Thursday, June 13th. The stock.