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Summit Materials (SUM)
NYSE:SUM
Holding SUM?
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SUM Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$33.18 - $51.74
Previous Close$50.1
Volume1.13M
Average Volume (3M)1.27M
Market Cap
$8.80B
Enterprise Value$10.94B
Total Cash (Recent Filing)$737.54M
Total Debt (Recent Filing)$2.88B
Price to Earnings (P/E)60.8
Beta1.27
Next Earnings
Feb 05, 2025EPS Estimate
$0.41Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)0.82
Shares Outstanding175,605,396
10 Day Avg. Volume1,531,893
30 Day Avg. Volume1,266,822
Standard Deviation0.11
R-Squared0.29
Alpha0.00465
Financial Highlights & Ratios
Price to Book (P/B)1.94
Price to Sales (P/S)2.84
Price to Cash Flow (P/CF)9.50
P/FCF Ratio16.40
Enterprise Value/Market CapN/A
Enterprise Value/Revenue2.81
Enterprise Value/Gross Profit14.45
Enterprise Value/Ebitda12.17
Forecast
1Y Price Target
$52.88Price Target Upside7.94% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering9
Summit Materials News
Bulls Say, Bears Say
Bulls Say
Financial PerformanceSUM was able to expand its EBITDA margin, indicating strong performance and effective self-help initiatives.
Industry DynamicsThere is an attractive risk/reward in shares of Summit, specifically driven by its vertically integrated business model with further synergy realization.
Market PositionStrong industry pricing power is expected to benefit Summit, reflecting its robust market position.
Bears Say
Business PerformanceCement business volumes decreased by 11.3% due to moderating demand and adverse weather conditions.
Deal NegotiationsShares could pullback to the low to mid 40s if SUM can't agree on a deal with Quikrete or other potential suitors.
Financial GuidanceThere was a minor adjustment in FY24 guidance, with expected EBITDA slightly lowered to $970-1,000 million.
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Ownership Overview
0.45% Insiders
32.08% Mutual Funds
7.62% Other Institutional Investors
47.35% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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SUM FAQ
What was Summit Materials’s price range in the past 12 months?
Summit Materials lowest stock price was $33.17 and its highest was $51.74 in the past 12 months.
What is Summit Materials’s market cap?
Currently, no data Available
When is Summit Materials’s upcoming earnings report date?
Summit Materials’s upcoming earnings report date is Feb 05, 2025 which is in 75 days.
How were Summit Materials’s earnings last quarter?
Summit Materials released its earnings results on Oct 30, 2024. The company reported $0.75 earnings per share for the quarter, beating the consensus estimate of $0.681 by $0.069.
Is Summit Materials overvalued?
According to Wall Street analysts Summit Materials’s price is currently Undervalued.
Does Summit Materials pay dividends?
Summit Materials does not currently pay dividends.
What is Summit Materials’s EPS estimate?
Summit Materials’s EPS estimate is $0.41.
How many shares outstanding does Summit Materials have?
Summit Materials has 175,605,400 shares outstanding.
What happened to Summit Materials’s price movement after its last earnings report?
Summit Materials reported an EPS of $0.75 in its last earnings report, beating expectations of $0.681. Following the earnings report the stock price went up 2.133%.
Which hedge fund is a major shareholder of Summit Materials?
Among the largest hedge funds holding Summit Materials’s share is Harvey Partners LLC. It holds Summit Materials’s shares valued at 27M.
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Summit Materials Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Strong Buy
Average Price Target:
$52.88 (7.94% Upside)
$52.88 (7.94% Upside)
Blogger Sentiment
Bullish
SUM Sentiment 100%
Sector Average 71%
Sector Average 71%
Hedge Fund Trend
Decreased
By 8.8K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Positive
Last 7 Days ▼ 1.9%
Last 30 Days ▲ 8.7%
Last 30 Days ▲ 8.7%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
49.28%
12-Months-Change
Fundamentals
Return on Equity
4.37%
Trailing 12-Months
Asset Growth
93.06%
Trailing 12-Months
Company Description
Summit Materials
Summit Materials, Inc. is a construction materials company. It manufactures construction materials and related downstream products. The company operates its business through the following segments: Cement, West and East. The Cement consists of its Hannibal, Missouri and Davenport, Iowa cement plants and distribution terminals along the Mississippi river from Minnesota to Louisiana. The West segment includes operations in Texas, Utah, Colorado, Idaho, Wyoming and Nevada and in British Columbia, Canada. The East segments serves markets extending across the Midwestern and Eastern United States, most notably in Kansas, Missouri, Virginia, Kentucky, North Carolina, South Carolina and Nebraska where the company supplies aggregates, ready mix concrete, asphalt paving mix and paving and related services. The company was founded by Thomas W. Hill on September 23, 2014 and is headquartered in Denver, CO.
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SUM Company Deck
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SUM Earnings Call
Q3 2024
0:00 / 0:00
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SUM Stock 12 Month Forecast
Average Price Target
$52.88
▲(7.94% Upside)
Technical Analysis
Best Analysts Covering SUM
1 Year
1 Year Success Rate
24/28 ratings generated profit
1 Year Average Return
+31.56%
reiterated a buy rating 4 months ago
Copying Stanley Elliott's trades and holding each position for 1 Year would result in 85.71% of your transactions generating a profit, with an average return of +31.56% per trade.
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