Summit Materials found using ticker (SUM) now have 16 analysts covering the stock. The analyst consensus points to a rating of ''Buy''. The range between the high target price and low target price is between 52 and 28.5 and has a mean target at 38. Given that the stocks previous close was at 26.07 this now indicates there is a potential upside of 45.8%. There is a 50 day moving average of 28.31 while the 200 day moving average is 30.35. The company has a market capitalisation of $2,944m. Find out more information at: https://summit-materials.com [stock_market_widget type="chart" template="basic" color="green" assets="SUM" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $4,292m based on the market concensus. Summit Materials, through its subsidiaries, produces and sells construction materials and related downstream products for the public infrastructure, and residential and nonresidential end markets. It operates through three segments: West, East, and Cement.
In this article, I outline why I see potential in SUM stock while noting there are some uncertainties that lead me to take a cautious stance on investments in Summit. Read more here.
Summit Materials (SUM) announced that Brian J. Harris, Executive VP and CFO plans to retire after a decade with the company
Summit Materials found using ticker (SUM) have now 16 analysts in total covering the stock. The consensus rating is ''Buy''. The target price ranges between 52 and 28.5 with the average target price sitting at 39.25. Given that the stocks previous close was at 31.35 this indicates there is a potential upside of 25.2%. There is a 50 day moving average of 25.87 and the 200 moving average now moves to 31.74. The company has a market capitalisation of $3,768m. Find out more information at: https://summit-materials.com [stock_market_widget type="chart" template="basic" color="green" assets="SUM" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $4,717m based on the market concensus. Summit Materials, through its subsidiaries, produces and sells construction materials and related downstream products for the public infrastructure, and residential and nonresidential end markets. It operates through three segments: West, East, and Cement. The company''s products include aggregates, cement, ready-mix concrete, asphalt paving mixes, and concrete products, as well as plastics components.
Summit Materials, Inc. (NYSE:NYSE:SUM) Q2 2022 Earnings Conference Call August 4, 2022 11:00 ET Company Participants Karli Anderson - Investor Relations Anne Noonan - Chief Executive…
The following slide deck was published by Summit Materials, Inc.
Summit Materials found using ticker (SUM) have now 16 analysts in total covering the stock. The consensus rating is ''Buy''. The range between the high target price and low target price is between 50 and 26 with a mean TP of 36.5. Now with the previous closing price of 29.39 this would imply there is a potential upside of 24.2%. The day 50 moving average is 25.49 and the 200 day moving average is 31.85. The market capitalisation for the company is $3,579m. Visit the company website at: https://summit-materials.com [stock_market_widget type="chart" template="basic" color="green" assets="SUM" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $4,444m based on the market concensus. Summit Materials, through its subsidiaries, produces and sells construction materials and related downstream products for the public infrastructure, and residential and nonresidential end markets. It operates through three segments: West, East, and Cement. The company''s products include aggregates, cement, ready-mix concrete, asphalt paving mixes, and concrete products, as well as plastics components.
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Summit Materials (NYSE: SUM ) reported its Q2 earnings results on Wednesday, August 3, 2022 at 04:15 PM. Here''s what investors need to know about the announcement. Earnings Summit Materials beat estimated earnings by 7.14%, reporting an EPS of $0.6 versus an … Full story available on Benzinga.com
Summit Materials press release (SUM): Q2 Non-GAAP EPS of $0.60 beats by $0.07.Revenue of $631.92M (+2.2% Y/Y) misses by $2.75M.For the full year 2022, the company is reiterating…
DENVER--(BUSINESS WIRE)--Summit Materials, Inc. (NYSE: SUM) (“Summit,” “Summit Materials,” "Summit Inc." or the “Company”), a leading vertically integrated construction materials company, today announced results for the second quarter ended July 2, 2022 (“second quarter”). All comparisons are versus the quarter ended July 3, 2021 unless noted otherwise. Three months ended ($ in thousands) July 2, 2022 July 3, 2021 % Chg vs. PY Net revenue $ 631,918 $ 618,530 2.2 % Operating inco
Summit Materials (SUM) is scheduled to announce Q2 earnings results on Wednesday, August 3rd, after market close.The consensus EPS Estimate is $0.53 (+8.2% Y/Y) and the consensus…
Summit Materials (NYSE: SUM ) is set to give its latest quarterly earnings report on Wednesday, 2022-08-03. Here''s what investors need to know before the announcement. Analysts estimate that Summit Materials will report an earnings per share (EPS) of $0.56. Summit Materials bulls will hope to hear the company to announce they''ve not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for … Full story available on Benzinga.com
Summit Materials found using ticker (SUM) now have 16 analysts in total covering the stock. The consensus rating is ''Buy''. The range between the high target price and low target price is between 50 and 26 with a mean TP of 37.25. Given that the stocks previous close was at 26.97 this now indicates there is a potential upside of 38.1%. The 50 day MA is 25.27 and the 200 day MA is 31.97. The market cap for the company is $3,249m. Find out more information at: https://summit-materials.com [stock_market_widget type="chart" template="basic" color="green" assets="SUM" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $4,487m based on the market concensus. Summit Materials, through its subsidiaries, produces and sells construction materials and related downstream products for the public infrastructure, and residential and nonresidential end markets. It operates through three segments: West, East, and Cement. The company''s products include aggregates, cement, ready-mix concrete, asphalt paving mixes, and concrete products, as well as plastics components.
Summit Materials with ticker code (SUM) have now 16 analysts covering the stock. The analyst consensus points to a rating of ''Buy''. The target price ranges between 50 and 26 and has a mean target at 37.72. Given that the stocks previous close was at 25.69 this would indicate that there is a potential upside of 46.8%. The day 50 moving average is 25.19 and the 200 day moving average is 32.1. The market capitalisation for the company is $3,009m. Find out more information at: https://summit-materials.com [stock_market_widget type="chart" template="basic" color="green" assets="SUM" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $4,418m based on the market concensus. Summit Materials, through its subsidiaries, produces and sells construction materials and related downstream products for the public infrastructure, and residential and nonresidential end markets. It operates through three segments: West, East, and Cement. The company''s products include aggregates, cement, ready-mix concrete, asphalt paving mixes, and concrete products, as well as plastics components.
Summit Materials (NYSE:SUM) has had a rough three months with its share price down 9.8%. But if you pay close attention, you might find that its key financial indicators look quite decent, which could mean that the stock could potentially rise in the long-term given how market
Summit Materials found using ticker (SUM) now have 17 analysts covering the stock. The analyst consensus points to a rating of ''Buy''. The range between the high target price and low target price is between 50 and 26 and has a mean target at 39.65. With the stocks previous close at 23.62 this indicates there is a potential upside of 67.9%. The 50 day moving average now sits at 25.93 and the 200 day moving average is 32.5. The company has a market capitalisation of $2,775m. Company Website: https://summit-materials.com [stock_market_widget type="chart" template="basic" color="green" assets="SUM" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $4,659m based on the market concensus. Summit Materials, through its subsidiaries, produces and sells construction materials and related downstream products for the public infrastructure, and residential and nonresidential end markets. It operates through three segments: West, East, and Cement. The company''s products include aggregates, cement, ready-mix concrete, asphalt paving mixes, and concrete products, as well as plastics components.
Summit Materials with ticker code (SUM) now have 17 analysts covering the stock. The analyst consensus points to a rating of ''Buy''. The target price ranges between 50 and 30 calculating the mean target price we have 40.12. Given that the stocks previous close was at 23.29 this is indicating there is a potential upside of 72.3%. The day 50 moving average is 26.34 while the 200 day moving average is 32.64. The company has a market cap of $2,726m. Find out more information at: https://summit-materials.com [stock_market_widget type="chart" template="basic" color="green" assets="SUM" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $4,695m based on the market concensus. Summit Materials, through its subsidiaries, produces and sells construction materials and related downstream products for the public infrastructure, and residential and nonresidential end markets. It operates through three segments: West, East, and Cement. The company''s products include aggregates, cement, ready-mix concrete, asphalt paving mixes, and concrete products, as well as plastics components.
Summit Materials has presented some ambitious but achievable medium-term financial targets. Check out why I see the relative valuation gap narrowing in SUM.
Summit Materials, Inc. (NYSE: SUM) ("Summit," “Summit Materials,” “Summit, Inc.” or the "Company"), a leading vertically integrated construction materials company, today announced the divestiture of Kentucky-based Hinkle Contracting Company, LLC (“Hinkle”) to an affiliate of CRH Americas Materials, Inc., a subsidiary of CRH PLC (“CRH Americas”). “Hinkle was among Summit’s
Earnings results for Summit Materials , Analyst Opinion on Summit Materials , Earnings and Valuation of (NYSE:SUM), Stock market Insights & financial analysis, Best stock to invest, Investment Idea, The post may delivered a positive earnings surprise Summit Materials (NYSE:SUM) appeared first on .
DENVER--(BUSINESS WIRE)--Summit Materials Announces Second Quarter 2021 Results Conference Call Date
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In the current session, Summit Materials Inc. (NYSE: SUM ) is trading at $36.81, after a 1.80% increase. Over the past month, the stock increased by 5.69%, and in the past year, by 123.30%. With performance like this, long-term shareholders are optimistic but others are more likely to look into the price-to-earnings ratio to see if the stock might be overvalued. Assuming that all other factors are held constant, this could present itself as an opportunity for shareholders trying to capitalize on the higher share price. The stock is currently higher from its 52 Full story available on Benzinga.com
Summit Materials (NYSE: SUM ) reported Q1 sales of $398.48 million. Earnings fell to a loss of $26.83 million, resulting in a 145.74% decrease from last quarter. Summit Materials earned $58.65 million, and sales totaled $571.86 million in Q4. What Is Return On Capital Employed? Return on Capital Employed is a measure of yearly pre-tax profit relative to capital employed by a business. Changes in earnings and sales indicate shifts in a company''s ROCE. A higher ROCE is Full story available on Benzinga.com
Announcement of Periodic Review: Moody''s announces completion of a periodic review of ratings of Summit Materials, LLC Read the full article at Moody''s
Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Summit Materials, LLC Read the full article at Moody's
Summit Materials with ticker code (SUM) now have 15 analysts covering the stock. The analyst consensus points to a rating of ''Buy''. The target price ranges between 42 and 30 with the average target price sitting at 36.53. With the stocks previous close at 35.1 this now indicates there is a potential upside of 4.1%. The 50 day moving average now sits at 31.53 and the 200 moving average now moves to 25.93. The company has a market cap of $4,077m. Company Website: /> [stock_market_widget type="chart" symbol="SUM" chart="bar" range="6mo" interval="1d" line-color="rgb(49, 125, 189)"] Summit Materials, through its subsidiaries, produces and sells construction materials and related downstream products for the public infrastructure, residential and nonresidential, and other markets. It operates through three segments: West, East, and Cement. The company''s products include aggregates, cement, ready-mix concrete, asphalt paving mixes, and concrete products, as well as plastics components. It also provides paving and related services primarily comprising asphalt paving services to the private and public infrastructure sectors.
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DENVER--(BUSINESS WIRE)--Summit Materials Announces Appointment of Tamla Oates-Forney to Board of Directors
Summit Materials Inc - Class A (SUM) shares closed today at 0.5% below its 52 week high of $34.47, giving the company a market cap of $4B. The stock is currently up 70.8% year-to-date, up 188.6% over the past 12 months, and up 62.7% over the past five years. This week, the Dow Jones Industrial Average fell 1.0%, and the S&P 500 fell 1.3%. Trading Activity Trading volume this week was 1.9% higher than the 20-day average.Beta, a measure of the stocks volatility relative to the overall market stands at 1.8. Technical Indicators The Relative Strength Index (RSI) on the stock was above 70, indicating it may be overbought.MACD, a trend-following momentum indicator, indicates an upward trend.The stock closed below its Bollinger band, indicating it may be oversold. Market Comparative Performance The company's share price is the same as the S&P 500 Index , beats it on a 1-year basis, and lags it on a 5-year basis The company's share price is the same as the Dow Jones Industrial Average , beats it on a 1-year basis, and lags it on a 5-year basis The company share price is the same as the performance of its peers in the Materials industry sector , beats it on a 1-year basis, and lags it on a 5 year basis Per Group Comparative Performance The company's stock price performance year-to-date beats the peer average by 40.5% The company's stock price performance over the past 12 months beats the peer average by 7.2% The company's price-to-earnings ratio, which relates a company's share price to its earnings per share, is 42.0% higher than the average peer. This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to editors@kwhen.com. © 2020 Kwhen Inc.
Summit Materials (NYSE:SUM) had its price target raised by equities research analysts at Morgan Stanley from $31.00 to $33.00 in a research note issued to investors on Wednesday, Benzinga reports. The firm currently has an equal weight rating on the construction companys stock. Morgan Stanleys price target indicates a potential upside of 0.27% from the []
Summit Materials, Inc. (NYSE:SUM)s stock price reached a new 52-week high during mid-day trading on Tuesday following a better than expected earnings announcement. The company traded as high as $32.03 and last traded at $32.03, with a volume of 40822 shares changing hands. The stock had previously closed at $30.57. The construction company reported ($0.33) []
SUM earnings call for the period ending April 3, 2021.
Summit Materials Inc - Class A (SUM) shares closed today at 1.4% below its 52 week high of $31.81, giving the company a market cap of $3B. The stock is currently up 56.1% year-to-date, up 125.5% over the past 12 months, and up 51.8% over the past five years. This week, the Dow Jones Industrial Average rose 0.5%, and the S&P 500 fell 0.5%. Trading Activity Trading volume this week was 40.6% higher than the 20-day average.Beta, a measure of the stock’s volatility relative to the overall market stands at 2.0. Technical Indicators The Relative Strength Index (RSI) on the stock was above 70, indicating it may be overbought.MACD, a trend-following momentum indicator, indicates an upward trend.The stock closed below its Bollinger band, indicating it may be oversold. Market Comparative Performance The company's share price is the same as the S&P 500 Index , beats it on a 1-year basis, and lags it on a 5-year basis The company's share price is the same as the Dow Jones Industrial Average , beats it on a 1-year basis, and lags it on a 5-year basis The company share price is the same as the performance of its peers in the Materials industry sector , beats it on a 1-year basis, and lags it on a 5 year basis Per Group Comparative Performance The company's stock price performance year-to-date beats the peer average by 28.9% The company's stock price performance over the past 12 months lags the peer average by -18.6% The company's price-to-earnings ratio, which relates a company's share price to its earnings per share, is 21.4% higher than the average peer. This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to editors@kwhen.com. © 2020 Kwhen Inc.
DENVER--(BUSINESS WIRE)--Summit Materials to Host Virtual Investor Day
DENVER--(BUSINESS WIRE)--Summit Materials, Inc. Reports Fourth Quarter and Full Year 2020 Results
DENVER--(BUSINESS WIRE)--Summit Materials Announces Fourth Quarter and Full Year 2020 Results Conference Call Date and Virtual Investor Event Date.
RBC Capital Stick to Their Buy Rating for Summit Materials
11 Jan 2021 - The ASX looks set to open higher this morning as the US is preparing for more stimulus measures to help combat economic hardship brought on due to the coronavirus pandemic. Gold prices tumbled on Friday as the US dollar rebounded sharply and US yields surged. Iraq raised pricing for all crude sales to Asia for February, after a similar move by Saudi Arabia, OPEC’s biggest producer. New Zealand retirement developer the Summerset Group (ASX:SNZ) reports strong quarter for sales.
On CNBC's "Fast Money Halftime Report," Pete Najarian gave some unusual option activity plays. Najarian … Full story available on Benzinga.com
DENVER--(BUSINESS WIRE)--Summit Materials, Inc. Reports Third Quarter 2020 Results
Summit Materials (NYSE:SUM) will issue its quarterly earnings data after the market closes on Tuesday, October 27th. Analysts expect the company to announce earnings of $0.67 per share for the quarter. Parties interested in participating in the company’s conference call can do so using this link. SUM opened at $19.79 on Friday. The company has […]
Brokerages predict that Summit Materials, Inc. (NYSE:SUM) will report sales of $679.53 million for the current quarter, according to Zacks Investment Research. Three analysts have provided estimates for Summit Materials’ earnings, with the lowest sales estimate coming in at $668.80 million and the highest estimate coming in at $692.80 million. Summit Materials reported sales of […]
Summit Materials, Inc. (NYSE:SUM) – Analysts at Jefferies Financial Group lowered their FY2021 earnings per share (EPS) estimates for shares of Summit Materials in a note issued to investors on Wednesday, October 14th. Jefferies Financial Group analyst P. Ng now anticipates that the construction company will earn $0.73 per share for the year, down from […]
DENVER--(BUSINESS WIRE)--Summit Materials Announces Third Quarter 2020 Results Conference Call Date
DENVER--(BUSINESS WIRE)--Summit Materials Announces Pricing of $700 Million of 5.25% Senior Notes Due 2029
Summit Materials (SUM -3.6%) sinks despite winning an upgrade to Buy from Hold with a $23 price target from Loop Capital, which sees the risk/reward as "to
Legal Disclaimer Forward-Looking Statements This presentation includes "forward-looking statements" within… | July 21, 2020