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Summit Materials (SUM)
NYSE:SUM
Holding SUM?
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SUM Stock Chart & Stats
Day’s Range― - ―
52-Week Range$34.64 - $53.49
Previous CloseN/A
Volume3.92M
Average Volume (3M)3.59M
Market Cap
$9.17B
Enterprise Value$9.00B
Total Cash (Recent Filing)$143.39M
Total Debt (Recent Filing)$1.51B
Price to Earnings (P/E)63.3
Beta1.20
Next Earnings
Feb 05, 2025EPS Estimate
0.41Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)0.82
Shares Outstanding175,814,120
10 Day Avg. Volume3,048,619
30 Day Avg. Volume3,589,979
Standard Deviation0.11
R-Squared0.30
Alpha0.00564
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)2.96
Price to Cash Flow (P/CF)9.80
P/FCF Ratio17.10
Enterprise Value/Market Cap0.98
Enterprise Value/Revenue2.31
Enterprise Value/Gross Profit11.89
Enterprise Value/Ebitda10.02
Forecast
1Y Price Target
$51.83Price Target Upside-0.92% Downside
Rating ConsensusHold
Number of Analyst Covering11
Summit Materials News
PremiumCompany Announcements
Summit Materials Projects Revenue Amidst Merger Plans
PremiumCompany Announcements
Summit Materials Adjusts Executive Compensation Amid Quikrete Merger
Bulls Say, Bears Say
Bulls Say
Acquisition AgreementSUM has entered into a definitive agreement to be acquired by Quikrete for $52.50 per share in cash.
Financial PerformanceSUM was able to expand its EBITDA margin in 3Q, indicating strong performance and effective self-help initiatives.
Regulatory ApprovalThe merger review waiting period has expired, and the transaction is not expected to encounter any preventative regulatory issues.
Bears Say
Business PerformanceCement business volumes decreased by 11.3% due to moderating demand and adverse weather conditions.
Market ValuationSUM is currently trading at a ~3% discount to the target price, implying roughly fair valuation.
Transaction PriceThe transaction price of $52.50/share is on the lower end of expectations as a mid-$50s+ take-out price seemed reasonable.
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Ownership Overview
0.49% Insiders
31.47% Mutual Funds
0.61% Other Institutional Investors
54.78% 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 $34.64 and its highest was $53.49 in the past 12 months.
What is Summit Materials’s market cap?
Summit Materials’s market cap is $9.17B.
When is Summit Materials’s upcoming earnings report date?
Summit Materials’s upcoming earnings report date is Feb 05, 2025 which is in 3 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 Overvalued.
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 175,814,120 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?
Currently, no hedge funds are holding shares in SUM
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Summit Materials Stock Smart Score
Unlock Smart Score
1
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5
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8
9
10
Analyst Consensus
Hold
Average Price Target:
$51.83 (-0.92% Downside)
$51.83 (-0.92% Downside)
Blogger Sentiment
Bullish
SUM Sentiment 100%
Sector Average 70%
Sector Average 70%
Hedge Fund Trend
Increased
By 352.6K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $78.2K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 3.7%
Last 30 Days ▼ 3.1%
Last 30 Days ▼ 3.1%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
48.68%
12-Months-Change
Fundamentals
Return on Equity
3.31%
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
Earnings Call Sentiment|Positive
Despite significant weather-related challenges and a cautious outlook on private end markets, Summit Materials reported strong financial performance, strategic progress, and effective pricing strategies. The company is well-positioned for continued growth and margin improvement, suggesting a positive outlook moving forward.Read More>---
SUM Stock 12 Month Forecast
Average Price Target
$51.83
▼(-0.92% Downside)
Technical Analysis
Best Analysts Covering SUM
1 Year
1 Year Success Rate
24/28 ratings generated profit
1 Year Average Return
+32.40%
reiterated a buy rating 6 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 +32.40% per trade.
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