Summit Materials Company Profile (NYSE:SUM)

About Summit Materials (NYSE:SUM)

Summit Materials logoSummit Materials, Inc. is a construction materials company. The Company operates through three segments: West, East and Cement. As of December 31, 2016, the Company had operations in 21 states in the United States and in British Columbia, Canada. The Company's materials include aggregates, which it supplies across the United States, and in British Columbia, Canada, and cement, which it supplies along the Mississippi River from Minneapolis to New Orleans. Within its markets, it offers construction materials and related downstream products through its vertical integration. In addition to supplying of aggregates to its customers, the Company also uses its materials internally to produce ready-mix concrete and asphalt paving mix. Its construction materials operations consists of aggregates production, including crushed stone and construction sand and gravel, cement and ready-mixed concrete production, and asphalt paving mix production.

Industry, Sector and Symbol:
  • Sector: Construction
  • Industry: General Building Materials
  • Sub-Industry: N/A
  • Symbol: NYSE:SUM
  • CUSIP: N/A
  • Web:
  • Market Cap: $2.9 billion
  • Outstanding Shares: 106,403,000
Average Prices:
  • 50 Day Moving Avg: $26.25
  • 200 Day Moving Avg: $24.60
  • 52 Week Range: $17.27 - $28.70
  • Trailing P/E Ratio: 406.67
  • Foreward P/E Ratio: 14.91
  • P/E Growth: 0.65
Sales & Book Value:
  • Annual Revenue: $1.68 billion
  • Price / Sales: 1.73
  • Book Value: $9.72 per share
  • Price / Book: 2.81
  • EBIDTA: $322.62 million
  • Net Margins: 3.99%
  • Return on Equity: 17.05%
  • Return on Assets: 5.07%
  • Debt-to-Equity Ratio: 1.79%
  • Current Ratio: 1.84%
  • Quick Ratio: 1.22%
  • Average Volume: 1.62 million shs.
  • Beta: 2.28
  • Short Ratio: 4.74

Frequently Asked Questions for Summit Materials (NYSE:SUM)

What is Summit Materials' stock symbol?

Summit Materials trades on the New York Stock Exchange (NYSE) under the ticker symbol "SUM."

How were Summit Materials' earnings last quarter?

Summit Materials Inc (NYSE:SUM) posted its earnings results on Wednesday, May, 3rd. The company reported ($0.50) earnings per share for the quarter, missing analysts' consensus estimates of ($0.48) by $0.02. The company had revenue of $259 million for the quarter, compared to analysts' expectations of $233.63 million. Summit Materials had a return on equity of 17.05% and a net margin of 3.99%. The firm's quarterly revenue was up 24.5% on a year-over-year basis. During the same quarter in the prior year, the company earned ($0.42) EPS. View Summit Materials' Earnings History.

When will Summit Materials make its next earnings announcement?

Summit Materials is scheduled to release their next quarterly earnings announcement on Tuesday, August, 1st 2017. View Earnings Estimates for Summit Materials.

Where is Summit Materials' stock going? Where will Summit Materials' stock price be in 2017?

7 brokerages have issued 1-year price targets for Summit Materials' shares. Their predictions range from $21.00 to $30.00. On average, they expect Summit Materials' share price to reach $26.00 in the next twelve months. View Analyst Ratings for Summit Materials.

Who are some of Summit Materials' key competitors?

When did Summit Materials IPO?

(SUM) raised $400 million in an initial public offering (IPO) on Thursday, March 12th 2015. The company issued 22,200,000 shares at a price of $17.00-$19.00 per share. Citigroup, Goldman Sachs, BofA Merrill Lynch, Barclays, Deutsche Bank Securities and RBC Capital Markets acted as the underwriters for the IPO and Blackstone Capital Markets, BB&T Capital Markets, Stephens, Sterne Agee and Stifel were co-managers.

Who owns Summit Materials stock?

Summit Materials' stock is owned by many different of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (7.97%), BlackRock Inc. (7.09%), Janus Capital Management LLC (3.83%), Jennison Associates LLC (3.82%), Levin Capital Strategies L.P. (3.32%) and TimesSquare Capital Management LLC (2.82%). Company insiders that own Summit Materials stock include Anne Lee Benedict, Blackstone Capital Partners (D, Brian James Harris, Damian John Murphy, Douglas Charles Rauh, Holdings LP Blackstone II, Howard L Lance, John Raymond Murphy, Michael John Brady, Mikel Shane Evans, Ted A Gardner and Thomas W Hill. View Institutional Ownership Trends for Summit Materials.

Who sold Summit Materials stock? Who is selling Summit Materials stock?

Summit Materials' stock was sold by a variety of institutional investors in the last quarter, including Bank of America Corp DE, Point72 Asset Management L.P., Jennison Associates LLC, Goldman Sachs Group Inc., Next Century Growth Investors LLC, Morgan Stanley, Nicholas Investment Partners LP and Alliancebernstein L.P.. Company insiders that have sold Summit Materials stock in the last year include Anne Lee Benedict, Brian James Harris, Damian John Murphy, Douglas Charles Rauh, Holdings LP Blackstone II, Howard L Lance, Michael John Brady, Mikel Shane Evans, Ted A Gardner and Thomas W Hill. View Insider Buying and Selling for Summit Materials.

Who bought Summit Materials stock? Who is buying Summit Materials stock?

Summit Materials' stock was bought by a variety of institutional investors in the last quarter, including BlackRock Inc., Vanguard Group Inc., TimesSquare Capital Management LLC, Epoch Investment Partners Inc., GMT Capital Corp, Dimensional Fund Advisors LP, Levin Capital Strategies L.P. and Marshall Wace North America L.P.. View Insider Buying and Selling for Summit Materials.

How do I buy Summit Materials stock?

Shares of Summit Materials can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Summit Materials stock cost?

One share of Summit Materials stock can currently be purchased for approximately $27.28.

Analyst Ratings

Consensus Ratings for Summit Materials (NYSE:SUM) (?)
Ratings Breakdown: 2 Hold Ratings, 5 Buy Ratings
Consensus Rating:Buy (Score: 2.71)
Consensus Price Target: $26.00 (4.69% downside)

Analysts' Ratings History for Summit Materials (NYSE:SUM)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
3/31/2017Cleveland ResearchReiterated RatingBuyMediumView Rating Details
1/20/2017SunTrust Banks, Inc.Initiated CoverageBuy$30.00N/AView Rating Details
11/17/2016DA DavidsonReiterated RatingBuy$27.00N/AView Rating Details
11/16/2016Royal Bank of CanadaReiterated RatingOutperform$29.00 -> $26.00N/AView Rating Details
11/16/2016Bank of America CorpDowngradeBuy -> NeutralN/AView Rating Details
10/11/2016Goldman Sachs Group IncDowngradeBuy -> Neutral$22.00 -> $21.00N/AView Rating Details
8/4/2016Citigroup IncBoost Price TargetBuy$25.00 -> $26.00N/AView Rating Details
3/22/2016Barclays PLCBoost Price TargetEqual Weight$19.00 -> $20.00N/AView Rating Details
2/17/2016Deutsche Bank AGReiterated RatingBuy$23.00 -> $26.00N/AView Rating Details
8/21/2015FBR & CoLower Price TargetOutperform$34.00 -> $30.00N/AView Rating Details
(Data available from 5/26/2015 forward)


Earnings History for Summit Materials (NYSE:SUM)
Earnings by Quarter for Summit Materials (NYSE:SUM)
Earnings History by Quarter for Summit Materials (NYSE:SUM)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/3/2017Q1 2017($0.48)($0.50)$233.63 million$259.00 millionViewListenView Earnings Details
2/22/2017Q416$0.25$0.21$385.35 million$387.40 millionViewListenView Earnings Details
11/2/2016Q316$0.73$0.73$483.19 million$529.40 millionViewN/AView Earnings Details
8/3/2016Q216$0.47$0.46$417.14 million$412.60 millionViewN/AView Earnings Details
5/4/2016Q116($0.48)($0.42)$217.75 million$208.00 millionViewN/AView Earnings Details
2/11/2016Q415$0.25$0.34$361.75 million$359.50 millionViewListenView Earnings Details
11/3/2015Q315$0.66$0.72$444.73 million$426.30 millionViewN/AView Earnings Details
8/3/2015Q215$0.32($0.01)$371.64 million$364.94 millionViewN/AView Earnings Details
5/5/2015Q115($0.55)($0.08)$189.50 million$175.10 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)


Earnings Estimates for Summit Materials (NYSE:SUM)
2017 EPS Consensus Estimate: $1.36
2018 EPS Consensus Estimate: $1.66
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20172($0.61)($0.43)($0.52)
Q2 20172$0.54$0.61$0.58
Q3 20172$0.84$0.90$0.87
Q4 20172$0.40$0.47$0.44
Q1 20181($0.55)($0.55)($0.55)
Q2 20181$0.71$0.71$0.71
Q3 20181$0.94$0.94$0.94
Q4 20181$0.56$0.56$0.56
(Data provided by Zacks Investment Research)


Dividend History for Summit Materials (NYSE:SUM)
No dividend announcements for this company have been tracked by

Insider Trades

Insider Trading and Institutional Ownership History for Summit Materials (NYSE:SUM)
Insider Ownership Percentage: 4.49%
Institutional Ownership Percentage: 78.73%
Insider Trades by Quarter for Summit Materials (NYSE:SUM)
Institutional Ownership by Quarter for Summit Materials (NYSE:SUM)
Insider Trades by Quarter for Summit Materials (NYSE:SUM)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
5/24/2017Thomas W HillInsiderSell12,500$26.94$336,750.00View SEC Filing  
5/12/2017Thomas W HillInsiderSell12,500$26.92$336,500.00View SEC Filing  
5/5/2017Damian John MurphyEVPSell98,510$28.18$2,776,011.80View SEC Filing  
5/5/2017Mikel Shane EvansInsiderSell37,200$28.57$1,062,804.00View SEC Filing  
5/5/2017Ted A GardnerDirectorSell21,344$28.04$598,485.76View SEC Filing  
4/26/2017Thomas W HillInsiderSell12,500$26.08$326,000.00View SEC Filing  
4/4/2017Thomas W HillInsiderSell12,500$24.12$301,500.00View SEC Filing  
4/3/2017Thomas W HillCEOSell6,300$24.13$152,019.00View SEC Filing  
3/23/2017Thomas W HillInsiderSell12,500$23.48$293,500.00View SEC Filing  
3/16/2017Damian John MurphyEVPSell32,033$24.09$771,674.97View SEC Filing  
3/9/2017Thomas W HillInsiderSell10,000$24.09$240,900.00View SEC Filing  
3/1/2017Ted A GardnerDirectorSell19,332$24.80$479,433.60View SEC Filing  
2/28/2017Thomas W. HillInsiderSell10,000$24.09$240,900.00View SEC Filing  
2/17/2017Thomas W HillInsiderSell10,000$23.94$239,400.00View SEC Filing  
1/18/2017Thomas W HillInsiderSell10,000$23.60$236,000.00View SEC Filing  
1/5/2017Thomas W HillInsiderSell10,000$24.57$245,700.00View SEC Filing  
12/21/2016Thomas W HillInsiderSell10,000$24.19$241,900.00View SEC Filing  
12/16/2016Brian James HarrisCFOSell24,000$23.61$566,640.00View SEC Filing  
12/16/2016Mikel Shane EvansInsiderSell60,000$23.80$1,428,000.00View SEC Filing  
12/15/2016Michael John BradyInsiderSell112,825$23.77$2,681,850.25View SEC Filing  
12/15/2016Ted A GardnerDirectorSell22$23.40$514.80View SEC Filing  
12/12/2016Michael John BradyInsiderSell12,175$24.18$294,391.50View SEC Filing  
12/12/2016Ted A GardnerDirectorSell1,611,000$24.07$38,776,770.00View SEC Filing  
12/7/2016Thomas W HillInsiderSell10,000$23.63$236,300.00View SEC Filing  
11/22/2016Thomas W HillInsiderSell12,300$23.61$290,403.00View SEC Filing  
11/21/2016Thomas W HillCEOSell7,300$23.78$173,594.00View SEC Filing  
11/16/2016Holdings L.P. Blackstone IIMajor ShareholderSell16,451,722$21.87$359,799,160.14View SEC Filing  
10/25/2016Thomas W HillCEOSell17,700$19.23$340,371.00View SEC Filing  
10/24/2016Thomas W HillCEOSell15,000$19.26$288,900.00View SEC Filing  
9/15/2016Thomas W HillInsiderSell10,000$17.87$178,700.00View SEC Filing  
9/6/2016John Raymond MurphyDirectorBuy6,000$18.93$113,580.00View SEC Filing  
8/26/2016Thomas W HillInsiderSell10,000$19.97$199,700.00View SEC Filing  
8/19/2016Douglas Charles RauhInsiderSell50,000$19.32$966,000.00View SEC Filing  
8/18/2016Thomas W HillInsiderSell10,000$19.80$198,000.00View SEC Filing  
7/21/2016Thomas W HillInsiderSell183,581$20.74$3,807,469.94View SEC Filing  
7/19/2016Anne Lee BenedictInsiderSell5,000$20.67$103,350.00View SEC Filing  
7/19/2016Brian James HarrisCFOSell30,000$20.67$620,100.00View SEC Filing  
7/19/2016Holdings L.P. Blackstone IIMajor ShareholderSell12,209,704$20.67$252,374,581.68View SEC Filing  
7/19/2016Howard L LanceDirectorSell27,000$20.67$558,090.00View SEC Filing  
7/14/2016Thomas W HillCEOSell10,000$21.45$214,500.00View SEC Filing  
6/23/2016Thomas W HillCEOSell10,000$20.39$203,900.00View SEC Filing  
6/10/2016Thomas W HillCEOSell10,000$20.95$209,500.00View SEC Filing  
5/25/2016Thomas W HillCEOSell10,000$22.41$224,100.00View SEC Filing  
5/23/2016Michael John BradyInsiderSell35,228$21.85$769,731.80View SEC Filing  
5/20/2016Michael John BradyInsiderSell39,772$21.57$857,882.04View SEC Filing  
5/16/2016Douglas Charles RauhInsiderSell10,000$21.60$216,000.00View SEC Filing  
4/27/2016Thomas W HillCEOSell10,000$21.46$214,600.00View SEC Filing  
4/19/2016Blackstone Capital Partners (DMajor ShareholderSell9,272,378$20.00$185,447,560.00View SEC Filing  
4/19/2016Brian James HarrisCFOSell81,252$20.00$1,625,040.00View SEC Filing  
4/19/2016Mikel Shane EvansInsiderSell20,000$20.00$400,000.00View SEC Filing  
4/19/2016Ted A GardnerDirectorSell572,804$20.00$11,456,080.00View SEC Filing  
4/19/2016Thomas W HillCEOSell43,464$20.00$869,280.00View SEC Filing  
4/14/2016Thomas W HillCEOSell10,000$20.24$202,400.00View SEC Filing  
4/6/2016Howard L LanceDirectorSell75,000$19.79$1,484,250.00View SEC Filing  
4/5/2016Douglas Charles RauhInsiderSell70,000$19.85$1,389,500.00View SEC Filing  
3/17/2015Brian James HarrisCFOBuy55,000$18.00$990,000.00View SEC Filing  
3/17/2015Damian John MurphyEVPBuy3,000$18.00$54,000.00View SEC Filing  
3/17/2015Douglas Charles RauhInsiderBuy3,500$18.00$63,000.00View SEC Filing  
3/17/2015Thomas W HillCEOBuy10,000$18.00$180,000.00View SEC Filing  
(Data available from 1/1/2013 forward)


Headline Trends for Summit Materials (NYSE:SUM)
Latest Headlines for Summit Materials (NYSE:SUM)
DateHeadline logoSummit Materials Inc (SUM) Insider Thomas W. Hill Sells 12,500 Shares - May 25 at 7:43 PM logoBRIEF-Summit Materials prices $300 million of senior notes - May 25 at 3:31 AM logoSummit Materials Announces Pricing of $300 Million of 5.125% Senior Notes Due 2025 - May 25 at 3:31 AM logoSummit Materials Announces Intention to Offer $300 Million of Senior Notes - May 24 at 9:04 AM logoSummit Materials Inc (SUM) Insider Sells $336,500.00 in Stock - May 15 at 10:34 PM logoSummit Materials (SUM): Strong Industry, Solid Earnings Estimate Revisions - May 11 at 10:18 PM logoETFs with exposure to Summit Materials, Inc. : May 9, 2017 - May 9 at 7:34 PM logoSummit Materials Inc (SUM) Upgraded by Zacks Investment Research to "Buy" - May 9 at 11:00 AM logoSummit Materials Inc (SUM) Insider Mikel Shane Evans Sells 37,200 Shares - May 8 at 7:37 PM logoSummit Materials Inc (SUM) Director Sells $598,485.76 in Stock - May 8 at 7:36 PM logoSummit Materials, Inc. :SUM-US: Earnings Analysis: Q1, 2017 By the Numbers : May 8, 2017 - May 8 at 7:34 PM logoSummit Materials Inc (SUM) EVP Damian John Murphy Sells 98,510 Shares - May 8 at 7:16 PM logoSummit Materials Inc (SUM) Receives Consensus Rating of "Buy" from Analysts - May 8 at 11:34 AM logoDA Davidson Analysts Lift Earnings Estimates for Summit Materials Inc (SUM) - May 8 at 7:41 AM logoSummit Materials Inc (SUM) Cut to "C" at TheStreet - May 6 at 11:52 PM logoQ4 2017 Earnings Estimate for Summit Materials Inc (SUM) Issued By DA Davidson - May 5 at 3:56 PM logoSummit Materials Inc (SUM) Expected to Announce Quarterly Sales of $472.69 Million - May 5 at 2:00 PM logoBRIEF-Summit Materials Q1 adjusted loss per share $0.50 - May 3 at 11:21 PM logo Analysts Expect Summit Materials Inc (SUM) to Post -$0.48 Earnings Per Share - May 3 at 4:08 PM logoSummit Materials Inc (SUM) Posts Earnings Results, Misses Expectations By $0.01 EPS - May 3 at 12:49 PM logoSummit Materials, Inc. Reports First Quarter 2017 Results - May 3 at 10:32 AM logoSummit Materials reports 1Q loss - May 3 at 10:32 AM logoSummit Materials (SUM) Earns Daily Coverage Optimism Rating of 0.27 - May 2 at 8:16 PM logoSummit Materials Inc (SUM) to Release Earnings on Wednesday - May 1 at 7:42 PM logoSummit Materials (SUM) Getting Somewhat Negative Media Coverage, AlphaOne Reports - April 27 at 6:31 PM logoSummit Materials Announces First Quarter 2017 Results Conference Call Date - April 25 at 7:04 PM logoSummit Materials (SUM) Earns News Impact Rating of -0.07 - April 24 at 2:42 PM logoFirst Week of SUM April 21st Options Trading - April 22 at 11:27 AM logoSummit Materials (SUM) Getting Somewhat Negative News Coverage, Analysis Finds - April 20 at 8:53 AM logoSummit Materials (SUM) Receiving Somewhat Positive News Coverage, Report Shows - April 17 at 4:40 PM logoSummit Materials Inc (SUM) Expected to Announce Earnings of -$0.48 Per Share - April 12 at 12:58 PM logoETFs with exposure to Summit Materials, Inc. : April 11, 2017 - April 11 at 7:49 PM logoSummit Materials Inc (SUM) Receives Consensus Rating of "Buy" from Brokerages - April 11 at 10:02 AM logoSummit Materials' (SUM) "Buy" Rating Reiterated at Cleveland Research - April 6 at 7:19 AM logoSummit Materials Inc (SUM) CEO Thomas W. Hill Sells 6,300 Shares - April 5 at 11:15 PM logoSummit Materials Inc (SUM) Upgraded by TheStreet to B- - April 2 at 10:55 PM logoSummit Materials, LLC -- Moody's upgrades Summit Materials' Corporate Family Rating to B1 - March 31 at 3:21 PM logoSummit Materials Inc (SUM) Now Covered by Analysts at Cleveland Research - March 31 at 11:22 AM logoZacks Investment Research Lowers Summit Materials Inc (SUM) to Sell - March 28 at 8:17 AM logoSummit Materials Inc (SUM) Cut to Sell at Zacks Investment Research - March 22 at 2:58 PM logoFirst Week Of SUM November 17th Options Trading - March 21 at 7:48 PM logoSummit Materials Inc (SUM) EVP Damian John Murphy Sells 32,033 Shares - March 20 at 10:25 PM logoForm 4 Summit Materials, Inc. For: Mar 08 Filed by: Hill Thomas W. - March 11 at 8:00 PM logoSUMMIT MATERIALS, INC. Financials - March 4 at 7:53 PM logoSUMMIT MATERIALS, INC. Files SEC form 10-K, Annual Report - February 28 at 7:40 PM logoSummit Materials, Inc. Reports Fourth Quarter and Full-Year 2016 Results - Business Wire (press release) - February 24 at 9:32 AM logoEdited Transcript of SUM earnings conference call or presentation 22-Feb-17 4:00pm GMT - February 23 at 1:19 AM logoBRIEF-Summit Materials reports Q4 adjusted earnings of $0.21/shr - February 22 at 8:18 PM logoSummit Materials, Inc. Reports Fourth Quarter and Full-Year 2016 Results - February 22 at 10:08 AM logoSUMMIT MATERIALS, INC. Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements and Ex - February 22 at 10:08 AM



Summit Materials (SUM) Chart for Friday, May, 26, 2017

This page was last updated on 5/26/2017 by Staff