Summit Materials Company Profile (NYSE:SUM)

About Summit Materials

Summit Materials logoSummit Materials, Inc. is a construction materials company. The Company operates through three segments: the west segment, which includes operations in Texas, the Mountain states of Utah, Colorado, Idaho and Wyoming, and in British Columbia, Canada; east segment, which serves markets across the Midwestern and Eastern United States, and Cement segment, which consists of its Hannibal, Missouri and Davenport, Iowa cement plants and approximately eight distribution terminals along the Mississippi River from Minnesota to Louisiana. It supplies aggregates, ready-mixed concrete, asphalt paving mix and paving and related services in the West segment, and aggregates, ready-mixed concrete, asphalt paving mix and paving and related services in east segment. The Company has operations in approximately 20 states in the United States and in British Columbia, Canada. The Company serves markets, including residential construction, nonresidential construction and public infrastructure construction.

Industry, Sector and Symbol:
  • Sector: Construction
  • Industry: General Building Materials
  • Sub-Industry: N/A
  • Exchange: NYSE
  • Symbol: SUM
  • CUSIP:
Key Metrics:
  • Previous Close: $24.29
  • 50 Day Moving Average: $24.47
  • 200 Day Moving Average: $21.81
  • 52-Week Range: $16.67 - $26.46
  • Trailing P/E Ratio: 38.57
  • Foreward P/E Ratio: 13.23
  • P/E Growth: 0.96
  • Market Cap: $1.82B
  • Outstanding Shares: 76,473,000
  • Beta: 2.28
Profitability:
  • Net Margins: 3.99%
  • Return on Equity: 17.05%
  • Return on Assets: 5.07%
Debt:
  • Debt-to-Equity Ratio: 1.79%
  • Current Ratio: 1.84%
  • Quick Ratio: 1.22%
Additional Links:
Companies Related to Summit Materials:

Analyst Ratings

Consensus Ratings for Summit Materials (NYSE:SUM) (?)
Ratings Breakdown: 3 Hold Ratings, 5 Buy Ratings
Consensus Rating:Buy (Score: 2.63)
Consensus Price Target: $25.14 (7.96% upside)

Analysts' Ratings History for Summit Materials (NYSE:SUM)
Show:
DateFirmActionRatingPrice TargetDetails
1/20/2017SunTrust Banks, Inc.Initiated CoverageBuy$30.00View Rating Details
11/17/2016DA DavidsonReiterated RatingBuy$27.00View Rating Details
11/16/2016Royal Bank Of CanadaReiterated RatingOutperform$29.00 -> $26.00View Rating Details
11/16/2016Bank of America CorpDowngradeBuy -> NeutralView Rating Details
11/3/2016RBC Capital MarketsReiterated RatingOutperform$24.00 -> $26.00View Rating Details
10/11/2016Goldman Sachs Group, Inc. (The)DowngradeBuy -> Neutral$22.00 -> $21.00View Rating Details
8/4/2016Citigroup Inc.Boost Price TargetBuy$25.00 -> $26.00View Rating Details
3/22/2016Barclays PLCBoost Price TargetEqual Weight$19.00 -> $20.00View Rating Details
2/17/2016Deutsche Bank AGReiterated RatingBuy$23.00 -> $26.00View Rating Details
8/21/2015FBR & CoLower Price TargetOutperform$34.00 -> $30.00View Rating Details
5/10/2015Stifel NicolausReiterated RatingBuy$28.00 -> $30.00View Rating Details
4/21/2015BB&T CorporationInitiated CoverageBuy$29.00 -> $29.00View Rating Details
4/21/2015Sterne Agee CRTInitiated CoverageBuy -> Buy$29.00View Rating Details
4/17/2015Tigress FinancialInitiated CoverageBuyView Rating Details
4/17/2015Susquehanna Bancshares IncInitiated CoveragePositive$28.00View Rating Details
(Data available from 2/23/2015 forward)

Earnings

Earnings History for Summit Materials (NYSE:SUM)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
2/22/2017        
2/22/2017Q416$0.25$0.21$385.35 million$387.40 millionViewN/AView 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)

Estimates

Earnings Estimates for Summit Materials (NYSE:SUM)
Current Year EPS Consensus Estimate: $1.02 EPS
Next Year EPS Consensus Estimate: $1.76 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20162($0.51)($0.39)($0.45)
Q2 20163$0.42$0.50$0.45
Q3 20163$0.64$0.78$0.71
Q4 20162$0.31$0.36$0.34
Q1 20171($0.39)($0.39)($0.39)
Q2 20171$0.60$0.60$0.60
Q3 20171$0.90$0.90$0.90
Q4 20171$0.48$0.48$0.48
(Data provided by Zacks Investment Research)

Dividends

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

Insider Trades

Insider Trading History for Summit Materials (NYSE:SUM)
Insider Ownership Percentage: 4.49%
Institutional Ownership Percentage: 78.73%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
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)

Headlines

Latest Headlines for Summit Materials (NYSE:SUM)
DateHeadline
finance.yahoo.com logoEdited Transcript of SUM earnings conference call or presentation 22-Feb-17 4:00pm GMT (NYSE:SUM)
finance.yahoo.com - February 23 at 1:19 AM
4-traders.com logoSUMMIT MATERIALS, INC. : Results of Operations and Financial Condition, Financial Statements and Exhibits (form 8-K) (NYSE:SUM)
www.4-traders.com - February 22 at 8:18 PM
marketexclusive.com logoSummit Materials, Inc. (NYSE:SUM) Files An 8-K Results of Operations and Financial Condition (NYSE:SUM)
marketexclusive.com - February 22 at 8:18 PM
News IconCan Summit Materials Inc’s (SUM) Financial Health Cause Trouble In The Future? (NYSE:SUM)
simplywall.st - February 22 at 8:18 PM
reuters.com logoBRIEF-Summit Materials reports Q4 adjusted earnings of $0.21/shr (NYSE:SUM)
www.reuters.com - February 22 at 8:18 PM
News IconSummit Materials, Inc. (NYSE:SUM) Assigned A Consensus Outperform Rating (NYSE:SUM)
mundoaguaysaneamiento.net - February 22 at 8:18 PM
News IconThe Summit Materials Inc. (SUM) Raised to Hold at TheStreet (NYSE:SUM)
techknowbits.com - February 22 at 8:18 PM
us.rd.yahoo.com logoSummit Materials, Inc. Reports Fourth Quarter and Full-Year 2016 Results (NYSE:SUM)
us.rd.yahoo.com - February 22 at 10:08 AM
biz.yahoo.com logoSUMMIT MATERIALS, INC. Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements and Ex (NYSE:SUM)
us.rd.yahoo.com - February 22 at 10:08 AM
sg.finance.yahoo.com logoSummit Materials misses 4Q profit forecasts (NYSE:SUM)
sg.finance.yahoo.com - February 22 at 10:08 AM
finance.yahoo.com logoWhat's in the Cards for EMCOR (EME) this Earnings Season? (NYSE:SUM)
finance.yahoo.com - February 20 at 8:43 AM
finance.yahoo.com logoOne Rock Capital Partners Sells Summit Research Labs To Elementis (NYSE:SUM)
finance.yahoo.com - February 10 at 5:24 AM
insidermonkey.com logoSummit Materials Inc (SUM) Is Poised For Growth (NYSE:SUM)
www.insidermonkey.com - February 10 at 5:24 AM
streetinsider.com logoForm SC 13G/A Summit Materials, Inc. Filed by: JENNISON ASSOCIATES LLC (NYSE:SUM)
www.streetinsider.com - February 4 at 8:09 PM
finance.yahoo.com logoSummit Materials Announces Fourth Quarter and Year-End 2016 Results Conference Call Date (NYSE:SUM)
finance.yahoo.com - February 3 at 6:04 AM
News IconTaking a Look at the Chart for Summit Materials, Inc. (SUM) - The USA Commerce (NYSE:SUM)
theusacommerce.com - February 1 at 6:45 AM
News IconSummit Materials acquires Everist Materials LLC - Aggregates Manager (registration) (blog) (NYSE:SUM)
www.aggman.com - February 1 at 6:45 AM
News IconLevels in Review for Summit Materials, Inc. (NYSE:SUM) - The Tribune (NYSE:SUM)
lakecitytribune.com - January 31 at 3:40 AM
News IconADX in View on Shares of Summit Materials Inc. (SUM) - Springdale Times (NYSE:SUM)
springdaletimes.com - January 31 at 3:40 AM
News IconAnalyst's Estimates on Shares' Price: Summit Materials Inc (NYSE ... - Post Registrar (NYSE:SUM)
postregistrar.com - January 31 at 3:40 AM
News IconChart Watch: Checking on Shares of Summit Materials Inc. (SUM) - Sherwood Daily (NYSE:SUM)
sherwooddaily.com - January 28 at 8:11 PM
News IconSell-side Consensus Sees Summit Materials Inc (NYSE:SUM) Going Where Near-Term? - Aiken Advocate (NYSE:SUM)
aikenadvocate.com - January 28 at 6:46 AM
4-traders.com logoSUMMIT MATERIALS, INC. : Change in Directors or Principal Officers (form 8-K) (NYSE:SUM)
www.4-traders.com - January 27 at 5:34 AM
istreetwire.com logoTraders Watch list: Twilio Inc. (TWLO), Summit Materials, Inc. (SUM ... - iStreetWire (NYSE:SUM)
istreetwire.com - January 26 at 6:07 AM
News IconSummit Materials, Inc. (SUM): Checking the Chart - The USA Commerce (NYSE:SUM)
theusacommerce.com - January 26 at 6:07 AM
biz.yahoo.com logoSUMMIT MATERIALS, INC. Files SEC form 8-K, Change in Directors or Principal Officers (NYSE:SUM)
biz.yahoo.com - January 26 at 6:07 AM
us.rd.yahoo.com logoCoverage initiated on Summit Materials by SunTrust (NYSE:SUM)
us.rd.yahoo.com - January 21 at 7:46 PM
streetinsider.com logoForm 4 Summit Materials, Inc. For: Jan 17 Filed by: Hill Thomas W. (NYSE:SUM)
www.streetinsider.com - January 21 at 2:21 AM
4-traders.com logoSUMMIT MATERIALS, INC. : Entry into a Material Definitive Agreement, Financial Statements and Exhibits (form 8-K) (NYSE:SUM)
www.4-traders.com - January 21 at 2:21 AM
biz.yahoo.com logoSUMMIT MATERIALS, INC. Files SEC form 8-K, Entry into a Material Definitive Agreement, Financial Statements and Exhib (NYSE:SUM)
biz.yahoo.com - January 20 at 6:55 AM
capitalcube.com logoETFs with exposure to Summit Materials, Inc. : January 17, 2017 (NYSE:SUM)
www.capitalcube.com - January 17 at 10:32 PM
capitalcube.com logoSummit Materials, Inc. breached its 50 day moving average in a Bearish Manner : SUM-US : January 13, 2017 (NYSE:SUM)
www.capitalcube.com - January 14 at 6:27 AM
News IconSummit Materials to acquire Everist Materials and Razorback Concrete (NYSE:SUM)
www.aggman.com - January 11 at 5:01 AM
nasdaq.com logoCommit To Purchase Summit Materials At $20, Earn 9.5% Annualized Using Options (NYSE:SUM)
www.nasdaq.com - January 11 at 5:01 AM
marketexclusive.com logoInsider Trading Activity Summit Materials, Inc. (NYSE:SUM) – Insider Sold 10,000 shares of Stock (NYSE:SUM)
marketexclusive.com - January 9 at 1:06 AM
News IconDenver construction materials firm buys two companies for $110 million (NYSE:SUM)
www.9news.com - January 8 at 1:58 AM
streetinsider.com logoForm 4 Summit Materials, Inc. For: Jan 04 Filed by: Hill Thomas W. (NYSE:SUM)
www.streetinsider.com - January 8 at 1:58 AM
finance.yahoo.com logoSummit Materials Announces Definitive Agreements to Acquire Everist Materials and Razorback Concrete Company (NYSE:SUM)
finance.yahoo.com - January 7 at 5:31 AM
biz.yahoo.com logoSUMMIT MATERIALS, INC. Files SEC form 8-K, Results of Operations and Financial Condition (NYSE:SUM)
us.rd.yahoo.com - January 6 at 5:43 AM
us.rd.yahoo.com logoSummit Materials Prices Common Stock Offering (NYSE:SUM)
us.rd.yahoo.com - January 6 at 5:43 AM
marketexclusive.com logoInsider Trading Activity Summit Materials Inc. (NYSE:SUM) – Insider Sold 10,000 shares of Stock (NYSE:SUM)
marketexclusive.com - December 23 at 8:09 PM
capitalcube.com logoETFs with exposure to Summit Materials, Inc. : December 14, 2016 (NYSE:SUM)
www.capitalcube.com - December 15 at 6:35 AM
streetinsider.com logoForm 4 Summit Materials, Inc. For: Dec 06 Filed by: Hill Thomas W. (NYSE:SUM)
www.streetinsider.com - December 10 at 7:12 PM
us.rd.yahoo.com logoSummit Materials Declares Special Stock Dividend (NYSE:SUM)
us.rd.yahoo.com - December 2 at 7:40 PM
us.rd.yahoo.com logo4:18 pm Summit Materials declared special stock dividend of 0.012 shares of Class A common stock (NYSE:SUM)
us.rd.yahoo.com - December 2 at 7:40 PM
bizjournals.com logoResearch Reports Initiation on Industrial Goods Stocks -- Vulcan Materials, Summit Materials, MDU Resources, and MasTec (NYSE:SUM)
www.bizjournals.com - November 28 at 1:40 PM
News IconSummit Materials Inc (SUM) is Downgraded by BofA/Merrill to Neutral (NYSE:SUM)
diy-home-garden.com - November 18 at 7:19 PM
News IconRating Worth Mentioning Today: Summit Materials (NYSE:SUM) Was Downgraded by Bank of America (Merrill Lynch) to Neutral (NYSE:SUM)
www.whatsonthorold.com - November 17 at 11:58 AM
4-traders.com logoSummit Materials, Inc. (NASDAQ:SUM) Files An 8-K Other Events (NYSE:SUM)
www.4-traders.com - November 17 at 11:58 AM
biz.yahoo.com logoSUMMIT MATERIALS, INC. Files SEC form 8-K, Other Events, Financial Statements and Exhibits (NYSE:SUM)
biz.yahoo.com - November 16 at 7:58 PM

Social

What is Summit Materials' stock symbol?

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

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

8 brokers have issued twelve-month price targets for Summit Materials' stock. Their forecasts range from $20.00 to $30.00. On average, they anticipate Summit Materials' share price to reach $25.14 in the next twelve months.

When will Summit Materials announce their earnings?

Summit Materials is scheduled to release their next quarterly earnings announcement on Wednesday, February, 22nd 2017.

Who owns Summit Materials stock?

Summit Materials' stock is owned by a variety of of retail and institutional investors. Top institutional investors include Janus Capital Management LLC (4.79%), Levin Capital Strategies L.P. (3.76%), Alyeska Investment Group L.P. (2.46%), Roystone Capital Management LP (1.92%), Zimmer Partners LP (1.85%) and State Street Corp (1.79%). 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.

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 Caxton Associates LP, Linscomb & Williams Inc., Federated Investors Inc. PA, Cortina Asset Management LLC, Guggenheim Capital LLC, Roystone Capital Management LP, Tudor Investment Corp Et Al and Turner Investments LLC. Company insiders that have sold Summit Materials stock in the last year include Anne Lee Benedict, Blackstone Capital Partners (D, Brian James Harris, Douglas Charles Rauh, Holdings LP Blackstone II, Howard L Lance, Michael John Brady, Mikel Shane Evans, Ted A Gardner and Thomas W Hill.

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 Levin Capital Strategies L.P., Janus Capital Management LLC, Impala Asset Management LLC, Zimmer Partners LP, Russell Investments Group Ltd., Luminus Management LLC, Two Sigma Investments LP and Alyeska Investment Group L.P.. Company insiders that have bought Summit Materials stock in the last two years include Brian James Harris, Damian John Murphy, Douglas Charles Rauh, John Raymond Murphy and Thomas W Hill.

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 $23.29.

Summit Materials (NYSE:SUM) Chart for Thursday, February, 23, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for Summit Materials (NYSE:SUM)

Earnings History Chart

Earnings by Quarter for Summit Materials (NYSE:SUM)

Dividend History Chart

Dividend Payments by Quarter for Summit Materials (NYSE:SUM)

Last Updated on 2/23/2017 by MarketBeat.com Staff