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: $19.92
  • 50 Day Moving Average: $21.02
  • 200 Day Moving Average: $20.15
  • Trailing P/E Ratio: 59.82
  • Foreward P/E Ratio: 12.30
  • P/E Growth: 1.50
  • Market Cap: $1.50B
  • Outstanding Shares: 75,430,000
  • Beta: 2.04
Additional Links:
Companies Related to Summit Materials:

Analyst Ratings

Consensus Ratings for Summit Materials (NYSE:SUM) (?)
Ratings Breakdown: 1 Hold Rating, 5 Buy Ratings
Consensus Rating:Buy (Score: 2.83)
Consensus Price Target: $24.86 (24.78% upside)

Analysts' Ratings History for Summit Materials (NYSE:SUM)
Show:
DateFirmActionRatingPrice TargetDetails
8/4/2016Citigroup Inc.Boost Price TargetBuy$25.00 -> $26.00View Rating Details
6/17/2016Bank of America Corp.Reiterated RatingBuyView Rating Details
4/26/2016Goldman Sachs Group Inc.Reiterated RatingBuyView Rating Details
4/1/2016Royal Bank Of CanadaBoost Price TargetOutperform$18.00 -> $23.00View 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
1/12/2016DA DavidsonLower Price Target$32.00 -> $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 Corp.Initiated 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
4/17/2015SusquehannaInitiated CoveragePositive$28.00View Rating Details
(Data available from 8/29/2014 forward)

Earnings

Earnings History for Summit Materials (NYSE:SUM)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
11/1/2016        
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: $1.21 EPS
Next Year EPS Consensus Estimate: $1.62 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 20163$0.36$0.47$0.42
(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)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
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
reuters.com logoBRIEF-Melvin Capital Management reports 5.06 pct passive stake in Summit Materials - SEC filing (NYSE:SUM)
www.reuters.com - August 22 at 7:31 PM
News IconSummit Materials appoints Steven H. Wunning to its Board of Directors (NYSE:SUM)
www.aggman.com - August 22 at 7:31 PM
News IconSummit Materials appoints Steven Wunning (NYSE:SUM)
www.worldcement.com - August 11 at 10:57 AM
reuters.com logoBRIEF-Summit Materials appoints Steven Wunning as new board director (NYSE:SUM)
www.reuters.com - August 10 at 8:08 PM
biz.yahoo.com logoSUMMIT MATERIALS, INC. Files SEC form 10-Q, Quarterly Report (NYSE:SUM)
biz.yahoo.com - August 10 at 8:08 PM
finance.yahoo.com logoSummit Materials Appoints Steven Wunning as New Director to its Board (NYSE:SUM)
finance.yahoo.com - August 10 at 10:47 AM
fidaily.com logoCitigroup Maintains Rating And Raises Price Target On Summit Materials, Inc. Class A (SUM) (NYSE:SUM)
www.fidaily.com - August 5 at 7:50 PM
capitalcube.com logoSummit Materials, Inc. :SUM-US: Earnings Analysis: Q2, 2016 By the Numbers : August 5, 2016 (NYSE:SUM)
www.capitalcube.com - August 5 at 7:50 PM
bloomberg.com logoUS Concrete Slumps Most in Four Months as Rains Hurt Volume (NYSE:SUM)
www.bloomberg.com - August 4 at 8:05 PM
News IconRainy weather in key markets drags down U.S. Concrete's stock (NYSE:SUM)
www.dallasnews.com - August 4 at 8:05 PM
finance.yahoo.com logoEdited Transcript of SUM earnings conference call or presentation 3-Aug-16 3:00pm GMT (NYSE:SUM)
finance.yahoo.com - August 4 at 10:51 AM
capitalcube.com logoSummit Materials, Inc. breached its 50 day moving average in a Bearish Manner : SUM-US : August 3, 2016 (NYSE:SUM)
www.capitalcube.com - August 3 at 8:01 PM
thestreet.com logoSummit Materials (SUM) Stock Climbs on Q2 Revenue Beat (NYSE:SUM)
www.thestreet.com - August 3 at 8:01 PM
cnbc.com logoSummit Materials beats Street 2Q forecasts (NYSE:SUM)
www.cnbc.com - August 3 at 10:54 AM
stockhouse.com logoSummit Materials Announces Second Quarter 2016 Results (NYSE:SUM)
www.stockhouse.com - August 3 at 10:54 AM
biz.yahoo.com logoQ2 2016 Summit Materials Inc Earnings Release - Before Market Open (NYSE:SUM)
biz.yahoo.com - August 3 at 10:54 AM
finance.yahoo.com logoPeek in Construction Stocks Q2 Earnings on Aug 3: RYN & More (NYSE:SUM)
finance.yahoo.com - August 2 at 11:33 AM
streetinsider.com logoForm 4 Summit Materials, Inc. For: Jul 19 Filed by: Hill Thomas W. (NYSE:SUM)
www.streetinsider.com - July 22 at 7:27 PM
4-traders.com logoSUMMIT MATERIALS, INC. : Other Events, Financial Statements and Exhibits (form 8-K) (NYSE:SUM)
www.4-traders.com - July 19 at 7:50 PM
biz.yahoo.com logoSUMMIT MATERIALS, INC. Files SEC form 8-K, Other Events, Financial Statements and Exhibits (NYSE:SUM)
biz.yahoo.com - July 19 at 4:32 PM
prnewswire.com logoIndustrial Goods Sector Equities Under the Scanner -- Quanta Services, Chicago Bridge & Iron, Summit Materials, and Vulcan Materials (NYSE:SUM)
www.prnewswire.com - July 14 at 11:14 AM
finance.yahoo.com logoSummit Materials Announces Secondary Offering of Common Stock (NYSE:SUM)
finance.yahoo.com - July 14 at 11:13 AM
finance.yahoo.com logoSummit Materials Announces Second Quarter 2016 Conference Call Date (NYSE:SUM)
finance.yahoo.com - July 14 at 7:00 AM
biz.yahoo.com logoSUMMIT MATERIALS, INC. Files SEC form 8-K, Results of Operations and Financial Condition (NYSE:SUM)
biz.yahoo.com - July 13 at 4:58 PM
capitalcube.com logoSummit Materials, Inc. breached its 50 day moving average in a Bullish Manner : SUM-US : July 11, 2016 (NYSE:SUM)
www.capitalcube.com - July 11 at 8:21 AM
News IconClovis Oncology board members’ compensation among highest in Colorado (NYSE:SUM)
www.denverpost.com - June 26 at 6:34 PM
streetinsider.com logoForm 4 Summit Materials, Inc. For: Jun 22 Filed by: Hill Thomas W. (NYSE:SUM)
www.streetinsider.com - June 24 at 7:41 PM
fidaily.com logoInsider Trading Activity – Summit Materials, Inc. Class A (NYSE:SUM) (NYSE:SUM)
www.fidaily.com - June 24 at 7:41 PM
finance.yahoo.com logoSummit Materials (SUM) Sees Hammer Chart Pattern: Time to Buy? (NYSE:SUM)
finance.yahoo.com - June 22 at 9:02 AM
capitalcube.com logoSummit Materials, Inc. – Value Analysis (NYSE:SUM) : June 13, 2016 (NYSE:SUM)
www.capitalcube.com - June 13 at 2:53 PM
nasdaq.com logoCommit To Buy Summit Materials At $17.50, Earn 11.7% Annualized Using Options (NYSE:SUM)
www.nasdaq.com - June 11 at 10:35 AM
capitalcube.com logoSummit Materials, Inc. breached its 50 day moving average in a Bearish Manner : SUM-US : June 10, 2016 (NYSE:SUM)
www.capitalcube.com - June 10 at 8:28 AM
istreetwire.com logoSummit Materials, Inc. (NYSE:SUM) Near to Lift Curtain on June 2016 Earnings (NYSE:SUM)
istreetwire.com - June 7 at 7:55 PM
capitalcube.com logoSolium Capital, Inc. :SUM-CA: Earnings Analysis: Q1, 2016 By the Numbers : June 1, 2016 (NYSE:SUM)
www.capitalcube.com - June 1 at 1:04 PM
biz.yahoo.com logoSUMMIT MATERIALS, INC. Files SEC form 8-K, Change in Directors or Principal Officers, Submission of Matters to a Vote (NYSE:SUM)
biz.yahoo.com - May 31 at 4:08 PM
nasdaq.com logoAnalysts See 16% Upside For The Holdings of FPX (NYSE:SUM)
www.nasdaq.com - May 31 at 11:13 AM
News IconPerformance at a Glance on Summit Materials, Inc. (NYSE:SUM) - HNN (NYSE:SUM)
hintsnewsnetwork.com - May 29 at 2:49 PM
News IconSummit Materials Chooses CXO-Cockpit to Fully Leverage Their EPM Intelligence with Agile Performance Reporting - PR Web (press release) (NYSE:SUM)
www.prweb.com - May 28 at 2:41 PM
News IconSummit Materials announces annual meeting results - World Cement (NYSE:SUM)
www.worldcement.com - May 28 at 2:41 PM
thestreet.com logoWhy the Construction Market Looks Ready to Pop (NYSE:SUM)
www.thestreet.com - May 24 at 1:30 PM
thestreet.com logoConcrete Business Looking Solid Says Summit Materials CEO (NYSE:SUM)
www.thestreet.com - May 24 at 11:42 AM
finance.yahoo.com logoSUMMIT MATERIALS, INC. Financials (NYSE:SUM)
finance.yahoo.com - May 12 at 1:04 PM
capitalcube.com logoSummit Materials, Inc. :SUM-US: Earnings Analysis: Q1, 2016 By the Numbers (NYSE:SUM)
www.capitalcube.com - May 10 at 12:56 PM
finance.yahoo.com logoEdited Transcript of SUM earnings conference call or presentation 4-May-16 3:00pm GMT (NYSE:SUM)
finance.yahoo.com - May 4 at 6:29 PM
thestreet.com logoSummit Materials (SUM) Stock Advancing on Q1 Results (NYSE:SUM)
www.thestreet.com - May 4 at 10:11 AM
biz.yahoo.com logoQ1 2016 Summit Materials Inc Earnings Release - Before Market Open (NYSE:SUM)
biz.yahoo.com - May 4 at 7:07 AM
sg.finance.yahoo.com logoSummit Materials reports 1Q loss (NYSE:SUM)
sg.finance.yahoo.com - May 4 at 6:21 AM
finance.yahoo.com logoSummit Materials Announces First Quarter 2016 Results (NYSE:SUM)
finance.yahoo.com - May 4 at 6:00 AM
finance.yahoo.com logoSummit Materials Enters Las Vegas Market with an Integrated Aggregates and Ready Mix Concrete Acquisition (NYSE:SUM)
finance.yahoo.com - May 4 at 5:59 AM
finance.yahoo.com logoSummit Materials Announces First Quarter 2016 Conference Call (NYSE:SUM)
finance.yahoo.com - April 21 at 4:15 PM

Social

Summit Materials (NYSE:SUM) Chart for Monday, August, 29, 2016


Last Updated on 8/29/2016 by MarketBeat.com Staff