NYSE:SUM - Summit Materials Stock Price, News, & Analysis

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$17.66 -0.05 (-0.28 %)
(As of 02/21/2019 01:01 PM ET)
Previous Close$17.71
Today's Range$17.43 - $17.74
52-Week Range$11.25 - $33.02
Volume913,723 shs
Average Volume1.93 million shs
Market Capitalization$1.97 billion
P/E Ratio117.73
Dividend YieldN/A
Beta1.88
Summit Materials, Inc., together with its subsidiaries, produces and sells construction materials and related downstream products. Its products include aggregates, cement, ready-mix concrete, asphalt paving mixes, and concrete products. The company also provides paving and related services to private and public infrastructure sectors. In addition, it operates municipal waste, construction, and demolition debris landfills; and liquid asphalt terminal. The company operates in the United States, British Columbia, and Canada. Summit Materials, Inc. was founded in 2009 and is headquartered in Denver, Colorado.

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Industry, Sector and Symbol

Industry Mining & quarrying of nonmetallic minerals, except fuels
Sub-IndustryN/A
SectorConstruction
CUSIPN/A
Phone303-893-0012

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$2.10 billion
Cash Flow$2.1695 per share
Book Value$12.02 per share

Profitability

Net Income$36.33 million

Miscellaneous

Employees6,000
Market Cap$1.97 billion
OptionableOptionable

Summit Materials (NYSE:SUM) Frequently Asked Questions

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 quarterly earnings data on Wednesday, February, 6th. The construction company reported ($0.16) earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.04 by $0.20. The construction company had revenue of $491 million for the quarter, compared to the consensus estimate of $459.58 million. Summit Materials had a net margin of 1.68% and a return on equity of 1.34%. Summit Materials's quarterly revenue was up .2% on a year-over-year basis. During the same period in the prior year, the business posted $0.43 EPS. View Summit Materials' Earnings History.

When is Summit Materials' next earnings date?

Summit Materials is scheduled to release their next quarterly earnings announcement on Tuesday, May 14th 2019. View Earnings Estimates for Summit Materials.

What price target have analysts set for SUM?

10 brokers have issued 1-year price targets for Summit Materials' stock. Their predictions range from $18.00 to $35.00. On average, they expect Summit Materials' share price to reach $22.8750 in the next year. This suggests a possible upside of 29.5% from the stock's current price. View Analyst Price Targets for Summit Materials.

What is the consensus analysts' recommendation for Summit Materials?

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Summit Materials in the last year. There are currently 2 hold ratings and 8 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Summit Materials.

Has Summit Materials been receiving favorable news coverage?

News coverage about SUM stock has trended somewhat negative on Thursday, according to InfoTrie. The research firm ranks the sentiment of media coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Summit Materials earned a daily sentiment score of -1.7 on InfoTrie's scale. They also assigned headlines about the construction company a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an effect on the company's share price in the near term.

Who are some of Summit Materials' key competitors?

Who are Summit Materials' key executives?

Summit Materials' management team includes the folowing people:
  • Mr. Thomas W. Hill B.A., MBA, Founder, Pres, CEO & Director (Age 63)
  • Mr. Brian J. Harris, Exec. VP & CFO (Age 63)
  • Mr. Michael J. Brady, Exec. VP & Chief Bus. Devel. Officer (Age 51)
  • Mr. M. Shane Evans, Exec. VP & Pres of West Division (Age 48)
  • Mr. Karl H. Watson Jr., Exec. VP & COO (Age 54)

When did Summit Materials IPO?

(SUM) raised $400 million in an 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 are Summit Materials' major shareholders?

Summit Materials' stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (6.98%), Jennison Associates LLC (6.67%), Principal Financial Group Inc. (4.05%), Dimensional Fund Advisors LP (3.21%), Eagle Asset Management Inc. (2.77%) and Westfield Capital Management Co. LP (2.37%). Company insiders that own Summit Materials stock include Anne Lee Benedict, Brian James Harris, Damian John Murphy, Douglas Charles Rauh, John Raymond Murphy, Karl Watson, Mikel Shane Evans, Ted A Gardner, Thomas A Beck and Thomas W Hill. View Institutional Ownership Trends for Summit Materials.

Which institutional investors are selling Summit Materials stock?

SUM stock was sold by a variety of institutional investors in the last quarter, including Millennium Management LLC, Public Employees Retirement Association of Colorado, Kornitzer Capital Management Inc. KS, Eagle Asset Management Inc., Advisors Asset Management Inc., BP Capital Fund Advisors LLC, Barclays PLC and MetLife Investment Advisors LLC. Company insiders that have sold Summit Materials company stock in the last year include Anne Lee Benedict, Ted A Gardner and Thomas W Hill. View Insider Buying and Selling for Summit Materials.

Which institutional investors are buying Summit Materials stock?

SUM stock was bought by a variety of institutional investors in the last quarter, including Jennison Associates LLC, Dimensional Fund Advisors LP, Lodge Hill Capital LLC, Victory Capital Management Inc., Lord Abbett & CO. LLC, Principal Financial Group Inc., Two Sigma Investments LP and Bank of America Corp DE. Company insiders that have bought Summit Materials stock in the last two years include Brian James Harris, Karl Watson, Thomas A Beck and Thomas W Hill. View Insider Buying and Selling for Summit Materials.

How do I buy shares of Summit Materials?

Shares of SUM can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Summit Materials' stock price today?

One share of SUM stock can currently be purchased for approximately $17.66.

How big of a company is Summit Materials?

Summit Materials has a market capitalization of $1.97 billion and generates $2.10 billion in revenue each year. The construction company earns $36.33 million in net income (profit) each year or $0.15 on an earnings per share basis. Summit Materials employs 6,000 workers across the globe.

What is Summit Materials' official website?

The official website for Summit Materials is http://www.summit-materials.com.

How can I contact Summit Materials?

Summit Materials' mailing address is 1550 Wynkoop Street 3rd Floor, Denver CO, 80202. The construction company can be reached via phone at 303-893-0012 or via email at [email protected]


MarketBeat Community Rating for Summit Materials (NYSE SUM)

Community Ranking:  2.7 out of 5 (star star)
Outperform Votes:  293 (Vote Outperform)
Underperform Votes:  254 (Vote Underperform)
Total Votes:  547
MarketBeat's community ratings are surveys of what our community members think about Summit Materials and other stocks. Vote "Outperform" if you believe SUM will outperform the S&P 500 over the long term. Vote "Underperform" if you believe SUM will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 2/21/2019 by MarketBeat.com Staff

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