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

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$19.23 +0.09 (+0.47 %)
(As of 09/20/2018 04:00 PM ET)
Previous Close$19.14
Today's Range$19.15 - $19.53
52-Week Range$18.47 - $34.06
Volume2.28 million shs
Average Volume1.61 million shs
Market Capitalization$2.14 billion
P/E Ratio20.66
Dividend YieldN/A
Beta1.5
Summit Materials logoSummit 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

Stock Exchange NYSE
Industry Mining & quarrying of nonmetallic minerals, except fuels
Sub-IndustryN/A
SectorConstruction
SymbolNYSE:SUM
CUSIPN/A
Phone303-893-0012

Debt

Debt-to-Equity Ratio1.41
Current Ratio2.07
Quick Ratio1.26

Price-To-Earnings

Trailing P/E Ratio20.66
Forward P/E Ratio19.23
P/E Growth1.83

Sales & Book Value

Annual Sales$1.93 billion
Price / Sales1.11
Cash Flow$2.6708 per share
Price / Cash7.20
Book Value$11.52 per share
Price / Book1.67

Profitability

EPS (Most Recent Fiscal Year)$0.93
Net Income$125.80 million
Net Margins5.16%
Return on Equity8.54%
Return on Assets2.78%

Miscellaneous

Employees6,000
Outstanding Shares111,630,000
Market Cap$2.14 billion

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 results on Wednesday, August, 1st. The construction company reported $0.32 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.56 by $0.24. The construction company had revenue of $549.24 million for the quarter, compared to analysts' expectations of $546.76 million. Summit Materials had a return on equity of 8.54% and a net margin of 5.16%. The business's revenue for the quarter was up 14.8% on a year-over-year basis. During the same period in the prior year, the business earned $0.47 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 Monday, October, 29th 2018. View Earnings Estimates for Summit Materials.

What price target have analysts set for SUM?

10 brokers have issued twelve-month target prices for Summit Materials' shares. Their predictions range from $12.50 to $38.00. On average, they anticipate Summit Materials' stock price to reach $30.15 in the next twelve months. This suggests a possible upside of 56.9% 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.

Are investors shorting Summit Materials?

Summit Materials saw a increase in short interest during the month of August. As of August 31st, there was short interest totalling 13,895,017 shares, an increase of 47.4% from the August 15th total of 9,424,503 shares. Based on an average daily volume of 2,272,796 shares, the days-to-cover ratio is presently 6.1 days. Approximately 12.5% of the shares of the company are short sold. View Summit Materials' Current Options Chain.

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 62)
  • Mr. Brian J. Harris, Exec. VP & CFO (Age 62)
  • Mr. Michael J. Brady, Exec. VP & Chief Bus. Devel. Officer (Age 50)
  • Mr. M. Shane Evans, Exec. VP & Pres of West Division (Age 47)
  • Mr. Karl H. Watson Jr., Exec. VP & COO (Age 53)

When did Summit Materials IPO?

(SUM) raised $400 million in an initial public offering on Thursday, March 12th 2015. The company issued 22,200,000 shares at $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.

Has Summit Materials been receiving favorable news coverage?

Media coverage about SUM stock has been trending somewhat positive recently, Accern Sentiment Analysis reports. Accern ranks the sentiment of press coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Summit Materials earned a daily sentiment score of 0.18 on Accern's scale. They also assigned media coverage about the construction company an impact score of 46.57 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company's share price in the immediate future. View Recent Headlines for Summit Materials.

Who are Summit Materials' major shareholders?

Summit Materials' stock is owned by a number of of retail and institutional investors. Top institutional investors include BlackRock Inc. (6.78%), Jennison Associates LLC (5.29%), Janus Henderson Group PLC (5.26%), FMR LLC (3.96%), FMR LLC (3.96%) and Putnam Investments LLC (3.77%). Company insiders that own Summit Materials stock include Anne Lee Benedict, Brian James Harris, Damian John Murphy, Douglas Charles Rauh, Holdings LP Blackstone II, John Raymond Murphy, Karl Watson, Michael John Brady, Mikel Shane Evans, Ted A Gardner, Thomas A Beck and Thomas W Hill. View Institutional Ownership Trends for Summit Materials.

Which major investors are selling Summit Materials stock?

SUM stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, FMR LLC, Victory Capital Management Inc., Penn Capital Management Co. Inc., Vaughan Nelson Investment Management L.P., Millennium Management LLC, Advisors Asset Management Inc. and First Trust Advisors LP. Company insiders that have sold Summit Materials company stock in the last year include Anne Lee Benedict, Damian John Murphy, Douglas Charles Rauh, John Raymond Murphy, Ted A Gardner and Thomas W Hill. View Insider Buying and Selling for Summit Materials.

Which major investors are buying Summit Materials stock?

SUM stock was bought by a variety of institutional investors in the last quarter, including Carillon Tower Advisers Inc., Eagle Asset Management Inc., Janus Henderson Group PLC, Ashler Capital LLC, Luminus Management LLC, BlackRock Inc., Putnam Investments LLC and Morgan Stanley. 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 $19.22.

How big of a company is Summit Materials?

Summit Materials has a market capitalization of $2.14 billion and generates $1.93 billion in revenue each year. The construction company earns $125.80 million in net income (profit) each year or $0.93 on an earnings per share basis. Summit Materials employs 6,000 workers across the globe.

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:  258 (Vote Outperform)
Underperform Votes:  226 (Vote Underperform)
Total Votes:  484
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 9/20/2018 by MarketBeat.com Staff

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