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

Sign in or create an account to add this stock to your watchlist.
$13.80 +0.13 (+0.95 %)
(As of 01/16/2019 04:00 PM ET)
Previous Close$13.67
Today's Range$13.72 - $14.16
52-Week Range$11.25 - $34.06
Volume52,816 shs
Average Volume1.35 million shs
Market Capitalization$1.59 billion
P/E Ratio14.80
Dividend YieldN/A
Beta1.74
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.

Receive SUM News and Ratings via Email

Sign-up to receive the latest news and ratings for SUM and its competitors with MarketBeat's FREE daily newsletter.

Industry, Sector and Symbol

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

Debt

Current Ratio2.30
Quick Ratio1.50

Price-To-Earnings

Sales & Book Value

Annual Sales$1.93 billion
Price / Sales0.80
Cash Flow$2.5891 per share
Price / Cash Flow5.33
Book Value$11.52 per share
Price / Book1.20

Profitability

Net Income$125.80 million
Net Margins4.64%
Return on Assets2.27%

Miscellaneous

Employees6,000
Market Cap$1.59 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 results on Tuesday, November, 6th. The construction company reported $0.54 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.75 by $0.21. The construction company had revenue of $625 million for the quarter, compared to analysts' expectations of $638.93 million. Summit Materials had a return on equity of 6.74% and a net margin of 4.64%. The business's quarterly revenue was up 8.8% compared to the same quarter last year. During the same period in the prior year, the business posted $0.73 earnings per share. View Summit Materials' Earnings History.

When is Summit Materials' next earnings date?

Summit Materials is scheduled to release their next quarterly earnings announcement on Wednesday, February 13th 2019. View Earnings Estimates for Summit Materials.

What price target have analysts set for SUM?

10 brokerages have issued twelve-month price targets for Summit Materials' stock. Their predictions range from $18.00 to $38.00. On average, they expect Summit Materials' share price to reach $24.5556 in the next year. This suggests a possible upside of 77.8% 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 1 hold rating and 9 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?

Media stories about SUM stock have been trending somewhat negative this week, InfoTrie reports. The research firm identifies negative and positive media coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Summit Materials earned a coverage optimism score of -1.2 on InfoTrie's scale. They also assigned news articles about the construction company a news buzz of 5.0 out of 10, indicating that recent media coverage is somewhat likely to have an impact on the company's share price in the near future.

Are investors shorting Summit Materials?

Summit Materials saw a drop in short interest in December. As of December 14th, there was short interest totalling 15,325,555 shares, a drop of 18.2% from the November 30th total of 18,733,058 shares. Based on an average trading volume of 3,080,406 shares, the days-to-cover ratio is presently 5.0 days. Approximately 13.8% of the shares of the stock are sold short. 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 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 many different of retail and institutional investors. Top institutional investors include New England Research & Management Inc. (0.01%). 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 major investors are selling Summit Materials stock?

SUM stock was sold by a variety of institutional investors in the last quarter, including New England Research & Management Inc.. Company insiders that have sold Summit Materials company stock in the last year include Anne Lee Benedict, John Raymond Murphy, Ted A Gardner 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 $13.81.

How big of a company is Summit Materials?

Summit Materials has a market capitalization of $1.59 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.

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:  290 (Vote Outperform)
Underperform Votes:  247 (Vote Underperform)
Total Votes:  537
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 1/16/2019 by MarketBeat.com Staff

Featured Article: What does RSI mean?

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel