NYSE:SUMSummit Materials Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Summit Materials Inc Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $12.01 -1.13 (-8.60 %) (As of 04/3/2020 04:00 PM ET) Add Compare Share Today's Range$11.23Now: $12.01▼$13.6250-Day Range$8.48MA: $16.98▼$24.1152-Week Range$7.51Now: $12.01▼$25.22Volume1.45 million shsAverage Volume1.90 million shsMarket Capitalization$1.36 billionP/E Ratio24.51Dividend YieldN/ABeta2.01 ProfileAnalyst RatingsAdvanced ChartEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media Summit Materials, Inc., through its subsidiaries, produces and sells construction materials and related downstream products for the public infrastructure, residential and nonresidential, and other markets. It operates in three segments: West, East, and Cement. The company's products include aggregates, cement, ready-mix concrete, asphalt paving mixes, and concrete products, as well as plastics components. It also provides paving and related services primarily comprising asphalt paving services to the private and public infrastructure sectors. In addition, the company operates municipal waste, construction, and demolition debris landfills; and liquid asphalt terminal. It has operations in the United States; and British Columbia, Canada. The company was founded in 2009 and is headquartered in Denver, Colorado.Read More Beat the Market (BTM) Rank™ 4.3 Analyst's Opinion Consensus RatingSummit Materials has received a consensus rating of Buy. The company's average rating score is 2.67, and is based on 11 buy ratings, 3 hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $23.75, Summit Materials has a potential upside of 97.8% from its current price of $12.01.Amount of Analyst CoverageSummit Materials has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 2.6 Community Rank Outperform VotesSummit Materials has received 368 “outperform” votes. (Add your “outperform” vote.)Underperform VotesSummit Materials has received 331 “underperform” votes. (Add your “underperform” vote.)Community SentimentSummit Materials has received 52.65% “outperform” votes from our community.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. Previous Next 0.0 Dividend Strength Dividend YieldSummit Materials does not currently pay a dividend.Dividend GrowthSummit Materials does not have a long track record of dividend growth. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Summit Materials insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 1.76% of the stock of Summit Materials is held by insiders. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Summit Materials are expected to grow by 40.98% in the coming year, from $0.61 to $0.86 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Summit Materials is 24.51, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 10.67.Price to Earnings Ratio vs. SectorThe P/E ratio of Summit Materials is 24.51, which means that it is trading at a more expensive P/E ratio than the Construction sector average P/E ratio of about 11.42.Price to Book Value per Share RatioSummit Materials has a P/B Ratio of 0.94. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 4.3Community Rank: 2.6Dividend Strength: 0.0Insider Behavior: 0.0Valuation: 2.5 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.89 out of 5 stars Industry, Sector and Symbol Stock Exchange NYSE Industry Mining & quarrying of nonmetallic minerals, except fuels Sub-IndustryN/A SectorConstruction Current SymbolNYSE:SUM Previous Symbol CUSIPN/A CIK1621563 Webhttp://www.summit-materials.com/ Phone303-893-0012Debt Debt-to-Equity Ratio1.30 Current Ratio2.66 Quick Ratio1.98Price-To-Earnings Trailing P/E Ratio24.51 Forward P/E Ratio19.69 P/E GrowthN/A Sales & Book Value Annual Sales$2.22 billion Price / Sales0.61 Cash Flow$2.67 per share Price / Cash Flow4.49 Book Value$12.75 per share Price / Book0.94Profitability EPS (Most Recent Fiscal Year)$0.94 Net Income$61.12 million Net Margins2.69% Return on Equity8.01% Return on Assets2.73%Miscellaneous Employees6,000 Outstanding Shares113,310,000Market Cap$1.36 billion Next Earnings Date5/13/2020 (Estimated) OptionableOptionable 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. SUM Rates by TradingView Summit Materials (NYSE:SUM) Frequently Asked Questions How has Summit Materials' stock been impacted by COVID-19 (Coronavirus)? Summit Materials' stock was trading at $14.15 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, SUM shares have decreased by 15.1% and is now trading at $12.01. View which stocks have been mosted impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of Summit Materials? 15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Summit Materials in the last year. There are currently 1 sell rating, 3 hold ratings and 11 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Summit Materials. When is Summit Materials' next earnings date? Summit Materials is scheduled to release its next quarterly earnings announcement on Wednesday, May 13th 2020. View our earnings forecast for Summit Materials. How were Summit Materials' earnings last quarter? Summit Materials Inc (NYSE:SUM) released its quarterly earnings data on Wednesday, February, 5th. The construction company reported $0.62 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.12 by $0.50. The construction company had revenue of $556.50 million for the quarter, compared to analysts' expectations of $488.40 million. Summit Materials had a return on equity of 8.01% and a net margin of 2.69%. The company's quarterly revenue was up 13.3% on a year-over-year basis. During the same period last year, the company posted ($0.16) EPS. View Summit Materials' earnings history. What price target have analysts set for SUM? 15 Wall Street analysts have issued 12-month target prices for Summit Materials' stock. Their forecasts range from $16.00 to $30.00. On average, they anticipate Summit Materials' share price to reach $23.75 in the next twelve months. This suggests a possible upside of 97.8% from the stock's current price. View analysts' price targets for Summit Materials. Has Summit Materials been receiving favorable news coverage? News stories about SUM stock have been trending very negative recently, according to InfoTrie. The research group identifies positive and negative media coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Summit Materials earned a daily sentiment score of -3.3 on InfoTrie's scale. They also assigned news coverage about the construction company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the company's share price in the near term. View the latest news aboutSummit Materials. Who are some of Summit Materials' key competitors? Some companies that are related to Summit Materials include Sociedad Quimica y Minera de Chile (SQM), Mdu Resources Group (MDU), Teck Resources (TECK), Compass Minerals International (CMP), Hecla Mining (HL), LYNAS CORP LTD/S (LYSDY), United States Lime & Minerals (USLM), Ciner Resources (CINR), U.S. Silica (SLCA), Intrepid Potash (IPI), Smart Sand (SND), Piedmont Lithium (PLL), Hi-Crush (HCR), ZEN Graphene Solutions (ZENYF) and Cambrian Minerals Group (SMPR). What other stocks do shareholders of Summit Materials own? Based on aggregate information from My MarketBeat watchlists, some companies that other Summit Materials investors own include Square (SQ), WNS (WNS), Netflix (NFLX), Altria Group (MO), Enterprise Products Partners (EPD), Energy Transfer LP Unit (ET), General Electric (GE), Starbucks (SBUX), Walgreens Boots Alliance (WBA) and Bank of America (BAC). Who are Summit Materials' key executives? Summit Materials' management team includes the following people: Mr. Thomas W. Hill B.A., MBA, Founder, Pres, CEO & Director (Age 63)Mr. Brian J. Harris, Exec. VP & CFO (Age 63)Mr. Karl H. Watson Jr., Exec. VP & COO (Age 54)Mr. Michael J. Brady, Exec. VP & Chief Bus. Devel. Officer (Age 51)Mr. M. Shane Evans, Exec. VP & Pres of West Division (Age 48) When did Summit Materials IPO? (SUM) raised $400 million in an initial public offering (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. What is Summit Materials' stock symbol? Summit Materials trades on the New York Stock Exchange (NYSE) under the ticker symbol "SUM." 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, Robinhood, Fidelity, and Charles Schwab. What is Summit Materials' stock price today? One share of SUM stock can currently be purchased for approximately $12.01. How big of a company is Summit Materials? Summit Materials has a market capitalization of $1.36 billion and generates $2.22 billion in revenue each year. The construction company earns $61.12 million in net income (profit) each year or $0.94 on an earnings per share basis. Summit Materials employs 6,000 workers across the globe. View additional information about Summit Materials. 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] This page was last updated on 4/4/2020 by MarketBeat.com StaffFeatured Article: How a Back-End Load Mutual Fund Works
