Summit Materials Company Profile (NYSE:SUM)

About Summit Materials (NYSE:SUM)

Summit Materials logoSummit Materials, Inc. is a construction materials company. The Company operates through three segments: West, East and Cement. As of December 31, 2016, the Company had operations in 21 states in the United States and in British Columbia, Canada. The Company's materials include aggregates, which it supplies across the United States, and in British Columbia, Canada, and cement, which it supplies along the Mississippi River from Minneapolis to New Orleans. Within its markets, it offers construction materials and related downstream products through its vertical integration. In addition to supplying of aggregates to its customers, the Company also uses its materials internally to produce ready-mix concrete and asphalt paving mix. Its construction materials operations consists of aggregates production, including crushed stone and construction sand and gravel, cement and ready-mixed concrete production, and asphalt paving mix production.

Industry, Sector and Symbol:
  • Sector: Construction
  • Industry: Construction Materials
  • Sub-Industry: N/A
  • Symbol: NYSE:SUM
  • CUSIP: N/A
  • Web:
  • Market Cap: $3.34232 billion
  • Outstanding Shares: 107,504,000
Average Prices:
  • 50 Day Moving Avg: $31.20
  • 200 Day Moving Avg: $31.20
  • 52 Week Range: $17.84 - $32.69
  • Trailing P/E Ratio: 69.09
  • Foreward P/E Ratio: 17.78
  • P/E Growth: 0.88
Sales & Book Value:
  • Annual Revenue: $1.76 billion
  • Price / Sales: 1.89
  • Book Value: $10.23 per share
  • Price / Book: 3.02
  • EBITDA: $368.45 million
  • Net Margins: 2.46%
  • Return on Equity: 9.90%
  • Return on Assets: 3.22%
  • Debt-to-Equity Ratio: 1.62%
  • Current Ratio: 2.98%
  • Quick Ratio: 2.32%
  • Average Volume: 1.22 million shs.
  • Beta: 2.08
  • Short Ratio: 7.7

Frequently Asked Questions for Summit Materials (NYSE:SUM)

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) released its quarterly earnings results on Wednesday, August, 2nd. The company reported $0.48 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.57 by $0.09. The firm had revenue of $478.37 million for the quarter, compared to analysts' expectations of $469.91 million. Summit Materials had a net margin of 2.46% and a return on equity of 9.90%. The business's quarterly revenue was up 15.9% compared to the same quarter last year. During the same period in the previous year, the company posted $0.46 earnings per share. View Summit Materials' Earnings History.

When will Summit Materials make its next earnings announcement?

Summit Materials is scheduled to release their next quarterly earnings announcement on Monday, October, 30th 2017. View Earnings Estimates for Summit Materials.

Where is Summit Materials' stock going? Where will Summit Materials' stock price be in 2017?

7 brokers have issued 12 month price targets for Summit Materials' stock. Their predictions range from $27.00 to $35.00. On average, they anticipate Summit Materials' stock price to reach $32.20 in the next twelve months. View Analyst Ratings for Summit Materials.

Who are some of Summit Materials' key competitors?

Who are Summit Materials' key executives?

Summit Materials' management team includes the folowing people:

  • Howard Lee Lance, Independent Chairman of the Board
  • Thomas W. Hill, President, Chief Executive Officer, Director
  • Brian James Harris, Chief Financial Officer, Executive Vice President
  • Douglas Charles Rauh, Chief Operating Officer, Executive Vice President
  • Kevin A. Gill, Chief Human Resource Officer, Executive Vice President
  • Anne Lee Benedict, Executive Vice President, Chief Legal Officer, Secretary
  • Thomas A. Beck, Executive Vice President and Cement Division President
  • Michael John Brady, Executive Vice President, Chief Business Development Officer
  • Mikel Shane Evans, Executive Vice President, West Region President
  • Damian John Murphy, Executive Vice President, East Division President

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 $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.

How do I buy Summit Materials stock?

Shares of Summit Materials can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Summit Materials' stock price today?

One share of Summit Materials stock can currently be purchased for approximately $30.94.

MarketBeat Community Rating for Summit Materials (NYSE SUM)
Community Ranking:  2.8 out of 5 (star star)
Outperform Votes:  176 (Vote Outperform)
Underperform Votes:  136 (Vote Underperform)
Total Votes:  312
MarketBeat's community ratings are surveys of what our community members think about Summit Materials and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Summit Materials (NYSE:SUM) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 1 Hold Rating, 6 Buy Ratings
Consensus Rating:Buy (Score: 2.86)
Consensus Price Target: $32.20 (4.07% upside)
Consensus Price Target History for Summit Materials (NYSE:SUM)
Price Target History for Summit Materials (NYSE:SUM)
Analysts' Ratings History for Summit Materials (NYSE:SUM)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
8/9/2017Royal Bank Of CanadaReiterated RatingOutperform$33.00 -> $35.00LowView Rating Details
8/3/2017Stifel NicolausReiterated RatingBuy$35.00LowView Rating Details
6/8/2017Longbow ResearchInitiated CoverageBuy -> Buy$34.00HighView Rating Details
3/31/2017Cleveland ResearchReiterated RatingBuyMediumView Rating Details
1/20/2017SunTrust Banks, Inc.Initiated CoverageBuy$30.00N/AView Rating Details
11/17/2016DA DavidsonReiterated RatingBuy$27.00N/AView Rating Details
11/16/2016Bank of America CorporationDowngradeBuy -> NeutralN/AView Rating Details
10/11/2016Goldman Sachs Group, Inc. (The)DowngradeBuy -> Neutral$22.00 -> $21.00N/AView Rating Details
8/4/2016Citigroup Inc.Boost Price TargetBuy$25.00 -> $26.00N/AView Rating Details
3/22/2016Barclays PLCBoost Price TargetEqual Weight$19.00 -> $20.00N/AView Rating Details
2/17/2016Deutsche Bank AGReiterated RatingBuy$23.00 -> $26.00N/AView Rating Details
(Data available from 10/19/2015 forward)


Earnings History for Summit Materials (NYSE:SUM)
Earnings by Quarter for Summit Materials (NYSE:SUM)
Earnings History by Quarter for Summit Materials (NYSE SUM)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/31/2017$0.91N/AView Earnings Details
8/2/2017Q2 2017$0.57$0.48$469.91 million$478.37 millionViewListenView Earnings Details
5/3/2017Q1 2017($0.48)($0.50)$233.63 million$259.00 millionViewListenView Earnings Details
2/22/2017Q416$0.25$0.21$385.35 million$387.40 millionViewListenView Earnings Details
11/2/2016Q316$0.73$0.73$483.19 million$529.40 millionViewN/AView Earnings Details
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)


Earnings Estimates for Summit Materials (NYSE:SUM)
2017 EPS Consensus Estimate: $1.24
2018 EPS Consensus Estimate: $1.56
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20172($0.61)($0.43)($0.52)
Q2 20172$0.54$0.54$0.54
Q3 20172$0.81$0.82$0.82
Q4 20172$0.39$0.41$0.40
Q1 20181($0.48)($0.48)($0.48)
Q2 20181$0.63$0.63$0.63
Q3 20181$0.93$0.93$0.93
Q4 20181$0.48$0.48$0.48
(Data provided by Zacks Investment Research)


Dividend History for Summit Materials (NYSE:SUM)
No dividend announcements for this company have been tracked by

Insider Trades

Insider Trading and Institutional Ownership History for Summit Materials (NYSE:SUM)
Insider Ownership Percentage: 1.97%
Insider Trades by Quarter for Summit Materials (NYSE:SUM)
Institutional Ownership by Quarter for Summit Materials (NYSE:SUM)
Insider Trades by Quarter for Summit Materials (NYSE:SUM)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
10/4/2017Thomas W HillInsiderSell12,500$32.11$401,375.00View SEC Filing  
9/22/2017Thomas W HillInsiderSell12,500$31.56$394,500.00View SEC Filing  
9/15/2017Thomas A BeckInsiderSell18,354$29.31$537,955.74View SEC Filing  
9/11/2017Damian John MurphyEVPSell100,000$30.66$3,066,000.00View SEC Filing  
9/7/2017Thomas A BeckInsiderSell19,459$30.23$588,245.57View SEC Filing  
9/7/2017Thomas W HillCEOSell6,200$30.04$186,248.00View SEC Filing  
9/6/2017Thomas A BeckInsiderSell17,899$30.24$541,265.76View SEC Filing  
9/6/2017Thomas W HillCEOSell6,300$30.27$190,701.00View SEC Filing  
9/1/2017Douglas Charles RauhInsiderSell14,574$30.00$437,220.00View SEC Filing  
8/23/2017Thomas W HillInsiderSell12,500$28.20$352,500.00View SEC Filing  
8/11/2017Thomas W HillInsiderSell12,500$28.56$357,000.00View SEC Filing  
8/10/2017Douglas Charles RauhInsiderSell100,000$28.69$2,869,000.00View SEC Filing  
8/7/2017Thomas W HillInsiderSell250,000$29.30$7,325,000.00View SEC Filing  
8/4/2017Anne Lee BenedictInsiderSell21,147$29.27$618,972.69View SEC Filing  
7/25/2017Thomas W HillInsiderSell12,500$28.75$359,375.00View SEC Filing  
7/24/2017Thomas W HillCEOSell6,300$28.74$181,062.00View SEC Filing  
7/7/2017Thomas W HillInsiderSell12,500$29.22$365,250.00View SEC Filing  
6/23/2017Thomas W HillInsiderSell12,500$27.77$347,125.00View SEC Filing  
6/15/2017Brian James HarrisCFOSell20,000$28.20$564,000.00View SEC Filing  
6/14/2017Anne Lee BenedictInsiderSell7,500$28.48$213,600.00View SEC Filing  
6/8/2017Thomas W HillInsiderSell12,500$27.62$345,250.00View SEC Filing  
6/6/2017Douglas Charles RauhInsiderSell19,000$26.81$509,390.00View SEC Filing  
5/24/2017Thomas W HillInsiderSell12,500$26.94$336,750.00View SEC Filing  
5/12/2017Thomas W HillInsiderSell12,500$26.92$336,500.00View SEC Filing  
5/5/2017Damian John MurphyEVPSell98,510$28.18$2,776,011.80View SEC Filing  
5/5/2017Mikel Shane EvansInsiderSell37,200$28.57$1,062,804.00View SEC Filing  
5/5/2017Ted A GardnerDirectorSell21,344$28.04$598,485.76View SEC Filing  
4/26/2017Thomas W HillInsiderSell12,500$26.08$326,000.00View SEC Filing  
4/4/2017Thomas W HillInsiderSell12,500$24.12$301,500.00View SEC Filing  
4/3/2017Thomas W HillCEOSell6,300$24.13$152,019.00View SEC Filing  
3/23/2017Thomas W HillInsiderSell12,500$23.48$293,500.00View SEC Filing  
3/16/2017Damian John MurphyEVPSell32,033$24.09$771,674.97View SEC Filing  
3/9/2017Thomas W HillInsiderSell10,000$24.09$240,900.00View SEC Filing  
3/1/2017Ted A GardnerDirectorSell19,332$24.80$479,433.60View SEC Filing  
2/28/2017Thomas W. HillInsiderSell10,000$24.09$240,900.00View SEC Filing  
2/17/2017Thomas W HillInsiderSell10,000$23.94$239,400.00View SEC Filing  
1/18/2017Thomas W HillInsiderSell10,000$23.60$236,000.00View SEC Filing  
1/5/2017Thomas W HillInsiderSell10,000$24.57$245,700.00View SEC Filing  
12/21/2016Thomas W HillInsiderSell10,000$24.19$241,900.00View SEC Filing  
12/16/2016Brian James HarrisCFOSell24,000$23.61$566,640.00View SEC Filing  
12/16/2016Mikel Shane EvansInsiderSell60,000$23.80$1,428,000.00View SEC Filing  
12/15/2016Michael John BradyInsiderSell112,825$23.77$2,681,850.25View SEC Filing  
12/15/2016Ted A GardnerDirectorSell22$23.40$514.80View SEC Filing  
12/12/2016Michael John BradyInsiderSell12,175$24.18$294,391.50View SEC Filing  
12/12/2016Ted A GardnerDirectorSell1,611,000$24.07$38,776,770.00View SEC Filing  
12/7/2016Thomas W HillInsiderSell10,000$23.63$236,300.00View SEC Filing  
11/22/2016Thomas W HillInsiderSell12,300$23.61$290,403.00View SEC Filing  
11/21/2016Thomas W HillCEOSell7,300$23.78$173,594.00View SEC Filing  
11/16/2016Holdings L.P. Blackstone IIMajor ShareholderSell16,451,722$21.87$359,799,160.14View SEC Filing  
10/25/2016Thomas W HillCEOSell17,700$19.23$340,371.00View SEC Filing  
10/24/2016Thomas W HillCEOSell15,000$19.26$288,900.00View SEC Filing  
9/15/2016Thomas W HillInsiderSell10,000$17.87$178,700.00View SEC Filing  
9/6/2016John Raymond MurphyDirectorBuy6,000$18.93$113,580.00View SEC Filing  
8/26/2016Thomas W HillInsiderSell10,000$19.97$199,700.00View SEC Filing  
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)


Headline Trends for Summit Materials (NYSE:SUM)
Latest Headlines for Summit Materials (NYSE:SUM)
DateHeadline logo[$$] Cement Company Should Go With Solid Choice - October 17 at 7:47 AM logoDA Davidson Research Analysts Lower Earnings Estimates for Summit Materials, Inc. (SUM) - October 13 at 5:54 AM logoETFs with exposure to Summit Materials, Inc. : October 11, 2017 - October 11 at 3:33 PM logoSummit Materials, Inc. :SUM-US: Earnings Analysis: Q2, 2017 By the Numbers : October 10, 2017 - October 11 at 8:10 AM logoSummit Materials, Inc. (SUM) Given Average Recommendation of "Hold" by Analysts - October 7 at 12:36 PM logoSummit Materials makes $3.8 billion rival bid for Ash Grove Cement: source - October 7 at 8:53 AM logoSummit Materials Announces Third Quarter 2017 Results Conference Call Date - October 7 at 8:53 AM logoSummit Materials makes $3.8 bln bid for Ash Grove Cement - source - October 6 at 10:51 AM logoSummit Materials makes $3.8 billion bid for Ash Grove Cement: source - October 6 at 10:51 AM logoSummit Materials, Inc. (SUM) Insider Sells $401,375.00 in Stock - October 5 at 7:26 PM logoSummit Materials (SUM) Reports EVP & COO Douglas Rauh to Step Down, Effective 12/30; Current CEO Tom Hill to act as Interim COO - October 4 at 10:35 AM logoSee How Summit Materials Ranks Among Analysts' Top Picks With Strong Buyback Activity - October 3 at 6:11 PM logoBRIEF-Summit Materials says CEO Thomas Hill will be appointed interim chief operating officer - October 3 at 6:11 PM logoSummit Materials Announces Organizational Change - October 3 at 6:11 PM logo$0.89 EPS Expected for Summit Materials, Inc. (SUM) This Quarter - October 2 at 4:06 AM logoSummit Materials to Attend Upcoming Investor Conference - September 29 at 8:14 AM logoSummit Materials, Inc. (SUM) Insider Thomas W. Hill Sells 12,500 Shares - September 25 at 7:16 PM logoSummit Materials, Inc. (SUM) Insider Thomas A. Beck Sells 18,354 Shares - September 19 at 7:40 PM logoAerosol Actuators Market to Reach $1.46 Million by 2025 | CAGR: 5.3%: Grand View Research, Inc. - September 18 at 6:56 AM logoSummit Materials, Inc. (SUM) Expected to Announce Quarterly Sales of $561.79 Million - September 15 at 5:42 AM logo Analysts Expect Summit Materials, Inc. (SUM) to Post $0.91 Earnings Per Share - September 13 at 10:09 AM logoDamian John Murphy Sells 100,000 Shares of Summit Materials, Inc. (SUM) Stock - September 12 at 7:34 PM logoSummit Materials, Inc. (SUM) Receives Average Recommendation of "Buy" from Brokerages - September 12 at 3:14 PM logoSummit Materials, Inc. (SUM) CEO Sells $186,248.00 in Stock - September 8 at 8:20 PM logoSummit Materials, Inc. (SUM) CEO Thomas W. Hill Sells 6,300 Shares - September 8 at 8:20 PM logoSummit Materials, Inc. (SUM) Insider Thomas A. Beck Sells 17,899 Shares - September 8 at 7:52 PM logoThomas A. Beck Sells 19,459 Shares of Summit Materials, Inc. (SUM) Stock - September 8 at 7:52 PM logoIs Summit Materials Inc (SUM) Undervalued? - September 7 at 9:31 AM logoDouglas Charles Rauh Sells 14,574 Shares of Summit Materials, Inc. (SUM) Stock - September 5 at 7:46 PM logoSummit Materials, Inc. breached its 50 day moving average in a Bullish Manner : SUM-US : August 31, 2017 - August 31 at 10:36 AM logoStocks Showing Rising Market Leadership: Summit Materials Earns 82 RS Rating - August 30 at 9:43 AM logoAnalyzing Summit Materials (SUM) & Forterra (FRTA) - August 26 at 4:30 PM logo$0.91 Earnings Per Share Expected for Summit Materials, Inc. (SUM) This Quarter - August 26 at 12:20 AM logoFASTSIGNS® on the Fast Track to Growth with Record Attendance at the 2017 Outside Sales Summit - August 23 at 12:10 PM logoMartin Marietta Materials (MLM) and Summit Materials (SUM) Financial Analysis - August 19 at 2:28 PM logoFinancial Review: FORTERRA INC (FRTA) & Summit Materials (SUM) - August 19 at 8:44 AM logoSummit Materials, Inc. (SUM) Receives Average Recommendation of "Buy" from Analysts - August 18 at 12:48 PM logoSmart Sand (SND) vs. Summit Materials (SUM) Critical Contrast - August 18 at 12:22 AM logoSummit Materials, Inc. breached its 50 day moving average in a Bearish Manner : SUM-US : August 14, 2017 - August 15 at 7:25 AM logoDouglas Charles Rauh Sells 100,000 Shares of Summit Materials, Inc. (SUM) Stock - August 11 at 7:26 PM logoSummit Materials Inc - August 10 at 9:13 PM logoIHS Markit Score Update: Drop in demand for ETFs holding Summit Materials Inc is a negative sign for its shares - August 10 at 4:12 PM logoSee what the IHS Markit Score report has to say about Summit Materials Inc. - August 10 at 8:22 AM logoSummit Materials, Inc. (SUM) Expected to Post Quarterly Sales of $561.79 Million - August 9 at 7:24 AM logoInsider Selling: Summit Materials, Inc. (NYSE:SUM) Insider Sells 21,147 Shares of Stock - August 8 at 7:44 PM logoThomas W. Hill Sells 250,000 Shares of Summit Materials, Inc. (SUM) Stock - August 8 at 7:24 PM logoSummit Materials, Inc. (NYSE:SUM) Expected to Announce Earnings of $0.91 Per Share - August 7 at 2:38 PM logoDA Davidson Comments on Summit Materials Inc's Q3 2017 Earnings (SUM) - August 7 at 7:18 AM logoFinancial Contrast: Martin Marietta Materials (MLM) versus Summit Materials (NYSE:SUM) - August 4 at 10:16 PM logoFY2017 EPS Estimates for Summit Materials, Inc. (SUM) Decreased by Analyst - August 4 at 10:26 AM



Summit Materials (SUM) Chart for Thursday, October, 19, 2017

This page was last updated on 10/19/2017 by Staff

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