Summit Materials Inc (SUM)

NYSE
Currency in USD
52.19
0.00(0.00%)
Closed
After Hours
52.07-0.12(-0.23%)
SUM Scorecard
Full Analysis
9 analysts have revised their earnings upwards for the upcoming period
Fair Value
Day's Range
52.1552.23
52 wk Range
34.6453.49
Key Statistics
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Prev. Close
52.19
Open
52.2
Day's Range
52.15-52.23
52 wk Range
34.64-53.49
Volume
2.18M
Average Volume (3m)
3.62M
1-Year Change
44.45%
Book Value / Share
25.32
Fair Value
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Fair Value Upside
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SUM Scorecardpro icon
Company’s Health
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Fair Value
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Price Target
51.40
Downside
-1.51%
Members' Sentiments
Bearish
Bullish
ProTips
RSI suggests the stock is in overbought territory
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Summit Materials Inc Company Profile

Summit Materials, Inc. operates as a vertically integrated construction materials company in the United States and Canada. It operates in three segments: West, East, and Cement. The company offers aggregates, cement, ready-mix concrete, asphalt paving mixes, and concrete products, as well as plastics components. It also provides asphalt paving and related services. In addition, the company operates municipal waste, construction, and demolition debris landfills; and liquid asphalt terminals. The company serves the public infrastructure, and residential and nonresidential end markets. Summit Materials, Inc. was founded in 2009 and is headquartered in Denver, Colorado.

Summit Materials Inc SWOT Analysis


Financial Resilience
Summit Materials demonstrates strong pricing power and revenue growth, maintaining profitability despite volume challenges in the construction materials secto
Strategic Integration
Explore Summit's progress in realizing synergies from acquisitions, particularly the Argos deal, as it aims for $40 million in cost savings by 2024
Market Positioning
Learn how Summit's robust asset base in aggregates and asphalt aligns with U.S. market trends, supporting its competitive edge in a cyclical industry
Future Outlook
Analyst projections for Summit Materials range from $52 to $54, reflecting cautious optimism about the company's growth potential and market adaptability
Read full SWOT analysis

Summit Materials Inc Earnings Call Summary for Q3/2024

  • Record Q3 adjusted EBITDA margins of 28.3%; raised 2024 EBITDA outlook to $970M-$1B despite $15M weather-related loss
  • Projected 6-9% increase in aggregates pricing for 2025; strong public sector demand supports pricing growth
  • $740M cash reserves for acquisitions; operational improvements and Argos USA synergies to drive margin growth
  • Cautious on volume growth due to private sector volatility; cement demand expected to recover in H2
  • Q3 adjusted diluted EPS at $0.75; company outperforming historical average growth in aggregates pricing
Last Updated: 11/01/2024, 09:28 PM
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Compare SUM to Peers and Sector

Metrics to compare
SUM
Peers
Sector
Relationship
P/E Ratio
62.3x8.0x−0.1x
PEG Ratio
−0.960.100.00
Price/Book
2.1x1.3x1.6x
Price / LTM Sales
2.4x1.9x1.2x
Upside (Analyst Target)
0.6%48.8%31.0%
Fair Value Upside
Unlock4.2%3.0%Unlock

Analyst Ratings

3 Buy
10 Hold
0 Sell
Ratings:
13 analysts
Overall Consensus
Neutral

Analysts 12-Month Price Target:

Average 51.40

(-1.51% Downside)

Earnings

Latest Release
Oct 30, 2024
EPS / Forecast
0.75 / 0.69
Revenue / Forecast
1.11B / 1.17B
EPS Revisions
Last 90 days

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FAQ

What Is the Summit Materials Inc (SUM) Stock Price Today?

The Summit Materials Inc stock price today is 52.19

What Stock Exchange Does Summit Materials Inc Trade On?

Summit Materials Inc is listed and trades on the NYSE stock exchange.

What Is the Stock Symbol for Summit Materials Inc?

The stock symbol for Summit Materials Inc is "SUM."

What Is the Summit Materials Inc Market Cap?

As of today, Summit Materials Inc market cap is 9.18B.

What is Summit Materials Inc Earnings Per Share?

The Summit Materials Inc EPS is 0.924.

What Is the Next Summit Materials Inc Earnings Date?

Summit Materials Inc will release its next earnings report on Feb 04, 2025.

From a Technical Analysis Perspective, Is SUM a Buy or Sell?

Based on moving averages and other technical indicators, the daily buy/sell signal is Strong Buy.
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