Summit Materials/SUM
$41.83
2.7%-
1D1W1MYTD1YMAX
About Summit Materials
Summit Materials, Inc. is a producer of aggregates and cement with vertically integrated operations that supply ready-mix concrete and asphalt in select markets. The Company’s West segment consists of its West and South regions, and includes operations in Texas, Utah, Arizona, Colorado, Idaho, Wyoming, Oklahoma, Arkansas and British Columbia, Canada. The West segment supplies aggregates, ready-mix concrete, asphalt paving mix and paving and related services. Its East segment consists of its East and Central regions and serves markets extending across the Midwestern and Eastern United States, notably in Kansas, Missouri, Virginia, Florida, North Carolina, South Carolina, Georgia, and Nebraska where it supplies aggregates, ready-mix concrete, asphalt paving mix and paving and related services. Its Cement segment consists of its Hannibal, Missouri and Davenport, Iowa cement plants and nine distribution terminals along the Mississippi River from Minnesota to Louisiana.
Ticker
SUM
Sector
Basic Materials
Trading on
NYSE
Industry
Construction - Raw Materials
CEO
Anne Noonan
Employees
5,300
Headquarters
Denver, United States
Website
summit-materials.com
Summit Materials Metrics
BasicAdvanced
$7B
Market cap
17.86
P/E ratio
$2.25
EPS
1.28
Beta
-
Dividend rate
Price and volume
Market cap
$7B
Beta
1.28007
52-week high
$44.89
52-week low
$29.98
Average daily volume
1.1M
Financial strength
Current ratio
2.577
Quick ratio
1.928
Long term debt to equity
66.488
Total debt to equity
66.779
Enterprise value to free cash flow
35.918
Interest coverage (TTM)
2.45%
Management effectiveness
Return on assets (TTM)
4.11%
Return on equity (TTM)
8.08%
Return on investment (TTM)
4.39%
Valuation
Price to earnings (TTM)
17.86
Price to revenue (TTM)
2.356
Price to book
1.669
Price to tangible book (TTM)
3.438
Price to free cash flow (TTM)
55.754
Growth
Revenue change (TTM)
23.16%
Earnings per share change (TTM)
-1.61%
3-year revenue growth
3.94%
3-year earnings per share growth
26.35%
What the Analysts think about Summit Materials
Analyst Ratings
Majority rating from 17 analysts.
Price Targets
Average projection from 15 analysts.
High $60.00
Low $43.00
$41.83
Current price
$50.60
Average price target
Summit Materials Financial Performance
Income StatementBalance sheetCash Flow
Income Statement
Revenues and expenses
QuarterlyAnnual
Q1 24
QoQ growth
Revenue
$805M
21.95%
Net income
-$67M
-2,403.45%
Profit margin
-8.29%
-2,027.91%
Summit Materials Earnings Performance
Earnings per share (EPS)
Company profitability
QuarterlyAnnual
Q2 23
Q3 23
Q4 23
Q1 24
Q2 24
Actual
$0.71
$0.81
$0.31
-$0.12
-
Expected
$0.58
$0.75
$0.26
-$0.23
$0.71
Surprise
21.4%
7.97%
17.39%
-47.55%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real time US market data is a consolidated feed of IEX, NYSE National, NYSE Chicago, Nasdaq BX and Nasdaq PSX order books provided by Polygon. Fundamental data, financials and analyst ratings are sourced from Refinitiv.
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FAQs
What’s the current market cap for Summit Materials stock?
Summit Materials (SUM) has a market cap of $7B as of May 15, 2024.
What is the P/E ratio for Summit Materials stock?
The price to earnings (P/E) ratio for Summit Materials (SUM) stock is 17.86 as of May 15, 2024.
Does Summit Materials stock pay dividends?
No, Summit Materials (SUM) stock does not pay dividends to its shareholders as of May 15, 2024.
When is the next Summit Materials dividend payment date?
Summit Materials (SUM) stock does not pay dividends to its shareholders.
What is the beta indicator for Summit Materials?
Summit Materials (SUM) has a beta rating of 1.28. This means that it is more volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 2 would indicate the stock moves twice as much as the market.
What is the Summit Materials stock price target?
The target price for Summit Materials (SUM) stock is $50.6, which is 20.1% above the current price of $42.13. This is an average based on projections from 15 analysts, and represents their view of what the stock price could be in 12 or 18 months. This should not be seen as investment advice - Lightyear does not carry out investment research.
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