Summit Materials/SUM

$39.88

-0.62%
-
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

Summit Materials Metrics

BasicAdvanced
$7.4B
Market cap
18.75
P/E ratio
$2.25
EPS
1.28
Beta
-
Dividend rate
$7.4B
1.28495
$44.89
$29.98
1.1M
2.577
1.928
66.488
66.779
37.258
2.45%
4.11%
8.08%
4.39%
18.745
2.473
1.752
3.609
58.518
23.16%
-1.61%
3.94%
26.35%

What the Analysts think about Summit Materials

Analyst Ratings

Majority rating from 17 analysts.
Buy

Price Targets

Average projection from 16 analysts.
26.63% upside
High $60.00
Low $43.00
$39.88
Current price
$50.50
Average price target

Summit Materials Financial Performance

Income StatementBalance sheetCash Flow

Income Statement

Revenues and expenses
-8.29% profit margin
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
Beat by 47.55%
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 19, 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 19, 2024.

Does Summit Materials stock pay dividends?

No, Summit Materials (SUM) stock does not pay dividends to its shareholders as of May 19, 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 1.27. 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 $50.5, which is 26.12% above the current price of $40.04. This is an average based on projections from 16 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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