NYSE:SUM Summit Materials (SUM) Stock Price, News & Analysis → Incredible Opportunity to Retire FAST! (From Crypto 101 Media) (Ad) Free SUM Stock Alerts $40.47 +0.16 (+0.40%) (As of 05/7/2024 ET) Add Compare Share Share Today's Range$39.97▼$40.5650-Day Range$38.29▼$44.5852-Week Range$29.93▼$44.89Volume774,188 shsAverage Volume989,793 shsMarket Capitalization$7.05 billionP/E Ratio18.07Dividend YieldN/APrice Target$46.73 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainabilityStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainability Get Summit Materials alerts: Email Address Summit Materials MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.58 Rating ScoreUpside/Downside15.5% Upside$46.73 Price TargetShort InterestBearish2.63% of Shares Sold ShortDividend StrengthN/ASustainability-7.04Upright™ Environmental ScoreNews Sentiment0.52Based on 24 Articles This WeekInsider TradingN/AProj. Earnings Growth19.91%From $2.21 to $2.65 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.3.58 out of 5 starsConstruction Sector43rd out of 99 stocksMining & Quarrying Of Nonmetallic Minerals, Except Fuels Industry5th out of 20 stocks 3.3 Analyst's Opinion Consensus RatingSummit Materials has received a consensus rating of Moderate Buy. The company's average rating score is 2.58, and is based on 7 buy ratings, 5 hold ratings, and no sell ratings.Amount of Analyst CoverageSummit Materials has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about Summit Materials' stock forecast and price target. Previous Next 2.0 Short Interest Percentage of Shares Shorted2.63% of the outstanding shares of Summit Materials have been sold short.Short Interest Ratio / Days to CoverSummit Materials has a short interest ratio ("days to cover") of 4.5.Change versus previous monthShort interest in Summit Materials has recently increased by 10.34%, indicating that investor sentiment is decreasing significantly. 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 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreSummit Materials has received a -119.30% net impact score from Upright. The largest negative impact of Summit Materials in category "GHG emissions" seems to be driven mostly by its "Construction sand", "Crushed stone", and "Concrete" products. See details.Environmental SustainabilityThe Environmental Impact score for Summit Materials is -7.04. Previous Next 2.0 News and Social Media Coverage News SentimentSummit Materials has a news sentiment score of 0.52. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Construction companies.News Coverage This WeekMarketBeat has tracked 24 news articles for Summit Materials this week, compared to 5 articles on an average week.Search InterestOnly 3 people have searched for SUM on MarketBeat in the last 30 days. This is a decrease of -25% compared to the previous 30 days.MarketBeat FollowsOnly 4 people have added Summit Materials to their MarketBeat watchlist in the last 30 days. This is a decrease of -20% compared to the previous 30 days. 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 0.55% of the stock of Summit Materials is held by insiders.Read more about Summit Materials' insider trading history. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for Summit Materials are expected to grow by 19.91% in the coming year, from $2.21 to $2.65 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Summit Materials is 18.07, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 140.43.Price to Earnings Ratio vs. SectorThe P/E ratio of Summit Materials is 18.07, which means that it is trading at a less expensive P/E ratio than the Construction sector average P/E ratio of about 25.05.Price to Book Value per Share RatioSummit Materials has a P/B Ratio of 2.09. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about Summit Materials' valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Crypto 101 MediaTech GIANT’s Plans to Revolutionize Crypto…A shocking leak has revealed tech giant Microsoft's plans to add crypto support to future products. If the plans in these leaked internal documents pan out, we could see prices skyrocket for Bitcoin, Ethereum, XRP and MORE… The coupling of gaming and cryptocurrency could absolutely transform digital finance as we know it in 2024. Claim your free seat by clicking here now. About Summit Materials Stock (NYSE:SUM)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.Read More SUM Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart SUM Stock News HeadlinesMay 7, 2024 | markets.businessinsider.comJefferies Reaffirms Their Buy Rating on Summit Materials (SUM)May 5, 2024 | americanbankingnews.comSummit Materials (NYSE:SUM) Rating Lowered to Sell at StockNews.comMay 7, 2024 | Crypto 101 Media (Ad)Incredible Opportunity to Retire FAST!A brand-new guide from the host of one of the world's largest cryptocurrency podcasts lays out an action plan that could help you retire quickly and comfortably in today's crypto market.May 5, 2024 | americanbankingnews.comSummit Materials (NYSE:SUM) PT Raised to $50.00 at StephensMay 5, 2024 | americanbankingnews.comSummit Materials (NYSE:SUM) PT Raised to $46.00May 3, 2024 | markets.businessinsider.comSeaport Global Keeps Their Buy Rating on Summit Materials (SUM)May 3, 2024 | finance.yahoo.comSummit Materials, Inc. (NYSE:SUM) Q1 2024 Earnings Call TranscriptMay 3, 2024 | washingtonpost.comTDS: Q1 Earnings SnapshotMay 7, 2024 | Crypto 101 Media (Ad)Incredible Opportunity to Retire FAST!A brand-new guide from the host of one of the world's largest cryptocurrency podcasts lays out an action plan that could help you retire quickly and comfortably in today's crypto market.May 3, 2024 | finance.yahoo.comQ1 2024 Summit Materials Inc Earnings CallMay 3, 2024 | finance.yahoo.comSummit Materials Inc (SUM) (Q1 2024) Earnings Call Transcript Highlights: Robust Start with ...May 3, 2024 | americanbankingnews.comSummit Materials, Inc. (NYSE:SUM) Receives Average Recommendation of "Moderate Buy" from BrokeragesMay 2, 2024 | msn.comChina urged to make Uganda source of its raw materialsMay 2, 2024 | sfgate.comSummit Materials: Q1 Earnings SnapshotMay 2, 2024 | markets.businessinsider.comBarclays Keeps Their Hold Rating on Summit Materials (SUM)May 2, 2024 | finance.yahoo.comSummit Materials Inc (SUM) Q1 2024 Earnings: Revenue Surges Amidst ChallengesMay 1, 2024 | investorplace.comSUM Stock Earnings: Summit Materials Beats EPS, Misses Revenue for Q1 2024May 1, 2024 | prnewswire.comSummit Materials, Inc. Reports First Quarter 2024 ResultsApril 30, 2024 | markets.businessinsider.comSummit Materials A is about to announce earnings — here's what Wall Street expectsApril 29, 2024 | americanbankingnews.comSummit Materials (SUM) to Release Earnings on WednesdayApril 29, 2024 | americanbankingnews.comSeaport Res Ptn Weighs in on Summit Materials, Inc.'s Q1 2024 Earnings (NYSE:SUM)April 28, 2024 | msn.comCritical Minerals Summit in Delhi from MondayApril 28, 2024 | msn.com2 with non-life-threatening injuries after train derails in KC: policeApril 27, 2024 | americanbankingnews.comQ4 2025 Earnings Forecast for Summit Materials, Inc. Issued By Seaport Res Ptn (NYSE:SUM)April 27, 2024 | msn.comQueen Latifah Does Logomania in Gucci Sneakers for QVC Quintessential 50 SummitApril 26, 2024 | yahoo.comSummit, Cuyahoga health officials report outbreak of mpox, formerly called monkey poxApril 26, 2024 | msn.comSummit Community Care and Comfort Cases team up to host packing partySee More Headlines Receive SUM Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Summit Materials and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings5/01/2024Today5/07/2024Next Earnings (Estimated)8/07/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorConstruction Industry Mining & quarrying of nonmetallic minerals, except fuels Sub-IndustryN/A Current SymbolNYSE:SUM CUSIPN/A CIK1621563 Webwww.summit-materials.com Phone(303) 893-0012Fax303-893-6993Employees5,300Year FoundedN/APrice Target and Rating Average Stock Price Target$46.73 High Stock Price Target$53.00 Low Stock Price Target$38.00 Potential Upside/Downside+15.5%Consensus RatingModerate Buy Rating Score (0-4)2.58 Research Coverage12 Analysts Profitability EPS (Most Recent Fiscal Year)$2.24 Trailing P/E Ratio18.07 Forward P/E Ratio18.31 P/E GrowthN/ANet Income$289.63 million Net Margins8.36% Pretax Margin11.84% Return on Equity7.33% Return on Assets3.63% Debt Debt-to-Equity Ratio0.66 Current Ratio2.58 Quick Ratio1.93 Sales & Book Value Annual Sales$2.62 billion Price / Sales2.69 Cash Flow$3.57 per share Price / Cash Flow11.34 Book Value$19.38 per share Price / Book2.09Miscellaneous Outstanding Shares174,270,000Free Float173,310,000Market Cap$7.05 billion OptionableOptionable Beta1.34 7 Energy Stocks to Buy and Hold ForeverDo you expect the global demand for energy to shrink?! If not, it's time to take a look at how energy stocks can play a part in your portfolio.Get This Free Report Key ExecutivesMs. Anne P. Noonan (Age 61)President, CEO & Director Comp: $3.5MMr. C. Scott Anderson (Age 57)Executive VP & CFO Comp: $1.45MMr. Christopher Burke Gaskill (Age 42)Executive VP, Chief Legal Officer & Secretary Comp: $1.01MMs. Karli S. Anderson (Age 51)Executive VP of Chief People & ESG Officer and Head of Communications Comp: $1.02MMr. Brian J. Harris (Age 68)Executive Officer Comp: $777.31kMr. Kekin M. Ghelani (Age 50)Executive VP and Chief Strategy & Growth Officer Comp: $1.26MMr. Marshall D. Moore (Age 60)Executive VP & COO Mr. Brian D. Frantz (Age 61)Senior VP, Treasurer & Chief Accounting Officer Andy LarkinVice President, Investor RelationsTrent MussoSenior VP of Corporate DevelopmentMore ExecutivesKey CompetitorsKnife RiverNYSE:KNFUnited States Lime & MineralsNASDAQ:USLMAZEKNYSE:AZEKInstalled Building ProductsNYSE:IBPFluorNYSE:FLRView All CompetitorsInstitutional OwnershipSei Investments Co.Bought 78,111 shares on 5/7/2024Ownership: 0.262%Swiss National BankBought 1,500 shares on 5/7/2024Ownership: 0.135%Susquehanna Portfolio Strategies LLCSold 5,300 shares on 5/7/2024Ownership: 0.052%Susquehanna Fundamental Investments LLCBought 30,477 shares on 5/7/2024Ownership: 0.017%SG Americas Securities LLCSold 4,834 shares on 5/7/2024Ownership: 0.008%View All Institutional Transactions SUM Stock Analysis - Frequently Asked Questions Should I buy or sell Summit Materials stock right now? 12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Summit Materials in the last year. There are currently 5 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" SUM shares. View SUM analyst ratings or view top-rated stocks. What is Summit Materials' stock price target for 2024? 12 Wall Street analysts have issued 12-month price objectives for Summit Materials' shares. Their SUM share price targets range from $38.00 to $53.00. On average, they anticipate the company's share price to reach $46.73 in the next year. This suggests a possible upside of 15.5% from the stock's current price. View analysts price targets for SUM or view top-rated stocks among Wall Street analysts. How have SUM shares performed in 2024? Summit Materials' stock was trading at $38.46 at the beginning of the year. Since then, SUM shares have increased by 5.2% and is now trading at $40.47. View the best growth stocks for 2024 here. When is Summit Materials' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 7th 2024. View our SUM earnings forecast. How were Summit Materials' earnings last quarter? Summit Materials, Inc. (NYSE:SUM) issued its quarterly earnings data on Wednesday, May, 1st. The construction company reported ($0.12) earnings per share for the quarter, topping the consensus estimate of ($0.23) by $0.11. The construction company had revenue of $773.23 million for the quarter, compared to the consensus estimate of $803.98 million. Summit Materials had a net margin of 8.36% and a trailing twelve-month return on equity of 7.33%. The company's quarterly revenue was up 89.9% on a year-over-year basis. During the same period last year, the company earned ($0.26) earnings per share. What ETFs hold Summit Materials' stock? ETFs with the largest weight of Summit Materials (NYSE:SUM) stock in their portfolio include Tema American Reshoring ETF (RSHO), Invesco Building & Construction ETF (PKB), Congress SMid Growth ETF (CSMD), Invesco Dorsey Wright Basic Materials Momentum ETF (PYZ), Thrivent Small-Mid Cap ESG ETF (TSME), Nuveen Small Cap Select ETF (NSCS), Zacks Small/Mid Cap Core Portfolio ETF (SMIZ) and Vanguard Russell 2000 Value Index Fund ETF Shares (VTWV). What is Thomas Hill's approval rating as Summit Materials' CEO? 7 employees have rated Summit Materials Chief Executive Officer Thomas Hill on Glassdoor.com. Thomas Hill has an approval rating of 100% among the company's employees. This puts Thomas Hill in the top 10% of approval ratings compared to other CEOs of publicly-traded companies. 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 Intel (INTC), Pfizer (PFE), Block (SQ), RTX (RTX), Western Digital (WDC), Bank of America (BAC), Johnson & Johnson (JNJ), Altria Group (MO), AT&T (T) and UnitedHealth Group (UNH). When did Summit Materials IPO? Summit Materials (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. Who are Summit Materials' major shareholders? Summit Materials' stock is owned by a variety of retail and institutional investors. Top institutional investors include Principal Financial Group Inc. (3.06%), Mirae Asset Global Investments Co. Ltd. (0.33%), Sei Investments Co. (0.26%), Congress Asset Management Co. MA (0.25%), Swiss National Bank (0.14%) and Congress Wealth Management LLC DE (0.11%). Insiders that own company stock include Anne K Wade, Howard L Lance and John Raymond Murphy. View institutional ownership trends. How do I buy shares of Summit Materials? Shares of SUM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NYSE:SUM) was last updated on 5/7/2024 by MarketBeat.com Staff From Our PartnersThe A.I. story nobody is telling you (Read ASAP)TradeSmithThe asset beating inflation by 4xColonial MetalsThe 2024 Gold Rush: Unleashing Market PotentialPriority GoldElon Musk Secret Crypto Plot ExposedCrypto 101 MediaHe Is Giving Away BitcoinCrypto Swap ProfitsObama’s Forever Term [exposed]Porter & CompanyPOTUS in ‘25 Not Biden/Trump, ButThe Freeport SocietyProtect Your Bank Account Before It’s Too LateWeiss Ratings Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access 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. 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