NYSE:SUM Summit Materials (SUM) Stock Price, News & Analysis $50.64 +0.05 (+0.10%) (As of 12/24/2024 04:45 PM ET) Add Compare Share Share Stock Analysis Stock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrends About Summit Materials Stock (NYSE:SUM) 30 days 90 days 365 days Advanced Chart View Price History Chart DataSkip Price History Chart Get Summit Materials alerts:Sign Up Key Stats Today's Range$50.51▼$50.6950-Day Range$39.54▼$51.6452-Week Range$34.38▼$53.49Volume1.50 million shsAverage Volume1.46 million shsMarket Capitalization$8.89 billionP/E Ratio61.76Dividend YieldN/APrice Target$50.54Consensus RatingHold Company OverviewSummit Materials, Inc. is a vertically integrated construction materials company, which engages in manufacturing construction materials and related downstream products. It operates through the following segments: West, East, and Cement. The West segment includes operations in Texas, Utah, Arizona, Colorado, Idaho, Wyoming, Oklahoma, Arkansas and British Columbia, Canada. The East segments refers to its East and Central regions and serves markets extending across the Midwestern and Eastern United States. The Cement segment is involved in Hannibal, Missouri and Davenport, Iowa cement plants, and distribution terminals along the Mississippi River from Minnesota to Louisiana. The company was founded by Thomas W. Hill on September 23, 2014 and is headquartered in Denver, CO.Read More… Summit Materials Stock Analysis - MarketRank™See Top Rated MarketRank™ Stocks65th Percentile Overall ScoreSUM MarketRank™: Summit Materials scored higher than 65% of companies evaluated by MarketBeat, and ranked 67th out of 100 stocks in the construction sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation. Analyst's Opinion2.1 / 5Analyst RatingHold Consensus RatingSummit Materials has received a consensus rating of Hold. The company's average rating score is 2.29, and is based on 4 buy ratings, 10 hold ratings, and no sell ratings.Amount of Analyst CoverageSummit Materials has been the subject of 10 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about Summit Materials' stock forecast and price target. Earnings and Valuation2.5 / 5Proj. Earnings Growth20.48% Earnings GrowthEarnings for Summit Materials are expected to grow by 20.48% in the coming year, from $1.66 to $2.00 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Summit Materials is 61.76, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 113.13.Price to Earnings Ratio vs. SectorThe P/E ratio of Summit Materials is 61.76, which means that it is trading at a more expensive P/E ratio than the Construction sector average P/E ratio of about 27.71.Price to Book Value per Share RatioSummit Materials has a P/B Ratio of 2.61. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Short Interest3.0 / 5Short Interest LevelHealthy Percentage of Shares Shorted1.96% 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 1.4, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Summit Materials has recently increased by 8.15%, indicating that investor sentiment is decreasing significantly. Dividend0.0 / 5Dividend StrengthN/A Dividend YieldSummit Materials does not currently pay a dividend.Dividend GrowthSummit Materials does not have a long track record of dividend growth. Sustainability and ESG0.0 / 5Environmental Score-7.04 Percentage of Shares Shorted1.96% 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 1.4, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Summit Materials has recently increased by 8.15%, indicating that investor sentiment is decreasing significantly. News and Social Media2.5 / 5News Sentiment0.53 News SentimentSummit Materials has a news sentiment score of 0.53. 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 is a lower news sentiment than the 0.76 average news sentiment score of Construction companies.News Coverage This WeekMarketBeat has tracked 8 news articles for Summit Materials this week, compared to 7 articles on an average week.Search InterestOnly 2 people have searched for SUM on MarketBeat in the last 30 days. This is a decrease of -78% compared to the previous 30 days.MarketBeat Follows3 people have added Summit Materials to their MarketBeat watchlist in the last 30 days. This is an increase of 50% compared to the previous 30 days. Company Ownership0.8 / 5Insider TradingSelling Shares Insider Buying vs. Insider SellingIn the past three months, Summit Materials insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $78,198.00 in 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. 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 SUM Stock News HeadlinesSummit Materials, Inc. (NYSE:SUM) Insider Sells $78,197.76 in StockDecember 12, 2024 | insidertrades.comSummit Materials (NYSE:SUM) Coverage Initiated by Analysts at StockNews.comDecember 23 at 1:19 AM | americanbankingnews.comMysterious drone activity triggers massive 1,366% surgeIf mysterious drones buzzing over the East Coast weren’t on your radar this year, you’re not alone. But here’s what you really need to know: An early warning signal tipped off investors to a tiny drone stock that later skyrocketed 1,366%.December 25, 2024 | Insiders Exposed (Ad)Summit Materials downgraded to Hold from Buy at JefferiesDecember 17, 2024 | markets.businessinsider.com15 Analysts Have This To Say About Summit MaterialsDecember 17, 2024 | benzinga.comSummit Materials (NYSE:SUM) Rating Lowered to Hold at Jefferies Financial GroupDecember 17, 2024 | americanbankingnews.comSummit Materials, Inc. (NYSE:SUM) Receives $50.81 Consensus Price Target from AnalystsDecember 17, 2024 | americanbankingnews.comSummit Materials (NYSE:SUM) Research Coverage Started at StockNews.comDecember 16, 2024 | americanbankingnews.comSee More Headlines SUM Stock Analysis - Frequently Asked Questions How have SUM shares performed this year? Summit Materials' stock was trading at $38.46 at the beginning of 2024. Since then, SUM shares have increased by 31.7% and is now trading at $50.64. View the best growth stocks for 2024 here. How were Summit Materials' earnings last quarter? Summit Materials, Inc. (NYSE:SUM) released its quarterly earnings results on Wednesday, October, 30th. The construction company reported $0.75 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.70 by $0.05. Summit Materials's quarterly revenue was up 49.9% compared to the same quarter last year. 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 served 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? Top institutional shareholders of Summit Materials include Massachusetts Financial Services Co. MA (4.35%), Principal Financial Group Inc. (3.01%), Principal Financial Group Inc. (3.01%) and River Road Asset Management LLC (2.03%). Insiders that own company stock include Jason Kilgore and Christopher Burke Gaskill. 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. What other stocks do shareholders of Summit Materials own? Based on aggregate information from My MarketBeat watchlists, some other companies that Summit Materials investors own include NVIDIA (NVDA), Broadcom (AVGO), Meta Platforms (META), Adobe (ADBE), Arista Networks (ANET), ServiceNow (NOW) and Advanced Micro Devices (AMD). Company Calendar Last Earnings10/30/2024Today12/24/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorConstruction Industry Mining & quarrying of nonmetallic minerals, except fuels Sub-IndustryNon-Metallic And Industrial Metal Mining 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$50.54 High Stock Price Target$52.50 Low Stock Price Target$47.00 Potential Upside/Downside-0.2%Consensus RatingHold Rating Score (0-4)2.29 Research Coverage14 Analysts Profitability EPS (Most Recent Fiscal Year)$0.82 Trailing P/E Ratio61.76 Forward P/E Ratio30.51 P/E GrowthN/ANet Income$289.63 million Net Margins3.92% Pretax Margin6.94% Return on Equity6.90% Return on Assets3.52% Debt Debt-to-Equity Ratio0.62 Current Ratio3.10 Quick Ratio2.48 Sales & Book Value Annual Sales$3.75 billion Price / Sales2.37 Cash Flow$3.47 per share Price / Cash Flow14.59 Book Value$19.38 per share Price / Book2.61Miscellaneous Outstanding Shares175,605,000Free Float174,639,000Market Cap$8.89 billion OptionableOptionable Beta1.14 Social Links Reduce the RiskMarket downturns give many investors pause, and for good reason. Wondering how to offset this risk? Click the link below to learn more about using beta to protect yourself.Get This Free Report This page (NYSE:SUM) was last updated on 12/25/2024 by MarketBeat.com Staff From Our PartnersAmazon coin set to soar 25X – starting December 16th?This tiny 3-cent crypto just partnered with one of the biggest companies in the world… Amazon. And one team...True Market Insiders | SponsoredDid You See Trump’s Bombshell Exec. Order 001?Biden broke it... Now Trump is going to fix it. Starting with "Exec. Order 001."Banyan Hill Publishing | Sponsored$2 Trillion Disappears Because of Fed's Secretive New Move$2 trillion has disappeared from the US government's books. 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