Summit Materials, Inc. (SUM)

NYSE: SUM · IEX Real-Time Price · USD
34.40
-0.50 (-1.43%)
Jan 28, 2022 2:46 PM EST - Market open
Market Cap4.08B
Revenue (ttm)2.44B
Net Income (ttm)-19.09M
Shares Out118.57M
EPS (ttm)1.22
PE Ratio28.20
Forward PE32.15
Dividendn/a
Ex-Dividend Daten/a
Volume265,498
Open34.89
Previous Close34.90
Day's Range33.90 - 34.91
52-Week Range20.49 - 41.46
Beta1.25
AnalystsBuy
Price Target44.83 (+30.3%)
Earnings DateFeb 23, 2022

About SUM

Summit Materials, Inc., through its subsidiaries, produces and sells construction materials and related downstream products for the public infrastructure, residential and nonresidential, and other end markets. It operates through three segments: West, East, and Cement. The company's products include aggregates, cement, ready-mix concrete, asphalt paving mixes, and concrete products, as well as plastics components. It also provides paving and related services primarily comprising asphalt paving services to the private and public infrastructure s...

IndustryConstruction Materials
IPO DateMar 12, 2015
Employees6,000
Stock ExchangeNYSE
Ticker SymbolSUM
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 15 analysts, the average rating for SUM stock is "Buy." The 12-month stock price forecast is 44.83, which is an increase of 30.32% from the latest price.

Price Target
$44.83
(30.32% upside)
Analyst Consensus: Buy

News

Summit Materials Announces Fourth Quarter and Full Year 2021 Results Conference Call Date

DENVER--(BUSINESS WIRE)--Summit Materials Announces Fourth Quarter and Full Year 2021 Results Conference Call Date

1 week ago - Business Wire

5 Concrete & Aggregates Stocks to Watch Amid Industry Challenges

High labor costs and supply-chain disruptions are concerns for the Zacks Building Products - Concrete & Aggregates industry. Yet, federal infrastructure spending should help the industry players thrive.

Other symbols:CNREXPMLMVMC
2 months ago - Zacks Investment Research

These stocks will benefit from Biden's infrastructure bill

All eyes are on “infrastructure stocks” this morning as U.S. President Joe Biden is only hours away from signing the $1.0 trillion infrastructure bill into law. How to play the infrastructure space?

Other symbols:MLMVMC
2 months ago - Invezz

Deep Dive: 5 infrastructure stocks to buy now that Biden's bill has been passed, according to Jefferies

The infrastructure bill that was passed by the House of Representatives late on Nov. 5 will pay off for some companies over several years, according to Jefferies' Philip Ng.

Other symbols:EXPMLMVMCWSC
2 months ago - Market Watch

Summit Materials (SUM) Tops Q3 Earnings Estimates

Summit Materials (SUM) delivered earnings and revenue surprises of 6.25% and -3.59%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

2 months ago - Zacks Investment Research

Summit Materials, Inc. Reports Third Quarter 2021 Results

DENVER--(BUSINESS WIRE)--Summit Materials, Inc. (NYSE: SUM, “Summit,” “Summit Materials,” "Summit Inc." or the “Company”), a leading vertically integrated construction materials company, today announced...

2 months ago - Business Wire

5 Construction Stocks to Beat Q3 Earnings Estimates

BCC, FIX, J, KBR, and SUM from the Zacks Construction sector are set to beat analysts' Q3 expectations on the back of solid residential, non-residential and infrastructural demand.

Other symbols:BCCFIXJKBR
3 months ago - Zacks Investment Research

Summit Materials (SUM) Earnings Expected to Grow: Should You Buy?

Summit Materials (SUM) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

3 months ago - Zacks Investment Research

Summit Materials Announces Third Quarter 2021 Results Conference Call Date

DENVER, Colo.--(BUSINESS WIRE)--Summit Materials Announces Third Quarter 2021 Results Conference Call Date

3 months ago - Business Wire

Continental Cement Company Joins Roadmap to Carbon Neutrality by 2050

CHESTERFIELD, Mo.--(BUSINESS WIRE)--Continental Cement Company Joins Roadmap to Carbon Neutrality by 2050

3 months ago - Business Wire

Summit Materials (SUM) Lags Q2 Earnings Estimates

Summit Materials (SUM) delivered earnings and revenue surprises of -14.04% and 1.42%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

5 months ago - Zacks Investment Research

Summit Materials, Inc. Reports Second Quarter 2021 Results

DENVER--(BUSINESS WIRE)--Summit Materials, Inc. Reports Second Quarter 2021 Results

5 months ago - Business Wire

Summit Materials Announces Second Quarter 2021 Results Conference Call Date

DENVER--(BUSINESS WIRE)--Summit Materials Announces Second Quarter 2021 Results Conference Call Date

6 months ago - Business Wire

Summit Materials (SUM) to Report Q2 Results: Wall Street Expects Earnings Growth

Summit Materials (SUM) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

6 months ago - Zacks Investment Research

5 Stocks in Focus From Promising Concrete & Aggregates Industry

Increased federal infrastructure spending should help the Zacks Building Products - Concrete & Aggregates industry to thrive. VMC, MLM, EXP, SUM and CNR should gain from the demand surge.

Other symbols:CNREXPMLMVMC
6 months ago - Zacks Investment Research

Continental Cement Company Announces August 2021 Price Increase for Terminals in Louisiana and Memphis

CHESTERFIELD, Mo.--(BUSINESS WIRE)--Continental Cement Company Announces August 2021 Price Increase for Terminals in Louisiana and Memphis

7 months ago - Business Wire

Summit Materials Announces Appointment of Tamla Oates-Forney to Board of Directors

DENVER--(BUSINESS WIRE)--Summit Materials Announces Appointment of Tamla Oates-Forney to Board of Directors

8 months ago - Business Wire

Summit Materials (SUM) Reports Q1 Loss, Tops Revenue Estimates

Summit Materials (SUM) delivered earnings and revenue surprises of 37.74% and 13.64%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

8 months ago - Zacks Investment Research

Recap: Summit Materials Q1 Earnings

Shares of Summit Materials (NYSE:SUM) rose in after-market trading after the company reported Q1 results. Quarterly Results Earnings per share rose 31.25% year over year to ($0.33), which beat the estim...

8 months ago - Benzinga

Summit Materials, Inc. Reports First Quarter 2021 Results

DENVER--(BUSINESS WIRE)--Summit Materials, Inc. Reports First Quarter 2021 Results

8 months ago - Business Wire

Should You Buy Summit Materials (SUM) Ahead of Earnings?

Summit Materials (SUM) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

8 months ago - Zacks Investment Research

5 Construction Stocks Displaying Earnings Beat Potential

SUM, EXP, MLM, FND & ACM from the Zacks Construction sector are set to beat analysts' Q1 expectations on the back of solid residential, non-residential and infrastructural demand.

Other symbols:ACMEXPFNDMLM
8 months ago - Zacks Investment Research

Summit Materials Announces First Quarter 2021 Results Conference Call Date

DENVER--(BUSINESS WIRE)--Summit Materials Announces First Quarter 2021 Results Conference Call Date

9 months ago - Business Wire

Thompson: Makers of heavy materials will benefit no matter what form the final infrastructure bill

Kathryn Thompson, CEO of Thompson Research Group, discusses which sectors and companies could benefit the most from President Biden's infrastructure plan, once it gets through Congress.

Other symbols:BECNBLDRFERGMLMOCVMC
9 months ago - CNBC Television

Summit Materials Elevates Two to Senior Leadership & Creates Two New Roles

DENVER--(BUSINESS WIRE)--Summit Materials Elevates Two to Senior Leadership & Creates Two New Roles

9 months ago - Business Wire