Summit Materials, Inc. (SUM)
Feb 10, 2025 - SUM was delisted (reason: acquired by Quikrete)
52.49
+0.04 (0.08%)
Inactive · Last trade price
on Feb 10, 2025
Summit Materials Stock Forecast
Stock Price Forecast
The 13 analysts with 12-month price forecasts for Summit Materials stock had an average target of 50.62, with a low estimate of 47 and a high estimate of 52.5.
Analyst Consensus: Buy
No price target forecast data available
* Price targets were last updated on Dec 16, 2024.
Analyst Ratings
The average analyst rating for Summit Materials stock from 15 stock analysts was "Buy". This means that analysts believed this stock was likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Sep '24 | Oct '24 | Nov '24 | Dec '24 | Jan '25 | Feb '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 5 | 3 | 2 | 2 | 2 |
| Buy | 3 | 4 | 3 | 3 | 3 | 3 |
| Hold | 4 | 3 | 9 | 10 | 10 | 10 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 11 | 12 | 15 | 15 | 15 | 15 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Jefferies | Jefferies | Strong Buy → Hold Downgrades $58 → $53 | Strong Buy → Hold | Downgrades | $58 → $53 | +0.02% | Dec 16, 2024 |
| Wolfe Research | Wolfe Research | Buy → Hold Downgrades n/a | Buy → Hold | Downgrades | n/a | n/a | Nov 26, 2024 |
| Truist Securities | Truist Securities | Strong Buy → Hold Downgrades $60 → $53 | Strong Buy → Hold | Downgrades | $60 → $53 | +0.02% | Nov 26, 2024 |
| Citigroup | Citigroup | Strong Buy → Hold Downgrades $55 → $53 | Strong Buy → Hold | Downgrades | $55 → $53 | +0.02% | Nov 26, 2024 |
| Loop Capital | Loop Capital | Strong Buy → Hold Downgrades $54 → $53 | Strong Buy → Hold | Downgrades | $54 → $53 | +0.02% | Nov 26, 2024 |
Financial Forecast
Revenue This Year
4.15B
from 2.62B
Increased by 58.28%
Revenue Next Year
4.41B
from 4.15B
Increased by 6.39%
EPS This Year
1.70
from 2.39
Decreased by -28.89%
EPS Next Year
2.12
from 1.70
Increased by 24.90%
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 4.4B | 4.8B | 5.2B |
| Avg | 4.1B | 4.4B | 4.6B |
| Low | 3.9B | 4.1B | 4.3B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 67.1% | 15.1% | 17.1% |
| Avg | 58.3% | 6.4% | 5.3% |
| Low | 48.4% | -0.9% | -3.1% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.86 | 2.49 | 3.34 |
| Avg | 1.70 | 2.12 | 2.59 |
| Low | 1.47 | 1.85 | 2.06 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -22.2% | 46.4% | 57.3% |
| Avg | -28.9% | 24.9% | 21.9% |
| Low | -38.5% | 9.0% | -3.1% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.