Summit Materials, Inc. (SUM)
NYSE: SUM · Real-Time Price · USD
51.66
+0.50 (0.98%)
Nov 22, 2024, 4:00 PM EST - Market closed

Summit Materials Stock Forecast

Stock Price Forecast

The 13 analysts with 12-month price forecasts for Summit Materials stock have an average target of 50.46, with a low estimate of 43 and a high estimate of 60. The average target predicts a decrease of -2.32% from the current stock price of 51.66.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $43 $50.46 $50 $60
Change -16.76% -2.32% -3.21% +16.14%

Analyst Ratings

The average analyst rating for SUM stock from 13 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

Rating Jun '24Jul '24Aug '24Sep '24Oct '24Nov '24
Strong Buy 564456
Buy 223345
Hold 554432
Sell 000000
Strong Sell 000000
Total 121311111213

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
DA Davidson
DA Davidson
Hold
Maintains
$41$47
Hold Maintains $41$47 -9.02% Nov 5, 2024
Loop Capital
Loop Capital
Strong Buy
Maintains
$49$54
Strong Buy Maintains $49$54 +4.53% Nov 1, 2024
RBC Capital
RBC Capital
Buy
Maintains
$53$54
Buy Maintains $53$54 +4.53% Nov 1, 2024
Truist Securities
Truist Securities
Strong Buy
Maintains
$47$60
Strong Buy Maintains $47$60 +16.14% Nov 1, 2024
Barclays
Barclays
Buy
Upgrades
$45$52
Buy Upgrades $45$52 +0.66% Oct 29, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
4.15B
from 2.62B
Increased by 58.35%
Revenue Next Year
4.43B
from 4.15B
Increased by 6.68%
EPS This Year
1.70
from 2.39
Decreased by -28.73%
EPS Next Year
2.12
from 1.70
Increased by 24.63%
Fiscal Year FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Period Ending Dec 28, 2019 Jan 2, 2021 Jan 1, 2022 Dec 31, 2022 Dec 30, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026
Revenue
2.22B2.33B2.41B2.41B2.62B4.15B4.43B4.66B
Revenue Growth
5.77%4.96%3.31%0.12%8.58%58.35%6.68%5.40%
EPS
0.511.181.262.262.391.702.122.59
EPS Growth
73.32%130.78%6.78%79.37%5.75%-28.73%24.63%21.92%
Forward PE
-----30.3324.3419.96
No. Analysts -----181813
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202420252026
High 4.4B 4.9B 5.4B
Avg 4.1B 4.4B 4.7B
Low 3.9B 4.1B 4.3B

Revenue Growth

Revenue Growth 202420252026
High
69.1%
17.0%
22.1%
Avg
58.4%
6.7%
5.4%
Low
48.4%
-1.0%
-3.4%

EPS Forecast

EPS 202420252026
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 202420252026
High
-22.2%
46.1%
57.3%
Avg
-28.7%
24.6%
21.9%
Low
-38.5%
8.7%
-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.