Summit Materials, Inc. (SUM)
NYSE: SUM · IEX Real-Time Price · USD
40.11
+1.25 (3.22%)
Jul 26, 2024, 4:00 PM EDT - Market closed
Summit Materials Stock Forecast
Stock Price Forecast
The 10 analysts with 12-month price forecasts for Summit Materials stock have an average target of 47.5, with a low estimate of 44 and a high estimate of 53. The average target predicts an increase of 18.42% from the current stock price of 40.11.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for SUM stock from 11 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
---|---|---|---|---|---|---|
Strong Buy | 4 | 4 | 5 | 5 | 5 | 5 |
Buy | 2 | 2 | 2 | 2 | 2 | 2 |
Hold | 5 | 5 | 5 | 5 | 5 | 4 |
Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Total | 11 | 11 | 12 | 12 | 12 | 11 |
Latest Forecasts
Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
---|---|---|---|---|---|---|---|
Citigroup | Citigroup | Strong Buy Maintains $51 → $44 | Strong Buy | Maintains | $51 → $44 | +9.70% | Jul 11, 2024 |
Stifel | Stifel | Strong Buy Maintains $55 → $47 | Strong Buy | Maintains | $55 → $47 | +17.18% | Jul 3, 2024 |
Stephens & Co. | Stephens & Co. | Buy Maintains $47 → $50 | Buy | Maintains | $47 → $50 | +24.66% | May 3, 2024 |
RBC Capital | RBC Capital | Hold Maintains $44 → $46 | Hold | Maintains | $44 → $46 | +14.68% | May 3, 2024 |
Citigroup | Citigroup | Strong Buy Maintains $46 → $51 | Strong Buy | Maintains | $46 → $51 | +27.15% | Apr 5, 2024 |
Financial Forecast
Revenue This Year
4.39B
from 2.62B
Increased by 67.51%
Revenue Next Year
4.69B
from 4.39B
Increased by 6.79%
EPS This Year
1.86
from 2.39
Decreased by -22.21%
EPS Next Year
2.41
from 1.86
Increased by 29.46%
Revenue Forecast
Revenue | 2024 | 2025 | 2026 |
---|---|---|---|
High | 4.7B | 5.1B | 5.0B |
Avg | 4.4B | 4.7B | 4.7B |
Low | 3.9B | 4.2B | 4.4B |
Revenue Growth
Revenue Growth | 2024 | 2025 | 2026 |
---|---|---|---|
High | 80.7% | 15.3% | 6.5% |
Avg | 67.5% | 6.8% | 0.2% |
Low | 50.2% | -3.7% | -6.6% |
EPS Forecast
EPS | 2024 | 2025 | 2026 |
---|---|---|---|
High | 2.50 | 3.06 | 3.04 |
Avg | 1.86 | 2.41 | 2.80 |
Low | 1.62 | 1.87 | 2.50 |
EPS Growth
EPS Growth | 2024 | 2025 | 2026 |
---|---|---|---|
High | 4.6% | 64.4% | 26.5% |
Avg | -22.2% | 29.5% | 16.4% |
Low | -32.3% | 0.7% | 3.8% |
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.