Summit Materials Inc Stock News

The consensus price target hints at a 33.9% upside potential for Summit Materials (SUM). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings e

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Summit Materials found using ticker (SUM) have now 18 analysts in total covering the stock. The consensus rating is ''Buy''. The range between the high target price and low target price is between 50 and 35 calculating the average target price we see 43.22. Now with the previous closing price of 29.65 this would imply there is a potential upside of 45.8%. The 50 day MA is 36.04 and the 200 day moving average is 35.11. The company has a market capitalisation of $3,457m. Company Website: https://summit-materials.com [stock_market_widget type="chart" template="basic" color="green" assets=SUM" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $5,040m based on the market concensus. Summit Materials, through its subsidiaries, produces and sells construction materials and related downstream products for the public infrastructure, and residential and nonresidential 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.

Summit Materials (SUM) authorized a share repurchase program of up to $250M of class A stock."For the first time in Summit’s history, we have the financial flexibility to balance…

Martin Marietta Materials (MLM) intends to sell the Redding cement plant, related cement distribution terminals and 14 ready-mixed concrete plants located in California.

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest

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Summit Materials, Inc. (SUM) CEO Anne Noonan on Q4 2021 Results - Earnings Call Transcript

Summit Materials (SUM) delivered earnings and revenue surprises of 0% and 4.08%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

Summit Materials press release (SUM): Q4 Non-GAAP EPS of $0.27 beats by $0.02.Revenue of $596.67M (-4.5% Y/Y) beats by $43.36M.FY 2022 Guidance: For the full year 2022, Summit…

Summit Materials (SUM) delivered earnings and revenue surprises of 0% and 4.08%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?