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Summit Materials, Inc is a building materials business based in the US. Summit Materials shares (SUM) are listed on the NYSE and all prices are listed in US Dollars. Summit Materials employs 6,000 staff and has a trailing 12-month revenue of around USD$2.3 billion.
|Latest market close||USD$20.04|
|52-week range||USD$7.51 - USD$25.22|
|50-day moving average||USD$18.4821|
|200-day moving average||USD$16.7627|
|Wall St. target price||USD$21.5|
|Dividend yield||N/A (0%)|
|Earnings per share (TTM)||USD$1.209|
The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
|1 week (2021-01-08)||N/A|
|1 month (2020-12-15)||N/A|
|3 months (2020-10-15)||N/A|
|6 months (2020-07-15)||N/A|
|1 year (2020-01-15)||N/A|
|2 years (2019-01-15)||N/A|
|3 years (2018-01-15)||N/A|
|5 years (2016-01-15)||N/A|
Valuing Summit Materials stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Summit Materials's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Summit Materials's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 16x. In other words, Summit Materials shares trade at around 16x recent earnings.
That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
Summit Materials's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 0.6626. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Summit Materials's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
Summit Materials's EBITDA (earnings before interest, taxes, depreciation and amortisation) is USD$441.4 million.
The EBITDA is a measure of a Summit Materials's overall financial performance and is widely used to measure a its profitability.
|Revenue TTM||USD$2.3 billion|
|Operating margin TTM||9.77%|
|Gross profit TTM||USD$695.8 million|
|Return on assets TTM||3.32%|
|Return on equity TTM||9.56%|
|Market capitalisation||USD$2.2 billion|
TTM: trailing 12 months
There are currently 8.8 million Summit Materials shares held short by investors – that's known as Summit Materials's "short interest". This figure is 2.2% up from 8.6 million last month.
There are a few different ways that this level of interest in shorting Summit Materials shares can be evaluated.
Summit Materials's "short interest ratio" (SIR) is the quantity of Summit Materials shares currently shorted divided by the average quantity of Summit Materials shares traded daily (recently around 1.5 million). Summit Materials's SIR currently stands at 5.88. In other words for every 100,000 Summit Materials shares traded daily on the market, roughly 5880 shares are currently held short.
However Summit Materials's short interest can also be evaluated against the total number of Summit Materials shares, or, against the total number of tradable Summit Materials shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Summit Materials's short interest could be expressed as 0.08% of the outstanding shares (for every 100,000 Summit Materials shares in existence, roughly 80 shares are currently held short) or 0.0778% of the tradable shares (for every 100,000 tradable Summit Materials shares, roughly 78 shares are currently held short).
A SIR below 10% would generally be considered to indicate a fairly optimistic outlook for the share price, with fewer people currently willing to bet against Summit Materials.
Find out more about how you can short Summit Materials stock.
We're not expecting Summit Materials to pay a dividend over the next 12 months.
Summit Materials's shares were split on a 1014:1000 basis on 7 December 2017. So if you had owned 1000 shares the day before before the split, the next day you'd have owned 1014 shares. This wouldn't directly have changed the overall worth of your Summit Materials shares – just the quantity. However, indirectly, the new 1.4% lower share price could have impacted the market appetite for Summit Materials shares which in turn could have impacted Summit Materials's share price.
Over the last 12 months, Summit Materials's shares have ranged in value from as little as $7.51 up to $25.22. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Summit Materials's is 1.4436. This would suggest that Summit Materials's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).
Summit Materials, Inc., through its subsidiaries, produces and sells construction materials and related downstream products for the public infrastructure, residential and nonresidential, and other 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 sectors. In addition, the company operates municipal waste, construction, and demolition debris landfills; and liquid asphalt terminal. It has operations in the United States; and British Columbia, Canada. The company was founded in 2009 and is headquartered in Denver, Colorado.
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