Summit Materials, Inc. which can be found using ticker (SUM) now have 15 confirmed analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price High/Low ranges between 50 and 27.53 calculating the mean target price we have $36.23. Given that the stocks previous close was at $27.44 and the analysts are correct then we can expect a percentage increase in value of 32.0%. The 50 day moving average now sits at $28.61 and the 200 day moving average is $28.18. The company has a market capitalization of $3,244m. Visit the company website at: https://summit-materials.com
The potential market cap would be $4,283m based on the market consensus.
Summit Materials, Inc. operates as a vertically integrated construction materials company. It operates in three segments: West, East, and Cement. The company offers aggregates, cement, ready-mix concrete, asphalt paving mixes, and concrete products, as well as plastics components. It also provides asphalt paving and related services. In addition, the company operates municipal waste, construction, and demolition debris landfills; and liquid asphalt terminals. It serves the public infrastructure, and residential and nonresidential end markets in the United States; and in British Columbia, Canada. The company was founded in 2009 and is headquartered in Denver, Colorado.
The company is not paying dividends at this time.
Other points of data to note are a P/E ratio of 11.92, revenue per share of 20.12 and a 3.81% return on assets.
