Summit Materials, Inc. with ticker code (SUM) have now 15 confirmed analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The range between the high target price and low target price is between 50 and 27.53 calculating the average target price we see $36.56. Given that the stocks previous close was at $26.19 this indicates there is a potential upside of 39.6%. It’s also worth noting that there is a 50 day moving average of $29.78 while the 200 day moving average is $27.99. The company has a market capitalization of $3,058m. Find out more information at: https://summit-materials.com
The potential market cap would be $4,269m 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 12.53, revenue per share of 20.12 and a 3.81% return on assets.
