NYSE
SUM

Summit Materials Inc

Building Materials
Basic Materials

Prices are adjusted according to historical splits.

Summit Materials Inc Stock Price

Vitals

Today's Low:
$31.6
Today's High:
$32.7
Open Price:
$32.7
52W Low:
$22.8023
52W High:
$39.56
Prev. Close:
$32.92
Volume:
2221000

Company Statistics

Market Cap.:
$3.85 billion
Book Value:
17.333
Revenue TTM:
$2.47 billion
Operating Margin TTM:
12.03%
Gross Profit TTM:
$649.35 million
Profit Margin:
7%
Return on Assets TTM:
4.28%
Return on Equity TTM:
8.54%

Company Profile

Summit Materials Inc had its IPO on 2015-03-12 under the ticker symbol SUM.

The company operates in the Basic Materials sector and Building Materials industry. Summit Materials Inc has a staff strength of 4,800 employees.

Stock update

Shares of Summit Materials Inc opened at $32.7 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $31.6 - $32.7, and closed at $32.42.

This is a -1.52% slip from the previous day's closing price.

A total volume of 2,221,000 shares were traded at the close of the day’s session.

In the last one week, shares of Summit Materials Inc have slipped by -15.51%.

Summit Materials Inc's Key Ratios

Summit Materials Inc has a market cap of $3.85 billion, indicating a price to book ratio of 1.8535 and a price to sales ratio of 1.4482.

In the last 12-months Summit Materials Inc’s revenue was $2.47 billion with a gross profit of $649.35 million and an EBITDA of $512.84 million. The EBITDA ratio measures Summit Materials Inc's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Summit Materials Inc’s operating margin was 12.03% while its return on assets stood at 4.28% with a return of equity of 8.54%.

In Q2, Summit Materials Inc’s quarterly earnings growth was a negative -55.7% while revenue growth was a positive 6.2%.

Summit Materials Inc’s PE and PEG Ratio

Forward PE
21.3675
Trailing PE
25.4646
PEG
1.4436

Its diluted EPS in the last 12-months stands at $1.27 per share while it has a forward price to earnings multiple of 21.3675 and a PEG multiple of 1.4436. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Summit Materials Inc’s profitability.

Summit Materials Inc stock is trading at a EV to sales ratio of 1.9144 and a EV to EBITDA ratio of 6.9687. Its price to sales ratio in the trailing 12-months stood at 1.4482.

Summit Materials Inc stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets
$4.40 billion
Total Liabilities
$346.98 million
Operating Cash Flow
$-360651000.00
Capital Expenditure
$63.31 million
Dividend Payout Ratio
0%

Summit Materials Inc ended 2024 with $4.40 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $4.40 billion while shareholder equity stood at $2.06 billion.

Summit Materials Inc ended 2024 with $0 in deferred long-term liabilities, $346.98 million in other current liabilities, 1190000.00 in common stock, $643.73 million in retained earnings and $1.23 billion in goodwill. Its cash balance stood at $230.01 million and cash and short-term investments were $230.01 million. The company’s total short-term debt was $12,803,000 while long-term debt stood at $1.49 billion.

Summit Materials Inc’s total current assets stands at $906.30 million while long-term investments were $0 and short-term investments were $0. Its net receivables were $405.82 million compared to accounts payable of $171.22 million and inventory worth $246.28 million.

In 2024, Summit Materials Inc's operating cash flow was $-360651000.00 while its capital expenditure stood at $63.31 million.

Comparatively, Summit Materials Inc paid $0 in dividends in 2024.

Other key metrics

Current Trading Price
$32.42
52-Week High
$39.56
52-Week Low
$22.8023
Analyst Target Price
$37.72

Summit Materials Inc stock is currently trading at $32.42 per share. It touched a 52-week high of $39.56 and a 52-week low of $39.56. Analysts tracking the stock have a 12-month average target price of $37.72.

Its 50-day moving average was $36.66 and 200-day moving average was $31.98 The short ratio stood at 8.02 indicating a short percent outstanding of 0%.

Around 54.4% of the company’s stock are held by insiders while 10544.1% are held by institutions.

Frequently Asked Questions About Summit Materials Inc

The stock symbol (also called stock or share ticker) of Summit Materials Inc is SUM

The IPO of Summit Materials Inc took place on 2015-03-12

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About

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.

Address

1550 Wynkoop Street, Denver, CO, United States, 80202