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Basic Materials - Construction Materials - NYSE - US
$ 48.43
-0.206 %
$ 8.5 B
Market Cap
56.98
P/E
1. INTRINSIC VALUE

Summit Materials, Inc., 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. It also provides asphalt paving and related services to the private and public infrastructure sectors. In addition, the company operates municipal waste, construction, and demolition debris landfills; and liquid asphalt terminals. It has operations in the United States; and in British Columbia, Canada. The company was founded in 2009 and is headquartered in Denver, Colorado.[ Read More ]

The intrinsic value of one SUM stock under the base case scenario is HIDDEN Compared to the current market price of 48.4 USD, Summit Materials, Inc. is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart SUM

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FINANCIALS
2.62 B REVENUE
8.58%
311 M OPERATING INCOME
15.46%
286 M NET INCOME
3.59%
439 M OPERATING CASH FLOW
54.47%
-420 M INVESTING CASH FLOW
-438.59%
634 M FINANCING CASH FLOW
365.19%
1.11 B REVENUE
-0.57%
195 M OPERATING INCOME
8.15%
105 M NET INCOME
-0.85%
233 M OPERATING CASH FLOW
53.56%
-32.1 M INVESTING CASH FLOW
70.54%
-2.19 M FINANCING CASH FLOW
-59.10%
Balance Sheet Decomposition Summit Materials, Inc.
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Current Assets 1.73 B
Cash & Short-Term Investments 374 M
Receivables 298 M
Other Current Assets 1.06 B
Non-Current Assets 3.42 B
Long-Term Investments 0
PP&E 2.01 B
Other Non-Current Assets 1.4 B
Current Liabilities 323 M
Accounts Payable 124 M
Short-Term Debt 16.4 M
Other Current Liabilities 183 M
Non-Current Liabilities 2.51 B
Long-Term Debt 2.33 B
Other Non-Current Liabilities 179 M
EFFICIENCY
Earnings Waterfall Summit Materials, Inc.
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Revenue 2.62 B
Cost Of Revenue 2.08 B
Gross Profit 540 M
Operating Expenses 210 M
Operating Income 311 M
Other Expenses 24.8 M
Net Income 286 M
RATIOS
20.60% GROSS MARGIN
20.60%
11.86% OPERATING MARGIN
11.86%
10.91% NET MARGIN
10.91%
12.39% ROE
12.39%
5.55% ROA
5.55%
4.96% ROIC
4.96%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Summit Materials, Inc.
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Net Income 286 M
Depreciation & Amortization 218 M
Capital Expenditures -256 M
Stock-Based Compensation 20.3 M
Change in Working Capital -153 M
Others -113 M
Free Cash Flow 183 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Summit Materials, Inc.
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Wall Street analysts predict an average 1-year price target for SUM of $49.1 , with forecasts ranging from a low of $41 to a high of $55 .
SUM Lowest Price Target Wall Street Target
41 USD -15.34%
SUM Average Price Target Wall Street Target
49.1 USD 1.35%
SUM Highest Price Target Wall Street Target
55 USD 13.57%
4. DIVIDEND ANALYSIS
0.00% DIVIDEND YIELD
1.7 USD DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership Summit Materials, Inc.
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Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
2.03 M USD 1
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
Date Value Insider Amount Avg Price
6 months ago
May 13, 2024
Sell 453 K USD
Kilgore Jason
See Remarks
- 11210
40.4 USD
6 months ago
May 13, 2024
Sell 1.58 M USD
Kilgore Jason
See Remarks
- 39379
40.15 USD
2 years ago
May 26, 2022
Sell 224 K USD
Gaskill Christopher Burke
See Remarks
- 8104
27.63 USD
3 years ago
Nov 15, 2021
Sell 168 K USD
Wade Anne K.
Director
- 4098
41.11 USD
3 years ago
Nov 08, 2021
Sell 195 K USD
MURPHY JOHN RAYMOND
Director
- 5137
37.99 USD
3 years ago
Aug 10, 2021
Sell 175 K USD
Gaskill Christopher Burke
See Remarks
- 5000
35.05 USD
3 years ago
Jun 14, 2021
Sell 2.83 M USD
LANCE HOWARD L
Director
- 82500
34.3 USD
3 years ago
Jun 15, 2021
Sell 2.85 M USD
LANCE HOWARD L
Director
- 82500
34.53 USD
3 years ago
Jun 16, 2021
Sell 3.09 M USD
LANCE HOWARD L
Director
- 90000
34.33 USD
3 years ago
Mar 18, 2021
Sell 193 K USD
MURPHY JOHN RAYMOND
Director
- 7000
27.64 USD
3 years ago
Mar 18, 2021
Sell 664 K USD
LANCE HOWARD L
Director
- 23997
27.65 USD
3 years ago
Mar 18, 2021
Sell 2.49 K USD
LANCE HOWARD L
Director
- 89
27.95 USD
3 years ago
Dec 18, 2020
Bought 51.1 K USD
CANTIE JOSEPH S
Director
+ 2600
19.67 USD
3 years ago
Dec 18, 2020
Bought 49.1 K USD
CANTIE JOSEPH S
Director
+ 2500
19.64 USD
4 years ago
Nov 02, 2020
Sell 14.8 K USD
Benedict Anne Lee
See Remarks
- 800
18.4901 USD
4 years ago
Nov 02, 2020
Sell 138 K USD
Benedict Anne Lee
See Remarks
- 7450
18.475 USD
4 years ago
Sep 04, 2020
Bought 1.01 M USD
Noonan Anne P
President & CEO
+ 66000
15.24 USD
4 years ago
May 26, 2020
Sell 97.2 K USD
Benedict Anne Lee
See Remarks
- 6593
14.75 USD
4 years ago
Nov 20, 2019
Sell 6.3 M USD
Harris Brian James
EVP & Chief Financial Officer
- 261155
24.14 USD
5 years ago
Nov 19, 2019
Sell 712 K USD
Harris Brian James
EVP & Chief Financial Officer
- 30000
23.75 USD
5 years ago
Nov 15, 2019
Sell 69.9 K USD
Benedict Anne Lee
See Remarks
- 3011
23.2046 USD
5 years ago
Nov 04, 2019
Sell 708 K USD
Harris Brian James
EVP & Chief Financial Officer
- 30000
23.6 USD
5 years ago
Nov 01, 2019
Sell 5.67 M USD
Evans Mikel Shane
See Remarks
- 239594
23.67 USD
5 years ago
Nov 01, 2019
Sell 326 K USD
Evans Mikel Shane
See Remarks
- 14244
22.88 USD
5 years ago
Nov 01, 2019
Sell 276 K USD
Evans Mikel Shane
See Remarks
- 11868
23.23 USD
5 years ago
Nov 01, 2019
Sell 1.85 M USD
Evans Mikel Shane
See Remarks
- 78525
23.57 USD
5 years ago
Nov 01, 2019
Sell 1.02 M USD
Benedict Anne Lee
See Remarks
- 42904
23.71 USD
5 years ago
Nov 01, 2019
Sell 179 K USD
MURPHY JOHN RAYMOND
Director
- 7809
22.94 USD
5 years ago
Feb 15, 2019
Bought 508 K USD
Hill Thomas W.
President & CEO
+ 31250
16.25 USD
5 years ago
Dec 10, 2018
Bought 26 K USD
Harris Brian James
EVP & Chief Financial Officer
+ 2000
13 USD
5 years ago
Dec 04, 2018
Bought 26.8 K USD
Harris Brian James
EVP & Chief Financial Officer
+ 2000
13.38 USD
6 years ago
Nov 19, 2018
Bought 140 K USD
Beck Thomas A.
See Remarks
+ 10000
13.97 USD
6 years ago
Nov 08, 2018
Bought 70.6 K USD
Harris Brian James
EVP & Chief Financial Officer
+ 5000
14.12 USD
6 years ago
Aug 03, 2018
Bought 250 K USD
Watson Karl
EVP & Chief Operating Officer
+ 11800
21.19 USD
6 years ago
Aug 03, 2018
Bought 501 K USD
Watson Karl
EVP & Chief Operating Officer
+ 23700
21.13 USD
6 years ago
Jul 18, 2018
Sell 165 K USD
Hill Thomas W.
President & CEO
- 6300
26.16 USD
6 years ago
Jul 19, 2018
Sell 161 K USD
Hill Thomas W.
President & CEO
- 6200
26.03 USD
6 years ago
Jul 02, 2018
Sell 163 K USD
Hill Thomas W.
President & CEO
- 6300
25.89 USD
6 years ago
Jul 03, 2018
Sell 165 K USD
Hill Thomas W.
President & CEO
- 6200
26.66 USD
6 years ago
Jun 19, 2018
Sell 174 K USD
Hill Thomas W.
President & CEO
- 6300
27.6 USD
6 years ago
Jun 20, 2018
Sell 171 K USD
Hill Thomas W.
President & CEO
- 6200
27.64 USD
6 years ago
Jun 06, 2018
Sell 170 K USD
Hill Thomas W.
President & CEO
- 6300
27.02 USD
6 years ago
Jun 07, 2018
Sell 172 K USD
Hill Thomas W.
President & CEO
- 6200
27.8 USD
6 years ago
May 21, 2018
Sell 183 K USD
Hill Thomas W.
President & CEO
- 6300
29.07 USD
6 years ago
May 22, 2018
Sell 179 K USD
Hill Thomas W.
President & CEO
- 6200
28.9 USD
6 years ago
May 09, 2018
Sell 187 K USD
Hill Thomas W.
President & CEO
- 6300
29.64 USD
6 years ago
May 10, 2018
Sell 182 K USD
Hill Thomas W.
President & CEO
- 6200
29.43 USD
6 years ago
Apr 26, 2018
Sell 180 K USD
Hill Thomas W.
President & CEO
- 6300
28.62 USD
6 years ago
Apr 27, 2018
Sell 177 K USD
Hill Thomas W.
President & CEO
- 6200
28.49 USD
6 years ago
Apr 11, 2018
Sell 185 K USD
Hill Thomas W.
President & CEO
- 6300
29.32 USD
6 years ago
Apr 12, 2018
Sell 181 K USD
Hill Thomas W.
President & CEO
- 6200
29.27 USD
6 years ago
Mar 26, 2018
Sell 191 K USD
Hill Thomas W.
President & CEO
- 6300
30.37 USD
6 years ago
Mar 27, 2018
Sell 187 K USD
Hill Thomas W.
President & CEO
- 6200
30.18 USD
6 years ago
Mar 16, 2018
Sell 171 K USD
Hill Thomas W.
President & CEO
- 5600
30.59 USD
6 years ago
Mar 14, 2018
Sell 9.38 K USD
Hill Thomas W.
President & CEO
- 300
31.26 USD
6 years ago
Mar 14, 2018
Sell 592 K USD
Hill Thomas W.
President & CEO
- 18748
31.6 USD
6 years ago
Mar 15, 2018
Sell 218 K USD
Hill Thomas W.
President & CEO
- 7006
31.07 USD
6 years ago
Mar 14, 2018
Sell 3.82 M USD
Hill Thomas W.
President & CEO
- 123104
31.01 USD
6 years ago
Mar 16, 2018
Sell 7.44 M USD
Hill Thomas W.
President & CEO
- 238832
31.15 USD
6 years ago
Mar 15, 2018
Sell 1.65 M USD
Hill Thomas W.
President & CEO
- 54369
30.31 USD
6 years ago
Mar 12, 2018
Sell 200 K USD
Hill Thomas W.
President & CEO
- 6300
31.73 USD
6 years ago
Mar 13, 2018
Sell 198 K USD
Hill Thomas W.
President & CEO
- 6200
32.01 USD
6 years ago
Mar 05, 2018
Sell 326 K USD
Benedict Anne Lee
See Remarks
- 10000
32.57 USD
6 years ago
Mar 02, 2018
Sell 322 K USD
GARDNER TED A
Director
- 10000
32.2 USD
6 years ago
Feb 27, 2018
Sell 202 K USD
Hill Thomas W.
President & CEO
- 6300
32.04 USD
6 years ago
Feb 28, 2018
Sell 199 K USD
Hill Thomas W.
President & CEO
- 6200
32.02 USD
7. News
Summit Materials, Inc. (SUM) Q3 2024 Earnings Call Transcript Summit Materials, Inc. (NYSE:SUM ) Q3 2024 Earnings Conference Call October 31, 2024 11:00 AM ET Company Participants Andy Larkin – Vice President of Investor Relations Anne Noonan – Chief Executive Officer Scott Anderson – Chief Financial Officer Conference Call Participants Philip Ng – Jefferies Trey Grooms – Stephens Garik Shmois – Loop Capital Asher Sohnen – Citigroup Kathryn Thompson – Thompson Research Group Angel Castillo – Morgan Stanley Timna Tanners – Wolfe Research Rohit Seth – Seaport Research Partners Keith Hughes – Truist Securities Adam Thalhimer – Thompson Davis & Co. Jerry Revich – Goldman Sachs Mike Dahl – RBC Capital Markets Operator Thank you for standing by. My name is Mandeep, and I'll be your operator today. seekingalpha.com - 2 weeks ago
Here's What Key Metrics Tell Us About Summit Materials (SUM) Q3 Earnings The headline numbers for Summit Materials (SUM) give insight into how the company performed in the quarter ended September 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals. zacks.com - 2 weeks ago
Summit Materials (SUM) Beats Q3 Earnings Estimates Summit Materials (SUM) came out with quarterly earnings of $0.75 per share, beating the Zacks Consensus Estimate of $0.70 per share. This compares to earnings of $0.81 per share a year ago. zacks.com - 2 weeks ago
Summit Materials, Inc. Reports Third Quarter 2024 Results Pricing Momentum Continues Sets ELEVATE Summit Record for Quality of Earnings Refining 2024 Guidance DENVER , Oct. 30, 2024 /PRNewswire/ -- Summit Materials, Inc. (NYSE: SUM) ("Summit," "Summit Materials," "Summit Inc." or the "Company"), a market-leading producer of aggregates and cement company, today announced results for the third quarter ended September 28, 2024. All comparisons are versus the quarter ended September 30, 2023 unless noted otherwise. prnewswire.com - 2 weeks ago
Summit Materials Discloses Receipt of a Non-Binding Acquisition Proposal DENVER , Oct. 24, 2024 /PRNewswire/ -- Summit Materials, Inc. (NYSE: SUM) ("Summit," "Summit Materials," "Summit Inc." or the "Company") today disclosed that it has received a non-binding acquisition proposal. The Company has held initial discussions with the interested party, and, in consultation with its advisors, Summit's Board of Directors will carefully evaluate the proposal to determine the course of action it believes is in the best interests of the Company and its shareholders. prnewswire.com - 3 weeks ago
Quikrete is in talks to acquire Summit Materials, sources say Building materials provider Quikrete is in early-stage talks to acquire rival Summit Materials , people familiar with the matter said on Thursday. reuters.com - 3 weeks ago
Analysts Estimate Summit Materials (SUM) to Report a Decline in Earnings: What to Look Out for Summit Materials (SUM) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations. zacks.com - 3 weeks ago
Summit Materials Announces Third Quarter 2024 Results Conference Call Date DENVER , Oct. 15, 2024 /PRNewswire/ -- Summit Materials, Inc. (NYSE: SUM, "Summit" or the "Company"), a leading vertically integrated construction materials company, today announced that it will release third quarter 2024 financial results after the market closes on Wednesday, October 30, 2024. A conference call will be held on Thursday, October 31, 2024, at 11:00 a.m. prnewswire.com - 1 month ago
Summit Materials: Good Growth Prospects Should Drive Further Upside Summit Materials, Inc. has strong growth prospects driven by price increases, easing volume comparisons, and robust demand in public infrastructure and manufacturing sectors. Margins are expected to improve due to cost synergies from acquisitions, moderating inflation, and productivity gains despite recent weather-related volume declines. The stock is trading at a discount to its historical averages, with potential for P/E multiple re-rating and high double-digit EPS growth in the coming years. seekingalpha.com - 1 month ago
Summit Materials and Green America Recycling Pioneer Alternative Fuel Technology at the Davenport, Iowa Cement Plant First global pre-commercial installation of FuelFlex technology will reduce Davenport's Fossil Fuel usage by 20%.  DENVER , Sept. prnewswire.com - 2 months ago
3 Concrete & Aggregates Industry Stocks Thriving in Tough Times Federal infrastructure spending should help the Zacks Building Products - Concrete & Aggregates industry players like VMC, EXP and SUM. Yet, high rates and expenses are risks. zacks.com - 2 months ago
Summit Materials, Inc. (SUM) Q2 2024 Earnings Call Transcript Summit Materials, Inc. (NYSE:SUM ) Q2 2024 Earnings Conference Call August 6, 2024 12:00 PM ET Company Participants Andy Larkin - Vice President, Investor Relations Anne Noonan - Chief Executive Officer Scott Anderson - Chief Financial Officer Conference Call Participants Trey Grooms - Stephens Garik Shmois - Loop Capital Asher Sohnen - Citi Kathryn Thompson - Thompson Research Philip Ng - Jefferies Brent Thielman - D.A. Davidson Timna Tanners - Wolfe Research Jerry Revich - Goldman Sachs Keith Hughes - Truist Securities Joe Nolan - Longbow Research Operator Thank you for standing by. seekingalpha.com - 3 months ago
8. Profile Summary

Summit Materials, Inc. SUM

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COUNTRY US
INDUSTRY Construction Materials
MARKET CAP $ 8.5 B
Dividend Yield 0.00%
Description Summit Materials, Inc., 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. It also provides asphalt paving and related services to the private and public infrastructure sectors. In addition, the company operates municipal waste, construction, and demolition debris landfills; and liquid asphalt terminals. It has operations in the United States; and in British Columbia, Canada. The company was founded in 2009 and is headquartered in Denver, Colorado.
Contact 1550 Wynkoop Street, Denver, CO, 80202 https://summit-materials.com
IPO Date March 12, 2015
Employees 5300
Officers Julio DaSilva Chief Information Technology Officer Mr. C. Scott Anderson Executive Vice President & Chief Financial Officer Trent Musso Senior Vice President of Corporate Development Mr. Andy Larkin Vice President, Investor Relations Mr. David Loomes Executive Vice President & President of Cement Segment Ms. Anne P. Noonan President, Chief Executive Officer & Director Mr. Marshall D. Moore Executive Vice President & Chief Operating Officer Mr. Brian J. Harris Executive Officer Mr. Brian D. Frantz Senior Vice President, Treasurer & Chief Accounting Officer Ms. Karli S. Anderson Executive Vice President of Chief People & ESG Officer and Head of Communications