Summit Materials: Diversified But Lacking Upside [Seeking Alpha]
Summit Materials, Inc. Class A (SUM)
Last summit materials, inc. class a earnings: 4/29 06:00 am
Check Earnings Report
US:NYSE Investor Relations:
investors.summit-materials.com/news
Company Research
Source: Seeking Alpha
The company is heavily diversified, with the production of a range of commodities, limiting its exposure to particular markets and price movements. Management's strategy could deliver margin improvement in the coming years, albeit exposure to asset prices and global demand could be impacted by China. SUM is not performing overly well relative to its peers, with lower margins and growth. We do not believe SUM is attractively priced, with a low FCF yield and near-term downside risk due to declining asset prices and negative volume growth. Introduction and thesis Summit Materials ( NYSE: SUM ) is a leading vertically integrated construction materials company that produces and supplies aggregates, cement, ready-mix concrete, asphalt, and paving services to the construction industry. The company operates a network of quarries, cement plants, and distribution facilities across the United States Recommended For You Recommended For You About SUM Stock More on SUM Related
Show less
Read more
Impact Snapshot
Event Time:
SUM
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
SUM alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
SUM alerts
High impacting Summit Materials, Inc. Class A news events
Weekly update
A roundup of the hottest topics
SUM
News
- Summit Materials (SUM) to Post Q1 Earnings: Factors to Note [Yahoo! Finance]Yahoo! Finance
- Is Summit Materials, Inc. (NYSE:SUM) Trading At A 48% Discount? [Yahoo! Finance]Yahoo! Finance
- Summit Materials Announces First Quarter 2024 Results Conference Call DatePR Newswire
- Will Summit Materials (SUM) Beat Estimates Again in Its Next Earnings Report? [Yahoo! Finance]Yahoo! Finance
- Summit Materials, Inc. (NYSE: SUM) had its price target raised by analysts at Citigroup Inc. from $46.00 to $51.00. They now have a "buy" rating on the stock.MarketBeat
SUM
Earnings
- 2/14/24 - Beat
SUM
Sec Filings
- 4/26/24 - Form 8-K
- 4/8/24 - Form ARS
- 4/8/24 - Form DEFA14A
- SUM's page on the SEC website