Summit Materials Stock Analysis

Summit Stock Analysis Notes

About 32.0% of the company outstanding shares are owned by corporate insiders. The book value of Summit Materials was at this time reported as 19.3. The company has Price/Earnings To Growth (PEG) ratio of 1.44. Summit Materials had not issued any dividends in recent years. The entity had 1017:1000 split on the 14th of December 2022. 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. The company was founded in 2009 and is headquartered in Denver, Colorado. Summit Materials operates under Building Materials classification in the United States and is traded on New York Stock Exchange. It employs 5500 people. To find out more about Summit Materials contact Thomas Hill at 303 893 0012 or learn more at https://summit-materials.com.

Summit Materials Investment Alerts

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Summit Largest EPS Surprises

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Summit Materials Thematic Classifications

Summit Stock Institutional Investors

Note, although Summit Materials' institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Summit Market Capitalization

The company currently falls under 'Mid-Cap' category with a total capitalization of 6.81 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Summit Materials's market, we take the total number of its shares issued and multiply it by Summit Materials's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Summit Profitablity

The company has Net Profit Margin of 0.11 %, which implies that it may need a different competitive strategy as even a very small decline in it revenue may erase profits and result in a net loss. This is way below average. In the same way, it shows Net Operating Margin of 0.11 %, which entails that for every 100 dollars of revenue, it generated $0.11 of operating income.

Management Efficiency

Summit Materials has Return on Asset of 0.0438 % which means that on every $100 spent on assets, it made $0.0438 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.1338 %, implying that it generated $0.1338 on every 100 dollars invested. Summit Materials' management efficiency ratios could be used to measure how well Summit Materials manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Summit Materials' Return On Tangible Assets are very stable compared to the past year. As of the 23rd of April 2024, Return On Assets is likely to grow to 0.06, while Return On Capital Employed is likely to drop 0.04. At this time, Summit Materials' Asset Turnover is very stable compared to the past year.

Technical Drivers

As of the 23rd of April, Summit Materials has the Risk Adjusted Performance of 0.0469, coefficient of variation of 1534.5, and Semi Deviation of 1.75. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Summit Materials, as well as the relationship between them. In other words, you can use this information to find out if the company will indeed mirror its model of past prices and volume data, or the prices will eventually revert. We are able to break down and analyze data for nineteen technical drivers for Summit Materials, which can be compared to its competition. Please validate Summit Materials standard deviation, value at risk, as well as the relationship between the Value At Risk and kurtosis to decide if Summit Materials is priced more or less accurately, providing market reflects its prevalent price of 39.56 per share. Given that Summit Materials has jensen alpha of (0.05), we advise you to double-check Summit Materials's current market performance to make sure the company can sustain itself at a future point.

Summit Materials Price Movement Analysis

Summit Materials Insider Trading Activities

Summit Materials Predictive Daily Indicators

Summit Materials Corporate Filings

Summit Materials Forecast Models

Summit Materials' time-series forecasting models are one of many Summit Materials' stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Summit Materials' historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Stock analysis is the technique used by a trader or investor to examine and evaluate how Summit Materials prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Summit shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Summit Materials. By using and applying Summit Stock analysis, traders can create a robust methodology for identifying Summit entry and exit points for their positions.

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Summit analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Summit analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.

Summit Materials stock analysis indicators help investors evaluate how Summit Materials stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Summit Materials shares will generate the highest return on investment. By understating and applying Summit Materials stock analysis, traders can identify Summit Materials position entry and exit signals to maximize returns.

Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Summit Materials. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in employment. To learn how to invest in Summit Stock, please use our How to Invest in Summit Materials guide.You can also try the CEOs Directory module to screen CEOs from public companies around the world.

When running Summit Materials' price analysis, check to measure Summit Materials' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Summit Materials is operating at the current time. Most of Summit Materials' value examination focuses on studying past and present price action to predict the probability of Summit Materials' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Summit Materials' price. Additionally, you may evaluate how the addition of Summit Materials to your portfolios can decrease your overall portfolio volatility.

Is Summit Materials' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Summit Materials. If investors know Summit will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Summit Materials listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

The market value of Summit Materials is measured differently than its book value, which is the value of Summit that is recorded on the company's balance sheet. Investors also form their own opinion of Summit Materials' value that differs from its market value or its book value, called intrinsic value, which is Summit Materials' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Summit Materials' market value can be influenced by many factors that don't directly affect Summit Materials' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Summit Materials' value and its price as these two are different measures arrived at by different means. Investors typically determine if Summit Materials is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Summit Materials' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.