Summit Materials Stock Price History
SUM Stock | USD 44.03 0.57 1.31% |
Below is the normalized historical share price chart for Summit Materials extending back to March 12, 2015. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Summit Materials stands at 44.03, as last reported on the 28th of March, with the highest price reaching 44.04 and the lowest price hitting 43.15 during the day.
If you're considering investing in Summit Stock, it is important to understand the factors that can impact its price. Summit Materials appears to be very steady, given 3 months investment horizon. Summit Materials owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.12, which indicates the firm had a 0.12% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Summit Materials, which you can use to evaluate the volatility of the company. Please review Summit Materials' Risk Adjusted Performance of 0.0693, semi deviation of 1.79, and Coefficient Of Variation of 894.13 to confirm if our risk estimates are consistent with your expectations.
At this time, Summit Materials' Other Stockholder Equity is very stable compared to the past year. As of the 28th of March 2024, Capital Stock is likely to grow to about 1.3 M, while Common Stock Shares Outstanding is likely to drop about 91.5 M. . As of the 28th of March 2024, Price Earnings Ratio is likely to drop to 9.30. In addition to that, Price To Sales Ratio is likely to drop to 0.82. Summit Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 12th of March 2015 | 200 Day MA 36.382 | 50 Day MA 39.8286 | Beta 1.321 |
Summit |
Sharpe Ratio = 0.1181
Best Portfolio | Best Equity | |||
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Small Returns | SUM | |||
Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
2.05 actual daily | 18 82% of assets are more volatile |
Expected Return
0.24 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average Summit Materials is performing at about 9% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Summit Materials by adding it to a well-diversified portfolio.
Price Book 3.2829 | Enterprise Value Ebitda 12.9657 | Price Sales 2.9202 | Shares Float 118.5 M | Wall Street Target Price 47.47 |
Summit Materials Stock Price History Chart
There are several ways to analyze Summit Stock price data. The simplest method is using a basic Summit candlestick price chart, which shows Summit Materials price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
Highest Price | March 27, 2024 | 44.03 |
Lowest Price | January 16, 2024 | 34.8 |
Summit Materials March 28, 2024 Stock Price Synopsis
Various analyses of Summit Materials' daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Summit Stock. It can be used to describe the percentage change in the price of Summit Materials from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Summit Stock.Summit Materials Price Rate Of Daily Change | 1.01 | |
Summit Materials Price Daily Balance Of Power | 0.64 | |
Summit Materials Price Action Indicator | 0.72 | |
Summit Materials Accumulation Distribution | 17,386 |
Summit Materials March 28, 2024 Stock Price Analysis
Summit Stock Price History Data
The price series of Summit Materials for the period between Fri, Dec 29, 2023 and Thu, Mar 28, 2024 has a statistical range of 9.23 with a coefficient of variation of 7.28. The price distribution for the period has arithmetic mean of 39.4. The median price for the last 90 days is 38.84. The company completed stock split (1017:1000) on 14th of December 2022.Open | High | Low | Close | Volume | ||
03/27/2024 | 43.68 | 44.04 | 43.15 | 44.03 | 860,294 | |
03/26/2024 | 42.99 | 43.49 | 42.87 | 43.46 | 679,995 | |
03/25/2024 | 43.36 | 43.57 | 42.80 | 42.82 | 659,942 | |
03/22/2024 | 43.39 | 43.53 | 42.93 | 43.37 | 706,608 | |
03/21/2024 | 43.04 | 43.82 | 42.73 | 43.62 | 938,640 | |
03/20/2024 | 42.28 | 42.88 | 42.20 | 42.62 | 888,976 | |
03/19/2024 | 41.07 | 42.34 | 41.07 | 42.20 | 1,460,112 | |
03/18/2024 | 41.04 | 41.33 | 40.62 | 41.23 | 1,117,566 | |
03/15/2024 | 41.36 | 41.90 | 40.64 | 40.82 | 1,822,207 | |
03/14/2024 | 41.63 | 41.96 | 41.18 | 41.64 | 1,310,401 | |
03/13/2024 | 42.04 | 42.60 | 41.76 | 41.98 | 1,440,751 | |
03/12/2024 | 42.15 | 42.56 | 42.02 | 42.16 | 1,386,481 | |
03/11/2024 | 42.79 | 42.79 | 41.93 | 42.15 | 1,468,285 | |
03/08/2024 | 43.59 | 43.74 | 42.87 | 42.99 | 841,807 | |
03/07/2024 | 43.74 | 44.17 | 43.31 | 43.35 | 1,168,596 | |
03/06/2024 | 43.42 | 43.87 | 43.05 | 43.43 | 817,037 | |
03/05/2024 | 43.53 | 43.99 | 42.77 | 43.15 | 1,318,733 | |
03/04/2024 | 43.20 | 44.42 | 43.08 | 43.92 | 1,490,708 | |
03/01/2024 | 42.95 | 43.56 | 42.76 | 43.20 | 1,151,083 | |
02/29/2024 | 42.90 | 43.23 | 42.59 | 42.71 | 1,542,840 | |
02/28/2024 | 42.33 | 42.88 | 42.27 | 42.39 | 1,030,034 | |
02/27/2024 | 42.55 | 43.08 | 42.53 | 42.59 | 1,547,588 | |
02/26/2024 | 42.26 | 42.65 | 41.97 | 42.25 | 1,112,865 | |
02/23/2024 | 42.58 | 42.98 | 42.00 | 42.24 | 1,120,404 | |
02/22/2024 | 41.41 | 42.28 | 41.38 | 41.80 | 1,750,095 | |
02/21/2024 | 39.77 | 41.34 | 39.55 | 41.29 | 2,009,253 | |
02/20/2024 | 41.10 | 41.27 | 39.79 | 39.98 | 1,350,032 | |
02/16/2024 | 39.99 | 41.99 | 39.64 | 41.54 | 1,921,612 | |
02/15/2024 | 40.00 | 41.20 | 37.39 | 39.55 | 2,125,798 | |
02/14/2024 | 37.38 | 37.95 | 36.92 | 37.63 | 1,024,370 | |
02/13/2024 | 37.04 | 37.58 | 36.61 | 37.00 | 1,042,489 | |
02/12/2024 | 37.76 | 38.72 | 37.76 | 38.26 | 776,686 | |
02/09/2024 | 37.61 | 37.79 | 37.45 | 37.66 | 508,260 | |
02/08/2024 | 37.44 | 38.10 | 37.32 | 37.74 | 757,896 | |
02/07/2024 | 36.63 | 37.62 | 36.42 | 37.43 | 867,879 | |
02/06/2024 | 36.34 | 36.85 | 36.08 | 36.31 | 1,064,557 | |
02/05/2024 | 36.78 | 36.86 | 36.22 | 36.48 | 656,534 | |
02/02/2024 | 36.86 | 37.64 | 36.75 | 37.34 | 612,139 | |
02/01/2024 | 36.57 | 37.39 | 36.09 | 37.37 | 696,880 | |
01/31/2024 | 37.34 | 37.52 | 36.13 | 36.18 | 870,408 | |
01/30/2024 | 37.21 | 37.91 | 36.99 | 37.56 | 647,990 | |
01/29/2024 | 36.63 | 37.45 | 36.42 | 37.38 | 946,223 | |
01/26/2024 | 36.08 | 36.68 | 35.84 | 36.50 | 788,478 | |
01/25/2024 | 35.74 | 36.38 | 35.57 | 35.88 | 923,447 | |
01/24/2024 | 36.27 | 36.33 | 35.03 | 35.08 | 772,003 | |
01/23/2024 | 37.43 | 37.48 | 35.73 | 35.81 | 922,524 | |
01/22/2024 | 36.70 | 37.08 | 36.58 | 37.00 | 790,043 | |
01/19/2024 | 36.33 | 36.40 | 35.63 | 36.34 | 855,807 | |
01/18/2024 | 35.19 | 36.21 | 35.17 | 36.13 | 1,134,762 | |
01/17/2024 | 34.47 | 35.29 | 34.38 | 35.10 | 857,678 | |
01/16/2024 | 35.27 | 35.27 | 34.62 | 34.80 | 1,241,600 | |
01/12/2024 | 36.07 | 36.39 | 35.19 | 35.32 | 920,731 | |
01/11/2024 | 36.60 | 36.77 | 36.18 | 36.66 | 415,078 | |
01/10/2024 | 36.76 | 37.10 | 36.59 | 36.81 | 603,256 | |
01/09/2024 | 37.03 | 37.26 | 36.49 | 36.98 | 742,745 | |
01/08/2024 | 36.99 | 37.80 | 36.74 | 37.77 | 501,255 | |
01/05/2024 | 36.35 | 36.94 | 36.35 | 36.81 | 607,999 | |
01/04/2024 | 37.18 | 37.18 | 36.31 | 36.57 | 554,548 | |
01/03/2024 | 38.28 | 38.28 | 36.69 | 36.81 | 789,434 | |
01/02/2024 | 38.10 | 38.63 | 37.81 | 38.27 | 473,300 | |
12/29/2023 | 38.74 | 38.88 | 38.37 | 38.46 | 399,327 |
About Summit Materials Stock history
Summit Materials investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Summit is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Summit Materials will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Summit Materials stock prices may prove useful in developing a viable investing in Summit Materials
Last Reported | Projected for 2024 | ||
Common Stock Shares Outstanding | 119.8 M | 91.5 M | |
Net Income Applicable To Common Shares | 313 M | 328.6 M |
Summit Materials Quarterly Net Working Capital |
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Summit Materials Stock Technical Analysis
Summit Materials technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
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Summit Materials Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Summit Materials' price direction in advance. Along with the technical and fundamental analysis of Summit Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Summit to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Risk Adjusted Performance | 0.0693 | |||
Jensen Alpha | (0.08) | |||
Total Risk Alpha | (0.23) | |||
Sortino Ratio | 0.0452 | |||
Treynor Ratio | 0.09 |
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
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 Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
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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.
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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.
Quarterly Earnings Growth (0.90) | Earnings Share 2.39 | Revenue Per Share 22.004 | Quarterly Revenue Growth 0.195 | Return On Assets 0.0438 |
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.