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.
IPO Date
12th of March 2015
200 Day MA
36.382
50 Day MA
39.8286
Beta
1.321
 
Yuan Drop
 
Covid
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.

Sharpe Ratio = 0.1181

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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 PriceMarch 27, 202444.03
Lowest PriceJanuary 16, 202434.8

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

When benchmark price declines in a down market, there may be an uptick in Summit Stock price where buyers come in believing the asset is cheap or selling overdone. The opposite is true when the market is bullish. You can use Summit Materials intraday prices and daily technical indicators to check the level of noise trading in Summit Stock and then apply it to test your longer-term investment strategies against Summit.

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.
OpenHighLowCloseVolume
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 ReportedProjected for 2024
Common Stock Shares Outstanding119.8 M91.5 M
Net Income Applicable To Common Shares313 M328.6 M

Summit Materials Quarterly Net Working Capital

1.41 Billion

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.
A focus of Summit Materials technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Summit Materials trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

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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.
When determining whether Summit Materials is a strong investment it is important to analyze Summit Materials' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Summit Materials' future performance. For an informed investment choice regarding Summit Stock, refer to the following important reports:
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.