Summit Materials Stock Story

SUM Stock  USD 39.50  0.69  1.72%   
About 55% of Summit Materials' investor base is interested to short. The analysis of overall sentiment of trading Summit Materials stock suggests that many investors are impartial at this time. Summit Materials' investor sentiment overview provides quick insight into current market opportunities from investing in Summit Materials. The current market sentiment, together with Summit Materials' historical and current headlines, can help investors time the market. In addition, many technical investors use Summit Materials stock news signals to limit their universe of possible portfolio assets and to time the market correctly.
Summit Materials stock news, alerts, and headlines are usually related to its technical, predictive, social, and fundamental indicators. It can reflect on the current distribution of Summit daily returns and investor perception about the current price of Summit Materials as well as its diversification or hedging effects on your existing portfolios.
  

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Summit Materials Latest Timeline

Summit Materials is traded for 39.50. 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.
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 Summit Materials Hype Analysis, Summit Materials Correlation and Summit Materials Performance.
To learn how to invest in Summit Stock, please use our How to Invest in Summit Materials guide.
You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.

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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.