Summit Materials, Inc. (SUM) Analysts See $-0.55 EPS

April 12, 2018 - By Adrian Erickson

Summit Materials, Inc. (NYSE:SUM) Logo

Analysts expect Summit Materials, Inc. (NYSE:SUM) to report $-0.55 EPS on May, 2.They anticipate $0.06 EPS change or 12.24 % from last quarter’s $-0.49 EPS. After having $0.46 EPS previously, Summit Materials, Inc.’s analysts see -219.57 % EPS growth. The stock increased 0.79% or $0.23 during the last trading session, reaching $29.32. About 649,283 shares traded. Summit Materials, Inc. (NYSE:SUM) has risen 30.65% since April 13, 2017 and is uptrending. It has outperformed by 19.10% the S&P500.

Summit Materials, Inc. (NYSE:SUM) Ratings Coverage

Among 9 analysts covering Summit Materials (NYSE:SUM), 7 have Buy rating, 0 Sell and 2 Hold. Therefore 78% are positive. Summit Materials had 10 analyst reports since October 24, 2017 according to SRatingsIntel. Barclays Capital initiated Summit Materials, Inc. (NYSE:SUM) on Tuesday, December 12 with “Hold” rating. Citigroup maintained the stock with “Buy” rating in Thursday, January 25 report. The firm has “Buy” rating by RBC Capital Markets given on Tuesday, November 14. Deutsche Bank maintained Summit Materials, Inc. (NYSE:SUM) rating on Thursday, February 15. Deutsche Bank has “Buy” rating and $38 target. The stock has “Buy” rating by RBC Capital Markets on Thursday, February 15. Goldman Sachs upgraded the shares of SUM in report on Tuesday, February 27 to “Buy” rating. The rating was maintained by Bank of America on Tuesday, October 31 with “Neutral”. The firm has “Buy” rating by Stephens given on Thursday, February 22.

Summit Materials, Inc., together with its subsidiaries, produces and sells construction materials and related downstream products. The company has market cap of $3.36 billion. The Company’s products include aggregates, cement, ready-mixed concrete, asphalt paving mixes, and concrete products. It has a 26.41 P/E ratio. The firm also provides paving and related services to private and public infrastructure sectors.

Summit Materials, Inc. (NYSE:SUM) Ratings Chart

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