|Bid||23.17 x 900|
|Ask||23.19 x 800|
|Day's Range||22.60 - 23.18|
|52 Week Range||11.25 - 23.48|
|Beta (3Y Monthly)||2.20|
|PE Ratio (TTM)||137.07|
|Earnings Date||Nov 4, 2019 - Nov 8, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||23.46|
"The global economic environment is very favorable for investors. Economies are generally strong, but not too strong. Employment levels are among the strongest for many decades. Interest rates are paused at very low levels, and the risk of significant increases in the medium term seems low. Financing for transactions is freely available to good borrowers, […]
Today we'll look at Summit Materials, Inc. (NYSE:SUM) and reflect on its potential as an investment. Specifically...
Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Summit Materials, LLC and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers. This publication does not announce a credit rating action and is not an indication of whether or not a credit rating action is likely in the near future.
Summit Materials, Inc. (SUM) announced today that M. Shane Evans will be leaving his role as the Company’s Executive Vice President, West Division President, effective January 1, 2020, for personal reasons. Mr. Evans will continue to serve in an advisory capacity for the Company. While we are sorry to see him leave his role as our West Division President, we understand his desire to devote more time to his family,” said Thomas W. Hill, President and Chief Executive Officer.
Summit Materials (SUM) delivered earnings and revenue surprises of -18.42% and -7.59%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock?
Strength in the commercial & infrastructural construction business are likely to aid Martin Marietta Materials' (MLM) Q2 results. However, weather-related woes and rising costs pose concerns.
Summit Materials (SUM) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Many investors are still learning about the various metrics that can be useful when analysing a stock. This article is...
The deal would bolster Grupo Argos' U.S. footprint and illustrate how building materials companies in emerging markets are seeking to become consolidators of their sectors in more mature economies. Grupo Argos sees value in combining Cementos Argos SA, one of its subsidiaries, with Summit Materials and gaining scale, the sources said.
After several tireless days we have finished crunching the numbers from nearly 750 13F filings issued by the elite hedge funds and other investment firms that we track at Insider Monkey, which disclosed those firms' equity portfolios as of March 31. The results of that effort will be put on display in this article, as […]
Strength in the commercial & heavy industrial construction business, and strategic buyouts have been aiding Martin Marietta Materials (MLM) to deliver improved results.
Summit Materials Inc NYSE:SUMView full report here! Summary * Bearish sentiment is high * Economic output in this company's sector is contracting Bearish sentimentShort interest | NegativeShort interest is high for SUM with between 15 and 20% of shares on loan. This means that investors who seek to profit from falling equity prices are currently targeting SUM. However, the last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment. Money flowETF/Index ownership | NeutralETF activity is neutral. ETFs that hold SUM had net inflows of $596 million over the last one-month. Economic sentimentPMI by IHS Markit | NegativeAccording to the latest IHS Markit Purchasing Managersâ€™ Index (PMI) data, output in the Industrialsis falling. The rate of decline is very significant relative to the trend shown over the past year, and is accelerating. The rate of contraction may ease in the coming months, however. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to firstname.lastname@example.org.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.