Summit Materials Inc (SUM)

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Summit Materials Inc stock is currently priced at $38.47, with a 24-hour trading volume of 935.88K. It has seen a -1.43% decreased in the last 24 hours and a -6.69% declined in the past month. The chart indicates a potential bearish trend, as the stock is below the $39.45 pivot point. If it approaches the $38.46 support level, significant changes may occur.

Summit Materials Inc Stock (SUM) Financials Data

Summit Materials Inc (SUM) Revenue 2024

SUM reported a revenue (TTM) of $2.62 billion for the quarter ending December 31, 2023, a +8.58% rise year-over-year.

Summit Materials Inc (SUM) Net Income 2024

SUM net income (TTM) was $285.86 million for the quarter ending December 31, 2023, a +5.04% increase year-over-year.

Summit Materials Inc (SUM) Cash Flow 2024

SUM recorded a free cash flow (TTM) of $183.24 million for the quarter ending December 31, 2023, a +955.23% increase year-over-year.

Summit Materials Inc (SUM) Earnings per Share 2024

SUM earnings per share (TTM) was $2.38 for the quarter ending December 31, 2023, a +4.85% growth year-over-year.

Summit Materials Inc Stock (SUM) Latest News

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Summit Materials, Inc., together with its subsidiaries, produces and sells construction materials and related downstream products. Its products include aggregates, cement, ready-mix concrete, asphalt paving mixes, and concrete products. The company also provides paving and related services to private and public infrastructure sectors. In addition, it operates municipal waste, construction, and demolition debris landfills; and liquid asphalt terminal. The company operates in the United States, British Columbia, and Canada. Summit Materials, Inc. was founded in 2009 and is headquartered in Denver, Colorado.

Downgrade	RBC Capital Mkts: Outperform → Sector Perform	Jan-12-24
Upgrade	Seaport Research Partners: Neutral → Buy	Oct-24-23
Downgrade	Wolfe Research: Outperform → Peer Perform	Sep-08-23
Downgrade	Exane BNP Paribas: Outperform → Neutral	Jul-24-23
Downgrade	JP Morgan: Neutral → Underweight	Jul-06-23
Downgrade	JP Morgan: Overweight → Neutral	Mar-10-23
Initiated	Seaport Research Partners: Neutral	Feb-10-23
Initiated	Truist: Buy	Jan-13-23
Upgrade	RBC Capital Mkts: Sector Perform → Outperform	Jun-22-22
Initiated	Wolfe Research: Outperform	Oct-28-21
Downgrade	RBC Capital Mkts: Outperform → Sector Perform	Oct-18-21
Upgrade	Goldman: Sell → Neutral	Jun-01-21
Upgrade	Stephens: Equal-Weight → Overweight	Jan-06-21
Initiated	UBS: Sell	Dec-09-20
Upgrade	JP Morgan: Neutral → Overweight	Aug-06-20
Upgrade	Loop Capital: Hold → Buy	Jul-23-20
Upgrade	CFRA: Buy → Strong Buy	Jul-22-20
Downgrade	Stephens: Overweight → Equal-Weight	Apr-30-20
Downgrade	DA Davidson: Buy → Neutral	Apr-22-20
Downgrade	Loop Capital: Buy → Hold	Apr-17-20
Upgrade	Berenberg: Hold → Buy	Mar-25-20
Downgrade	Goldman: Neutral → Sell	Jan-13-20
Initiated	Loop Capital: Hold	Dec-19-19
Initiated	Citigroup: Buy	Dec-17-19
Initiated	Deutsche Bank: Buy	Nov-21-19
Initiated	Exane BNP Paribas: Outperform	Oct-09-19
Initiated	Berenberg: Hold	Apr-03-19
Initiated	JP Morgan: Neutral	Mar-21-19
Reiterated	Stifel: Buy	Aug-03-18
Initiated	Jefferies: Buy	Apr-17-18
Upgrade	Goldman: Neutral → Buy	Feb-27-18
Initiated	Barclays: Equal Weight	Dec-13-17
Reiterated	RBC Capital Mkts: Outperform	Aug-03-17