$-0.55 EPS Expected for Summit Materials, Inc. (SUM)

April 21, 2018 - By Michael Collier

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 decreased 1.70% or $0.5 during the last trading session, reaching $28.87. About 1.12M shares traded. Summit Materials, Inc. (NYSE:SUM) has risen 30.65% since April 21, 2017 and is uptrending. It has outperformed by 19.10% the S&P500.

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

Among 10 analysts covering Summit Materials (NYSE:SUM), 8 have Buy rating, 0 Sell and 2 Hold. Therefore 80% are positive. Summit Materials had 11 analyst reports since October 24, 2017 according to SRatingsIntel. On Tuesday, November 14 the stock rating was maintained by RBC Capital Markets with “Buy”. The stock of Summit Materials, Inc. (NYSE:SUM) has “Buy” rating given on Tuesday, February 27 by Goldman Sachs. The firm has “Buy” rating given on Thursday, February 15 by RBC Capital Markets. Citigroup maintained Summit Materials, Inc. (NYSE:SUM) on Thursday, January 25 with “Buy” rating. The stock of Summit Materials, Inc. (NYSE:SUM) earned “Hold” rating by Barclays Capital on Tuesday, December 12. The firm earned “Buy” rating on Thursday, February 22 by Stephens. The stock of Summit Materials, Inc. (NYSE:SUM) has “Neutral” rating given on Tuesday, October 31 by Bank of America. The company was maintained on Thursday, February 15 by Deutsche Bank.

Summit Materials, Inc., together with its subsidiaries, produces and sells construction materials and related downstream products. The company has market cap of $3.31 billion. The Company’s products include aggregates, cement, ready-mixed concrete, asphalt paving mixes, and concrete products. It has a 26.01 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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