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Summit Materials (SUM)

(Delayed Data from NYSE)

$48.53 USD

48.53
836,470

-0.15 (-0.31%)

Updated Nov 14, 2024 04:00 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.10%
2Buy17.80%
3Hold9.50%
4Sell2.70%
5Strong Sell2.70%
S&P50011.20%

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3-Hold of 5     3    

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

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C Value B Growth B Momentum B VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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Bottom 29% (178 out of 250)

Industry: Building Products - Concrete and Aggregates

Zacks News

Earnings Preview: Summit Materials (SUM) Q4 Earnings Expected to Decline

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.

Should Value Investors Buy Cemex (CX) Stock?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Summit Materials (SUM) Upgraded to Buy: Here's Why

Summit Materials (SUM) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

Eagle Materials (EXP) Q3 Earnings and Revenues Top Estimates

Eagle Materials (EXP) delivered earnings and revenue surprises of 4.49% and 4.02%, respectively, for the quarter ended December 2023. Do the numbers hold clues to what lies ahead for the stock?

Summit's (SUM) Shareholders Approve Merger With Argos USA

Summit's (SUM) merger with Argos USA is set to create the fourth-largest cement platform and accelerate its Elevate Summit strategy.

Shrabana Mukherjee headshot

3 Stocks to Watch From the Thriving Concrete & Aggregates Industry

Federal infrastructure spending and improving the residential market should help the Zacks Building Products - Concrete & Aggregates industry players like MLM, EXP and SUM amid high costs.

Is Eagle Materials (EXP) a Great Value Stock Right Now?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Are Investors Undervaluing Summit Materials (SUM) Right Now?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Is Summit Materials (SUM) Stock Undervalued Right Now?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Compared to Estimates, Summit Materials (SUM) Q3 Earnings: A Look at Key Metrics

The headline numbers for Summit Materials (SUM) give insight into how the company performed in the quarter ended September 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Eagle Materials (EXP) Beats Q2 Earnings Estimates

Eagle Materials (EXP) delivered earnings and revenue surprises of 2.39% and 1.58%, respectively, for the quarter ended September 2023. Do the numbers hold clues to what lies ahead for the stock?

Summit Materials (SUM) Stock Jumps 6.5%: Will It Continue to Soar?

Summit Materials (SUM) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.

Zacks Industry Outlook Highlights Vulcan Materials, Martin Marietta Materials and Summit Materials

Vulcan Materials, Martin Marietta Materials and Summit Materials have been highlighted in this Industry Outlook article.

Shrabana Mukherjee headshot

3 Stocks to Watch From the Promising Concrete & Aggregates Industry

Federal infrastructure spending and improving residential market should help the Zacks Building Products - Concrete & Aggregates industry players like VMC, MLM and SUM amid high costs.

Gibraltar (ROCK) Jumps 15% in a Month: What's Aiding the Stock

The Three-Pillar Growth Strategy will likely boost Gibraltar (ROCK) in the future.

Martin Marietta (MLM) to Divest Tehachapi, CA Cement Plant

Martin Marietta Materials (MLM) intends to sell its California-based cement plant, in line with the SOAR 2025 plan.

Boise Cascade (BCC) to Acquire Brockway-Smith for $172M

Boise Cascade's (BCC) recent deal to strengthen its position in the millwork sector.

Summit's (SUM) TRA to Streamline its Corporate Structure

Summit's (SUM) subsidiary to acquire all the rights and interest of Blackstone TRA parties for a cash consideration of $115 million.

Here's Why Summit Materials (SUM) Is a Great 'Buy the Bottom' Stock Now

Summit Materials (SUM) witnesses a hammer chart pattern, indicating support found by the stock after losing some value lately. This coupled with an upward trend in earnings estimate revisions could mean a trend reversal for the stock in the near term.

TopBuild (BLD) Rallies 80% Year to Date: More Room to Run?

TopBuild's (BLD) growth is driven by robust installation business and strategic buyouts. Also focus on operational efficiencies and cost control initiatives bodes well.

New Strong Buy Stocks for August 9th

POST, ALB, SUM, WTS and CVGI have been added to the Zacks Rank #1 (Strong Buy) List on August 9, 2023.

Zacks Investment Ideas feature highlights: Samsara, Summit Materials, Amazon, Alphabet and IonQ

Samsara, Summit Materials, Amazon, Alphabet and IonQ are part of the Zacks Investment Ideas article.

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3 Game-Changing Technologies (Watch these stocks!)

Technology is accelerating at a head-spinning rate. Innovations breed higher earnings, which eventually leads to higher stock prices. Strategist Andrew Rocco breaks down 3 key areas to focus on and explains them in easy-to-understand terms.

Summit Materials (SUM) Reports Q2 Earnings: What Key Metrics Have to Say

While the top- and bottom-line numbers for Summit Materials (SUM) give a sense of how the business performed in the quarter ended June 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Summit Materials (SUM) Q2 Earnings and Revenues Surpass Estimates

Summit Materials (SUM) delivered earnings and revenue surprises of 18.33% and 4.88%, respectively, for the quarter ended June 2023. Do the numbers hold clues to what lies ahead for the stock?