Summit Materials (SUM)
NYSE:SUM

Summit Materials (SUM) Stock Forecast & Price Target

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See the Price Targets and Ratings of:

SUM Analyst Ratings

Moderate Buy
9Ratings
5 Buy
4 Hold
0 Sell
Based on 9 analysts giving stock ratings to
Summit
Materials
in the past 3 months
TipRanks enables you to focus on the analyst rating consensus of all analysts or only the top performers​ in the past 3 months

SUM Stock 12 Months Forecast

Average Price Target

$33.28
▲(12.72% Upside)
Based on 9 Wall Street analysts offering 12 month price targets for Summit Materials in the last 3 months. The average price target is $33.28 with a high forecast of $48.00 and a low forecast of $24.50. The average price target represents a 12.72% change from the last price of $29.53.
Highest Price Target$48.00Average Price Target$33.28Lowest Price Target$24.50
The highest, average, and lowest price target of all analysts. Click on ‘Top Analysts’ to focus on the best performers.

Detailed List of Analyst Forecasts​

Analyst Profile
Expert Firm
Price Target
Position
Upside / Downside
Action
Date
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Article
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Loop Capital Markets
$37.00
Buy
25.32%
Upside
Reiterated
Summit Materials (SUM) PT Lowered to $37 at Loop CapitalLoop Capital analyst Garik Shmois lowered the price target on Summit Materials (NYSE: SUM) to $37.00 (from $41.00) while maintaining a Buy rating.
CFRA Analyst forecast on SUM
Unknown Analyst
Not Ranked
CFRA
$34.00
Hold
15.16%
Upside
Downgraded
CFRA downgrades Summit Materials (SUM) to HoldCFRA downgraded Summit Materials (NYSE: SUM) from Strong Buy to Hold with a price target of $34.00 (from $41.00).
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SUM Financial Forecast

SUM Earnings Forecast
Next quarter’s earnings estimate for SUM is $0.34 with a range of $0.26 to $0.50. The previous quarter’s EPS was $0.71. SUM beat its EPS estimate 50.00% of the time in the past 12 months, while its overall industry beat the EPS estimate 51.82% of the time in the same period. In the last calendar year SUM has Underperformed its overall industry.
Next quarter’s earnings estimate for SUM is $0.34 with a range of $0.26 to $0.50. The previous quarter’s EPS was $0.71. SUM beat its EPS estimate 50.00% of the time in the past 12 months, while its overall industry beat the EPS estimate 51.82% of the time in the same period. In the last calendar year SUM has Underperformed its overall industry.
SUM Sales Forecast
Next quarter’s sales forecast for SUM is $586.67M with a range of $531.10M to $643.00M. The previous quarter’s sales results were $752.75M. SUM beat its sales estimates 100.00% of the time in past 12 months, while its overall industry beat sales estimates 54.84% of the time in the same period. In the last calendar year SUM has Outperformed its overall industry.
Next quarter’s sales forecast for SUM is $586.67M with a range of $531.10M to $643.00M. The previous quarter’s sales results were $752.75M. SUM beat its sales estimates 100.00% of the time in past 12 months, while its overall industry beat sales estimates 54.84% of the time in the same period. In the last calendar year SUM has Outperformed its overall industry.
SUM Analyst Recommendation Trends
In the current month, SUM has received 3 Buy ratings 0 Hold ratings, and 0 Sell ratings. The SUM average analyst price target in the past 3 months is $33.28
In the current month, SUM has received 3 Buy ratings 0 Hold ratings, and 0 Sell ratings. The SUM average analyst price target in the past 3 months is $33.28

SUM Stock Forecast FAQ

What is SUM’s average 12-month price target, according to analysts?
Based on analyst ratings, Summit Materials’s 12-month average price target is $33.28.
    What is SUM’s upside potential, based on the analysts’ average price target?
    Summit Materials has 12.72% upside potential, based on the analysts’ average price target.
      Can I see which stocks the top-ranking analysts are rating?
      Yes, go to the Analysts’ Top Stocks tool to see stocks with a Strong Buy or Strong Sell analyst rating consensus, according to the top performers.
        How can I follow the stock ratings of top Wall Street analysts?
        Head over to our Expert Center to see a list of the top 100 Wall Street analysts and follow the analysts of your choice. Visit their profiles for more details about their stock ratings and see how they perform on a stock-by-stock basis.
          Is SUM a Buy, Sell or Hold?
          Summit Materials has a conensus rating of Moderate Buy which is based on 5 buy ratings, 4 hold ratings and 0 sell ratings.
            What is Summit Materials’s price target?
            The average price target for Summit Materials is $33.28. This is based on 9 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
            The highest analyst price target is $48.00 ,the lowest forecast is $24.50. The average price target represents 12.72% Increase from the current price of $29.525.
              What do analysts say about Summit Materials?
              Summit Materials’s analyst rating consensus is a ‘Moderate Buy. This is based on the ratings of 9 Wall Streets Analysts.

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