Summit Materials: Good Growth Prospects Should Drive Further Upside [Seeking Alpha]
Summit Materials, Inc. Class A (SUM)
Last summit materials, inc. class a earnings: 4/29 06:00 am
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US:NYSE Investor Relations:
investors.summit-materials.com/news
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Source: Seeking Alpha
13min Summary Summit Materials, Inc. has strong growth prospects driven by price increases, easing volume comparisons, and robust demand in public infrastructure and manufacturing sectors. Margins are expected to improve due to cost synergies from acquisitions, moderating inflation, and productivity gains despite recent weather-related volume declines. The stock is trading at a discount to its historical averages, with potential for P/E multiple re-rating and high double-digit EPS growth in the coming years. Bogdanhoda Investment Thesis Summit Materials, Inc. ( NYSE: SUM ) has good growth prospects ahead. The company's revenue growth should continue to benefit from the carryover impact of past price increases as well as incremental pricing moving forward. Additionally, I expect volumes to start recovering given This article was written by GS Analytics 3.16K Follower s Follow We focus on GARP (Growth at reasonable Price) opportunities in industrial, consumer, a
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SUM
News
- Summit Materials Responds to Media Reports [Yahoo! Finance]Yahoo! Finance
- Summit Materials Responds to Media ReportsPR Newswire
- Summit Materials, Inc. (NYSE: SUM) was downgraded by analysts at StockNews.com from a "hold" rating to a "sell" rating.MarketBeat
- Summit Materials, Inc. (NYSE: SUM) was downgraded by analysts at StockNews.com from a "hold" rating to a "sell" rating.MarketBeat
- There Might Be More To Summit Materials' (NYSE:SUM) Story Than Just Weak Earnings [Yahoo! Finance]Yahoo! Finance
SUM
Earnings
- 10/30/24 - Beat
SUM
Sec Filings
- 11/15/24 - Form 8-K
- 11/14/24 - Form SC
- 11/12/24 - Form SC
- SUM's page on the SEC website