Summit Materials Earnings Estimate
| SUM Stock | USD 51.09 0.24 0.47% |
Summit Materials Revenue Breakdown by Earning Segment
By analyzing Summit Materials' earnings estimates, investors can diagnose different trends across Summit Materials' analyst sentiment over time as well as compare current estimates against different timeframes. At this time, Summit Materials' Pretax Profit Margin is very stable compared to the past year. As of the 29th of November 2024, Net Profit Margin is likely to grow to 0.11, while Gross Profit is likely to drop about 571.7 M.
Summit |
Summit Materials Earnings per Share Projection vs Actual
About Summit Materials Earnings Estimate
The earnings estimate module is a useful tool to check what professional financial analysts are assuming about the future of Summit Materials earnings. We show available consensus EPS estimates for the upcoming years and quarters. Investors can also examine how these consensus opinions have evolved historically. We show current Summit Materials estimates, future projections, as well as estimates 1, 2, and three years ago. Investors can search for a specific entity to conduct investment planning and build diversified portfolios. Please note, earnings estimates provided by Macroaxis are the average expectations of expert analysts that we track. If a given stock such as Summit Materials fails to match professional earnings estimates, it usually performs purely. Wall Street refers to that as a 'negative surprise.' If a company 'beats' future estimates, it's usually called an 'upside surprise.'
Please read more on our stock advisor page.| Last Reported | Projected for Next Year | ||
| Retained Earnings | 876.8 M | 920.6 M | |
| Retained Earnings Total Equity | 679.5 M | 713.5 M | |
| Earnings Yield | 0.07 | 0.08 | |
| Price Earnings Ratio | 11.26 | 9.24 | |
| Price Earnings To Growth Ratio | 0.16 | 0.14 |
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Try AI Portfolio ArchitectCheck out World Market Map to better understand how to build diversified portfolios, which includes a position in Summit Materials. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment. To learn how to invest in Summit Stock, please use our How to Invest in Summit Materials guide.You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
Is Construction Materials space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Summit Materials. If investors know Summit will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Summit Materials listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.69) | Earnings Share 0.85 | Revenue Per Share 23.53 | Quarterly Revenue Growth 0.474 | Return On Assets 0.0464 |
The market value of Summit Materials is measured differently than its book value, which is the value of Summit that is recorded on the company's balance sheet. Investors also form their own opinion of Summit Materials' value that differs from its market value or its book value, called intrinsic value, which is Summit Materials' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Summit Materials' market value can be influenced by many factors that don't directly affect Summit Materials' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Summit Materials' value and its price as these two are different measures arrived at by different means. Investors typically determine if Summit Materials is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Summit Materials' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.