Witnessing the stock’s movement on the chart, on Wednesday, Summit Materials Inc (NYSE: SUM) set off with pace as it heaved 0.89% to $46.42, before settling in for the price of $46.01 at the close. Taking a more long-term approach, SUM posted a 52-week range of $31.67-$46.40.
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The Basic Materials Sector giants’ yearly sales growth during the last 5-year period was 4.55%. Meanwhile, its Annual Earning per share during the time was 51.73%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 0.32%. This publicly-traded company’s shares outstanding now amounts to $119.53 million, simultaneously with a float of $119.52 million. The organization now has a market capitalization sitting at $8.15 billion. At the time of writing, stock’s 50-day Moving Average stood at $39.33, while the 200-day Moving Average is $39.33.
Summit Materials Inc (SUM) Ownership Facts and Figures
Nothing is more important than checking the behaviour of major investors towards the stock of the Building Materials industry. Summit Materials Inc’s current insider ownership accounts for 31.93%, in contrast to 69.73% institutional ownership. Preceding that transaction, on May 13 ’24, Company’s insider sold 50,589 for 40.21, making the whole transaction’s value amount to 2,033,951. This particular insider is now the holder of 60,630 in total.
Summit Materials Inc (SUM) Earnings and Revenue Records
Summit Materials Inc’s EPS increase for this current 12-month fiscal period is 0.32% and is forecasted to reach 2.12 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 15.10% through the next 5 years, which can be compared against the 51.73% growth it accomplished over the previous five years trading on the market.
Summit Materials Inc (NYSE: SUM) Trading Performance Indicators
Let’s observe the current performance indicators for Summit Materials Inc (SUM). It’s Quick Ratio in the last reported quarter now stands at 2.01. The Stock has managed to achieve an average true range (ATR) of 1.51. Alongside those numbers, its PE Ratio stands at $21.60, and its Beta score is 1.17. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 2.41. Similarly, its price to free cash flow for trailing twelve months is now 60.21.
In the same vein, SUM’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 2.15, a figure that is expected to reach 0.36 in the next quarter, and analysts are predicting that it will be 2.12 at the market close of one year from today.
Technical Analysis of Summit Materials Inc (SUM)
Going through the that latest performance of [Summit Materials Inc, SUM]. Its last 5-days volume of 3.18 million indicated improvement to the volume of 1.04 million it revealed a year ago. During the previous 9 days, stock’s Stochastic %D was recorded 91.60% While, its Average True Range was 1.62.
Raw Stochastic average of Summit Materials Inc (SUM) in the period of the previous 100 days is set at 95.50%, which indicates a major rise in contrast to 93.96% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 33.30% that was lower than 36.14% volatility it exhibited in the past 100-days period.
