Summit Materials

Summit Materials is a holding company. Through its subsidiaries, the company is a construction materials company. The company produces and sells aggregates, cement, ready-mix concrete, asphalt paving mix and concrete products and owns and operates quarries, sand and gravel pits, cement plants, cement distribution terminals, ready-mix concrete plants, asphalt plants and landfill sites. The company is engaged in paving and related services. The company has operations in various states across the United States and in British Columbia, Canada. The company operates a municipal waste landfill in its East segment, and has construction and demolition debris landfills and liquid asphalt terminal operations in its West and East segments.
  • TickerSUM
  • ISINUS86614U1007
  • ExchangeNew York Stock Exchange
  • SectorConstruction & Materials
  • CountryUnited States
SUM Summit Material... (Construction & Materials)

Summit Materials Inc: 1 director

A director at Summit Materials Inc sold after exercising options/sold 255,000 shares at 34.330USD and the significance rating of the trade was 99/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly showing Close periods where trading activity is restricted unde...

Valens Research
  • Valens Research
SUM Summit Material... (Construction & Materials)

SUM - Embedded Expectations Analysis - 2019 10 28

Summit Materials, Inc. (SUM:USA) currently trades above recent averages relative to UAFRS-based (Uniform) Earnings with a 24.1x Uniform P/E, implying bullish expectations for the firm. However, management may be concerned about their pricing, cash balance, and competitive landscape. Specifically, management may lack confidence in their ability to sustain growth, Greenfield development, and net income growth attributable to Summit Inc. Furthermore, they may be concerned about pricing and margin trends across their LOBs. Finally, they may be concerned about their competitive environment, and th...

Kristoffer Inton
  • Kristoffer Inton
SUM Summit Material... (Construction & Materials)

Morningstar | Slow Start to Summit’s 2018, but Underlying Demand Loo...

Summit had a slightly slow start to 2019, but we think underlying demand remains strong. The first quarter tends to be the smallest contributor to the year given the seasonality of the business--it was only 1% of full-year 2018’s adjusted EBITDA. The company reported adjusted EBITDA of $6.6 million, 19% higher than the prior-year quarter. Results were driven by strong volume and pricing growth in aggregates and asphalt but held back by weakness in cement. Cement’s results were challenged by river flooding and extended maintenance shutdowns. Given the strong organic volume growth and the m...

Kristoffer Inton
  • Kristoffer Inton
SUM Summit Material... (Construction & Materials)

Morningstar | Slow Start to Summit’s 2018, but Underlying Demand Loo...

Summit had a slightly slow start to 2019, but we think underlying demand remains strong. The first quarter tends to be the smallest contributor to the year given the seasonality of the business--it was only 1% of full-year 2018’s adjusted EBITDA. The company reported adjusted EBITDA of $6.6 million, 19% higher than the prior-year quarter. Results were driven by strong volume and pricing growth in aggregates and asphalt but held back by weakness in cement. Cement’s results were challenged by river flooding and extended maintenance shutdowns. Given the strong organic volume growth and the m...

Kristoffer Inton
  • Kristoffer Inton
SUM Summit Material... (Construction & Materials)

Slow Start to Summit’s 2018, but Underlying Demand Looks Strong; Sha...

Summit had a slightly slow start to 2019, but we think underlying demand remains strong. The first quarter tends to be the smallest contributor to the year given the seasonality of the business--it was only 1% of full-year 2018’s adjusted EBITDA. The company reported adjusted EBITDA of $6.6 million, 19% higher than the prior-year quarter. Results were driven by strong volume and pricing growth in aggregates and asphalt but held back by weakness in cement. Cement’s results were challenged by rive...

SUM Summit Material... (Construction & Materials)

Summit Materials Inc: 1 director

A director at Summit Materials Inc sold after exercising options/sold 255,000 shares at 34.330USD and the significance rating of the trade was 99/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly showing Close periods where trading activity is restricted unde...

 PRESS RELEASE
SUM Summit Material... (Construction & Materials)

Summit Materials, Inc. Reports First Quarter 2018 Results

DENVER--(BUSINESS WIRE)-- Summit Materials, Inc. (NYSE: SUM, “Summit” or the “Company”), a leading vertically integrated construction materials company, today announced results for the first quarter 2018. For the three months ended March 31, 2018, the Company reported a basic loss per share of ($0.49) on a net loss attributable to Summit Inc. of ($53.7) million, compared to a basic loss per share of ($0.49) on a net loss attributable to Summit Inc. of ($52.4) million in the prior year period. On an adjusted basis, Summit repo...

 PRESS RELEASE
SUM Summit Material... (Construction & Materials)

Summit Materials Announces First Quarter 2018 Results Conference Call ...

DENVER--(BUSINESS WIRE)-- Summit Materials, Inc. (NYSE: SUM, “Summit” or the “Company”), a leading vertically integrated construction materials company, today announced that it will release first quarter 2018 financial results before the market opens on Tuesday, May 8, 2018. A conference call will be held that same day at 11:00 a.m. eastern time (9:00 a.m. mountain time) to review Summit’s financial results, discuss recent events and conduct a question-and-answer session. A webcast of the conference call and accompanying pres...

 PRESS RELEASE
SUM Summit Material... (Construction & Materials)

Summit Materials, Inc. Reports Fourth Quarter And Full-Year 2017 Resul...

DENVER--(BUSINESS WIRE)-- Summit Materials, Inc. (NYSE: SUM, “Summit” or the “Company”), a leading vertically integrated construction materials company, today announced results for the fourth quarter and full-year 2017. For the three months ended December 30, 2017, the Company reported diluted net income per share of $0.38 on net income of $43.0 million, compared to a diluted loss per share of ($0.00) on a net loss of ($0.3) million in the prior year period. On an adjusted diluted basis, the Company reported net income before...

 PRESS RELEASE
SUM Summit Material... (Construction & Materials)

Summit Materials Announces Fourth Quarter and Full-Year 2017 Results C...

DENVER--(BUSINESS WIRE)-- Summit Materials, Inc. (NYSE: SUM, “Summit” or the “Company”), a leading vertically integrated construction materials company, today announced that it will release fourth quarter and full-year 2017 financial results before the market opens on Wednesday, February 14, 2018. A conference call will be held that same day at 11:00 a.m. eastern time (9:00 a.m. mountain time) to review Summit’s financial results, discuss recent events and conduct a question-and-answer session. A webcast of the conference cal...

Valens Research
  • Valens Research
SUM Summit Material... (Construction & Materials)

SUM - Embedded Expectations Analysis - 2019 10 28

Summit Materials, Inc. (SUM:USA) currently trades above recent averages relative to UAFRS-based (Uniform) Earnings with a 24.1x Uniform P/E, implying bullish expectations for the firm. However, management may be concerned about their pricing, cash balance, and competitive landscape. Specifically, management may lack confidence in their ability to sustain growth, Greenfield development, and net income growth attributable to Summit Inc. Furthermore, they may be concerned about pricing and margin trends across their LOBs. Finally, they may be concerned about their competitive environment, and th...

Kristoffer Inton
  • Kristoffer Inton
SUM Summit Material... (Construction & Materials)

Morningstar | Slow Start to Summit’s 2018, but Underlying Demand Loo...

Summit had a slightly slow start to 2019, but we think underlying demand remains strong. The first quarter tends to be the smallest contributor to the year given the seasonality of the business--it was only 1% of full-year 2018’s adjusted EBITDA. The company reported adjusted EBITDA of $6.6 million, 19% higher than the prior-year quarter. Results were driven by strong volume and pricing growth in aggregates and asphalt but held back by weakness in cement. Cement’s results were challenged by river flooding and extended maintenance shutdowns. Given the strong organic volume growth and the m...

Kristoffer Inton
  • Kristoffer Inton
SUM Summit Material... (Construction & Materials)

Morningstar | Slow Start to Summit’s 2018, but Underlying Demand Loo...

Summit had a slightly slow start to 2019, but we think underlying demand remains strong. The first quarter tends to be the smallest contributor to the year given the seasonality of the business--it was only 1% of full-year 2018’s adjusted EBITDA. The company reported adjusted EBITDA of $6.6 million, 19% higher than the prior-year quarter. Results were driven by strong volume and pricing growth in aggregates and asphalt but held back by weakness in cement. Cement’s results were challenged by river flooding and extended maintenance shutdowns. Given the strong organic volume growth and the m...

Kristoffer Inton
  • Kristoffer Inton
SUM Summit Material... (Construction & Materials)

Slow Start to Summit’s 2018, but Underlying Demand Looks Strong; Sha...

Summit had a slightly slow start to 2019, but we think underlying demand remains strong. The first quarter tends to be the smallest contributor to the year given the seasonality of the business--it was only 1% of full-year 2018’s adjusted EBITDA. The company reported adjusted EBITDA of $6.6 million, 19% higher than the prior-year quarter. Results were driven by strong volume and pricing growth in aggregates and asphalt but held back by weakness in cement. Cement’s results were challenged by rive...

Valens Research
  • Valens Research
SUM Summit Material... (Construction & Materials)

SUM - Embedded Expectations Analysis - 2019 04 26

Summit Materials, Inc. (SUM:USA) currently trades near corporate averages relative to UAFRS-based (Uniform) Earnings with a 19.7x Uniform P/E, implying muted expectations for the firm. Meanwhile, management has concerns about market and weather trends, the likelihood of government infrastructure spending, and their ability to retain truck drivers. Specifically, management may be concerned about residential market trends, weather-related headwinds, and their ability to exceed comps. Also, they may be exaggerating the stability of Kansas's Highway Trust Fund, their Cement segment productivity, ...

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