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Summit Materials Inc
NYSE:SUM

Watchlist Manager
Summit Materials Inc Logo
Summit Materials Inc
NYSE:SUM
Watchlist
Price: 44.39 USD 0.82% Market Closed
Updated: Mar 28, 2024

Wall Street
Price Targets

SUM Price Targets Summary
Summit Materials Inc

Wall Street analysts forecast SUM stock price to rise over the next 12 months.

According to Wall Street analysts, the average 1-year price target for SUM is 46.77 USD with a low forecast of 39.39 USD and a high forecast of 63 USD.

Lowest
Price Target
39.39 USD
11% Downside
Average
Price Target
46.77 USD
5% Upside
Highest
Price Target
63 USD
42% Upside

SUM Last Price Targets
Summit Materials Inc

The latest public price target was made on Mar 15, 2024 by Keith Hughes from Truist Financial , who expects SUM stock to rise by 13% over the next 12 months. You can read more about this price target by viewing the article on StreetInsider.

Analyst Price Target Date Article
Keith Hughes
Truist Financial
50 USD
Upside 13%
1 week ago
Mar 15, 2024
Summit Materials (SUM) PT Raised to $50 at Truist Securities, 'SUM Analyst Day Sees Raised Argos Synergy Target'
StreetInsider
Mike Dahl
RBC Capital
44 USD
Downside 1%
2 weeks ago
Mar 13, 2024
Summit Materials (SUM) PT Raised to $44 at RBC Capital Post Investor Day
StreetInsider
Keith Hughes
Truist Financial
Price Target 50 USD
Upside/Downside 13%
View Source
Mike Dahl
RBC Capital
Price Target 44 USD
Upside/Downside 1%
View Source
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Revenue
Forecast

Revenue Estimate
Summit Materials Inc

For the last 8 years the compound annual growth rate for Summit Materials Inc's revenue is 8%. The projected CAGR for the next 3 years is 24%.

8%
Past Growth
24%
Estimated Growth
Estimates Accuracy
4%
Average Beat

Operating Income
Forecast

Operating Income Estimate
Summit Materials Inc

For the last 8 years the compound annual growth rate for Summit Materials Inc's operating income is 9%. The projected CAGR for the next 3 years is 41%.

9%
Past Growth
41%
Estimated Growth
Estimates Accuracy
-1%
Average Miss

Net Income
Forecast

Net Income Estimate
Summit Materials Inc

For the last 8 years the compound annual growth rate for Summit Materials Inc's net income is 34%. The projected CAGR for the next 3 years is 18%.

34%
Past Growth
18%
Estimated Growth
Estimates Accuracy
-27%
Average Miss

See Also

Discover More
Why do you have more estimates than other sites?

Our estimates are sourced from the pool of sell-side and buy-side analysts that we have access to. What is available on other sites you are seeing are mostly from the sell-side analysts.

What is SUM's stock price target?
Price Target
46.77 USD

According to Wall Street analysts, the average 1-year price target for SUM is 46.77 USD with a low forecast of 39.39 USD and a high forecast of 63 USD.

What is Summit Materials Inc's Revenue forecast?
Projected CAGR
24%

For the last 8 years the compound annual growth rate for Summit Materials Inc's revenue is 8%. The projected CAGR for the next 3 years is 24%.

What is Summit Materials Inc's Operating Income forecast?
Projected CAGR
41%

For the last 8 years the compound annual growth rate for Summit Materials Inc's operating income is 9%. The projected CAGR for the next 3 years is 41%.

What is Summit Materials Inc's Net Income forecast?
Projected CAGR
18%

For the last 8 years the compound annual growth rate for Summit Materials Inc's net income is 34%. The projected CAGR for the next 3 years is 18%.