$46.57
2.63% today
NYSE, Nov 04, 09:16 pm CET
ISIN
US86614U1007
Symbol
SUM

Summit Materials Target price 2024 - Analyst rating & recommendation

Summit Materials Classifications & Recommendation:

Buy
88%
Hold
12%

Summit Materials Price Target

Target Price $52.13
Price $47.83
Potential
Number of Estimates 15
15 Analysts have issued a price target Summit Materials 2025 . The average Summit Materials target price is $52.13. This is higher than the current stock price. The highest price target is , the lowest is .
A rating was issued by 17 analysts: 15 Analysts recommend Summit Materials to buy, 2 to hold and 0 to sell.
Analysts don't have a crystal ball either, but they do represent the opinion of the market quite well. You should not take the price potential and the ratings as a recommendation to act. Rather, they serve as an additional building block for your own opinion or stock analysis.
Analyst Estimates: Analysts believe that the Summit Materials stock has an average upside potential 2025 of . Most analysts recommend the Summit Materials stock at Purchase.

Sales and Margin forecast 2024, 2025 & 2026

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Quarter Annually
Dec '23 2024
Estimates
Revenue Billion $ 2.62 4.04
8.58% 54.07%
EBITDA Margin 20.87% 24.04%
9.67% 15.19%
Net Margin 16.02% 5.45%
2.60% 65.98%

14 Analysts have issued a sales forecast Summit Materials 2024 . The average Summit Materials sales estimate is

$4.0b
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. This is
7.49% higher
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than the revenue of the last 12 months(TTM). The highest sales forecast is
$4.4b 16.06%
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, the lowest is
$3.9b 4.41%
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.

This results in the following potential growth metrics:

Revenue Estimates

2023 $2.6b 8.58%
2024
$4.0b 54.07%
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2025
$4.3b 6.75%
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2026
$4.6b 5.75%
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15 Analysts have issued an Summit Materials EBITDA forecast 2024. The average Summit Materials EBITDA estimate is

$970m
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. This is
17.13% higher
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than the EBITDA of the last 12 months(TTM). The highest EBITDA forecast is
$997m 20.34%
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, the lowest is
$942m 13.68%
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.

This results in the following potential growth metrics and future EBITDA Margins:

EBITDA Estimates

2023 $547m 19.07%
2024
$970m 77.49%
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2025
$1.1b 13.56%
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2026
$1.2b 8.49%
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EBITDA Margin

2023 20.87% 9.67%
2024
24.04% 15.19%
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2025
25.58% 6.41%
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2026
26.24% 2.58%
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6 Summit Materials Analysts have issued a net profit forecast 2024. The average Summit Materials net profit estimate is

$220m
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. This is
52.85% higher
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than the net profit for the last 12 months(TTM). The highest net profit forecast is
$263m 82.93%
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, the lowest is
$204m 41.47%
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.

This results in the following potential growth metrics and future Net Margins:

Net Profit Estimates

2023 $420m 5.75%
2024
$220m 47.56%
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2025
$380m 72.80%
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2026
$478m 25.67%
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Net Margin

2023 16.02% 2.60%
2024
5.45% 65.98%
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2025
8.83% 62.02%
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2026
10.49% 18.80%
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Earnings per share, P/E ratio and EV/sales Estimates 2024, 2025 & 2026

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Quarter Annually
Dec '23 2024
Estimates
Earnings Per Share $ 2.39 1.25
5.75% 47.70%
P/E 38.16
EV/Sales 2.62

6 Analysts have issued a Summit Materials forecast for earnings per share. The average Summit Materials <a href=https://blog.stocksguide.com/knowledge/eps-simply-explained>EPS is

$1.25
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. This is
52.44% higher
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than earnings per share in the financial year 2023. The highest <a href=https://blog.stocksguide.com/knowledge/eps-simply-explained>EPS forecast is
$1.50 82.93%
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, the lowest is
$1.16 41.46%
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.

This results in the following potential growth metrics and future valuations:

Earnings Per Share

2023 $2.39 5.75%
2024
$1.25 47.70%
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2025
$2.17 73.60%
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2026
$2.72 25.35%
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P/E ratio

Current 58.02 159.71%
2024
38.16 34.23%
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2025
22.08 42.14%
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2026
17.57 20.43%
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Based on analysts' sales estimates for 2024, the Summit Materials stock is valued at an <a href=https://blog.stocksguide.com/knowledge/enterprise-value-sales-simply-explained>EV/Sales of

and an <a href=https://blog.stocksguide.com/knowledge/price-sales-ratio-simply-explained>P/S ratio of .

This results in the following potential growth metrics and future valuations:

EV/Sales

Current 2.82 37.56%
2024
2.62 7.07%
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2025
2.46 6.32%
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2026
2.32 5.43%
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P/S ratio

Current 2.24 47.50%
2024
2.08 6.97%
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2025
1.95 6.32%
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2026
1.84 5.43%
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