$50.57
0.02% today
NYSE, Dec 30, 09:46 pm CET
ISIN
US86614U1007
Symbol
SUM

Summit Materials Target price 2024 - Analyst rating & recommendation

Summit Materials Classifications & Recommendation:

Buy
31%
Hold
69%

Summit Materials Price Target

Target Price $53.21
Price $50.56
Potential
Number of Estimates 12
12 Analysts have issued a price target Summit Materials 2025 . The average Summit Materials target price is $53.21. This is higher than the current stock price. The highest price target is , the lowest is .
A rating was issued by 16 analysts: 5 Analysts recommend Summit Materials to buy, 11 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 Hold.

Sales and Margin forecast 2024, 2025 & 2026

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Quarter Annually
Dec '23 2024
Estimates
Revenue Billion $ 2.62 4.01
8.58% 53.23%
EBITDA Margin 20.87% 24.38%
9.67% 16.81%
Net Margin 16.02% 5.32%
2.60% 66.80%

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
6.91% higher
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than the revenue of the last 12 months(TTM). The highest sales forecast is
$4.2b 10.89%
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, the lowest is
$3.9b 4.48%
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.

This results in the following potential growth metrics:

Revenue Estimates

2023 $2.6b 8.58%
2024
$4.0b 53.23%
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2025
$4.3b 7.27%
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2026
$4.6b 6.23%
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15 Analysts have issued an Summit Materials EBITDA forecast 2024. The average Summit Materials EBITDA estimate is

$978m
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. This is
18.10% higher
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than the EBITDA of the last 12 months(TTM). The highest EBITDA forecast is
$996m 20.22%
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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
$978m 78.97%
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2025
$1.1b 12.24%
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2026
$1.2b 9.45%
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EBITDA Margin

2023 20.87% 9.67%
2024
24.38% 16.81%
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2025
25.51% 4.63%
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2026
26.28% 3.02%
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6 Summit Materials Analysts have issued a net profit forecast 2024. The average Summit Materials net profit estimate is

$214m
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. This is
48.33% higher
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than the net profit for the last 12 months(TTM). The highest net profit forecast is
$221m 53.66%
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, the lowest is
$198m 37.57%
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.

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

Net Profit Estimates

2023 $420m 5.75%
2024
$214m 49.11%
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2025
$359m 68.07%
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2026
$451m 25.74%
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Net Margin

2023 16.02% 2.60%
2024
5.32% 66.80%
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2025
8.34% 56.77%
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2026
9.87% 18.35%
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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 1.22
5.75% 48.95%
P/E 41.57
EV/Sales 2.76

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

$1.22
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. This is
48.78% 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
$1.26 53.66%
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, the lowest is
$1.13 37.80%
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.

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

Earnings Per Share

2023 $2.39 5.75%
2024
$1.22 48.95%
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2025
$2.04 67.21%
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2026
$2.57 25.98%
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P/E ratio

Current 61.33 311.06%
2024
41.57 32.22%
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2025
24.73 40.51%
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2026
19.67 20.46%
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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 2.95 22.92%
2024
2.76 6.58%
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2025
2.57 6.77%
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2026
2.42 5.86%
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P/S ratio

Current 2.37 27.60%
2024
2.21 6.46%
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2025
2.06 6.77%
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2026
1.94 5.86%
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