$50.86
0.21% today
NYSE, Nov 26, 05:17 pm CET
ISIN
US86614U1007
Symbol
SUM

Summit Materials Target price 2024 - Analyst rating & recommendation

Summit Materials Classifications & Recommendation:

Buy
75%
Hold
25%

Summit Materials Price Target

Target Price $54.89
Price $50.75
Potential
Number of Estimates 14
14 Analysts have issued a price target Summit Materials 2025 . The average Summit Materials target price is $54.89. This is higher than the current stock price. The highest price target is , the lowest is .
A rating was issued by 16 analysts: 12 Analysts recommend Summit Materials to buy, 4 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 4.03
8.58% 53.71%
EBITDA Margin 20.87% 24.30%
9.67% 16.43%
Net Margin 16.02% 5.61%
2.60% 64.99%

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
7.24% higher
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than the revenue of the last 12 months(TTM). The highest sales forecast is
$4.2b 10.93%
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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 53.71%
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2025
$4.3b 7.26%
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2026
$4.6b 5.91%
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15 Analysts have issued an Summit Materials EBITDA forecast 2024. The average Summit Materials EBITDA estimate is

$979m
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. This is
18.11% 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
$979m 78.99%
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2025
$1.1b 12.25%
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2026
$1.2b 9.43%
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EBITDA Margin

2023 20.87% 9.67%
2024
24.30% 16.43%
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2025
25.44% 4.69%
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2026
26.28% 3.30%
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7 Summit Materials Analysts have issued a net profit forecast 2024. The average Summit Materials net profit estimate is

$226m
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. This is
56.79% higher
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than the net profit for the last 12 months(TTM). The highest net profit forecast is
$299m 107.32%
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, the lowest is
$198m 37.81%
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.

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

Net Profit Estimates

2023 $420m 5.75%
2024
$226m 46.20%
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2025
$359m 59.00%
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2026
$451m 25.71%
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Net Margin

2023 16.02% 2.60%
2024
5.61% 64.99%
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2025
8.31% 48.13%
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2026
9.87% 18.77%
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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 1.29
5.75% 46.03%
P/E 39.47
EV/Sales 2.75

7 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

$1.29
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. This is
57.32% 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
$1.70 107.32%
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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
$1.29 46.03%
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2025
$2.04 58.14%
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2026
$2.57 25.98%
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P/E ratio

Current 61.56 360.78%
2024
39.47 35.88%
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2025
24.83 37.09%
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2026
19.75 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 34.09%
2024
2.75 6.63%
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2025
2.57 6.77%
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2026
2.42 5.58%
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P/S ratio

Current 2.37 42.95%
2024
2.21 6.75%
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2025
2.06 6.77%
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2026
1.95 5.58%
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