Analyst Scoreboard: 13 Ratings For Summit Materials
Portfolio Pulse from Benzinga Insights
In the past three months, 13 analysts have rated Summit Materials (NYSE:SUM), with a mix of bullish and somewhat bullish sentiments. The average 12-month price target has increased by 3.04% to $49.46. Analysts have adjusted their ratings and price targets, reflecting changing market dynamics and company performance. Summit Materials has shown a revenue growth rate of 4.73% but faces challenges with net margin, ROE, ROA, and a high debt-to-equity ratio.
November 01, 2024 | 7:00 pm
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Summit Materials has received mixed analyst ratings, with a slight increase in the average price target. The company shows positive revenue growth but faces challenges in profitability and debt management.
The article provides a detailed analysis of analyst ratings for Summit Materials, showing a mix of bullish sentiments and a slight increase in the average price target. However, the company's financial metrics such as net margin, ROE, and ROA lag behind industry averages, and it has a high debt-to-equity ratio. These mixed signals suggest a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100