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Is this Large Market Cap Stock target price reasonable for Summit Materials, Inc. (NYSE:SUM)?

The company in question is, Summit Materials, Inc. (NYSE:SUM) currently with a stock price of 18.98 (0.00% today). The market cap for Summit Materials, Inc. is 2827.64, and is in the sector Industrial Goods, and General Building Materials industry. The target price for Summit Materials, Inc. is 6.29. Currently Summit Materials, Inc. is trading with a P/E of 31.27, and a forward P/E of 11.69. Average volume for Summit Materials, Inc. is 1288.71 and so far today it is 272248.

Performance in the last year for Summit Materials, Inc. has been -9.58%. For EPS growth, Summit Materials, Inc. has seen a growth of 403.10%, and is looking to grow in the next year to 34.47%. More long term stats show that EPS growth has been -5.76% over the last five years and could be 11.00% for the next five years. Summit Materials, Inc. has seen sales growth quarter over quarter at 22.00%, with EPS growth quarter over quarter at 697.00%. The 20-day simple moving average is -1.83%, with the 200-day simple moving average coming to -2.10%.

Since the IPO date for Summit Materials, Inc. on the 03/12/2015, Summit Materials, Inc. has seen performance year to date to be -5.29%. With Summit Materials, Inc. trading at 18.98, the dividend yield is *TBA, and the EPS is 0.61.

So could Summit Materials, Inc., be undervalued? Well as said before P/E is 31.27. The PEG is 2.84, P/S is 1.83 and the P/B is at 1.71. The P/cash is 307.35, with P/free cash flow at 20.48.

Summit Materials, Inc. ability to deal with debt shows that the current ratio is 1.7, and the quick ratio is 1. This is with long term debt/equity at 2.22, and total debt/equity at 2.27.

In terms of margins, Summit Materials, Inc. has a gross margin of 32.40%, an operating margin of 8.30% and a profit margin of 2.00%.Payout ratio for Summit Materials, Inc. is 0.00%. Return on assets come to 1.20% with return on investment coming to 4.20%.

Insider ownership for Summit Materials, Inc., is at 0.10% and institutional ownership comes to 90.80%. Outstanding shares are at 148.98. While shares float is 75.35. The float short is currently 8.59%, and short ratio is 5.02.

Disclaimer: Remember there is a risk to your investment, this is not a recommendation, nor personal advice, never invest more than you are able too loose.

About the author

Mark Hines

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