Morgan Stanley Maintains Equal-Weight on Summit Materials, Raises Price Target to $32
Morgan Stanley analyst Courtney Yakavonis maintains Summit Materials (NYSE:SUM) with a Equal-Weight and raises the price target from $30 to $32.
Summit Materials’s Earnings: A Preview
Summit Materials (NYSE:SUM) is set to give its latest quarterly earnings report on Wednesday, 2022-11-02. Here's what investors need to know before the announcement.
Analysts estimate that Summit Materials will report an earnings per share (EPS) of $0.72.
6 Analysts Have This to Say About Summit Materials
Summit Materials (NYSE:SUM) has observed the following analyst ratings within the last quarter:
Recap: Summit Materials Q2 Earnings
Summit Materials (NYSE:SUM) reported its Q2 earnings results on Wednesday, August 3, 2022 at 04:15 PM.
Here's what investors need to know about the announcement.
Earnings
Summit Materials beat estimated earnings by 7.14%, reporting an EPS of $0.6 versus an estimate of $0.56.
Earnings Outlook For Summit Materials
Summit Materials (NYSE:SUM) is set to give its latest quarterly earnings report on Wednesday, 2022-08-03. Here's what investors need to know before the announcement.
Analysts estimate that Summit Materials will report an earnings per share (EPS) of $0.56.
DA Davidson Maintains Neutral on Summit Materials, Lowers Price Target to $26
DA Davidson analyst Brent Thielman maintains Summit Materials (NYSE:SUM) with a Neutral and lowers the price target from $33 to $26.
Where Summit Materials Stands With Analysts
Within the last quarter, Summit Materials (NYSE:SUM) has observed the following analyst ratings:
RBC Capital Updates Ratings On Homebuilders & Building Products Sector As Housing Demand Declines
RBC Capital analyst Mike Dahl further reduces estimates and price targets for Homebuilders & Building Products companies as housing demand declines.
The analyst expects further deterioration after the most recent jump in rates (+50 bps past 2 weeks and +270 bps YTD).
