Summit Materials Stock Price History
| SUM Stock | USD 50.94 0.15 0.29% |
Below is the normalized historical share price chart for Summit Materials extending back to March 12, 2015. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Summit Materials stands at 50.94, as last reported on the 30th of November, with the highest price reaching 51.19 and the lowest price hitting 50.94 during the day.
If you're considering investing in Summit Stock, it is important to understand the factors that can impact its price. Summit Materials appears to be very steady, given 3 months investment horizon. Summit Materials owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.23, which indicates the firm had a 0.23% return per unit of risk over the last 3 months. By inspecting Summit Materials' technical indicators, you can evaluate if the expected return of 0.5% is justified by implied risk. Please review Summit Materials' Semi Deviation of 1.66, coefficient of variation of 535.34, and Risk Adjusted Performance of 0.1494 to confirm if our risk estimates are consistent with your expectations.
At this time, Summit Materials' Other Stockholder Equity is very stable compared to the past year. As of the 30th of November 2024, Capital Stock is likely to grow to about 1.3 M, while Total Stockholder Equity is likely to drop about 1.3 B. . As of the 30th of November 2024, Price To Sales Ratio is likely to drop to 0.82. In addition to that, Price Earnings Ratio is likely to drop to 9.24. Summit Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 12th of March 2015 | 200 Day MA 40.5921 | 50 Day MA 43.7598 | Beta 1.142 |
Summit |
Sharpe Ratio = 0.2332
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | SUM | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 2.13 actual daily | 18 82% of assets are more volatile |
Expected Return
| 0.5 actual daily | 9 91% of assets have higher returns |
Risk-Adjusted Return
| 0.23 actual daily | 18 82% of assets perform better |
Based on monthly moving average Summit Materials is performing at about 18% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Summit Materials by adding it to a well-diversified portfolio.
Price Book 2.0176 | Enterprise Value Ebitda 13.6401 | Price Sales 2.3895 | Shares Float 119.8 M | Wall Street Target Price 52.0954 |
Summit Materials Stock Price History Chart
There are several ways to analyze Summit Stock price data. The simplest method is using a basic Summit candlestick price chart, which shows Summit Materials price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
| Highest Price | November 22, 2024 | 51.66 |
| Lowest Price | September 9, 2024 | 35.65 |
Summit Materials November 30, 2024 Stock Price Synopsis
Various analyses of Summit Materials' daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Summit Stock. It can be used to describe the percentage change in the price of Summit Materials from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Summit Stock.| Summit Materials Price Rate Of Daily Change | 1.00 | |
| Summit Materials Price Daily Balance Of Power | (0.60) | |
| Summit Materials Price Action Indicator | (0.20) | |
| Summit Materials Accumulation Distribution | 8,088 |
Summit Materials November 30, 2024 Stock Price Analysis
Summit Stock Price History Data
The price series of Summit Materials for the period between Sun, Sep 1, 2024 and Sat, Nov 30, 2024 has a statistical range of 16.01 with a coefficient of variation of 12.44. The price distribution for the period has arithmetic mean of 42.5. The median price for the last 90 days is 40.3. The company completed stock split (1017:1000) on 14th of December 2022.| Open | High | Low | Close | Volume | ||
| 11/29/2024 | 51.16 | 51.19 | 50.94 | 50.94 | 1,656,201 | |
| 11/27/2024 | 50.90 | 51.14 | 50.85 | 51.09 | 5,738,270 | |
| 11/26/2024 | 50.75 | 50.90 | 50.72 | 50.85 | 13,200,079 | |
| 11/25/2024 | 50.75 | 50.90 | 50.67 | 50.75 | 35,127,820 | |
| 11/22/2024 | 51.45 | 51.76 | 50.85 | 51.66 | 2,052,241 | |
| 11/21/2024 | 48.66 | 53.49 | 48.21 | 51.16 | 4,709,775 | |
| 11/20/2024 | 48.36 | 48.61 | 47.94 | 48.40 | 753,949 | |
| 11/19/2024 | 47.91 | 48.65 | 47.66 | 48.39 | 489,806 | |
| 11/18/2024 | 48.39 | 49.00 | 48.04 | 48.52 | 618,296 | |
| 11/15/2024 | 48.52 | 48.80 | 47.89 | 48.43 | 1,085,651 | |
| 11/14/2024 | 49.00 | 49.30 | 48.01 | 48.53 | 836,470 | |
| 11/13/2024 | 49.18 | 49.49 | 48.47 | 48.68 | 3,489,250 | |
| 11/12/2024 | 50.10 | 50.26 | 48.92 | 48.99 | 1,126,896 | |
| 11/11/2024 | 51.15 | 51.16 | 50.04 | 50.10 | 862,849 | |
| 11/08/2024 | 49.86 | 50.79 | 49.06 | 50.41 | 1,092,959 | |
| 11/07/2024 | 50.92 | 50.92 | 49.69 | 49.81 | 1,281,165 | |
| 11/06/2024 | 50.81 | 51.74 | 49.04 | 51.00 | 2,271,931 | |
| 11/05/2024 | 46.51 | 47.59 | 46.33 | 47.42 | 1,928,149 | |
| 11/04/2024 | 47.65 | 47.80 | 46.56 | 46.70 | 1,605,605 | |
| 11/01/2024 | 47.88 | 48.22 | 47.18 | 47.83 | 1,387,720 | |
| 10/31/2024 | 47.58 | 48.17 | 46.69 | 47.41 | 2,319,625 | |
| 10/30/2024 | 45.76 | 46.98 | 45.44 | 46.42 | 1,470,250 | |
| 10/29/2024 | 45.88 | 46.16 | 45.32 | 46.01 | 1,636,982 | |
| 10/28/2024 | 45.40 | 46.40 | 45.05 | 45.63 | 3,253,008 | |
| 10/25/2024 | 45.61 | 46.20 | 44.74 | 45.10 | 4,311,160 | |
| 10/24/2024 | 40.72 | 46.03 | 40.34 | 43.29 | 5,201,144 | |
| 10/23/2024 | 39.88 | 40.93 | 39.88 | 40.62 | 1,864,255 | |
| 10/22/2024 | 41.14 | 41.25 | 40.26 | 40.30 | 2,074,964 | |
| 10/21/2024 | 42.10 | 42.24 | 41.24 | 41.43 | 1,809,973 | |
| 10/18/2024 | 41.78 | 42.65 | 41.49 | 42.28 | 1,340,421 | |
| 10/17/2024 | 40.75 | 41.95 | 40.43 | 41.75 | 2,264,416 | |
| 10/16/2024 | 39.74 | 40.71 | 39.65 | 40.65 | 1,049,188 | |
| 10/15/2024 | 38.96 | 40.35 | 38.77 | 39.54 | 1,245,666 | |
| 10/14/2024 | 38.54 | 39.00 | 38.33 | 38.89 | 863,788 | |
| 10/11/2024 | 37.84 | 38.71 | 37.79 | 38.59 | 887,527 | |
| 10/10/2024 | 37.15 | 37.86 | 36.83 | 37.79 | 1,239,388 | |
| 10/09/2024 | 36.69 | 38.09 | 36.63 | 37.94 | 1,287,961 | |
| 10/08/2024 | 37.20 | 37.53 | 36.49 | 36.83 | 974,189 | |
| 10/07/2024 | 36.52 | 37.09 | 36.23 | 36.83 | 556,716 | |
| 10/04/2024 | 37.61 | 37.61 | 36.64 | 37.06 | 703,970 | |
| 10/03/2024 | 37.09 | 37.25 | 36.44 | 37.06 | 777,694 | |
| 10/02/2024 | 37.95 | 37.99 | 37.17 | 37.30 | 846,118 | |
| 10/01/2024 | 38.75 | 38.99 | 37.74 | 37.82 | 1,334,831 | |
| 09/30/2024 | 38.40 | 39.10 | 38.28 | 39.03 | 938,758 | |
| 09/27/2024 | 39.36 | 39.61 | 38.38 | 38.71 | 846,019 | |
| 09/26/2024 | 39.19 | 40.10 | 39.03 | 39.21 | 807,354 | |
| 09/25/2024 | 38.74 | 39.01 | 38.39 | 38.59 | 719,786 | |
| 09/24/2024 | 39.22 | 39.34 | 38.48 | 38.57 | 837,179 | |
| 09/23/2024 | 39.41 | 39.96 | 38.57 | 38.98 | 1,239,557 | |
| 09/20/2024 | 40.18 | 40.38 | 39.32 | 39.36 | 1,974,102 | |
| 09/19/2024 | 40.54 | 40.61 | 39.39 | 40.28 | 910,860 | |
| 09/18/2024 | 39.34 | 40.28 | 38.71 | 39.15 | 888,709 | |
| 09/17/2024 | 38.56 | 39.49 | 38.32 | 39.10 | 1,055,761 | |
| 09/16/2024 | 38.08 | 38.55 | 37.73 | 38.37 | 877,754 | |
| 09/13/2024 | 38.38 | 38.93 | 37.64 | 37.71 | 965,581 | |
| 09/12/2024 | 36.29 | 37.73 | 35.97 | 37.54 | 883,979 | |
| 09/11/2024 | 35.88 | 36.17 | 34.80 | 36.08 | 665,710 | |
| 09/10/2024 | 35.93 | 36.28 | 35.64 | 36.19 | 558,318 | |
| 09/09/2024 | 35.95 | 36.47 | 35.60 | 35.65 | 847,881 | |
| 09/06/2024 | 36.63 | 37.55 | 35.89 | 35.92 | 1,062,175 | |
| 09/05/2024 | 36.82 | 37.19 | 36.28 | 36.51 | 620,341 |
About Summit Materials Stock history
Summit Materials investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Summit is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Summit Materials will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Summit Materials stock prices may prove useful in developing a viable investing in Summit Materials
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 119.8 M | 91.5 M | |
| Net Income Applicable To Common Shares | 313 M | 328.6 M |
Summit Materials Quarterly Net Working Capital |
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Summit Materials Stock Technical Analysis
Summit Materials technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
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Summit Materials Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Summit Materials' price direction in advance. Along with the technical and fundamental analysis of Summit Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Summit to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.1494 | |||
| Jensen Alpha | 0.2201 | |||
| Total Risk Alpha | 0.0353 | |||
| Sortino Ratio | 0.141 | |||
| Treynor Ratio | 0.2712 |
| Cycle Indicators | ||
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| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Summit Materials. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment. To learn how to invest in Summit Stock, please use our How to Invest in Summit Materials guide.You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
Is Construction Materials space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Summit Materials. If investors know Summit will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Summit Materials listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.69) | Earnings Share 0.85 | Revenue Per Share 23.53 | Quarterly Revenue Growth 0.474 | Return On Assets 0.0464 |
The market value of Summit Materials is measured differently than its book value, which is the value of Summit that is recorded on the company's balance sheet. Investors also form their own opinion of Summit Materials' value that differs from its market value or its book value, called intrinsic value, which is Summit Materials' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Summit Materials' market value can be influenced by many factors that don't directly affect Summit Materials' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Summit Materials' value and its price as these two are different measures arrived at by different means. Investors typically determine if Summit Materials is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Summit Materials' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.