Summit Materials (NYSE:SUM) will announce its earnings results before the market opens on Tuesday, February 20th. Analysts expect the company to announce earnings of $0.27 per share for the quarter.
Shares of Summit Materials (NYSE SUM) opened at $29.15 on Tuesday. The firm has a market cap of $3,320.00 and a PE ratio of 42.87. Summit Materials has a 1 year low of $21.88 and a 1 year high of $34.06. The company has a debt-to-equity ratio of 1.48, a current ratio of 2.59 and a quick ratio of 2.01.
In related news, EVP Damian John Murphy sold 115,118 shares of the business’s stock in a transaction dated Monday, December 11th. The shares were sold at an average price of $31.75, for a total transaction of $3,654,996.50. Following the completion of the sale, the executive vice president now owns 66,440 shares of the company’s stock, valued at approximately $2,109,470. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO Thomas W. Hill sold 6,300 shares of the business’s stock in a transaction dated Monday, January 22nd. The shares were sold at an average price of $31.04, for a total transaction of $195,552.00. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 196,418 shares of company stock valued at $6,131,924. Insiders own 1.97% of the company’s stock.
Summit Materials Company Profile
Summit Materials, Inc is a construction materials company. The Company operates through three segments: West, East and Cement. As of December 31, 2016, the Company had operations in 21 states in the United States and in British Columbia, Canada. The Company’s materials include aggregates, which it supplies across the United States, and in British Columbia, Canada, and cement, which it supplies along the Mississippi River from Minneapolis to New Orleans.
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