Stock Rating Downgrade
Reflecting eroding fundamentals and low Appreciation Potential, the Value Trend Rating for Summit Materials Inc (NYSE: SUM) weakened during the last several trading days. SUM’s current Value Trend Rating is C and the prior Rating was B. Details supporting this lower rating are included in our next report.
Recent Price Action
On 1/10/25, Summit Materials Inc (NYSE: SUM) stock rose slightly by 0.02%, closing at $52.05. This advance was accompanied by normal trading volume. Relative to the market the stock has been exceptionally strong over the last nine months and has risen 2.9% during the last week.
Current PriceTarget Research Rating
Summit Materials has a current Value Trend Rating of C (High Neutral). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. Summit Materials has a neutral Appreciation Score of 46 but a good Power Rating of 77, and the High Neutral Value Trend Rating results.
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