Stocks to Watch For: Summit Materials, Inc. (NYSE:SUM), Communications Sales & Leasing, Inc. (NASDAQ:CSAL)

stock overview

Summit Materials, Inc. (NYSE:SUM)

The company announced its last quarter financial performance results on 11/02/2016. Summit Materials, Inc. (NYSE:SUM) belongs to Construction sector that surged 3.25% in value when last trading session closed at $24.77. The company has a market capitalization of $2.46 Billion. The company’s stock has a Return on Assets (ROA) of 2.3 percent, a Return on Equity (ROE) of 9 percent and Return on Investment (ROI) of 4.2 percent. The company reached its 52-Week high of $24.81 on Nov 14, 2016 and 52-Week low of $13.12 on Feb 9, 2016.

Earnings per share (ttm) for Summit Materials, Inc. (NYSE:SUM) according to Finviz Data is $0.84.

This company was Downgrade by Goldman on 11-Oct-16  to Neutral.

The 9 analysts offering 12-month price forecasts for Summit Materials Inc have a median target of 24.00, with a high estimate of 30.00 and a low estimate of 21.00. The median estimate represents a -3.11% decrease from the last price of 24.77.

Financial History for Summit Materials, Inc. (NYSE:SUM):

Following Earnings result, share price were UP 4 times out of last 6 Qtrs. In the last 27 earnings reports, the company has topped earnings-per-share estimates 71% percent of times. It has met expectations  2  times and missed earnings  0 times.

The consensus recommendation for Summit Materials, Inc. (NYSE:SUM) is 1.2. The rating scale runs from 1 to 5 with 5 indicating a Strong Sell, 1 indicating a Strong Buy and 3 indicating a Hold. The consensus recommendation 30 days ago for this company stood at 1.2. In comparison, the consensus recommendation 60 days ago was at 1.2, and 90 days ago was at 1.2 respectively.

Future Expectations for Summit Materials, Inc. (NYSE:SUM):

When the current quarter ends, Wall Street expects Summit Materials, Inc. to have earnings per share of $0.34.

Revenue is expected to range from 361 Million to 406.9 Million with an average of 395.89 Million.

Company Profile:

Summit Materials, Inc., through its subsidiaries, produces and sells construction materials and related downstream products. Its products include crushed stone, construction sand and gravel, cement and ready-mixed concrete, asphalt paving mixes, granite and trap rock, and limestone and concrete products. The company also provides paving and related services to the construction industry. In addition, it operates municipal waste, construction, and demolition debris landfills; and liquid asphalt terminal operations. Summit Materials, Inc. was founded in 2009 and is headquartered in Denver, Colorado.

Communications Sales & Leasing, Inc. (NASDAQ:CSAL):

Communications Sales & Leasing, Inc. (NASDAQ:CSAL) belongs to Finance sector closed its last session with a loss of -4.88 percent and closed its previous trading session at $24.34. According to Finviz reported data, the stock currently has Earnings per Share (EPS) (ttm) of $0.14. The company has the Market capitalization of $3.97 Billion. The company’s stock has a Return on Assets (ROA) of 0.8 percent, a Return on Equity (ROE) of -1.7 percent and Return on Investment (ROI) of 8.8 percent. The company reached its 52-Week high of $32.73 on Sep 26, 2016 and 52-Week low of $15.13 on Feb 12, 2016.

This company was Upgrade by Raymond James on 2-Nov-16 to Strong Buy.

The 8 analysts offering 12-month price forecasts for Communications Sales & Leasing Inc have a median target of 34.00, with a high estimate of 36.00 and a low estimate of 29.00. The median estimate represents a +39.69% increase from the last price of 24.34.

Financial History for Communications Sales & Leasing, Inc. (NASDAQ:CSAL):

Following Earnings result, share price were UP 4 times out of last 5 Qtrs. In the last 27 earnings reports, the company has topped earnings-per-share estimates 40% percent of times. It has met expectations  1  times and missed earnings  2  times.

The consensus recommendation for Communications Sales & Leasing, Inc. (NASDAQ:CSAL) is 1.2. The rating scale runs from 1 to 5 with 5 indicating a Strong Sell, 1 indicating a Strong Buy and 3 indicating a Hold. The consensus recommendation 30 days ago for this company stood at 1.5. In comparison, the consensus recommendation 60 days ago was at 1.67, and 90 days ago was at 1.67 respectively.

Future Expectations for Communications Sales & Leasing, Inc. (NASDAQ:CSAL):

When the current quarter ends, Wall Street expects Communications Sales & Leasing, Inc. to have earnings per share of $0.62.

Revenue is expected to range from 194 Million to 209.68 Million with an average of 205.14 Million.