Stocks Breaking Stillness on Analysts Estimates: Summit Materials (NYSE:SUM), CEMEX (NYSE:CX)

Summit Materials, Inc. (NYSE:SUM) [Trend Analysis] knocking active thrust in leading trading session, shares a loss of -1.85% to 23.32 with around 1.57 Million shares have changed hands in this session. Fundamentalist can give brighter side of a picture but an analyst can glow the darker parts stored in any investment. Let us view how analysts have ranked SUM in recent few months. In ratings table the SUM given BUY ratings by 8 analysts in current phase. The 0 number of analyst/s have SELL recommendation for current month on SUM. While 3 number of analysts gave ratings for HOLD in current. As per remarks given by WSJ, overall consensus pool recommend it as Overweight security.

The stock was assessed in terms of profitability as current quarter EPS estimate trends showed $0.28 at current month while compared with $0.32 in a month ago. The stock next year first quarter current estimate trend for EPS was for $-0.38 and on annual basis FY 2016 estimate trends at current was for $1.05 as compared to one month ago of $1.11, and for next year per share earnings estimates have $1.29.

The stock is going forward its fifty-two week low with 77.74% and lagging behind from its 52-week high price with -6.72%. Similar, the positive performance for the quarter recorded as 24.17% and for the year was 48.25%, while the YTD performance remained at -1.98%. SUM has Average True Range for 14 days of 0.64.

CEMEX, S.A.B. de C.V. (NYSE:CX) [Trend Analysis] retains strong position in active trade, as shares scoring 2.82% to $8.03 in active trade session, while looking at the shares volume, around 10.24 Million shares have changed hands in this session. The CX held a rough session during the week but was ready to get some critical analysis. The stock was assessed by a pool of analysts at WSJ and came out with some serious outcomes not to be avoided before making investment. The CX ratings chart showed that 8 gave HOLD ratings for the current month as 1 analyst opting for Overweight option for same period. For stocks’ current month, 12 analysts opted for BUY ratings. The stock price target chart showed average price target of 9.35 as compared to current price of 8.03.

Taking look on per share earnings estimates, its next year first quarter current estimate trend for EPS was for $0.04 and on annual basis FY 2016 estimate trends at current was for $0.40 as compared to one month ago of $0.41, and for next year per share earnings estimates have $0.43.

The firm has institutional ownership of 36.90%, while insider ownership included 60.00%. CX attains analyst recommendation of 2.30 with week’s performance of 0.88%. Investors looking further ahead will note that the Price to next year’s EPS is 14.82%.

 

About Richard Avery

He is a capital projects manager and process design engineer at a large-cap company. He has renowned MBA degree. Before joining SWR, he was a freelance writer for renounce tech websites. He is currently studying for CFP exam. Interests: Tech stocks, Economic Markets, Blue-chips.

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