J.P. Morgan analyst Adrian Huerta maintains $Summit Materials (SUM.US)$ with a buy rating, and adjusts the target price from $47 to $43.
According to TipRanks data, the analyst has a success rate of 53.6% and a total average return of 17.3% over the past year.
Furthermore, according to the comprehensive report, the opinions of $Summit Materials (SUM.US)$'s main analysts recently are as follows:
Valuations in the construction materials sector are perceived as somewhat inflated due to moderated growth projections. The absence of immediate catalysts, coupled with expectations of a weak third quarter, suggests there could be additional declines as fair multiples recalibrate to align with historical norms. It is suggested that investors may find more favorable opportunities to enter the market in the future.
The building products sector is facing near-term challenges, including adverse weather conditions and a slowdown in housing starts, which may result in volatile stock performance around earnings announcements. Despite these headwinds, there is optimism for the year 2025 as interest rates are expected to decrease. It is anticipated that companies that have not performed as well, including those specializing in construction materials and building solutions, could experience a surge in their stock prices following their earnings releases.
Note:
TipRanks, an independent third party, provides analysis data from financial analysts and calculates the Average Returns and Success Rates of the analysts' recommendations. The information presented is not an investment recommendation and is intended for informational purposes only.
Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.
TipRanks provides a ranking of each analyst up to 5 stars, which is representative of all recommendations from the analyst. An analyst's past performance is evaluated on a scale of 1 to 5 stars, with more stars indicating better performance. The star level is determined by his/her total success rate and average return.
摩根大通分析師Adrian Huerta維持$Summit Materials (SUM.US)$買入評級，並將目標價從47美元下調至43美元。
根據TipRanks數據顯示，該分析師近一年總勝率為53.6%，總平均回報率為17.3%。
此外，綜合報道，$Summit Materials (SUM.US)$近期主要分析師觀點如下：
由於增長預測放緩，建築材料行業的估值被認爲有所誇大。缺乏直接催化劑，加上對第三季度表現疲軟的預期，表明隨着公平倍數的調整以符合歷史規範，可能會進一步下跌。有人認爲，投資者將來可能會找到更有利的進入市場的機會。
建築產品行業面臨短期挑戰，包括惡劣的天氣條件和房屋開工放緩，這可能導致股市在業績公告前後表現波動。儘管存在這些不利因素，但由於預計利率將下降，人們對2025年持樂觀態度。預計表現不佳的公司，包括專門從事建築材料和建築解決方案的公司，在發佈業績後，其股價可能會飆升。
提示:
TipRanks為獨立第三方，提供金融分析師的分析數據，並計算分析師推薦的平均回報率和勝率。提供的信息並非投資建議，僅供参考。本文不對評級數據和報告的完整性與準確性做出認可、聲明或保證。
TipRanks提供每位分析師的星級，分析師星級代表分析師所有推薦的過往表現，通過分析師的總勝率和平均回報率综合計算得出，星星越多，則該分析師過往表現越優異，最高爲5颗星。
分析師總勝率為近一年分析師的評級成功次數占總評級次數的比率。評级的成功與否，取決於TipRanks的虚擬投資組合是否從該股票中產生正回報。
總平均回報率為基於分析師的初始評級創建虚擬投資組合，並根據評級變化對組合進行調整，在近一年中該投資組合所獲得的回報率。
