Looking at top Wall Street opinions, Summit Materials, Inc. (NYSE: SUM) has recently made its way into the research list of Stifel – signaling that their analyst’s rating adjustment is noteworthy. This stock was Reiterated to a rating of Buy in the eyes of Stifel, as reported on Friday, August 3rd, 2018. Another heavy-hitting research note was published by Jefferies on Tuesday April 17th, 2018, with this firm Initiated SUM to an updated rating of Buy. In the past six months and three months of trading, shares of Summit Materials, Inc. (SUM) have moved by -25.89% and 8.05%, respectively.
Brokerage Updates Related to Summit Materials, Inc. (SUM) Stock
This publicly-traded organization generated losses of -2.88% over the last 5 sessions. Right now, this stock is the subject of 14 analysts’ evaluations, who – on average – have given this company’s shares a Strong Buy rating. Not a Single analyst have given underperform rating or sell rating, and 8 have given a rating of Buy or better. Based on the 14 stock market experts following this company, the average 12-month price target is $19.64. Moreover, individual price targets range between $15.00-$23.00. With its recent move to $20.00, we can see that these firms project this stock will loss by -44.50% in one year.
Updates from Summit Materials, Inc. (SUM) SEC Form 4
This particular company’s shares have garnered a lot of attention in recent days, as insiders are unloading their holdings while having generated a 0.10% rise since the beginning of the calendar year. A EVP & Chief Financial Officer at Summit Materials, Inc. (SUM) bought some of its shares in a transaction that was finalized on Dec 10. Similarly, Harris Brian James bought 2,000 shares of the organization’s stock at $13.38 apiece and racked up $26,760 in earnings from the purchase. Now, Harris Brian James holds 74,584 shares of the company following the exchange. A See Remarks of the organization named Beck Thomas A., was engaged in a transaction that occurred on Nov 19 that managed to be worth $139,700 from the purchase of 10,000 common shares at a price of $13.97 per individual share.
Summit Materials, Inc. (NYSE:SUM) Results in the Pipeline
The next scheduled release of financial results for Summit Materials, Inc. will be for the Dec-18 quarter. As it stands right now, market analysts are anticipating the per-share earnings for the three-month period will be $0.08. In the same vein, they expect sales for the quarter to amount to $454.64 million.
Now let’s turn to earnings surprise history: in the most recent quarter, the company reported about $445.09 million in revenue alongside EPS at -$0.16. On average, the analyst projection was calling for $625.02 million with $0.54 per share in earnings, respectively. In the preceding quarter, this company’s revenue reached $549.23 million, with earnings per share ending up at $0.32.
Digital Realty Trust, Inc. (NYSE:DLR) experienced a gain of 0.81% from the closing price in the previous trading day. That boost the price to $113.23 per share, as observed on February 11th, 2019, at a time when the total trading volume reached 1,748,757 shares of stock – compared to the typical average of 1.45M shares per day (as recorded over the past three months). The consensus estimate for these shares has been shifted to $124.90.
Pricing Indications for Digital Realty Trust, Inc. (DLR)
This organization has had a price-to-earnings ratio of 93.66 in the last year. In the most recent trading session, the daily high was $114.46, bringing the per-share value 0.81% high its 52-week high and about -9.49% more expensive than its 52-week low. Meanwhile, it gained 108.69 from its observable 50-day simple moving average. Right at this moment, the per-share value is 1.03% higher than the mean per-share price over the last 200 days in the market.
Digital Realty Trust, Inc. (NYSE:DLR) In-Depth Brokerage Insights
We can see that a number of brokerage firms are putting their focus onto this stock. Out of this group, 0 have a sell rating, 7 have a Buy rating, 7 have an outperform rating, while 8 provided a Hold rating for these shares – thanks to data from Thomson Reuters I/B/E/S. Additionally, 0 have recommended that these shares are an Underperforming investment. The current consensus recommendation is at 2.00, based on information from Thomson Reuters.
DLR Stock Value Potential
In trading activity as of late, this stock’s value was 112.13 up from its 200 day moving average, while also 4.21% up when compared against its 50-day simple moving average. Over the course of the past year of trading, the share price stuck in the range of $114.00-$140.00. The market value for the entire organization reached 22.90B. After the trading day started off at the price of $113.23, these shares nearly bottomed out at its low price of $112.04 and nearly peaked at $114.46 as its full-day high price. In the last trading session, the price ended the day at $112.32. The institutional holdings related to this organization account for 0.05%, and the Beta factor is now 0.51. This company’s RSI (Relative Strength Index) managed to hit 61.35.
Digital Realty Trust, Inc. (NYSE:DLR) Analyst Points of Focus
Digital Realty Trust, Inc. (DLR) has found itself inside of Jefferies’s research list, so their analyst rating adjustment is worth taking note of. This stock was upgraded to Buy, compared to its previous rating of Hold by Jefferies, as garnered from a news report on Monday December 10th, 2018. An additional helpful research note was sent out by Guggenheim’s on Monday October 22nd, 2018. The brokerage decided to upgrade DLR to Buy from its previous rating of Neutral.