Jefferies Starts Summit Materials (SUM) Coverage with $36.0000 Target; Winmark (WINA) Sentiment Is 1.29

April 17, 2018 - By Vivian Park

Summit Materials, Inc. (NYSE:SUM) Logo

Analysts at Jefferies started coverage on shares of Summit Materials (NYSE:SUM) in a analysts note revealed to investors and clients on Tuesday, 17 April. The company set a “Buy” rating on the $3.35 billion market cap company.

Winmark Corp (WINA) investors sentiment decreased to 1.29 in Q4 2017. It’s down -1.06, from 2.35 in 2017Q3. The ratio has worsened, as 36 hedge funds started new or increased positions, while 28 decreased and sold holdings in Winmark Corp. The hedge funds in our database now have: 1.50 million shares, up from 1.49 million shares in 2017Q3. Also, the number of hedge funds holding Winmark Corp in top ten positions was flat from 0 to 0 for the same number . Sold All: 9 Reduced: 19 Increased: 24 New Position: 12.

The stock increased 0.04% or $0.05 during the last trading session, reaching $131.6. About 44 shares traded. Winmark Corporation (WINA) has risen 14.28% since April 17, 2017 and is uptrending. It has outperformed by 2.73% the S&P500.

Winmark Corporation operates as a franchisor of 5 retail store concepts that buy, sell, trade, and consign merchandise primarily in the United States and Canada. The company has market cap of $506.60 million. The firm operates through two divisions, Franchising and Leasing. It has a 23.25 P/E ratio. The Company’s franchises retail stores operate under the PlatoÂ’s Closet, Once Upon A Child, Play It Again Sports, Music Go Round, and Style Encore brand names.

Qv Investors Inc. holds 1.79% of its portfolio in Winmark Corporation for 174,538 shares. Ativo Capital Management Llc owns 12,571 shares or 0.43% of their US portfolio. Moreover, White Pine Capital Llc has 0.24% invested in the company for 5,067 shares. The Alabama-based Stanley has invested 0.13% in the stock. Kayne Anderson Rudnick Investment Management Llc, a California-based fund reported 106,938 shares.

Analysts await Summit Materials, Inc. (NYSE:SUM) to report earnings on May, 2. They expect $-0.55 EPS, down 12.24% or $0.06 from last year’s $-0.49 per share. After $0.46 actual EPS reported by Summit Materials, Inc. for the previous quarter, Wall Street now forecasts -219.57% negative EPS growth.

Among 16 analysts covering Summit Materials (NYSE:SUM), 14 have Buy rating, 0 Sell and 2 Hold. Therefore 88% are positive. Summit Materials has $40.0 highest and $20 lowest target. $34.64’s average target is 18.31% above currents $29.28 stock price. Summit Materials had 39 analyst reports since August 17, 2015 according to SRatingsIntel. The stock of Summit Materials, Inc. (NYSE:SUM) earned “Outperform” rating by RBC Capital Markets on Wednesday, November 4. RBC Capital Markets maintained Summit Materials, Inc. (NYSE:SUM) rating on Wednesday, September 6. RBC Capital Markets has “Buy” rating and $35.0 target. RBC Capital Markets maintained the stock with “Buy” rating in Monday, June 19 report. On Thursday, August 4 the stock rating was maintained by Citigroup with “Buy”. The stock of Summit Materials, Inc. (NYSE:SUM) earned “Equal-Weight” rating by Barclays Capital on Tuesday, March 22. Citigroup maintained the shares of SUM in report on Thursday, January 25 with “Buy” rating. The company was upgraded on Friday, October 2 by Goldman Sachs. On Tuesday, November 14 the stock rating was maintained by RBC Capital Markets with “Buy”. The rating was downgraded by Bank of America to “Neutral” on Wednesday, November 16. The firm earned “Hold” rating on Tuesday, December 12 by Barclays Capital.

The stock increased 1.07% or $0.31 during the last trading session, reaching $29.28. About 515,266 shares traded. Summit Materials, Inc. (NYSE:SUM) has risen 30.65% since April 17, 2017 and is uptrending. It has outperformed by 19.10% the S&P500.

Summit Materials, Inc., together with its subsidiaries, produces and sells construction materials and related downstream products. The company has market cap of $3.35 billion. The Company’s products include aggregates, cement, ready-mixed concrete, asphalt paving mixes, and concrete products. It has a 26.38 P/E ratio. The firm also provides paving and related services to private and public infrastructure sectors.

Winmark Corporation (NASDAQ:WINA) Institutional Positions Chart

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