Summit Material Impressive Shareholder Returns
Summit Materials' (NYSE:SUM) five-year earnings growth trails the impressive shareholder returns.
Summit Materials, Inc. stock is up an impressive 186% over the last five years. And in the last month, the share price has gained 16%.
A Diffe4rent Perspective
It's good to see that Summit Materials has rewarded shareholders with a total share holder return of 39% in the last twelve months. That's better than the annualised return of 23% over halfa decade, implying that the company is doing better recently. In the best case scenario, this may hint at some real business momentum, implying that now could be a great time to delve deeper. I find it very interesting to look at share price over the long term as a proxy for business performance.
Summit Materials, Inc. stock is up an impressive 186% over the last five years. And in the last month, the share price has gained 16%.
A Diffe4rent Perspective
It's good to see that Summit Materials has rewarded shareholders with a total share holder return of 39% in the last twelve months. That's better than the annualised return of 23% over halfa decade, implying that the company is doing better recently. In the best case scenario, this may hint at some real business momentum, implying that now could be a great time to delve deeper. I find it very interesting to look at share price over the long term as a proxy for business performance.
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