Reviewing Summit Materials (NYSE:SUM) & American Battery Technology (NASDAQ:ABAT)

American Battery Technology (NASDAQ:ABATGet Free Report) and Summit Materials (NYSE:SUMGet Free Report) are both computer and technology companies, but which is the better stock? We will contrast the two companies based on the strength of their analyst recommendations, earnings, institutional ownership, dividends, risk, profitability and valuation.

Institutional & Insider Ownership

9.9% of American Battery Technology shares are held by institutional investors. 4.0% of American Battery Technology shares are held by insiders. Comparatively, 0.6% of Summit Materials shares are held by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock is poised for long-term growth.

Analyst Ratings

This is a breakdown of recent ratings and recommmendations for American Battery Technology and Summit Materials, as provided by MarketBeat.com.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
American Battery Technology 0 0 1 0 3.00
Summit Materials 0 3 9 0 2.75

American Battery Technology currently has a consensus price target of $6.00, suggesting a potential upside of 500.00%. Summit Materials has a consensus price target of $47.73, suggesting a potential upside of 26.23%. Given American Battery Technology’s stronger consensus rating and higher possible upside, research analysts plainly believe American Battery Technology is more favorable than Summit Materials.

Earnings & Valuation

This table compares American Battery Technology and Summit Materials”s top-line revenue, earnings per share and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
American Battery Technology $343,500.00 170.59 N/A N/A N/A
Summit Materials $2.62 billion 2.53 $289.63 million $2.24 16.88

Summit Materials has higher revenue and earnings than American Battery Technology.

Profitability

This table compares American Battery Technology and Summit Materials’ net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
American Battery Technology N/A -60.82% -45.45%
Summit Materials 8.06% 7.00% 3.55%

About American Battery Technology

(Get Free Report)

American Battery Technology Company operates as a battery materials company. The company explores for resources of battery metals, such as such as lithium, nickel, cobalt, and manganese; and develops and commercializes technologies for the extraction of battery metals, as well as commercializes integrated process for the recycling of lithium-ion batteries. The company was formerly known as American Battery Metals Corporation. American Battery Technology Company was incorporated in 2011 and is headquartered in Reno, Nevada.

About Summit Materials

(Get Free Report)

Summit Materials, Inc. operates as a vertically integrated construction materials company in the United States and Canada. It operates in three segments: West, East, and Cement. The company offers aggregates, cement, ready-mix concrete, asphalt paving mixes, and concrete products, as well as plastics components. It also provides asphalt paving and related services. In addition, the company operates municipal waste, construction, and demolition debris landfills; and liquid asphalt terminals. The company serves the public infrastructure, and residential and nonresidential end markets. Summit Materials, Inc. was founded in 2009 and is headquartered in Denver, Colorado.

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