B. Riley Securities Reaffirms Buy Rating for Suncrete, Inc.
B. Riley Securities maintains its buy rating on Suncrete, Inc. with a $26 price target, a 24.58% upside from the current price.
Key Points
- B. Riley Securities reiterated its buy rating for Suncrete, Inc. (RMIX) on June 24, 2026, with a price target of $26.
- B. Riley Securities's $26 price target implies 24.58% upside from Suncrete, Inc.'s ($RMIX) current $20.87 share price.
- Suncrete's stock traded around $21.19 on Friday, with a market cap of approximately $1.56 billion and a P/E ratio of 54.8.
- Analysts including Baird and Roth Capital have also initiated buy ratings, with price targets ranging from $19 to $26.
Important disclosure: Podchat is not a registered investment adviser, broker-dealer, or financial planner. This article is for informational and educational purposes only and is not a recommendation to buy, sell, or hold any security. Content may be generated by automated systems using public filings, market data, and third-party sources, and may contain errors or omissions. Investing involves risk, including possible loss of principal. Past performance, insider activity, analyst ratings, price targets, sentiment scores, and hypothetical or backtested results are not guarantees of future performance. Please do your own research and consult a qualified professional before making investment decisions.
B. Riley Securities reiterated its buy rating on Suncrete, Inc. (NasdaqGM: RMIX) on June 24, 2026. The firm set a price target of $26 for the building materials company, affirming its positive outlook.
B. Riley Securities vs. the S&P 500
Hypothetical, simulated performance of disclosed positions vs. the S&P 500. Not realized profit and not investment advice. Past performance does not indicate future results. Details.
Suncrete, Inc. Stock Up 19.3%
Shares of NasdaqGM:RMIX traded near $21.19 on Friday. Suncrete has a market cap of about $1.56 billion and a P/E ratio of 54.8. The stock has traded between $9.20 and $25.50 over the past year, with a 50-day moving average of $17.40 and a 200-day moving average of $16.58. The company's current ratio stands at 1.001, while its quick ratio is 0.745, and it has a debt-to-equity ratio of 142.009.
$RMIX price target
Past daily closes and this analyst's 12-month price target. Not investment advice.
Recent Earnings
Suncrete, Inc. reported revenue of approximately $194.9 million, reflecting a growth rate of 38.6%. The company posted an earnings per share (EPS) of $0.39, with a net margin of 1.013% and a return on equity (ROE) of 1.491%. The next earnings report is expected on May 15, 2026.
Analysts Set New Price Targets
On June 24, 2026, B. Riley Securities reiterated its buy rating for Suncrete, Inc. with a $26 price target. Other analysts have also shown interest in the company. Baird initiated coverage with a buy rating and a $21 target on May 28, 2026. Roth Capital also initiated a buy rating with a $21 target on May 14, 2026. Jefferies started coverage with a buy rating and a $19 target on May 1, 2026. The consensus among six analysts is a strong buy, with an average target price of $23.
About Suncrete, Inc.
Suncrete, Inc. is a provider of ready-mix concrete logistics and distribution services, primarily serving construction markets in the U.S. Sunbelt region. Based in Tulsa, Oklahoma, the company operates batching plants and a tech-enabled mixer truck dispatch and logistics platform. It serves public infrastructure, commercial, and residential sectors under the leadership of CEO Randall Edgar.
Bottom Line
B. Riley Securities' reaffirmation of its buy rating for Suncrete, Inc. underscores confidence in the company's prospects. The stock's recent trading levels and analyst targets suggest continued interest in its performance. Investors often track these ratings for insights, but remember that 13F filings and analyst opinions are backward-looking and may not reflect the current market situation.
Get Suncrete, Inc. alerts
New 13F filings, insider trades, and analyst moves on $RMIX, sent to your inbox. Free, and you can unsubscribe anytime.
This instant news alert was generated by automated narrative technology and financial data from Podchat and public regulatory filings. It is for informational purposes only and is not financial advice.