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NYSE:SSD

Simpson Manufacturing (SSD) Stock Price, News & Analysis

Simpson Manufacturing logo
$179.14 +0.25 (+0.14%)
(As of 11/20/2024 ET)

About Simpson Manufacturing Stock (NYSE:SSD)

Key Stats

Today's Range
$177.12
$179.83
50-Day Range
$174.49
$195.15
52-Week Range
$156.92
$218.38
Volume
149,536 shs
Average Volume
278,602 shs
Market Capitalization
$7.55 billion
P/E Ratio
23.66
Dividend Yield
0.63%
Price Target
$218.00
Consensus Rating
Buy

Company Overview

Simpson Manufacturing Co., Inc., through its subsidiaries, designs, engineers, manufactures, and sells structural solutions for wood, concrete, and steel connections. The company offers wood construction products, including connectors, truss plates, fastening systems, fasteners and shearwalls, and pre-fabricated lateral systems for use in light-frame construction; and concrete construction products comprising adhesives, specialty chemicals, mechanical anchors, carbide drill bits, powder actuated tools, fiber-reinforced materials, and other repair products for use in concrete, masonry, and steel construction, as well as grouts, coatings, sealers, mortars, fiberglass and fiber-reinforced polymer systems, and asphalt products for use in concrete construction repair, and strengthening and protection products. It also provides connectors and lateral products for wood framing, timber and offsite construction, structural steel construction, and cold-formed steel applications; and mechanical and adhesive anchors for concrete and masonry construction applications. In addition, the company offers engineering and design services, as well as software solutions that facilitate the specification, selection, and use of its products. It markets its products to the residential construction, light industrial and commercial construction, infrastructure construction, remodeling, and do-it-yourself markets in the United States, Canada, France, the United Kingdom, Germany, Denmark, Switzerland, Portugal, Poland, the Netherlands, Belgium, Spain, Italy, Romania, Sweden, Norway, Australia, New Zealand, China, Taiwan, and Vietnam. The company was founded in 1956 and is headquartered in Pleasanton, California.

Simpson Manufacturing Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
73rd Percentile Overall Score

SSD MarketRank™: 

Simpson Manufacturing scored higher than 73% of companies evaluated by MarketBeat, and ranked 57th out of 102 stocks in the construction sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Simpson Manufacturing has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Simpson Manufacturing has only been the subject of 1 research reports in the past 90 days.

  • Read more about Simpson Manufacturing's stock forecast and price target.
  • Earnings Growth

    Earnings for Simpson Manufacturing are expected to grow by 11.13% in the coming year, from $7.55 to $8.39 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Simpson Manufacturing is 23.66, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 131.22.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Simpson Manufacturing is 23.66, which means that it is trading at a less expensive P/E ratio than the Construction sector average P/E ratio of about 29.78.

  • Price to Book Value per Share Ratio

    Simpson Manufacturing has a P/B Ratio of 4.55. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Read more about Simpson Manufacturing's valuation and earnings.
  • Percentage of Shares Shorted

    2.43% of the float of Simpson Manufacturing has been sold short.
  • Short Interest Ratio / Days to Cover

    Simpson Manufacturing has a short interest ratio ("days to cover") of 4.7.
  • Change versus previous month

    Short interest in Simpson Manufacturing has recently increased by 8.12%, indicating that investor sentiment is decreasing significantly.
  • Dividend Yield

    Simpson Manufacturing has a dividend yield of 0.61%, which is in the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    Simpson Manufacturing does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of Simpson Manufacturing is 14.80%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Dividend Sustainability

    Based on earnings estimates, Simpson Manufacturing will have a dividend payout ratio of 13.35% next year. This indicates that Simpson Manufacturing will be able to sustain or increase its dividend.

  • Read more about Simpson Manufacturing's dividend.
  • Percentage of Shares Shorted

    2.43% of the float of Simpson Manufacturing has been sold short.
  • Short Interest Ratio / Days to Cover

    Simpson Manufacturing has a short interest ratio ("days to cover") of 4.7.
  • Change versus previous month

    Short interest in Simpson Manufacturing has recently increased by 8.12%, indicating that investor sentiment is decreasing significantly.
  • News Sentiment

    Simpson Manufacturing has a news sentiment score of 1.37. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.82 average news sentiment score of Construction companies.
  • News Coverage This Week

    MarketBeat has tracked 7 news articles for Simpson Manufacturing this week, compared to 5 articles on an average week.
  • Search Interest

    Only 1 people have searched for SSD on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.
  • MarketBeat Follows

    1 people have added Simpson Manufacturing to their MarketBeat watchlist in the last 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Simpson Manufacturing insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $1,658,259.00 in company stock.

  • Percentage Held by Insiders

    Only 0.42% of the stock of Simpson Manufacturing is held by insiders.

  • Percentage Held by Institutions

    93.68% of the stock of Simpson Manufacturing is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Simpson Manufacturing's insider trading history.
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SSD Stock News Headlines

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SSD Stock Analysis - Frequently Asked Questions

Simpson Manufacturing's stock was trading at $197.98 at the beginning of the year. Since then, SSD stock has decreased by 9.5% and is now trading at $179.14.
View the best growth stocks for 2024 here
.

Simpson Manufacturing Co., Inc. (NYSE:SSD) announced its quarterly earnings data on Monday, October, 21st. The construction company reported $2.21 earnings per share for the quarter, missing the consensus estimate of $2.40 by $0.19. The firm's revenue for the quarter was up 1.2% on a year-over-year basis.

Top institutional shareholders of Simpson Manufacturing include FMR LLC (4.06%), Conestoga Capital Advisors LLC (3.37%), Baker Avenue Asset Management LP (3.17%) and State Street Corp (2.98%). Insiders that own company stock include Roger Dankel, Michael Olosky, Brian J Magstadt, Jennifer Chatman, Karen Winifred Colonias, Michael Andersen, Philip E Donaldson, Kevin Lee Swartzendruber, Phillip Burton, Jennifer Lutz and James S Andrasick.
View institutional ownership trends
.

Shares of SSD stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that Simpson Manufacturing investors own include NVIDIA (NVDA), Meta Platforms (META), Advanced Micro Devices (AMD), Netflix (NFLX), Tesla (TSLA), JPMorgan Chase & Co. (JPM) and Visa (V).

Company Calendar

Ex-Dividend for 10/24 Dividend
10/03/2024
Last Earnings
10/21/2024
Dividend Payable
10/24/2024
Today
11/21/2024
Fiscal Year End
12/31/2024
Next Earnings (Estimated)
2/03/2025

Industry, Sector and Symbol

Industry
Cutlery, handtools, & general hardware
Sub-Industry
Building Products
CUSIP
82907310
Employees
5,497
Year Founded
1956

Price Target and Rating

Average Stock Price Target
$218.00
High Stock Price Target
$218.00
Low Stock Price Target
$218.00
Potential Upside/Downside
+21.7%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
$353.99 million
Pretax Margin
19.49%

Debt

Sales & Book Value

Annual Sales
$2.22 billion
Cash Flow
$9.98 per share
Book Value
$39.36 per share

Miscellaneous

Free Float
41,987,000
Market Cap
$7.55 billion
Optionable
Optionable
Beta
1.32

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This page (NYSE:SSD) was last updated on 11/21/2024 by MarketBeat.com Staff
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