Grupo Simec (SIM) Stock Price, News & Analysis

Company Overview

Grupo Simec, S.A.B. de C.V. manufactures, processes, and distributes special bar quality (SBQ) steel and steel alloys products in Mexico, the United States, Brazil, Canada, Latin America, and internationally. The company produces I-beams, channels, structural and commercial angles, hot rolled bars, flat bars, rebars, cold-finished bars, electro-welded wire mesh and mesh panels, and wire rods, as well as semi-finished tube rounds and other semi-finished trade products. Its SBQ products are used across a range of engineered end-user applications, including axles, hubs, and crankshafts for automobiles and light trucks, machine tools, and off-highway equipment; and structural steel products are used in the non-residential construction market and other construction applications. The company also exports its steel products to Central and South America, and Europe. The company was founded in 1934 and is headquartered in Guadalajara, Mexico. Grupo Simec, S.A.B. de C.V. is a subsidiary of Industrias CH, S.A.B. de C.V.

Key Stats

• Today's Range: $26.52 to $26.52
• 50-Day Range: N/A
• 52-Week Range: $25.00 to $34.00
• Volume: 1,842 shs
• Average Volume: 1,101 shs
• Market Capitalization: $4.09 billion
• P/E Ratio: 7.85
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

Grupo Simec Stock Analysis - MarketRank™

Grupo Simec scored higher than 12% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for Grupo Simec.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Grupo Simec is 7.85, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 113.42.

Price to Earnings Ratio vs. Sector

The P/E ratio of Grupo Simec is 7.85, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 112.65.

Price to Book Value per Share Ratio

Grupo Simec has a P/B Ratio of 1.45. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

0.00% of the outstanding shares of Grupo Simec have been sold short.

Short Interest Ratio / Days to Cover

Grupo Simec has a short interest ratio ("days to cover") of 1, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Grupo Simec has recently increased by 100.00%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Grupo Simec does not currently pay a dividend.

Dividend Growth

Grupo Simec does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

0.00% of the outstanding shares of Grupo Simec have been sold short.

Short Interest Ratio / Days to Cover

Grupo Simec has a short interest ratio ("days to cover") of 1, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Grupo Simec has recently increased by 100.00%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 2.1 / 5
• News Sentiment: N/A

News Sentiment

Grupo Simec has a news sentiment score of 0.71. 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 0.48 average news sentiment score of Basic Materials companies.

News Coverage This Week

MarketBeat has tracked 1 news article for Grupo Simec this week, compared to 1 article on an average week.

Search Interest

Only 1 people have searched for SIM on MarketBeat in the last 30 days. This is a decrease of -67% compared to the previous 30 days.

Company Ownership

• Score: 0.0 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Grupo Simec insiders have not sold or bought any company stock.

Percentage Held by Institutions

Only 0.17% of the stock of Grupo Simec is held by institutions.

SIM Stock Analysis - Frequently Asked Questions

How have SIM shares performed this year?

Grupo Simec's stock was trading at $30.78 on January 1st, 2024. Since then, SIM shares have decreased by 13.8% and is now trading at $26.52.
View the best growth stocks for 2024 here.

How were Grupo Simec's earnings last quarter?

Grupo Simec, S.A.B. de C.V. (NYSEAMERICAN:SIM) announced its quarterly earnings results on Tuesday, October, 29th. The basic materials company reported $1.00 earnings per share (EPS) for the quarter. The basic materials company earned $452.15 million during the quarter. Grupo Simec had a net margin of 29.44% and a trailing twelve-month return on equity of 18.62%.

How do I buy shares of Grupo Simec?

Shares of SIM 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.

What other stocks do shareholders of Grupo Simec own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Grupo Simec investors own include Ford Motor (F), Salesforce (CRM), Emeren Group (SOL), Taylor Morrison Home (TMHC), Robinhood Markets (HOOD), Huntsman (HUN) and Intel (INTC).

Company Calendar

• Last Earnings: 10/29/2024
• Today: 12/21/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NYSEAMERICAN
• Sector: Basic Materials
• Industry: Blast furnaces & steel mills
• Sub-Industry: N/A
• Current Symbol: NYSEAMERICAN:SIM
• CUSIP: N/A
• CIK: 887153
• Web: www.gsimec.com.mx
• Phone: 523337706700
• Fax: 52-33-3770-6710
• Employees: 4,260
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): $3.38
• Trailing P/E Ratio: 7.85
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $241.98 million
• Net Margins: 29.44%
• Pretax Margin: 29.48%
• Return on Equity: 18.62%
• Return on Assets: 14.05%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 3.72
• Quick Ratio: 2.85

Sales & Book Value

• Annual Sales: $2.33 billion
• Price / Sales: 1.76
• Cash Flow: $2.30 per share
• Price / Cash Flow: 11.53
• Book Value: $18.27 per share
• Price / Book: 1.45

Miscellaneous

• Outstanding Shares: 154,040,000
• Free Float: N/A
• Market Cap: $4.09 billion
• Optionable: Not Optionable
• Beta: 0.31