Simpson Manufacturing Company, which can be found using ticker (SSD) now have 4 market analysts covering the stock. The analyst consensus now points to a rating of ‘Buy’. The target price High/Low ranges between 137 and 120 calculating the average target price we see $129.25. Now with the previous closing price of $115.11 this would indicate that there is a potential upside of 12.3%. Also worth taking note is the 50 day moving average now sits at $107.80 while the 200 day moving average is $97.08. The total market capitalization for the company now stands at $4,831m. Company Website: https://www.simpsonmfg.com
The potential market cap would be $5,424m based on the market consensus.
Simpson Manufacturing Co., Inc., through its subsidiaries, designs, engineers, manufactures, and sells wood and concrete construction products. 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, remodeling, and do-it-yourself markets in the United States, Canada, France, the United Kingdom, Germany, Denmark, Switzerland, Portugal, Poland, the Netherlands, Belgium, Spain, Sweden, Norway, Australia, New Zealand, China, Taiwan, and Vietnam. The company was founded in 1956 and is headquartered in Pleasanton, California.
The company has a dividend yield of 0.92% with the ex dividend date set at 5-4-2023 (DMY).
Other points of data to note are a P/E ratio of 14.59, revenue per share of 49.3 and a 15.32% return on assets.
