Analyst Ratings for Simpson Manufacturing Co. (SSD)Updated: 2017-07-28
Simpson Manufacturing Co. (NYSE:SSD) was awarded an average rating of Hold from investment analysts following the stock. A consensus rating of Hold was previously issued for SSD last month.
A buy rating was issued by 0 analysts, 0 gave an overweight rating, 3 issued a hold rating, 0 issued an underweight rating, and 0 issued a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has decreased by 1. Meanwhile, the number of analysts pessimistic about the company has increased by 0.
SSD was given price targets by several analysts. The most optimistic price target was 48, implying a possible profit of 9.46 percent. The most pessimistic analyst gave a price target of 44, which equates to a potential downside of 0.34 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by them.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 3.64 percent. The average change in earnings estimates over the last 90 days is 0 percent. Over the past 30 days, FY earnings estimates have also changed upwards by 1.02 percent. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 2.08 percent.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 2 analysts have revised their quarterly estimates upwards in the past 30 days, while 0 analysts made negative revisions. During this time, 2 analysts made positive revisions in their estimates for this fiscal year's earnings, while 0 analysts decreased their estimates.
Analysts estimate earnings of SSD to grow at a rate of -5.19 percent. The PEG ratio of a stock is another value frequently studied by investors. Investors like to see smaller values for the PEG ratio, as that can indicate whether the high price level of a stock is warranted by high growth. People often look for the PEG ratio to be under 1, though it could be better to see where the ratio stands relative to peers in the industry. SSD has a PEG ratio of -4.12.
In the last 52-weeks, SSD has achieved a high of 48.41 and a low of 39.45. The current market price is above the trailing year's low by 11.15 percent, and 9.42 percent lower than its 52-week high. SSD has a P/E ratio of 21.39. Investors typically compare the P/E ratio to a company's peers in the industry. The SSD value stock report compares SSD to some of its peers using value stock charts. The market cap of SSD is $2.09 billion. SSD will post this quarters earnings in days, on 0000-00-00.