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 maximum price target given was 48, which equates to a potential upside of 9.46 percent. The most pessimistic analyst gave a price target of 44, implying potential capital losses of 0.34 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.
Analysts have revised their earnings estimates upwards for this quarter, by about 3.64 percent on average, compared to last month. That number becomes 0 percent if we expand the time horizon to include the past 3 months instead of just one. 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 made positive revisions to their quarterly estimates over the past month, while 0 analysts revised their estimates downwards. During this time, 2 analysts made positive revisions in their estimates for this fiscal year's earnings, while 0 analysts made negative revisions to their fiscal year's estimates.
The growth rate of SSD's earnings is estimated by analysts to be -5.19 percent. The PEG ratio of a stock is another value frequently studied by investors. Smaller PEG ratios are desirable, because people typically see that as an indicator of higher growth relative to stock price. Many investors consider PEG ratios between 0 and 1 as preferrable, but many choose to perform ratio comparisons with other companies in the industry. SSD has a PEG ratio of -4.12.
In the trailing 52-weeks, SSD hit 48.41 at the highest peak, while it's lowest trading point was 39.45. The current market price is above the trailing year's low by 11.15 percent, and below the high by 9.42 percent. SSD has a price/earnings 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 stock has a market capitalization of $2.09 billion. SSD will post this quarters earnings in days, on 0000-00-00.