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 analyst gave a price target of 48, implying a possible profit of 9.46 percent. The most pessimistic price target was 44, implying a possible loss of 0.34 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.
In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average 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. If we look at the last 90 days instead, we find a net average change of 2.08 percent in FY estimates.
People are often interested in whether analysts were united in the direction of their revisions. 2 analysts have revised their quarterly estimates upwards in the past 30 days, which can be compared to the 0 analysts that decreased their estimates. Also over the last month, 2 analysts increased their estimates for the FY 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. Another measure frequently examined by investors is the PEG ratio. 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 9.42 percent below the 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 stock has a market capitalization of $2.09 billion. SSD's next earnings release will be on 0000-00-00, which is days away.