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.

Investment analysts gave a few price targets for SSD. The highest price target was 48, which equates to a potential upside of 9.46 percent. The minimum price target given was 44, implying a possible loss of 0.34 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some 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. On the other hand, earnings estimates for the fiscal year have been revised upwards by 1.02 percent, as compared to a month ago. 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, which can be compared to the 0 analysts that decreased their estimates. During this time, 2 analysts made positive revisions in their estimates for this fiscal year's earnings, compared to 0 analysts that revised their FY estimates downwards.

Analysts estimate earnings of SSD to grow at a rate of -5.19 percent. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. 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, although it is frequently more appropriate to compare PEG ratios to the company's peers. The PEG ratio of SSD is -4.12.

In the last 52-weeks, SSD has achieved a high of 48.41 and a low of 39.45. Currently the stock is 11.15 percent higher than its low, and 9.42 percent lower than its 52-week high. 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 market cap of SSD is $2.09 billion. SSD's next earnings release will be on 0000-00-00, which is days away.