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 most optimistic price target was 48, which equates to a potential upside of 9.46 percent. The most pessimistic price target was 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. If we look at the last 90 days instead, we find a net average change of 2.08 percent in FY estimates.
Another thing investors often look at is the level of agreement among analysts' revisions. 2 analysts made positive revisions to their quarterly estimates over the past month, while 0 analysts made negative revisions. Also over the last month, 2 analysts increased their estimates for the FY earnings, compared to 0 analysts that revised their FY estimates downwards.
SSD has an estimated earnings growth rate of -5.19 percent as forecasted by analysts. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. A lower PEG ratio is favorable, as that can indicate whether the high price level of a stock is warranted by high growth. Wall Street investors typically prefer a PEG ratio to be smaller than 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 trailing 52-weeks, SSD hit 48.41 at the highest peak, while it's lowest trading point was 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 will post this quarters earnings in days, on 0000-00-00.