Stock To Watch: Simpson Manufacturing Company, Inc. (NYSE:SSD)


The leading market experts have placed a mean price target of $43.00 on Simpson Manufacturing Company, Inc. (NYSE:SSD) stock. This price level, which is estimated to be attained in one-year, indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $0.33 a share for the upcoming quarter and $1.74 for the current fiscal.

Technical View

The technical analysis of Simpson Manufacturing Company, plainly substantiates that the 50-day moving average of Simpson Manufacturing Company, is $41.23, and stock is trading $2.00 points away or +4.84% from its 50-day moving average of $41.23. Further it is trading $4.90 or +12.79% away its 200-day moving average of $38.33. Simpson Manufacturing Company, Inc. (NYSE:SSD) 52-week high is $43.28 and the 52-week low is $30.25.

This explains if the stock moves $-0.05, it will post a 52-week high. In event of +42.91% decline, a 52-week low will be hit.

Taking the valuation aspect to emphasize the valuation of Simpson Manufacturing Company, , shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, Simpson Manufacturing Company, Inc. (NYSE:SSD) ratio came in at 26.69.

The stock last ended the trading session at $43.23 and registered a market cap of $2.09B. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. Simpson Manufacturing Company, Inc. (NYSE:SSD) PEG ratio is at 1.51.

1 Chart Pattern Every Investor Should Know

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