Simpson Manufacturing Co., Inc (NYSE: SSD) is -11.11% lower on its value in year-to-date trading and has touched a low of $137.35 and a high of $197.82 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The SSD stock was last observed hovering at around $146.31 in the last trading session, with the day’s gains setting it 1.09%.
Currently trading at $147.40, the stock is -3.09% and -7.61% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.14 million and changing 0.74% at the moment leaves the stock -15.38% off its SMA200. SSD registered -20.20% loss for a year compared to 6-month loss of -23.75%. The firm has a 50-day simple moving average (SMA 50) of $159.5354 and a 200-day simple moving average (SMA200) of $174.19945.
The stock witnessed a -7.57% gain in the last 1 month and extending the period to 3 months gives it a -11.74%, and is -0.29% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.10% over the week and 3.85% over the month.
Simpson Manufacturing Co., Inc (SSD) has around 5872 employees, a market worth around $6.19B and $2.23B in sales. Current P/E ratio is 19.40 and Fwd P/E is 16.63. Profit margin for the company is 14.44%. Distance from 52-week low is 7.32% and -25.49% from its 52-week high. The company has generated returns on investments over the last 12 months (14.36%).
with sales reaching $531.81M over the same period.The EPS is expected to grow by 5.92% this year, but quarterly earnings will post 2.72% year-over-year. Quarterly sales are estimated to grow 0.23% in year-over-year returns.
553.0 institutions hold shares in Simpson Manufacturing Co., Inc (SSD), with institutional investors hold 100.67% of the company’s shares. The shares outstanding are 41.88M, and float is at 41.76M with Short Float at 2.16%. Institutions hold 100.21% of the Float.
The top institutional shareholder in the company is KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC with over 4.54 million shares valued at $765.67 million. The investor’s holdings represent 10.753 of the SSD Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 4.21 million shares valued at $709.28 million to account for 9.9292 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 3.9 million shares representing 9.2321 and valued at over $657.38 million, while JPMORGAN CHASE & CO holds 4.3559 of the shares totaling 1.84 million with a market value of $310.16 million.
Simpson Manufacturing Co., Inc (SSD) Insider Activity
Simpson Manufacturing Co., Inc disclosed in a document filed with the SEC on Feb 25 ’25 that Andersen Michael (EVP, Europe) sold a total of 1,000 shares of the company’s common stock. The trade occurred on Feb 25 ’25 and was made at $169.98 per share for $0.17 million. Following the transaction, the insider now directly holds 8810.0 shares of the SSD stock.
Still, SEC filings show that on Feb 25 ’25, Andersen Michael (Officer) Proposed Sale 1,000 shares at an average price of $169.98 for $0.17 million. The insider now directly holds shares of Simpson Manufacturing Co., Inc (SSD).
