Simpson Manufacturing Co. Inc. (NYSE: SSD) has reported earnings for its third fiscal quarter (ending September 30) of $2.22 versus $2.44 for the same period a year ago. For the latest four quarters through September 30, E.P.S. were $7.60 versus $8.36 for the same period a year ago.
Recent Price Action
Simpson Manufacturing Co. Inc. (NYSE: SSD) stock declined by -2.1% on 10/21/24. The shares closed at $186.15. Trading volume in this decline was normal. The stock has been weak relative to the market over the last nine months and has declined -2.7% during the last week.
Current PriceTarget Research Rating
SSD is expected to continue to be an important Value Builder reflecting capital returns that are forecasted to be above the cost of capital.
Simpson Manufacturing Co has a current Value Trend Rating of C (Low Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing highly consistent signals. Simpson Manufacturing Co has a neutral Power Rating of 48 and a neutral Appreciation Score of 46, triggering the Low Neutral Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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