For its first fiscal quarter (ending March 31), Simpson Manufacturing Co. Inc. (NYSE: SSD) has reported E.P.S. of $1.78 compared to $2.06 a year ago. For the latest four quarters through March 31, E.P.S. were $8.02 versus $7.64 for the same period a year ago.
Recent Price Action
Simpson Manufacturing Co. Inc. (NYSE: SSD) stock rose modestly by 0.4% on 4/22/24. The stock closed at $185.12. Moreover, exceptionally high trading volume at 200% of normal accompanied the advance. The stock has been exceptionally strong relative to the market over the last nine months and is unchanged during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, SSD is expected to continue to be an important Value Builder.
Simpson Manufacturing Co has a current Value Trend Rating of B (Positive). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. Simpson Manufacturing Co has a neutral Appreciation Score of 42 but a very high Power Rating of 96, resulting in the Positive Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
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