Simpson Manufacturing Co. Inc. (NYSE: SSD) has reported E.P.S. of $2.32 for its second fiscal quarter (ending June 30) versus $2.51 for the same period a year ago — a decline of -8%. This result fell short of the consensus estimate of $2.48 by $-0.17. E.P.S. were $7.82 for the latest four quarters through June 30 versus $7.99 for the same period a year ago — a decline of -2%.
Recent Price Action
On 7/22/24, Simpson Manufacturing Co. Inc. (NYSE: SSD) stock declined slightly by -0.4%, closing at $180.66. NORMAL trading volume accompanied the decline. The stock has performed in line with the market over the last nine months and is unchanged 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 (Neutral). The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Simpson Manufacturing Co has a neutral Appreciation Score of 46 and a slightly positive Power Rating of 63, and the Neutral Value Trend Rating results.
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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