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Tuesday, September 26, 2023

The Question Is Whether To Buy Or Not To Buy Simpson Manufacturing Co. Inc. (NYSE: SSD)

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. After-hours trades for Simpson Manufacturing Co. Inc. (SSD) shows that investor sentiment remained broken, with the stock’s consolidated last price falling by -$0.73, or -0.45%, to $162.45. The Simpson Manufacturing Co. Inc. has recorded 8,295 volume in the after hours trading session. The stock was recently discussed on Yahoo Finance as it revealed that Simpson Manufacturing Co., Inc. Announces September Conference Participation.

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Stocks Info

Simpson Manufacturing Co. Inc. is listed on the NYSE as a member of the Basic Materials sector and is a part of the Lumber & Wood Production industry. At the end of the last regular session, the stock closed at $163.18 and fluctuated between $163.74 as its day high and $160.38 as its day low. The current market capitalization of Simpson Manufacturing Co. Inc. is $6.82B. A total of 0.16 million shares were traded on the day, compared to an average of 163.98K shares.

Insider Activity

Additionally, investors take into account insider trades when predicting how a stock will perform. During the recent three months, SSD has seen 0 BUY and 7 SELL insider trades, representing the acquisition of 0 and the disposition of 13,758 shares. Over the last 12 months, there were 25 BUYs and 29 SELLs from insiders. Insiders purchased 110,234 shares during that period but sold 103,462.

In the most recent transaction, ANDRASICK JAMES S sold 1,000 shares of SSD for 156.07 per share on Aug 07. After the transaction, the Director now owns 724 company shares. In a previous transaction on Aug 04, Dankel Roger sold 2,500 shares at 155.00 per share. SSD shares that EVP, NA Sales owns now total 32,202.

Among the insiders who sold shares, Donaldson Philip E disposed of 675 shares on Jul 28 at a per-share price of $157.94. This resulted in the Director holding 6,549 shares of SSD after the transaction. In another insider transaction, Dankel Roger sold 2,000 shares at $129.31 per share on Jun 09. Company shares held by the EVP, NA Sales now total 34,659.


It is more appealing for investors to invest in companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook for the company. Simpson Manufacturing Co. Inc. pays an annual dividend of $1.08, resulting in a dividend yield of 0.66%, and it has a price to earnings (P/E) ratio of 20.49. SSD’s most recent ex-dividend date was 10/4/2023 when it declared a $0.27 quarterly dividend that was paid in cash on 10/26/2023. Previously, the company paid the dividend on 7/27/2023 with an ex-dividend date of 7/5/2023. The SSD stock dividend was $0.27 per share in cash.

Though price targets are rarely accurate, they can exert some influence from time to time and were often accepted as valuable by the market. According to analysts who have offered 12-month price targets for SSD in the last 3 months, the mean price target is $176.00 with high estimates of $190.00 and low estimates of $155.00. In terms of 52-week highs and lows, SSD has a high of $166.02 and a low of $75.25.

As of this writing, SSD has an earnings estimate of $2.14 per share for the current quarter. EPS was calculated based on a consensus of 4 estimates, with a high estimate of $2.25 per share and a lower estimate of $2.09. The company reported an EPS of $2.05 in the last quarter, which was 46.40% higher than expectations of $1.4.

Balance Sheet Annually/Quarterly

A balance sheet is a report that shows the company’s assets and liabilities. In addition, it shows how much equity investors have invested in the company. Investors can determine the company’s prospects by calculating its financial ratios based on this information. SSD’s latest balance sheet shows that the firm has $301.15M in Cash & Short Term Investments as of fiscal 2021. There were $37.09M in debt and $244.60M in liabilities at the time. Its Book Value Per Share was $37.11, while its Total Shareholder’s Equity was $1.18B.

Analysts Opinion

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for SSD is Buy with a score of 4.00.

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