Simpson Manufacturing Stock Today

SSD Stock  USD 205.18  2.27  1.12%   

Performance

4 of 100

 
Low
 
High
Insignificant

Odds Of Distress

Less than 5

 
100  
 
Zero
Very Low
Simpson Manufacturing is trading at 205.18 as of the 29th of March 2024, a 1.12 percent up since the beginning of the trading day. The stock's lowest day price was 202.6. Simpson Manufacturing has under 5 % chance of experiencing financial distress over the next 2 years but had a somewhat insignificant performance during the last 90 days. Equity ratings for Simpson Manufacturing are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 28th of February 2024 and ending today, the 29th of March 2024. Click here to learn more.
Business Domain
Capital Goods
IPO Date
25th of May 1994
Category
Basic Materials
Classification
Industrials
Simpson Manufacturing Co., Inc., through its subsidiaries, designs, engineers, manufactures, and sells wood and concrete construction products. The company was founded in 1956 and is headquartered in Pleasanton, California. Simpson Manufacturing operates under Lumber Wood Production classification in the United States and is traded on New York Stock Exchange. The company has 42.44 M outstanding shares of which 850.45 K shares are at this time shorted by investors with about 3.62 days to cover. More on Simpson Manufacturing

Moving together with Simpson Stock

  0.77NWGL Nature Wood GroupPairCorr

Moving against Simpson Stock

  0.67CC Chemours Financial Report 25th of April 2024 PairCorr

Simpson Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Simpson Manufacturing's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Simpson Manufacturing or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEOKaren Colonias
Thematic Ideas
(View all Themes)
Old Names[SNIACE, SNIACE (SSD.SG)]
Business ConcentrationBuilding Products, Lumber & Wood Production, Basic Materials, NYSE Composite, SP Midcap 400, Farming, Construction Materials, Industrials, Building Products, Lumber & Wood Production, Basic Materials (View all Sectors)
Average Analyst Recommendation
Analysts covering Simpson Manufacturing report their recommendations after researching Simpson Manufacturing's financial statements, talking to executives and customers, or listening in on Simpson Manufacturing's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Simpson Manufacturing. The Simpson consensus assessment is calculated by taking the average forecast from all of the analysts covering Simpson Manufacturing.
Financial Strength
Based on the key indicators obtained from Simpson Manufacturing's historical financial statements, Simpson Manufacturing may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. Financial strength of Simpson Manufacturing is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
Current ValueLast YearChange From Last Year 10 Year Trend
Return On Assets0.120.1309
Significantly Down
Slightly volatile
Asset Turnover1.240.8185
Way Up
Very volatile
Gross Profit Margin0.340.4715
Way Down
Very volatile
Total Current Liabilities379.3 M361.3 M
Sufficiently Up
Slightly volatile
Non Current Liabilities Total696.9 M663.7 M
Sufficiently Up
Slightly volatile
Total Assets2.8 B2.7 B
Sufficiently Up
Slightly volatile
Total Current Assets1.4 B1.3 B
Sufficiently Up
Slightly volatile
Total Cash From Operating Activities448.4 M427 M
Sufficiently Up
Slightly volatile
Simpson Manufacturing's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Simpson Manufacturing's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Simpson Manufacturing's financial leverage. It provides some insight into what part of Simpson Manufacturing's total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on Simpson Manufacturing's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Simpson Manufacturing deploys its capital and how much of that capital is borrowed.
Liquidity
Simpson Manufacturing cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company has 551.57 M in debt with debt to equity (D/E) ratio of 0.54, which is OK given its current industry classification. Simpson Manufacturing has a current ratio of 3.49, demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due. Debt can assist Simpson Manufacturing until it has trouble settling it off, either with new capital or with free cash flow. So, Simpson Manufacturing's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Simpson Manufacturing sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Simpson to invest in growth at high rates of return. When we think about Simpson Manufacturing's use of debt, we should always consider it together with cash and equity.

Change In Cash

135.53 Million
Simpson Manufacturing (SSD) is traded on New York Stock Exchange in USA. It is located in 5956 West Las Positas Boulevard, Pleasanton, CA, United States, 94588 and employs 5,497 people. Simpson Manufacturing is listed under Building Products category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a total capitalization of 8.71 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Simpson Manufacturing's market, we take the total number of its shares issued and multiply it by Simpson Manufacturing's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Simpson Manufacturing runs under Building Products sector within Industrials industry. The entity has 42.44 M outstanding shares of which 850.45 K shares are at this time shorted by investors with about 3.62 days to cover. Simpson Manufacturing has about 300.74 M in cash with 427.02 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 7.22.
Check Simpson Manufacturing Probability Of Bankruptcy
Ownership Allocation
Simpson Manufacturing shows a total of 42.44 Million outstanding shares. The majority of Simpson Manufacturing outstanding shares are owned by institutional holders. These institutional investors are usually referred to as non-private investors looking to take positions in Simpson Manufacturing to benefit from reduced commissions. Consequently, institutions are subject to a different set of regulations than regular investors in Simpson Manufacturing. Please pay attention to any change in the institutional holdings of Simpson Manufacturing as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company owns, if the real value of the company is less than the current market value, you may not be able to make money on it.
Check Simpson Ownership Details

Simpson Stock Price Odds Analysis

What are Simpson Manufacturing's target price odds to finish over the current price? Based on a normal probability distribution, the odds of Simpson Manufacturing jumping above the current price in 90 days from now is about 13.05%. The Simpson Manufacturing probability density function shows the probability of Simpson Manufacturing stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon the stock has a beta coefficient of 2.1768. This usually implies as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Simpson Manufacturing will likely underperform. Additionally, simpson Manufacturing has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming NYSE Composite.
  Odds Below 205.18HorizonTargetOdds Above 205.18
86.82%90 days
 205.18 
13.05%
Based on a normal probability distribution, the odds of Simpson Manufacturing to move above the current price in 90 days from now is about 13.05 (This Simpson Manufacturing probability density function shows the probability of Simpson Stock to fall within a particular range of prices over 90 days) .

Simpson Stock Institutional Holders

Institutional Holdings refers to the ownership stake in Simpson Manufacturing that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Simpson Manufacturing's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Simpson Manufacturing's value.
InstituionRecorded OnShares
Northern Trust Corp2023-12-31
713.3 K
Amvescap Plc.2023-12-31
617.5 K
Morgan Stanley - Brokerage Accounts2023-12-31
609.5 K
Burgundy Asset Management Ltd2023-12-31
589.5 K
Charles Schwab Investment Management Inc2023-12-31
582.1 K
Wells Fargo & Co2023-12-31
560 K
Td Asset Management Inc2023-12-31
555.2 K
Bank Of New York Mellon Corp2023-12-31
468.2 K
Ameriprise Financial Inc2023-12-31
426.5 K
Blackrock Inc2023-12-31
5.2 M
Kayne Anderson Rudnick Investment Management Llc2023-12-31
4.6 M
View Simpson Manufacturing Diagnostics

Simpson Manufacturing Historical Income Statement

Simpson Manufacturing Income Statement is one of the three primary financial statements used for reporting Simpson's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Simpson Manufacturing revenue and expense. Simpson Manufacturing Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At present, Simpson Manufacturing's Interest Expense is projected to increase significantly based on the last few years of reporting. The current year's Total Revenue is expected to grow to about 2.3 B, whereas Selling General Administrative is forecasted to decline to about 136.9 M. View More Fundamentals

Simpson Stock Against Markets

Picking the right benchmark for Simpson Manufacturing stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Simpson Manufacturing stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Simpson Manufacturing is critical whether you are bullish or bearish towards Simpson Manufacturing at a given time. Please also check how Simpson Manufacturing's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Simpson Manufacturing without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Simpson Manufacturing Corporate Directors

Simpson Manufacturing corporate directors refer to members of a Simpson Manufacturing board of directors. The board of directors generally takes responsibility for the Simpson Manufacturing's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Simpson Manufacturing's board members must vote for the resolution. The Simpson Manufacturing board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Robin MacGillivrayIndependent DirectorProfile
Gary CusumanoIndependent DirectorProfile
Jennifer ChatmanIndependent DirectorProfile
Philip DonaldsonIndependent DirectorProfile

How to buy Simpson Stock?

Before investing in Simpson Manufacturing, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Simpson Manufacturing. To buy Simpson Manufacturing stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Simpson Manufacturing. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Simpson Manufacturing stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Simpson Manufacturing stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Simpson Manufacturing stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Simpson Manufacturing, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Simpson Stock please use our How to Invest in Simpson Manufacturing guide.

Already Invested in Simpson Manufacturing?

The danger of trading Simpson Manufacturing is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Simpson Manufacturing is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Simpson Manufacturing. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Simpson Manufacturing is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Simpson Manufacturing is a strong investment it is important to analyze Simpson Manufacturing's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Simpson Manufacturing's future performance. For an informed investment choice regarding Simpson Stock, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Simpson Manufacturing. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.
For information on how to trade Simpson Stock refer to our How to Trade Simpson Stock guide.
You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.

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When running Simpson Manufacturing's price analysis, check to measure Simpson Manufacturing's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Simpson Manufacturing is operating at the current time. Most of Simpson Manufacturing's value examination focuses on studying past and present price action to predict the probability of Simpson Manufacturing's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Simpson Manufacturing's price. Additionally, you may evaluate how the addition of Simpson Manufacturing to your portfolios can decrease your overall portfolio volatility.
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Is Simpson Manufacturing's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Simpson Manufacturing. If investors know Simpson will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Simpson Manufacturing listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.06)
Dividend Share
1.07
Earnings Share
8.35
Revenue Per Share
51.97
Quarterly Revenue Growth
0.055
The market value of Simpson Manufacturing is measured differently than its book value, which is the value of Simpson that is recorded on the company's balance sheet. Investors also form their own opinion of Simpson Manufacturing's value that differs from its market value or its book value, called intrinsic value, which is Simpson Manufacturing's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Simpson Manufacturing's market value can be influenced by many factors that don't directly affect Simpson Manufacturing's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Simpson Manufacturing's value and its price as these two are different measures arrived at by different means. Investors typically determine if Simpson Manufacturing is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Simpson Manufacturing's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.