Simpson Manufacturing Co., Inc. (NYSE:SSD – Get Free Report)’s inventory worth hit a brand new 52-week excessive on Tuesday . The inventory traded as excessive as $203.92 and final traded at $202.37, with a quantity of 14306 shares. The inventory had beforehand closed at $199.57.
Analyst Scores Modifications
Individually, Robert W. Baird upped their worth goal on shares of Simpson Manufacturing from $198.00 to $205.00 and gave the inventory an “outperform” score in a analysis word on Tuesday, February sixth.
View Our Newest Evaluation on Simpson Manufacturing
Simpson Manufacturing Inventory Efficiency
The inventory has a market capitalization of $8.70 billion, a price-to-earnings ratio of 24.16 and a beta of 1.28. The inventory’s 50 day shifting common is $189.33 and its 200 day shifting common is $166.13. The corporate has a present ratio of three.63, a fast ratio of two.11 and a debt-to-equity ratio of 0.27.
Simpson Manufacturing (NYSE:SSD – Get Free Report) final launched its earnings outcomes on Monday, February fifth. The development firm reported $1.28 earnings per share (EPS) for the quarter, lacking analysts’ consensus estimates of $1.53 by ($0.25). The agency had income of $501.70 million through the quarter, in comparison with analysts’ expectations of $482.98 million. Simpson Manufacturing had a web margin of 15.99% and a return on fairness of twenty-two.06%. Simpson Manufacturing’s income for the quarter was up 5.5% on a year-over-year foundation. Throughout the identical quarter final yr, the corporate posted $1.35 earnings per share. On common, analysts predict that Simpson Manufacturing Co., Inc. will publish 8.74 earnings per share for the present yr.
Simpson Manufacturing Publicizes Dividend
The corporate additionally lately introduced a quarterly dividend, which shall be paid on Thursday, April twenty fifth. Shareholders of document on Thursday, April 4th shall be issued a $0.27 dividend. The ex-dividend date of this dividend is Wednesday, April third. This represents a $1.08 dividend on an annualized foundation and a yield of 0.53%. Simpson Manufacturing’s dividend payout ratio (DPR) is 13.08%.
Insider Shopping for and Promoting at Simpson Manufacturing
In different information, EVP Roger Dankel offered 850 shares of the inventory in a transaction dated Wednesday, December twentieth. The shares have been offered at a median worth of $195.82, for a complete transaction of $166,447.00. Following the transaction, the chief vice chairman now immediately owns 27,135 shares within the firm, valued at roughly $5,313,575.70. The sale was disclosed in a authorized submitting with the SEC, which is accessible at this hyperlink. In associated information, Director Jennifer Chatman offered 934 shares of the agency’s inventory in a transaction that occurred on Monday, February twelfth. The shares have been offered at a median worth of $192.48, for a complete worth of $179,776.32. Following the transaction, the director now owns 14,638 shares within the firm, valued at $2,817,522.24. The transaction was disclosed in a authorized submitting with the Securities & Alternate Fee, which is accessible at this hyperlink. Additionally, EVP Roger Dankel offered 850 shares of the agency’s inventory in a transaction that occurred on Wednesday, December twentieth. The shares have been offered at a median worth of $195.82, for a complete transaction of $166,447.00. Following the completion of the transaction, the chief vice chairman now owns 27,135 shares within the firm, valued at roughly $5,313,575.70. The disclosure for this sale could be discovered right here. Within the final ninety days, insiders have offered 2,634 shares of firm inventory value $502,759. Company insiders personal 0.65% of the corporate’s inventory.
Institutional Buying and selling of Simpson Manufacturing
A number of giant buyers have lately purchased and offered shares of SSD. 1832 Asset Administration L.P. acquired a brand new stake in Simpson Manufacturing within the first quarter valued at roughly $27,000. Contravisory Funding Administration Inc. acquired a brand new stake in Simpson Manufacturing within the fourth quarter valued at roughly $29,000. Quantbot Applied sciences LP acquired a brand new stake in shares of Simpson Manufacturing through the first quarter value roughly $30,000. Arlington Belief Co LLC acquired a brand new stake in shares of Simpson Manufacturing through the third quarter value roughly $31,000. Lastly, GAMMA Investing LLC acquired a brand new stake in shares of Simpson Manufacturing through the fourth quarter value roughly $35,000. Institutional buyers and hedge funds personal 89.45% of the corporate’s inventory.
Simpson Manufacturing Firm Profile
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Simpson Manufacturing Co, Inc, via its subsidiaries, designs, engineers, manufactures, and sells wooden and concrete building merchandise. The corporate presents wooden building merchandise, together with connectors, truss plates, fastening methods, fasteners and shearwalls, and pre-fabricated lateral methods to be used in light-frame building; and concrete building merchandise comprising adhesives, specialty chemical substances, mechanical anchors, carbide drill bits, powder actuated instruments, fiber-reinforced supplies, and different restore merchandise to be used in concrete, masonry, and metal building, in addition to grouts, coatings, sealers, mortars, fiberglass and fiber-reinforced polymer methods, and asphalt merchandise to be used in concrete building restore, and strengthening and safety merchandise.
Additional Studying
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