Simpson Manufacturing (NYSE:SSD – Get Free Report) had its price target upped by analysts at Robert W. Baird from $205.00 to $210.00 in a research report issued to clients and investors on Tuesday, Benzinga reports. The brokerage presently has an “outperform” rating on the construction company’s stock. Robert W. Baird‘s price objective suggests a potential upside of 15.12% from the company’s previous close.
Several other research firms also recently weighed in on SSD. Stifel Nicolaus lowered their price objective on shares of Simpson Manufacturing from $218.00 to $210.00 and set a “buy” rating on the stock in a report on Monday. Weiss Ratings reiterated a “buy (b-)” rating on shares of Simpson Manufacturing in a report on Thursday. UBS Group reiterated a “neutral” rating on shares of Simpson Manufacturing in a report on Tuesday, July 28th. Finally, Stephens boosted their target price on shares of Simpson Manufacturing from $210.00 to $215.00 and gave the stock a “cautious” rating in a research report on Tuesday, July 28th. Three equities research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $211.75.
View Our Latest Analysis on Simpson Manufacturing
Simpson Manufacturing Trading Down 1.1%
NYSE SSD opened at $182.41 on Tuesday. The company has a market cap of $7.50 billion, a price-to-earnings ratio of 19.94 and a beta of 1.32. Simpson Manufacturing has a 52 week low of $156.32 and a 52 week high of $213.49. The business has a 50 day moving average price of $177.96 and a 200-day moving average price of $185.08. The company has a quick ratio of 2.14, a current ratio of 3.29 and a debt-to-equity ratio of 0.15.
Simpson Manufacturing (NYSE:SSD – Get Free Report) last issued its earnings results on Monday, October 26th. The construction company reported $2.68 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.44 by $0.24. Simpson Manufacturing had a return on equity of 18.45% and a net margin of 15.65%. The company had revenue of $638.13 million for the quarter, compared to analysts’ expectations of $624.39 million. During the same period last year, the business earned $2.58 EPS. Simpson Manufacturing’s quarterly revenue was up 2.3% compared to the same quarter last year. As a group, equities analysts expect that Simpson Manufacturing will post 9.28 earnings per share for the current fiscal year.
Simpson Manufacturing announced that its board has approved a stock buyback plan on Monday, October 26th that allows the company to buy back $1 billion in shares. This buyback authorization allows the construction company to reacquire up to 13.2% of its shares through open market purchases. Share buyback plans are typically a sign that the company’s management believes its shares are undervalued.
Insiders Place Their Bets
In other Simpson Manufacturing news, CEO Michael Olosky sold 3,502 shares of the stock in a transaction dated Thursday, September 10th. The shares were sold at an average price of $172.84, for a total transaction of $605,285.68. Following the completion of the transaction, the chief executive officer owned 51,398 shares in the company, valued at $8,883,630.32. This trade represents a 6.38% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 0.34% of the stock is owned by corporate insiders.
Institutional Trading of Simpson Manufacturing
Institutional investors have recently modified their holdings of the business. Peterson Wealth Services grew its position in Simpson Manufacturing by 9.1% during the third quarter. Peterson Wealth Services now owns 5,794 shares of the construction company’s stock worth $990,000 after buying an additional 481 shares in the last quarter. Provident Investment Management Inc. bought a new position in Simpson Manufacturing in the third quarter valued at $222,000. Signaturefd LLC lifted its stake in Simpson Manufacturing by 59.6% during the third quarter. Signaturefd LLC now owns 983 shares of the construction company’s stock worth $168,000 after purchasing an additional 367 shares during the last quarter. Fifth Third Wealth Advisors LLC lifted its stake in Simpson Manufacturing by 11.0% during the third quarter. Fifth Third Wealth Advisors LLC now owns 3,027 shares of the construction company’s stock worth $517,000 after purchasing an additional 299 shares during the last quarter. Finally, Root Financial Partners LLC purchased a new position in shares of Simpson Manufacturing in the 3rd quarter worth about $168,000. 93.68% of the stock is currently owned by hedge funds and other institutional investors.
Key Headlines Impacting Simpson Manufacturing
Here are the key news stories impacting Simpson Manufacturing this week:
- Positive Sentiment: Q3 earnings and revenue beat estimates. Adjusted EPS was $2.68, above the $2.44–$2.47 analyst estimates, while revenue rose 2.3% year over year to $638.1 million versus expectations of approximately $624 million. Net income increased 1.6%, and diluted EPS rose 3.9% from the prior-year quarter. Simpson Manufacturing Tops Q3 Earnings and Revenue Estimates
- Positive Sentiment: $1 billion buyback authorization is a major capital-return catalyst. The authorization allows Simpson Manufacturing to repurchase up to 13.2% of outstanding shares. The company also repurchased $66.3 million of stock during Q3, potentially supporting EPS and signaling that management views SSD shares as undervalued. Simpson Manufacturing Announces New Share Repurchase Authorization
- Positive Sentiment: Pricing actions and cost controls helped defend profitability. Management’s earnings-call commentary indicated that pricing initiatives and expense discipline are supporting margins. Simpson maintained a 2026 consolidated operating-margin outlook of 20.0% to 20.5%, including an expected $11 million gain from vacant-land sales. Simpson Manufacturing Q3 2026 Earnings Call Transcript
- Neutral Sentiment: Simpson declared a quarterly dividend of $0.30 per share, payable January 28, 2027. Its balance sheet remains solid, with $491.3 million in cash and $308 million of debt at September 30.
- Negative Sentiment: Growth remains modest and geographically uneven. North American sales increased 3.8% to $502 million, but European sales declined 3.4% to $129.9 million, while operating income was nearly flat year over year. This suggests demand remains challenging even though pricing and cost controls are cushioning results. Simpson Manufacturing Q3 Results and Guidance
Simpson Manufacturing Company Profile
Simpson Manufacturing Co, Inc develops, manufactures and sells structural solutions for residential, commercial and industrial construction. Its products are designed to connect and reinforce wood, concrete and other building materials, supporting applications ranging from new construction to repair, remodeling and retrofit projects.
The company is best known for its Simpson Strong-Tie brand, which offers structural connectors, fasteners, anchors, specialty products, adhesives and related installation systems.
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