Simpson Manufacturing
About: Simpson Manufacturing Co Inc is a manufacturer of wood construction products. The company offers connectors, truss plates, fastening systems, fasteners, prefabricated lateral systems, concrete construction products, adhesives, mechanical anchors, carbide drill bits, powder-actuated tools, and fiber-reinforced materials. Simpson Manufacturing markets its products to the residential, light industrial, and commercial construction markets as well as the remodeling and do-it-yourself markets. The largest end market is the United States. The Company is organized into three reporting segments defined by the regions namely North America, Europe, and Asia Pacific. The company generates the majority of its revenue from wood products.
Employees: 5,497
0
Funds holding %
of 6,809 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
70% more call options, than puts
Call options by funds: $13.5M | Put options by funds: $7.92M
29% more first-time investments, than exits
New positions opened: 67 | Existing positions closed: 52
7% more capital invested
Capital invested by funds: $7.18B [Q2] → $7.71B (+$525M) [Q3]
4% more funds holding
Funds holding: 393 [Q2] → 408 (+15) [Q3]
0% more funds holding in top 10
Funds holding in top 10: 5 [Q2] → 5 (+0) [Q3]
3% less repeat investments, than reductions
Existing positions increased: 143 | Existing positions reduced: 148
5.49% less ownership
Funds ownership: 101.1% [Q2] → 95.62% (-5.49%) [Q3]
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
Low target
$218
30%
upside
Avg. target
$218
30%
upside
High target
$218
30%
upside
1 analyst rating
1 positive
100%
0 neutral
0%
0 negative
0%
Baird Timothy Wojs 54% 1-year accuracy 25 / 46 met price target | 30%upside $218 | Outperform Maintained | 21 Oct 2024 |
Financial journalist opinion
Neutral
PRNewsWire
1 month ago
Simpson Manufacturing Co., Inc. Announces Participation at Baird's 2024 Global Industrial Conference
PLEASANTON, Calif. , Nov. 7, 2024 /PRNewswire/ -- Simpson Manufacturing Co., Inc. (the "Company") (NYSE: SSD), an industry leader in engineered structural connectors and building solutions, today announced that Mike Olosky, President and Chief Executive Officer, Brian Magstadt, Chief Financial Officer and Treasurer, and Matt Dunn, Senior Vice President, Finance, will participate in the upcoming Baird 2024 Global Industrial Conference on Thursday, November 14, 2024, at The Ritz-Carlton in Chicago, Illinois.
Neutral
Seeking Alpha
1 month ago
Simpson Manufacturing: Modest Growth Amid Market Challenges
SSD reported modest 1.2% net sales growth in 3Q24 despite challenges in the US and European housing markets. The company's strategic acquisitions of Monet DeSauw and QuickFrames USA are expected to expand its product offerings and market reach. The facility expansions in Ohio and Tennessee are on track for 2025 completion, which will enhance future manufacturing capabilities.
Neutral
PRNewsWire
1 month ago
Simpson Manufacturing Co. Appoints Matt Dunn as Chief Financial Officer and Treasurer
PLEASANTON, Calif. , Oct. 28, 2024 /PRNewswire/ -- Simpson Manufacturing Co., Inc. (the "Company") (NYSE: SSD), an industry leader in engineered structural connectors and building solutions, today announced it has appointed Matt Dunn as Chief Financial Officer and Treasurer, effective January 1, 2025.
Neutral
PRNewsWire
1 month ago
Simpson Manufacturing Co., Inc. Declares Quarterly Dividend
PLEASANTON, Calif. , Oct. 24, 2024 /PRNewswire/ -- Simpson Manufacturing Co., Inc. (the "Company") (NYSE: SSD), an industry leader in engineered structural connectors and building solutions, today announced that on October 23, 2024, the Company's Board of Directors (the "Board") declared a regular quarterly dividend of 28 cents per share on the Company's common stock.
Negative
Zacks Investment Research
1 month ago
New Strong Sell Stocks for October 24th
LIND, PII and SSD have been added to the Zacks Rank #5 (Strong Sell) List on October 24, 2024.
Negative
Zacks Investment Research
1 month ago
Simpson Manufacturing Stock Down on Q3 Earnings Lag, '24 View Cut
SSD's third-quarter 2024 results reflect a mix of modest net sales growth and ongoing challenges in profitability amid pressures in housing markets.
Neutral
Business Wire
1 month ago
cPacket Introduces Packet Capture cStor 200S, Extending Its Performance Leadership
MILPITAS, Calif.--(BUSINESS WIRE)--cPacket Networks Inc., a leader in network observability and security monitoring solutions, today announced the launch of the Packet Capture cStor 200S, the latest addition to its Packet Capture and analytics portfolio, extending its performance lead over competitors. Engineered to meet the escalating demands of enterprise data centers, high-frequency trading platforms, and mission-critical networks, the Packet Capture cStor 200S delivers 200Gbps concurrent pa.
Neutral
Seeking Alpha
2 months ago
Simpson Manufacturing Co., Inc. (SSD) Q3 2024 Earnings Call Transcript
Simpson Manufacturing Co., Inc. (NYSE:SSD ) Q3 2024 Earnings Conference Call October 21, 2024 5:00 PM ET Company Participants Kimberly Orlando - Investor Relations, ADDO Investor Relations Michael Olosky - President and Chief Executive Officer Brian Magstadt - Chief Financial Officer and Treasurer Conference Call Participants Daniel Moore - CJS Securities Timothy Wojs - Baird Kurt Yinger - D.A. Davidson Operator Greetings and welcome to the Simpson Manufacturing Company Third Quarter 2024 Earnings Conference Call.
Neutral
PRNewsWire
2 months ago
Simpson Manufacturing Co., Inc. Announces 2024 Third Quarter Financial Results
Net sales of $587.2 million, increased 1.2% year-over-year Income from operations of $124.9 million, resulting in operating income margin of 21.3% Net income per diluted share of $2.21 Revising full year 2024 outlook based on reduced housing start expectations PLEASANTON, Calif. , Oct. 21, 2024 /PRNewswire/ -- Simpson Manufacturing Co., Inc. (the "Company") (NYSE: SSD), an industry leader in engineered structural connectors and building solutions, today announced its financial results for the third quarter of 2024.
Neutral
PRNewsWire
2 months ago
Simpson Manufacturing Co., Inc. to Announce Third Quarter 2024 Financial Results on Monday, October 21st
PLEASANTON, Calif. , Oct. 7, 2024 /PRNewswire/ -- Simpson Manufacturing Co., Inc. (the "Company") (NYSE: SSD), an industry leader in engineered structural connectors and building solutions, announced today that it will report its financial results for the third quarter ended September 30, 2024, on Monday, October 21, 2024, at 4:15 p.m.
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