Simpson Manufacturing Company, (NYSE:SSD):
Simpson Manufacturing Co., Inc. Announces Third Quarter Results.
The company is trading up by 3.74 percent from yesterday’s close.
Simpson Manufacturing Company, also declared a dividend which was paid on Thursday October 27th, 2016. The dividend was $0.180 per share for the quarter or $0.72 annualized. This dividend represents a yield of $1.74. The ex-dividend date was Tuesday the 4th of October 2016.
Company chares are trading at $42.39 just a bit lower than $43.89, the stock’s 50 day moving average and which is just a bit higher than the 200 day moving average of $41.07. The 50 day moving average moved down $-1.50 whereas the 200 day average was up by +3.21%.
The most current P/E ratio is 26.17 and market capitalization is 2.05B. As of the latest earnings report the EPS was $1.62 and is estimated to be $1.74 for the current year with 48,388,000 shares currently outstanding. Analysts expect next quarter’s EPS will be $0.35 and the next full year EPS is projected to be $1.92.
Several investment firms have issued ratings on the stock. On September 9, 2016 Sidoti & Co. starting coverage on SSD with an initial rating of “Neutral”. On April 6 the company was set at “Neutral” according to a DA Davidson report which is down from the previous “Buy” rating.
October 28 investment analysts at FBR Capital maintained a stock rating of “Market Perform” but moved down the price target from $38.00 to $35.00. On April 28 the stock rating was upgraded to “Buy” from “Neutral” in a statement from DA Davidson.