Grupo Simec SAB de CV (SIM)

NYSEAMERICAN: SIM · IEX Real-Time Price · USD
28.95
-1.00 (-3.34%)
Aug 8, 2022 3:54 PM EDT - Market closed
-3.34%
Market Cap 4.50B
Revenue (ttm) 2.71B
Net Income (ttm) 460.69M
Shares Out 155.53M
EPS (ttm) 3.22
PE Ratio 8.99
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 2,936
Open 29.46
Previous Close 29.95
Day's Range 27.85 - 29.46
52-Week Range 21.01 - 36.27
Beta 0.45
Analysts Sell
Price Target 20.67 (-28.6%)
Earnings Date Aug 3, 2022

About SIM

Grupo Simec, S.A.B. de C.V. manufactures, processes, and distributes special bar quality (SBQ) steel and steel alloys products in Mexico, the United States, Brazil, Canada, Latin America, and internationally. The company produces I-beams, channels, structural and commercial angles, hot rolled bars, flat bars, rebars, cold finished bars, electro-welded wire mesh and mesh panels, and wire rods, as well as semi-finished tube rounds and other semi-finished trade products. Its SBQ steel products are used across a range of engineered end-user applica... [Read more...]

Industry Metals & Mining
IPO Date Jul 1, 1993
CEO Luis Garcia Limon
Employees 5,290
Stock Exchange NYSEAMERICAN
Ticker Symbol SIM
Full Company Profile

Financial Performance

In 2021, Grupo Simec's revenue was 55.62 billion, an increase of 55.06% compared to the previous year's 35.87 billion. Earnings were 9.44 billion, an increase of 237.51%.

Financial numbers in MXN Financial Statements

Analyst Forecast

According to 8 analysts, the average rating for SIM stock is "Sell." The 12-month stock price forecast is 20.67, which is a decrease of -28.60% from the latest price.

Price Target
$20.67
(-28.60% downside)
Analyst Consensus: Sell
Stock Forecasts

News

GRUPO SIMEC ANNOUNCES RESULTS OF OPERATIONS FOR THE FIRST SIX MONTHS OF 2022

GUADALAJARA, Mexico , July 20, 2022 /PRNewswire/ -- Grupo Simec, S.A.B. de C.V. (NYSE: SIM) ("Simec") announced today its results of operations for the sixth-month period ended June 30th, 2022.

Grupo Simec Announces Results of Operations for the Twelve-Month Period Ended December 31, 2021 Audited

GUADALAJARA, Mexico , April 28, 2022 /PRNewswire/ -- Grupo Simec, S.A.B. de C.V. (NYSE: SIM) ("Simec") announced today its results of operations for the twelve-month period ended December 31, 2021 and D...

GRUPO SIMEC ANNOUNCES RESULTS OF OPERATIONS FOR THE FIRST QUARTER, OF 2022, ENDED MARCH 31, 2022

GUADALAJARA, Mexico , April 28, 2022 /PRNewswire/ -- Grupo Simec, S.A.B. de C.V. (NYSE: SIM) ("Simec") announced today its results of operations for the three-month period ended March 31, 2022.

GRUPO SIMEC ANNOUNCES RESULTS OF OPERATIONS FOR THE TWELVE-MONTH PERIOD ENDED DECEMBER 31, 2021

GUADALAJARA, Mexico, Feb. 16, 2022 /PRNewswire/ -- Grupo Simec, S.A.B. de C.V. (NYSE: SIM) (BMV: SIMEC-B) ("Simec") announced today its results of operations for the twelve-month period ended December 3...

Grupo Simec Announces Results Of Operations For The First Nine Months Of 2021

GUADALAJARA, Mexico, Oct. 28, 2021 /PRNewswire/ -- Grupo Simec, S.A.B. de C.V. (NYSE: SIM) ("Simec") announced today its results of operations for the nine-month period ended September 30, 2021.

Grupo Simec Announces Results of Operations for the First Six Months of 2021

GUADALAJARA, Mexico, July 13, 2021 /PRNewswire/ -- Grupo Simec, S.A.B. de C.V. (NYSE: SIM) ("Simec") announced today its results of operations for the sixth-month period ended June 30th, 2021.

Grupo Simec, S.A.B.de C.V. (NYSE: SIM) Significant Event (Unusual Movements)

GUADALAJARA, Mexico, July 8, 2021 /PRNewswire/ -- Subject: unusual movements in the negotiation of the shares comprising the share capital of "SIMEC" series "B" Regarding the unusual movements presented...

Grupo Simec, S.A.B. de C.V. (NYSE: SIM) significant event (unusual movements)

Subject: unusual movements in the negotiation of the shares comprising the share capital of "SIMEC" series "B" GUADALAJARA, México, June, 14, 2021 /PRNewswire/ -- Regarding the unusual movements present...

Grupo Simec Files Its Form 20-F For The 2020 Financial Year

GUADALAJARA, Mexico, May 25, 2021 /PRNewswire/ -- Grupo Simec, S.A.B. de C.V. (NYSE-MKT:SIM and BMV:SIMEC-B) (the "Company") yesterday filed its Annual Report on Form 20-F for the year ended December 31...

Grupo Simec Receives Noncompliance Notice Regarding Late Form 20-F Filing From The NYSE

GUADALAJARA, Mexico, May 21, 2021 /PRNewswire/ -- Grupo Simec, S.A.B. de C.V. (the "Company") (NYSE-MKT: SIM and BMV: SIMEC-B) announces that on May 18, 2021, as a result of its failure to timely file w...

Grupo Simec Announces Results of Operations for the Twelve-Month Period Ended December 31, 2020 Audited

GUADALAJARA, Mexico, May 3, 2021 /PRNewswire/ -- Grupo Simec, S.A.B. de C.V. (NYSE: SIM) ("Simec") announced today its results of operations for the twelve-month period ended December 31, 2020 audited a...

Grupo Simec Announces Results of Operations for the First Quarter, of 2021, Ended March 31, 2021

GUADALAJARA, Mexico, April 30, 2021 /PRNewswire/ -- Grupo Simec, S.A.B. de C.V. (NYSE: SIM) ("Simec") announced today its results of operations for the three-month period ended March 31, 2021.

Ternium Sees Its Composite Rating Rise To 97

Ternium saw its IBD SmartSelect Composite Rating jump to 97 Thursday, up from 85 the day before. The post Ternium Sees Its Composite Rating Rise To 97 appeared first on Investor's Business Daily.

Other symbols: STLDTX

Grupo Simec Announces Results Of Operations For The Twelve-Month Period Ended December 31, 2020

GUADALAJARA, Mexico, Feb. 9, 2021 /PRNewswire/ -- Grupo Simec, S.A.B. de C.V. (NYSE: SIM) ("Simec") announced today its results of operations for the twelve-month period ended December 31, 2020 and Dece...

Grupo Simec Files Amendment to its Form 20-F for the 2019 Financial Year

GUADALAJARA, Mexico, Jan. 13, 2021 /PRNewswire/ -- Grupo Simec, S.A.B. de C.V. (NYSE: SIM) (the "Company") yesterday filed an amended Annual Report on Form 20-F for the year ended December 31, 2019 with...

Grupo Simec Files Its Form 20-F For The 2019 Financial Year

GUADALAJARA, Jalisco, Mexico, June 5, 2020 /PRNewswire/ -- Grupo Simec, S.A.B. de C.V. (NYSE: SIM) (BMV: SIMEC-B) (the "Company") today filed its Annual Report on Form 20-F for the year ended December 3...