Simpson Manufacturing Co., Inc. (SSD)
NYSE: SSD · IEX Real-Time Price · USD
165.00
+1.08 (0.66%)
Jul 2, 2024, 4:00 PM EDT - Market closed
Simpson Manufacturing Co. Stock Forecast
Stock Price Forecast
The 2 analysts with 12-month price forecasts for SSD stock have an average target of 191.5, with a low estimate of 175 and a high estimate of 208. The average target predicts an increase of 16.06% from the current stock price of 165.00.
Analyst Consensus: Buy
* Price targets were last updated on Apr 23, 2024.
Analyst Ratings
The average analyst rating for SSD stock from 2 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 1 | 1 | 1 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 2 | 2 | 2 | 2 | 2 | 2 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Baird | Baird | Buy Maintains $215 → $208 | Buy | Maintains | $215 → $208 | +26.06% | Apr 23, 2024 |
| Baird | Baird | Buy Maintains $205 → $215 | Buy | Maintains | $205 → $215 | +30.30% | Apr 19, 2024 |
| Baird | Baird | Buy Maintains $205 → $215 | Buy | Maintains | $205 → $215 | +30.30% | Apr 18, 2024 |
| Baird | Baird | Buy Maintains $198 → $205 | Buy | Maintains | $198 → $205 | +24.24% | Feb 6, 2024 |
| DA Davidson | DA Davidson | Hold Maintains $135 → $175 | Hold | Maintains | $135 → $175 | +6.06% | Jul 25, 2023 |
Financial Forecast
Revenue This Year
2.29B
from 2.21B
Increased by 3.49%
Revenue Next Year
2.45B
from 2.29B
Increased by 6.98%
EPS This Year
8.43
from 8.26
Increased by 2.06%
EPS Next Year
9.53
from 8.43
Increased by 13.06%
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 2.4B | 2.6B |
| Avg | 2.3B | 2.5B |
| Low | 2.2B | 2.4B |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | 8.8% | 12.4% |
| Avg | 3.5% | 7.0% |
| Low | -0.4% | 3.0% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | 8.86 | 10.07 |
| Avg | 8.43 | 9.53 |
| Low | 8.04 | 9.04 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| High | 7.3% | 19.5% |
| Avg | 2.1% | 13.1% |
| Low | -2.7% | 7.2% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.