Simpson Manufacturing Co., Inc. (SSD)
NYSE: SSD · IEX Real-Time Price · USD
182.05
+3.25 (1.82%)
Apr 18, 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 195, with a low estimate of 175 and a high estimate of 215. The average target predicts an increase of 7.11% from the current stock price of 182.05.
Analyst Consensus: Buy
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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '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 $205 → $215 | Buy | Maintains | $205 → $215 | +18.10% | Apr 18, 2024 |
| Baird | Baird | Buy Maintains $198 → $205 | Buy | Maintains | $198 → $205 | +12.61% | Feb 6, 2024 |
| DA Davidson | DA Davidson | Hold Maintains $135 → $175 | Hold | Maintains | $135 → $175 | -3.87% | Jul 25, 2023 |
| DA Davidson | DA Davidson | Hold Maintains $120 → $135 | Hold | Maintains | $120 → $135 | -25.84% | Apr 25, 2023 |
| Baird | Baird | Buy Maintains $125 → $140 | Buy | Maintains | $125 → $140 | -23.10% | Apr 25, 2023 |
Financial Forecast
Revenue This Year
2.33B
from 2.21B
Increased by 5.29%
Revenue Next Year
2.47B
from 2.33B
Increased by 5.79%
EPS This Year
8.78
from 8.26
Increased by 6.26%
EPS Next Year
9.83
from 8.78
Increased by 11.97%
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 | 10.4% | 10.5% |
| Avg | 5.3% | 5.8% |
| Low | 1.4% | 2.3% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | 9.19 | 10.50 |
| Avg | 8.78 | 9.83 |
| Low | 8.41 | 9.16 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| High | 11.2% | 19.6% |
| Avg | 6.3% | 12.0% |
| Low | 1.8% | 4.4% |
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.