Simpson Manufacturing (SSD) Scheduled to Post Quarterly Earnings on Monday

Simpson Manufacturing (NYSE:SSD) will be announcing its earnings results after the market closes on Monday, February 4th. Analysts expect the company to announce earnings of $0.64 per share for the quarter. Investors that are interested in participating in the company’s conference call can do so using this link.

NYSE:SSD opened at $61.14 on Friday. Simpson Manufacturing has a 52 week low of $49.54 and a 52 week high of $78.36. The company has a market capitalization of $2.78 billion, a P/E ratio of 30.88, a PEG ratio of 3.40 and a beta of 1.61.

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A number of equities analysts recently commented on SSD shares. Zacks Investment Research downgraded Simpson Manufacturing from a “hold” rating to a “sell” rating in a report on Thursday, October 18th. Robert W. Baird downgraded Simpson Manufacturing from an “outperform” rating to a “neutral” rating and dropped their price objective for the stock from $75.00 to $72.00 in a report on Monday, October 15th. Finally, ValuEngine downgraded Simpson Manufacturing from a “buy” rating to a “hold” rating in a report on Thursday, October 18th.

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About Simpson Manufacturing

Simpson Manufacturing Co, Inc, through its subsidiaries, designs, engineers, manufactures, and sells building construction products. The company offers wood construction products, including connectors, truss plates, fastening systems, fasteners, and pre-fabricated lateral systems used in light-frame construction; and concrete construction products comprising adhesives, specialty chemicals, mechanical anchors, carbide drill bits, powder actuated tools, and fiber reinforced materials for use in concrete, masonry, and steel construction, as well as for concrete repair, protection, and strengthening applications.

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