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How to Buy Simpson Manufacturing Co Stock

Simpson Manufacturing Co Inc

Simpson Manufacturing Co is a lumber company located in California, United States, which is part of the Basic Materials sector, and is traded under the ticker SSD on the NYSE exchange.

Simpson Manufacturing Co stock last closed at $173.01, up 1.36% from the previous day, and has increased 42.06% in one year. It has overperformed other stocks in the Lumber & Wood Production industry by 0.1 percentage points. Simpson Manufacturing Co stock is currently +47.76% from its 52-week low of $117.09, and -20.78% from its 52-week high of $218.38.

There are currently 42.16M shares of SSD outstanding. The market value of SSD is $7.29B. In the past 24 hours, 195,989 SSD shares were traded.

How to Buy Simpson Manufacturing Co Stock

Wondering how to invest in Simpson Manufacturing Co stock? Here's how.
  1. Choose where to buy Simpson Manufacturing Co stock: You need to pick a stock brokerage, but don't worry - we've tried dozens of online stock brokerages and apps to help you determine where to buy Simpson Manufacturing Co stock.
  2. Sign up for your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
  3. Put funds into your brokerage account: Select your payment method and add your details.
  4. Evaluate Simpson Manufacturing Co stock: The Simpson Manufacturing Co ticker symbol is SSD. Is Simpson Manufacturing Co stock a good investment? Should you buy shares of SSD? How do SSD's underlying business fundamentals look? Do top analysts think Simpson Manufacturing Co is a good buy? Why has SSD's stock price moved recently? (Hint: Our stock market analysis website can help you figure out if SSD is a good stock to buy).
  5. Make your SSD purchase: Decide if you will purchase SSD shares at the current market price or use a limit order to buy SSD shares at a particular price.
  6. Get updates on your SSD investment: Create a watchlist to key updates about your investment in Simpson Manufacturing Co shares.

Step 1: Choose where to buy Simpson Manufacturing Co stock

You will need an online brokerage account in order to access the NYSE market and buy SSD stock.

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Step 2: Sign up for your brokerage account

Now that you've picked the right brokerage, the next step is to fill out some personal info so you can invest in SSD today.

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Step 4: Evaluate Simpson Manufacturing Co stock

Once you have identified the best place to buy Simpson Manufacturing Co stock, it's very important to analyze their stock before you buy, so you actually understand the risk and opportunity.

Simpson Manufacturing Co Metrics

SSD Price
$173.01
1w %
2.77%
1y %
42.06%
5y %
175.63%
P/E
21.55x
P/B
4.23x
P/S
3.32x
PEG
1.21x
Revenue
$2.21B
Earnings
$341.46M
Fore. Rev. Growth
N/A
Fore. Earn. Growth
N/A
Market Cap
$7.29B
Next Earnings
Jul 22, 2024
Next Dividend
Jul 25, 2024

SSD Fundamentals

WallStreetZen was built to help everyday investors do more accurate fundamental analysis.

You can view all of the due diligence checks on SSD's stock page.

How is SSD stock valued?

You can use a variety of different financial metrics, analyses, models, and charts to gauge SSD's true value.

Using relative valuations ratios:

  • SSD could be undervalued based on its P/E ratio of 21.55x, relative to Lumber & Wood Production industry P/E ratio of -10.94x
  • SSD could be overvalued based on its P/B ratio of 4.23x, relative to Lumber & Wood Production industry P/B ratio of 1.74x
  • SSD could be overvalued based on its PEG ratio of 1.21x

You can access more valuation research on SSD's stock here.

SSD Financial Health Summary

Passed Health Checks:

  • SSD profit margin has gone up from 15.2% to 15.5% in the past year.
  • There are more short-term assets than short-term liabilities on the SSD balance sheet.
  • SSD's operating cash flow of $432.00M allows it to safely service it's debt of $528.01M.
  • There are more short-term assets than long-term liabilities on the SSD balance sheet.
  • SSD earnings of $453.26M is not enough to cover its interest payments.

Failed Health Checks:

  • SSD has a relatively high debt to equity ratio of 0.58.
  • Total SSD debt is higher than 5 years ago, relative to shareholder equity.

Is it a good time to buy SSD stock, according to Wall Street analysts?

Out of 1 sell side analysts who give recommendations on SSD, the consensus analyst rating on SSD is a Buy

Please note that analyst ratings are not recommendations, nor are they investment advice.

You can dig deeper into what analysts are saying on the Simpson Manufacturing Co stock forecast page.

SSD Trading Indicators

SMA10
172.38
SMA20
175.07
SMA50
184.15
SMA100
188.26
SMA200
172.78
MACD
-3.28
MACD Signal
-3.6
MACD Histogram
0.31
RSI
43.61
Stochastic %K
30.89
Stochastic %D
29.93
StochRSI %K
52.96
StochRSI %D
46.73

SSD Performance Numbers

Last year, SSD earnings were $341.46M. During the past five year, SSD's earnings have gone up by 24.36% per year. This was faster than the Lumber & Wood Production industry average of 17.61%.

Last year, SSD revenue was $2.21B. In the last 5 year, SSD's revenue has increased by 15.11% per year. This was slower than the Lumber & Wood Production industry average of 23.03%.

You can research SSD's earnings and revenue performance here.

What are SSD executives and large shareholders up to?

Over the last year, executives and large shareholders at SSD have sold more shares than they have bought.

Jennifer Lutz, EVP Human Resources of SSD, was the latest SSD insider to sell. They sold $128,355.00 worth of SSD stock on May 20, 2024.

Dig into more about who owns SSD stock here.

Can I rely on SSD as an income stream?

Simpson Manufacturing Co pays a dividend of 0.62%, compared to the Lumber & Wood Production industry's average dividend yield of 0.8%. If you owned $1,000 worth of SSD stock, you would have been paid $6.24 in the past 12 months.

Simpson Manufacturing Co dividend payments have consistently grown over the past decade and have remained stable.

Get more data about Simpson Manufacturing Co dividend yield and history here.

SSD Social Trading Data

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Step 5: Make your SSD purchase

There are two main types of orders:

  • Market order: A market order is an order to buy or sell a stock at the best available price.
    Market orders are generally sufficient.
  • Limit order: A limit order is an order to buy or sell a security at a specific price (or better).
    If you want to make sure you're buying or selling at an exact dollar amount, place a limit order.

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Step 6: Get updates on your SSD investment

Now that you own some shares in SSD, you'll want to stay up-to-date on your investment.

Create a watchlist to see the latest developments about your SSD stock.

SSD Feed

How to Buy Stock in Simpson Manufacturing Co

To reiterate, here are the 6 steps for buying Simpson Manufacturing Co stock:

  1. Choose where to buy Simpson Manufacturing Co stock
  2. Sign up for your brokerage account
  3. Put funds into your brokerage account
  4. Evaluate Simpson Manufacturing Co stock
  5. Make your SSD purchase
  6. Get updates on your SSD investment

If you are looking for a brokerage, eToro is our favorite venue.

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eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you would like to get the latest scoop on your investment in Simpson Manufacturing Co, create a watchlist on WallStreetZen today.

NYSE: SSD
$173.01+2.32 (+1.36%)
Updated May 24, 2024
Open eToro Account
NYSE: SSD
$173.01+2.32 (+1.36%)
Updated May 24, 2024
Open eToro Account

FAQ

How much does it cost to buy one Simpson Manufacturing Co share?

As of May 24, 2024, it costs $173.01 to buy one share of Simpson Manufacturing Co stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $100, you can buy 0.578 shares of SSD.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Simpson Manufacturing Co stock?

According to 1 Wall Street analysts who monitor Simpson Manufacturing Co, their consensus recommendation is to buy Simpson Manufacturing Co stock.

What is the best way to buy Simpson Manufacturing Co stock?

One way to place an order for Simpson Manufacturing Co stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.