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 $170.82, up 1.63% from the previous day, and has increased 44.65% in one year. It has overperformed other stocks in the Lumber & Wood Production industry by 0.23 percentage points. Simpson Manufacturing Co stock is currently +45.89% from its 52-week low of $117.09, and -21.78% from its 52-week high of $218.38.
There are currently 42.47M shares of SSD outstanding. The market value of SSD is $7.25B. In the past 24 hours, 551,296 SSD shares were traded.
How to Buy Simpson Manufacturing Co Stock
Wondering how to invest in Simpson Manufacturing Co stock? Here's how.
- 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.
- Sign up for your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
- Put funds into your brokerage account: Select your payment method and add your details.
- 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).
- 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.
- 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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Open eToro AccountStep 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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- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
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Step 3: Put funds into your brokerage account
Now that you've opened your account on the best free stock trading app, you need to deposit funds:
Watch the tutorial below for more details depositing money into your new investment account.
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 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 20.56x, relative to Lumber & Wood Production industry P/E ratio of -10.85x
- SSD could be overvalued based on its P/B ratio of 4.32x, relative to Lumber & Wood Production industry P/B ratio of 1.71x
- SSD could be overvalued based on its PEG ratio of 1.13x
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 15.8% to 16% 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 $427.02M allows it to safely service it's debt of $536.62M.
- There are more short-term assets than long-term liabilities on the SSD balance sheet.
- SSD earnings of $473.16M is not enough to cover its interest payments.
Failed Health Checks:
- SSD has a relatively high debt to equity ratio of 0.61.
- 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
SSD Performance Numbers
Last year, SSD earnings were $353.99M. During the past five year, SSD's earnings have gone up by 24.84% per year. This was faster than the Lumber & Wood Production industry average of 17.78%.
Last year, SSD revenue was $2.21B. In the last 5 year, SSD's revenue has increased by 15.46% per year. This was slower than the Lumber & Wood Production industry average of 22.39%.
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.
Roger Dankel, EVP NA Sales of SSD, was the latest SSD insider to sell. They sold $168,368.00 worth of SSD stock on Mar 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 0.63%, compared to the Lumber & Wood Production industry's average dividend yield of 0.84%. If you owned $1,000 worth of SSD stock, you would have been paid $6.32 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
One of the primary reasons eToro is our highest-rated brokerage is because of its social trading community.
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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.
Click the Open Trade button and eToro will execute the order.
If you require additional info about investing in stocks on eToro, watch the how to video below:
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:
- Choose where to buy Simpson Manufacturing Co stock
- Sign up for your brokerage account
- Put funds into your brokerage account
- Evaluate Simpson Manufacturing Co stock
- Make your SSD purchase
- Get updates on your SSD investment
If you are looking for a brokerage, eToro is our favorite venue.
Get Started with eToro TodayIf you would like to get the latest scoop on your investment in Simpson Manufacturing Co, create a watchlist on WallStreetZen today.
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