Is Simpson Manufacturing Co Stock a good buy in 2023, according to Wall Street analysts?
The consensus among 2 Wall Street analysts covering (NYSE: SSD) stock is to Buy SSD stock.
Out of 2 analysts, 0 (0%) are recommending SSD as a Strong Buy, 1 (50%) are recommending SSD as a Buy, 1 (50%) are recommending SSD as a Hold, 0 (0%) are recommending SSD as a Sell, and 0 (0%) are recommending SSD as a Strong Sell.
What is SSD's forecast return on equity (ROE) for 2023-2023?
(NYSE: SSD) forecast ROE is 19.28%, which is considered weak.
What is SSD's Price Target?
According to 2 Wall Street analysts that have issued a 1 year SSD price target, the average SSD price target is $137.50, with the highest SSD stock price forecast at $140.00 and the lowest SSD stock price forecast at $135.00.
On average, Wall Street analysts predict that Simpson Manufacturing Co's share price could reach $137.50 by Apr 25, 2024. The average Simpson Manufacturing Co stock price prediction forecasts a potential upside of 16.34% from the current SSD share price of $118.19.
What is SSD's forecast return on assets (ROA) for 2023-2023?
(NYSE: SSD) forecast ROA is 11.22%, which is lower than the forecast US Building Products & Equipment industry average of 11.52%.
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