SSD

Simpson Manufacturing Co., Inc.

Industrial/Transportation


Presented:01/29/2018
Price:$59.75
Cap:$2.85B
Current Price:$193.30
Cap:$8.15B

Presented

Date01/29/2018
Price$59.75
Market Cap$2.85B
Ent Value$2.14B
P/E Ratio29.58x
Book Value$19.36
Div Yield1.4%
Shares O/S47.69M
Ave Daily Vol260,874
Short Int4.76%

Current

Price$193.30
Market Cap$8.15B
Simpson Manufacturing Co., Inc. manufactures and markets building and construction products. It offers wood connector, truss plates, fasteners, screw drivers, moment frames, pre-fabricated wood and steel shear walls, rod tie down solutions, anchoring systems, fiberglass jackets, and commercial clips. The company provides products through its subsidiary. Simpson Manufacturing was founded by Barclay Simpson in 1956 and is headquartered in Pleasanton, CA.

Publicly traded companies mentioned herein: Simpson Manufacturing Co Inc (SSD)

Highlights

The presenter is long shares of Simpson Manufacturing (SSD), seeing upside from the company’s “2020 Plan,” focused on driving organic growth while reducing costs to be more in line with peers. This coincides with favorable cyclical tailwinds in US housing end-markets, particularly single-family homes. The presenter sees SSD shares appreciating to $80, from $60 today, on 22x $3.63 in 2019 earnings.

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Idea Discussion

Commentor 1 - 2 weeks ago

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