Simpson Manufacturing Co., Inc. (SSD) is currently priced at $191.42, marking a $4.91 increase from the previous close, a 2.63% rise. The trading volume stands at $162,862, 49.45% higher than the average, indicating heightened investor interest.
In the latest quarterly earnings report announced on Sunday, April 26th, SSD beat consensus estimates with an EPS of $1.82, showcasing robust financial performance.
SSD offers a forward dividend yield of 0.606%, with a dividend per share MRQ of 29 cents and a yearly increase of 3.6036 cents. The trailing twelve months dividend per share stands at $1.16.
The company generated a free cash flow of $117.00 million, with notable activities including acquisitions netting $5.21 million. The net change in cash for the period was $86.83 million, leading to a closing cash balance of $384.14 million.
SSD reported revenue of $539.35 million, with a gross profit of $235 million. Operating income totaled $73.23 million, resulting in a net income of $56.21 million and an EPS of $1.36.
Key ratios reveal a healthy financial position, with a net profit margin of 10.42%, return on equity of 2.77%, and a price-to-earnings ratio of 29.69, indicating solid investor confidence.
The balance sheet highlights total assets of $3 billion, total liabilities at $1 billion, and net debt standing at $180 million, portraying stability and strategic financial management.
This comprehensive analysis illustrates SSD's robust performance and financial standing, positioning the company favorably in the market landscape.
Simpson Manufacturing Co., Inc., through its subsidiaries, designs, engineers, manufactures, and sells wood and concrete construction products. The company offers wood construction products, including connectors, truss plates, fastening systems, fasteners and shearwalls, and pre-fabricated lateral systems for use in light-frame construction; and concrete construction products comprising adhesives, specialty chemicals, mechanical anchors, carbide drill bits, powder actuated tools, fiber-reinforced materials, and other repair products for use in concrete, masonry, and steel construction, as well as grouts, coatings, sealers, mortars, fiberglass and fiber-reinforced polymer systems, and asphalt products for use in concrete construction repair, and strengthening and protection products. It also provides connectors and lateral products for wood framing, timber and offsite construction, structural steel construction, and cold-formed steel applications; and mechanical and adhesive anchors for concrete and masonry construction applications. In addition, the company offers engineering and design services, as well as software solutions that facilitate the specification, selection, and use of its products. It markets its products to the residential construction, light industrial and commercial construction, remodeling, and do-it-yourself markets in the United States, Canada, France, the United Kingdom, Germany, Denmark, Switzerland, Portugal, Poland, the Netherlands, Belgium, Spain, Sweden, Norway, Australia, New Zealand, China, Taiwan, and Vietnam. The company was founded in 1956 and is headquartered in Pleasanton, California.