Robert W. Baird analyst Timothy Wojs maintained a Buy rating on Simpson Manufacturing Co (NYSE:SSD) Inc on Thursday, setting a price target of $136, which is approximately 21.14% above the present share price of $112.27.
Wojs expects Simpson Manufacturing Co Inc to post earnings per share (EPS) of $1.16 for the second quarter of 2021.
The current consensus among 2 TipRanks analysts is for a Moderate Buy rating of shares in Simpson Manufacturing Co, with an average price target of $128.
The analysts price targets range from a high of $136 to a low of $120.
In its latest earnings report, released on 03/31/2021, the company reported a quarterly revenue of $347.64 million and a net profit of $68.3 million. The company's market cap is $4.88 billion.
According to TipRanks.com, Robert W. Baird analyst Timothy Wojs is currently ranked with 3 stars on a 0-5 stars ranking scale, with an average return of 4.9% and a 58.45% success rate.
Simpson Manufacturing Co., Inc. manufactures and markets building and construction solutions. It offers wood construction products which include connectors, truss plates, fastening systems, and lateral systems primarily used to strengthen, support, and connect wood applications in residential and commercial construction, as well as do-it-yourself (DIY) projects; and concrete construction products such as anchor; and repair, protection, and strengthening products for concrete, brick and masonry applications in industrial, infrastructure, residential commercial, and DYI projects. The firm operates through the following geographical segments: North America, Europe, and Asia/Pacific. The North America segment covers United States and Canada operations. The Europe segment includes operations primarily in France, the United Kingdom, Germany, Denmark, Switzerland, Portugal, Poland, The Netherlands, Belgium, Sweden, and Norway. The Asia/Pacific segment includes Australia, New Zealand, South Africa, China, Taiwan, and Vietnam. The company was founded by Barclay Simpson in 1956 and is headquartered in Pleasanton, CA.