Simpson Manufacturing Stock Fair Value – Bank of New York Mellon Corp. Sells Shares of Simpson Manufacturing Co., in 2023
March 20, 2023
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In 2023, Bank of New York Mellon Corp. sold shares of Simpson Manufacturing ($NYSE:SSD) Co., Inc. Simpson Manufacturing is a company that manufactures industrial grade machinery and parts for various industries. They provide services to customers in different countries and offer products that are designed to meet the needs of various industries. The company’s products are mainly used in the manufacturing, construction, mining, and energy sectors.
Simpson Manufacturing has seen a significant increase in sales in recent years, largely due to the uptick in demand for their products from the various industries they serve. This has led to an increase in the company’s market capitalization, which has attracted the attention of Bank of New York Mellon Corp. The company was very pleased with the results of the sale and looks forward to continuing to grow their business in the future.
Price History
The stock opened at $101.9 and closed at $102.5, which was down 1.2% from its prior closing price of $103.7. This drop could be attributed to the news of the share sale, although it is too early to make any definitive conclusions on the matter. Investors will have to wait and see how the company’s performance and the market conditions evolve before the share sale in 2023. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Simpson Manufacturing. More…
| Total Revenues | Net Income | Net Margin |
| 2.12k | 334 | 16.5% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Simpson Manufacturing. More…
| Operations | Investing | Financing |
| 399.82 | -870.24 | 465.53 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Simpson Manufacturing. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 2.5k | 1.09k | 33.21 |
Key Ratios Snapshot
Some of the financial key ratios for Simpson Manufacturing are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 23.0% | 39.4% | 21.5% |
| FCF Margin | ROE | ROA |
| 15.7% | 20.7% | 11.4% |
Analysis – Simpson Manufacturing Stock Fair Value
At GoodWhale, one of our key mission is to help investors make data-driven decisions. To that end, we have recently analysed the financials of SIMPSON MANUFACTURING. Using our proprietary Valuation Line, we have calculated that the fair value of a share of SIMPSON MANUFACTURING is around $138.9. However, at the current market price of $102.5, SIMPSON MANUFACTURING stock appears to be undervalued by 26.2%. This could present an opportunity for investors to buy the stock at a relatively lower price, and reap rewards in the future. More…
Peers
Simpson Manufacturing Co Inc is one of the largest manufacturers of building materials in the United States. The company’s products are used in residential and commercial construction, as well as in industrial and infrastructure applications. Simpson has a diversified product portfolio that includes wood products, steel products, and concrete products. The company’s products are sold through a network of distributors and retailers. Simpson Manufacturing Co Inc has a strong market position in the United States, with a market share of approximately 15%. Simpson’s main competitors are Sankyo Tateyama Inc, Korporacja Budowlana Dom SA, and Licogi 16 JSC. These companies are all large manufacturers of building materials with a strong presence in the United States.
– Sankyo Tateyama Inc ($TSE:5932)
Sankyo Tateyama Inc is a Japanese company that manufactures and sells pharmaceuticals and medical devices. The company has a market capitalization of 16.87 billion as of 2022 and a return on equity of 0.94%. Sankyo Tateyama is a leading manufacturer of prescription drugs and over-the-counter drugs in Japan. The company also manufactures and sells medical devices, including blood pressure monitors, blood glucose monitors, and blood pressure cuffs.
– Korporacja Budowlana Dom SA ($LTS:0LZA)
Korporacja Budowlana Dom SA is a construction company that operates in Poland. The company focuses on the construction of residential, commercial, and industrial buildings. As of 2022, the company has a market cap of 2.65M and a ROE of 4.11%.
Summary
Simpson Manufacturing Co., Inc. is currently experiencing positive sentiment in the news, as the Bank of New York Mellon Corp. is set to sell off shares of the company in 2023. For investors, investing in Simpson Manufacturing may be a good option for the long term. Analysts suggest that the company’s financials are strong and it has an impressive track record of growth and profitability. With the upcoming sale of shares, investors may be able to capitalize on the potential upside of the stock.
Furthermore, the recent passage of business-friendly tax reforms should help to encourage investment in the company. The market outlook for Simpson Manufacturing is generally seen as positive, and investors now have the opportunity to capitalize on the potential long term value of the company’s stock.
