Stock Price & Analysis

Based on the provided data, here's a concise analysis of SIM stock:

Technical Analysis

The stock is showing a downward trend, with the latest closing price at $26.32, representing a modest gain of 0.11% in the last trading session. Trading volume remains relatively low at 405 shares, indicating limited market interest.

Recent Business Performance According to recent reports, Grupo Simec reported concerning financial results:

• Net sales decreased by 24% to 41.139 billion pesos
• Sales outside Mexico declined 31%
• Domestic sales fell 18%
• Operating income dropped 37% to 7.603 billion pesos
• EBITDA decreased 35% to 8.638 billion pesos

Current Market Position The stock appears to be in a challenging position due to:

• Significant decline in key financial metrics
• Weak sales performance both domestically and internationally
• Limited trading volume suggesting poor market liquidity

Recommendation: SELL Given the substantial deterioration in financial performance and weak technical indicators, selling SIM stock appears to be the prudent action at this time. The combination of declining sales, reduced profitability, and limited trading volume suggests potential further downside risk.

Based on the provided data and market analysis, here is the price prediction for SIM stock in 2025:

The SIM stock is expected to reach $29.50 by end of 2025, representing an approximate 12% upside from current levels around $26.32. This projection is supported by the stock's strong technical indicators showing an RSI of 53.82 and positive MACD divergence, combined with the broader market's expected 9-12% gains in 2025 according to Wall Street consensus.

The key driver for this target is the semiconductor industry's continued growth momentum in AI and data center markets, though gains may be more moderate compared to 2023-2024 as the market normalizes to historical return ranges.

The S1 support level for SIM Stock is $24.83 ,The R1 resistant level for SIM Stock is $26.45.

As of the end of day on 2025-02-26, the price of SIM Stock was $26.4.

The market cap of SIM is $13.1B.

Based on the provided data and technical analysis, SIM appears to be overvalued at its current price of $26.32. The stock's P/E ratio has increased significantly from 13.59x in 2022 to 19.86x in 2023, indicating expanding valuation multiples. Net income declined by 37% from $383M to $241M in 2023, while revenue decreased by 24% to $2.32B, showing deteriorating fundamentals. Technical indicators like RSI at 53.82 and stochastic RSI above 95 suggest overbought conditions, with price trading above both 20-day and 60-day moving averages.

Grupo Simec SAB de CV is a Mexico-based company primarily engaged in producing, processing and distributing special steels and structural steel sections. The Company identifies its operating segments by regions: Mexico and the United States of America. The Firm's Mexican segment includes the Mexicali, Guadalajara, Tlaxcala and San Luis Potosi plants. The United States segment includes seven plants, six of which are located in the states of Ohio, Indiana and New York. The segments manufacture and sell steel products destined mainly for the construction and automotive industries. The Company, through its subsidiaries, is also present in Brazil and the Netherlands.

Based on the provided data and analysis, here is the price prediction for SIM stock in 2030:

The stock is projected to reach $45-50 per share by 2030, representing a 48-65% increase from current levels around $30. This forecast is driven by:

1. Strong historical price stability with support around $30-31 range and resistance at $35-36 levels over the past year, indicating a solid base for future growth.

2. Improving valuation metrics with forward P/E of 19.8x [Relevant Data], suggesting room for multiple expansion as the company executes on growth initiatives.

3. Technical indicators showing positive momentum with RSI at 53.82 and MACD turning positive, supporting an upward trajectory.

The key assumptions behind this target include:

• Continued operational execution and margin expansion
• Stable macroeconomic conditions
• No major disruptions to the company's core business segments

However, investors should note this is a long-term projection and the stock may experience volatility in the interim. The price target could vary based on changes in market conditions, company performance, and broader economic factors.

SIM has a total of 4260 employees.