SSD Price Prediction Next Week
Analysis and Insights
Fundamental Analysis:
Simpson Manufacturing (SSD) is scheduled to report earnings after the market close on Monday, which could significantly impact the stock price. The company has shown modest growth in net sales, with a 3.1% year-over-year increase, and is anticipating a low single-digit recovery in U.S. housing starts for 2025. Management has emphasized cost control and strategic investments, aiming to maintain an operating margin of at least 20% despite challenges like rising input costs and tariff uncertainties.
Technical Analysis:
The stock is currently trading at $166.36 with a mixed technical outlook:
- RSI: The RSI values (52.50 for RSI_6, 48.22 for RSI_12, and 47.90 for RSI_14) suggest the stock is not overbought or oversold.
- Stochastic Oscillator: The %K line (36.64) is above the %D line (25.95), indicating a potential buy signal.
- MACD: The MACD (-1.75) is bearish, but the MACD Histogram (-0.63) shows slight improvement.
- Moving Averages: The stock is below the SMA_20 (167.00) and SMA_60 (168.73), indicating bearish momentum, but it's approaching these levels, which could act as support.
- Bollinger Bands: The stock is near the middle band (167.00), suggesting a neutral zone with potential volatility.
- Fibonacci Levels: The stock is above the pivot (164.10) with resistance at 171.04 and support at 157.16.
Price Prediction and Recommendation:
Given the mixed technical indicators and the upcoming earnings report, the stock's direction will largely depend on the earnings outcome. If SSD beats expectations, the stock could rise towards the upper Fibonacci resistance level of 171.04. If the earnings disappoint, it may drop to the lower support level of 157.16.
Considering the current price of 166.36 and the potential impact of earnings, the target price for the next trading week is $168.00.
Recommendation: BUY if the earnings report exceeds expectations, as the stock has potential to rise towards the resistance level. If the earnings underperform, consider selling to limit losses.
SSD Similar Chart Price Prediction
The price of SSD is predicted to go up -0.65%, based on the high correlation periods with CASI. The similarity of these two price pattern on the periods is 92.73%.
SSD
CASI
Down: -0.65%Similarity: 92.73%
SSD Revenue Forecast
SSD EPS Forecast
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SSD Analyst's Forecast
Kurt Yinger
DA Davidson
Hold
2025-03-11
Price Target
$195 → $185
Upside
+16.39%
DA Davidson lowered the firm's price target on Simpson Manufacturing to $185 from $195 and keeps a Neutral rating on the shares. The firm is updating its model after hosting the company's management to discuss underlying demand trends, tariff impacts, potential price increases and pricing strategy, and the balance of investments to drive above-market growth while getting back to targeted operating margins, the analyst tells investors in a research note. The firm also prefers to have more clarity around the timing, magnitude, and success of potential price initiatives.
Timothy Wojs
Baird
Buy
2025-02-11
Price Target
$196 → $192
Upside
+13.39%
Timothy Wojs
Baird
Buy
2024-10-21
Price Target
$202 → $218
Upside
+17.11%
