Simpson Manufacturing Co., Inc.’s share price was $162.12 on July 22nd, with a trailing P/E of 21.11. The company is a leader in North America’s engineered structural connectors market, with an exceptional competitive moat and strong brand reputation for safety and reliability. Its connectors are specified in building codes, creating switching costs and ensuring market dominance. Simpson benefits from secular growth trends in housing construction and building code requirements, providing a long-term growth tailwind. The company’s disciplined management team has a track record of operational excellence and effective capital allocation, generating robust free cash flow for innovation and returning capital to shareholders. Simpson is well-positioned to capitalize on the increasing importance of building safety and resilience, delivering steady growth and shareholder value over time.
Read more at Yahoo Finance: Simpson Manufacturing Co., Inc. (SSD): A Bull Case Theory