NYSEAMERICAN:SIM

Grupo Simec - SIM Stock Forecast, Price & News

$29.80

+0.15 (+0.51%)

(As of 08/16/2022 12:00 AM ET)

Add

Compare

Today's Range: $29.79
▼
$29.80
50-Day Range: N/A
52-Week Range: $21.01
▼
$36.27

Volume: 1,189 shs
Average Volume: 3,712 shs
Market Capitalization: $4.59 billion

P/E Ratio: 11.04
Dividend Yield: N/A
Price Target: N/A

About Grupo Simec (NYSEAMERICAN:SIM) Stock

Grupo Simec, S.A.B. de C.V. manufactures, processes, and distributes special bar quality (SBQ) steel and steel alloys products in Mexico, the United States, Brazil, Canada, Latin America, and internationally. The company produces I-beams, channels, structural and commercial angles, hot rolled bars, flat bars, rebars, cold finished bars, electro-welded wire mesh and mesh panels, and wire rods, as well as semi-finished tube rounds and other semi-finished trade products. Its SBQ steel products are used across a range of engineered end-user applications, including axles, hubs, and crankshafts for automobiles and light trucks, machine tools, and off-highway equipment; and structural steel products are used in the non-residential construction market and other construction applications. The company also exports its steel products to Central and South America, and Europe. The company was founded in 1934 and is headquartered in Guadalajara, Mexico. Grupo Simec, S.A.B. de C.V. is a subsidiary of Industrias CH, S.A.B. de C.V.

Receive SIM Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Grupo Simec and its competitors with MarketBeat's FREE daily newsletter.

SIM Stock News Headlines

July 20, 2022 | finance.yahoo.com

GRUPO SIMEC ANNOUNCES RESULTS OF OPERATIONS FOR THE FIRST SIX MONTHS OF 2022

April 28, 2022 | finance.yahoo.com

GRUPO SIMEC ANNOUNCES RESULTS OF OPERATIONS FOR THE FIRST QUARTER, OF 2022, ENDED MARCH 31, 2022

April 28, 2022 | finance.yahoo.com

Grupo Simec Announces Results of Operations for the Twelve-Month Period Ended December 31, 2021 Audited

April 20, 2022 | finance.yahoo.com

M Split Corp. Monthly Dividend Declared for Class I Preferred Shares

April 19, 2022 | nasdaq.com

Grupo SIMEC SAB de CV Unsponsored ADR Class B Shares Close the Day 14.5% Lower - Daily Wrap

April 14, 2022 | nasdaq.com

Grupo SIMEC SAB de CV Unsponsored ADR Class B Shares Close the Day 13.4% Lower - Daily Wrap

April 8, 2022 | nasdaq.com

Grupo SIMEC SAB de CV Unsponsored ADR Class B Shares Close the Day 22.8% Lower - Daily Wrap

February 16, 2022 | finance.yahoo.com

GRUPO SIMEC ANNOUNCES RESULTS OF OPERATIONS FOR THE TWELVE-MONTH PERIOD ENDED DECEMBER 31, 2021

January 13, 2022 | nasdaq.com

Grupo SIMEC SAB de CV Unsponsored ADR Class B Shares Close the Day 11.9% Higher - Daily Wrap

December 25, 2021 | nasdaq.com

Grupo SIMEC SAB de CV Unsponsored ADR Class B Shares Close the Day 10.9% Higher - Daily Wrap

December 3, 2021 | marketwatch.com

Steel Round Bars Market 2021 : Global Industry Analysis, Trends, Market Size and Forecasts Up to 2027 with Dominant Sectors and Countries Data

October 28, 2021 | uk.finance.yahoo.com

Grupo Simec Announces Results Of Operations For The First Nine Months Of 2021

October 27, 2021 | finance.yahoo.com

Mexican Group SIMEC's Brazilian Steel Mill Nears Completion, an Industrial Info News Alert

September 25, 2021 | wsj.com

Grupo Simec S.A.B. de C.V. ADR

July 16, 2021 | nasdaq.com

Grupo Simec, S.A.B. de C.V. American Depositary Shares (SIM)

July 15, 2021 | benzinga.com

Grupo Simec Reports H1 2021 Net Sales Ps.28,613M Vs Ps.16,096M YoY

July 13, 2021 | finance.yahoo.com

Grupo Simec Announces Results of Operations for the First Six Months of 2021

July 13, 2021 | seekingalpha.com

Grupo Simec, S.A.B. de C.V. reports 1H results

May 25, 2021 | finance.yahoo.com

Grupo Simec Files Its Form 20-F For The 2020 Financial Year

May 4, 2021 | marketwatch.com

Steel Round Bars Market Size Report 2021 by Global Industry Analysis, Trends, Production, Revenue, Gross Margin Analysis and Forecast 2027

May 3, 2021 | finance.yahoo.com

Grupo Simec Announces Results of Operations for the Twelve-Month Period Ended December 31, 2020 Audited

April 30, 2021 | finance.yahoo.com

Grupo Simec Announces Results of Operations for the First Quarter, of 2021, Ended March 31, 2021

April 20, 2021 | finance.yahoo.com

Are Strong Financial Prospects The Force That Is Driving The Momentum In Grupo Simec, S.A.B. de C.V.'s NYSEMKT:SIM) Stock?

April 10, 2021 | msn.com

SMALL CAP MOVERS: Simec Atlantis Energy enjoys a good week but Hurricane Energy blows out

February 18, 2021 | finance.yahoo.com

Can Grupo Simec. de (NYSEMKT:SIM) Continue To Grow Its Returns On Capital?

See More Headlines

30 days | 90 days | 365 days | Advanced Chart

Receive SIM Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Grupo Simec and its competitors with MarketBeat's FREE daily newsletter.

SIM Company Calendar

Last Earnings: 11/17/2014
Today: 8/17/2022
Fiscal Year End: 12/31/2022

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSEAMERICAN
Industry: Blast furnaces & steel mills
Sub-Industry: N/A
Sector: Basic Materials
Current Symbol: NYSEAMERICAN:SIM
CUSIP: N/A
CIK: N/A
Web: www.gsimec.com.mx
Phone: 523337706700
Fax: 52-33-3770-6710
Employees: 5,331
Year Founded: N/A

Profitability

EPS (Most Recent Fiscal Year): $2.70
Trailing P/E Ratio: 11.04
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $131.24 million
Net Margins: 17.05%
Pretax Margin: N/A
Return on Equity: 22.38%
Return on Assets: 17.96%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 3.45
Quick Ratio: 2.30

Sales & Book Value

Annual Sales: $1.69 billion
Price / Sales: 2.73
Cash Flow: $1.89 per share
Price / Cash Flow: 15.73
Book Value: $10.01 per share
Price / Book: 2.98

Miscellaneous

Outstanding Shares: 154,194,000
Free Float: N/A
Market Cap: $4.59 billion
Optionable: Not Optionable
Beta: 0.50

Key Executives

Engineer Rufino Vigil Gonzalez (Age 74)
Chairman & CEO
Mr. Mario Moreno Cortez (Age 54)
Financial Coordinator
Mr. Armando Rueda Granados (Age 57)
Chief Operating Officer
Lic. Lourdes Ivonne Massimi Malo
Corp. Legal Mang. & Sec.

Key Competitors

View All Competitors

Insiders & Institutions

Renaissance Technologies LLC
Sold 2,800 shares on 8/13/2022
Ownership: 0.152%

View All Insider Transactions
View All Institutional Transactions

SIM Stock - Frequently Asked Questions

Are investors shorting Grupo Simec?: Grupo Simec saw a drop in short interest in the month of July. As of July 31st, there was short interest totaling 2,100 shares, a drop of 43.2% from the July 15th total of 3,700 shares. Based on an average trading volume of 1,900 shares, the short-interest ratio is currently 1.1 days.
View Grupo Simec's Short Interest.
How were Grupo Simec's earnings last quarter?: Grupo Simec, S.A.B. de C.V. (NYSEAMERICAN:SIM) released its quarterly earnings results on Monday, November, 17th. The basic materials company reported $0.21 earnings per share for the quarter, missing analysts' consensus estimates of $0.28 by $0.07. Grupo Simec had a trailing twelve-month return on equity of 22.38% and a net margin of 17.05%.
What other stocks do shareholders of Grupo Simec own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Grupo Simec investors own include Energy Transfer (ET), Agios Pharmaceuticals (AGIO), Eastman Chemical (EMN), General Motors (GM), Kohl's (KSS), Altria Group (MO), Marathon Petroleum (MPC), Tapestry (TPR), Walgreens Boots Alliance (WBA) and WestRock (WRK).
What is Grupo Simec's stock symbol?: Grupo Simec trades on the New York Stock Exchange (NYSE)AMERICAN under the ticker symbol "SIM."

Who are Grupo Simec's major shareholders?: Grupo Simec's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Renaissance Technologies LLC (0.15%) and Concourse Financial Group Securities Inc. (0.00%).
How do I buy shares of Grupo Simec?: Shares of SIM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Grupo Simec's stock price today?: One share of SIM stock can currently be purchased for approximately $29.80.
How much money does Grupo Simec make?: Grupo Simec (NYSEAMERICAN:SIM) has a market capitalization of $4.59 billion and generates $1.69 billion in revenue each year. The basic materials company earns $131.24 million in net income (profit) each year or $2.70 on an earnings per share basis.
How many employees does Grupo Simec have?: The company employs 5,331 workers across the globe.
How can I contact Grupo Simec?: Grupo Simec's mailing address is Edificio A Segundo Piso Av. Lazaro Cardenas 601 Col. La Nogalera, GUADALAJARA, 44470, Mexico. The official website for the company is www.gsimec.com.mx. The basic materials company can be reached via phone at 523337706700, via email at ventas02@industriasch.com, or via fax at 52-33-3770-6710.

This page (NYSEAMERICAN:SIM) was last updated on 8/17/2022 by MarketBeat.com Staff

30 Days of MarketBeat All Access for $1.00

Best-in-Class Portfolio Monitoring
View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.
Stock Ideas and Recommendations
Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report.
Advanced Stock Screeners and Research Tools
Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis.

Start Your Risk-Free Trial Subscription Here