Analysts See $0.23 EPS for Grupo Simec, S.A.B. de C.V. (SIM)

Analysts expect Grupo Simec, S.A.B. de C.V. (NYSEAMERICAN:SIM) to report $0.23 EPS on July, 22.They anticipate $0.02 EPS change or 9.52 % from last quarter’s $0.21 EPS. SIM’s profit would be $38.55 million giving it 9.20 P/E if the $0.23 EPS is correct. After having $0.31 EPS previously, Grupo Simec, S.A.B. de C.V.’s analysts see -25.81 % EPS growth. The stock increased 2.05% or $0.17 during the last trading session, reaching $8.46. About 871 shares traded. Grupo Simec, S.A.B. de C.V. (NYSEAMERICAN:SIM) has declined 10.34% since July 14, 2018 and is downtrending. It has underperformed by 14.77% the S&P500.

Grupo Simec, S.A.B. de C.V. manufactures, processes, and distributes iron and steel alloy products in North America. The company has market cap of $1.42 billion. The firm produces I-beams, channels, structural and commercial angles, hot rolled bars, flat bars, rebars, cold finished bars, and wire rods, as well as semi-finished tube rounds and other semi-finished trade products. It has a 9.65 P/E ratio. The Company’s 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.

More notable recent Grupo Simec, S.A.B. de C.V. (NYSEAMERICAN:SIM) news were published by: Globenewswire.com which released: “Network-1 Receives Another New Patent from U.S. Patent Office Expanding Its M2M/IoT Patent Portfolio to Include 19 Issued Patents – GlobeNewswire” on January 09, 2019, also Warriortradingnews.com with their article: “Command Security | $MOC Stock | Shares Rise Sharply On Acquisition Agreement – Warrior Trading News” published on September 19, 2018, Stockhouse.com published: “Siyata Gets Green Light from AT&T for a Slice of $100 Billion FirstNet Roll-Out – Stockhouse” on June 05, 2019. More interesting news about Grupo Simec, S.A.B. de C.V. (NYSEAMERICAN:SIM) were released by: Businesswire.com and their article: “Eagle Capital Growth Fund Finalizes Year-End Distribution of $0.53 Per Share – Business Wire” published on December 28, 2018 as well as Nasdaq.com‘s news article titled: “Intelligent Systems Responds to Recent “Short and Distort” Reports and Schedules Upcoming Conference Call – Nasdaq” with publication date: June 03, 2019.

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