Should I buy or sell Simply Good Foods stock right now?

6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Simply Good Foods in the last year. There are currently 2 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" SMPL shares. View SMPL analyst ratings or view top-rated stocks .

What is Simply Good Foods' stock price target for 2024?

6 brokers have issued 12-month target prices for Simply Good Foods' shares. Their SMPL share price targets range from $34.00 to $50.00. On average, they anticipate the company's share price to reach $41.17 in the next twelve months. This suggests a possible upside of 26.0% from the stock's current price. View analysts price targets for SMPL or view top-rated stocks among Wall Street analysts .

How have SMPL shares performed in 2024?

Simply Good Foods' stock was trading at $39.60 on January 1st, 2024. Since then, SMPL stock has decreased by 17.5% and is now trading at $32.66. View the best growth stocks for 2024 here .

Are investors shorting Simply Good Foods?

Simply Good Foods saw a decline in short interest in the month of March. As of March 31st, there was short interest totaling 2,970,000 shares, a decline of 32.3% from the March 15th total of 4,390,000 shares. Based on an average trading volume of 933,600 shares, the short-interest ratio is presently 3.2 days. Currently, 3.3% of the shares of the stock are sold short. View Simply Good Foods' Short Interest .

When is Simply Good Foods' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, July 4th 2024. View our SMPL earnings forecast .

How were Simply Good Foods' earnings last quarter?

The Simply Good Foods Company (NASDAQ:SMPL) issued its quarterly earnings results on Tuesday, October, 24th. The financial services provider reported $0.45 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.44 by $0.01. The financial services provider had revenue of $320.42 million for the quarter, compared to analysts' expectations of $319.55 million. Simply Good Foods had a trailing twelve-month return on equity of 10.12% and a net margin of 11.12%. The firm's revenue was up 16.9% on a year-over-year basis. During the same period in the prior year, the business earned $0.33 EPS.

What ETFs hold Simply Good Foods' stock?

ETFs with the largest weight of Simply Good Foods (NASDAQ:SMPL) stock in their portfolio include Invesco S&P SmallCap Consumer Staples ETF (PSCC) , Neuberger Berman Next Generation Connected Consumer ETF (NBCC) , Global X Health & Wellness ETF (BFIT) , iShares S&P Small-Cap 600 Growth ETF (IJT) , First Trust Nasdaq Food & Beverage ETF (FTXG) , ProShares MSCI Transformational Changes ETF (ANEW) and SPDR S&P SmallCap 600 ESG ETF (ESIX) . SPDR S&P 600 Small Cap ETF (SLY) .

What guidance has Simply Good Foods issued on next quarter's earnings?

Simply Good Foods updated its FY 2024 earnings guidance on Thursday, April, 4th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $1.3 billion-$1.3 billion, compared to the consensus revenue estimate of $1.3 billion.

What other stocks do shareholders of Simply Good Foods own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Simply Good Foods investors own include Marvell Technology (MRVL) , NVIDIA (NVDA) , Alibaba Group (BABA) , Tesla (TSLA) , Abbott Laboratories (ABT) , Advanced Micro Devices (AMD) , Pfizer (PFE) , Block (SQ) , AT&T (T) and Uber Technologies (UBER) .

Who are Simply Good Foods' major shareholders?

Simply Good Foods' stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Congress Asset Management Co. MA (1.31%), Congress Wealth Management LLC DE (0.20%), Diversified Trust Co (0.03%), Allspring Global Investments Holdings LLC (0.02%), Fulton Bank N.A. (0.01%) and Moody National Bank Trust Division (0.01%). Insiders that own company stock include Brian K Ratzan , C Scott Parker , Conyers Park Sponsor Llc, Geoff E Tanner , Jeremy Scott Ivie, Jill M Short , Joseph Scalzo , Linda Zink , Robert G Montgomery , Stuart E Jr Heflin , Susan Hunsberger , Timothy Allen Matthews and Timothy Richard Kraft . View institutional ownership trends .

How do I buy shares of Simply Good Foods?

Shares of SMPL stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

NASDAQ:SMPL

Simply Good Foods (SMPL) Stock Price, News & Analysis

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Free SMPL Stock Alerts

$32.86

+0.45 (+1.39%)

(As of 12:13 PM ET)

Compare

Today's Range: $32.29
▼
$32.88
50-Day Range: $31.75
▼
$36.36
52-Week Range: $30.00
▼
$43.00

Volume: 187,446 shs
Average Volume: 906,456 shs
Market Capitalization: $3.29 billion

P/E Ratio: 23.64
Dividend Yield: N/A
Price Target: $41.17

Get Simply Good Foods alerts:

Simply Good Foods MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.67 Rating Score
Upside/Downside: 26.0% Upside
$41.17 Price Target
Short Interest: Healthy
3.28% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 1.41
Based on 6 Articles This Week
Insider Trading: Selling Shares
$98,400 Sold Last Quarter
Proj. Earnings Growth: 9.36%
From $1.71 to $1.87 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.56 out of 5 stars

Consumer Staples Sector

18th out of 136 stocks

Food & Kindred Products Industry

2nd out of 14 stocks

4.3

Analyst's Opinion

Consensus Rating
Simply Good Foods has received a consensus rating of Moderate Buy. The company's average rating score is 2.67, and is based on 4 buy ratings, 2 hold ratings, and no sell ratings.
Amount of Analyst Coverage
Simply Good Foods has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

5.0

Short Interest

Percentage of Shares Shorted
3.28% of the float of Simply Good Foods has been sold short.
Short Interest Ratio / Days to Cover
Simply Good Foods has a short interest ratio ("days to cover") of 3.2, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Simply Good Foods has recently decreased by 32.35%, indicating that investor sentiment is improving significantly.

0.0

Dividend Strength

Dividend Yield
Simply Good Foods does not currently pay a dividend.
Dividend Growth
Simply Good Foods does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for SMPL.

3.6

News and Social Media Coverage

News Sentiment
Simply Good Foods has a news sentiment score of 1.41. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.53 average news sentiment score of Consumer Staples companies.
News Coverage This Week
MarketBeat has tracked 6 news articles for Simply Good Foods this week, compared to 4 articles on an average week.
Search Interest
10 people have searched for SMPL on MarketBeat in the last 30 days.
MarketBeat Follows
Only 1 people have added Simply Good Foods to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

3.3

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Simply Good Foods insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $98,400.00 in company stock.
Percentage Held by Insiders
10.98% of the stock of Simply Good Foods is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
88.45% of the stock of Simply Good Foods is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.9

Earnings and Valuation

Earnings Growth
Earnings for Simply Good Foods are expected to grow by 9.36% in the coming year, from $1.71 to $1.87 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Simply Good Foods is 23.50, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 135.64.
Price to Earnings Ratio vs. Sector
The P/E ratio of Simply Good Foods is 23.50, which means that it is trading at a more expensive P/E ratio than the Consumer Staples sector average P/E ratio of about 17.50.
Price to Earnings Growth Ratio
Simply Good Foods has a PEG Ratio of 2.42. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Simply Good Foods has a P/B Ratio of 1.98. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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About Simply Good Foods Stock (NASDAQ:SMPL)

The Simply Good Foods Company operates as a consumer-packaged food and beverage company in North America and internationally. The company develops, markets, and sells snacks and meal replacements. It offers protein bars, ready-to-drink shakes, sweet and salty snacks, cookies, protein chips, and recipes under the Atkins and Quest brand names. The company also provides confectionery products, such as full-size and mini peanut butter cups, and fudgey brownie and gooey caramel candy bites, chocolatey coated peanut candies, and coconutty caramel candy bars under Atkins Endulge brand name.It distributes its products to various retail channels, such as mass merchandise, grocery and drug channels, club stores, convenience stores, gas stations, and other channels. The company also sells its products through e-commerce channels, including questnutrition.com, atkins.com, amazon.com and others. The Simply Good Foods Company was founded in 2017 and is headquartered in Denver, Colorado.

SMPL Stock Price History

30 days | 90 days | 365 days | Advanced Chart

SMPL Stock News Headlines

April 19, 2024 | americanbankingnews.com

The Simply Good Foods Company (NASDAQ:SMPL) Given Average Rating of "Moderate Buy" by Brokerages

April 17, 2024 | msn.com

Simply Good Foods (SMPL) Price Target Decreased by 7.48% to 41.26

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April 13, 2024 | americanbankingnews.com

Simply Good Foods (NASDAQ:SMPL) Rating Reiterated by Morgan Stanley

April 8, 2024 | markets.businessinsider.com

Buy Rating Affirmed for Simply Good Foods Amidst Solid EBITDA Performance and Strategic Growth Potential

April 8, 2024 | finance.yahoo.com

The Simply Good Foods Company (NASDAQ:SMPL) Q2 2024 Earnings Call Transcript

April 6, 2024 | seekingalpha.com

The Simply Good Foods Company (SMPL) Q2 2024 Earnings Call Transcript

April 5, 2024 | finance.yahoo.com

The Simply Good Foods Co (SMPL) Q2 2024 Earnings Call Transcript Highlights: A Blend of Growth ...

April 19, 2024 | Darwin (Ad)

Your Next Portfolio Star: Revealing 2024's Top Stock Pick

April 5, 2024 | seekingalpha.com

Simply Good Foods: Now At Buyable Levels

April 5, 2024 | finance.yahoo.com

Simply Good Foods Second Quarter 2024 Earnings: EPS Beats Expectations, Revenues Lag

April 4, 2024 | markets.businessinsider.com

Simply Good Foods: Strong Buy Rating Despite Atkins Slowdown, Quest Growth and Financial Health Signal Positive Outlook

April 4, 2024 | finanznachrichten.de

SIMPLY GOOD FOODS COMPANY

April 4, 2024 | msn.com

Simply Good Foods Posts Mixed Q2 Results; Hopes On Protein Shake Developed For Consumers On Weight-loss Drug

April 4, 2024 | markets.businessinsider.com

Simply Good Foods Q2 Profit Rises, Tops Estimates; Cuts FY24 Sales Growth View

April 4, 2024 | msn.com

Simply Good Foods Non-GAAP EPS of $0.40 beats by $0.02, revenue of $312.2M misses by $4.04M

April 4, 2024 | finance.yahoo.com

Simply Good Foods (NASDAQ:SMPL) Reports Sales Below Analyst Estimates In Q1 Earnings

April 4, 2024 | msn.com

Simply Good Foods gains after margins improve in FQ2

April 4, 2024 | seekingalpha.com

The Simply Good Foods Company 2024 Q2 - Results - Earnings Call Presentation

April 4, 2024 | globenewswire.com

The Simply Good Foods Company Reports Fiscal Second Quarter 2024 Financial Results and Updates Full Fiscal Year 2024 Net Sales and Adjusted EBITDA Outlook

April 3, 2024 | msn.com

Simply Good Foods Q2 2024 Earnings Preview

April 3, 2024 | finance.yahoo.com

Simply Good Foods Earnings: What To Look For From SMPL

April 2, 2024 | finance.yahoo.com

The Return Trends At Simply Good Foods (NASDAQ:SMPL) Look Promising

March 28, 2024 | msn.com

Simply Good Foods Consumption Trends Looks Grim For Q2, Says Analyst

March 18, 2024 | markets.businessinsider.com

Simply Good Foods (SMPL) Receives a Buy from Bernstein

March 18, 2024 | globenewswire.com

Simply Good Foods to Report Second Quarter Fiscal Year 2024 Financial Results on Thursday, April 4, 2024

March 17, 2024 | finance.yahoo.com

Are The Simply Good Foods Company's (NASDAQ:SMPL) Fundamentals Good Enough to Warrant Buying Given The Stock's Recent Weakness?

See More Headlines

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Company Calendar

Last Earnings: 10/24/2023
Today: 4/19/2024
Next Earnings (Estimated): 7/04/2024
Fiscal Year End: 8/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Consumer Staples
Industry: Food & kindred products
Sub-Industry: Thrifts & Mortgage Finance
Current Symbol: NASDAQ:SMPL
CUSIP: 82886710
CIK: 1702744
Web: www.thesimplygoodfoodscompany.com
Phone: (303) 633-2840
Fax: N/A
Employees: 271
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $41.17
High Stock Price Target: $50.00
Low Stock Price Target: $34.00
Potential Upside/Downside: +27.0%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.67
Research Coverage: 6 Analysts

Profitability

EPS (Most Recent Fiscal Year): $1.39
Trailing P/E Ratio: 23.32
Forward P/E Ratio: 18.95
P/E Growth: 2.42
Net Income: $133.57 million
Net Margins: 11.12%
Pretax Margin: 14.74%
Return on Equity: 10.12%
Return on Assets: 7.62%

Debt

Debt-to-Equity Ratio: 0.14
Current Ratio: 4.20
Quick Ratio: 3.09

Sales & Book Value

Annual Sales: $1.24 billion
Price / Sales: 2.61
Cash Flow: $1.79 per share
Price / Cash Flow: 18.06
Book Value: $16.48 per share
Price / Book: 1.97

Miscellaneous

Outstanding Shares: 99,990,000
Free Float: 89,010,000
Market Cap: $3.24 billion
Optionable: Optionable
Beta: 0.69

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Key Executives

Mr. Geoff E. Tanner (Age 49)
CEO, President & Director
Comp: $1.24M
Mr. Joseph E. Scalzo (Age 65)
Executive Vice Chair
Comp: $1.36M
Mr. Shaun P. Mara (Age 59)
Chief Financial Officer
Comp: $736.52k
Mr. Timothy Richard Kraft (Age 44)
Chief Legal Officer, Corporate Secretary & Compliance Officer
Comp: $659.36k
Ms. Jill Short Clark (Age 56)
Chief Customer Officer
Comp: $575.7k
Ms. Linda M. Zink (Age 60)
Chief Growth Officer
Comp: $612.57k
Mr. Jason Bendure
Senior Vice President of Operations
Mr. Timothy A. Matthews (Age 44)
VP, Controller & Chief Accounting Officer
Mark Pogharian
Vice President of Investor Relations, Treasury & Business Development
Jennifer Livingston
Director of Communications

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

SMPL Stock Analysis - Frequently Asked Questions

Should I buy or sell Simply Good Foods stock right now?: 6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Simply Good Foods in the last year. There are currently 2 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" SMPL shares.
View SMPL analyst ratings or view top-rated stocks.
What is Simply Good Foods' stock price target for 2024?: 6 brokers have issued 12-month target prices for Simply Good Foods' shares. Their SMPL share price targets range from $34.00 to $50.00. On average, they anticipate the company's share price to reach $41.17 in the next twelve months. This suggests a possible upside of 26.0% from the stock's current price.
View analysts price targets for SMPL or view top-rated stocks among Wall Street analysts.
How have SMPL shares performed in 2024?: Simply Good Foods' stock was trading at $39.60 on January 1st, 2024. Since then, SMPL stock has decreased by 17.5% and is now trading at $32.66.
View the best growth stocks for 2024 here.
Are investors shorting Simply Good Foods?: Simply Good Foods saw a decline in short interest in the month of March. As of March 31st, there was short interest totaling 2,970,000 shares, a decline of 32.3% from the March 15th total of 4,390,000 shares. Based on an average trading volume of 933,600 shares, the short-interest ratio is presently 3.2 days. Currently, 3.3% of the shares of the stock are sold short.
View Simply Good Foods' Short Interest.
When is Simply Good Foods' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, July 4th 2024.
View our SMPL earnings forecast.
How were Simply Good Foods' earnings last quarter?: The Simply Good Foods Company (NASDAQ:SMPL) issued its quarterly earnings results on Tuesday, October, 24th. The financial services provider reported $0.45 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.44 by $0.01. The financial services provider had revenue of $320.42 million for the quarter, compared to analysts' expectations of $319.55 million. Simply Good Foods had a trailing twelve-month return on equity of 10.12% and a net margin of 11.12%. The firm's revenue was up 16.9% on a year-over-year basis. During the same period in the prior year, the business earned $0.33 EPS.

What ETFs hold Simply Good Foods' stock?: ETFs with the largest weight of Simply Good Foods (NASDAQ:SMPL) stock in their portfolio include Invesco S&P SmallCap Consumer Staples ETF (PSCC), Neuberger Berman Next Generation Connected Consumer ETF (NBCC), Global X Health & Wellness ETF (BFIT), iShares S&P Small-Cap 600 Growth ETF (IJT), First Trust Nasdaq Food & Beverage ETF (FTXG), ProShares MSCI Transformational Changes ETF (ANEW) and SPDR S&P SmallCap 600 ESG ETF (ESIX).SPDR S&P 600 Small Cap ETF (SLY).
What guidance has Simply Good Foods issued on next quarter's earnings?: Simply Good Foods updated its FY 2024 earnings guidance on Thursday, April, 4th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $1.3 billion-$1.3 billion, compared to the consensus revenue estimate of $1.3 billion.
What other stocks do shareholders of Simply Good Foods own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Simply Good Foods investors own include Marvell Technology (MRVL), NVIDIA (NVDA), Alibaba Group (BABA), Tesla (TSLA), Abbott Laboratories (ABT), Advanced Micro Devices (AMD), Pfizer (PFE), Block (SQ), AT&T (T) and Uber Technologies (UBER).
Who are Simply Good Foods' major shareholders?: Simply Good Foods' stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Congress Asset Management Co. MA (1.31%), Congress Wealth Management LLC DE (0.20%), Diversified Trust Co (0.03%), Allspring Global Investments Holdings LLC (0.02%), Fulton Bank N.A. (0.01%) and Moody National Bank Trust Division (0.01%). Insiders that own company stock include Brian K Ratzan, C Scott Parker, Conyers Park Sponsor Llc, Geoff E Tanner, Jeremy Scott Ivie, Jill M Short, Joseph Scalzo, Linda Zink, Robert G Montgomery, Stuart E Jr Heflin, Susan Hunsberger, Timothy Allen Matthews and Timothy Richard Kraft.
View institutional ownership trends.
How do I buy shares of Simply Good Foods?: Shares of SMPL stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:SMPL) was last updated on 4/19/2024 by MarketBeat.com Staff

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Simply Good Foods (SMPL) Stock Price, News & Analysis

Simply Good Foods MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Simply Good Foods Stock (NASDAQ:SMPL)

SMPL Stock Price History

SMPL Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders & Institutions

SMPL Stock Analysis - Frequently Asked Questions

Overall MarketRank^™