The Simply Good Foods Company (NASDAQ:SMPL) Given Average Recommendation of "Hold" by Brokerages

Key Points

• Analysts collectively rate Simply Good Foods “Hold”: Nine of 13 brokerages recommend holding the stock, compared with three buy ratings and one sell rating. The average 12-month price target is $14.45.
• Shares opened at $10.93, near the company’s 52-week low of $9.88 and well below its $28.97 high. The stock has a market capitalization of approximately $967 million.
• Simply Good Foods exceeded quarterly earnings and revenue expectations, reporting EPS of $0.42 versus a $0.35 consensus and revenue of $356.98 million versus $332.99 million, although revenue declined 6.3% year over year. Institutional investors own 88.45% of the stock, while recent lawsuits allege investors were not adequately informed about issues related to the OWYN acquisition and integration.

The Simply Good Foods Company (NASDAQ:SMPL - Get Free Report) has been given an average rating of "Hold" by the thirteen ratings firms that are presently covering the company, MarketBeat reports. One investment analyst has rated the stock with a sell recommendation, nine have assigned a hold recommendation and three have given a buy recommendation to the company. The average 1-year price objective among brokerages that have issued a report on the stock in the last year is $14.4545.

SMPL has been the subject of a number of research reports. Deutsche Bank Aktiengesellschaft restated a "hold" rating and issued a $14.00 target price on shares of Simply Good Foods in a research note on Friday, July 10th. Weiss Ratings reissued a "sell (d)" rating on shares of Simply Good Foods in a report on Thursday, June 18th. DA Davidson lowered their price objective on shares of Simply Good Foods from $39.00 to $14.00 and set a "neutral" rating for the company in a research report on Friday, July 10th. Sanford C. Bernstein downgraded shares of Simply Good Foods from an "outperform" rating to a "market perform" rating and dropped their target price for the stock from $17.00 to $12.00 in a research note on Wednesday, June 3rd. Finally, Truist Financial set a $11.00 target price on shares of Simply Good Foods in a research report on Wednesday.

Simply Good Foods Price Performance

NASDAQ:SMPL opened at $10.93 on Friday. The company has a debt-to-equity ratio of 0.28, a quick ratio of 3.10 and a current ratio of 4.80. The company has a 50-day moving average of $11.60 and a 200-day moving average of $12.91. Simply Good Foods has a 52 week low of $9.88 and a 52 week high of $28.97. The company has a market capitalization of $966.87 million, a price-to-earnings ratio of -5.04 and a beta of 0.15.

Simply Good Foods (NASDAQ:SMPL - Get Free Report) last released its quarterly earnings data on Thursday, July 9th. The financial services provider reported $0.42 earnings per share for the quarter, beating analysts' consensus estimates of $0.35 by $0.07. The company had revenue of $356.98 million for the quarter, compared to the consensus estimate of $332.99 million. Simply Good Foods had a positive return on equity of 9.34% and a negative net margin of 14.28%.The company's quarterly revenue was down 6.3% on a year-over-year basis. During the same period in the previous year, the business earned $0.51 earnings per share. As a group, equities research analysts anticipate that Simply Good Foods will post 1.54 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Simply Good Foods

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Royal Bank of Canada increased its stake in Simply Good Foods by 9.0% in the first quarter. Royal Bank of Canada now owns 71,023 shares of the financial services provider's stock valued at $2,448,000 after purchasing an additional 5,893 shares in the last quarter. AQR Capital Management LLC boosted its position in shares of Simply Good Foods by 3.4% during the first quarter. AQR Capital Management LLC now owns 19,018 shares of the financial services provider's stock worth $656,000 after purchasing an additional 617 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in shares of Simply Good Foods by 5.5% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 54,819 shares of the financial services provider's stock valued at $1,891,000 after buying an additional 2,850 shares during the period. Caxton Associates LLP acquired a new position in shares of Simply Good Foods in the 1st quarter valued at $264,000. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its position in shares of Simply Good Foods by 10.7% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 224,229 shares of the financial services provider's stock valued at $7,734,000 after buying an additional 21,696 shares in the last quarter. 88.45% of the stock is owned by institutional investors.

Simply Good Foods News Roundup

Here are the key news stories impacting Simply Good Foods this week:

• Positive Sentiment: Investors who purchased SMPL shares during the specified class period may be eligible to seek compensation or appointment as lead plaintiff. The deadline to apply is October 13, 2026. Rosen class-action deadline article
• Neutral Sentiment: Several law firms, including Kaplan Fox, Robbins LLP, Rosen Law Firm and others, reiterated that a class action has been filed on behalf of investors who acquired Simply Good Foods securities between October 24, 2024, and April 8, 2026. These releases largely repeat previously reported allegations and solicit investors to participate in the litigation. Kaplan Fox class-action article
• Negative Sentiment: The lawsuits allege that Simply Good Foods and certain executives violated federal securities laws by failing to disclose problems with the OWYN acquisition and integration. The allegations reference the eventual $187 million impairment charge announced in April 2026, following earlier assurances that the $280 million integration was progressing as planned. Plaintiffs contend the disclosures contributed to a decline of more than 27% in the shares. The claims remain allegations and have not been proven in court. SMPL shareholder alert article
• Negative Sentiment: TD Cowen issued a pessimistic forecast for SMPL, adding to concerns about the company’s earnings outlook and valuation. Combined with the litigation over the OWYN impairment, the downgrade-like sentiment may reinforce uncertainty around future growth and management credibility. TD Cowen forecast article

About Simply Good Foods

Simply Good Foods Co NASDAQ: SMPL is a North American consumer packaged foods company specializing in better-for-you nutrition products. The company’s portfolio centers on two well-established brands, Atkins and Quest, which offer a range of low-carbohydrate, high-protein bars, powders, shakes, and snacks. Simply Good Foods aims to support consumers’ health and wellness goals by delivering convenient, nutrient-dense options without added sugars or artificial sweeteners.

Under the Atkins brand, the company produces meal replacements, snack bars, and ready-to-drink shakes designed for low-carb dieters.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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