The Simply Good Foods Company (NASDAQ:SMPL) Receives Average Recommendation of "Hold" from Analysts

Key Points

• Analysts rate Simply Good Foods “Hold” on average: Of 13 covering firms, nine issued hold ratings, three issued buys and one issued a sell. The average 12-month price target is $14.45.
• The stock remains near its 12-month low: SMPL opened at $10.01, compared with a 12-month range of $9.74 to $26.29. Despite beating quarterly earnings and revenue estimates, sales fell 6.3% year over year and the company reported a negative net margin.
• Operational and legal concerns weigh on the outlook: A proposed shareholder class action alleges that the company overstated expectations for its OWYN brand, followed by a contraction and a $187 million impairment charge. Some analysts nevertheless argue the sharp decline may have left the shares undervalued.

The Simply Good Foods Company (NASDAQ:SMPL - Get Free Report) has been given an average recommendation of "Hold" by the thirteen ratings firms that are covering the firm, MarketBeat Ratings reports. One research analyst has rated the stock with a sell rating, nine have assigned a hold rating and three have assigned a buy rating to the company. The average 12-month price objective among brokers that have issued ratings on the stock in the last year is $14.4545.

A number of research analysts recently weighed in on SMPL shares. Jefferies Financial Group set a $15.00 price target on shares of Simply Good Foods in a research report on Wednesday, August 26th. Deutsche Bank Aktiengesellschaft reaffirmed a "hold" rating and issued a $14.00 price objective on shares of Simply Good Foods in a research report on Friday, July 10th. DA Davidson dropped their target price on shares of Simply Good Foods from $39.00 to $14.00 and set a "neutral" rating on the stock in a research report on Friday, July 10th. TD Cowen dropped their target price on shares of Simply Good Foods from $13.00 to $11.00 and set a "hold" rating on the stock in a research report on Wednesday, August 26th. Finally, Zacks Research raised Simply Good Foods from a "strong sell" rating to a "hold" rating in a report on Monday, June 8th.

More Simply Good Foods News

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

• Positive Sentiment: A Seeking Alpha analysis argues that Simply Good Foods may be undervalued despite execution problems, potentially attracting value-oriented investors after the stock’s sharp decline. Simply Good Foods: Too Tasty To Ignore, Even With Its Problems
• Neutral Sentiment: Multiple law firms reminded investors who bought SMPL shares between October 24, 2024, and April 8, 2026, that they may seek a lead-plaintiff role by October 13. These announcements are largely investor-solicitation notices and do not establish wrongdoing. Rosen SMPL Deadline Alert
• Negative Sentiment: The proposed class action alleges that Simply Good Foods overstated expectations for its OWYN brand, including projected fiscal 2025 net sales of $135 million to $145 million and double-digit growth. The allegations point to roughly 17% subsequent brand contraction, a $187 million impairment charge, and a major stock decline, raising concerns about management forecasts, acquisition integration, and potential litigation costs. SMPL Shareholder Alert

Simply Good Foods Trading Up 0.5%

Shares of Simply Good Foods stock opened at $10.01 on Wednesday. The company has a market capitalization of $885.48 million, a P/E ratio of -4.61 and a beta of 0.17. The stock has a fifty day simple moving average of $10.80 and a 200 day simple moving average of $12.18. Simply Good Foods has a 12-month low of $9.74 and a 12-month high of $26.29. The company has a current ratio of 4.80, a quick ratio of 3.10 and a debt-to-equity ratio of 0.28.

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

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of SMPL. Hantz Financial Services Inc. grew its stake in shares of Simply Good Foods by 82.3% during the 4th quarter. Hantz Financial Services Inc. now owns 1,787 shares of the financial services provider's stock worth $36,000 after acquiring an additional 807 shares during the period. Public Employees Retirement System of Ohio purchased a new stake in Simply Good Foods in the 2nd quarter worth about $30,000. Leonteq Securities AG raised its stake in Simply Good Foods by 96.2% in the 1st quarter. Leonteq Securities AG now owns 2,309 shares of the financial services provider's stock valued at $33,000 after acquiring an additional 1,132 shares during the period. EverSource Wealth Advisors LLC raised its stake in Simply Good Foods by 244.3% in the 1st quarter. EverSource Wealth Advisors LLC now owns 2,995 shares of the financial services provider's stock valued at $43,000 after acquiring an additional 2,125 shares during the period. Finally, Northwestern Mutual Wealth Management Co. purchased a new stake in Simply Good Foods during the second quarter valued at about $72,000. Institutional investors own 88.45% of the company's stock.

About Simply Good Foods

Simply Good Foods Co NASDAQ: SMPL is a consumer packaged food company focused on nutrition-focused snacks and beverages. Its portfolio is built around products that support low-carbohydrate, high-protein and better-for-you eating preferences.

The company's principal brands include Atkins, which offers nutrition bars, shakes, frozen meals, confectionery products and other low-carbohydrate foods, and Quest, which markets protein bars, cookies, chips, snacks, powders and ready-to-drink beverages.

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