Simply Good Foods (NASDAQ:SMPL - Get Free Report) issued its quarterly earnings data on Thursday. The financial services provider reported $0.51 earnings per share for the quarter, beating the consensus estimate of $0.50 by $0.01, RTT News reports. Simply Good Foods had a net margin of 10.31% and a return on equity of 10.39%. The company had revenue of $380,956 billion for the quarter, compared to analyst estimates of $381.68 million. During the same period in the prior year, the firm earned $0.50 earnings per share. The company's revenue was up 13.8% on a year-over-year basis.
Simply Good Foods Stock Down 0.1%
NASDAQ SMPL traded down $0.03 during midday trading on Thursday, hitting $32.31. 3,374,609 shares of the company traded hands, compared to its average volume of 992,197. The company's 50-day simple moving average is $33.94 and its 200-day simple moving average is $35.47. Simply Good Foods has a 52 week low of $29.31 and a 52 week high of $40.53. The company has a debt-to-equity ratio of 0.16, a current ratio of 4.27 and a quick ratio of 2.70. The company has a market cap of $3.26 billion, a PE ratio of 22.44, a price-to-earnings-growth ratio of 2.91 and a beta of 0.68.
Analyst Ratings Changes
SMPL has been the topic of a number of research reports. UBS Group set a $36.00 target price on shares of Simply Good Foods and gave the stock a "neutral" rating in a report on Tuesday, July 1st. Wall Street Zen cut Simply Good Foods from a "buy" rating to a "hold" rating in a research note on Saturday, June 21st. Morgan Stanley increased their target price on Simply Good Foods from $36.00 to $37.00 and gave the stock an "equal weight" rating in a research report on Thursday, April 10th. Mizuho raised their price target on Simply Good Foods from $45.00 to $47.00 and gave the company an "outperform" rating in a report on Friday, April 11th. Finally, Citigroup decreased their price objective on shares of Simply Good Foods from $43.00 to $40.00 and set a "buy" rating on the stock in a research report on Wednesday, June 18th. Four equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. According to MarketBeat.com, Simply Good Foods currently has an average rating of "Moderate Buy" and an average target price of $39.71.
Get Our Latest Stock Report on Simply Good Foods
Insider Activity at Simply Good Foods
In other Simply Good Foods news, SVP Stuart E. Jr. Heflin sold 5,000 shares of the business's stock in a transaction that occurred on Friday, April 11th. The shares were sold at an average price of $37.25, for a total transaction of $186,250.00. Following the sale, the senior vice president owned 12,839 shares of the company's stock, valued at approximately $478,252.75. The trade was a 28.03% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Corporate insiders own 9.35% of the company's stock.
Hedge Funds Weigh In On Simply Good Foods
A number of hedge funds have recently bought and sold shares of the business. Strs Ohio purchased a new stake in shares of Simply Good Foods in the first quarter valued at approximately $114,000. Caxton Associates LLP purchased a new position in Simply Good Foods in the first quarter valued at approximately $264,000. AQR Capital Management LLC lifted its holdings in shares of Simply Good Foods by 3.4% in the 1st quarter. AQR Capital Management LLC now owns 19,018 shares of the financial services provider's stock valued at $656,000 after purchasing an additional 617 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in 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 acquiring an additional 2,850 shares during the period. Finally, Royal Bank of Canada raised its stake in shares of Simply Good Foods by 9.0% during the first quarter. Royal Bank of Canada now owns 71,023 shares of the financial services provider's stock worth $2,448,000 after purchasing an additional 5,893 shares during the last quarter. Hedge funds and other institutional investors own 88.45% of the company's stock.
Simply Good Foods Company Profile
(
Get Free Report)
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.
Featured Articles

Before you consider Simply Good Foods, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Simply Good Foods wasn't on the list.
While Simply Good Foods currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's list of ten stocks that are set to soar in Summer 2025, despite the threat of tariffs and other economic uncertainty. These ten stocks are incredibly resilient and are likely to thrive in any economic environment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.