The Simply Good Foods Stock Forecast, Price & News

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for The Simply Good Foods in the last twelve months. There are currently 6 hold ratings, 5 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" The Simply Good Foods stock.
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The Simply Good Foods saw a decline in short interest during the month of May. As of May 28th, there was short interest totaling 2,900,000 shares, a decline of 13.4% from the May 13th total of 3,350,000 shares. Based on an average daily volume of 596,600 shares, the short-interest ratio is currently 4.9 days. Currently, 3.4% of the shares of the company are sold short.
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The Simply Good Foods is scheduled to release its next quarterly earnings announcement on Wednesday, July 14th 2021.
View our earnings forecast for The Simply Good Foods.

The Simply Good Foods Company (NASDAQ:SMPL) posted its earnings results on Tuesday, April, 6th. The financial services provider reported $0.25 earnings per share for the quarter, beating analysts' consensus estimates of $0.23 by $0.02. The financial services provider earned $230.60 million during the quarter, compared to the consensus estimate of $230.03 million. The Simply Good Foods had a net margin of 7.84% and a trailing twelve-month return on equity of 7.60%. The company's revenue was up 1.5% on a year-over-year basis. During the same quarter last year, the company posted $0.23 earnings per share.
View The Simply Good Foods' earnings history.

The Simply Good Foods' stock was trading at $16.50 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, SMPL stock has increased by 116.7% and is now trading at $35.75.
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The Simply Good Foods updated its FY 2021 earnings guidance on Tuesday, May, 4th. The company provided earnings per share guidance of 1.070-1.110 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.030. The company issued revenue guidance of $930 million-$940 million, compared to the consensus revenue estimate of $928.73 million.

12 equities research analysts have issued 1 year price objectives for The Simply Good Foods' stock. Their forecasts range from $26.00 to $36.00. On average, they anticipate The Simply Good Foods' stock price to reach $32.15 in the next twelve months. This suggests that the stock has a possible downside of 10.1%.
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Some companies that are related to The Simply Good Foods include People's United Financial (PBCT), TFS Financial (TFSL), New York Community Bancorp (NYCB), MGIC Investment (MTG), Radian Group (RDN), Walker & Dunlop (WD), LendingTree (TREE), WSFS Financial (WSFS), Washington Federal (WAFD), Provident Financial Services (PFS), Northwest Bancshares (NWBI), Capitol Federal Financial (CFFN), Berkshire Hills Bancorp (BHLB), OceanFirst Financial (OCFC) and Brookline Bancorp (BRKL).
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Based on aggregate information from My MarketBeat watchlists, some companies that other The 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), Square (SQ), AT&T (T) and Uber Technologies (UBER).

The Simply Good Foods trades on the NASDAQ under the ticker symbol "SMPL."

The Simply Good Foods' stock is owned by many different retail and institutional investors. Top institutional shareholders include BlackRock Inc. (14.17%), Champlain Investment Partners LLC (6.29%), Janus Henderson Group PLC (2.93%), Scopus Asset Management L.P. (2.48%), Loomis Sayles & Co. L P (2.46%) and Price T Rowe Associates Inc. MD (2.43%). Company insiders that own The Simply Good Foods stock include Brian K Ratzan, C Scott Parker, Clayton C Daley Jr, Hanno E Holm, James D White, James E Healey, James M Kilts, Joseph Scalzo, Nomi Ghez, Robert G Montgomery and Todd E Cunfer.
View institutional ownership trends for The Simply Good Foods.

SMPL stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., Point72 Asset Management L.P., Emerald Mutual Fund Advisers Trust, Morgan Stanley, Emerald Advisers LLC, Goldman Sachs Group Inc., Janus Henderson Group PLC, and Chilton Investment Co. LLC.
View insider buying and selling activity for The Simply Good Foods or view top insider-selling stocks.

SMPL stock was purchased by a variety of institutional investors in the last quarter, including Scopus Asset Management L.P., Champlain Investment Partners LLC, Loomis Sayles & Co. L P, Dimensional Fund Advisors LP, Amundi Asset Management US Inc., JPMorgan Chase & Co., Geode Capital Management LLC, and Nordea Investment Management AB. Company insiders that have bought The Simply Good Foods stock in the last two years include Brian K Ratzan, Clayton C Daley Jr, James D White, James E Healey, James M Kilts, Joseph Scalzo, Nomi Ghez, Robert G Montgomery, and Todd E Cunfer.
View insider buying and selling activity for The Simply Good Foods or or view top insider-buying stocks.

Shares of SMPL can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of SMPL stock can currently be purchased for approximately $35.75.

The Simply Good Foods has a market capitalization of $3.42 billion and generates $816.64 million in revenue each year. The financial services provider earns $34.70 million in net income (profit) each year or $0.91 on an earnings per share basis.

The Simply Good Foods employs 300 workers across the globe.

The official website for The Simply Good Foods is www.thesimplygoodfoodscompany.com.

The Simply Good Foods is headquartered at 1225 17th Street Suite 1000, Denver CO, 80202.

The Simply Good Foods' mailing address is 1225 17th Street Suite 1000, Denver CO, 80202. The financial services provider can be reached via phone at 303-633-2840 or via email at [email protected]