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

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Simply Good Foods in the last year. There are currently 3 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street 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?

10 brokerages have issued twelve-month price targets for Simply Good Foods' shares. Their SMPL share price targets range from $40.00 to $46.00. On average, they expect the company's share price to reach $42.17 in the next twelve months. This suggests a possible upside of 6.0% 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 2023?

Simply Good Foods' stock was trading at $38.03 at the beginning of the year. Since then, SMPL shares have increased by 4.6% and is now trading at $39.79. View the best growth stocks for 2023 here .

When is Simply Good Foods' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, January 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, topping analysts' consensus estimates of $0.44 by $0.01. The financial services provider earned $320.42 million during the quarter, compared to analysts' expectations of $319.55 million. Simply Good Foods had a trailing twelve-month return on equity of 10.14% and a net margin of 10.75%. The company's revenue was up 16.9% compared to the same quarter last year. During the same period in the previous year, the company posted $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) , Vanguard S&P Small-Cap 600 Growth ETF (VIOG) , iShares S&P Small-Cap 600 Growth ETF (IJT) , SPDR S&P 600 Small Cap Growth ETF (SLYG) , First Trust Nasdaq Food & Beverage ETF (FTXG) and SPDR S&P SmallCap 600 ESG ETF (ESIX) .

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

Simply Good Foods issued an update on its FY 2024 earnings guidance on Tuesday, October, 24th. The company provided EPS guidance of for the period. The company issued revenue guidance of $1.32 billion-$1.32 billion, compared to the consensus revenue estimate of $1.34 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 number of institutional and retail investors. Top institutional shareholders include FMR LLC (2.77%), Fuller & Thaler Asset Management Inc. (2.02%), Brown Advisory Inc. (1.87%), Principal Financial Group Inc. (1.66%), Invesco Ltd. (1.62%) and Loomis Sayles & Co. L P (1.61%). 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 , 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 WeBull , Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here .

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

$39.79

-0.58 (-1.44%)

(As of 12/8/2023 ET)

Compare

Today's Range: $39.49
▼
$40.28
50-Day Range: $32.14
▼
$40.37
52-Week Range: $31.06
▼
$40.47

Volume: 406,425 shs
Average Volume: 448,415 shs
Market Capitalization: $3.97 billion

P/E Ratio: 30.14
Dividend Yield: N/A
Price Target: $42.17

Simply Good Foods MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.70 Rating Score
Upside/Downside: 6.0% Upside
$42.17 Price Target
Short Interest: Bearish
3.21% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.93
Based on 15 Articles This Week
Insider Trading: Selling Shares
$4.70 M Sold Last Quarter
Proj. Earnings Growth: 12.50%
From $1.68 to $1.89 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.83 out of 5 stars

Consumer Staples Sector

101st out of 126 stocks

Food & Kindred Products Industry

11th out of 15 stocks

1.4

Analyst's Opinion

Consensus Rating
Simply Good Foods has received a consensus rating of Moderate Buy. The company's average rating score is 2.70, and is based on 7 buy ratings, 3 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $42.17, Simply Good Foods has a forecasted upside of 6.0% from its current price of $39.79.
Amount of Analyst Coverage
Simply Good Foods has only been the subject of 3 research reports in the past 90 days.

2.0

Short Interest

Percentage of Shares Shorted
3.21% 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 5.
Change versus previous month
Short interest in Simply Good Foods has recently increased by 7.87%, indicating that investor sentiment is decreasing 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.

3.3

News and Social Media Coverage

News Sentiment
Simply Good Foods has a news sentiment score of 0.93. 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 0.56 average news sentiment score of Consumer Staples companies.
News Coverage This Week
MarketBeat has tracked 15 news articles for Simply Good Foods this week, compared to 3 articles on an average week.
Search Interest
4 people have searched for SMPL on MarketBeat in the last 30 days. This is an increase of 33% compared to the previous 30 days.
MarketBeat Follows
Only 4 people have added Simply Good Foods to their MarketBeat watchlist in the last 30 days. This is a decrease of -20% 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 $4,697,124.00 in company stock.
Percentage Held by Insiders
11.26% 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
88.15% 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 12.50% in the coming year, from $1.68 to $1.89 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Simply Good Foods is 30.14, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 115.18.
Price to Earnings Ratio vs. Sector
The P/E ratio of Simply Good Foods is 30.14, which means that it is trading at a more expensive P/E ratio than the Consumer Staples sector average P/E ratio of about 26.59.
Price to Earnings Growth Ratio
Simply Good Foods has a PEG Ratio of 2.81. 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 2.52. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

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

December 9, 2023 | marketbeat.com

MarketBeat Week in Review – 12/4 - 12/8 (SMPL)

Stocks finished in the green to close the week; investors believe the jobs report will allow the Fed to leave interest rates unchanged when they meet next week

December 6, 2023 | marketbeat.com

Simply Good Foods: Winner in the Ozempic Weight-Loss Trend

Nutritional food and snacks producer The Simply Good Foods Co. (NASDAQ: SMPL) has seen its shares rocket higher on the weight-loss medication

December 10, 2023 | Autonomix (Ad)

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December 9, 2023 | finance.yahoo.com

Insider Sell: Director Brian Ratzan Sells 8,180 Shares of The Simply Good Foods Co (SMPL)

December 9, 2023 | msn.com

DA Davidson Initiates Coverage of Simply Good Foods (SMPL) with Neutral Recommendation

December 8, 2023 | americanbankingnews.com

Brian K. Ratzan Sells 61,284 Shares of The Simply Good Foods Company (NASDAQ:SMPL) Stock

December 8, 2023 | americanbankingnews.com

Brian K. Ratzan Sells 51,512 Shares of The Simply Good Foods Company (NASDAQ:SMPL) Stock

December 7, 2023 | finance.yahoo.com

Insider Sell: Director Brian Ratzan Sells 141,562 Shares of The Simply Good Foods Co (SMPL)

December 10, 2023 | DTI Trader (Ad)

New CBOE “special perk” helps traders target income every weekend

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December 7, 2023 | msn.com

The Simply Good Foods Company director sells stock

December 5, 2023 | finance.yahoo.com

Will Simply Good Foods (SMPL) Beat Estimates Again in Its Next Earnings Report?

December 2, 2023 | americanbankingnews.com

Critical Survey: Simply Good Foods (NASDAQ:SMPL) and Tiger Brands (OTCMKTS:TBLMY)

November 22, 2023 | finance.yahoo.com

Healthiest Food in the World: Top 20 Countries with the Healthiest Diets

November 20, 2023 | finance.yahoo.com

The Simply Good Foods Company (NASDAQ:SMPL) Shares Could Be 22% Below Their Intrinsic Value Estimate

October 26, 2023 | finance.yahoo.com

Billionaire Ray Dalio’s 15 Best Stock Picks

October 25, 2023 | markets.businessinsider.com

Analysts’ Opinions Are Mixed on These Consumer Goods Stocks: Kimberly Clark (KMB) and Simply Good Foods (SMPL)

October 25, 2023 | finance.yahoo.com

Simply Good Foods (SMPL) Earnings Beat in Q4, Sales Rise Y/Y

October 25, 2023 | finance.yahoo.com

The Simply Good Foods Company (NASDAQ:SMPL) Q4 2023 Earnings Call Transcript

October 25, 2023 | finance.yahoo.com

Q4 2023 Simply Good Foods Co Earnings Call

October 24, 2023 | proactiveinvestors.com

Simply Good Foods stock higher on fiscal 4Q beat; solid guidance

October 24, 2023 | msn.com

Simply Good Foods Q4 Earnings: Shares Gain On 17% Sales Growth, Margin Expansion And More

October 24, 2023 | msn.com

Simply Good Foods gains after issuing solid guidance

October 24, 2023 | finance.yahoo.com

The Simply Good Foods Company Reports Fiscal Fourth Quarter and Full Fiscal Year 2023 Financial Results and Provides Full Fiscal Year 2024 Outlook

October 24, 2023 | finance.yahoo.com

Simply Good Foods (SMPL) Q4 Earnings and Revenues Top Estimates

October 24, 2023 | finance.yahoo.com

The Simply Good Foods Co (SMPL) Reports Solid Q4 and Full Fiscal Year 2023 Financial Results

October 23, 2023 | msn.com

Simply Good Foods Q4 2023 Earnings Preview

October 19, 2023 | msn.com

Simply Good Foods (SMPL) Q4 Earnings Coming Up: What to Expect

See More Headlines

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Company Calendar

Last Earnings: 10/24/2023
Today: 12/09/2023
Next Earnings (Estimated): 1/04/2024
Fiscal Year End: 8/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Food & kindred products
Sub-Industry: Thrifts & Mortgage Finance
Sector: Consumer Staples
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: $42.17
High Stock Price Target: $46.00
Low Stock Price Target: $40.00
Potential Upside/Downside: +6.0%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.70
Research Coverage: 10 Analysts

Profitability

EPS (Most Recent Fiscal Year): $1.32
Trailing P/E Ratio: 30.14
Forward P/E Ratio: 23.68
P/E Growth: 2.81
Net Income: $133.57 million
Net Margins: 10.75%
Pretax Margin: 14.14%
Return on Equity: 10.14%
Return on Assets: 7.35%

Debt

Debt-to-Equity Ratio: 0.18
Current Ratio: 4.14
Quick Ratio: 2.84

Sales & Book Value

Annual Sales: $1.24 billion
Price / Sales: 3.20
Cash Flow: $1.79 per share
Price / Cash Flow: 22.27
Book Value: $15.78 per share
Price / Book: 2.52

Miscellaneous

Outstanding Shares: 99,810,000
Free Float: 88,571,000
Market Cap: $3.97 billion
Optionable: Optionable
Beta: 0.73

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Key Executives

Mr. Joseph E. Scalzo (Age 64)
Executive Vice Chair
Comp: $1.94M
Mr. Timothy Richard Kraft (Age 43)
Chief Legal Officer, Corporate Secretary & Compliance Officer
Comp: $773.44k
Ms. Susan K. Hunsberger (Age 61)
Senior VP & Chief Human Resources Officer
Comp: $841.79k
Ms. Linda M. Zink (Age 58)
Chief Growth Officer
Comp: $684.28k
Mr. Geoff E. Tanner (Age 49)
CEO, President & Director
Mr. Shaun P. Mara (Age 58)
Chief Financial Officer
Comp: $2.88M
Mr. Jason Bendure
Senior Vice President of Operations
Mr. Timothy A. Matthews (Age 43)
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?: 10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Simply Good Foods in the last year. There are currently 3 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street 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?: 10 brokerages have issued twelve-month price targets for Simply Good Foods' shares. Their SMPL share price targets range from $40.00 to $46.00. On average, they expect the company's share price to reach $42.17 in the next twelve months. This suggests a possible upside of 6.0% 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 2023?: Simply Good Foods' stock was trading at $38.03 at the beginning of the year. Since then, SMPL shares have increased by 4.6% and is now trading at $39.79.
View the best growth stocks for 2023 here.
When is Simply Good Foods' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, January 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, topping analysts' consensus estimates of $0.44 by $0.01. The financial services provider earned $320.42 million during the quarter, compared to analysts' expectations of $319.55 million. Simply Good Foods had a trailing twelve-month return on equity of 10.14% and a net margin of 10.75%. The company's revenue was up 16.9% compared to the same quarter last year. During the same period in the previous year, the company posted $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), Vanguard S&P Small-Cap 600 Growth ETF (VIOG), iShares S&P Small-Cap 600 Growth ETF (IJT), SPDR S&P 600 Small Cap Growth ETF (SLYG), First Trust Nasdaq Food & Beverage ETF (FTXG) and SPDR S&P SmallCap 600 ESG ETF (ESIX).

What guidance has Simply Good Foods issued on next quarter's earnings?: Simply Good Foods issued an update on its FY 2024 earnings guidance on Tuesday, October, 24th. The company provided EPS guidance of for the period. The company issued revenue guidance of $1.32 billion-$1.32 billion, compared to the consensus revenue estimate of $1.34 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 number of institutional and retail investors. Top institutional shareholders include FMR LLC (2.77%), Fuller & Thaler Asset Management Inc. (2.02%), Brown Advisory Inc. (1.87%), Principal Financial Group Inc. (1.66%), Invesco Ltd. (1.62%) and Loomis Sayles & Co. L P (1.61%). 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, 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

This page (NASDAQ:SMPL) was last updated on 12/10/2023 by MarketBeat.com Staff

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

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^™