NASDAQ:SMPL - Simply Good Foods Stock Price, Forecast & News

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

Simply Good Foods Co (NASDAQ:SMPL) released its quarterly earnings results on Tuesday, October, 29th. The financial services provider reported $0.07 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.15 by $0.08. The financial services provider had revenue of $139.18 million for the quarter, compared to analyst estimates of $132.50 million. Simply Good Foods had a net margin of 9.08% and a return on equity of 5.79%. Simply Good Foods's revenue for the quarter was up 28.6% on a year-over-year basis. During the same period in the previous year, the business posted $0.15 earnings per share. View Simply Good Foods' Earnings History.

Simply Good Foods is scheduled to release their next quarterly earnings announcement on Thursday, January 2nd 2020. View Earnings Estimates for Simply Good Foods.

Simply Good Foods issued an update on its FY 2019 earnings guidance on Monday, October, 7th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $512.969081 million, compared to the consensus revenue estimate of $514.74 million.

8 equities research analysts have issued 1 year target prices for Simply Good Foods' shares. Their forecasts range from $22.00 to $35.00. On average, they expect Simply Good Foods' share price to reach $29.14 in the next twelve months. This suggests a possible upside of 3.5% from the stock's current price. View Analyst Price Targets for Simply Good Foods.

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Simply Good Foods in the last year. There are currently 1 hold rating and 7 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Simply Good Foods.

Media stories about SMPL stock have been trending somewhat positive on Tuesday, InfoTrie Sentiment Analysis reports. InfoTrie ranks the sentiment of media coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Simply Good Foods earned a daily sentiment score of 1.2 on InfoTrie's scale. They also gave headlines about the financial services provider a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the stock's share price in the next several days. View News Stories for Simply Good Foods.

Simply Good Foods saw a increase in short interest in the month of November. As of November 15th, there was short interest totalling 2,350,000 shares, an increase of 99.2% from the October 31st total of 1,180,000 shares. Based on an average daily volume of 965,700 shares, the short-interest ratio is presently 2.4 days. Approximately 2.9% of the company's stock are sold short. View Simply Good Foods' Current Options Chain.

Some companies that are related to Simply Good Foods include People's United Financial (PBCT), New York Community Bancorp (NYCB), TFS Financial (TFSL), Radian Group (RDN), MGIC Investment (MTG), Lendingtree (TREE), Washington Federal (WAFD), WSFS Financial (WSFS), LegacyTexas Financial Group (LTXB), Walker & Dunlop (WD), Capitol Federal Financial (CFFN), Northwest Bancshares (NWBI), Provident Financial Services (PFS), Berkshire Hills Bancorp (BHLB) and Brookline Bancorp (BRKL).

Based on aggregate information from My MarketBeat watchlists, some companies that other Simply Good Foods investors own include Brookfield Asset Management (BAM), Advanced Micro Devices (AMD), Teladoc Health (TDOC), Tandem Diabetes Care (TNDM), Brookfield Renewable Partners (BEP), Nextera Energy Partners (NEP), Verizon Communications (VZ), Adobe (ADBE), Amarin (AMRN) and Alibaba Group (BABA).

Simply Good Foods' stock is owned by a number of of retail and institutional investors. Top institutional investors include State Street Corp (1.47%), Emerald Advisers LLC (1.62%), Eagle Asset Management Inc. (1.40%), Millennium Management LLC (0.49%), Point72 Asset Management L.P. (0.40%) and Man Group plc (0.31%). Company insiders that own Simply Good Foods stock include Hanno E Holm, James M Kilts, Joseph Scalzo, Robert G Montgomery and Todd E Cunfer. View Institutional Ownership Trends for Simply Good Foods.

SMPL stock was sold by a variety of institutional investors in the last quarter, including Millennium Management LLC, Point72 Asset Management L.P., State Street Corp, AMI Asset Management Corp, Russell Investments Group Ltd., Emerald Advisers LLC, Calamos Advisors LLC and Castleark Management LLC. View Insider Buying and Selling for Simply Good Foods.

SMPL stock was purchased by a variety of institutional investors in the last quarter, including Man Group plc, First Quadrant L P CA, State of New Jersey Common Pension Fund D, California Public Employees Retirement System, Stifel Financial Corp, Congress Asset Management Co. MA, Arabesque Asset Management Ltd and Bowling Portfolio Management LLC. Company insiders that have bought Simply Good Foods stock in the last two years include Hanno E Holm, James M Kilts, Joseph Scalzo, Robert G Montgomery and Todd E Cunfer. View Insider Buying and Selling for Simply Good Foods.

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

One share of SMPL stock can currently be purchased for approximately $28.16.

Simply Good Foods has a market capitalization of $2.69 billion and generates $523.38 million in revenue each year. The financial services provider earns $47.54 million in net income (profit) each year or $0.56 on an earnings per share basis. Simply Good Foods employs 141 workers across the globe.View Additional Information About Simply Good Foods.

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

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]