NASDAQ:SMPLSimply Good Foods Stock Price, Forecast & News

Simply Good Foods' stock was trading at $16.50 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, SMPL shares have increased by 31.0% and is now trading at $21.62. View which stocks have been most impacted by Coronavirus.

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

Simply Good Foods is scheduled to release its next quarterly earnings announcement on Tuesday, November 3rd 2020. View our earnings forecast for Simply Good Foods.

Simply Good Foods Co (NASDAQ:SMPL) announced its quarterly earnings results on Wednesday, July, 8th. The financial services provider reported $0.26 EPS for the quarter, beating the consensus estimate of $0.15 by $0.11. The financial services provider earned $215.10 million during the quarter, compared to analyst estimates of $208.10 million. Simply Good Foods had a return on equity of 6.03% and a net margin of 3.87%. The business's revenue was up 54.2% on a year-over-year basis. During the same period last year, the business earned $0.16 earnings per share. View Simply Good Foods' earnings history.

Simply Good Foods issued an update on its FY20 earnings guidance on Wednesday, July, 8th. The company provided EPS guidance of $0.86-0.90 for the period, compared to the Thomson Reuters consensus estimate of $0.77. The company issued revenue guidance of $790-800 million, compared to the consensus revenue estimate of $810.63 million.

8 equities research analysts have issued 12 month price targets for Simply Good Foods' shares. Their forecasts range from $24.00 to $34.00. On average, they expect Simply Good Foods' share price to reach $28.00 in the next year. This suggests a possible upside of 29.5% from the stock's current price. View analysts' price targets for Simply Good Foods.

News headlines about SMPL stock have trended very negative on Tuesday, according to InfoTrie Sentiment Analysis. The research group ranks the sentiment of news coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Simply Good Foods earned a news impact score of -3.6 on InfoTrie's scale. They also assigned press coverage about the financial services provider a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the stock's share price in the near future. View the latest news about Simply Good Foods.

Some companies that are related to Simply Good Foods include People's United Financial (PBCT), New York Community Bancorp (NYCB), Lendingtree (TREE), TFS Financial (TFSL), Radian Group (RDN), MGIC Investment (MTG), Washington Federal (WAFD), EverBank Financial (EVER), Walker & Dunlop (WD), Capitol Federal Financial (CFFN), WSFS Financial (WSFS), Northwest Bancshares (NWBI), OceanFirst Financial (OCFC), Provident Financial Services (PFS) and Oritani Financial (ORIT). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Simply Good Foods investors own include Alibaba Group (BABA), AT&T (T), Uber Technologies (UBER), salesforce.com (CRM), Walt Disney (DIS), NVIDIA (NVDA), Tesla (TSLA), AbbVie (ABBV), Carnival (CCL) and Cisco Systems (CSCO).

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

Simply Good Foods' stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Envestnet Asset Management Inc. (0.03%) and Diversified Trust Co (0.02%). Company insiders that own 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 and Todd E Cunfer. View institutional ownership trends for Simply Good Foods.

SMPL stock was purchased by a variety of institutional investors in the last quarter, including Envestnet Asset Management Inc., and Diversified Trust Co. Company insiders that have bought 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, and Todd E Cunfer. View insider buying and selling activity 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 $21.62.

Simply Good Foods has a market capitalization of $2.06 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.

The official website for Simply Good Foods is 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]