Simply Good Foods - SMPL Stock Forecast, Price & News

13 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 10 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" SMPL shares.
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13 Wall Street research analysts have issued twelve-month price targets for Simply Good Foods' stock. Their SMPL share price forecasts range from $34.00 to $47.00. On average, they anticipate the company's share price to reach $42.50 in the next twelve months. This suggests a possible upside of 6.9% from the stock's current price.
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Simply Good Foods' stock was trading at $38.03 at the start of the year. Since then, SMPL shares have increased by 4.6% and is now trading at $39.77.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, April 5th 2023.
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Simply Good Foods will be holding an earnings conference call on Wednesday, April 5th at 8:30 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 412-317-6671 with passcode "13737129".

The Simply Good Foods Company (NASDAQ:SMPL) announced its quarterly earnings results on Thursday, January, 5th. The financial services provider reported $0.40 earnings per share for the quarter, beating analysts' consensus estimates of $0.39 by $0.01. The financial services provider earned $300.88 million during the quarter, compared to analyst estimates of $301.94 million. Simply Good Foods had a trailing twelve-month return on equity of 10.75% and a net margin of 10.38%.

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), Invesco DWA Consumer Staples Momentum ETF (PSL), Invesco S&P SmallCap 600 Pure Growth ETF (RZG), SPDR S&P 600 Small Cap Growth ETF (SLYG), Vanguard S&P Small-Cap 600 Growth ETF (VIOG), iShares S&P Small-Cap 600 Growth ETF (IJT) and Xtrackers S&P SmallCap 600 ESG ETF (SMLE).

Simply Good Foods updated its FY 2023 earnings guidance on Thursday, January, 5th. The company provided EPS guidance of for the period. The company issued revenue guidance of $1.24B-, compared to the consensus revenue estimate of $1.25 billion.

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).

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

Simply Good Foods' stock is owned by a number of institutional and retail investors. Top institutional investors include T. Rowe Price Investment Management Inc. (3.12%), Silvercrest Asset Management Group LLC (2.68%), Dimensional Fund Advisors LP (2.08%), Brown Advisory Inc. (1.88%), Geode Capital Management LLC (1.62%) and Price T Rowe Associates Inc. MD (1.47%). Insiders that own company stock include Brian K Ratzan, C Scott Parker, Conyers Park Sponsor Llc, James D White, James E Healey, James M Kilts, Jill M Short, Joseph Scalzo, Linda Zink, Robert G Montgomery and Timothy Allen Matthews.
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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.
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One share of SMPL stock can currently be purchased for approximately $39.77.

Simply Good Foods (NASDAQ:SMPL) has a market capitalization of $3.96 billion and generates $1.17 billion in revenue each year. The financial services provider earns $108.57 million in net income (profit) each year or $1.22 on an earnings per share basis.

The company employs 263 workers across the globe.

Simply Good Foods' mailing address is 1225 17th Street Suite 1000, Denver CO, 80202. The official website for the company is www.thesimplygoodfoodscompany.com. The financial services provider can be reached via phone at (303) 633-2840 or via email at mpogharian@simplygoodfoodsco.com.