Simply Good Foods - SMPL Stock Forecast, Price & News

9 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Simply Good Foods in the last twelve months. There are currently 1 hold rating and 8 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" SMPL shares.
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9 equities research analysts have issued 12 month price targets for Simply Good Foods' shares. Their SMPL share price forecasts range from $39.00 to $50.00. On average, they anticipate the company's stock price to reach $45.44 in the next year. This suggests a possible upside of 36.1% from the stock's current price.
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Simply Good Foods' stock was trading at $41.57 at the beginning of the year. Since then, SMPL shares have decreased by 19.7% and is now trading at $33.40.
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Simply Good Foods is scheduled to release its next quarterly earnings announcement on Friday, October 28th 2022.
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The Simply Good Foods Company (NASDAQ:SMPL) announced its quarterly earnings data on Thursday, June, 30th. The financial services provider reported $0.44 EPS for the quarter, topping the consensus estimate of $0.35 by $0.09. The financial services provider had revenue of $316.50 million for the quarter, compared to the consensus estimate of $293.88 million. Simply Good Foods had a net margin of 8.38% and a trailing twelve-month return on equity of 11.55%. The business's quarterly revenue was up 11.4% on a year-over-year basis. During the same period in the prior year, the company earned $0.43 EPS.

Simply Good Foods issued an update on its FY 2022 earnings guidance on Thursday, July, 28th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $1.15 billion-$1.16 billion, compared to the consensus revenue estimate of $1.15 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 retail and institutional investors. Top institutional investors include Loomis Sayles & Co. L P (2.39%), Brown Advisory Inc. (1.71%), Victory Capital Management Inc. (1.69%), Emerald Advisers LLC (1.21%), Emerald Mutual Fund Advisers Trust (1.10%) and TimesSquare Capital Management LLC (1.06%). Insiders that own company stock include Brian K Ratzan, C Scott Parker, Clayton C Daley Jr, Conyers Park Sponsor Llc, James D White, James E Healey, James M Kilts, Jill M Short, Joseph Scalzo, Linda Zink, Nomi Ghez, Robert G Montgomery, Timothy Allen Matthews and Todd E Cunfer.
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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 $33.40.

Simply Good Foods (NASDAQ:SMPL) has a market capitalization of $3.35 billion and generates $1.01 billion in revenue each year. The financial services provider earns $40.88 million in net income (profit) each year or $0.97 on an earnings per share basis.

Simply Good Foods 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.