S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
China July exports rise, with trade surplus at record-high
Shift in war's front seen as ships cleared to leave Ukraine
Demand for grocery delivery cools as food costs rise
Transit woes mount for Boston's beleaguered subway riders
What's in Democrats' big bill? Climate, health care, savings
Dems push Biden climate, health priorities toward Senate OK
Shift in war's front seen as grain leaves Ukraine; plant hit
S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
China July exports rise, with trade surplus at record-high
Shift in war's front seen as ships cleared to leave Ukraine
Demand for grocery delivery cools as food costs rise
Transit woes mount for Boston's beleaguered subway riders
What's in Democrats' big bill? Climate, health care, savings
Dems push Biden climate, health priorities toward Senate OK
Shift in war's front seen as grain leaves Ukraine; plant hit
S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
China July exports rise, with trade surplus at record-high
Shift in war's front seen as ships cleared to leave Ukraine
Demand for grocery delivery cools as food costs rise
Transit woes mount for Boston's beleaguered subway riders
What's in Democrats' big bill? Climate, health care, savings
Dems push Biden climate, health priorities toward Senate OK
Shift in war's front seen as grain leaves Ukraine; plant hit
S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
China July exports rise, with trade surplus at record-high
Shift in war's front seen as ships cleared to leave Ukraine
Demand for grocery delivery cools as food costs rise
Transit woes mount for Boston's beleaguered subway riders
What's in Democrats' big bill? Climate, health care, savings
Dems push Biden climate, health priorities toward Senate OK
Shift in war's front seen as grain leaves Ukraine; plant hit
NASDAQ:SMPL

Simply Good Foods - SMPL Stock Forecast, Price & News

$33.74
+0.15 (+0.45%)
(As of 08/5/2022 12:00 AM ET)
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Compare
Today's Range
$32.75
$33.82
50-Day Range
$32.47
$41.55
52-Week Range
$31.77
$45.77
Volume
335,096 shs
Average Volume
732,843 shs
Market Capitalization
$3.39 billion
P/E Ratio
34.78
Dividend Yield
N/A
Price Target
$45.44

Simply Good Foods MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.89 Rating Score
Upside/​Downside
34.7% Upside
$45.44 Price Target
Short Interest
Healthy
3.38% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
1.35mentions of Simply Good Foods in the last 14 days
Based on 3 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
10.64%
From $1.41 to $1.56 Per Share

Overall MarketRank

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

2.41 out of 5 stars

Consumer Staples Sector

44th out of 178 stocks

Food & Kindred Products Industry

4th out of 19 stocks

SMPL stock logo

About Simply Good Foods (NASDAQ:SMPL) Stock

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, pizza, protein chips, recipes, and confectionery products, as well as licensed frozen meals under the Atkins, Atkins Endulge, and Quest brand names. The company distributes its products to various retail channels, such as mass merchandise, grocery and drug channels, club stores, convenience stores, gas stations, and other channels. It also sells its products through e-commerce channels, including atkins.com, questnutrition.com, and amazon.com. The Simply Good Foods Company is headquartered in Denver, Colorado.

Analysts Set New Price Targets

Several research firms have issued reports on SMPL. Morgan Stanley reduced their price objective on Simply Good Foods from $41.00 to $39.00 and set an "equal weight" rating on the stock in a report on Friday, July 1st. Stephens upgraded shares of Simply Good Foods from an "equal weight" rating to an "overweight" rating and lifted their price target for the company from $44.00 to $45.00 in a research report on Monday, June 27th. Finally, Seaport Res Ptn reaffirmed a "buy" rating on shares of Simply Good Foods in a research note on Friday, July 8th. One equities research analyst has rated the stock with a hold rating and eight have issued a buy rating to the stock. According to data from MarketBeat.com, Simply Good Foods currently has a consensus rating of "Moderate Buy" and an average target price of $45.44.

Simply Good Foods Trading Up 0.4 %

SMPL Stock traded up $0.15 during mid-day trading on Friday, reaching $33.74. 335,096 shares of the stock traded hands, compared to its average volume of 732,843. The business has a 50-day moving average price of $36.74 and a two-hundred day moving average price of $37.84. The company has a debt-to-equity ratio of 0.28, a quick ratio of 2.12 and a current ratio of 3.05. The stock has a market capitalization of $3.39 billion, a PE ratio of 34.78 and a beta of 0.80. Simply Good Foods has a one year low of $31.77 and a one year high of $45.77.

Simply Good Foods (NASDAQ:SMPL - Get Rating) last announced its quarterly earnings data on Thursday, June 30th. The financial services provider reported $0.44 EPS for the quarter, beating the consensus estimate of $0.35 by $0.09. Simply Good Foods had a net margin of 8.38% and a return on equity of 11.55%. The firm had revenue of $316.50 million during the quarter, compared to analyst estimates of $293.88 million. During the same period last year, the firm posted $0.43 EPS. Simply Good Foods's revenue was up 11.4% on a year-over-year basis. Equities research analysts expect that Simply Good Foods will post 1.41 EPS for the current year.

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SMPL Stock News Headlines

Simply Good Foods Q3 2022 Earnings Preview
Expert Ratings for Simply Good Foods
The Simply Good Foods Co - Stock Financials SMPL
The Simply Good Foods Co - Stock Chart
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SMPL Company Calendar

Last Earnings
6/30/2022
Today
8/07/2022
Fiscal Year End
8/31/2022
Next Earnings (Estimated)
10/28/2022

Industry, Sector and Symbol

Industry
Food & kindred products
Sub-Industry
Thrifts & Mortgage Finance
Current Symbol
NASDAQ:SMPL
CUSIP
82886710
Fax
N/A
Employees
263
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$45.44
High Stock Price Forecast
$50.00
Low Stock Price Forecast
$39.00
Forecasted Upside/Downside
+34.7%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.89
Research Coverage
9 Analysts

Profitability

Net Income
$40.88 million
Pretax Margin
12.15%

Debt

Sales & Book Value

Annual Sales
$1.01 billion
Cash Flow
$1.58 per share
Book Value
$12.41 per share

Miscellaneous

Free Float
96,366,000
Market Cap
$3.39 billion
Optionable
Optionable
Beta
0.80














SMPL Stock - Frequently Asked Questions

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

9 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Simply Good Foods in the last year. There are currently 1 hold rating and 8 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Simply Good Foods stock.
View analyst ratings for Simply Good Foods
or view top-rated stocks.

What is Simply Good Foods' stock price forecast for 2022?

9 brokers have issued 12 month price objectives for Simply Good Foods' shares. Their SMPL stock forecasts range from $39.00 to $50.00. On average, they expect Simply Good Foods' share price to reach $45.44 in the next year. This suggests a possible upside of 34.7% from the stock's current price.
View analysts' price targets for Simply Good Foods
or view top-rated stocks among Wall Street analysts.

How has Simply Good Foods' stock price performed in 2022?

Simply Good Foods' stock was trading at $41.57 at the beginning of 2022. Since then, SMPL stock has decreased by 18.8% and is now trading at $33.74.
View the best growth stocks for 2022 here
.

When is Simply Good Foods' next earnings date?

Simply Good Foods is scheduled to release its next quarterly earnings announcement on Friday, October 28th 2022.
View our earnings forecast for Simply Good Foods
.

How were Simply Good Foods' earnings last quarter?

The Simply Good Foods Company (NASDAQ:SMPL) issued its quarterly earnings results on Thursday, June, 30th. The financial services provider reported $0.44 earnings per share for the quarter, beating analysts' consensus estimates of $0.35 by $0.09. The financial services provider earned $316.50 million during the quarter, compared to analyst estimates of $293.88 million. Simply Good Foods had a trailing twelve-month return on equity of 11.55% and a net margin of 8.38%. The company's quarterly revenue was up 11.4% on a year-over-year basis. During the same quarter last year, the firm earned $0.43 EPS.

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

Simply Good Foods updated its FY 2022 earnings guidance on Thursday, July, 28th. The company provided earnings per share 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.

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).

What is Simply Good Foods' stock symbol?

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

Who are Simply Good Foods' major shareholders?

Simply Good Foods' stock is owned by many different institutional and retail 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%). Company insiders that own Simply Good Foods 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.
View institutional ownership trends for Simply Good Foods
.

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.

What is Simply Good Foods' stock price today?

One share of SMPL stock can currently be purchased for approximately $33.74.

How much money does Simply Good Foods make?

Simply Good Foods (NASDAQ:SMPL) has a market capitalization of $3.39 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.

How many employees does Simply Good Foods have?

Simply Good Foods employs 263 workers across the globe.

How can I contact Simply Good Foods?

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

This page (NASDAQ:SMPL) was last updated on 8/7/2022 by MarketBeat.com Staff

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