NASDAQ:SMPL

Simply Good Foods (SMPL) Price Target & Analyst Ratings

$35.83

-0.05 (-0.14%)

(As of 05:33 PM ET)

Compare

Today's Range: $35.55
▼
$35.93
50-Day Range: $35.52
▼
$39.87
52-Week Range: $29.21
▼
$41.91

Volume: 490,313 shs
Average Volume: 599,373 shs
Market Capitalization: $3.57 billion

P/E Ratio: 27.78
Dividend Yield: N/A
Price Target: $42.00

Simply Good Foods Consensus Rating and Price Target (2023)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Analyst Rating

Moderate Buy
Based on 12 Analyst Ratings

Consensus Analyst Price Target

$42.00
17.22% Upside

High Prediction	$46.00
Average Prediction	$42.00
Low Prediction	$34.00

Type	Current 6/9/22 to 6/9/23	1 Month Ago 5/10/22 to 5/10/23	3 Months Ago 3/11/22 to 3/11/23	1 Year Ago 6/9/21 to 6/9/22
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy	Moderate Buy
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	9 Buy rating(s)	9 Buy rating(s)	10 Buy rating(s)	7 Buy rating(s)
Hold	3 Hold rating(s)	3 Hold rating(s)	3 Hold rating(s)	3 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$42.00	$42.00	$42.00	$44.70
Predicted Upside	17.22% Upside	15.62% Upside	16.60% Upside	14.35% Upside

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SMPL Analyst Ratings By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

SMPL Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Simply Good Foods Stock vs. The Competition

Type	Simply Good Foods	Consumer Staples Companies	S&P 500
Consensus Rating Score	2.75	2.45	2.48
Consensus Rating	Moderate Buy	Hold	Hold
Predicted Upside	17.06% Upside	102,854.14% Upside	228.82% Upside
News Sentiment Rating	Very Positive News	Positive News	Positive News

Historical Target Prices and Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
4/13/2023	Stifel Nicolaus Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Buy	$41.00	+13.95%
4/6/2023	Needham & Company LLC Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Buy	$42.00	+15.42%
4/6/2023	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy	$45.00 ➝ $43.00	+18.16%
4/6/2023	Deutsche Bank Aktiengesellschaft Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target		$43.00 ➝ $42.00	+17.15%
3/29/2023	Stephens Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Overweight	$40.00 ➝ $43.00	+11.46%
1/8/2023	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target		$50.00 ➝ $46.00	+29.72%

1/6/2023	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Equal Weight	$35.00 ➝ $34.00	-5.63%
1/6/2023	Credit Suisse Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Outperform	$42.00 ➝ $40.00	+14.74%
12/14/2022	Cowen Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Market Perform	$42.00	+11.14%
10/24/2022	Mizuho Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy	$48.00 ➝ $45.00	+28.17%
8/16/2022	The Goldman Sachs Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy	$49.00 ➝ $44.00	+30.14%
7/8/2022	Seaport Res Ptn Subscribe to MarketBeat All Access for the recommendation accuracy rating	E. Larson Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Buy

(Data available from 6/9/2018 forward. View 10+ years of historical ratings with our analyst ratings screener.)

SMPL Price Target - Frequently Asked Questions

What is Simply Good Foods's consensus rating and price target?: According to the issued ratings of 12 analysts in the last year, the consensus rating for Simply Good Foods stock is Moderate Buy based on the current 3 hold ratings and 9 buy ratings for SMPL. The average twelve-month price prediction for Simply Good Foods is $42.00 with a high price target of $46.00 and a low price target of $34.00. Learn more on SMPL's analyst rating history.
Do Wall Street analysts like Simply Good Foods more than its competitors?: Analysts like Simply Good Foods more than other Consumer Staples companies. The consensus rating for Simply Good Foods is Moderate Buy while the average consensus rating for consumer staples companies is Hold. Learn more on how SMPL compares to other companies.
Does Simply Good Foods's stock price have much upside?: According to analysts, Simply Good Foods's stock has a predicted upside of 15.62% based on their 12-month price targets.

What analysts cover Simply Good Foods?: Simply Good Foods has been rated by Deutsche Bank Aktiengesellschaft, Needham & Company LLC, Stephens, Stifel Nicolaus, and UBS Group in the past 90 days.

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This page (NASDAQ:SMPL) was last updated on 6/9/2023 by MarketBeat.com Staff

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