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Simply Good Foods (SMPL)
NASDAQ:SMPL
Simply Good Foods (SMPL) Stock Price & Analysis
244 Followers
SMPL Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$30.00 - $43.00
Previous Close$36.66
Volume1.38M
Average Volume (3M)806.94K
Market Cap
$3.67B
Enterprise Value$3.70B
Total Cash (Recent Filing)$208.68M
Total Debt (Recent Filing)$237.66M
Price to Earnings (P/E)25.3
Beta0.31
Next Earnings
Oct 18, 2024EPS Estimate
$0.5Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)1.45
Shares Outstanding99,988,966
10 Day Avg. Volume629,630
30 Day Avg. Volume806,944
Standard Deviation0.11
R-Squared0.09
Alpha0.00747
Financial Highlights & Ratios
Price to Book (P/B)988.38
Price to Sales (P/S)11.53
Price to Cash Flow (P/CF)19.90
P/FCF Ratio18.40
Enterprise Value/Market CapN/A
Enterprise Value/Revenue2.90
Enterprise Value/Gross Profit8.16
Enterprise Value/Ebitda30.14
Forecast
1Y Price Target
$39.50Price Target Upside7.98% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering6
Simply Good Foods News
PremiumCompany Announcements
Simply Good Foods Reshuffles Management, Accelerates Stock Vesting
Bulls Say, Bears Say
Bulls Say
Acquisition And ExpansionThe acquisition of OWYN enhances diversification for Simply Good Foods Company, expanding into plant-based offerings and increasing exposure to fast-growth RTD beverages and higher-income households.
Brand PerformanceQuest has successfully positioned its high protein, low sugar nutrition bars as a convenient snack solution for younger, affluent consumers with an active lifestyle.
Financial PerformanceSMPL reported strong volume-driven sales growth for Quest and significant margin gains due to input deflation, boosting gross margin by 320bps.
Bears Say
Brand RelevanceThe declining relevance of the Atkins Diet creates a negative halo over the brand and poses a significant obstacle.
Consumer PreferencesThe gradual shift in consumer preferences away from restrictive programmatic dieting and toward more holistic solutions for weight management has contributed to the brand's challenges.
Sales DeclinePersistent sales declines in measured channels for Atkins suggested downside risk for FY24.
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Ownership Overview
10.13% Insiders
45.24% Mutual Funds
23.50% Other Institutional Investors
21.12% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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SMPL FAQ
What was Simply Good Foods’s price range in the past 12 months?
Simply Good Foods lowest stock price was $30.00 and its highest was $43.00 in the past 12 months.
What is Simply Good Foods’s market cap?
Currently, no data Available
When is Simply Good Foods’s upcoming earnings report date?
Simply Good Foods’s upcoming earnings report date is Oct 18, 2024 which is in 88 days.
How were Simply Good Foods’s earnings last quarter?
Simply Good Foods released its earnings results on Jun 27, 2024. The company reported $0.5 earnings per share for the quarter, beating the consensus estimate of $0.482 by $0.018.
Is Simply Good Foods overvalued?
According to Wall Street analysts Simply Good Foods’s price is currently Undervalued.
Does Simply Good Foods pay dividends?
Simply Good Foods does not currently pay dividends.
What is Simply Good Foods’s EPS estimate?
Simply Good Foods’s EPS estimate is $0.5.
How many shares outstanding does Simply Good Foods have?
Simply Good Foods has 100,135,860 shares outstanding.
What happened to Simply Good Foods’s price movement after its last earnings report?
Simply Good Foods reported an EPS of $0.5 in its last earnings report, beating expectations of $0.482. Following the earnings report the stock price went down -1.3%.
Which hedge fund is a major shareholder of Simply Good Foods?
Among the largest hedge funds holding Simply Good Foods’s share is Bridgewater Associates, LP. It holds Simply Good Foods’s shares valued at 5M.
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Simply Good Foods Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$39.50 (7.98% Upside)
$39.50 (7.98% Upside)
Blogger Sentiment
Bullish
SMPL Sentiment 77%
Sector Average 64%
Sector Average 64%
Hedge Fund Trend
Increased
By 65.1K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $152.6K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 6.0%
Last 30 Days ▼ 13.0%
Last 30 Days ▼ 13.0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
0.71%
12-Months-Change
Fundamentals
Return on Equity
9.10%
Trailing 12-Months
Asset Growth
5.08%
Trailing 12-Months
Company Description
Simply Good Foods
The Simply Good Foods Co. engages in the development, marketing, and sale of nutritional food and snacking products. Its products include nutrition bars, ready-to-drink shakes, snacks, confectionery, and frozen meals under the Atkins, SimplyProtein, Atkins Harvest Trail, and Atkins Endulge brands. The company was founded on March 30, 2017 and is headquartered in Denver, CO.
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SMPL Company Deck
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SMPL Earnings Call
Q3 2024
0:00 / 0:00
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SMPL Stock 12 Month Forecast
Average Price Target
$39.50
▲(7.98% Upside)
Technical Analysis
Best Analysts Covering SMPL
1 Year
1 Year Success Rate
8/12 ratings generated profit
1 Year Average Return
+5.30%
reiterated a buy rating 7 months ago
Copying Jason English's trades and holding each position for 1 Year would result in 66.67% of your transactions generating a profit, with an average return of +5.30% per trade.
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