Simply Good Foods (SMPL) Stock Price, News & Analysis

Company Overview

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, protein chips, and recipes under the Atkins and Quest brand names. The company also provides confectionery products, such as full-size and mini peanut butter cups, and fudgey brownie and gooey caramel candy bites, chocolatey coated peanut candies, and coconutty caramel candy bars under Atkins Endulge brand name.It distributes its products to various retail channels, such as mass merchandise, grocery and drug channels, club stores, convenience stores, gas stations, and other channels. The company also sells its products through e-commerce channels, including questnutrition.com, atkins.com, amazon.com and others. The Simply Good Foods Company was founded in 2017 and is headquartered in Denver, Colorado.

Key Stats

• Today's Range: $38.45 to $39.26
• 50-Day Range: $32.25 to $39.14
• 52-Week Range: $30.00 to $43.00
• Volume: 618,615 shs
• Average Volume: 889,475 shs
• Market Capitalization: $3.91 billion
• P/E Ratio: 28.25
• Dividend Yield: N/A
• Price Target: $40.78
• Consensus Rating: Moderate Buy

Simply Good Foods Stock Analysis - MarketRank™

Simply Good Foods scored higher than 56% of companies evaluated by MarketBeat, and ranked 87th out of 139 stocks in the consumer staples sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Simply Good Foods has received a consensus rating of Moderate Buy. The company's average rating score is 2.67, and is based on 6 buy ratings, 3 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Simply Good Foods has only been the subject of 2 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: 13.07%

Earnings Growth

Earnings for Simply Good Foods are expected to grow by 13.07% in the coming year, from $1.76 to $1.99 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Simply Good Foods is 28.08, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 126.99.

Price to Earnings Ratio vs. Sector

The P/E ratio of Simply Good Foods is 28.08, which means that it is trading at a more expensive P/E ratio than the Consumer Staples sector average P/E ratio of about 19.97.

Price to Earnings Growth Ratio

Simply Good Foods has a PEG Ratio of 3.36. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Simply Good Foods has a P/B Ratio of 2.25. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 4.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

4.56% of the float of Simply Good Foods has been sold short.

Short Interest Ratio / Days to Cover

Simply Good Foods has a short interest ratio ("days to cover") of 4.8.

Change versus previous month

Short interest in Simply Good Foods has recently decreased by 20.12%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Simply Good Foods does not currently pay a dividend.

Dividend Growth

Simply Good Foods does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

4.56% of the float of Simply Good Foods has been sold short.

Short Interest Ratio / Days to Cover

Simply Good Foods has a short interest ratio ("days to cover") of 4.8.

Change versus previous month

Short interest in Simply Good Foods has recently decreased by 20.12%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 3.9 / 5
• News Sentiment: 0.99

News Sentiment

Simply Good Foods has a news sentiment score of 0.99. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.65 average news sentiment score of Consumer Staples companies.

News Coverage This Week

MarketBeat has tracked 16 news articles for Simply Good Foods this week, compared to 4 articles on an average week.

Search Interest

2 people have searched for SMPL on MarketBeat in the last 30 days. This is an increase of 100% compared to the previous 30 days.

MarketBeat Follows

2 people have added Simply Good Foods to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days.

Company Ownership

• Score: 3.3 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Simply Good Foods insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $12,139,570.00 in company stock.

Percentage Held by Insiders

10.98% of the stock of Simply Good Foods is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

88.45% of the stock of Simply Good Foods is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

SMPL Stock Analysis - Frequently Asked Questions

How have SMPL shares performed this year?

Simply Good Foods' stock was trading at $39.60 at the start of the year. Since then, SMPL stock has decreased by 2.1% and is now trading at $38.75.
View the best growth stocks for 2024 here.

How were Simply Good Foods' earnings last quarter?

The Simply Good Foods Company (NASDAQ:SMPL) released its quarterly earnings data on Thursday, October, 24th. The financial services provider reported $0.50 EPS for the quarter, hitting analysts' consensus estimates of $0.50. Simply Good Foods's revenue for the quarter was up 17.3% on a year-over-year basis.

Who are Simply Good Foods' major shareholders?

Top institutional investors of Simply Good Foods include FMR LLC (5.12%), Champlain Investment Partners LLC (4.05%), State Street Corp (3.66%) and Wellington Management Group LLP (2.87%). Insiders that own company stock include Brian K Ratzan, Joseph Scalzo, Robert G Montgomery, Timothy Richard Kraft, Geoff E Tanner, Jill M Short, Susan Hunsberger, Jeremy Scott Ivie, Linda Zink, Stuart E Jr Heflin, Timothy Allen Matthews and James D White.
View institutional ownership trends.

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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Simply Good Foods own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Simply Good Foods investors own include Chevron (CVX), American Water Works (AWK), Bristol-Myers Squibb (BMY), Humana (HUM), Comcast (CMCSA), Waste Connections (WCN) and The RMR Group (RMR).

Company Calendar

• Last Earnings: 10/24/2024
• Today: 11/21/2024
• Next Earnings (Estimated): 1/02/2025
• Fiscal Year End: 8/31/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Consumer Staples
• Industry: Food & kindred products
• Sub-Industry: Thrifts & Mortgage Finance
• Current Symbol: NASDAQ:SMPL
• CUSIP: 82886710
• CIK: 1702744
• Web: www.thesimplygoodfoodscompany.com
• Phone: (303) 633-2840
• Fax: N/A
• Employees: 260
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $40.78
• High Stock Price Target: $50.00
• Low Stock Price Target: $34.00
• Potential Upside/Downside: +4.2%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.67
• Research Coverage: 9 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $1.38
• Trailing P/E Ratio: 28.36
• Forward P/E Ratio: 22.24
• P/E Growth: 3.25
• Net Income: $139.31 million
• Net Margins: 10.46%
• Pretax Margin: 13.98%
• Return on Equity: 10.23%
• Return on Assets: 7.68%

Debt

• Debt-to-Equity Ratio: 0.23
• Current Ratio: 4.05
• Quick Ratio: 2.75

Sales & Book Value

• Annual Sales: $1.33 billion
• Price / Sales: 2.95
• Cash Flow: $2.16 per share
• Price / Cash Flow: 18.10
• Book Value: $17.25 per share
• Price / Book: 2.27

Miscellaneous

• Outstanding Shares: 100,220,000
• Free Float: 89,218,000
• Market Cap: $3.92 billion
• Optionable: Optionable
• Beta: 0.64