Simply Good Foods (NASDAQ:SMPL - Get Free Report) is expected to release its earnings data before the market opens on Wednesday, April 9th. Analysts expect Simply Good Foods to post earnings of $0.39 per share and revenue of $354.50 million for the quarter. Simply Good Foods has set its FY 2025 guidance at EPS.
Simply Good Foods (NASDAQ:SMPL - Get Free Report) last posted its earnings results on Wednesday, January 8th. The financial services provider reported $0.49 earnings per share for the quarter, beating the consensus estimate of $0.43 by $0.06. Simply Good Foods had a net margin of 10.40% and a return on equity of 10.25%. The firm had revenue of $341.30 million during the quarter, compared to the consensus estimate of $347.32 million. During the same quarter last year, the firm earned $0.43 EPS. The firm's revenue for the quarter was up 10.6% on a year-over-year basis. On average, analysts expect Simply Good Foods to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.
Simply Good Foods Trading Up 0.3 %
Shares of SMPL traded up $0.10 during midday trading on Thursday, hitting $34.72. 1,457,245 shares of the stock were exchanged, compared to its average volume of 912,093. Simply Good Foods has a 52-week low of $30.00 and a 52-week high of $40.53. The company has a debt-to-equity ratio of 0.20, a quick ratio of 2.75 and a current ratio of 4.23. The stock has a fifty day simple moving average of $36.21 and a 200 day simple moving average of $36.25. The firm has a market cap of $3.51 billion, a P/E ratio of 24.62, a P/E/G ratio of 3.23 and a beta of 0.63.
Wall Street Analyst Weigh In
Several research firms recently commented on SMPL. Morgan Stanley initiated coverage on Simply Good Foods in a research note on Monday, March 24th. They set an "equal weight" rating and a $36.00 target price for the company. Mizuho lowered their price objective on Simply Good Foods from $48.00 to $45.00 and set an "outperform" rating for the company in a research report on Friday, January 10th. Four analysts have rated the stock with a hold rating and five have given a buy rating to the company. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus price target of $39.56.
Get Our Latest Analysis on SMPL
Simply Good Foods Company Profile
(
Get Free Report)
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.
Further Reading
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