William Blair Expects Weaker Earnings for Simply Good Foods

The Simply Good Foods Company (NASDAQ:SMPL - Free Report) - Stock analysts at William Blair reduced their Q2 2025 earnings estimates for Simply Good Foods in a research report issued on Wednesday, January 8th. William Blair analyst J. Andersen now forecasts that the financial services provider will post earnings of $0.32 per share for the quarter, down from their prior forecast of $0.35. The consensus estimate for Simply Good Foods' current full-year earnings is $1.77 per share. William Blair also issued estimates for Simply Good Foods' Q3 2025 earnings at $0.49 EPS, Q4 2025 earnings at $0.49 EPS and FY2026 earnings at $2.01 EPS.

A number of other research analysts have also recently weighed in on SMPL. Stephens cut their price objective on shares of Simply Good Foods from $44.00 to $42.00 and set an "overweight" rating for the company in a report on Wednesday, October 23rd. Citigroup cut their price target on Simply Good Foods from $46.00 to $43.00 and set a "buy" rating for the company in a research note on Thursday, November 14th. Finally, Mizuho lowered their price target on Simply Good Foods from $48.00 to $45.00 and set an "outperform" rating on the stock in a research report on Friday. Three investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $40.22.

Simply Good Foods Stock Performance

Shares of SMPL traded up $0.11 during trading hours on Monday, hitting $34.47. The stock had a trading volume of 1,421,703 shares, compared to its average volume of 1,658,872. The firm has a 50-day moving average price of $38.26 and a 200 day moving average price of $35.41. Simply Good Foods has a fifty-two week low of $30.00 and a fifty-two week high of $42.37. The firm has a market capitalization of $3.48 billion, a price-to-earnings ratio of 24.98, a PEG ratio of 3.51 and a beta of 0.67. The company has a debt-to-equity ratio of 0.23, a quick ratio of 2.75 and a current ratio of 4.05.

Simply Good Foods (NASDAQ:SMPL - Get Free Report) last issued its earnings results on Wednesday, January 8th. The financial services provider reported $0.49 EPS for the quarter, topping analysts' consensus estimates of $0.43 by $0.06. Simply Good Foods had a return on equity of 10.23% and a net margin of 10.46%. The firm had revenue of $341.30 million for the quarter, compared to the consensus estimate of $347.32 million. During the same quarter in the prior year, the business earned $0.43 earnings per share. The company's revenue was up 10.6% compared to the same quarter last year.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the business. Boston Trust Walden Corp acquired a new position in Simply Good Foods in the third quarter valued at about $80,270,000. Armistice Capital LLC purchased a new stake in shares of Simply Good Foods in the 2nd quarter valued at approximately $34,582,000. FMR LLC lifted its holdings in shares of Simply Good Foods by 20.0% in the 3rd quarter. FMR LLC now owns 5,128,827 shares of the financial services provider's stock worth $178,329,000 after acquiring an additional 855,070 shares during the last quarter. Massachusetts Financial Services Co. MA purchased a new position in shares of Simply Good Foods during the 3rd quarter worth approximately $27,391,000. Finally, Marshall Wace LLP grew its stake in shares of Simply Good Foods by 276.4% in the second quarter. Marshall Wace LLP now owns 536,174 shares of the financial services provider's stock valued at $19,372,000 after buying an additional 393,720 shares in the last quarter. 88.45% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, insider Timothy Richard Kraft sold 21,209 shares of the company's stock in a transaction dated Monday, November 11th. The shares were sold at an average price of $36.50, for a total transaction of $774,128.50. Following the completion of the sale, the insider now owns 40,068 shares of the company's stock, valued at approximately $1,462,482. This represents a 34.61 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Joseph Scalzo sold 147,200 shares of the stock in a transaction that occurred on Tuesday, November 12th. The shares were sold at an average price of $36.86, for a total value of $5,425,792.00. Following the completion of the sale, the director now directly owns 141,439 shares of the company's stock, valued at approximately $5,213,441.54. This represents a 51.00 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 327,869 shares of company stock worth $12,139,570. Insiders own 9.35% of the company's stock.

About Simply Good Foods

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.