The stock of Simply Good Foods Co (SMPL) has gone up by 14.07% for the week, with a -3.17% drop in the past month and a 15.40% rise in the past quarter. The volatility ratio for the week is 3.53%, and the volatility levels for the past 30 days are 3.07% for SMPL. The simple moving average for the last 20 days is 2.47% for SMPL stock, with a simple moving average of 5.95% for the last 200 days.
Is It Worth Investing in Simply Good Foods Co (NASDAQ: SMPL) Right Now?
The price-to-earnings ratio for Simply Good Foods Co (NASDAQ: SMPL) is above average at 26.87x, Company’s 36-month beta value is 0.64.Analysts have differing opinions on the stock, with 7 analysts rating it as a “buy,” 0 as “overweight,” 4 as “hold,” and 0 as “sell.”
The public float for SMPL is 92.34M, and currently, short sellers hold a 4.51% ratio of that floaft. The average trading volume of SMPL on January 24, 2025 was 1.01M shares.
SMPL) stock’s latest price update
Simply Good Foods Co (NASDAQ: SMPL)’s stock price has increased by 1.24 compared to its previous closing price of 37.16. However, the company has seen a 14.07% increase in its stock price over the last five trading sessions. seekingalpha.com reported 2025-01-09 that The Simply Good Foods Company’s OWYN acquisition boosts net sales by 10.6%, with strong growth in both tracked and untracked channels, making it a key growth driver. Despite missing revenue expectations, SMPL shows solid cash generation, operational efficiency, and is well-positioned in a fast-growing market, suggesting potential long-term growth. Challenges include weaker Atkins sales, squeezed margins due to rising commodity costs, and a competitive nutritional snack market, making a “hold” rating more prudent.
Analysts’ Opinion of SMPL
Many brokerage firms have already submitted their reports for SMPL stocks, with TD Cowen repeating the rating for SMPL by listing it as a “Hold.” The predicted price for SMPL in the upcoming period, according to TD Cowen is $34 based on the research report published on April 22, 2024 of the previous year 2024.
Deutsche Bank, on the other hand, stated in their research note that they expect to see SMPL reach a price target of $42, previously predicting the price at $41. The rating they have provided for SMPL stocks is “Hold” according to the report published on January 02nd, 2024.
DA Davidson gave a rating of “Neutral” to SMPL, setting the target price at $42 in the report published on December 08th of the previous year.
SMPL Trading at -0.92% from the 50-Day Moving Average
After a stumble in the market that brought SMPL to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -9.98% of loss for the given period.
Volatility was left at 3.07%, however, over the last 30 days, the volatility rate increased by 3.53%, as shares sank -1.90% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +5.47% upper at present.
During the last 5 trading sessions, SMPL rose by +14.07%, which changed the moving average for the period of 200-days by +16.83% in comparison to the 20-day moving average, which settled at $36.71. In addition, Simply Good Foods Co saw -3.49% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at SMPL starting from KRAFT TIMOTHY RICHARD, who sale 76,761 shares at the price of $37.60 back on Nov 18 ’24. After this action, KRAFT TIMOTHY RICHARD now owns 40,068 shares of Simply Good Foods Co, valued at $2,886,229 using the latest closing price.
KRAFT TIMOTHY RICHARD, the Officer of Simply Good Foods Co, proposed sale 76,761 shares at $37.00 during a trade that took place back on Nov 18 ’24, which means that KRAFT TIMOTHY RICHARD is holding shares at $2,840,157 based on the most recent closing price.
Stock Fundamentals for SMPL
Current profitability levels for the company are sitting at:
- 0.16 for the present operating margin
- 0.38 for the gross margin
The net margin for Simply Good Foods Co stands at 0.1. The total capital return value is set at 0.09. Equity return is now at value 8.39, with 6.24 for asset returns.
Based on Simply Good Foods Co (SMPL), the company’s capital structure generated 0.16 points at debt to capital in total, while cash flow to debt ratio is standing at 0.58. The debt to equity ratio resting at 0.2. The interest coverage ratio of the stock is 7.61.
Currently, EBITDA for the company is 240.06 million with net debt to EBITDA at 0.94. When we switch over and look at the enterprise to sales, we see a ratio of 2.95. The receivables turnover for the company is 9.11for trailing twelve months and the total asset turnover is 0.56. The liquidity ratio also appears to be rather interesting for investors as it stands at 4.23.
Conclusion
In a nutshell, Simply Good Foods Co (SMPL) has experienced a mixed performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
