Simply Good Foods Co (NASDAQ: SMPL) is -15.39% lower on its value in year-to-date trading and has touched a low of $30.00 and a high of $42.37 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The SMPL stock was last observed hovering at around $34.10 in the last trading session, with the day’s loss setting it -1.12%.
Currently trading at $32.98, the stock is -12.31% and -13.00% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.03 million and changing -3.28% at the moment leaves the stock -6.95% off its SMA200. SMPL registered -20.95% loss for a year compared to 6-month gain of -11.30%. The firm has a 50-day simple moving average (SMA 50) of $37.9225 and a 200-day simple moving average (SMA200) of $35.448124.
The stock witnessed a -16.74% loss in the last 1 month and extending the period to 3 months gives it a -3.43%, and is -10.28% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.59% over the week and 2.71% over the month.
Simply Good Foods Co (SMPL) has around 316 employees, a market worth around $3.33B and $1.36B in sales. Current P/E ratio is 23.56 and Fwd P/E is 15.40. Profit margin for the company is 10.40%. Distance from 52-week low is 9.93% and -22.16% from its 52-week high. The company has generated returns on investments over the last 12 months (6.58%).
with sales reaching $354.5M over the same period.The EPS is expected to grow by 5.18% this year, but quarterly earnings will post 9.58% year-over-year. Quarterly sales are estimated to grow 13.55% in year-over-year returns.
370.0 institutions hold shares in Simply Good Foods Co (SMPL), with institutional investors hold 100.36% of the company’s shares. The shares outstanding are 101.03M, and float is at 92.27M with Short Float at 4.51%. Institutions hold 91.99% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 13.82 million shares valued at $499.34 million. The investor’s holdings represent 13.8172 of the SMPL Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 11.28 million shares valued at $407.41 million to account for 11.2734 of the shares outstanding. The other top investors are FMR LLC which holds 4.27 million shares representing 4.2727 and valued at over $154.41 million, while CAPITAL WORLD INVESTORS holds 4.2673 of the shares totaling 4.27 million with a market value of $154.22 million.
Simply Good Foods Co (SMPL) Insider Activity
The most recent transaction is an insider sale by KRAFT TIMOTHY RICHARD, the company’s Chf Legal & Corp. Affairs Of.. SEC filings show that KRAFT TIMOTHY RICHARD sold 76,761 shares of the company’s common stock on Nov 18 ’24 at a price of $37.60 per share for a total of $2.89 million. Following the sale, the insider now owns 40068.0 shares.
Still, SEC filings show that on Nov 14 ’24, Ratzan Brian K. (Director) disposed off 50,000 shares at an average price of $37.38 for $1.87 million. The insider now directly holds 2,049,387 shares of Simply Good Foods Co (SMPL).
