Simply Good Foods Co (NASDAQ: SMPL) is -14.16% lower on its value in year-to-date trading and has touched a low of $31.25 and a high of $40.53 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 $32.72 in the last trading session, with the day’s loss setting it -31.7%.
Currently trading at $1.02M, the stock is -4.87% and -9.18% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.78 million and changing 1775878% at the moment leaves the stock -11.33% off its SMA200. SMPL registered -18.65% loss for a year compared to 6-month loss of -18.38%. The firm has a 50-day simple moving average (SMA 50) of $34.9136 and a 200-day simple moving average (SMA200) of $35.761227.
The stock witnessed a -7.85% gain in the last 1 month and extending the period to 3 months gives it a -4.52%, and is -3.26% 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 1.87% over the week and 1.54% over the month.
Simply Good Foods Co (SMPL) has around 316 employees, a market worth around $3.20B and $1.41B in sales. Current P/E ratio is 22.12 and Fwd P/E is 15.18. Profit margin for the company is 10.31%. Distance from 52-week low is 1.47% and -21.75% from its 52-week high. The company has generated returns on investments over the last 12 months (6.77%).
with sales reaching $382.41M over the same period.The EPS is expected to grow by 6.37% this year, but quarterly earnings will post 9.66% year-over-year. Quarterly sales are estimated to grow 14.24% in year-over-year returns.
396.0 institutions hold shares in Simply Good Foods Co (SMPL), with institutional investors hold 106.07% of the company’s shares. The shares outstanding are 101.05M, and float is at 92.49M with Short Float at 4.98%. Institutions hold 97.26% 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 Heflin Stuart E. Jr., the company’s SVP & General Manager, Quest. SEC filings show that Heflin Stuart E. Jr. sold 5,000 shares of the company’s common stock on Apr 11 ’25 at a price of $37.25 per share for a total of $0.19 million. Following the sale, the insider now owns 12839.0 shares.
Still, SEC filings show that on Nov 18 ’24, KRAFT TIMOTHY RICHARD (Chf Legal & Corp. Affairs Of.) disposed off 76,761 shares at an average price of $37.60 for $2.89 million. The insider now directly holds 40,068 shares of Simply Good Foods Co (SMPL).
