12 Month Price Forecast For SMPL
Distance to SMPL Price Forecasts
SMPL Price Momentum
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Disclaimer: The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.
Data last updated: December 13, 2024 2:44 PM UTC
SMPL Analyst Ratings & Price Targets
Based on our analysis of 17 Wall Street analysts, SMPL has a consensus that is bullish. The median price target is $40.00, with forecasts ranging from $33.00 to $45.00. Currently, there are 7 Buy ratings, 4 Hold ratings, and 0 Sell ratings.
With SMPL currently trading at $39.61, the median price forecast suggests a 1.0% upside. The most optimistic forecast comes from John Baumgartner at Mizuho, projecting a 13.6% upside, while Pamela Kaufman at Morgan Stanley provides the most conservative target, suggesting a -16.7% downside.
Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.
SMPL Analyst Consensus
SMPL Price Target Range
Latest SMPL Stock Forecasts by Analyst
These are the latest 20 analyst ratings and price targets for SMPL.
| Date | Firm | Analyst | Rating | Change | Price Target |
|---|---|---|---|---|---|
| Dec 9, 2024 | Mizuho | John Baumgartner | Outperform | Maintains | $45.00 |
| Nov 14, 2024 | Citigroup | Wendy Nicholson | Buy | Maintains | $43.00 |
| Oct 23, 2024 | Stephens & Co. | Ben Bienvenu | Overweight | Maintains | $42.00 |
| Jul 1, 2024 | DA Davidson | Brian Holland | Neutral | Maintains | $38.00 |
| Jun 28, 2024 | Needham | Matt McGinley | Buy | Reiterates | $41.00 |
| Jun 14, 2024 | Deutsche Bank | Steve Powers | Hold | Maintains | $37.00 |
| Jun 14, 2024 | Stifel | Matthew Smith | Buy | Maintains | $40.00 |
| Apr 30, 2024 | DA Davidson | Brian Holland | Neutral | Maintains | $35.00 |
| Apr 30, 2024 | Needham | Matt McGinley | Buy | Reiterates | $41.00 |
| Apr 22, 2024 | TD Cowen | Robert Moskow | Hold | Initiates | $34.00 |
| Apr 11, 2024 | Morgan Stanley | Pamela Kaufman | Overweight | Maintains | $42.00 |
| Apr 8, 2024 | Mizuho | John Baumgartner | Buy | Maintains | $40.00 |
| Apr 5, 2024 | DA Davidson | Brian Holland | Neutral | Maintains | $34.00 |
| Apr 5, 2024 | Mizuho | John Baumgartner | Buy | Maintains | $50.00 |
| Apr 5, 2024 | Needham | Matt McGinley | Buy | Maintains | $41.00 |
| Mar 28, 2024 | Stifel | Matthew Smith | Buy | Maintains | $38.00 |
| Mar 20, 2024 | Morgan Stanley | Pamela Kaufman | Overweight | Maintains | $42.00 |
| Mar 20, 2024 | DA Davidson | Brian Holland | Neutral | Maintains | $39.00 |
| Jan 5, 2024 | DA Davidson | Brian Holland | Neutral | Maintains | $44.00 |
| Jan 5, 2024 | Needham | Matt McGinley | Buy | Maintains | $45.00 |
Simply Good Foods Co-The (SMPL) Financial Data
Simply Good Foods Co-The has a market capitalization of $4.00B with a P/E ratio of 28.9x. The company generates $1.33B in trailing twelve-month revenue with a 10.5% profit margin.
Revenue growth is +17.2% quarter-over-quarter, while maintaining an operating margin of +17.7% and return on equity of +8.4%.
Valuation Metrics
Growth & Margins
Financial Health
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Simply Good Foods Co-The (SMPL) Company Overview
About Simply Good Foods Co-The
Develops and sells snacks and meal replacements.
The company operates by creating a diverse range of consumer-packaged food products, including protein bars, shakes, and snacks under well-known brand names like Quest and Atkins. It generates revenue through direct sales to retailers and consumers via various channels, including e-commerce platforms and physical stores.
Founded in 2017 and based in Denver, Colorado, the company not only sells its products but also licenses its brand for certain items. It has a broad distribution network, reaching various retail segments such as grocery, drug, club, and convenience stores.
Company Information
Sector
Consumer Defensive
Industry
Packaged Foods
Employees
316
CEO
Mr. Geoff E. Tanner
Country
United States
IPO Year
2017
Simply Good Foods Co-The (SMPL) Latest News & Analysis
Simply Good Foods to Report First Quarter Fiscal Year 2025 Financial Results on Thursday, January 9, 2025
2 days agoSimply Good Foods (NASDAQ: SMPL) will report Q1 financial results for the period ending November 30, 2024, on January 9, 2025, before market open, followed by a conference call.
The upcoming financial results announcement on January 9, 2025, will provide insights into Simply Good Foods' performance, impacting stock valuation and investor sentiment.
Simply Good Foods (SMPL) Now Trades Above Golden Cross: Time to Buy?
17 days agoThe Simply Good Foods Company (SMPL) has reached a key support level and experienced a "golden cross," with its 50-day moving average surpassing the 200-day average, indicating potential bullish momentum.
The "golden cross" signals bullish momentum for SMPL, indicating potential price increases, attracting investors looking for growth opportunities.
Undervalued but poised for growth: Simply Good Foods could be a good buy
29 days agoConsumer demand for healthier eating is rising, benefiting food companies like Simply Good Foods, which offers low-carb, low-sugar, and high-protein products.
Rising consumer demand for health-focused foods boosts sales for companies like Simply Good Foods, indicating strong growth potential and market opportunities in the health and wellness sector.
Quest™ Launches "Sweet on Protein" Campaign to Debut New Bake Shop Line
1 month agoQuest is launching the "Sweet on Protein" campaign to promote its new protein-packed baked goods, building on the success of its prior campaign, "It's Basically Cheating."
Quest's new "Sweet on Protein" campaign signals innovation in the growing protein market, potentially driving sales and enhancing brand visibility, which can positively impact Simply Good Foods' stock performance.
The Simply Good Foods Company (SMPL) Q4 2024 Earnings Call Transcript
1 month agoThe Simply Good Foods Company (NASDAQ: SMPL) will hold its Q4 2024 Earnings Conference Call on October 1, 2023, at 8:30 AM ET, featuring key executives and analysts.
The Simply Good Foods Company's Q4 2024 earnings call may reveal financial performance, strategic insights, and future guidance, influencing stock valuation and investor sentiment.
Simply Good Foods (SMPL) Q4 Earnings and Revenues Surpass Estimates
1 month agoSimply Good Foods (SMPL) reported Q3 earnings of $0.50 per share, exceeding estimates of $0.48 and up from $0.45 per share year-over-year.
Simply Good Foods' earnings beat estimates and show year-over-year growth, indicating strong performance and potential for stock price appreciation.
Frequently Asked Questions About SMPL Stock
What is Simply Good Foods Co-The's (SMPL) stock forecast for 2025?
Based on our analysis of 17 Wall Street analysts, Simply Good Foods Co-The (SMPL) has a median price target of $40.00. The highest price target is $45.00 and the lowest is $33.00.
Is SMPL stock a good investment in 2025?
According to current analyst ratings, SMPL has 7 Buy ratings, 4 Hold ratings, and 0 Sell ratings. The stock is currently trading at $39.61. Always conduct your own research and consider your investment goals before making investment decisions.
What is the price prediction for SMPL stock?
Wall Street analysts predict SMPL stock could reach $40.00 in the next 12 months. This represents a 1.0% increase from the current price of $39.61. Please note that this is a projection by Wall Street analysts and not a guarantee.
What is Simply Good Foods Co-The's business model?
The company operates by creating a diverse range of consumer-packaged food products, including protein bars, shakes, and snacks under well-known brand names like Quest and Atkins. It generates revenue through direct sales to retailers and consumers via various channels, including e-commerce platforms and physical stores.
What is the highest forecasted price for SMPL Simply Good Foods Co-The?
The highest price target for SMPL is $45.00 from John Baumgartner at Mizuho, which represents a 13.6% increase from the current price of $39.61.
What is the lowest forecasted price for SMPL Simply Good Foods Co-The?
The lowest price target for SMPL is $33.00 from Pamela Kaufman at Morgan Stanley, which represents a -16.7% decrease from the current price of $39.61.
What is the overall SMPL consensus from analysts for Simply Good Foods Co-The?
The overall analyst consensus for SMPL is bullish. Out of 17 Wall Street analysts, 7 rate it as Buy, 4 as Hold, and 0 as Sell, with a median price target of $40.00.
How accurate are SMPL stock price projections?
Stock price projections, including those for Simply Good Foods Co-The, are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.
