Simply Good Foods Co (NASDAQ:SMPL) Director Robert G. Montgomery purchased 5,000 shares of the stock in a transaction on Friday, February 9th. The stock was bought at an average cost of $12.40 per share, for a total transaction of $62,000.00. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.
Simply Good Foods Co (NASDAQ SMPL) traded down $0.15 during trading on Tuesday, reaching $13.02. 540,091 shares of the company’s stock traded hands, compared to its average volume of 443,700. The company has a current ratio of 4.20, a quick ratio of 3.31 and a debt-to-equity ratio of 0.31. Simply Good Foods Co has a 52-week low of $10.93 and a 52-week high of $16.01.
Simply Good Foods (NASDAQ:SMPL) last released its quarterly earnings results on Tuesday, January 9th. The financial services provider reported $0.14 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.16 by ($0.02). The business had revenue of $106.59 million for the quarter, compared to analysts’ expectations of $105.70 million. equities analysts forecast that Simply Good Foods Co will post 0.54 earnings per share for the current fiscal year.
Several research firms have weighed in on SMPL. Stifel Nicolaus began coverage on shares of Simply Good Foods in a report on Monday, January 22nd. They issued a “buy” rating and a $16.00 price target on the stock. SunTrust Banks began coverage on shares of Simply Good Foods in a report on Thursday, February 1st. They issued a “buy” rating and a $17.00 price target on the stock. Zacks Investment Research raised shares of Simply Good Foods from a “hold” rating to a “buy” rating and set a $16.00 price target on the stock in a report on Wednesday, January 10th. Finally, Berenberg Bank began coverage on shares of Simply Good Foods in a report on Thursday, November 16th. They issued a “buy” rating and a $15.00 price target on the stock. One investment analyst has rated the stock with a hold rating and four have issued a buy rating to the stock. Simply Good Foods has a consensus rating of “Buy” and a consensus price target of $16.00.
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Simply Good Foods Company Profile
The Simply Good Foods Company is a holding company. The Company through its subsidiaries, is engaged in developing, marketing and selling of branded nutritional foods and snacking products. The Company offers a range of products such as nutrition bars, ready to drink (RTD) shakes, snacks and confectionery products.
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