The Simply Good Foods Company (NASDAQ:SMPL) Receives Consensus Rating of “Hold” from Brokerages

The Simply Good Foods Company (NASDAQ:SMPL) has been given an average rating of “Hold” by the thirteen analysts that are covering the stock, MarketBeat Ratings reports. One research analyst has rated the stock with a sell rating, nine have issued a hold rating and three have given a buy rating to the company. The average 1-year price objective among analysts that have updated their coverage on the stock in the last year is $17.30.

A number of equities research analysts have issued reports on SMPL shares. Stephens reissued an “equal weight” rating and set a $14.00 target price (down from $24.00) on shares of Simply Good Foods in a report on Friday, April 10th. Stifel Nicolaus dropped their target price on Simply Good Foods from $32.00 to $20.00 and set a “buy” rating on the stock in a research report on Friday, April 10th. Deutsche Bank Aktiengesellschaft reduced their price target on Simply Good Foods from $16.00 to $13.00 and set a “hold” rating for the company in a research report on Friday, April 10th. Morgan Stanley decreased their price objective on Simply Good Foods from $24.00 to $14.00 and set an “equal weight” rating on the stock in a research note on Friday, April 10th. Finally, Sanford C. Bernstein cut Simply Good Foods from an “outperform” rating to a “market perform” rating and dropped their price objective for the stock from $17.00 to $12.00 in a report on Wednesday, June 3rd.

Simply Good Foods Price Performance

SMPL opened at $13.01 on Friday. The firm has a 50-day moving average price of $12.29 and a 200-day moving average price of $15.06. Simply Good Foods has a twelve month low of $10.21 and a twelve month high of $34.19. The company has a quick ratio of 2.87, a current ratio of 5.06 and a debt-to-equity ratio of 0.27. The company has a market capitalization of $1.18 billion, a price-to-earnings ratio of -10.93 and a beta of 0.13.

Simply Good Foods (NASDAQ:SMPL) last announced its quarterly earnings results on Thursday, July 9th. The financial services provider reported $0.42 EPS for the quarter, beating analysts’ consensus estimates of $0.35 by $0.07. The company had revenue of $356.98 million for the quarter, compared to analysts’ expectations of $332.99 million. Simply Good Foods had a negative net margin of 7.46% and a positive return on equity of 9.72%. Simply Good Foods’s revenue was down 6.3% compared to the same quarter last year. During the same period in the prior year, the company posted $0.51 EPS. Equities analysts expect that Simply Good Foods will post 1.54 EPS for the current year.

Insider Activity

In other news, Director Clayton C. Daley, Jr. purchased 10,000 shares of the stock in a transaction dated Thursday, May 14th. The shares were purchased at an average cost of $11.78 per share, with a total value of $117,800.00. Following the completion of the acquisition, the director owned 111,743 shares in the company, valued at $1,316,332.54. This represents a 9.83% increase in their position. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, Director James M. Kilts acquired 80,000 shares of the business’s stock in a transaction dated Thursday, April 23rd. The stock was purchased at an average price of $12.39 per share, with a total value of $991,200.00. Following the completion of the transaction, the director directly owned 172,854 shares of the company’s stock, valued at $2,141,661.06. This trade represents a 86.16% increase in their position. The SEC filing for this purchase provides additional information. Corporate insiders own 8.76% of the company’s stock.

Institutional Trading of Simply Good Foods

Several institutional investors and hedge funds have recently bought and sold shares of SMPL. EverSource Wealth Advisors LLC boosted its holdings in Simply Good Foods by 125.4% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 967 shares of the financial services provider’s stock valued at $31,000 after purchasing an additional 538 shares during the period. Leonteq Securities AG grew its position in shares of Simply Good Foods by 96.2% during the 1st quarter. Leonteq Securities AG now owns 2,309 shares of the financial services provider’s stock valued at $33,000 after purchasing an additional 1,132 shares in the last quarter. Hantz Financial Services Inc. grew its position in shares of Simply Good Foods by 82.3% during the 4th quarter. Hantz Financial Services Inc. now owns 1,787 shares of the financial services provider’s stock valued at $36,000 after purchasing an additional 807 shares in the last quarter. Johnson Financial Group Inc. bought a new position in shares of Simply Good Foods in the third quarter worth $36,000. Finally, Parallel Advisors LLC increased its holdings in shares of Simply Good Foods by 167.4% in the fourth quarter. Parallel Advisors LLC now owns 2,126 shares of the financial services provider’s stock worth $43,000 after purchasing an additional 1,331 shares during the period. 88.45% of the stock is currently owned by hedge funds and other institutional investors.

Key Stories Impacting Simply Good Foods

Here are the key news stories impacting Simply Good Foods this week:

• Positive Sentiment: SMPL posted adjusted EPS of $0.42, beating estimates of $0.35, while revenue of $357.0 million also topped forecasts. The Simply Good Foods Company Reports Fiscal Third Quarter 2026 Financial Results and Updates Fiscal Year 2026 Outlook
• Positive Sentiment: The company raised its FY2026 outlook, signaling management sees some progress in its turnaround efforts and helping support investor optimism. The Simply Good Foods Company Reports Fiscal Third Quarter 2026 Financial Results and Updates Fiscal Year 2026 Outlook
• Neutral Sentiment: Shares also drew unusual call option activity, suggesting traders were positioning for more upside after the earnings release.
• Neutral Sentiment: Conference-call coverage and transcript reaction point to a “turnaround” narrative, but investors are still evaluating whether recent improvements are durable.
• Negative Sentiment: Despite the beat, net sales fell 6.3% year over year, adjusted EBITDA declined, and full-year guidance still implies lower sales and margins versus last year. The Simply Good Foods Company Reports Fiscal Third Quarter 2026 Financial Results and Updates Fiscal Year 2026 Outlook
• Negative Sentiment: Commentary around brand weakness, competition in the protein category, and distribution challenges shows the underlying business remains under pressure, which could limit the stock’s longer-term upside.

About Simply Good Foods

Simply Good Foods Co (NASDAQ: SMPL) is a North American consumer packaged foods company specializing in better-for-you nutrition products. The company’s portfolio centers on two well-established brands, Atkins and Quest, which offer a range of low-carbohydrate, high-protein bars, powders, shakes, and snacks. Simply Good Foods aims to support consumers’ health and wellness goals by delivering convenient, nutrient-dense options without added sugars or artificial sweeteners.

Under the Atkins brand, the company produces meal replacements, snack bars, and ready-to-drink shakes designed for low-carb dieters.