The Simply Good Foods Company ( SMPL) Stock. Should you Buy or Sell? $ 30.44
0.88 (2.81 %)
The Simply Good Foods Company AnalysisUpdated on 10-09-2022
|Volume Avg.||$720.05 thousand|
|Market Cap||$3.06 B|
|52 Week Range||$29.225 - $45.77|
The Simply Good Foods Company opened the day at $30.44 which is +'2.81 % on yesterday's close. The Simply Good Foods Company has a 52 week high of $45.77 and 52 week low of $29.225, which is a difference of $16.545. We like to see positive, upward trending shares, preferably with momentum. Market capitalization is $3.06 B and total net profit is $1005613000 which means the company is trading at 3.04 times profit to market capitalization. Theoretically, if you were to buy The Simply Good Foods Company for $3.06 B, it would take 15 years to get your money back. The Simply Good Foods Company are in the Packaged Foods space which will have a sweet spot and industry standard for net profit multiples.
The Simply Good Foods Company Stock Forecast - Is The Simply Good Foods Company a Buy or Sell?
|DCF Score||Strong Buy|
|PE Score||Strong Buy|
|PB Score||Strong Buy|
Growth and Value
|Net Profit Margin||0.084|
Valuing The Simply Good Foods Company
|Price Book Value Ratio||2.127||Price To Book Ratio||2.127|
|Price To Sales Ratio||2.648||Price Earnings Ratio||31.615|
How liquid is The Simply Good Foods Company
|Debt Ratio||0.320||Debt Equity Ratio||0.471|
|Long Term Debt To Capitalization||0.219||Total Debt To Capitalization||0.219|
Latest news about The Simply Good Foods Company
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The Simply Good Foods Company (NASDAQ:SMPL ) Q3 2022 Earnings Conference Call June 30, 2022 8:30 AM ET Company Participants Mark Pogharian - Vice President of Investor Relations Joe Scalzo - President and Chief Executive Officer Todd Cunfer - Chief Financial Officer Conference Call Participants Chris Growe - Stifel Nicolaus Jason English - Goldman Sachs Jack Hardin - Stephens Alexia Howard - Bernstein John Baumgartner - Mizuho Securities Cody Ross - UBS Steve Powers - Deutsche Bank Eric Larson - Seaport Research Partners John Anderson - William Blair Pamela Kaufman - Morgan Stanley Operator Greetings, and welcome to The Simply Good Foods Company Fiscal Third Quarter 2022 Earnings Conference Call. At this time, all participants are in a listen-only mode.
Simply Good Foods (SMPL) delivered earnings and revenue surprises of 25.71% and 8.60%, respectively, for the quarter ended May 2022. Do the numbers hold clues to what lies ahead for the stock?
Simply Good Foods Co (NASDAQ: SMPL) reported third-quarter FY22 sales growth of 11.5% year-on-year to $316.53 million, beating the consensus of $294.11 million. Gross profit was $118.6 million, with a gross margin contracting 510 basis points Y/Y to 37.5%.
Simply Good Foods (SMPL) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
About The Simply Good Foods Company
The Simply Good Foods Company operates as a consumer packaged food and beverage company in North America and internationally. The company develops, markets, and sells snacks and meal replacements. It offers protein bars, ready-to-drink shakes, sweet and salty snacks, cookies, pizza, protein chips, recipes, and confectionery products, as well as licensed frozen meals under the Atkins, Atkins Endulge, and Quest brand names. The company distributes its products to various retail channels, such as mass merchandise, grocery and drug channels, club stores, convenience stores, gas stations, and other channels. It also sells its products through e-commerce channels, including atkins.com, questnutrition.com, and amazon.com. The Simply Good Foods Company is headquartered in Denver, Colorado.