The Simply Good Foods Company (NASDAQ:SMPL – Get Free Report) has been assigned an average rating of “Hold” from the thirteen brokerages that are currently covering the stock, Marketbeat.com reports. One analyst has rated the stock with a sell recommendation, nine have given a hold recommendation and three have assigned a buy recommendation to the company. The average 1-year price objective among brokers that have issued ratings on the stock in the last year is $14.45.
A number of equities analysts have recently commented on the stock. Truist Financial set a $11.00 target price on shares of Simply Good Foods in a report on Wednesday, August 26th. Sanford C. Bernstein cut shares of Simply Good Foods from an “outperform” rating to a “market perform” rating and decreased their price target for the stock from $17.00 to $12.00 in a research note on Wednesday, June 3rd. Weiss Ratings reissued a “sell (d)” rating on shares of Simply Good Foods in a research report on Monday, September 14th. UBS Group set a $15.00 price objective on shares of Simply Good Foods in a research note on Friday, July 10th. Finally, DA Davidson reduced their target price on shares of Simply Good Foods from $39.00 to $14.00 and set a “neutral” rating for the company in a report on Friday, July 10th.
View Our Latest Stock Analysis on SMPL
Simply Good Foods Stock Up 1.8%
Simply Good Foods (NASDAQ:SMPL – Get Free Report) last released its quarterly earnings results on Thursday, July 9th. The financial services provider reported $0.42 EPS for the quarter, topping the consensus estimate of $0.35 by $0.07. Simply Good Foods had a positive return on equity of 9.34% and a negative net margin of 14.28%.The company had revenue of $356.98 million for the quarter, compared to analyst estimates of $332.99 million. During the same quarter in the previous year, the company posted $0.51 earnings per share. The firm’s revenue was down 6.3% compared to the same quarter last year. Equities research analysts forecast that Simply Good Foods will post 1.54 earnings per share for the current year.
Key Simply Good Foods News
Here are the key news stories impacting Simply Good Foods this week:
- Neutral Sentiment: Multiple law firms reminded investors that October 13, 2026 is the deadline to seek lead-plaintiff status in the pending securities class action. The notices target investors who purchased SMPL shares between October 24, 2024, and April 8, 2026. These announcements are largely duplicative and do not represent a new operating development. Rosen Law Firm deadline notice Kaplan Fox deadline notice
- Negative Sentiment: Robbins Geller, Kaplan Fox, Pomerantz, Bronstein Gewirtz & Grossman, Bernstein Liebhard, SBS Law and other firms reported or promoted the class action against The Simply Good Foods Company and certain executives. The concentration of legal notices may weigh on the shares by raising potential litigation costs, reputational concerns and uncertainty over alleged investor harm. The provided reports do not establish liability, and the allegations remain unproven. Robbins Geller class action notice Bronstein Gewirtz & Grossman class action notice
- Neutral Sentiment: One market-data item reported zero short interest as of September 24, offering no evidence of meaningful short-covering or short-selling pressure. The supplied articles contain no new earnings, revenue, guidance or product news to offset the litigation-related concerns.
Institutional Trading of Simply Good Foods
Several institutional investors and hedge funds have recently added to or reduced their stakes in SMPL. Sequoia Financial Advisors LLC acquired a new stake in Simply Good Foods during the 2nd quarter worth approximately $167,000. Tidal Investments LLC purchased a new position in Simply Good Foods in the 2nd quarter valued at $609,000. Integrated Wealth Concepts LLC acquired a new position in Simply Good Foods in the 2nd quarter valued at $213,000. Allworth Financial LP increased its stake in Simply Good Foods by 358.8% in the 2nd quarter. Allworth Financial LP now owns 5,437 shares of the financial services provider’s stock valued at $72,000 after buying an additional 4,252 shares during the period. Finally, Corient Private Wealth LP purchased a new position in Simply Good Foods during the 2nd quarter worth $277,000. 88.45% of the stock is owned by hedge funds and other institutional investors.
About Simply Good Foods
Simply Good Foods Co (NASDAQ:SMPL) is a consumer packaged food company focused on nutrition-focused snacks and beverages. Its portfolio is built around products that support low-carbohydrate, high-protein and better-for-you eating preferences.
The company’s principal brands include Atkins, which offers nutrition bars, shakes, frozen meals, confectionery products and other low-carbohydrate foods, and Quest, which markets protein bars, cookies, chips, snacks, powders and ready-to-drink beverages.
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