Simply Good Foods Company (SMPL) Stock Forecast, Price Target & Predictions
SMPL Stock Forecast
Simply Good Foods Company stock forecast is as follows: an average price target of $40.22 (represents a 17.77% upside from SMPL’s last price of $34.15) and a rating consensus of 'Buy', based on 10 wall street analysts offering a 1-year stock forecast.
SMPL Price Target
The average price target for Simply Good Foods Company (SMPL) is $40.22 based on 1-year price targets from 10 Wall Street analysts in the past 3 months, with a price target range of $45.00 to $35.00. This represents a potential 17.77% upside from SMPL's last price of $34.15.
SMPL Analyst Ratings
According to 10 Wall Street analysts, Simply Good Foods Company's rating consensus is 'Buy'. The analyst rating breakdown for SMPL stock is 0 'Strong Buy' (0.00%), 8 'Buy' (80.00%), 2 'Hold' (20.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Simply Good Foods Company Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Jun 28, 2024 | Brian Hollan | D.A. Davidson | $38.00 | $36.13 | 5.18% | 11.27% |
| Jun 14, 2024 | Matthew Smith | Stifel Nicolaus | $40.00 | $36.60 | 9.29% | 17.13% |
| Jun 14, 2024 | Steve Powers | Deutsche Bank | $37.00 | $36.60 | 1.09% | 8.35% |
| Apr 30, 2024 | Brian Hollan | D.A. Davidson | $35.00 | $36.45 | -3.98% | 2.49% |
| Apr 08, 2024 | John Baumgartner | Mizuho Securities | $40.00 | $32.20 | 24.22% | 17.13% |
| Apr 05, 2024 | Brian Hollan | D.A. Davidson | $34.00 | $32.40 | 4.95% | -0.44% |
| Apr 05, 2024 | Kaumil Gajrawala | Jefferies | $35.00 | $32.73 | 6.94% | 2.49% |
| Apr 05, 2024 | Steve Powers | Deutsche Bank | $36.00 | $32.73 | 9.99% | 5.42% |
| Mar 28, 2024 | Matthew Smith | Stifel Nicolaus | $38.00 | $33.89 | 12.13% | 11.27% |
| Mar 20, 2024 | Brian Hollan | D.A. Davidson | $39.00 | $33.49 | 16.45% | 14.20% |
The latest Simply Good Foods Company stock forecast, released on Jun 28, 2024 by Brian Hollan from D.A. Davidson, set a price target of $38.00, which represents a 5.18% increase from the stock price at the time of the forecast ($36.13), and a 11.27% increase from SMPL last price ($34.15).
Simply Good Foods Company Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 1 | 11 |
| Avg Price Target | - | $38.00 | $37.45 |
| Last Closing Price | $34.15 | $34.15 | $34.15 |
| Upside/Downside | -100.00% | 11.27% | 9.66% |
In the current month, the average price target of Simply Good Foods Company stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Simply Good Foods Company's last price of $34.15. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Jun 14, 2024 | Deutsche Bank | Hold | Hold | Hold |
| Apr 16, 2024 | Bernstein | Outperform | Outperform | Hold |
| Apr 08, 2024 | Piper Sandler | Buy | Buy | Hold |
| Apr 05, 2024 | Jefferies | Hold | Hold | Hold |
| Apr 05, 2024 | Deutsche Bank | Hold | Hold | Hold |
| Jan 05, 2024 | Needham | Buy | Buy | Hold |
| Oct 10, 2023 | Needham | Buy | Buy | Hold |
| Sep 18, 2023 | Morgan Stanley | - | Overweight | Upgrade |
| Jun 13, 2023 | Needham | Buy | Buy | Hold |
| Apr 05, 2023 | Deutsche Bank | Buy | Buy | Hold |
Simply Good Foods Company's last stock rating was published by Deutsche Bank on Jun 14, 2024. The company gave SMPL a "Hold" rating, the same as its previous rate.
Simply Good Foods Company Financial Forecast
Simply Good Foods Company Revenue Forecast
| Aug 26 | May 26 | Feb 26 | Nov 25 | Aug 25 | May 25 | Feb 25 | Nov 24 | Aug 24 | May 24 | Feb 24 | Nov 23 | Aug 23 | May 23 | Feb 23 | Nov 22 | Aug 22 | May 22 | Feb 22 | Nov 21 | Aug 21 | May 21 | Feb 21 | Nov 20 | Aug 20 | May 20 | Feb 20 | Nov 19 | Aug 19 | May 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | $308.68M | - | $324.79M | $296.58M | $300.88M | $274.16M | $316.53M | $296.72M | $281.26M | $259.85M | $284.00M | $230.61M | $231.15M | $222.29M | $215.10M | $227.10M | $152.15M | $139.18M | $139.47M |
| Avg Forecast | $406.95M | $407.66M | $380.58M | $373.94M | $381.38M | $387.05M | $359.46M | $354.92M | $374.56M | $337.66M | $316.86M | $309.26M | $320.16M | $321.35M | $293.86M | $300.55M | $281.09M | $268.72M | $295.48M | $273.86M | $255.54M | $244.29M | $230.03M | $214.64M | $171.77M | $212.95M | $167.86M | $145.24M | $298.25M | $122.03M |
| High Forecast | $406.95M | $407.66M | $380.58M | $373.94M | $381.38M | $387.05M | $359.46M | $354.92M | $375.78M | $337.66M | $316.86M | $314.56M | $325.68M | $321.35M | $293.86M | $300.55M | $337.31M | $322.46M | $354.58M | $328.63M | $306.65M | $293.15M | $276.04M | $257.57M | $206.12M | $255.54M | $201.43M | $174.28M | $357.90M | $146.44M |
| Low Forecast | $406.95M | $407.66M | $380.58M | $373.94M | $381.38M | $387.05M | $359.46M | $354.92M | $372.89M | $337.66M | $316.86M | $304.93M | $315.83M | $321.35M | $293.86M | $300.55M | $224.88M | $214.98M | $236.38M | $219.09M | $204.43M | $195.43M | $184.02M | $171.71M | $137.41M | $170.36M | $134.29M | $116.19M | $238.60M | $97.63M |
| # Analysts | 3 | 4 | 5 | 4 | 5 | 2 | 2 | 3 | 7 | 3 | 4 | 5 | 10 | 5 | 5 | 9 | 20 | 19 | 18 | 16 | 15 | 16 | 16 | 19 | 19 | 20 | 18 | 17 | 10 | 13 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | 1.00% | - | 1.01% | 1.01% | 1.00% | 0.98% | 1.18% | 1.00% | 1.03% | 1.02% | 1.16% | 1.00% | 1.08% | 1.29% | 1.01% | 1.35% | 1.05% | 0.47% | 1.14% |
Simply Good Foods Company's average Quarter revenue forecast for Feb 24 based on 4 analysts is $316.86M, with a low forecast of $316.86M, and a high forecast of $316.86M. SMPL's average Quarter revenue forecast represents a 2.65% increase compared to the company's last Quarter revenue of $308.68M (Nov 23).
Simply Good Foods Company EBITDA Forecast
| Aug 26 | May 26 | Feb 26 | Nov 25 | Aug 25 | May 25 | Feb 25 | Nov 24 | Aug 24 | May 24 | Feb 24 | Nov 23 | Aug 23 | May 23 | Feb 23 | Nov 22 | Aug 22 | May 22 | Feb 22 | Nov 21 | Aug 21 | May 21 | Feb 21 | Nov 20 | Aug 20 | May 20 | Feb 20 | Nov 19 | Aug 19 | May 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 4 | 5 | 4 | 5 | 2 | 2 | 3 | 7 | 3 | 4 | 5 | 10 | 5 | 5 | 9 | 20 | 19 | 18 | 16 | 15 | 16 | 16 | 19 | 19 | 20 | 18 | 17 | 10 | 13 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | $45.43M | - | $43.86M | $49.37M | $59.12M | $49.63M | $61.78M | $52.43M | $64.40M | $46.87M | $66.01M | $39.03M | $44.93M | $33.96M | $35.49M | $31.68M | $27.74M | $20.10M | $24.32M |
| Avg Forecast | $74.60M | $74.73M | $69.76M | $68.55M | $69.91M | $70.95M | $65.89M | $65.06M | $68.66M | $61.90M | $32.64M | $56.69M | $58.69M | $58.91M | $29.68M | $55.09M | $39.57M | $21.85M | $26.98M | $34.36M | $35.98M | $19.86M | $36.53M | $27.82M | $22.58M | $35.95M | $19.92M | $1.52M | $20.82M | $20.06M |
| High Forecast | $74.60M | $74.73M | $69.76M | $68.55M | $69.91M | $70.95M | $65.89M | $65.06M | $68.88M | $61.90M | $39.17M | $57.66M | $59.70M | $58.91M | $35.61M | $55.09M | $47.49M | $26.22M | $32.37M | $41.23M | $43.17M | $23.83M | $43.83M | $33.38M | $27.10M | $43.14M | $23.91M | $1.83M | $24.99M | $24.08M |
| Low Forecast | $74.60M | $74.73M | $69.76M | $68.55M | $69.91M | $70.95M | $65.89M | $65.06M | $68.35M | $61.90M | $26.11M | $55.90M | $57.89M | $58.91M | $23.74M | $55.09M | $31.66M | $17.48M | $21.58M | $27.49M | $28.78M | $15.89M | $29.22M | $22.26M | $18.07M | $28.76M | $15.94M | $1.22M | $16.66M | $16.05M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | 0.80% | - | 0.74% | 1.66% | 1.07% | 1.25% | 2.83% | 1.94% | 1.87% | 1.30% | 3.32% | 1.07% | 1.62% | 1.50% | 0.99% | 1.59% | 18.23% | 0.97% | 1.21% |
4 analysts predict SMPL's average Quarter EBITDA for Feb 24 to be $32.64M, with a high of $39.17M and a low of $26.11M. This is -28.15% lower than Simply Good Foods Company's previous annual EBITDA (Nov 23) of $45.43M.
Simply Good Foods Company Net Income Forecast
| Aug 26 | May 26 | Feb 26 | Nov 25 | Aug 25 | May 25 | Feb 25 | Nov 24 | Aug 24 | May 24 | Feb 24 | Nov 23 | Aug 23 | May 23 | Feb 23 | Nov 22 | Aug 22 | May 22 | Feb 22 | Nov 21 | Aug 21 | May 21 | Feb 21 | Nov 20 | Aug 20 | May 20 | Feb 20 | Nov 19 | Aug 19 | May 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 4 | 5 | 4 | 5 | 2 | 2 | 3 | 7 | 3 | 4 | 5 | 10 | 5 | 5 | 9 | 20 | 19 | 18 | 16 | 15 | 16 | 16 | 19 | 19 | 20 | 18 | 17 | 10 | 13 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | $35.56M | - | $35.43M | $25.64M | $35.86M | $30.13M | $38.83M | $18.46M | $21.15M | $18.25M | $5.89M | $19.12M | $22.50M | $12.43M | $16.41M | $10.66M | $-4.79M | $6.09M | $13.47M |
| Avg Forecast | $55.06M | $58.50M | $48.26M | $50.71M | $49.92M | $53.40M | $43.39M | $46.23M | $50.33M | $48.77M | $14.89M | $40.84M | $44.56M | $40.71M | $13.54M | $41.06M | $17.75M | $3.69M | $12.31M | $15.55M | $16.14M | $3.35M | $17.46M | $13.93M | $8.77M | $16.24M | $6.90M | $-4.56M | $8.41M | $11.54M |
| High Forecast | $55.06M | $58.50M | $48.26M | $50.71M | $49.92M | $53.40M | $43.39M | $46.23M | $52.43M | $48.77M | $17.87M | $41.86M | $46.54M | $40.71M | $16.25M | $41.06M | $21.31M | $4.43M | $14.77M | $18.66M | $19.37M | $4.02M | $20.95M | $16.71M | $10.53M | $19.49M | $8.27M | $-3.65M | $10.09M | $13.85M |
| Low Forecast | $55.06M | $58.50M | $48.26M | $50.71M | $49.92M | $53.40M | $43.39M | $46.23M | $49.28M | $48.77M | $11.91M | $39.82M | $42.58M | $40.71M | $10.83M | $41.06M | $14.20M | $2.95M | $9.85M | $12.44M | $12.91M | $2.68M | $13.97M | $11.14M | $7.02M | $12.99M | $5.52M | $-5.48M | $6.72M | $9.23M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | 0.87% | - | 0.87% | 1.89% | 0.87% | 1.70% | 10.53% | 1.50% | 1.36% | 1.13% | 1.76% | 1.10% | 1.62% | 1.42% | 1.01% | 1.55% | 1.05% | 0.72% | 1.17% |
Simply Good Foods Company's average Quarter net income forecast for Feb 24 is $14.89M, with a range of $11.91M to $17.87M. SMPL's average Quarter net income forecast represents a -58.12% decrease compared to the company's last Quarter net income of $35.56M (Nov 23).
Simply Good Foods Company SG&A Forecast
| Aug 26 | May 26 | Feb 26 | Nov 25 | Aug 25 | May 25 | Feb 25 | Nov 24 | Aug 24 | May 24 | Feb 24 | Nov 23 | Aug 23 | May 23 | Feb 23 | Nov 22 | Aug 22 | May 22 | Feb 22 | Nov 21 | Aug 21 | May 21 | Feb 21 | Nov 20 | Aug 20 | May 20 | Feb 20 | Nov 19 | Aug 19 | May 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 4 | 5 | 4 | 5 | 2 | 2 | 3 | 7 | 3 | 4 | 5 | 10 | 5 | 5 | 9 | 20 | 19 | 18 | 16 | 15 | 16 | 16 | 19 | 19 | 20 | 18 | 17 | 10 | 13 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | $58.94M | - | $60.68M | $55.88M | $54.17M | $53.99M | $59.05M | $58.24M | $54.23M | $59.29M | $56.49M | $52.71M | $50.61M | $55.77M | $53.22M | $55.14M | $36.58M | $40.19M | $42.07M |
| Avg Forecast | $88.76M | $88.91M | $83.01M | $81.56M | $83.18M | $84.42M | $78.40M | $77.41M | $81.69M | $73.65M | $46.98M | $67.45M | $69.83M | $70.09M | $42.71M | $65.55M | $57.70M | $35.36M | $38.83M | $39.87M | $52.45M | $32.14M | $48.13M | $15.73M | $22.09M | $52.69M | $35.68M | $34.84M | $22.83M | $28.71M |
| High Forecast | $88.76M | $88.91M | $83.01M | $81.56M | $83.18M | $84.42M | $78.40M | $77.41M | $81.96M | $73.65M | $56.38M | $68.61M | $71.03M | $70.09M | $51.25M | $65.55M | $69.24M | $42.43M | $46.59M | $47.85M | $62.94M | $38.57M | $57.75M | $18.88M | $26.50M | $63.22M | $42.82M | $41.80M | $27.39M | $34.45M |
| Low Forecast | $88.76M | $88.91M | $83.01M | $81.56M | $83.18M | $84.42M | $78.40M | $77.41M | $81.33M | $73.65M | $37.59M | $66.51M | $68.88M | $70.09M | $34.17M | $65.55M | $46.16M | $28.29M | $31.06M | $31.90M | $41.96M | $25.71M | $38.50M | $12.59M | $17.67M | $42.15M | $28.55M | $27.87M | $18.26M | $22.97M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | 0.87% | - | 0.87% | 1.31% | 0.83% | 0.94% | 1.67% | 1.50% | 1.36% | 1.13% | 1.76% | 1.10% | 3.22% | 2.53% | 1.01% | 1.55% | 1.05% | 1.76% | 1.47% |
Simply Good Foods Company's average Quarter SG&A projection for Feb 24 is $46.98M, based on 4 Wall Street analysts, with a range of $37.59M to $56.38M. The forecast indicates a -20.29% fall compared to SMPL last annual SG&A of $58.94M (Nov 23).
Simply Good Foods Company EPS Forecast
| Aug 26 | May 26 | Feb 26 | Nov 25 | Aug 25 | May 25 | Feb 25 | Nov 24 | Aug 24 | May 24 | Feb 24 | Nov 23 | Aug 23 | May 23 | Feb 23 | Nov 22 | Aug 22 | May 22 | Feb 22 | Nov 21 | Aug 21 | May 21 | Feb 21 | Nov 20 | Aug 20 | May 20 | Feb 20 | Nov 19 | Aug 19 | May 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 4 | 5 | 4 | 5 | 2 | 2 | 3 | 7 | 3 | 4 | 5 | 10 | 5 | 5 | 9 | 20 | 19 | 18 | 16 | 15 | 16 | 16 | 19 | 19 | 20 | 18 | 17 | 10 | 13 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | $0.36 | $0.26 | $0.36 | $0.30 | $0.39 | $0.19 | $0.22 | $0.19 | $0.06 | $-0.27 | $0.45 | $0.13 | $0.50 | $0.51 | $-0.05 | $0.07 | $0.16 |
| Avg Forecast | $0.54 | $0.58 | $0.48 | $0.50 | $0.49 | $0.53 | $0.43 | $0.46 | $0.50 | $0.48 | $0.38 | $0.40 | $0.44 | $0.40 | $0.29 | $0.41 | $1.27 | $1.15 | $1.43 | $1.89 | $1.25 | $1.01 | $0.21 | $0.13 | $0.12 | $0.15 | $0.11 | $0.20 | $0.21 | $0.12 |
| High Forecast | $0.54 | $0.58 | $0.48 | $0.50 | $0.49 | $0.53 | $0.43 | $0.46 | $0.52 | $0.48 | $0.38 | $0.41 | $0.46 | $0.40 | $0.29 | $0.41 | $1.27 | $1.24 | $1.46 | $1.93 | $1.27 | $1.03 | $0.25 | $0.16 | $0.14 | $0.18 | $0.13 | $0.24 | $0.25 | $0.14 |
| Low Forecast | $0.54 | $0.58 | $0.48 | $0.50 | $0.49 | $0.53 | $0.43 | $0.46 | $0.49 | $0.48 | $0.38 | $0.39 | $0.42 | $0.40 | $0.29 | $0.41 | $1.27 | $1.07 | $1.40 | $1.85 | $1.22 | $0.99 | $0.17 | $0.10 | $0.10 | $0.12 | $0.09 | $0.16 | $0.17 | $0.10 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | 0.00% | - | 0.90% | 0.88% | 0.89% | 0.24% | 0.34% | 0.13% | 0.12% | 0.15% | 0.06% | -1.29% | 3.46% | 1.08% | 3.33% | 4.64% | -0.27% | 0.33% | 1.33% |
According to 4 Wall Street analysts, Simply Good Foods Company's projected average Quarter EPS for Feb 24 is $0.38, with a low estimate of $0.38 and a high estimate of $0.38. This represents a 94580.00% increase compared to SMPL previous annual EPS of - (Nov 23).
Simply Good Foods Company Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| HAIN | Hain Celestial Group | $8.33 | $12.48 | 49.82% | Hold |
| NATR | Nature's Sunshine Products | $14.06 | $18.00 | 28.02% | - |
| LANC | Lancaster Colony | $179.63 | $216.00 | 20.25% | Buy |
| SMPL | Simply Good Foods Company | $34.15 | $40.22 | 17.77% | Buy |
| POST | Post | $115.48 | $135.00 | 16.90% | Buy |
| THS | TreeHouse Foods | $42.77 | $42.00 | -1.80% | Hold |
| BRBR | BellRing Brands | $58.45 | $41.27 | -29.39% | Buy |
SMPL Forecast FAQ
Is Simply Good Foods Company a good buy?
Yes, according to 10 Wall Street analysts, Simply Good Foods Company (SMPL) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 8 'Buy' recommendations, accounting for 80.00% of SMPL's total ratings.
What is SMPL's price target?
Simply Good Foods Company (SMPL) average price target is $40.22 with a range of $35 to $45, implying a 17.77% from its last price of $34.15. The data is based on 10 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Simply Good Foods Company stock go up soon?
According to Wall Street analysts' prediction for SMPL stock, the company can go up by 17.77% (from the last price of $34.15 to the average price target of $40.22), up by 31.77% based on the highest stock price target, and up by 2.49% based on the lowest stock price target.
Can Simply Good Foods Company stock reach $50?
SMPL's average twelve months analyst stock price target of $40.22 does not support the claim that Simply Good Foods Company can reach $50 in the near future.
What are Simply Good Foods Company's analysts' financial forecasts?
Simply Good Foods Company's analysts financial forecasts for the fiscal year (Aug 2025) are as follows: average revenue is $1.48B (high $1.48B, low $1.48B), average EBITDA is $271.81M (high $271.81M, low $271.81M), average net income is $192.94M (high $192.94M, low $192.94M), average SG&A $323.42M (high $323.42M, low $323.42M), and average EPS is $1.91 (high $1.91, low $1.91). SMPL's analysts financial forecasts for the fiscal year (Aug 2026) are as follows: average revenue is $1.57B (high $1.57B, low $1.57B), average EBITDA is $287.63M (high $287.63M, low $287.63M), average net income is $212.53M (high $212.53M, low $212.53M), average SG&A $342.24M (high $342.24M, low $342.24M), and average EPS is $2.1 (high $2.1, low $2.1).
Did the SMPL's actual financial results beat the analysts' financial forecasts?
Based on Simply Good Foods Company's last annual report (Aug 2022), the company's revenue was $1.17B, beating the average analysts forecast of $1.12B by 4.43%. Apple's EBITDA was $228.24M, beating the average prediction of $122.76M by 85.93%. The company's net income was $108.57M, beating the average estimation of $49.3M by 120.21%. Apple's SG&A was $225.52M, beating the average forecast of $171.76M by 31.30%. Lastly, the company's EPS was $1.1, missing the average prediction of $5.75 by -80.86%. In terms of the last quarterly report (Nov 2023), Simply Good Foods Company's revenue was $308.68M, missing the average analysts' forecast of $309.26M by -0.19%. The company's EBITDA was $45.43M, missing the average prediction of $56.69M by -19.86%. Simply Good Foods Company's net income was $35.56M, missing the average estimation of $40.84M by -12.93%. The company's SG&A was $58.94M, missing the average forecast of $67.45M by -12.62%. Lastly, the company's EPS was $0.0004, missing the average prediction of $0.403 by -99.90%