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 $40.50 (represents a 6.58% upside from SMPL’s last price of $38.00) 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 $40.50 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 $36.00. This represents a potential 6.58% upside from SMPL's last price of $38.00.
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 |
|---|---|---|---|---|---|---|
| Nov 04, 2024 | Kaumil Gajrawala | Jefferies | $36.00 | $34.31 | 4.93% | -5.26% |
| Oct 23, 2024 | Ben Bienvenu | Stephens | $42.00 | $32.51 | 29.19% | 10.53% |
| Jun 28, 2024 | Brian Hollan | D.A. Davidson | $38.00 | $36.13 | 5.18% | - |
| Jun 14, 2024 | Matthew Smith | Stifel Nicolaus | $40.00 | $36.60 | 9.29% | 5.26% |
| Jun 14, 2024 | Steve Powers | Deutsche Bank | $37.00 | $36.60 | 1.09% | -2.63% |
| Apr 30, 2024 | Brian Hollan | D.A. Davidson | $35.00 | $36.45 | -3.98% | -7.89% |
| Apr 08, 2024 | John Baumgartner | Mizuho Securities | $40.00 | $32.20 | 24.22% | 5.26% |
| Apr 05, 2024 | Brian Hollan | D.A. Davidson | $34.00 | $32.40 | 4.95% | -10.53% |
| Apr 05, 2024 | Kaumil Gajrawala | Jefferies | $35.00 | $32.73 | 6.94% | -7.89% |
| Apr 05, 2024 | Steve Powers | Deutsche Bank | $36.00 | $32.73 | 9.99% | -5.26% |
The latest Simply Good Foods Company stock forecast, released on Nov 04, 2024 by Kaumil Gajrawala from Jefferies, set a price target of $36.00, which represents a 4.93% increase from the stock price at the time of the forecast ($34.31), and a -5.26% decrease from SMPL last price ($38.00).
Simply Good Foods Company Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 2 | 2 | 12 |
| Avg Price Target | $39.00 | $39.00 | $37.50 |
| Last Closing Price | $38.00 | $38.00 | $38.00 |
| Upside/Downside | 2.63% | 2.63% | -1.32% |
In the current month, the average price target of Simply Good Foods Company stock is $39.00, according to 2 Wall Street analysts offering twelve months forecast. The average price target represents a 2.63% increase as opposed to Simply Good Foods Company's last price of $38.00. This month's average price target is down 0.00% compared to last quarter, and up 4.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Oct 23, 2024 | Stephens | Overweight | Overweight | Hold |
| 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 |
Simply Good Foods Company's last stock rating was published by Stephens on Oct 23, 2024. The company gave SMPL a "Overweight" rating, the same as its previous rate.
Simply Good Foods Company Financial Forecast
Simply Good Foods Company Revenue Forecast
| Aug 27 | May 27 | Mar 27 | Dec 26 | Aug 26 | May 26 | Mar 26 | Dec 25 | Aug 25 | May 25 | Mar 25 | Dec 24 | Aug 24 | May 24 | Mar 24 | Dec 23 | Aug 23 | May 23 | Mar 23 | Dec 22 | Aug 22 | May 22 | Feb 22 | Nov 21 | Aug 21 | May 21 | Feb 21 | Nov 20 | Aug 20 | May 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $324.79M | - | - | $274.16M | $316.53M | $296.72M | $281.26M | $259.85M | $284.00M | $230.61M | $231.15M | $222.29M | $215.10M |
| Avg Forecast | $426.53M | $429.05M | $393.40M | $389.16M | $403.09M | $407.10M | $375.91M | $367.44M | $377.32M | $382.59M | $353.74M | $346.81M | $373.26M | $337.66M | $316.86M | $309.26M | $320.16M | $321.35M | $293.86M | $300.55M | $260.81M | $294.11M | $274.80M | $266.25M | $255.43M | $244.27M | $229.18M | $209.72M | $205.44M | $208.10M |
| High Forecast | $430.78M | $433.33M | $397.33M | $393.04M | $407.11M | $411.16M | $379.66M | $371.10M | $381.09M | $386.40M | $355.43M | $351.38M | $373.71M | $337.66M | $318.26M | $314.56M | $325.68M | $324.55M | $296.80M | $303.55M | $260.81M | $294.11M | $274.80M | $266.25M | $255.43M | $244.27M | $229.18M | $209.72M | $205.44M | $208.10M |
| Low Forecast | $420.75M | $423.24M | $388.07M | $383.89M | $397.63M | $401.59M | $370.82M | $362.46M | $372.21M | $377.41M | $350.48M | $341.23M | $372.81M | $337.66M | $315.46M | $304.93M | $315.83M | $316.99M | $289.88M | $296.48M | $260.81M | $294.11M | $274.80M | $266.25M | $255.43M | $244.27M | $229.18M | $209.72M | $205.44M | $208.10M |
| # Analysts | 6 | 3 | 6 | 3 | 3 | 3 | 3 | 3 | 4 | 5 | 7 | 8 | 6 | 2 | 4 | 5 | 10 | 5 | 8 | 4 | 4 | 4 | 4 | 5 | 5 | 5 | 5 | 5 | 6 | 5 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.01% | - | - | 1.05% | 1.08% | 1.08% | 1.06% | 1.02% | 1.16% | 1.01% | 1.10% | 1.08% | 1.03% |
Simply Good Foods Company's average Quarter revenue forecast for Aug 23 based on 10 analysts is $320.16M, with a low forecast of $315.83M, and a high forecast of $325.68M. SMPL's average Quarter revenue forecast represents a -1.43% decrease compared to the company's last Quarter revenue of $324.79M (May 23).
Simply Good Foods Company EBITDA Forecast
| Aug 27 | May 27 | Mar 27 | Dec 26 | Aug 26 | May 26 | Mar 26 | Dec 25 | Aug 25 | May 25 | Mar 25 | Dec 24 | Aug 24 | May 24 | Mar 24 | Dec 23 | Aug 23 | May 23 | Mar 23 | Dec 22 | Aug 22 | May 22 | Feb 22 | Nov 21 | Aug 21 | May 21 | Feb 21 | Nov 20 | Aug 20 | May 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 6 | 3 | 6 | 3 | 3 | 3 | 3 | 3 | 4 | 5 | 7 | 8 | 6 | 2 | 4 | 5 | 10 | 5 | 8 | 4 | 4 | 4 | 4 | 5 | 5 | 5 | 5 | 5 | 6 | 5 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $43.86M | - | - | $49.63M | $61.78M | $52.43M | $64.40M | $46.87M | $66.01M | $39.03M | $44.93M | $33.96M | $35.49M |
| Avg Forecast | $71.10M | $71.52M | $65.57M | $64.87M | $67.19M | $67.86M | $62.66M | $61.25M | $62.89M | $63.77M | $58.96M | $57.81M | $62.22M | $56.28M | $32.64M | $51.55M | $53.37M | $53.56M | $29.68M | $37.80M | $47.81M | $53.91M | $26.98M | $48.81M | $46.82M | $44.78M | $36.53M | $38.44M | $37.66M | $38.15M |
| High Forecast | $71.80M | $72.23M | $66.23M | $65.51M | $67.86M | $68.53M | $63.28M | $61.86M | $63.52M | $64.41M | $59.24M | $58.57M | $62.29M | $56.28M | $39.17M | $52.43M | $54.29M | $54.10M | $35.61M | $45.36M | $47.81M | $53.91M | $32.37M | $48.81M | $46.82M | $44.78M | $43.83M | $38.44M | $37.66M | $38.15M |
| Low Forecast | $70.13M | $70.55M | $64.69M | $63.99M | $66.28M | $66.94M | $61.81M | $60.42M | $62.04M | $62.91M | $58.42M | $56.88M | $62.14M | $56.28M | $26.11M | $50.83M | $52.64M | $52.84M | $23.74M | $30.24M | $47.81M | $53.91M | $21.58M | $48.81M | $46.82M | $44.78M | $29.22M | $38.44M | $37.66M | $38.15M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.82% | - | - | 1.04% | 1.15% | 1.94% | 1.32% | 1.00% | 1.47% | 1.07% | 1.17% | 0.90% | 0.93% |
10 analysts predict SMPL's average Quarter EBITDA for Aug 23 to be $53.37M, with a high of $54.29M and a low of $52.64M. This is 21.67% upper than Simply Good Foods Company's previous annual EBITDA (May 23) of $43.86M.
Simply Good Foods Company Net Income Forecast
| Aug 27 | May 27 | Mar 27 | Dec 26 | Aug 26 | May 26 | Mar 26 | Dec 25 | Aug 25 | May 25 | Mar 25 | Dec 24 | Aug 24 | May 24 | Mar 24 | Dec 23 | Aug 23 | May 23 | Mar 23 | Dec 22 | Aug 22 | May 22 | Feb 22 | Nov 21 | Aug 21 | May 21 | Feb 21 | Nov 20 | Aug 20 | May 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 6 | 3 | 6 | 3 | 3 | 3 | 3 | 3 | 4 | 5 | 7 | 8 | 6 | 2 | 4 | 5 | 10 | 5 | 8 | 4 | 4 | 4 | 4 | 5 | 5 | 5 | 5 | 5 | 6 | 5 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $35.43M | - | - | $30.13M | $38.83M | $18.46M | $21.15M | $18.25M | $5.89M | $19.12M | $22.50M | $12.43M | $16.41M |
| Avg Forecast | $57.94M | $63.16M | $50.64M | $54.73M | $57.52M | $59.94M | $47.30M | $50.91M | $50.53M | $54.05M | $42.23M | $47.13M | $50.24M | $48.81M | $14.89M | $40.88M | $44.59M | $40.74M | $13.54M | $17.11M | $28.89M | $35.14M | $12.31M | $34.84M | $25.75M | $28.68M | $17.46M | $20.84M | $16.28M | $15.78M |
| High Forecast | $58.69M | $63.98M | $51.29M | $55.44M | $58.26M | $60.72M | $47.91M | $51.57M | $51.18M | $54.75M | $43.26M | $50.27M | $50.31M | $48.89M | $17.87M | $41.90M | $46.57M | $41.27M | $16.25M | $20.53M | $28.89M | $35.14M | $14.77M | $34.84M | $25.75M | $28.68M | $20.95M | $20.84M | $16.28M | $15.78M |
| Low Forecast | $56.92M | $62.05M | $49.75M | $53.77M | $56.50M | $58.88M | $46.46M | $50.02M | $49.64M | $53.10M | $40.17M | $43.99M | $50.17M | $48.73M | $11.91M | $39.86M | $42.61M | $40.02M | $10.83M | $13.69M | $28.89M | $35.14M | $9.85M | $34.84M | $25.75M | $28.68M | $13.97M | $20.84M | $16.28M | $15.78M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.87% | - | - | 1.04% | 1.11% | 1.50% | 0.61% | 0.71% | 0.21% | 1.10% | 1.08% | 0.76% | 1.04% |
Simply Good Foods Company's average Quarter net income forecast for Aug 23 is $44.59M, with a range of $42.61M to $46.57M. SMPL's average Quarter net income forecast represents a 25.86% increase compared to the company's last Quarter net income of $35.43M (May 23).
Simply Good Foods Company SG&A Forecast
| Aug 27 | May 27 | Mar 27 | Dec 26 | Aug 26 | May 26 | Mar 26 | Dec 25 | Aug 25 | May 25 | Mar 25 | Dec 24 | Aug 24 | May 24 | Mar 24 | Dec 23 | Aug 23 | May 23 | Mar 23 | Dec 22 | Aug 22 | May 22 | Feb 22 | Nov 21 | Aug 21 | May 21 | Feb 21 | Nov 20 | Aug 20 | May 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 6 | 3 | 6 | 3 | 3 | 3 | 3 | 3 | 4 | 5 | 7 | 8 | 6 | 2 | 4 | 5 | 10 | 5 | 8 | 4 | 4 | 4 | 4 | 5 | 5 | 5 | 5 | 5 | 6 | 5 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $60.68M | - | - | $53.99M | $59.05M | $58.24M | $54.23M | $59.29M | $56.49M | $52.71M | $50.61M | $55.77M | $53.22M |
| Avg Forecast | $89.41M | $89.94M | $82.47M | $81.58M | $84.50M | $85.34M | $78.80M | $77.02M | $79.09M | $80.20M | $74.15M | $72.70M | $78.24M | $70.78M | $46.98M | $64.83M | $67.11M | $67.36M | $42.71M | $43.86M | $56.89M | $64.15M | $38.83M | $58.07M | $55.71M | $53.28M | $48.13M | $45.74M | $44.81M | $45.39M |
| High Forecast | $90.30M | $90.84M | $83.29M | $82.39M | $85.34M | $86.19M | $79.59M | $77.79M | $79.88M | $81.00M | $74.51M | $73.66M | $78.34M | $70.78M | $56.38M | $65.94M | $68.27M | $68.03M | $51.25M | $52.63M | $56.89M | $64.15M | $46.59M | $58.07M | $55.71M | $53.28M | $57.75M | $45.74M | $44.81M | $45.39M |
| Low Forecast | $88.20M | $88.72M | $81.35M | $80.47M | $83.35M | $84.18M | $77.73M | $75.98M | $78.02M | $79.11M | $73.47M | $71.53M | $78.15M | $70.78M | $37.59M | $63.92M | $66.20M | $66.45M | $34.17M | $35.09M | $56.89M | $64.15M | $31.06M | $58.07M | $55.71M | $53.28M | $38.50M | $45.74M | $44.81M | $45.39M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.90% | - | - | 0.95% | 0.92% | 1.50% | 0.93% | 1.06% | 1.06% | 1.10% | 1.11% | 1.24% | 1.17% |
Simply Good Foods Company's average Quarter SG&A projection for Aug 23 is $67.11M, based on 10 Wall Street analysts, with a range of $66.20M to $68.27M. The forecast indicates a 10.60% rise compared to SMPL last annual SG&A of $60.68M (May 23).
Simply Good Foods Company EPS Forecast
| Aug 27 | May 27 | Mar 27 | Dec 26 | Aug 26 | May 26 | Mar 26 | Dec 25 | Aug 25 | May 25 | Mar 25 | Dec 24 | Aug 24 | May 24 | Mar 24 | Dec 23 | Aug 23 | May 23 | Mar 23 | Dec 22 | Aug 22 | May 22 | Feb 22 | Nov 21 | Aug 21 | May 21 | Feb 21 | Nov 20 | Aug 20 | May 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 6 | 3 | 6 | 3 | 3 | 3 | 3 | 3 | 4 | 5 | 7 | 8 | 6 | 2 | 4 | 5 | 10 | 5 | 8 | 4 | 4 | 4 | 4 | 5 | 5 | 5 | 5 | 5 | 6 | 5 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $0.36 | - | - | $0.30 | $0.39 | $0.19 | $0.22 | $0.19 | $0.06 | $-0.27 | $0.45 | $0.13 | $0.50 |
| Avg Forecast | $0.57 | $0.62 | $0.50 | $0.54 | $0.57 | $0.59 | $0.47 | $0.50 | $0.50 | $0.53 | $0.42 | $0.47 | $0.50 | $0.48 | $0.38 | $0.40 | $0.44 | $0.40 | $0.29 | $0.41 | $0.29 | $0.35 | $0.28 | $0.34 | $0.25 | $0.28 | $0.23 | $0.21 | $0.16 | $0.16 |
| High Forecast | $0.58 | $0.63 | $0.51 | $0.55 | $0.57 | $0.60 | $0.47 | $0.51 | $0.51 | $0.54 | $0.43 | $0.50 | $0.50 | $0.48 | $0.38 | $0.41 | $0.46 | $0.41 | $0.30 | $0.41 | $0.29 | $0.35 | $0.28 | $0.34 | $0.25 | $0.28 | $0.23 | $0.21 | $0.16 | $0.16 |
| Low Forecast | $0.56 | $0.61 | $0.49 | $0.53 | $0.56 | $0.58 | $0.46 | $0.49 | $0.49 | $0.52 | $0.40 | $0.43 | $0.49 | $0.48 | $0.38 | $0.39 | $0.42 | $0.39 | $0.29 | $0.40 | $0.29 | $0.35 | $0.28 | $0.34 | $0.25 | $0.28 | $0.23 | $0.21 | $0.16 | $0.16 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.90% | - | - | 1.05% | 1.12% | 0.69% | 0.64% | 0.75% | 0.21% | -1.20% | 2.19% | 0.81% | 3.21% |
According to 10 Wall Street analysts, Simply Good Foods Company's projected average Quarter EPS for Aug 23 is $0.44, with a low estimate of $0.42 and a high estimate of $0.46. This represents a 22.21% increase compared to SMPL previous annual EPS of $0.36 (May 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 | $7.36 | $12.48 | 69.57% | Hold |
| THS | TreeHouse Foods | $33.55 | $40.60 | 21.01% | Hold |
| LANC | Lancaster Colony | $179.62 | $216.00 | 20.25% | Buy |
| POST | Post | $110.31 | $132.00 | 19.66% | Buy |
| NATR | Nature's Sunshine Products | $15.97 | $18.00 | 12.71% | - |
| SMPL | Simply Good Foods Company | $38.00 | $40.50 | 6.58% | Buy |
| BRBR | BellRing Brands | $73.26 | $47.25 | -35.50% | Buy |