Simply Good Foods Company (SMPL) Stock Forecast, Price Target & Predictions


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SMPL Stock Forecast


Simply Good Foods Company stock forecast is as follows: an average price target of $38.67 (represents a 0.83% upside from SMPL’s last price of $38.35) 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 $38.67 based on 1-year price targets from 10 Wall Street analysts in the past 3 months, with a price target range of $42.00 to $36.00. This represents a potential 0.83% upside from SMPL's last price of $38.35.

SMPL Analyst Ratings


Buy

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


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Nov 04, 2024Kaumil GajrawalaJefferies$36.00$34.314.93%-6.13%
Oct 23, 2024Ben BienvenuStephens$42.00$32.5129.19%9.52%
Jun 28, 2024Brian HollanD.A. Davidson$38.00$36.135.18%-0.91%
Jun 14, 2024Matthew SmithStifel Nicolaus$40.00$36.609.29%4.30%
Jun 14, 2024Steve PowersDeutsche Bank$37.00$36.601.09%-3.52%
Apr 30, 2024Brian HollanD.A. Davidson$35.00$36.45-3.98%-8.74%
Apr 08, 2024John BaumgartnerMizuho Securities$40.00$32.2024.22%4.30%
Apr 05, 2024Brian HollanD.A. Davidson$34.00$32.404.95%-11.34%
Apr 05, 2024Kaumil GajrawalaJefferies$35.00$32.736.94%-8.74%
Apr 05, 2024Steve PowersDeutsche Bank$36.00$32.739.99%-6.13%
Mar 28, 2024Matthew SmithStifel Nicolaus$38.00$33.8912.13%-0.91%
Mar 20, 2024Brian HollanD.A. Davidson$39.00$33.4916.45%1.69%
Sep 19, 2023Pamela KaufmanMorgan Stanley$40.00$35.1513.80%4.30%
Apr 05, 2023Steve PowersDeutsche Bank$47.00$38.6921.48%22.56%
Apr 05, 2023Matt McGinleyNeedham$42.00$38.698.56%9.52%
Jan 05, 2023Jason EnglishGoldman Sachs$45.00$34.8629.09%17.34%
Dec 28, 2022Cody RossUBS$45.00$37.7719.13%17.34%
Oct 14, 2022Pamela KaufmanMorgan Stanley$34.00$34.28-0.82%-11.34%

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 -6.13% decrease from SMPL last price ($38.35).

Simply Good Foods Company Price Target by Period


1M3M12M
# Anlaysts-212
Avg Price Target-$39.00$37.50
Last Closing Price$38.35$38.35$38.35
Upside/Downside-100.00%1.69%-2.22%

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 $38.35. 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


DateCompanyPrevious RatingNew RatingRating Change
Oct 23, 2024StephensOverweightOverweightHold
Jun 14, 2024Deutsche BankHoldHoldHold
Apr 16, 2024BernsteinOutperformOutperformHold
Apr 08, 2024Piper SandlerBuyBuyHold
Apr 05, 2024JefferiesHoldHoldHold
Apr 05, 2024Deutsche BankHoldHoldHold
Jan 05, 2024NeedhamBuyBuyHold
Oct 10, 2023NeedhamBuyBuyHold
Sep 18, 2023Morgan StanleyOverweightUpgrade
Jun 13, 2023NeedhamBuyBuyHold
Apr 05, 2023Deutsche BankBuyBuyHold
Apr 05, 2023NeedhamBuyBuyHold
Jan 08, 2023CitigroupBuyBuyHold
Jan 05, 2023Goldman SachsBuyBuyHold
Dec 28, 2022UBSBuyBuyHold
Oct 10, 2022Deutsche BankBuyBuyHold
Jun 27, 2022StephensOverweightUpgrade

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 27May 27Mar 27Dec 26Aug 26May 26Mar 26Dec 25Aug 25May 25Mar 25Dec 24Aug 24May 24Mar 24Dec 23Aug 23May 23Mar 23Dec 22Aug 22May 22Feb 22Nov 21Aug 21May 21Feb 21Nov 20Aug 20May 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$425.37M$429.05M$395.82M$391.88M$402.84M$407.13M$376.40M$368.12M$377.16M$382.72M$354.16M$347.32M$373.26M$337.66M$316.86M$309.26M$320.16M$321.35M$293.86M$301.25M$260.81M$294.11M$274.80M$266.25M$255.43M$244.27M$229.18M$209.72M$205.44M$208.10M
High Forecast$427.94M$431.65M$398.21M$394.25M$405.27M$409.59M$378.67M$370.35M$379.44M$385.03M$355.09M$351.14M$373.71M$337.66M$318.26M$314.56M$325.68M$323.29M$295.64M$361.50M$260.81M$294.11M$274.80M$266.25M$255.43M$244.27M$229.18M$209.72M$205.44M$208.10M
Low Forecast$423.23M$426.90M$393.83M$389.91M$400.81M$405.09M$374.51M$366.27M$375.26M$380.79M$353.15M$341.00M$372.81M$337.66M$315.46M$304.93M$315.83M$319.73M$292.39M$241.00M$260.81M$294.11M$274.80M$266.25M$255.43M$244.27M$229.18M$209.72M$205.44M$208.10M
# Analysts636333334578624510510204445555565
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 27May 27Mar 27Dec 26Aug 26May 26Mar 26Dec 25Aug 25May 25Mar 25Dec 24Aug 24May 24Mar 24Dec 23Aug 23May 23Mar 23Dec 22Aug 22May 22Feb 22Nov 21Aug 21May 21Feb 21Nov 20Aug 20May 20
# Analysts636333334578624510510204445555565
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$70.90M$71.52M$65.98M$65.32M$67.15M$67.86M$62.74M$61.36M$62.87M$63.79M$59.03M$57.89M$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$71.33M$71.95M$66.38M$65.72M$67.55M$68.27M$63.12M$61.73M$63.25M$64.18M$59.19M$58.53M$62.29M$56.28M$39.17M$52.43M$54.29M$53.89M$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$70.55M$71.16M$65.65M$64.99M$66.81M$67.52M$62.42M$61.05M$62.55M$63.47M$58.86M$56.84M$62.14M$56.28M$26.11M$50.83M$52.64M$53.29M$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 27May 27Mar 27Dec 26Aug 26May 26Mar 26Dec 25Aug 25May 25Mar 25Dec 24Aug 24May 24Mar 24Dec 23Aug 23May 23Mar 23Dec 22Aug 22May 22Feb 22Nov 21Aug 21May 21Feb 21Nov 20Aug 20May 20
# Analysts636333334578624510510204445555565
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$58.66M$62.91M$50.43M$54.51M$57.77M$59.80M$47.30M$50.91M$50.62M$54.01M$42.23M$47.20M$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$59.12M$63.40M$50.83M$54.94M$58.23M$60.27M$47.67M$51.31M$51.02M$54.43M$43.26M$49.25M$50.31M$48.89M$17.87M$41.90M$46.57M$41.06M$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$58.28M$62.50M$50.10M$54.16M$57.40M$59.41M$46.99M$50.58M$50.29M$53.65M$40.17M$43.10M$50.17M$48.73M$11.91M$39.86M$42.61M$40.47M$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 27May 27Mar 27Dec 26Aug 26May 26Mar 26Dec 25Aug 25May 25Mar 25Dec 24Aug 24May 24Mar 24Dec 23Aug 23May 23Mar 23Dec 22Aug 22May 22Feb 22Nov 21Aug 21May 21Feb 21Nov 20Aug 20May 20
# Analysts636333334578624510510204445555565
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$89.17M$89.94M$82.97M$82.15M$84.44M$85.34M$78.90M$77.17M$79.06M$80.23M$74.24M$72.80M$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$89.71M$90.48M$83.47M$82.64M$84.95M$85.86M$79.38M$77.63M$79.54M$80.71M$74.43M$73.61M$78.34M$70.78M$56.38M$65.94M$68.27M$67.77M$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$88.72M$89.49M$82.56M$81.73M$84.02M$84.91M$78.50M$76.78M$78.66M$79.82M$74.03M$71.48M$78.15M$70.78M$37.59M$63.92M$66.20M$67.02M$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 27May 27Mar 27Dec 26Aug 26May 26Mar 26Dec 25Aug 25May 25Mar 25Dec 24Aug 24May 24Mar 24Dec 23Aug 23May 23Mar 23Dec 22Aug 22May 22Feb 22Nov 21Aug 21May 21Feb 21Nov 20Aug 20May 20
# Analysts636333334578624510510204445555565
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$0.58$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$1.95$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$0.50$0.54$0.57$0.59$0.47$0.51$0.50$0.54$0.43$0.49$0.50$0.48$0.38$0.41$0.46$0.41$0.30$1.97$0.29$0.35$0.28$0.34$0.25$0.28$0.23$0.21$0.16$0.16
Low Forecast$0.57$0.62$0.49$0.53$0.57$0.59$0.46$0.50$0.50$0.53$0.40$0.43$0.49$0.48$0.38$0.39$0.42$0.40$0.29$1.94$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


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
HAINHain Celestial Group$7.41$9.2725.10%Hold
NATRNature's Sunshine Products$15.65$18.0015.02%
POSTPost$115.63$132.0014.16%Buy
LANCLancaster Colony$189.22$216.0014.15%Buy
THSTreeHouse Foods$34.00$37.6710.79%Hold
SMPLSimply Good Foods Company$39.74$38.67-2.69%Buy
BRBRBellRing Brands$77.24$68.25-11.64%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 $38.67 with a range of $36 to $42, implying a 0.83% from its last price of $38.35. 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 0.83% (from the last price of $38.35 to the average price target of $38.67), up by 9.52% based on the highest stock price target, and down by -6.13% based on the lowest stock price target.

Can Simply Good Foods Company stock reach $60?

SMPL's average twelve months analyst stock price target of $38.67 does not support the claim that Simply Good Foods Company can reach $60 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 2026) are as follows: average revenue is $1.55B (high $1.56B, low $1.55B), average EBITDA is $259.11M (high $260.67M, low $257.81M), average net income is $215.79M (high $217.48M, low $214.38M), average SG&A $325.85M (high $327.82M, low $324.22M), and average EPS is $2.13 (high $2.15, low $2.12). SMPL's analysts financial forecasts for the fiscal year (Aug 2027) are as follows: average revenue is $1.64B (high $1.65B, low $1.63B), average EBITDA is $273.72M (high $275.37M, low $272.34M), average net income is $226.52M (high $228.3M, low $225.04M), average SG&A $344.22M (high $346.3M, low $342.49M), and average EPS is $2.23 (high $2.25, low $2.22).

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 $1.1B by 6.63%. Apple's EBITDA was $228.24M, beating the average prediction of $177.51M by 28.58%. The company's net income was $108.57M, missing the average estimation of $111.17M by -2.34%. Apple's SG&A was $225.52M, beating the average forecast of $217.93M by 3.48%. Lastly, the company's EPS was $1.1, missing the average prediction of $1.25 by -12.13%. In terms of the last quarterly report (May 2023), Simply Good Foods Company's revenue was $324.79M, beating the average analysts' forecast of $321.35M by 1.07%. The company's EBITDA was $43.86M, missing the average prediction of $53.56M by -18.11%. Simply Good Foods Company's net income was $35.43M, missing the average estimation of $40.74M by -13.03%. The company's SG&A was $60.68M, missing the average forecast of $67.36M by -9.92%. Lastly, the company's EPS was $0.36, missing the average prediction of $0.402 by -10.44%