Shares of The Simply Good Foods Company (NASDAQ:SMPL – Get Free Report) have received an average rating of “Hold” from the thirteen research firms that are presently covering the company, MarketBeat Ratings 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 12-month price target among analysts that have issued ratings on the stock in the last year is $14.45.
SMPL has been the topic of a number of analyst reports. TD Cowen lowered their price objective on shares of Simply Good Foods from $13.00 to $11.00 and set a “hold” rating on the stock in a research report on Wednesday, August 26th. Truist Financial set a $11.00 price objective on shares of Simply Good Foods in a research report on Wednesday, August 26th. Weiss Ratings restated a “sell (d)” rating on shares of Simply Good Foods in a research note on Monday, September 14th. UBS Group set a $15.00 target price on shares of Simply Good Foods in a report on Friday, July 10th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and issued a $14.00 target price on shares of Simply Good Foods in a report on Friday, July 10th.
Get Our Latest Analysis on Simply Good Foods
Simply Good Foods Stock Up 0.1%
Simply Good Foods (NASDAQ:SMPL – Get Free Report) last announced its earnings results on Thursday, July 9th. The financial services provider reported $0.42 earnings per share for the quarter, beating 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 the consensus estimate of $332.99 million. During the same period last year, the business posted $0.51 EPS. The company’s revenue was down 6.3% on a year-over-year basis. As a group, research analysts expect that Simply Good Foods will post 1.54 earnings per share for the current year.
Institutional Investors Weigh In On Simply Good Foods
A number of institutional investors have recently added to or reduced their stakes in SMPL. Legal & General Group Plc purchased a new stake in shares of Simply Good Foods in the second quarter valued at approximately $2,566,000. Oaktree Capital Management LP acquired a new position in Simply Good Foods during the first quarter worth $16,200,000. Pacer Advisors Inc. purchased a new position in Simply Good Foods in the fourth quarter worth $6,499,000. New Age Alpha Advisors LLC raised its position in Simply Good Foods by 2,413.6% in the fourth quarter. New Age Alpha Advisors LLC now owns 173,414 shares of the financial services provider’s stock worth $3,482,000 after acquiring an additional 166,515 shares in the last quarter. Finally, WINTON GROUP Ltd acquired a new stake in Simply Good Foods in the fourth quarter valued at $5,235,000. Hedge funds and other institutional investors own 88.45% of the company’s stock.
More Simply Good Foods News
Here are the key news stories impacting Simply Good Foods this week:
- Negative Sentiment: The lawsuit alleges that Simply Good Foods misrepresented the progress and success of integrating OWYN, a $280 million acquisition. According to the allegations, integration problems were not adequately disclosed before the company recorded approximately $200 million in cumulative impairment charges, or more than 70% of the acquisition price. These claims have not been proven in court. SueWallSt SMPL shareholder alert
- Negative Sentiment: Several firms—including Kaplan Fox, Pomerantz, Robbins Geller, Portnoy, Rosen and others—are soliciting investors who purchased SMPL shares between October 24, 2024, and April 8, 2026. Although the announcements are largely duplicative rather than evidence of separate new lawsuits, they increase visibility around potential litigation costs, management credibility concerns and possible shareholder damages. Kaplan Fox class action alert
- Negative Sentiment: Investors have until October 13, 2026, to seek appointment as lead plaintiff. The deadline itself does not establish liability, but the ongoing litigation creates uncertainty over potential financial exposure and could keep pressure on the stock until additional information about the claims and OWYN integration is provided. Robbins Geller investor deadline
Simply Good Foods Company Profile
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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