The Simply Good Foods Company (NASDAQ:SMPL) Receives Average Rating of “Hold” from Brokerages

The Simply Good Foods Company (NASDAQ:SMPL) has been assigned a consensus recommendation of “Hold” from the thirteen brokerages that are presently covering the firm, Marketbeat reports. One equities research analyst has rated the stock with a sell rating, nine have assigned a hold rating and three have assigned a buy rating to the company. The average 12 month target price among brokerages that have updated their coverage on the stock in the last year is $14.4545.

SMPL has been the subject of several recent research reports. TD Cowen lowered their price target on shares of Simply Good Foods from $13.00 to $11.00 and set a “hold” rating for the company in a research report on Wednesday, August 26th. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and set a $14.00 target price on shares of Simply Good Foods in a research note on Friday, July 10th. Sanford C. Bernstein lowered shares of Simply Good Foods from an “outperform” rating to a “market perform” rating and dropped their price target for the company from $17.00 to $12.00 in a research note on Wednesday, June 3rd. Zacks Research raised Simply Good Foods from a “strong sell” rating to a “hold” rating in a report on Monday, June 8th. Finally, DA Davidson reduced their price objective on Simply Good Foods from $39.00 to $14.00 and set a “neutral” rating for the company in a research report on Friday, July 10th.

Simply Good Foods Price Performance

Shares of SMPL opened at $11.45 on Friday. The company has a current ratio of 4.80, a quick ratio of 3.10 and a debt-to-equity ratio of 0.28. Simply Good Foods has a 52 week low of $9.88 and a 52 week high of $28.95. The stock has a 50 day moving average of $11.50 and a 200-day moving average of $12.74. The firm has a market cap of $1.01 billion, a price-to-earnings ratio of -5.28 and a beta of 0.17.

Simply Good Foods (NASDAQ:SMPL) last released its quarterly earnings data on Thursday, July 9th. The financial services provider reported $0.42 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.35 by $0.07. The business had revenue of $356.98 million during the quarter, compared to analyst estimates of $332.99 million. Simply Good Foods had a positive return on equity of 9.34% and a negative net margin of 14.28%.The business’s revenue for the quarter was down 6.3% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.51 EPS. As a group, analysts forecast that Simply Good Foods will post 1.54 EPS for the current year.

More Simply Good Foods News

Here are the key news stories impacting Simply Good Foods this week:

• Negative Sentiment: Several law firms, including Robbins Geller, Kaplan Fox, Rosen, and others, say a class action has been filed on behalf of investors who purchased SMPL shares between October 24, 2024, and April 8, 2026. The firms allege that Simply Good Foods and certain executives violated securities laws by failing to disclose material problems affecting its OWYN brand. Robbins Geller SMPL class action announcement
• Negative Sentiment: The central allegations concern a switch to an inferior pea-protein supplier for OWYN products, which allegedly caused taste, texture, and shelf-life problems. The shareholder notices claim OWYN sales subsequently contracted by nearly 17% and the brand was hit with a $187 million write-down, potentially exposing the company to damages and further scrutiny. These are allegations, and the company’s liability has not been established. SMPL shareholder alert and OWYN allegations
• Neutral Sentiment: Investors who acquired shares during the stated class period have until October 13, 2026, to seek appointment as lead plaintiff. The deadline is a procedural step and does not determine the merits of the case, but continued law-firm announcements keep the dispute in focus for the market. Rosen SMPL class action deadline notice

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the business. Corient Private Wealth LP bought a new position in shares of Simply Good Foods in the second quarter worth $277,000. California State Teachers Retirement System increased its holdings in shares of Simply Good Foods by 934.8% during the second quarter. California State Teachers Retirement System now owns 1,209,503 shares of the financial services provider’s stock valued at $16,062,000 after purchasing an additional 1,092,623 shares during the period. Thrive Wealth Management LLC bought a new stake in shares of Simply Good Foods during the second quarter valued at about $234,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its stake in shares of Simply Good Foods by 9.8% during the second quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 235,066 shares of the financial services provider’s stock valued at $3,122,000 after purchasing an additional 20,963 shares in the last quarter. Finally, Hsbc Holdings PLC raised its stake in shares of Simply Good Foods by 42.4% during the second quarter. Hsbc Holdings PLC now owns 43,838 shares of the financial services provider’s stock valued at $584,000 after purchasing an additional 13,050 shares in the last quarter. Institutional investors and hedge funds own 88.45% of the company’s stock.

About Simply Good Foods

Simply Good Foods Co (NASDAQ: SMPL) is a North American consumer packaged foods company specializing in better-for-you nutrition products. The company’s portfolio centers on two well-established brands, Atkins and Quest, which offer a range of low-carbohydrate, high-protein bars, powders, shakes, and snacks. Simply Good Foods aims to support consumers’ health and wellness goals by delivering convenient, nutrient-dense options without added sugars or artificial sweeteners.

Under the Atkins brand, the company produces meal replacements, snack bars, and ready-to-drink shakes designed for low-carb dieters.