Press coverage about Simply Good Foods (NASDAQ:SMPL) has trended positive on Monday, according to Accern Sentiment Analysis. The research firm scores the sentiment of news coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Simply Good Foods earned a media sentiment score of 0.47 on Accern’s scale. Accern also assigned media coverage about the financial services provider an impact score of 45.9102765583338 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
These are some of the headlines that may have impacted Accern Sentiment Analysis’s scoring:
- Analysts Expect Simply Good Foods Co (SMPL) to Post $0.14 Earnings Per Share (americanbankingnews.com)
- The outrageously simple joy of bread crumbs, plus a recipe for cauliflower steaks with (surprise!) garlicky bread crumbs (latimes.com)
- The Key To Weight Loss Is To Focus On The Quality, Not The Amount Of Calories In Your Food (indiatimes.com)
- My Top 10 Comfort Foods By Debbie Johnson (femalefirst.co.uk)
- Co-op to trial new ‘scan and go app’ that allows shoppers to pay for goods on their phones and simply walk out instead of waiting in queues for the till (dailymail.co.uk)
Several analysts have recently issued reports on SMPL shares. Berenberg Bank started coverage on shares of Simply Good Foods in a research note on Thursday, November 16th. They set a “buy” rating and a $15.00 price objective for the company. Zacks Investment Research raised shares of Simply Good Foods from a “hold” rating to a “buy” rating and set a $16.00 price objective for the company in a research note on Friday, January 19th. Stifel Nicolaus initiated coverage on shares of Simply Good Foods in a research note on Monday, January 22nd. They set a “buy” rating and a $16.00 price objective for the company. Finally, SunTrust Banks initiated coverage on shares of Simply Good Foods in a report on Thursday, February 1st. They set a “buy” rating and a $17.00 target price on the stock. One research analyst has rated the stock with a sell rating and four have issued a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and an average target price of $16.00.
Simply Good Foods (NASDAQ:SMPL) last posted its earnings results on Tuesday, January 9th. The financial services provider reported $0.14 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.16 by ($0.02). The company had revenue of $106.59 million for the quarter, compared to analyst estimates of $105.70 million. sell-side analysts forecast that Simply Good Foods will post 0.54 EPS for the current year.
In other Simply Good Foods news, Director Robert G. Montgomery bought 5,000 shares of Simply Good Foods stock in a transaction that occurred on Friday, February 9th. The shares were acquired at an average price of $12.40 per share, for a total transaction of $62,000.00. The acquisition was disclosed in a legal filing with the SEC, which is available at this link. Insiders own 1.23% of the company’s stock.
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Simply Good Foods Company Profile
The Simply Good Foods Company is a holding company. The Company through its subsidiaries, is engaged in developing, marketing and selling of branded nutritional foods and snacking products. The Company offers a range of products such as nutrition bars, ready to drink (RTD) shakes, snacks and confectionery products.
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