Brokerages expect Simply Good Foods Co (NASDAQ:SMPL) to report earnings of $0.14 per share for the current fiscal quarter, according to Zacks. Three analysts have issued estimates for Simply Good Foods’ earnings, with the lowest EPS estimate coming in at $0.13 and the highest estimate coming in at $0.15. The company is scheduled to report its next earnings report on Monday, January 1st.
On average, analysts expect that Simply Good Foods will report full-year earnings of $0.54 per share for the current financial year, with EPS estimates ranging from $0.52 to $0.55. For the next fiscal year, analysts expect that the company will report earnings of $0.61 per share, with EPS estimates ranging from $0.57 to $0.65. Zacks Investment Research’s EPS averages are a mean average based on a survey of research analysts that follow Simply Good Foods.
Simply Good Foods (NASDAQ:SMPL) last issued its earnings results on Tuesday, January 9th. The financial services provider reported $0.14 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.16 by ($0.02). The business had revenue of $106.59 million during the quarter, compared to analyst estimates of $105.70 million.
Shares of Simply Good Foods (SMPL) traded down $0.07 during trading hours on Friday, hitting $13.42. The company had a trading volume of 84,153 shares, compared to its average volume of 355,550. The company has a debt-to-equity ratio of 0.31, a quick ratio of 3.31 and a current ratio of 4.20. Simply Good Foods has a one year low of $10.93 and a one year high of $16.01.
In related news, Director Robert G. Montgomery purchased 5,000 shares of the business’s stock in a transaction that occurred on Friday, February 9th. The shares were bought at an average price of $12.40 per share, for a total transaction of $62,000.00. The acquisition was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Corporate insiders own 1.23% of the company’s stock.
A number of institutional investors and hedge funds have recently modified their holdings of the business. Gilder Gagnon Howe & Co. LLC boosted its stake in shares of Simply Good Foods by 29.4% in the 4th quarter. Gilder Gagnon Howe & Co. LLC now owns 24,592 shares of the financial services provider’s stock worth $351,000 after buying an additional 5,582 shares during the last quarter. Bank of New York Mellon Corp raised its holdings in Simply Good Foods by 29.9% during the fourth quarter. Bank of New York Mellon Corp now owns 41,115 shares of the financial services provider’s stock valued at $586,000 after acquiring an additional 9,462 shares during the period. Monashee Investment Management LLC bought a new stake in shares of Simply Good Foods in the fourth quarter worth about $172,000. Cubist Systematic Strategies LLC bought a new stake in shares of Simply Good Foods in the third quarter worth about $142,000. Finally, Schwab Charles Investment Management Inc. bought a new stake in shares of Simply Good Foods in the fourth quarter worth about $186,000. Institutional investors and hedge funds own 74.16% of the company’s stock.
About Simply Good Foods
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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