The Simply Good Foods Company (NASDAQ:SMPL) changes shares on Wednesday trading session, with a change of -0.53% or -$0.1 shares. The trading starts at $18.80 and closed at $18.86 throughout the day. The trading session low price was $18.575 and day high was $19.88 on Wednesday, June 24. After the session, the Consumer Defensive sector daily volume shifted to 2.09 million while its average volume is 1.33M. In other hand, the SMPL market cap reached to $1.76B. While, its current target price is $18.76 according to WSJ.
Checking out the performance report which defines the increase or decrease of prices for a specific period. For the last 5 trading sessions, its performance is up 6.53% and up 8.97% for month. Its quarterly performance was 21.42% above, while its half year performance is down -32.49%. SMPL yearly performance stood at negative -21.51% and fall -34.27% for year-to-date. Current recommendation for The Simply Good Foods Company is 1.60.
Earnings per share or EPS is an important financial measure, which defines the profitability of a company. SMPL EPS (TTM) for 12-month is 0.28. EPS for this year is 1.60%, while for the next year its value is 0.99. Sales growth for the current quarter is 2.00 while its EPS Q/Q reached -28.70%. It has an EPS of 23.00% up for past five years and for the next five years will be up 33.50%.
Let’s take a look on the analyst recommendations on SMPL for the current month and previous month. For the current month, 9 of 11 analysts recommend stock as Buy while 0 as Sell, 2 as overweight, 0 as underweight and 0 as Hold. As compared with the previous month ratings, 10 analysts participate in stock recommendation. Out of 10, 0 rated it sell, 9 rated it as Buy and 0 as Hold Ratings. On the other hand, target price ranges from $22.00-$35.00. Average target price for SMPL was reached at $25.33.
Vanguard Group, Inc. (The), Blackrock Inc. and Capital World Investors are the top three holders in The Simply Good Foods Company (SMPL) stock. On Mar 30, 2020, Vanguard Group, Inc. (The) has 8.07 million shares which valued 155.5 million. On Mar 30, 2020, Blackrock Inc. owned 7.16 million shares which valued at 137.96 million. On Mar 30, 2020, Capital World Investors has a total of 4.95 million shares which valued at 95.36 million. In the end, Capital World Investors have 5.19% shares outstanding of The Simply Good Foods Company (SMPL) on Mar 30, 2020. The insider ownership moved to 1.60% and institutional holding shifted to 93.60%.
The company posted an EPS (TTM) of 0.28. According to the most recent quarter report on (May 2020), 9 analysts estimated an average EPS of 0.19, while 0.16 EPS posted a year ago period. Analyst Estimated EPS for SMPL published in the report was 0.14-0.23 during the same period. Comparing with last year, the average estimated EPS was 0.16 which is lower than 0.23 which was posted for recent quarter EPS.
A brief look on simple moving average (SMA) that determines the market price can impact a market. The SMA for SMPL fall -17.29% for period of 200 days. SMA for 50 days was 5.87% which is showing green signal, while SMA-20 was 6.78%. The moving average value for The Simply Good Foods Company (SMPL) is 20.81 and 17.59 for 200 and 50 days respectively.
Let’s take a look on the insider transactions, in which multiple shareholders are showing interest in SMPL stock. On May 06, WHITE JAMES D, Director, bought 2,780 trading shares at the cost of $17.97, which valued at 49953.0. On Apr 28, KILTS JAMES M, Director, bought 87,862 shares at the cost of $16.88, with total shares of 961,268. On Apr 15, GOOLSBY MICHELLE P, Director, bought 5,000 shares at the cost of 16.59. After this transaction, GOOLSBY MICHELLE P total shares reached to 13,970 which valued at 82950.0.