Simply Good Foods Stock Today
| SMPL Stock | USD 34.34 0.53 1.57% |
Performance0 of 100
| Odds Of DistressLess than 8
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Simply Good is selling for 34.34 as of the 25th of April 2024. This is a 1.57 percent up since the beginning of the trading day. The stock's lowest day price was 32.4. Simply Good has only a 8 % chance of going through financial distress over the next few years, but has generated negative returns over the last 90 days. Equity ratings for Simply Good Foods are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 26th of March 2024 and ending today, the 25th of April 2024. Click here to learn more.
Business Domain Food, Beverage & Tobacco | IPO Date 15th of July 2016 | Category Consumer Defensive | Classification Consumer Staples |
The Simply Good Foods Company operates as a consumer-packaged food and beverage company in North America and internationally. The Simply Good Foods Company was incorporated in 2017 and is headquartered in Denver, Colorado. Simply Good operates under Packaged Foods classification in the United States and is traded on NASDAQ Exchange. The company has 99.99 M outstanding shares of which 2.97 M shares are at this time shorted by private and institutional investors with about 3.16 trading days to cover. More on Simply Good Foods
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Follow Valuation Options Odds of Bankruptcy
Financial Report 4th of July 2024
Simply Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Simply Good's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Simply Good or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| President CEO, Director | Joseph Scalzo | |||||||||||||||||||||||||||||||||||||||||||||
| Thematic Idea | Israel Wall Street (View all Themes) | |||||||||||||||||||||||||||||||||||||||||||||
| Old Name | Splendid Metal Products Limited | |||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Packaged Foods & Meats, Food, Beverage & Tobacco, Consumer Defensive, NASDAQ Composite, SP Small-Cap 600, Israel Wall Street, Consumer Staples, Food Products, Packaged Foods, Consumer Defensive (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation Analysts covering Simply Good report their recommendations after researching Simply Good's financial statements, talking to executives and customers, or listening in on Simply Good's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Simply Good Foods. The Simply consensus assessment is calculated by taking the average forecast from all of the analysts covering Simply Good. | ||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the measurements of operating efficiency obtained from Simply Good's historical financial statements, Simply Good Foods is not in a good financial situation at this time. It has a very high probability of going through financial hardship in May. Financial strength of Simply Good Foods is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
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Simply Good's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Simply Good's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | ||||||||||||||||||||||||||||||||||||||||||||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Simply Good's financial leverage. It provides some insight into what part of Simply Good's total assets is financed by creditors.
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Simply Good Foods (SMPL) is traded on NASDAQ Exchange in USA. It is located in 1225 17th Street, Denver, CO, United States, 80202 and employs 271 people. Simply Good is listed under Packaged Foods & Meats category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 3.38 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Simply Good's market, we take the total number of its shares issued and multiply it by Simply Good's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Simply Good Foods conducts business under Food Products sector and is part of Consumer Staples industry. The entity has 99.99 M outstanding shares of which 2.97 M shares are at this time shorted by private and institutional investors with about 3.16 trading days to cover.
Simply Good Foods currently holds about 67.49 M in cash with 171.12 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.68.
Check Simply Good Probability Of Bankruptcy
Ownership AllocationSimply Good maintains a total of 99.99 Million outstanding shares. The majority of Simply Good Foods outstanding shares are owned by institutional holders. These institutional investors are usually referred to as non-private investors looking to take positions in Simply Good to benefit from reduced commissions. Consequently, institutions are subject to a different set of regulations than regular investors in Simply Good Foods. Please pay attention to any change in the institutional holdings of Simply Good Foods as this could imply that something significant has changed or is about to change at the company. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check Simply Ownership Details
Simply Stock Price Odds Analysis
Proceeding from a normal probability distribution, the odds of Simply Good jumping above the current price in 90 days from now is about 60.64%. The Simply Good Foods probability density function shows the probability of Simply Good stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days Simply Good has a beta of 0.5658. This usually implies as returns on the market go up, Simply Good average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Simply Good Foods will be expected to be much smaller as well. Additionally, simply Good Foods has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Simply Good to move above the current price in 90 days from now is about 60.64 (This Simply Good Foods probability density function shows the probability of Simply Stock to fall within a particular range of prices over 90 days) .
Simply Stock Institutional Holders
Institutional Holdings refers to the ownership stake in Simply Good that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Simply Good's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Simply Good's value.| Instituion | Recorded On | Shares | |
| Geode Capital Management, Llc | 2023-12-31 | 2 M | |
| Principal Financial Group Inc | 2023-12-31 | 1.9 M | |
| Loomis, Sayles & Company Lp | 2023-12-31 | 1.9 M | |
| Brown Advisory Holdings Inc | 2023-12-31 | 1.9 M | |
| Amvescap Plc. | 2023-12-31 | 1.8 M | |
| Morgan Stanley - Brokerage Accounts | 2023-12-31 | 1.4 M | |
| Congress Asset Management Company, Llp | 2024-03-31 | 1.3 M | |
| Goldman Sachs Group Inc | 2023-12-31 | 1.3 M | |
| Franklin Resources Inc | 2023-12-31 | 1.2 M | |
| Blackrock Inc | 2023-12-31 | 13.9 M | |
| Vanguard Group Inc | 2023-12-31 | 10.9 M |
Simply Good Historical Income Statement
Simply Good Foods Income Statement is one of the three primary financial statements used for reporting Simply's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Simply Good Foods revenue and expense. Simply Good Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Simply Good's Total Other Income Expense Net is quite stable compared to the past year. Tax Provision is expected to rise to about 50.9 M this year, although the value of Interest Expense will most likely fall to 0.00. View More FundamentalsSimply Stock Against Markets
Picking the right benchmark for Simply Good stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Simply Good stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Simply Good is critical whether you are bullish or bearish towards Simply Good Foods at a given time. Please also check how Simply Good's historical prices are related to one of the top price index indicators.
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Simply Good Corporate Directors
Simply Good corporate directors refer to members of a Simply Good board of directors. The board of directors generally takes responsibility for the Simply Good's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Simply Good's board members must vote for the resolution. The Simply Good board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Michelle Goolsby | Director | Profile | |
| Ram Kumar | Director - Nominee of Punjab National Bank | Profile | |
| Clayton Daley | Independent Director | Profile | |
| Srinivasa Raju | Non-Executive Director | Profile |
How to buy Simply Stock?
Before investing in Simply Good, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Simply Good. To buy Simply Good stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Simply Good. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Simply Good stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Simply Good Foods stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Simply Good Foods stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Simply Good Foods, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Simply Stock please use our How to Invest in Simply Good guide.
Already Invested in Simply Good Foods?
The danger of trading Simply Good Foods is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Simply Good is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Simply Good. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Simply Good Foods is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Simply Good Foods is a strong investment it is important to analyze Simply Good's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Simply Good's future performance. For an informed investment choice regarding Simply Stock, refer to the following important reports: Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Simply Good Foods. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey. You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
Complementary Tools for Simply Stock analysis
When running Simply Good's price analysis, check to measure Simply Good's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Simply Good is operating at the current time. Most of Simply Good's value examination focuses on studying past and present price action to predict the probability of Simply Good's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Simply Good's price. Additionally, you may evaluate how the addition of Simply Good to your portfolios can decrease your overall portfolio volatility.
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Is Simply Good's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Simply Good. If investors know Simply will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Simply Good listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.32 | Earnings Share 1.39 | Revenue Per Share 12.705 | Quarterly Revenue Growth 0.053 | Return On Assets 0.0629 |
The market value of Simply Good Foods is measured differently than its book value, which is the value of Simply that is recorded on the company's balance sheet. Investors also form their own opinion of Simply Good's value that differs from its market value or its book value, called intrinsic value, which is Simply Good's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Simply Good's market value can be influenced by many factors that don't directly affect Simply Good's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Simply Good's value and its price as these two are different measures arrived at by different means. Investors typically determine if Simply Good is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Simply Good's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.