Simply Good Foods Stock Analysis

Simply Stock Analysis Notes

About 91.0% of the company shares are owned by institutional investors. The company has price-to-book ratio of 1.94. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Simply Good Foods has Price/Earnings To Growth (PEG) ratio of 1.76. The entity last dividend was issued on the 20th of February 2015. The firm had 26:16 split on the November 19, 2010. 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. It employs 260 people. To find out more about Simply Good Foods contact Joseph Scalzo at 303 633 2840 or learn more at https://www.thesimplygoodfoodscompany.com.

Simply Good Foods Investment Alerts

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Simply Largest EPS Surprises

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Simply Good Thematic Classifications

Simply Stock Institutional Investors

Note, although Simply Good's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Simply Market Capitalization

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 Profitablity

The company has Profit Margin (PM) of 0.11 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.15 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.15.

Management Efficiency

Simply Good Foods has return on total asset (ROA) of 0.0629 % which means that it generated a profit of $0.0629 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.0897 %, meaning that it created $0.0897 on every $100 dollars invested by stockholders. Simply Good's management efficiency ratios could be used to measure how well Simply Good manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is expected to rise to -0.07 this year. The value of Return On Capital Employed is expected to slide to 0.06. At this time, Simply Good's Total Current Assets are quite stable compared to the past year. Intangible Assets is expected to rise to about 1.3 B this year, although the value of Other Assets will most likely fall to about 42.7 M.

Technical Drivers

As of the 25th of April, Simply Good has the Coefficient Of Variation of (597.47), variance of 3.02, and Risk Adjusted Performance of (0.1). In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Simply Good Foods, as well as the relationship between them. In other words, you can use this information to find out if the company will indeed mirror its model of past prices and volume data, or the prices will eventually revert. We were able to interpolate data for thirteen technical drivers for Simply Good Foods, which can be compared to its competition. Please validate Simply Good Foods information ratio and skewness to decide if Simply Good is priced more or less accurately, providing market reflects its prevalent price of 34.34 per share. Given that Simply Good Foods has information ratio of (0.22), we advise you to double-check Simply Good Foods's current market performance to make sure the company can sustain itself at a future point.

Simply Good Foods Price Movement Analysis

Simply Good Foods Insider Trading Activities

Simply Good Predictive Daily Indicators

Simply Good Corporate Filings

Simply Good Forecast Models

Simply Good's time-series forecasting models are one of many Simply Good's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Simply Good's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Stock analysis is the technique used by a trader or investor to examine and evaluate how Simply Good prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Simply shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Simply Good. By using and applying Simply Stock analysis, traders can create a robust methodology for identifying Simply entry and exit points for their positions.

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Simply analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Simply analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.

Simply Good Foods stock analysis indicators help investors evaluate how Simply Good stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Simply Good shares will generate the highest return on investment. By understating and applying Simply Good stock analysis, traders can identify Simply Good position entry and exit signals to maximize returns.

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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.

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.

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.