Simply Good Foods Co (SMPL) with a beta value of 0.68 appears to be a promising investment opportunity.

On Tuesday, Simply Good Foods Co (NASDAQ: SMPL) opened lower -2.75% from the last session, before settling in for the closing price of $34.15. Price fluctuations for SMPL have ranged from $31.06 to $43.00 over the past 52 weeks.

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Consumer Defensive Sector giant saw their annual sales surged by 24.60% over the last five years. Company’s average yearly earnings per share was noted 10.83% at the time writing. With a float of $90.47 million, this company’s outstanding shares have now reached $99.56 million.

The firm has a total of 271 workers. Let’s measure their productivity.

Simply Good Foods Co (SMPL) Breakdown of a Key Holders of the stock

A key investor’s attitude towards the stock of the Packaged Foods industry is another important factor to consider. The insider ownership of Simply Good Foods Co is 9.36%, while institutional ownership is 88.93%. The most recent insider transaction that took place on Jan 25 ’24, was worth 98,400. In this transaction Director of this company sold 2,500 shares at a rate of $39.36, taking the stock ownership to the 52,738 shares. Before that another transaction happened on Jan 11 ’24, when Company’s SVP and Chief HR Officer sold 35,010 for $40.63, making the entire transaction worth $1,422,369. This insider now owns 30,768 shares in total.

Simply Good Foods Co (SMPL) Recent Fiscal highlights

According to the Wall Street analysts, stocks earnings will be around 10.83% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 8.08% during the next five years compared to 6.73% growth over the previous five years of trading.

Simply Good Foods Co (NASDAQ: SMPL) Trading Performance Indicators

Check out the current performance indicators for Simply Good Foods Co (SMPL). In the past quarter, the stock posted a quick ratio of 3.46. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.65. Likewise, its price to free cash flow for the trailing twelve months is 16.96.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.32, a number that is poised to hit 0.38 in the next quarter and is forecasted to reach 1.99 in one year’s time.

Technical Analysis of Simply Good Foods Co (SMPL)

Analysing the last 5-days average volume posted by the [Simply Good Foods Co, SMPL], we can find that recorded value of 0.8 million was lower than the volume posted last year of 0.86 million. As of the previous 9 days, the stock’s Stochastic %D was 32.80%. Additionally, its Average True Range was 0.88.

During the past 100 days, Simply Good Foods Co’s (SMPL) raw stochastic average was set at 3.74%, which indicates a significant decrease from 12.75% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 37.94% in the past 14 days, which was higher than the 27.85% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $35.57, while its 200-day Moving Average is $36.65. Now, the first resistance to watch is $33.94. This is followed by the second major resistance level at $34.67. The third major resistance level sits at $35.08. If the price goes on to break the first support level at $32.79, it is likely to go to the next support level at $32.38. Now, if the price goes above the second support level, the third support stands at $31.65.

Simply Good Foods Co (NASDAQ: SMPL) Key Stats

There are currently 99,813K shares outstanding in the company with a market cap of 3.31 billion. Presently, the company’s annual sales total 1,243 M according to its annual income of 133,580 K. Last quarter, the company’s sales amounted to 308,680 K and its income totaled 35,560 K.