A new trading day began on Tuesday, with Simply Good Foods Co (NASDAQ: SMPL) stock price up 1.48% from the previous day of trading, before settling in for the closing price of $31.70. SMPL’s price has ranged from $30.00 to $43.00 over the past 52 weeks.
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Annual sales at Consumer Defensive sector company grew by 24.60% over the past five years. Meanwhile, its annual earnings per share averaged 11.87%. With a float of $90.60 million, this company’s outstanding shares have now reached $99.56 million.
Let’s look at the performance matrix of the company that is accounted for 271 employees. In terms of profitability, gross margin is 37.44%, operating margin of 17.02%, and the pretax margin is 15.22%.
Simply Good Foods Co (SMPL) Insider Updates
As we move forward, let’s examine how large-scale investors are investing in this stock of the Packaged Foods Industry. The insider ownership of Simply Good Foods Co is 9.52%, while institutional ownership is 89.40%. The most recent insider transaction that took place on Jul 31 ’24, was worth 36,438. In this transaction SVP & General Manager, Quest of this company sold 1,058 shares at a rate of $34.44, taking the stock ownership to the 19,319 shares. Before that another transaction happened on Jul 31 ’24, when Company’s Officer proposed sale 1,058 for $34.44, making the entire transaction worth $36,438.
Simply Good Foods Co (SMPL) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around 11.87% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 8.66% 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
Here are Simply Good Foods Co’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 4.05. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.52. Likewise, its price to free cash flow for the trailing twelve months is 14.41.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.45, a number that is poised to hit 0.50 in the next quarter and is forecasted to reach 1.94 in one year’s time.
Technical Analysis of Simply Good Foods Co (SMPL)
Simply Good Foods Co (NASDAQ: SMPL) saw its 5-day average volume 0.88 million, a negative change from its year-to-date volume of 0.88 million. As of the previous 9 days, the stock’s Stochastic %D was 12.64%. Additionally, its Average True Range was 0.84.
During the past 100 days, Simply Good Foods Co’s (SMPL) raw stochastic average was set at 9.68%, which indicates a significant decrease from 25.76% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 21.50% in the past 14 days, which was lower than the 24.89% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $34.54, while its 200-day Moving Average is $36.38. Nevertheless, the first resistance level for the watch stands at $32.51 in the near term. At $32.86, the stock is likely to face the second major resistance level. The third major resistance level sits at $33.32. If the price goes on to break the first support level at $31.70, it is likely to go to the next support level at $31.24. Assuming the price breaks the second support level, the third support level stands at $30.89.
Simply Good Foods Co (NASDAQ: SMPL) Key Stats
With a market capitalization of 3.22 billion, the company has a total of 100,136K Shares Outstanding. Currently, annual sales are 1,243 M while annual income is 133,580 K. The company’s previous quarter sales were 334,760 K while its latest quarter income was 41,330 K.
