Simply Good Foods Co (NASDAQ: SMPL) on Tuesday, soared 0.36% from the previous trading day, before settling in for the closing price of $33.41. Within the past 52 weeks, SMPL’s price has moved between $30.00 and $43.00.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Consumer Defensive sector was 25.40%. The company achieved an average annual earnings per share of 12.03%. With a float of $90.60 million, this company’s outstanding shares have now reached $99.56 million.
Considering the fact that the conglomerate employs 271 people, you should pay attention to its efficiency factor. 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 Activity
Observing investor behavior towards Packaged Foods industry stocks is more important than anything else. The insider ownership of Simply Good Foods Co is 9.52%, while institutional ownership is 89.44%. 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) Earnings and Forecasts
As on 5/31/2024, Multinational firm has announced its last quarter scores, in which it reported 0.45 earnings per share (EPS) for the period topping the consensus outlook (set at 0.45) by 0. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.45 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 12.03% 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
Simply Good Foods Co (SMPL) is currently performing well based on its current performance indicators. A quick ratio of 4.05 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.63. Likewise, its price to free cash flow for the trailing twelve months is 15.02.
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)
Compared to the last year’s volume of 0.9 million, its volume of 1.19 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 77.14%. Additionally, its Average True Range was 0.90.
During the past 100 days, Simply Good Foods Co’s (SMPL) raw stochastic average was set at 30.04%, which indicates a significant decrease from 89.76% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 28.89% in the past 14 days, which was higher than the 25.33% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $33.85, while its 200-day Moving Average is $36.11. Nevertheless, the first resistance level for the watch stands at $33.87 in the near term. At $34.21, the stock is likely to face the second major resistance level. The third major resistance level sits at $34.63. If the price goes on to break the first support level at $33.11, it is likely to go to the next support level at $32.69. Should the price break the second support level, the third support level stands at $32.35.
Simply Good Foods Co (NASDAQ: SMPL) Key Stats
Market capitalization of the company is 3.36 billion based on 100,136K outstanding shares. Right now, sales total 1,243 M and income totals 133,580 K. The company made 334,760 K in profit during its latest quarter, and 41,330 K in sales during its previous quarter.
