On Friday, Simply Good Foods Co (NASDAQ: SMPL) was 0.33% up from the session before settling in for the closing price of $33.05. A 52-week range for SMPL has been $30.00 – $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%. When this article was written, the company’s average yearly earnings per share was at 12.04%. With a float of $90.56 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
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Simply Good Foods Co stocks. The insider ownership of Simply Good Foods Co is 9.57%, while institutional ownership is 89.54%. 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
Going through the last 3-months fiscal report unveiled on the 5/31/2024, it has been observed that the corporation posted 0.45 earnings per share (EPS) during the time that was better than consensus figure (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 12.04% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 8.58% 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
You can see what Simply Good Foods Co (SMPL) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 4.05. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.60. Likewise, its price to free cash flow for the trailing twelve months is 14.85.
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 1.93 in one year’s time.
Technical Analysis of Simply Good Foods Co (SMPL)
Compared to the last year’s volume of 0.88 million, its volume of 0.74 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 23.60%. Additionally, its Average True Range was 0.73.
During the past 100 days, Simply Good Foods Co’s (SMPL) raw stochastic average was set at 25.16%, which indicates a significant increase from 9.34% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 20.03% in the past 14 days, which was lower than the 23.70% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $33.31, while its 200-day Moving Average is $35.31. Nevertheless, the first resistance level for the watch stands at $33.40 in the near term. At $33.64, the stock is likely to face the second major resistance level. The third major resistance level sits at $33.80. If the price goes on to break the first support level at $32.99, it is likely to go to the next support level at $32.83. Should the price break the second support level, the third support level stands at $32.59.
Simply Good Foods Co (NASDAQ: SMPL) Key Stats
There are 100,136K outstanding shares of the company, which has a market capitalization of 3.32 billion. As of now, sales total 1,243 M while income totals 133,580 K. Its latest quarter income was 334,760 K while its last quarter net income were 41,330 K.
