On Tuesday, Simply Good Foods Co (NASDAQ: SMPL) opened lower -0.21% from the last session, before settling in for the closing price of $33.84. Price fluctuations for SMPL have 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 21.75% over the past five years. Company’s average yearly earnings per share was noted 4.40% at the time writing. With a float of $90.56 million, this company’s outstanding shares have now reached $100.15 million.
Let’s look at the performance matrix of the company that is accounted for 271 employees. In terms of profitability, gross margin is 37.48%, operating margin of 16.6%, and the pretax margin is 13.97%.
Simply Good Foods Co (SMPL) Insider and Institutional Ownership
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 9.57%, while institutional ownership is 91.87%. 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) Latest Financial update
If we go through the results of last quarter, which was made public on 8/31/2024, the company posted 0.43 earnings per share (EPS) for the quarter, besting the agreed prediction (set at 0.41) by 0.02. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.41 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 4.40% per share during the next fiscal year.
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 2.75. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.54. Likewise, its price to free cash flow for the trailing twelve months is 16.11.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.38, a number that is poised to hit 0.46 in the next quarter and is forecasted to reach 2.12 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 1.08 million, a positive change from its year-to-date volume of 0.88 million. As of the previous 9 days, the stock’s Stochastic %D was 69.92%. Additionally, its Average True Range was 0.75.
During the past 100 days, Simply Good Foods Co’s (SMPL) raw stochastic average was set at 35.05%, which indicates a significant decrease from 72.29% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 21.68% in the past 14 days, which was lower than the 23.72% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $33.35, while its 200-day Moving Average is $35.02. Nevertheless, the first resistance level for the watch stands at $34.03 in the near term. At $34.28, the stock is likely to face the second major resistance level. The third major resistance level sits at $34.57. If the price goes on to break the first support level at $33.48, it is likely to go to the next support level at $33.19. The third support level lies at $32.94 if the price breaches the second support level.
Simply Good Foods Co (NASDAQ: SMPL) Key Stats
There are currently 100,136K shares outstanding in the company with a market cap of 3.38 billion. Presently, the company’s annual sales total 1,331 M according to its annual income of 139,310 K. Last quarter, the company’s sales amounted to 375,690 K and its income totaled 29,290 K.
