Simply Good Foods Co (SMPL) is expecting 18.27% growth in the next quarter: What can investors do to maximize their returns?

MAXR

Simply Good Foods Co (NASDAQ: SMPL) on Tuesday, plunged -0.40% from the previous trading day, before settling in for the closing price of $39.90. Within the past 52 weeks, SMPL’s price has moved between $30.00 and $43.00.

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Consumer Defensive Sector giant saw their annual sales surged by 21.75% over the last five years. The company achieved an average annual earnings per share of 4.72%. With a float of $92.27 million, this company’s outstanding shares have now reached $100.15 million.

The firm has a total of 316 workers. Let’s measure their productivity. In terms of profitability, gross margin is 37.8%, operating margin of 15.71%, and the pretax margin is 13.97%.

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 8.67%, while institutional ownership is 91.19%. The most recent insider transaction that took place on Nov 18 ’24, was worth 2,886,229. In this transaction Chf Legal & Corp. Affairs Of. of this company sold 76,761 shares at a rate of $37.60, taking the stock ownership to the 40,068 shares. Before that another transaction happened on Nov 18 ’24, when Company’s Officer proposed sale 76,761 for $37.00, making the entire transaction worth $2,840,157.

Simply Good Foods Co (SMPL) Earnings and Forecasts

Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.42 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 4.72% per share during the next fiscal year.

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 2.75 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 3.02. Likewise, its price to free cash flow for the trailing twelve months is 19.30.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.38, a number that is poised to hit 0.47 in the next quarter and is forecasted to reach 2.13 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 0.85 million was lower than the volume posted last year of 0.89 million. As of the previous 9 days, the stock’s Stochastic %D was 64.56%. Additionally, its Average True Range was 0.76.

During the past 100 days, Simply Good Foods Co’s (SMPL) raw stochastic average was set at 91.54%, which indicates a significant increase from 51.69% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 10.74% in the past 14 days, which was lower than the 23.26% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $36.50, while its 200-day Moving Average is $35.12. Now, the first resistance to watch is $40.19. This is followed by the second major resistance level at $40.65. The third major resistance level sits at $41.04. If the price goes on to break the first support level at $39.34, it is likely to go to the next support level at $38.95. Should the price break the second support level, the third support level stands at $38.49.

Simply Good Foods Co (NASDAQ: SMPL) Key Stats

Market capitalization of the company is 4.01 billion based on 101,027K outstanding shares. Right now, sales total 1,331 M and income totals 139,310 K. The company made 375,690 K in profit during its latest quarter, and 29,290 K in sales during its previous quarter.