Simply Good Foods (SMPL) Scheduled to Post Quarterly Earnings on Thursday

Simply Good Foods (NASDAQ:SMPL) is scheduled to be posting its quarterly earnings results before the market opens on Thursday, October 24th. Analysts expect Simply Good Foods to post earnings of $0.45 per share for the quarter. Individual that wish to register for the company’s earnings conference call can do so using this link.

Simply Good Foods Price Performance

Shares of SMPL opened at $32.60 on Tuesday. Simply Good Foods has a 52 week low of $30.00 and a 52 week high of $43.00. The company has a current ratio of 5.19, a quick ratio of 4.05 and a debt-to-equity ratio of 0.14. The firm has a market cap of $3.26 billion, a price-to-earnings ratio of 22.44, a PEG ratio of 2.27 and a beta of 0.63. The stock has a 50 day moving average of $33.29 and a 200-day moving average of $34.75.

Analyst Upgrades and Downgrades

SMPL has been the subject of several research reports. Needham & Company LLC reaffirmed a “buy” rating and issued a $41.00 price target on shares of Simply Good Foods in a report on Friday, June 28th. DA Davidson raised their price target on Simply Good Foods from $35.00 to $38.00 and gave the stock a “neutral” rating in a report on Monday, July 1st. Three research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, Simply Good Foods currently has a consensus rating of “Moderate Buy” and an average price target of $40.29.

Insider Buying and Selling

In other Simply Good Foods news, SVP Stuart E. Jr. Heflin sold 1,058 shares of Simply Good Foods stock in a transaction that occurred on Wednesday, July 31st. The shares were sold at an average price of $34.44, for a total transaction of $36,437.52. Following the transaction, the senior vice president now directly owns 19,319 shares in the company, valued at approximately $665,346.36. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 10.98% of the stock is currently owned by company insiders.

Simply Good Foods Company Profile

The Simply Good Foods Company operates as a consumer-packaged food and beverage company in North America and internationally. The company develops, markets, and sells snacks and meal replacements. It offers protein bars, ready-to-drink shakes, sweet and salty snacks, cookies, protein chips, and recipes under the Atkins and Quest brand names.