Smart for Life, Inc. (SMFL)

NASDAQ: SMFL · IEX Real-Time Price · USD
0.201
+0.025 (14.46%)
At close: Feb 1, 2023, 4:00 PM
0.197
-0.004 (-1.99%)
Pre-market: Feb 2, 2023, 8:45 AM EST
14.46%
Market Cap 7.26M
Revenue (ttm) 18.33M
Net Income (ttm) -26.18M
Shares Out 36.10M
EPS (ttm) -1.31
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 87,547
Open 0.181
Previous Close 0.176
Day's Range 0.180 - 0.230
52-Week Range 0.180 - 3.250
Beta n/a
Analysts Sell
Price Target 8.16 (+3,959.7%)
Earnings Date n/a

About SMFL

Smart for Life, Inc. acquires, develops, manufactures, operates, markets, and sells nutraceutical and related products in the United States and internationally. It offers natural health and wellness meal replacement products, including nutrition bars, cookies, soups and shakes, vitamins, and supplements; dietary supplements; nutritional supplements for athletes and active lifestyle consumers comprising powders, tablets, and soft gels; and various nutritional supplements. It sells its products through online market platforms. The company was for... [Read more]

Industry Packaged Foods
IPO Date Feb 16, 2022
Employees 114
Stock Exchange NASDAQ
Ticker Symbol SMFL
Full Company Profile

Financial Performance

In 2021, Smart for Life's revenue was $9.02 million, an increase of 360.43% compared to the previous year's $1.96 million. Losses were -$8.12 million, 156.3% more than in 2020.

Financial Statements

Analyst Forecast

According to 6 analysts, the average rating for SMFL stock is "Sell." The 12-month stock price forecast is $8.16, which is an increase of 3,959.70% from the latest price.

Price Target
$8.16
(3,959.70% upside)
Analyst Consensus: Sell
Stock Forecasts

News

Smart for Life Provides an Update on Nasdaq Listing

Company's Successful Hearing with Nasdaq Hearings Panel Results in Extension until May 30, 2023 to Regain Compliance Company's Successful Hearing with Nasdaq Hearings Panel Results in Extension until ...

22 hours ago - GlobeNewsWire

4 Cheapest Defensive Stocks You Should Think About

The most oversold stocks in the consumer staples sector presents an opportunity to buy into undervalued companies.

Other symbols: LOCLRGFRKDA
1 day ago - Benzinga

Smart for Life Announces Launch of Greens First Protein Bars

New Line of Protein Bars Specifically Formulated with the Greens First PRO Line, Provides a Nutrient Dense Meal Replacement with 54 Super Foods, Expected Launch in Q1 2023 New Line of Protein Bars Spe...

1 month ago - GlobeNewsWire

Smart for Life Announces Capital Restructuring Designed to Address Nasdaq Listing Requirements and Unlock Shareholder Value

Includes $1.0M Private Placement with Accredited Institutional Investors; and Conversion of $2.5M of Debt to Equity

1 month ago - GlobeNewsWire

Smart for Life Announces New Corporate Headquarters

Consolidation of Corporate Operations Will Drive Greater Efficiencies and Cost Savings Consolidation of Corporate Operations Will Drive Greater Efficiencies and Cost Savings

2 months ago - GlobeNewsWire

Smart for Life Announces Q3 2022 Financial Results

Revenue Increases 59.1% Year-Over-Year to $5.4 Million for the Third Quarter of 2022 Due to Successful Acquisition Strategy

2 months ago - GlobeNewsWire

Cosmos Health and Smart for Life Execute Letter of Intent for Strategic Global Co-Venture

LOI Calls for the Provision of SMFL Pan-European Access and COSM North American Access for Products and Services LOI Calls for the Provision of SMFL Pan-European Access and COSM North American Access ...

3 months ago - GlobeNewsWire

Smart for Life Appoints Accomplished Finance and Capital Markets Executive Arthur S. Reynolds to Board of Directors

MIAMI, Oct. 21, 2022 (GLOBE NEWSWIRE) -- Smart for Life, Inc. (Nasdaq: SMFL) (“Smart for Life” or the “Company”), a high growth global leader in the Health & Wellness sector marketing and manufacturin...

3 months ago - GlobeNewsWire

Smart for Life to Present at the LD Micro Main Event XV on October 25th

Miami, Florida--(Newsfile Corp. - October 18, 2022) - Smart for Life, Inc. (NASDAQ: SMFL) ("Smart for Life" or the "Company"), a high growth global leader in the Health & Wellness sector marketing and...

3 months ago - Newsfile Corp

Smart for Life Featured by New to the Street

Interviews to Air on National Television Including Bloomberg and Fox Business Interviews to Air on National Television Including Bloomberg and Fox Business

3 months ago - GlobeNewsWire

Smart For Life Announces Initiation of Equity Analyst Coverage by Dawson James Securities

Initiates with “Buy” recommendation and $8 price target Initiates with “Buy” recommendation and $8 price target

4 months ago - GlobeNewsWire

Smart for Life Announces Letter of Intent to Acquire Premier North American Nutraceuticals Company

Acquisition is Expected to Add over $15 million of Revenue and to be Accretive to Earnings Acquisition is Expected to Add over $15 million of Revenue and to be Accretive to Earnings

4 months ago - GlobeNewsWire

Smart For Life to Present at the H.C. Wainwright 24th Annual Global Investment Conference

MIAMI, Sept. 09, 2022 (GLOBE NEWSWIRE) -- Smart for Life, Inc. (Nasdaq: SMFL) (“Smart for Life” or the “Company”), a high growth global leader in the Health & Wellness sector marketing and manufacturi...

5 months ago - GlobeNewsWire

Smart for Life Names Stuart Benson, JD, as Managing Director of its Newly Formed Smart Acquisition Group

Smart Acquisition Group is a Dedicated M&A Team Focused on Accelerating Growth through Acquisitions and other Growth Initiatives Smart Acquisition Group is a Dedicated M&A Team Focused on Accelerating...

5 months ago - GlobeNewsWire

Smart for Life Announces the “Director's Forum” – Observations from the Company's Independent Directors

Current Release Features Ronald S. Altbach, Director and Capital Markets Executive Current Release Features Ronald S. Altbach, Director and Capital Markets Executive

6 months ago - GlobeNewsWire

Smart for Life Announces Q2 2022 Financial Results

Revenue Increases 401.2% Year-Over-Year to $4.3 Million for the Second Quarter of 2022 Due to Successful Acquisition Strategy

6 months ago - GlobeNewsWire

Smart for Life Releases Online Investor Fact Sheet

Company Provides Additional Resources for Investors as it Increases its Awareness Initiatives Company Provides Additional Resources for Investors as it Increases its Awareness Initiatives

6 months ago - GlobeNewsWire

Smart for Life Announces 171% Increase in Amazon Sales and Largest Prime Day in Its History

Company Provides Updates on its Amazon Initiatives; Continues its Expansion of Online Presence and Outreach Company Provides Updates on its Amazon Initiatives; Continues its Expansion of Online Presen...

6 months ago - GlobeNewsWire

REMINDER: Smart for Life to Host a Conference Call Today to Discuss Ceautamed Worldwide Acquisition, Positive Developments, and New Strategic Initiatives

MIAMI, Aug. 10, 2022 (GLOBE NEWSWIRE) -- Smart for Life, Inc. (Nasdaq: SMFL) (“Smart for Life” or the “Company”), a high growth global leader in the health & wellness sector, marketing and manufacturi...

6 months ago - GlobeNewsWire

Smart for Life to Host a Conference Call to Discuss Ceautamed Worldwide Acquisition, Positive Developments, and New Strategic Initiatives

MIAMI, Aug. 08, 2022 (GLOBE NEWSWIRE) -- Smart for Life, Inc. (Nasdaq: SMFL) (“Smart for Life” or the “Company”), a high growth global leader in the health & wellness sector, marketing and manufacturi...

6 months ago - GlobeNewsWire

Smart for Life Completes Acquisition of Ceautamed Worldwide the Owner of Greens First

Acquisition Expected to be Highly Synergistic and Accretive

6 months ago - GlobeNewsWire

Smart for Life CEO to Participate in the Benzinga All Access Event on July 15th

MIAMI, July 13, 2022 (GLOBE NEWSWIRE) -- Smart for Life, Inc. (Nasdaq: SMFL) (“Smart for Life” or the “Company”), a global leader in the Health & Wellness sector marketing and manufacturing nutritiona...

7 months ago - GlobeNewsWire

Smart for Life, Inc. Describes Growth Through M&A Strategy in Health & Wellness Sector and Provides Update on Acquisition Pipeline in New Video Interview on Planet MicroCap

LOS ANGELES, CA / ACCESSWIRE / July 12, 2022 / Planet MicroCap today published a new Video Interview with Darren Minton, CEO of Smart for Life, Inc. (NASDAQ:SMFL), discussing the company's strategy an...

7 months ago - Accesswire

Why Shares Of Smart For Life Are Trading Higher Today

Shares of small-cap penny stock Smart For Life (NASDAQ: SMFL) shares are trading higher after the company announced it will be ramping up manufacturing of Milk Dust lactation products amid the baby fo...

7 months ago - Benzinga

Smart for Life Ramps Up Manufacturing of Milk Dust Lactation Products During Baby Formula Scarcity

Milk Dust Has Partnered with Smart for Life to Manufacture Its Proprietary Products Designed to Support Mother's Breast Milk Production Milk Dust Has Partnered with Smart for Life to Manufacture Its P...

8 months ago - GlobeNewsWire