The Simply Good Foods Company (SMPL)

SMPL Stock Forecast

Stock Price Forecast

The 9 analysts with 12-month price forecasts for SMPL stock have an average target of 39.67, with a low estimate of 34 and a high estimate of 43. The average target predicts an increase of 1.90% from the current stock price of 38.93.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$34	$39.67	$40	$43
Change	-12.66%	+1.90%	+2.75%	+10.45%

Analyst Ratings

The average analyst rating for SMPL stock from 9 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Jun '24	Jul '24	Aug '24	Sep '24	Oct '24	Nov '24
Strong Buy	4	4	4	4	3	4
Buy	1	1	1	1	2	2
Hold	3	3	3	3	3	3
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	8	8	8	8	8	9

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Wendy Nicholson Citigroup	Citigroup	Strong Buy Maintains $46 → $43	Strong Buy	Maintains	$46 → $43	+10.45%	Nov 14, 2024
Ben Bienvenu Stephens & Co.	Stephens & Co.	Buy Maintains $44 → $42	Buy	Maintains	$44 → $42	+7.89%	Oct 23, 2024
Brian Holland DA Davidson	DA Davidson	Hold Maintains $35 → $38	Hold	Maintains	$35 → $38	-2.39%	Jul 1, 2024
Matt McGinley Needham	Needham	Strong Buy Reiterates $41	Strong Buy	Reiterates	$41	+5.32%	Jun 28, 2024
Steve Powers Deutsche Bank	Deutsche Bank	Hold Maintains $36 → $37	Hold	Maintains	$36 → $37	-4.96%	Jun 14, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

1.49B

Increased by 11.84%

from 1.33B

Revenue Next Year

1.58B

Increased by 6.18%

from 1.49B

EPS This Year

1.95

Increased by 41.50%

from 1.38

EPS Next Year

2.16

Increased by 10.80%

from 1.95

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Aug 29, 2020	Aug 28, 2021	Aug 27, 2022	Aug 26, 2023	Aug 31, 2024	Aug 31, 2025	Aug 31, 2026	Aug 31, 2027
Revenue	816.64M	1.01B	1.17B	1.24B	1.33B	1.49B	1.58B	1.67B
Revenue Growth	55.92%	23.14%	16.22%	6.33%	7.13%	11.84%	6.18%	5.57%
EPS	0.35	0.42	1.08	1.32	1.38	1.95	2.16	2.27
EPS Growth	-	19.03%	157.14%	22.22%	4.55%	41.50%	10.80%	4.97%
Forward PE	-	-	-	-	-	19.94	17.99	17.14
No. Analysts	-	-	-	-	-	12	11	5

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2025	2026	2027	2028	2029
High	1.5B	1.7B	1.7B
Avg	1.5B	1.6B	1.7B
Low	1.4B	1.5B	1.6B

Revenue Growth

Revenue Growth	2025	2026	2027	2028	2029
High	16.1%	11.8%	9.1%
Avg	11.8%	6.2%	5.6%
Low	7.0%	0.7%	1.2%

EPS Forecast

EPS	2025	2026	2027	2028	2029
High	2.05	2.31	2.38
Avg	1.95	2.16	2.27
Low	1.82	2.02	2.16

EPS Growth

EPS Growth	2025	2026	2027	2028	2029
High	48.4%	18.3%	10.2%
Avg	41.5%	10.8%	5.0%
Low	32.1%	3.4%	-0.4%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.