The Simply Good Foods Company (SMPL)
NASDAQ: SMPL · IEX Real-Time Price · USD
34.03
+0.14 (0.41%)
At close: Mar 28, 2024, 4:00 PM
33.35
-0.68 (-2.00%)
After-hours: Mar 28, 2024, 4:05 PM EDT
SMPL Stock Forecast
Stock Price Forecast
The 8 analysts with 12-month price forecasts for SMPL stock have an average target of 42.13, with a low estimate of 38 and a high estimate of 46. The average target predicts an increase of 23.80% from the current stock price of 34.03.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for SMPL stock from 8 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
Rating | Oct '23 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 |
---|---|---|---|---|---|---|
Strong Buy | 6 | 6 | 5 | 5 | 5 | 5 |
Buy | 3 | 3 | 3 | 3 | 3 | 1 |
Hold | 1 | 1 | 1 | 2 | 2 | 2 |
Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Total | 10 | 10 | 9 | 10 | 10 | 8 |
Latest Forecasts
Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
---|---|---|---|---|---|---|---|
Stifel | Stifel | Strong Buy Maintains $48 → $38 | Strong Buy | Maintains | $48 → $38 | +11.67% | Mar 28, 2024 |
Morgan Stanley | Morgan Stanley | Buy Maintains $46 → $42 | Buy | Maintains | $46 → $42 | +23.42% | Mar 20, 2024 |
DA Davidson | DA Davidson | Hold Maintains $44 → $39 | Hold | Maintains | $44 → $39 | +14.60% | Mar 20, 2024 |
Needham | Needham | Strong Buy Maintains $42 → $45 | Strong Buy | Maintains | $42 → $45 | +32.24% | Jan 5, 2024 |
DA Davidson | DA Davidson | Hold Maintains $42 → $44 | Hold | Maintains | $42 → $44 | +29.30% | Jan 5, 2024 |
Financial Forecast
Revenue This Year
1.35B
from 1.24B
Increased by 8.48%
Revenue Next Year
1.42B
from 1.35B
Increased by 5.27%
EPS This Year
1.86
from 1.32
Increased by 40.78%
EPS Next Year
2.05
from 1.86
Increased by 10.57%
Revenue Forecast
Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | 1.4B | 1.5B | 1.6B | 1.6B | 1.6B |
Avg | 1.3B | 1.4B | 1.5B | 1.5B | 1.6B |
Low | 1.3B | 1.3B | 1.4B | 1.5B | 1.5B |
Revenue Growth
Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | 12.7% | 11.1% | 13.5% | 8.1% | 6.2% |
Avg | 8.5% | 5.3% | 5.0% | 3.6% | 3.2% |
Low | 3.2% | -1.1% | -2.0% | -1.7% | -0.8% |
EPS Forecast
EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | 1.94 | 2.19 | 2.52 | 2.47 | 2.47 |
Avg | 1.86 | 2.05 | 2.28 | 2.33 | 2.40 |
Low | 1.74 | 1.84 | 1.96 | 2.17 | 2.31 |
EPS Growth
EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | 47.2% | 18.1% | 22.6% | 8.2% | 6.1% |
Avg | 40.8% | 10.6% | 10.9% | 2.1% | 3.1% |
Low | 32.2% | -0.9% | -4.4% | -4.8% | -0.9% |
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.