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
Target Low Average Median High
Price $38 $42.13 $42 $46
Change +11.67% +23.80% +23.42% +35.17%

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 '23Nov '23Dec '23Jan '24Feb '24Mar '24
Strong Buy 665555
Buy 333331
Hold 111222
Sell 000000
Strong Sell 000000
Total 1010910108

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
More Analyst Ratings

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%
Year 2019202020212022202320242025202620272028
Revenue
523.76M816.64M1.01B1.17B1.24B1.35B1.42B1.49B1.54B1.59B
Revenue Growth
19.62%55.92%23.14%16.22%6.33%8.48%5.27%5.00%3.62%3.17%
EPS
-0.310.350.421.081.321.862.052.282.332.40
EPS Growth
--20.00%157.14%22.22%40.78%10.57%10.95%2.14%3.10%
No. Analysts -----1413743
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025202620272028
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 20242025202620272028
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 20242025202620272028
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 20242025202620272028
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.