Simply Good Foods Stock Buy Hold or Sell Recommendation
| SMPL Stock | USD 39.79 0.13 0.33% |
Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding Simply Good Foods is 'Cautious Hold'. The recommendation algorithm takes into account all of Simply Good's available fundamental, technical, and predictive indicators you will find on this site.
Check out Simply Good Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note, we conduct extensive research on individual companies such as Simply and provide practical buy, sell, or hold advice based on investors' constraints. Simply Good Foods. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
Simply |
Execute Simply Good Buy or Sell Advice
The Simply recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Simply Good Foods. Macroaxis does not own or have any residual interests in Simply Good Foods or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Simply Good's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Cautious Hold
Market Performance | Solid | Details | |
Volatility | Very steady | Details | |
Hype Condition | Under hyped | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Almost neglects market trends | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Strong Buy | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Simply Good Trading Alerts and Improvement Suggestions
| Over 93.0% of the company shares are owned by institutional investors | |
| Latest headline from simplywall.st: The Simply Good Foods Companys Stock Is Going Strong Have Financials A Role To Play |
Simply Good Returns Distribution Density
The distribution of Simply Good's historical returns is an attempt to chart the uncertainty of Simply Good's future price movements. The chart of the probability distribution of Simply Good daily returns describes the distribution of returns around its average expected value. We use Simply Good Foods price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Simply Good returns is essential to provide solid investment advice for Simply Good.
| Mean Return | 0.34 | Value At Risk | -1.69 | Potential Upside | 2.91 | Standard Deviation | 1.46 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Simply Good historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Simply Stock Institutional Investors
| Shares | Geode Capital Management, Llc | 2024-09-30 | 2.1 M | Silvercrest Asset Management Group Llc | 2024-06-30 | 1.9 M | Loomis, Sayles & Company Lp | 2024-06-30 | 1.6 M | Amvescap Plc. | 2024-06-30 | 1.6 M | Morgan Stanley - Brokerage Accounts | 2024-06-30 | 1.5 M | Armistice Capital, Llc | 2024-09-30 | 1.4 M | Neuberger Berman Group Llc | 2024-06-30 | 1.3 M | Franklin Resources Inc | 2024-09-30 | 1.1 M | Victory Capital Management Inc. | 2024-09-30 | 1 M | Blackrock Inc | 2024-06-30 | 13.8 M | Vanguard Group Inc | 2024-09-30 | 10.7 M |
Simply Good Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change To Inventory | (8.2M) | 23.9M | (39.3M) | (29.5M) | 8.2M | 13.7M | |
| Depreciation | 7.6M | 19.9M | 23.2M | 25.9M | 27.0M | 28.0M | |
| Capital Expenditures | 1.0M | 2.7M | 6.7M | 5.8M | 12.2M | 6.5M | |
| Net Income | (25.2M) | 65.6M | 40.9M | 108.6M | 133.6M | 139.3M | |
| End Period Cash Flow | 266.3M | 95.8M | 75.3M | 67.5M | 87.7M | 132.5M | |
| Change In Cash | 154.4M | (170.5M) | (20.5M) | (7.9M) | 20.2M | 44.8M | |
| Free Cash Flow | 56.3M | 125.4M | 104.9M | 158.9M | 209.2M | 219.7M | |
| Other Non Cash Items | (25.5M) | 72.5M | 33.7M | 4.0M | 2.6M | 2.5M | |
| Net Borrowings | (1.5M) | (2M) | 401.8M | (50.3M) | 159.1M | 142.0M | |
| Change To Netincome | 17.4M | 17.8M | (13.1M) | 54.6M | (3.2M) | (3.0M) |
Simply Good Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Simply Good or Food Products sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Simply Good's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Simply stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | 0.36 | |
β | Beta against Dow Jones | -0.23 | |
σ | Overall volatility | 1.44 | |
Ir | Information ratio | 0.14 |
Simply Good Volatility Alert
Simply Good Foods has relatively low volatility with skewness of 0.06 and kurtosis of -0.21. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Simply Good's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Simply Good's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Simply Good Fundamentals Vs Peers
Comparing Simply Good's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Simply Good's direct or indirect competition across all of the common fundamentals between Simply Good and the related equities. This way, we can detect undervalued stocks with similar characteristics as Simply Good or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Simply Good's fundamental indicators could also be used in its relative valuation, which is a method of valuing Simply Good by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Simply Good to competition |
| Fundamentals | Simply Good | Peer Average |
| Return On Equity | 0.0845 | -0.31 |
| Return On Asset | 0.0631 | -0.14 |
| Profit Margin | 0.10 % | (1.27) % |
| Operating Margin | 0.18 % | (5.51) % |
| Current Valuation | 4.27 B | 16.62 B |
| Shares Outstanding | 100.22 M | 571.82 M |
| Shares Owned By Insiders | 7.56 % | 10.09 % |
| Shares Owned By Institutions | 92.80 % | 39.21 % |
| Number Of Shares Shorted | 3.83 M | 4.71 M |
| Price To Earning | 55.24 X | 28.72 X |
| Price To Book | 2.32 X | 9.51 X |
| Price To Sales | 3.01 X | 11.42 X |
| Revenue | 1.33 B | 9.43 B |
| Gross Profit | 445.56 M | 27.38 B |
| EBITDA | 240.06 M | 3.9 B |
| Net Income | 139.31 M | 570.98 M |
| Cash And Equivalents | 67.49 M | 2.7 B |
| Cash Per Share | 0.68 X | 5.01 X |
| Total Debt | 402.98 M | 5.32 B |
| Debt To Equity | 0.32 % | 48.70 % |
| Current Ratio | 3.44 X | 2.16 X |
| Book Value Per Share | 17.25 X | 1.93 K |
| Cash Flow From Operations | 215.7 M | 971.22 M |
| Short Ratio | 4.50 X | 4.00 X |
| Earnings Per Share | 1.38 X | 3.12 X |
| Price To Earnings To Growth | 1.76 X | 4.89 X |
| Target Price | 38.9 | |
| Number Of Employees | 316 | 18.84 K |
| Beta | 0.64 | -0.15 |
| Market Capitalization | 4 B | 19.03 B |
| Total Asset | 2.44 B | 29.47 B |
| Retained Earnings | 487.26 M | 9.33 B |
| Working Capital | 331.67 M | 1.48 B |
Note: Disposition of 26907 shares by Timothy Kraft of Simply Good at 19.89 subject to Rule 16b-3 [view details]
Simply Good Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Simply . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 7019.14 | |||
| Daily Balance Of Power | (0.24) | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 39.99 | |||
| Day Typical Price | 39.92 | |||
| Price Action Indicator | (0.27) | |||
| Period Momentum Indicator | (0.13) | |||
| Relative Strength Index | 73.45 |
About Simply Good Buy or Sell Advice
When is the right time to buy or sell Simply Good Foods? Buying financial instruments such as Simply Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
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Check out Simply Good Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
Is Packaged Foods & Meats space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Simply Good. If investors know Simply will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Simply Good listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.19) | Earnings Share 1.38 | Revenue Per Share 13.323 | Quarterly Revenue Growth 0.172 | Return On Assets 0.0631 |
The market value of Simply Good Foods is measured differently than its book value, which is the value of Simply that is recorded on the company's balance sheet. Investors also form their own opinion of Simply Good's value that differs from its market value or its book value, called intrinsic value, which is Simply Good's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Simply Good's market value can be influenced by many factors that don't directly affect Simply Good's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Simply Good's value and its price as these two are different measures arrived at by different means. Investors typically determine if Simply Good is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Simply Good's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.