Is Simply Good Stock a Good Investment?
Simply Good Investment Advice | SMPL |
- Examine Simply Good's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Simply Good's leadership team and their track record. Good management can help Simply Good navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Packaged Foods & Meats space and any emerging trends that could impact Simply Good's business and its evolving consumer preferences.
- Compare Simply Good's performance and market position to its competitors. Analyze how Simply Good is positioned in terms of product offerings, innovation, and market share.
- Check if Simply Good pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Simply Good's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Simply Good Foods stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Simply Good Foods is a good investment.
Sell | Buy |
Cautious Hold
Market Performance | Very Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Under hyped | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Follows the market closely | 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 |
Examine Simply Good Stock
Researching Simply Good's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 96.0% of the company shares are owned by institutional investors. The company has price-to-book ratio of 1.88. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Simply Good Foods has Price/Earnings To Growth (PEG) ratio of 1.76. The entity last dividend was issued on the 20th of February 2015. The firm had 26:16 split on the November 19, 2010.
To determine if Simply Good is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Simply Good's research are outlined below:
| Simply Good Foods generated a negative expected return over the last 90 days | |
| Over 96.0% of the company shares are owned by institutional investors | |
| Latest headline from zacks.com: Scholastic Reports Q3 Loss, Misses Revenue Estimates |
Simply Good Quarterly Cash And Short Term Investments |
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Simply Good uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Simply Good Foods. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Simply Good's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 3rd of April 2024 Upcoming Quarterly Report | View | |
| 4th of July 2024 Next Financial Report | View | |
| 29th of February 2024 Next Fiscal Quarter End | View | |
| 22nd of October 2024 Next Fiscal Year End | View | |
| 30th of November 2023 Last Quarter Report | View | |
| 31st of August 2023 Last Financial Announcement | View |
Earnings surprises can significantly impact Simply Good's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises Simply Good's investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2018-07-10 | 2018-05-31 | 0.09 | 0.1 | 0.01 | 11 | ||
2019-07-02 | 2019-05-31 | 0.14 | 0.16 | 0.02 | 14 | ||
2019-04-04 | 2019-02-28 | 0.13 | 0.15 | 0.02 | 15 | ||
2019-01-03 | 2018-11-30 | 0.19 | 0.17 | -0.02 | 10 | ||
2018-10-24 | 2018-08-31 | 0.13 | 0.15 | 0.02 | 15 | ||
2023-04-05 | 2023-02-28 | 0.29 | 0.32 | 0.03 | 10 | ||
2021-10-22 | 2021-08-31 | 0.25 | 0.29 | 0.04 | 16 | ||
2018-04-10 | 2018-02-28 | 0.14 | 0.1 | -0.04 | 28 |
Know Simply Good's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Simply Good is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Simply Good Foods backward and forwards among themselves. Simply Good's institutional investor refers to the entity that pools money to purchase Simply Good's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Geode Capital Management, Llc | 2024-12-31 | 2.1 M | Silvercrest Asset Management Group Llc | 2024-12-31 | 1.9 M | Woodline Partners Lp | 2024-12-31 | 1.5 M | Boston Partners Global Investors, Inc | 2024-12-31 | 1.2 M | Armistice Capital, Llc | 2024-12-31 | 1.2 M | Norges Bank | 2024-12-31 | 1.1 M | Charles Schwab Investment Management Inc | 2024-12-31 | 1 M | Victory Capital Management Inc. | 2024-12-31 | 1 M | Northern Trust Corp | 2024-12-31 | 999.5 K | Blackrock Inc | 2024-12-31 | 14.1 M | Vanguard Group Inc | 2024-12-31 | 10.6 M |
Simply Good's market capitalization trends
The company currently falls under 'Mid-Cap' category with a current market capitalization of 3.33 B.Market Cap |
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Simply Good's profitablity analysis
| Last Reported | Projected for Next Year |
Determining Simply Good's profitability involves analyzing its financial statements and using various financial metrics to determine if Simply Good is a good buy. For example, gross profit margin measures Simply Good's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Simply Good's profitability and make more informed investment decisions.
Simply Good's Earnings Breakdown by Geography
Evaluate Simply Good's management efficiency
Simply Good Foods has return on total asset (ROA) of 0.0653 % which means that it generated a profit of $0.0653 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.0839 %, meaning that it created $0.0839 on every $100 dollars invested by stockholders. Simply Good's management efficiency ratios could be used to measure how well Simply Good manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is expected to rise to -0.001 this year. Return On Capital Employed is expected to rise to -0.0011 this year. At this time, Simply Good's Fixed Asset Turnover is quite stable compared to the past year.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 34.79 | 36.53 | |
| Tangible Book Value Per Share | 14.50 | 15.23 | |
| Enterprise Value Over EBITDA | 16.42 | 15.60 | |
| Price Book Value Ratio | 0.34 | 0.33 | |
| Enterprise Value Multiple | 16.42 | 15.60 | |
| Price Fair Value | 0.34 | 0.33 | |
| Enterprise Value | 3.1 B | 2.2 B |
Effective leadership at Simply Good drives its competitive edge in the market. Our analysis focuses on how this translates to financial performance and stock value.
Beta 0.656 |
Basic technical analysis of Simply Stock
As of the 24th of March, Simply Good has the Variance of 3.77, coefficient of variation of (747.34), and Risk Adjusted Performance of (0.11). In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Simply Good Foods, as well as the relationship between them. Please validate Simply Good Foods information ratio and skewness to decide if Simply Good is priced more or less accurately, providing market reflects its prevalent price of 33.0 per share. Given that Simply Good Foods has information ratio of (0.10), we advise you to double-check Simply Good Foods's current market performance to make sure the company can sustain itself at a future point.Simply Good's insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Simply Good insiders, such as employees or executives, is commonly permitted as long as it does not rely on Simply Good's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Simply Good insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Simply Good's Outstanding Corporate Bonds
Simply Good issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Simply Good Foods uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Simply bonds can be classified according to their maturity, which is the date when Simply Good Foods has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| Dana 575 percent Corp BondUS235822AB96 | View | |
| Morgan Stanley 3971 Corp BondUS61744YAL20 | View | |
| AerCap Global Aviation Corp BondUS00773HAA59 | View |
Understand Simply Good's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Simply Good's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | (0.11) | |||
| Market Risk Adjusted Performance | (0.42) | |||
| Mean Deviation | 1.34 | |||
| Coefficient Of Variation | (747.34) | |||
| Standard Deviation | 1.94 | |||
| Variance | 3.77 | |||
| Information Ratio | (0.10) | |||
| Jensen Alpha | (0.23) | |||
| Total Risk Alpha | (0.12) | |||
| Treynor Ratio | (0.43) | |||
| Maximum Drawdown | 10.02 | |||
| Value At Risk | (3.31) | |||
| Potential Upside | 2.27 | |||
| Skewness | 0.2166 | |||
| Kurtosis | 2.7 |
| Risk Adjusted Performance | (0.11) | |||
| Market Risk Adjusted Performance | (0.42) | |||
| Mean Deviation | 1.34 | |||
| Coefficient Of Variation | (747.34) | |||
| Standard Deviation | 1.94 | |||
| Variance | 3.77 | |||
| Information Ratio | (0.10) | |||
| Jensen Alpha | (0.23) | |||
| Total Risk Alpha | (0.12) | |||
| Treynor Ratio | (0.43) | |||
| Maximum Drawdown | 10.02 | |||
| Value At Risk | (3.31) | |||
| Potential Upside | 2.27 | |||
| Skewness | 0.2166 | |||
| Kurtosis | 2.7 |
Consider Simply Good's intraday indicators
Simply Good intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Simply Good stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Simply Good Corporate Filings
| 7th of March 2025 Other Reports | ViewVerify | |
F4 | 5th of March 2025 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
| 12th of February 2025 Other Reports | ViewVerify | |
8K | 3rd of February 2025 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
Simply Stock media impact
Far too much social signal, news, headlines, and media speculation about Simply Good that are available to investors today. That information is available publicly through Simply media outlets and privately through word of mouth or via Simply internal channels. However, regardless of the origin, that massive amount of Simply data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Simply Good news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Simply Good relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Simply Good's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Simply Good alpha.
Simply Good Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Simply Good can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Simply Good Foods Historical Investor Sentiment
Investor biases related to Simply Good's public news can be used to forecast risks associated with an investment in Simply. The trend in average sentiment can be used to explain how an investor holding Simply can time the market purely based on public headlines and social activities around Simply Good Foods. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Simply Good's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Simply Good and other traded tickers. The bigger the bubble, the more accurate the estimated score. Higher bars for a given day show more participation in the average Simply Good news discussions. The higher the estimate score, the more favorable the investor's outlook on Simply Good.
Simply Good Corporate Management
| Stuart Heflin | Senior Quest | Profile | |
| Jeremy Ivie | Chief Officer | Profile | |
| Ryan Thomas | Senior Atkins | Profile | |
| Timothy Kraft | General Counsel, Corporate Secretary | Profile | |
| Jason Bendure | Senior Operations | Profile | |
| Stamati Arakas | Senior eCommerce | Profile | |
| Jennifer Livingston | Director Communications | Profile |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in 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. You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
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 0.085 | Earnings Share 1.41 | Revenue Per Share | Quarterly Revenue Growth 0.106 | Return On Assets |
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.
In summary, please note that there is a difference between Simply Good's value and its price, as these two are different measures arrived at by various 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.