Simply Good Stock Target Price and Analyst Consensus
| SMPL Stock | USD 34.53 0.26 0.76% |
The current analyst and expert consensus on Simply Good is Strong Buy with 4 hold recommendations. The current projected Simply Good target price consensus is 40.90 with 11 analyst opinions. One of the most common ways Simply Good Foods analysts use to provide buy-or-sell recommendation to the public are conference calls analysis and financial statements evaluations. Some experts can also talk to Simply Good vendors, executives, and/or customers. Simply Good recommendation module provides expert sentiment on the projected Simply Good Foods target price to derive its highest and lowest estimates based on target price standard deviation of 1.9769.
Lowest Forecast 37.22 | Highest Forecast 45.4 | Target Price 40.9 |
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It's important to approach Simply Good's target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.
Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.
Steps to utilize Simply Good price targets
Simply Good's stock target price is an estimate of its future price, usually made by analysts. Using Simply Good's target price to determine if it is a suitable investment can be done through the following steps:- Look at Simply Good's target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
- Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
- Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
- Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if Simply Good's stock is likely to perform well.
- Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Additional Simply Good Value Projection Modules
Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of Simply Good is a key component of Simply Good valuation and have some predictive power on the future returns of a Simply Good.Trending Themes
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Check out Macroaxis Advice on Simply Good to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon. You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.