Simply Good Foods (NASDAQ:SMPL) Receives Neutral Rating from DA Davidson

Simply Good Foods (NASDAQ:SMPL)‘s stock had its “neutral” rating restated by investment analysts at DA Davidson in a report issued on Friday,Benzinga reports. They currently have a $39.00 price objective on the financial services provider’s stock. DA Davidson’s price objective would suggest a potential upside of 273.56% from the company’s previous close.

A number of other equities analysts also recently weighed in on the stock. Zacks Research downgraded shares of Simply Good Foods from a “strong-buy” rating to a “hold” rating in a report on Tuesday, March 10th. Jefferies Financial Group upgraded shares of Simply Good Foods from a “hold” rating to a “buy” rating and lowered their target price for the stock from $23.00 to $22.00 in a report on Monday, March 16th. Stifel Nicolaus lowered their target price on shares of Simply Good Foods from $32.00 to $20.00 and set a “buy” rating on the stock in a report on Friday. Deutsche Bank Aktiengesellschaft decreased their price objective on shares of Simply Good Foods from $16.00 to $13.00 and set a “hold” rating on the stock in a report on Friday. Finally, Mizuho set a $30.00 price objective on shares of Simply Good Foods in a report on Thursday, January 15th. Five research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $22.64.

Simply Good Foods Stock Down 11.5%

SMPL traded down $1.36 during trading on Friday, reaching $10.44. 8,648,250 shares of the stock were exchanged, compared to its average volume of 2,495,666. The stock has a market cap of $966.43 million, a P/E ratio of 11.60 and a beta of 0.33. Simply Good Foods has a twelve month low of $10.21 and a twelve month high of $38.15. The stock’s 50 day moving average price is $15.61 and its two-hundred day moving average price is $19.13. The company has a debt-to-equity ratio of 0.23, a quick ratio of 3.24 and a current ratio of 5.01.

Simply Good Foods (NASDAQ:SMPL) last issued its earnings results on Thursday, April 9th. The financial services provider reported $0.45 earnings per share for the quarter, topping analysts’ consensus estimates of $0.40 by $0.05. The business had revenue of $326.01 million for the quarter, compared to the consensus estimate of $345.08 million. Simply Good Foods had a net margin of 6.26% and a return on equity of 9.56%. The firm’s revenue for the quarter was down 9.4% on a year-over-year basis. During the same period in the previous year, the company earned $0.46 earnings per share. Equities analysts expect that Simply Good Foods will post 1.78 EPS for the current year.

Institutional Investors Weigh In On Simply Good Foods

Institutional investors have recently modified their holdings of the business. EverSource Wealth Advisors LLC lifted its holdings in shares of Simply Good Foods by 125.4% in the second quarter. EverSource Wealth Advisors LLC now owns 967 shares of the financial services provider’s stock worth $31,000 after acquiring an additional 538 shares during the last quarter. Johnson Financial Group Inc. bought a new position in shares of Simply Good Foods in the third quarter worth about $36,000. Hantz Financial Services Inc. lifted its holdings in shares of Simply Good Foods by 82.3% in the fourth quarter. Hantz Financial Services Inc. now owns 1,787 shares of the financial services provider’s stock worth $36,000 after acquiring an additional 807 shares during the last quarter. Parallel Advisors LLC lifted its holdings in shares of Simply Good Foods by 167.4% in the fourth quarter. Parallel Advisors LLC now owns 2,126 shares of the financial services provider’s stock worth $43,000 after acquiring an additional 1,331 shares during the last quarter. Finally, CWM LLC lifted its holdings in shares of Simply Good Foods by 343.0% in the third quarter. CWM LLC now owns 2,605 shares of the financial services provider’s stock worth $65,000 after acquiring an additional 2,017 shares during the last quarter. Institutional investors own 88.45% of the company’s stock.

Key Simply Good Foods News

Here are the key news stories impacting Simply Good Foods this week:

• Positive Sentiment: Q2 adjusted EPS beat estimates ($0.45 vs. $0.40), showing underlying profit resilience despite top‑line weakness. Simply Good Foods Q2 Earnings Beat Estimates, Sales Decline 9.4% Y/Y
• Neutral Sentiment: Earnings call excerpts provided limited actionable detail on a clear turnaround path for underperforming brands, leaving investors with execution questions to be answered in coming quarters. Simply Good Foods Call Excerpt Offers No Insight
• Negative Sentiment: Revenue missed expectations ($326.0M reported vs. ~\$345M est.) and management lowered FY26 revenue guidance from a prior –2%–2% range to a –7%–10% decline — the primary catalyst for the sell‑off. Why Simply Good Foods Stock Just Had Its Worst Day in Years
• Negative Sentiment: Brand pressures: Quest bars are losing share to new competitors (including big CPG entrants) while Atkins faces secular disruption from GLP‑1 weight‑loss drugs — meaning recovery will likely take multiple quarters. Why Simply Good Foods Stock Just Had Its Worst Day in Years
• Negative Sentiment: Margin pressure from higher input costs (tariffs, cocoa) was cited as weighing on profitability and outlook. Why Simply Good Foods Stock Just Had Its Worst Day in Years
• Negative Sentiment: Analysts swiftly cut targets/ratings — Morgan Stanley to $14 (equal weight), TD Cowen to $13 (hold), Stephens reaffirmed equal weight and trimmed its target, Stifel lowered its target — reducing near‑term upside and investor confidence. Benzinga
• Negative Sentiment: Multiple law firms have launched investigations/claims notices (Bragar Eagel & Squire, BFA Law, Kirby McInerney), signaling potential litigation risk and added uncertainty for shareholders. SIMPLY GOOD FOODS ALERT: Bragar Eagel & Squire Investigation BFA Law Investigates Simply Good Foods Kirby McInerney Investor Alert

Simply Good Foods Company Profile

Simply Good Foods Co (NASDAQ: SMPL) is a North American consumer packaged foods company specializing in better-for-you nutrition products. The company’s portfolio centers on two well-established brands, Atkins and Quest, which offer a range of low-carbohydrate, high-protein bars, powders, shakes, and snacks. Simply Good Foods aims to support consumers’ health and wellness goals by delivering convenient, nutrient-dense options without added sugars or artificial sweeteners.

Under the Atkins brand, the company produces meal replacements, snack bars, and ready-to-drink shakes designed for low-carb dieters.