NASDAQ:SMPL - The Simply Good Foods Stock Price Target and Predictions

Target and Analyst Ratings
Price Target History
Upgrades and Downgrades
About
FAQ

Consensus Rating: Buy
Consensus Price Target: $32.46
Forecasted Upside: -10.18 %
Number of Analysts: 11
Breakdown:
0 Sell Ratings
6 Hold Ratings
4 Buy Ratings
1 Strong Buy Ratings

^$36.14 As of 06/24/2021 05:30 PM ET

▲ +0.03 (0.08%)

1 month | 3 months | 12 months

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Analyst Price Target for SMPL

^$32.46

▼ -10.18% Downside Potential

This price target is based on 11 analysts offering 12 month price targets for The Simply Good Foods in the last 3 months. The average price target is $32.46, with a high forecast of $38.00 and a low forecast of $26.00. The average price target represents a -10.18% upside from the last price of $36.14.

Current Consensus is Buy

The current consensus among 11 polled investment analysts is to buy stock in The Simply Good Foods. This Buy consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details Read Past Recommendations Description Skip Past Price Target Consensus Chart

1 strong buy ratings
4 buy ratings
3 hold ratings
0 sell ratings

Ratings as of

1/1/2020

1 strong buy ratings
4 buy ratings
3 hold ratings
0 sell ratings

Ratings as of

3/31/2020

1 strong buy ratings
6 buy ratings
3 hold ratings
0 sell ratings

Ratings as of

6/29/2020

1 strong buy ratings
5 buy ratings
3 hold ratings
0 sell ratings

Ratings as of

9/27/2020

1 strong buy ratings
4 buy ratings
3 hold ratings
0 sell ratings

Ratings as of

12/26/2020

1 strong buy ratings
5 buy ratings
5 hold ratings
0 sell ratings

Ratings as of

3/26/2021

1 strong buy ratings
5 buy ratings
6 hold ratings
0 sell ratings

Ratings as of

5/25/2021

1 strong buy ratings
5 buy ratings
6 hold ratings
0 sell ratings

Ratings as of

6/24/2021

Latest Recommendations

Show Most Recent Rating from Each Ratings Firm Show All Ratings

Date	Brokerage	Action	Rating	Price Target	Impact on Share Price
6/22/2021	Deutsche Bank Aktiengesellschaft	Boost Price Target	Buy	$35.00 ➝ $38.00	Low
6/9/2021	Deutsche Bank Aktiengesellschaft	Reiterated Rating	Buy		Low
5/24/2021	Morgan Stanley	Reiterated Rating	Overweight ➝ Equal Weight	$25.00 ➝ $33.00	N/A
5/18/2021	Morgan Stanley	Downgrade	Overweight ➝ Equal Weight	$25.00 ➝ $33.00	High
4/6/2021	Credit Suisse Group	Initiated Coverage	Neutral	$31.00	Low
3/25/2021	Jefferies Financial Group	Reiterated Rating	Buy ➝ Hold	$36.00	High
3/19/2021	Jefferies Financial Group	Downgrade	Buy ➝ Hold	$36.00	Low
2/3/2021	DA Davidson	Downgrade	Buy ➝ Neutral	$25.00 ➝ $33.00	Medium
1/19/2021	Stephens	Initiated Coverage	Equal Weight	$29.00	Low
1/7/2021	Citigroup Inc. 3% Minimum Coupon Principal Protected Based Upon Russell	Boost Price Target		$29.00 ➝ $35.00	N/A
1/7/2021	Wells Fargo & Company	Boost Price Target	Overweight	$30.00 ➝ $35.00	N/A
1/7/2021	Smith Barney Citigroup	Boost Price Target		$29.00 ➝ $35.00	N/A
1/7/2021	Deutsche Bank Aktiengesellschaft	Boost Price Target	Buy	$27.00 ➝ $34.00	N/A
1/7/2021	Stifel Nicolaus	Downgrade	Buy ➝ Hold	$26.00 ➝ $30.00	N/A
1/7/2021	Jefferies Financial Group	Initiated Coverage	Buy	$36.00	N/A
12/24/2020	The Goldman Sachs Group	Boost Price Target	Conviction-Buy	$29.00 ➝ $34.00	N/A
12/2/2020	Morgan Stanley	Boost Price Target	Overweight	$24.00 ➝ $25.00	Low
11/18/2020	Citigroup Inc. 3% Minimum Coupon Principal Protected Based Upon Russell	Boost Price Target		$26.00 ➝ $29.00	Medium
11/18/2020	Smith Barney Citigroup	Boost Price Target		$26.00 ➝ $29.00	Medium
10/29/2020	Morgan Stanley	Lower Price Target	Overweight	$26.00 ➝ $24.00	High
9/22/2020	Morgan Stanley	Initiated Coverage	Overweight	$26.00	High
8/4/2020	Jefferies Financial Group	Reiterated Rating	Buy	$27.00	Medium
7/28/2020	Seaport Global Securities	Initiated Coverage	Buy	$27.00	Low
7/9/2020	Wells Fargo & Company	Lower Price Target	Overweight	$35.00 ➝ $30.00	Medium
7/9/2020	Jefferies Financial Group	Boost Price Target	Buy	$22.00 ➝ $27.00	High
7/9/2020	DA Davidson	Boost Price Target	Positive ➝ Buy	$24.00 ➝ $27.00	High
7/9/2020	Citigroup	Boost Price Target	Buy	$22.00 ➝ $26.00	High
6/24/2020	William Blair	Initiated Coverage	Outperform		Medium
6/23/2020	DA Davidson	Lower Price Target	Buy	$26.00 ➝ $24.00	High
5/21/2020	Citigroup	Initiated Coverage	Buy	$22.00	Low
4/7/2020	Deutsche Bank Aktiengesellschaft	Lower Price Target		$30.00 ➝ $24.00	High
4/6/2020	Jefferies Financial Group	Reiterated Rating	Buy	$23.00	High
3/6/2020	DA Davidson	Lower Price Target	Buy	$33.00 ➝ $28.00	High
2/10/2020	The Goldman Sachs Group	Reiterated Rating	Buy	$34.00	High
2/9/2020	The Goldman Sachs Group	Upgrade	Buy ➝ Conviction-Buy		High
1/22/2020	Jefferies Financial Group	Initiated Coverage	Buy	$30.00	Low
12/11/2019	Deutsche Bank Aktiengesellschaft	Initiated Coverage	Buy	$32.00	Medium
11/11/2019	The Goldman Sachs Group	Reiterated Rating	Buy	$32.00	Medium
9/9/2019	Wells Fargo & Company	Initiated Coverage	Outperform	$35.00	Medium
8/22/2019	DA Davidson	Boost Price Target	Buy	$33.00	High
8/12/2019	Sanford C. Bernstein	Initiated Coverage	Outperform ➝ Outperform		High
7/4/2019	Deutsche Bank Aktiengesellschaft	Boost Price Target	Buy	$25.00 ➝ $28.00	High
7/3/2019	Buckingham Research	Boost Price Target	Buy	$25.00 ➝ $29.00	Low
7/3/2019	SunTrust Banks	Reiterated Rating	Hold	$25.00	High
6/19/2019	DA Davidson	Initiated Coverage	Buy ➝ Buy	$27.00	High
4/9/2019	SunTrust Banks	Downgrade	Buy ➝ Hold	$25.00 ➝ $23.00	Medium
4/5/2019	Buckingham Research	Boost Price Target	Buy ➝ Buy	$23.00 ➝ $25.00	Medium
1/4/2019	Stifel Nicolaus	Boost Price Target	Buy ➝ Buy	$20.00 ➝ $22.00	Low
11/19/2018	CL King	Initiated Coverage	Buy ➝ Buy		High
10/17/2018	Buckingham Research	Initiated Coverage	Buy	$22.00	Low
7/11/2018	Stifel Nicolaus	Boost Price Target	Buy ➝ Buy	$16.00 ➝ $18.00	Medium
7/11/2018	SunTrust Banks	Boost Price Target	Buy	$20.00	Medium
7/2/2018	Consumer Edge	Initiated Coverage	Outperform		High
4/11/2018	Deutsche Bank Aktiengesellschaft	Lower Price Target	Buy ➝ Buy	$16.00 ➝ $15.00	Low
2/1/2018	SunTrust Banks	Initiated Coverage	Buy ➝ Buy	$17.00	High
1/22/2018	Stifel Nicolaus	Initiated Coverage	Buy ➝ Buy	$16.00	Medium
11/16/2017	Berenberg Bank	Initiated Coverage	Buy ➝ Buy	$15.00	N/A
10/4/2017	The Goldman Sachs Group	Initiated Coverage	Buy ➝ Buy	$16.00	Low

(Data available from 6/24/2016 forward)

The Simply Good Foods Company operates as a consumer packaged food and beverage company in North America and internationally. The company develops, markets, and sells snacks and meal replacements. It offers primarily nutrition bars, ready-to-drink (RTD) shakes, sweet and salty snacks, protein bars, cookies, pizza, protein chips, recipes, and confectionery products, as well as licensed frozen meals under the Atkins, Atkins Endulge, and Quest brand names. The company distributes its products to various retail channels, such as mass merchandise, grocery and drug channels, club stores, convenience stores, gas stations, and other channels. It also sells its products through e-commerce channels, including atkins.com, questnutrition.com, and amazon.com. The Simply Good Foods Company is headquartered in Denver, Colorado.

Today's Range

Now: $36.14

$35.52

$36.40

50 Day Range

MA: $34.42

$31.69

$36.39

52 Week Range

Now: $36.14

$17.21

$37.83

Volume

537,487 shs

Average Volume

632,497 shs

Market Capitalization

$3.46 billion

P/E Ratio

50.90

Dividend Yield

N/A

Beta

1.02

Frequently Asked Questions

What sell-side analysts currently cover shares of The Simply Good Foods?

The following Wall Street sell-side analysts have issued stock ratings on The Simply Good Foods in the last year: Citigroup Inc., Citigroup Inc. 3% Minimum Coupon Principal Protected Based Upon Russell, Credit Suisse Group AG, DA Davidson, Deutsche Bank Aktiengesellschaft, Jefferies Financial Group Inc., Morgan Stanley, Seaport Global Securities, Smith Barney Citigroup, Stephens, Stifel Nicolaus, The Goldman Sachs Group, Inc., TheStreet, Wells Fargo & Company, William Blair, and Zacks Investment Research.
View the latest analyst ratings for SMPL.

What is the current price target for The Simply Good Foods?

13 Wall Street analysts have set twelve-month price targets for The Simply Good Foods in the last year. Their average twelve-month price target is $32.46, suggesting a possible downside of 10.2%. Deutsche Bank Aktiengesellschaft has the highest price target set, predicting SMPL will reach $38.00 in the next twelve months. Citigroup Inc. has the lowest price target set, forecasting a price of $26.00 for The Simply Good Foods in the next year.
View the latest price targets for SMPL.

What is the current consensus analyst rating for The Simply Good Foods?

The Simply Good Foods currently has 6 hold ratings, 4 buy ratings and 1 strong buy rating from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe SMPL will outperform the market and that investors should add to their positions of The Simply Good Foods.
View the latest ratings for SMPL.

What other companies compete with The Simply Good Foods?

Other companies that are similar to The Simply Good Foods include People's United Financial, TFS Financial, New York Community Bancorp, MGIC Investment, Radian Group, Walker & Dunlop, LendingTree, Washington Federal, WSFS Financial, Provident Financial Services, Northwest Bancshares, Capitol Federal Financial, Berkshire Hills Bancorp, OceanFirst Financial and Brookline Bancorp.

How do I contact The Simply Good Foods' investor relations team?

The Simply Good Foods' physical mailing address is 1225 17th Street Suite 1000, Denver CO, 80202. The financial services provider's listed phone number is 303-633-2840 and its investor relations email address is [email protected] The official website for The Simply Good Foods is www.thesimplygoodfoodscompany.com.