Simply Good Foods Co's fundamentals are relatively stable, with an industry-leading ESG disclosure.and its growth potential is high.Its valuation is considered fairly valued, ranking 33 out of 97 in the Food & Tobacco industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Buy, with the highest price target at 28.04.In the medium term, the stock price is expected to trend down.Despite a weak stock market performance over the past month, the company shows strong fundamentals and technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Media Coverage
The current financial score of Simply Good Foods Co is 6.59, ranking 59 out of 97 in the Food & Tobacco industry. Its financial status is weak, and its operating efficiency is average. Its latest quarterly revenue reached 340.20M, representing a year-over-year decrease of 0.31%, while its net profit experienced a year-over-year decrease of 33.72%.
Key Metrics
The current valuation score of Simply Good Foods Co is 5.70, ranking 82 out of 97 in the Food & Tobacco industry. Its current P/E ratio is 15.85, which is 103.69% below the recent high of 32.29 and 3.07% above the recent low of 15.37.
The current earnings forecast score of Simply Good Foods Co is 8.00, ranking 12 out of 97 in the Food & Tobacco industry. The average price target is 30.00, with a high of 45.00 and a low of 22.00.
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
The current price momentum score of Simply Good Foods Co is 6.78, ranking 50 out of 97 in the Food & Tobacco industry. Currently, the stock price is trading between the resistance level at 16.26 and the support level at 13.07, making it suitable for range-bound swing trading.
The Indicators feature provides value and direction analysis for various instruments under a selection of technical indicators, together with a technical summary.
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The current institutional shareholding score of Simply Good Foods Co is 10.00, ranking 1 out of 97 in the Food & Tobacco industry. The latest institutional shareholding proportion is 100.18%, representing a quarter-over-quarter increase of 3.33%. The largest institutional shareholder is The Vanguard, holding a total of 10.61M shares, representing 11.46% of shares outstanding, with 11.28% increase in holdings.
The U.S. Dollar Index is currently in a neutral state, which has a neutral effect on the Food & Tobacco domestic-focused industry. The Dollar Index (DXY) measures the value of the U.S. dollar against a basket of major currencies, including the euro, yen, pound sterling, Canadian dollar, Swedish krona, and Swiss franc. The current risk assessment score of Simply Good Foods Co is 6.38, ranking 42 out of 97 in the Food & Tobacco industry. The company's beta value is 0.31. This indicates that the stock tends to underperform the index during upward trending markets but experiences smaller declines during downward trending markets. Simply Good Foods Co’s latest ESG disclosure leads the Food & Tobacco industry, indicating outstanding, compliant performance across environmental management, social responsibility, and governance, which may help mitigate overall risk.
