As the world becomes increasingly uncertain, The Simply Good Foods Company (SMPL) offers stability

In the latest session, The Simply Good Foods Company (NASDAQ: SMPL) closed at $37.42 up 1.82% from its previous closing price of $36.75. In other words, the price has increased by $+0.67 from its previous closing price. On the day, 643744 shares were traded. SMPL stock price reached its highest trading level at $37.60 during the session, while it also had its lowest trading level at $36.24.

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For a deeper understanding of The Simply Good Foods Company’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 60.06 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 29.09. For the most recent quarter (mrq), Quick Ratio is recorded 3.10 and its Current Ratio is at 4.50. In the meantime, Its Debt-to-Equity ratio is 0.24 whereas as Long-Term Debt/Eq ratio is at 0.24.

Upgrades & Downgrades

Insider Transactions:

Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on May 15 when Ratzan Brian K. sold 15,133 shares for $40.00 per share. The transaction valued at 605,320 led to the insider holds 2,672,557 shares of the business.

Matthews Timothy Allen sold 16,800 shares of SMPL for $662,360 on May 11. The VP, Controller and CAO now owns 18,039 shares after completing the transaction at $39.43 per share. On May 11, another insider, KRAFT TIMOTHY RICHARD, who serves as the Chief Legal Officer, Secretary of the company, sold 10,656 shares for $39.61 each. As a result, the insider received 422,046 and left with 28,966 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, SMPL now has a Market Capitalization of 3.59B and an Enterprise Value of 3.94B. As of this moment, The’s Price-to-Earnings (P/E) ratio for their current fiscal year is 29.10, and their Forward P/E ratio for the next fiscal year is 20.98. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.91. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.19 while its Price-to-Book (P/B) ratio in mrq is 2.50. Its current Enterprise Value per Revenue stands at 3.31 whereas that against EBITDA is 17.93.

Stock Price History:

Over the past 52 weeks, SMPL has reached a high of $41.91, while it has fallen to a 52-week low of $29.21. The 50-Day Moving Average of the stock is 37.52, while the 200-Day Moving Average is calculated to be 35.94.

Shares Statistics:

For the past three months, SMPL has traded an average of 582.31K shares per day and 579.07k over the past ten days. A total of 99.50M shares are outstanding, with a floating share count of 89.73M. Insiders hold about 1.80% of the company’s shares, while institutions hold 86.30% stake in the company. Shares short for SMPL as of Apr 27, 2023 were 2.36M with a Short Ratio of 2.36M, compared to 3.63M on Mar 30, 2023. Therefore, it implies a Short% of Shares Outstanding of 2.37% and a Short% of Float of 3.07%.

Earnings Estimates

There are Smart for Life, Inc. different market analysts currently analyzing its stock. The consensus estimate for the next quarter is $9.37, with high estimates of $15.00 and low estimates of $19.57.

Analysts are recommending an EPS of between $Energy and $Communication Services for the fiscal current year, implying an average EPS of $Technology. EPS for the following year is $Stocks, with Stocks analysts recommending between $Stocks and $Stocks.