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NASDAQ: SMPL
Simply Good Foods Co Stock Forecast, Predictions & Price Target

Analyst price target for SMPL

Based on 11 analysts offering 12 month price targets for Simply Good Foods Co.
Min Forecast
$34.00-5.53%
Avg Forecast
$42.18+17.2%
Max Forecast
$48.00+33.37%

Should I buy or sell SMPL stock?

Based on 11 analysts offering ratings for Simply Good Foods Co.
Strong Buy
Strong Buy
7 analysts 63.64%
Buy
2 analysts 18.18%
Hold
2 analysts 18.18%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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SMPL stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Morgan Stanley
Top 19%
82
HoldMaintains$34.00-5.53%2023-01-06
UBS
Top 38%
63
Strong BuyMaintains$42.00+16.70%2023-01-06
Credit Suisse
Bottom 2%
2
BuyMaintains$40.00+11.14%2023-01-06
Cowen & Co.
Bottom 14%
14
HoldInitiates Coverage On$42.00+16.70%2022-12-14
Needham
Top 3%
98
BuyInitiates Coverage On$42.00+16.70%2022-12-14
Deutsche Bank
Top 12%
89
Strong BuyMaintains$47.00+30.59%2022-12-06Find out why
Mizuho
Bottom 25%
25
Strong BuyMaintains$45.00+25.03%2022-10-24Find out why
Stifel Nicolaus
Top 18%
83
Strong BuyMaintains$40.00+11.14%2022-10-14
Stephens & Co.
Bottom 22%
22
Strong BuyMaintains$40.00+11.14%2022-10-12
Goldman Sachs
Bottom 28%
28
Strong BuyMaintains$44.00+22.26%2022-08-16

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Forecast return on equity

Is SMPL forecast to generate an efficient return?
Company
13.6%
Industry
30.44%
Market
59.76%
SMPL's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is SMPL forecast to generate an efficient return on assets?
Company
9.51%
Industry
8.23%
SMPL is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

SMPL earnings per share forecast

What is SMPL's earnings per share in the next 3 years based on estimates from 7 analysts?
Avg 1 year Forecast
$1.56+25.81%
Avg 2 year Forecast
$1.80+45.16%
Avg 3 year Forecast
$2.00+61.29%
SMPL's earnings are forecast to... subscribe to Premium to read more.
Forecast High Earnings Growth Forecast

SMPL revenue forecast

What is SMPL's revenue in the next 2 years based on estimates from 6 analysts?
Avg 1 year Forecast
$1.2B+3.48%
Avg 2 year Forecast
$1.3B+9.72%
SMPL's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

SMPL earnings growth forecast

How is SMPL forecast to perform vs Packaged Foods companies and vs the US market?
Company
20.06%
Industry
11.48%
Market
28.02%
SMPL's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
SMPL's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
SMPL's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

SMPL revenue growth forecast

How is SMPL forecast to perform vs Packaged Foods companies and vs the US market?
Company
4.75%
Industry
2.75%
Market
10.97%
SMPL's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
SMPL's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

SMPL vs Food Stocks

TickerPricePrice TargetUp/downsideConsensus
SMPL$35.99$42.18+17.20%Strong Buy
BRBR$27.40$32.75+19.53%Strong Buy
NOMD$17.42$24.14+38.59%Strong Buy
FRPT$64.26$83.00+29.16%Buy
TWNK$22.50$26.80+19.11%Buy

Simply Good Foods Co Stock Forecast FAQ

Is Simply Good Foods Co Stock a good buy in 2023, according to Wall Street analysts?

The consensus among 11 Wall Street analysts covering (NASDAQ: SMPL) stock is to Strong Buy SMPL stock.

Out of 11 analysts, 7 (63.64%) are recommending SMPL as a Strong Buy, 2 (18.18%) are recommending SMPL as a Buy, 2 (18.18%) are recommending SMPL as a Hold, 0 (0%) are recommending SMPL as a Sell, and 0 (0%) are recommending SMPL as a Strong Sell.

If you're new to stock investing, here's how to buy Simply Good Foods Co stock.

What is SMPL's earnings growth forecast for 2023-2025?

(NASDAQ: SMPL) Simply Good Foods Co's forecast annual earnings growth rate of 20.06% is forecast to beat the US Packaged Foods industry's average forecast earnings growth rate of 11.48%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 28.02%.

Simply Good Foods Co's earnings in 2023 is $123,282,000.On average, 7 Wall Street analysts forecast SMPL's earnings for 2023 to be $155,206,517, with the lowest SMPL earnings forecast at $143,267,554, and the highest SMPL earnings forecast at $165,155,653. On average, 2 Wall Street analysts forecast SMPL's earnings for 2024 to be $179,084,443, with the lowest SMPL earnings forecast at $173,114,961, and the highest SMPL earnings forecast at $184,059,010.

In 2025, SMPL is forecast to generate $198,982,714 in earnings, with the lowest earnings forecast at $198,982,714 and the highest earnings forecast at $198,982,714.

What is SMPL's revenue growth forecast for 2023-2024?

(NASDAQ: SMPL) Simply Good Foods Co's forecast annual revenue growth rate of 4.75% is forecast to beat the US Packaged Foods industry's average forecast revenue growth rate of 2.75%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 10.97%.

Simply Good Foods Co's revenue in 2023 is $1,188,291,000.On average, 6 Wall Street analysts forecast SMPL's revenue for 2023 to be $122,335,666,972, with the lowest SMPL revenue forecast at $120,046,271,356, and the highest SMPL revenue forecast at $125,330,257,326.

In 2024, SMPL is forecast to generate $129,711,458,723 in revenue, with the lowest revenue forecast at $126,354,023,390 and the highest revenue forecast at $134,132,257,680.

What is SMPL's forecast return on assets (ROA) for 2023-2025?

(NASDAQ: SMPL) forecast ROA is 9.51%, which is higher than the forecast US Packaged Foods industry average of 8.23%.

What is SMPL's Price Target?

According to 11 Wall Street analysts that have issued a 1 year SMPL price target, the average SMPL price target is $42.18, with the highest SMPL stock price forecast at $48.00 and the lowest SMPL stock price forecast at $34.00.

On average, Wall Street analysts predict that Simply Good Foods Co's share price could reach $42.18 by Jan 6, 2024. The average Simply Good Foods Co stock price prediction forecasts a potential upside of 17.2% from the current SMPL share price of $35.99.

What is SMPL's Earnings Per Share (EPS) forecast for 2023-2025?

(NASDAQ: SMPL) Simply Good Foods Co's current Earnings Per Share (EPS) is $1.24. On average, analysts forecast that SMPL's EPS will be $1.56 for 2023, with the lowest EPS forecast at $1.44, and the highest EPS forecast at $1.66. On average, analysts forecast that SMPL's EPS will be $1.80 for 2024, with the lowest EPS forecast at $1.74, and the highest EPS forecast at $1.85. In 2025, SMPL's EPS is forecast to hit $2.00 (min: $2.00, max: $2.00).

What is SMPL's forecast return on equity (ROE) for 2023-2025?

(NASDAQ: SMPL) forecast ROE is 13.6%, which is considered weak.
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