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

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Analyst price target for SMPL

Based on 8 analysts offering 12 month price targets for Simply Good Foods Co.
Min Forecast
$39.00+21.91%
Avg Forecast
$44.38+38.72%
Max Forecast
$48.00+50.05%

Should I buy or sell SMPL stock?

Based on 8 analysts offering ratings for Simply Good Foods Co.
Strong Buy
Strong Buy
6 analysts 75%
Buy
1 analysts 12.5%
Hold
1 analysts 12.5%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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SMPL stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Goldman Sachs
Bottom 30%
30
Strong BuyMaintains$44.00+37.54%2022-08-16
Morgan Stanley
Bottom 32%
32
HoldMaintains$39.00+21.91%2022-07-01
Stephens & Co.
Bottom 15%
15
Strong BuyUpgrades$45.00+40.67%2022-06-27
Anonymous
Morgan Stanley
HoldMaintains$41.00+28.17%2022-04-07
Mizuho
Bottom 13%
13
Strong BuyMaintains$48.00+50.05%2022-04-07
Citigroup
Bottom 4%
4
Strong BuyMaintains$48.00+50.05%2022-04-07
UBS
Bottom 26%
26
Strong BuyInitiates Coverage On$44.00+37.54%2022-03-30
Credit Suisse
Bottom 1%
1
BuyUpgrades$45.00+40.67%2022-01-06
Stifel Nicolaus
Top 24%
77
Strong BuyUpgrades$42.00+31.29%2021-10-25

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Forecast return on equity

Is SMPL forecast to generate an efficient return?
Company
13.97%
Industry
35.25%
Market
121.74%
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
9.49%
Industry
8.5%
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+57.58%
Avg 2 year Forecast
$1.80+81.82%
Avg 3 year Forecast
$2.00+102.02%
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+6.52%
Avg 2 year Forecast
$1.3B+12.94%
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
27.25%
Industry
12.3%
Market
16.88%
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
6.08%
Industry
4.24%
Market
8.59%
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$31.99$44.38+38.72%Strong Buy
TWNK$23.24$25.50+9.72%Strong Buy
BRBR$20.61$32.71+58.73%Strong Buy
JJSF$129.47$171.00+32.08%Strong Buy
NOMD$14.20$26.86+89.13%Strong Buy

Simply Good Foods Co Stock Forecast FAQ

Is Simply Good Foods Co Stock a good buy in 2022, according to Wall Street analysts?

The consensus among 8 Wall Street analysts covering (NASDAQ: SMPL) stock is to Strong Buy SMPL stock.

Out of 8 analysts, 6 (75%) are recommending SMPL as a Strong Buy, 1 (12.5%) are recommending SMPL as a Buy, 1 (12.5%) 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 27.25% is forecast to beat the US Packaged Foods industry's average forecast earnings growth rate of 12.3%, and and it is also forecast to beat the US market's average forecast earnings growth rate of 16.88%.

Simply Good Foods Co's earnings in 2022 is $96,693,000.On average, 7 Wall Street analysts forecast SMPL's earnings for 2023 to be $156,578,272, with the lowest SMPL earnings forecast at $144,533,789, and the highest SMPL earnings forecast at $166,615,340. On average, 2 Wall Street analysts forecast SMPL's earnings for 2024 to be $180,667,237, with the lowest SMPL earnings forecast at $174,644,995, and the highest SMPL earnings forecast at $185,685,771.

In 2025, SMPL is forecast to generate $200,741,374 in earnings, with the lowest earnings forecast at $200,741,374 and the highest earnings forecast at $200,741,374.

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

(NASDAQ: SMPL) Simply Good Foods Co's forecast annual revenue growth rate of 6.08% is forecast to beat the US Packaged Foods industry's average forecast revenue growth rate of 4.24%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 8.59%.

Simply Good Foods Co's revenue in 2022 is $1,154,367,000.On average, 6 Wall Street analysts forecast SMPL's revenue for 2023 to be $123,416,900,813, with the lowest SMPL revenue forecast at $121,107,270,934, and the highest SMPL revenue forecast at $126,437,958,121.

In 2024, SMPL is forecast to generate $130,857,881,694 in revenue, with the lowest revenue forecast at $127,470,772,490 and the highest revenue forecast at $135,317,752,800.

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

(NASDAQ: SMPL) forecast ROA is 9.49%, which is higher than the forecast US Packaged Foods industry average of 8.5%.

What is SMPL's Price Target?

According to 8 Wall Street analysts that have issued a 1 year SMPL price target, the average SMPL price target is $44.38, with the highest SMPL stock price forecast at $48.00 and the lowest SMPL stock price forecast at $39.00.

On average, Wall Street analysts predict that Simply Good Foods Co's share price could reach $44.38 by Aug 16, 2023. The average Simply Good Foods Co stock price prediction forecasts a potential upside of 38.72% from the current SMPL share price of $31.99.

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 $0.99. 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 13.97%, which is considered weak.
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