Simply Good FoodsSMPL
Market Cap: $3.27B
About: The Simply Good Foods Co is a consumer packaged food and beverage company. It provides low-carbohydrate, high protein bars, shakes, and other products such as confections, chips, and cookies under the Atkins and Quest brands. The company distributes its products in retail channels, predominantly in North America, including grocery, club, and mass merchandise, as well as through e-commerce, convenience, and other channels.
Employees: 271
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
69% more call options, than puts
Call options by funds: $12.4M | Put options by funds: $7.3M
8% more capital invested
Capital invested by funds: $2.98B [Q1] → $3.22B (+$234M) [Q2]
1.25% more ownership
Funds ownership: 87.83% [Q1] → 89.08% (+1.25%) [Q2]
5% less funds holding
Funds holding: 284 [Q1] → 271 (-13) [Q2]
13% less repeat investments, than reductions
Existing positions increased: 93 | Existing positions reduced: 107
23% less first-time investments, than exits
New positions opened: 43 | Existing positions closed: 56
Research analyst outlook
4 Wall Street Analysts provided 1 year price targets over the past 3 months
4 analyst ratings
DA Davidson Brian Holland 81% 1-year accuracy 13 / 16 met price target | 16%upside $38 | Neutral Maintained | 1 Jul 2024 |
Needham Matt McGinley 28% 1-year accuracy 8 / 29 met price target | 26%upside $41 | Buy Reiterated | 28 Jun 2024 |
Deutsche Bank Steve Powers 93% 1-year accuracy 13 / 14 met price target | 13%upside $37 | Hold Maintained | 14 Jun 2024 |
Stifel Matthew Smith 61% 1-year accuracy 20 / 33 met price target | 22%upside $40 | Buy Maintained | 14 Jun 2024 |