<div id="readability-page-1"><p>The Simply Good Foods Company (NASDAQ:SMPL - Get Free Report) shot up 4.9% on Wednesday . The stock traded as high as $20.09 and last traded at $20.04. 588,812 shares changed hands during trading, a decline of 54% from the average session volume of 1,290,219 shares. The stock had previously closed at $19.11.</p><div><p><span></span><span>Get <strong>Simply Good Foods</strong> alerts:</span></p></div><h2>Analysts Set New Price Targets</h2><ul><li>Can Simply Good Foods ride the GLP-1 weight loss trend in 2024?</li></ul><p>A number of brokerages recently weighed in on SMPL. Deutsche Bank Aktiengesellschaft  restated a &#34;hold&#34; rating and set a $22.00 price objective on shares of Simply Good Foods in a research report on Monday. Weiss Ratings cut Simply Good Foods from a &#34;hold (c-)&#34; rating to a &#34;sell (d+)&#34; rating in a report on Saturday, October 25th. Stifel Nicolaus  set a $32.00 price objective on shares of Simply Good Foods in a report on Friday, October 24th. Jefferies Financial Group cut their target price on shares of Simply Good Foods from $32.00 to $27.00 and set a &#34;hold&#34; rating on the stock in a research report on Wednesday, October 22nd. Finally, Mizuho decreased their price target on shares of Simply Good Foods from $43.00 to $35.00 and set an &#34;outperform&#34; rating for the company in a research report on Wednesday, November 12th. Four research analysts have rated the stock with a Buy rating, five have issued  a Hold rating and two have issued  a Sell rating to the company's stock. According to data from MarketBeat, Simply Good Foods  has a consensus rating of &#34;Hold&#34; and a consensus target price of $31.78.</p><p><b>Check Out Our Latest Stock Report on Simply Good Foods</b></p><h2>Simply Good Foods Stock Performance</h2><ul><li>MarketBeat Week in Review – 12/4 - 12/8</li></ul><p>The company has a quick ratio of 2.30, a current ratio of 3.64 and a debt-to-equity ratio of 0.14. The company has a market cap of $2.01 billion, a P/E ratio of 19.70, a price-to-earnings-growth ratio of 3.34 and a beta of 0.37. The company's 50-day moving average is $20.64 and its two-hundred day moving average is $26.73. </p><p>Simply Good Foods (NASDAQ:SMPL - Get Free Report) last issued its earnings results on Thursday, October 23rd. The financial services provider reported $0.46 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.48 by ($0.02). The firm had revenue of $369.04 million during the quarter, compared to the consensus estimate of $369.07 million. Simply Good Foods had a net margin of 7.14% and a return on equity of 10.06%. The business's quarterly revenue was down 1.8% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.50 earnings per share.  Equities analysts predict that  The Simply Good Foods Company will post 1.78 EPS for the current year. </p><h2>Insider Activity at Simply Good Foods</h2><ul><li>Simply Good Foods: Winner in the Ozempic Weight-Loss Trend</li></ul><p>In other news, CFO Christopher J. Bealer acquired 9,946 shares of the firm's stock in a transaction that occurred on Thursday, November 6th. The shares were bought at an average cost of $20.01 per share, with a total value of $199,019.46. Following the acquisition, the chief financial officer owned 32,966 shares in the company, valued at approximately $659,649.66. This represents a 43.21% increase in their position. The acquisition was disclosed in a document filed with the Securities &amp; Exchange Commission, which is available through the SEC website. Also, insider Michael L. Clawson purchased 5,000 shares of the stock in a transaction on Monday, November 17th. The stock was acquired at an average cost of $20.00 per share, with a total value of $100,000.00. Following the completion of the purchase, the insider directly owned 37,620 shares of the company's stock, valued at $752,400. The trade was a 15.33% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. 9.35% of the stock is owned by corporate insiders. </p><h2>Institutional Investors Weigh In On Simply Good Foods</h2><p>Several hedge funds and other institutional investors have recently added to or reduced their stakes in SMPL. Y Intercept Hong Kong Ltd purchased a new stake in shares of  Simply Good Foods in the second quarter valued at approximately $612,000.  Econ Financial Services Corp purchased a new position in  Simply Good Foods during the 2nd quarter valued at about $830,000.  Intech Investment Management LLC grew its position in shares of  Simply Good Foods by 43.5% in the first quarter. Intech Investment Management LLC now owns 62,005 shares of the financial services provider's stock valued at $2,139,000 after purchasing an additional 18,801 shares during the last quarter.  Thornburg Investment Management Inc. purchased a new position in shares of  Simply Good Foods during the 2nd quarter worth approximately $8,238,000.  Finally, Voya Investment Management LLC lifted its position in shares of  Simply Good Foods by 33.2% in the first quarter. Voya Investment Management LLC now owns 79,703 shares of the financial services provider's stock valued at $2,749,000 after acquiring an additional 19,887 shares in the last quarter. 88.45% of the stock is owned by hedge funds and other institutional investors. </p><h2>About Simply Good Foods</h2> (Get Free Report)<p>The Simply Good Foods Company operates as a consumer-packaged food and beverage company in North America and internationally. The company develops, markets, and sells snacks and meal replacements. It offers protein bars, ready-to-drink shakes, sweet and salty snacks, cookies, protein chips, and recipes under the Atkins and Quest brand names.</p><h2>Recommended Stories</h2><ul><li>Five stocks we like better than Simply Good Foods</li><li>Overbought Stocks Explained: Should You Trade Them?</li><li>How These 2 Stocks Won 2025's AI Race—And What's In Store for 2026</li><li>Unveiling The Power Of VWAP: A Key Indicator For Traders</li><li>Intel Snaps Up AI Tech for Pennies on the Dollar</li><li>How to Profit From Growth Investing </li><li>4 Quantum Stocks to Watch as the Next Computing Revolution Unfolds</li></ul><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Simply Good Foods Right Now?</h2><p>Before you consider Simply Good Foods, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Simply Good Foods wasn't on the list.</p><p>While Simply Good Foods currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

SMPL

<p>Simply Good Foods (NASDAQ:SMPL) saw a 4.9% increase in stock price, trading at $20.04. Analysts have mixed ratings, with a consensus "Hold" and a target price of $31.78. Recent insider purchases indicate confidence, while institutional investors adjust their stakes. The company reported lower-than-expected earnings and revenue, with a net margin of 7.14% and return on equity of 10.06%. The stock's performance is influenced by the GLP-1 weight loss trend.</p>

Simply Good Foods (NASDAQ:SMPL) Trading 4.9% Higher - Should You Buy?