New insider activity at Simply Good Foods ( (SMPL) ) has taken place on April 12, 2025.
Stuart E. Jr. Heflin, the Senior Vice President and General Manager of Quest, has recently sold 5,000 shares of Simply Good Foods stock. This transaction amounted to a total of $186,250.
Recent Updates on SMPL stock
Simply Good Foods has experienced positive stock movements following its strong Q2 earnings report, which showed significant increases in net sales and net income, driven by the acquisition of OWYN and organic growth from the Quest brand. DA Davidson raised its price target for Simply Good Foods due to the company’s positive margin implications from reducing its Atkins mix and the strong growth of 70% of its portfolio. Morgan Stanley also increased its price target, citing a strong EBITDA beat and gross margin upside, although it noted low visibility on Atkins stabilization. The company’s strategic focus on brand expansion and innovation, along with effective debt management, has further bolstered its financial health and market position.
Spark’s Take on SMPL Stock
According to Spark, TipRanks’ AI Analyst, SMPL is a Outperform.
Simply Good Foods shows a robust financial performance with strong revenue and profit growth, a solid balance sheet, and effective cash flow management. The positive earnings call reinforces confidence in future growth, although challenges with the Atkins brand and input cost inflation present risks. The stock’s technical indicators suggest moderate upward momentum, while its P/E ratio indicates a fair valuation.
To see Spark’s full report on SMPL stock, click here.
More about Simply Good Foods
YTD Price Performance: -7.02%
Average Trading Volume: 1,005,628
Technical Sentiment Signal: Strong Sell
Current Market Cap: $3.66B