Simply Good Foods (NASDAQ:SMPL – Get Free Report) announced its quarterly earnings data on Thursday. The financial services provider reported $0.50 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.48 by $0.02, Briefing.com reports. The company had revenue of $334.80 million during the quarter, compared to analysts’ expectations of $337.66 million. Simply Good Foods had a net margin of 11.49% and a return on equity of 10.28%. The business’s quarterly revenue was up 3.1% compared to the same quarter last year. During the same period in the previous year, the company earned $0.40 EPS. Simply Good Foods updated its FY 2024 guidance to EPS.
Simply Good Foods Stock Up 1.2 %
Simply Good Foods stock traded up $0.44 during midday trading on Friday, hitting $36.13. 1,687,447 shares of the stock were exchanged, compared to its average volume of 695,687. The company has a debt-to-equity ratio of 0.14, a current ratio of 5.19 and a quick ratio of 3.09. The company has a 50 day moving average price of $36.71 and a two-hundred day moving average price of $36.61. The firm has a market cap of $3.61 billion, a P/E ratio of 24.92, a P/E/G ratio of 2.12 and a beta of 0.65. Simply Good Foods has a 1 year low of $30.00 and a 1 year high of $43.00.
Insider Activity
In other Simply Good Foods news, Director James D. White sold 4,000 shares of Simply Good Foods stock in a transaction that occurred on Friday, May 10th. The stock was sold at an average price of $38.17, for a total transaction of $152,680.00. Following the sale, the director now directly owns 17,027 shares in the company, valued at approximately $649,920.59. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 10.98% of the company’s stock.
Analyst Upgrades and Downgrades
View Our Latest Analysis on Simply Good Foods
Simply Good Foods Company Profile
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.
Featured Stories
- Five stocks we like better than Simply Good Foods
- Overbought Stocks Explained: Should You Trade Them?
- Upwork Stock’s Outlook: Numbers Solid Despite Gen-AI Challenges
- EV Stocks and How to Profit from Them
- What’s Behind Walgreens Stock Plunge: What Investors Can Do Next
- What is the Euro STOXX 50 Index?
- MarketBeat Week in Review – 6/24 – 6/28
Receive News & Ratings for Simply Good Foods Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Simply Good Foods and related companies with MarketBeat.com's FREE daily email newsletter.