With 1.58 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.91 million shares. During the session, the Packaged Foods company that operates in wider Consumer Defensive sector, reached to the highest price of $39.26 whereas the lowest price it dropped to was $38.4524. The 52-week range on SMPL shows that it touched its highest point at $43.00 and its lowest point at $30.00 during that stretch. It currently has a 1-year price target of $38.90. Beta for the stock currently stands at 0.65.
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Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of SMPL was up-trending over the past week, with a rise of 4.80%, but this was up by 21.27% over a month. Three-month performance surged to 22.37% while six-month performance rose 5.36%. The stock lost -0.33% in the past year, while it has lost -1.24% so far this year. A look at the trailing 12-month EPS for SMPL yields 1.38 with Next year EPS estimates of 2.13. For the next quarter, that number is 0.47. This implies an EPS growth rate of 4.66% for this year and 11.32% for next year.
Float and Shares Shorts:
At present, 100.15 million SMPL shares are outstanding with a float of 91.53 million shares on hand for trading. On 2024-10-31, short shares totaled 4.13 million, which was 411.99997 higher than short shares on 1727654400. In addition to Mr. Geoff E. Tanner as the firm’s CEO, President & Director, Mr. Joseph E. Scalzo serves as its Executive Vice Chair.
Institutional Ownership:
Through their ownership of 0.92714 of SMPL’s outstanding shares, institutional investors have minority control over the company.
An Overview of Recent Financials:
Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-08-31, SMPL reported revenue of $375687000.0 and operating income of $59641000.0. The EBITDA in the recently reported quarter was $68801000.0 and diluted EPS was $nan.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for SMPL since 10 analysts follow the stock currently. There are 8 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 2 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With SMPL analysts setting a high price target of 44.0 and a low target of 33.0, the average target price over the next 12 months is 38.9. Based on these targets, SMPL could surge 12.5% to reach the target high and fall by -15.62% to reach the target low. Reaching the average price target will result in a decline of -0.54% from current levels.
Analysts have provided yearly estimates in a range of $1.84529 being high and $1.81504 being low. For SMPL, this leads to a yearly average estimate of $1.82512. The surprise factor in the prior quarter was $0.48. Based on analyst estimates, the high estimate for the next quarter is $0.44 and the low estimate is $0.39. The average estimate for the next quarter is thus $0.42.
