Simply Good Foods Stock Analysis

Simply Stock Analysis Notes

About 91.0% of the company shares are owned by institutional investors. The company has price-to-book ratio of 0.93. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Simply Good Foods has Price/Earnings To Growth (PEG) ratio of 1.76. The entity last dividend was issued on the 20th of February 2015. The firm had 26:16 split on the November 19, 2010. The Simply Good Foods Company operates as a consumer-packaged food and beverage company in North America and internationally. The Simply Good Foods Company was incorporated in 2017 and is headquartered in Denver, Colorado. Simply Good operates under Packaged Foods classification in the United States and is traded on NASDAQ Exchange. It employs 260 people. To find out more about Simply Good Foods contact Joseph Scalzo at 303 633 2840 or learn more at https://www.thesimplygoodfoodscompany.com.

Simply Good Foods Investment Alerts

Simply Largest EPS Surprises

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Simply Good Environmental, Social, and Governance (ESG) Scores

Simply Good Thematic Classifications

Simply Stock Institutional Investors

Note, although Simply Good's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Simply Market Capitalization

The company currently falls under 'Mid-Cap' category with a current market capitalization of 1.65 B.

Simply Profitablity

The company has Profit Margin (PM) of 0.06 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.13 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.13.

Management Efficiency

Simply Good Foods has return on total asset (ROA) of 0.0574 % which means that it generated a profit of $0.0574 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.0517 %, meaning that it created $0.0517 on every $100 dollars invested by stockholders. Simply Good's management efficiency ratios could be used to measure how well Simply Good manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is expected to rise to -0.0005 this year. Return On Capital Employed is expected to rise to -0.0011 this year. At this time, Simply Good's Total Current Assets are quite stable compared to the past year. Intangible Assets is expected to rise to about 1.5 B this year, although the value of Other Assets will most likely fall to 0.86.

Technical Drivers

As of the 8th of February, Simply Good has the Risk Adjusted Performance of (0.06), coefficient of variation of (1,188), and Variance of 4.63. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Simply Good Foods, as well as the relationship between them. Please validate Simply Good Foods information ratio and skewness to decide if Simply Good is priced more or less accurately, providing market reflects its prevalent price of 17.33 per share. Given that Simply Good Foods has information ratio of (0.13), we advise you to double-check Simply Good Foods's current market performance to make sure the company can sustain itself at a future point.

Simply Good Foods Price Movement Analysis

Simply Good Foods Insider Trading Activities

Simply Good Outstanding Bonds

Simply Good Predictive Daily Indicators

Simply Good Corporate Filings

Simply Good Forecast Models

Simply Good's time-series forecasting models are one of many Simply Good's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Simply Good's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Simply Good Bond Ratings

Simply Good Foods financial ratings play a critical role in determining how much Simply Good have to pay to access credit markets, i.e., the amount of interest on their issued debt. The threshold between investment-grade and speculative-grade ratings has important market implications for Simply Good's borrowing costs.

Simply Good Foods Debt to Cash Allocation

Simply Good Foods currently holds 304.43 M in liabilities with Debt to Equity (D/E) ratio of 0.32, which is about average as compared to similar companies. Simply Good Foods has a current ratio of 3.37, suggesting that it is liquid enough and is able to pay its financial obligations when due. Note, when we think about Simply Good's use of debt, we should always consider it together with its cash and equity.

Simply Good Total Assets Over Time

Simply Good Assets Financed by Debt

The debt-to-assets ratio shows the degree to which Simply Good uses debt to finance its assets. It includes both long-term and short-term borrowings maturing within one year. It also includes both tangible and intangible assets, such as goodwill.

Simply Good Debt Ratio

22.0

It seems most of the Simply Good's assets are financed through equity. Typically, companies with high debt-to-asset ratios are said to be highly leveraged. The higher the ratio, the greater risk will be associated with the Simply Good's operation. In addition, a high debt-to-assets ratio may indicate a low borrowing capacity of Simply Good, which in turn will lower the firm's financial flexibility.

Simply Good Corporate Bonds Issued

Simply Long Term Debt

Stock analysis is the technique used by a trader or investor to examine and evaluate how Simply Good prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Simply shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Simply Good. By using and applying Simply Stock analysis, traders can create a robust methodology for identifying Simply entry and exit points for their positions.

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Simply analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Simply analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.

Simply Good Foods stock analysis indicators help investors evaluate how Simply Good stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Simply Good shares will generate the highest return on investment. By understating and applying Simply Good stock analysis, traders can identify Simply Good position entry and exit signals to maximize returns.

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The market value of Simply Good Foods is measured differently than its book value, which is the value of Simply that is recorded on the company's balance sheet. Investors also form their own opinion of Simply Good's value that differs from its market value or its book value, called intrinsic value, which is Simply Good's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Simply Good's market value can be influenced by many factors that don't directly affect Simply Good's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Simply Good's value and its price as these two are different measures arrived at by different means. Investors typically determine if Simply Good is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. Meanwhile, Simply Good's quoted price indicates the marketplace figure where supply meets demand through bilateral consent.