The Simply Good Foods Company, trading under the symbol NASDAQ:SMPL, is a prominent player in the nutritional food industry. Known for its popular brands like Quest and Atkins, the company focuses on providing high-protein, low-sugar products. It competes with other health-focused food companies in a rapidly growing market.
The consensus price target for SMPL has seen a slight shift over the past year, with the current average target at $36. This stability in recent months suggests a steady outlook from analysts. However, a year ago, the target was slightly higher at $37.5, indicating a modest decrease in expectations. This change could be due to various factors, including market conditions and company performance.
Simply Good Foods is expected to report its earnings soon, with Wall Street anticipating growth. The company has a history of surpassing earnings estimates, as seen in its recent quarterly earnings of $0.46 per share, which exceeded the Zacks Consensus Estimate of $0.39. This consistent performance may influence analysts' price targets and investor sentiment.
The company's recent 15.2% revenue growth in Q2 2025, driven by Quest and the acquisition of OWYN, highlights its strong market position. Quest now contributes 60% of total revenue, while OWYN is expected to double its sales. Despite a slight decline in margins, SMPL maintains a robust net margin of 10.1%, more than double the sector median of 4.05%.
Analyst Pamela Kaufman from Morgan Stanley has set a price target of $34 for SMPL, reflecting a cautious yet optimistic view. While the company faces challenges like declining Atkins sales and rising commodity costs, its strong cash generation and operational efficiency position it well for long-term growth. Investors should monitor upcoming earnings reports and strategic initiatives for further insights.
