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SMPL
Stock ticker: NASDAQ
AS OF
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Price
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Capitalization
3.48B

SMPL Simply Good Foods Company (The) Forecast, Technical & Fundamental Analysis

a developer of nutritional food and snacking products

Technical Analysis# Of IndicatorsAvg. Odds
   
   
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A.I.Advisor
a Summary for SMPL with price predictions
08:00 PM EDT Sep 24, 2023

SMPL's MACD Histogram just turned positive

The Moving Average Convergence Divergence (MACD) for SMPL turned positive on September 14, 2023. Looking at past instances where SMPL's MACD turned positive, the stock continued to rise in of 41 cases over the following month. The odds of a continued upward trend are .

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

The RSI Indicator points to a transition from a downward trend to an upward trend -- in cases where SMPL's RSI Indicator exited the oversold zone, of 22 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

The Momentum Indicator moved above the 0 level on September 19, 2023. You may want to consider a long position or call options on SMPL as a result. In of 100 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where SMPL advanced for three days, in of 313 cases, the price rose further within the following month. The odds of a continued upward trend are .

Bearish Trend Analysis

The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 3 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.

The 10-day moving average for SMPL crossed bearishly below the 50-day moving average on August 18, 2023. This indicates that the trend has shifted lower and could be considered a sell signal. In of 20 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are .

Following a 3-day decline, the stock is projected to fall further. Considering past instances where SMPL declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

The Aroon Indicator for SMPL entered a downward trend on September 20, 2023. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.

Fundamental Analysis (Ratings)

Fear & Greed

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 78, placing this stock better than average.

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. SMPL’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to worse than average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating weak sales and an unprofitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is slightly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (2.271) is normal, around the industry mean (10.078). P/E Ratio (27.701) is within average values for comparable stocks, (36.924). Projected Growth (PEG Ratio) (1.643) is also within normal values, averaging (2.497). Dividend Yield (0.000) settles around the average of (0.045) among similar stocks. P/S Ratio (2.951) is also within normal values, averaging (29.104).

A.I.Advisor
published Highlights

Notable companies

The most notable companies in this group are Mondelez International (NASDAQ:MDLZ), Kraft Heinz Company (The) (NASDAQ:KHC), General Mills (NYSE:GIS), Campbell Soup Company (NYSE:CPB), Beyond Meat (NASDAQ:BYND).

Industry description

A specialty/candy manufacturer specializes in one or more of the following: chocolate, candies, pasta, condiments, seasonings, among other items. Hershey Company, McCormick & Company and J.M. Smucker Company are some of the major firms in this segment. Demand for this industry’s products comes from both institutions/restaurants as well as households.

Market Cap

The average market capitalization across the Food: Specialty/Candy Industry is 7.75B. The market cap for tickers in the group ranges from 6.25K to 327.81B. NSRGY holds the highest valuation in this group at 327.81B. The lowest valued company is OGGFF at 6.25K.

High and low price notable news

The average weekly price growth across all stocks in the Food: Specialty/Candy Industry was 3%. For the same Industry, the average monthly price growth was 0%, and the average quarterly price growth was -3%. RAYT experienced the highest price growth at 1,050%, while TJBH experienced the biggest fall at -44%.

Volume

The average weekly volume growth across all stocks in the Food: Specialty/Candy Industry was -8%. For the same stocks of the Industry, the average monthly volume growth was -21% and the average quarterly volume growth was 8%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 50
P/E Growth Rating: 64
Price Growth Rating: 60
SMR Rating: 70
Profit Risk Rating: 77
Seasonality Score: -16 (-100 ... +100)
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Technical Analysis# Of IndicatorsAvg. Odds
   
   
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A.I. Advisor
published Earnings

SMPL is expected to report earnings to 43 cents per share on October 20

Simply Good Foods Company (The) SMPL Stock Earnings Reports
Q3'23
Est.
$0.44
Q2'23
Beat
by $0.04
Q1'23
Beat
by $0.03
Q4'22
Beat
by $0.02
Q3'22
Beat
by $0.07
The last earnings report on June 29 showed earnings per share of 43 cents, beating the estimate of 40 cents. With 336.56K shares outstanding, the current market capitalization sits at 3.48B.
A.I. Advisor
published General Information

General Information

a developer of nutritional food and snacking products

Industry FoodSpecialtyCandy

Profile
Fundamentals
Details
Industry
Food Major Diversified
Address
1225, 17th Street
Phone
+1 303 633-2840
Employees
260
Web
http://www.thesimplygoodfoodscompany.com
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SMPL and

Correlation & Price change

A.I.dvisor indicates that over the last year, SMPL has been loosely correlated with TWNK. These tickers have moved in lockstep 44% of the time. This A.I.-generated data suggests there is some statistical probability that if SMPL jumps, then TWNK could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To SMPL
1D Price
Change %
SMPL100%
+0.06%
TWNK - SMPL
44%
Loosely correlated
+0.06%
JJSF - SMPL
40%
Loosely correlated
-0.58%
MDLZ - SMPL
39%
Loosely correlated
-1.02%
INGR - SMPL
38%
Loosely correlated
-1.09%
POST - SMPL
37%
Loosely correlated
-1.15%
More

Groups containing SMPL

Correlation & Price change

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To SMPL
1D Price
Change %
SMPL100%
+0.06%
snacking products
(undefined stocks)
55%
Loosely correlated
-0.99%
nutrition
(undefined stocks)
52%
Loosely correlated
-1.12%
food diversified
(undefined stocks)
52%
Loosely correlated
-0.90%
Food: Specialty/Candy
(undefined stocks)
-10%
Poorly correlated
-0.27%