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Simply Good Foods Co stock reached a 52-week low, touching 30.61 USD. According to InvestingPro data, the company maintains strong financial health with a current ratio of 4.27, indicating robust liquidity. Analyst price targets range from $36 to $47, suggesting potential upside. This development marks a significant point for the company, as it reflects a downturn over the past year. The stock has declined 17.03% year-to-date, though InvestingPro analysis indicates the stock may be undervalued at current levels. The company maintains a healthy financial position with minimal debt and strong liquidity metrics. This dip to a 52-week low may prompt further scrutiny from analysts and investors, as the company navigates its current market position and strategizes for potential recovery. Get deeper insights and access to 6 additional exclusive ProTips for Simply Good Foods with an InvestingPro subscription.
In other recent news, The Simply Goods Group reported fiscal third-quarter earnings that exceeded expectations, with strong earnings per share and EBITDA performance, though sales aligned with consensus estimates. Despite this, the company narrowed its fiscal year 2025 guidance to the lower end of its previously stated range. The Simply Goods Group’s retail takeaway grew 3% year-over-year, with notable increases in Quest and OWYN brands, though the Atkins brand saw a decline. Analysts at Morgan Stanley (NYSE:MS) reiterated an Equalweight rating for the company, while Stifel maintained a Buy rating but adjusted its price target to $38, citing weakening consumption trends and risks related to Atkins distribution.
Citi also lowered its price target to $40, maintaining a Buy rating but expressing concerns over potential sales misses and inflationary pressures affecting future EBITDA estimates. DA Davidson revised its price target to $38, maintaining a Neutral rating due to challenges including cost inflation and tariffs impacting performance. The firm suggested that low single-digit EBITDA growth might be expected for fiscal year 2026. These developments highlight a cautious outlook among analysts, with a focus on the company’s strategic management of brand performance and market conditions.
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