The Simply Good Foods Company Common Stock | SMPL

Daily Technical Analysis of The Simply Good Foods Company Common Stock

Not too much action today, The Simply Good Foods Company drifted down slightly. We'll see where it goes next.

Currently SMPL isn't at a clear support/resistance line that seems tradable. The Simply Good Foods Company hasn't established a very strong momentum in either direction over the last 3 months. We'll see if a stronger consensus among market participants emerges. SMPL might find some support at the 32.17 level, buyers might push the price back up from here. But it's not very clear what will happen.

Analyst Ratings for The Simply Good Foods Company By Price Target And Rating

The analysts are pretty neutral on The Simply Good Foods Company right now, so not much useful information here. The current Analysts Sentiment Score is 0.42. Most companies range between (-200 to 200).

Here's a break down of the latest rating changes. Mizuho reiterated a rating of Buy on 2024-04-05 and added a price target of $50.00. DA Davidson provided a price target decease of -12.82% to $34.00 from $39.00 on 2024-04-05. Needham & Company LLC dropped their price target by -8.89% to $41.00 on 2024-04-05. On 2024-03-28 Stifel Nicolaus lowered their price target by -20.83% to $38.00. Morgan Stanley announced a lowering of their price target to $42.00 from $46.00 on 2024-03-20. On 2024-01-02 there was confirmation of the previous rating by Deutsche Bank Aktiengesel which was Buy and moved up their price target to $42.00 which is a 2.44% increase. On 2023-04-06 UBS Group lowered their price target by -4.44% to $43.00.

Earnings Per Share (EPS) Estimates By Year and Quarter

Short interest for The Simply Good Foods Company

We take into account several different measures of short interest to create a composite score. These measures are shown in the chart below. Short selling is when investors are betting against a stock. We compile these factors to create a dynamic Short Score - this can indicate poor sentiment, internal problems with a company or industry and the anticipation of future price declines. We look at the short interest percent, days to cover, the rate of change and total shares sold short.

Social Sentiment for The Simply Good Foods Company

Social Sentiment is an aggregation of several different factors such as news, articles, blogs, user content, ratings, etc. Which is shown in the chart below. It may become predictive of a reversal if price and the sentiment diverge. Broader market forces may push prices up or down but if market participants maintain a different view on a specific stock, it may be taken as an opportunity to buy or sell in those cases.