Joseph Scalzo, a director at Simply Good Foods Co (NASDAQ:SMPL), recently reported significant stock transactions. On November 6 and 7, Scalzo sold a total of 264,000 shares of Simply Good Foods at prices ranging from $35.67 to $35.99 per share, amounting to approximately $9.43 million.
In addition to the sales, Scalzo also exercised options to acquire 264,000 shares at a price of $12 each, totaling $3.17 million. Following these transactions, Scalzo retains direct ownership of 139,204 shares in the company.
These transactions are part of routine financial management by insiders and reflect Scalzo's ongoing involvement with Simply Good Foods. Investors often keep a close eye on such filings to gauge insider sentiment and potential future stock performance.
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SMPL
0. 3 analysts have revised their earnings upwards for the upcoming period
SMPL
1. Trading at a high P/E ratio relative to near-term earnings growth
SMPL
2. Liquid assets exceed short term obligations
SMPL
3. Operates with a moderate level of debt
SMPL
4. Analysts predict the company will be profitable this year
SMPL
5. Profitable over the last twelve months
SMPL
6. High return over the last decade
SMPL
7. Does not pay a dividend to shareholders
InvestingPro Data:
Market Cap (Adjusted) -: 3630M USD
SMPL
P/E Ratio -: 25.99
SMPL
P/E Ratio (Adjusted) LTM2024.Q4 -: 23.77
SMPL
PEG Ratio LTM2024.Q4 -: 5.65
SMPL
Price / Book LTM2024.Q4 -: 2.1
SMPL
Revenue LTM2024.Q4 -: 1331.32M USD
SMPL
Revenue Growth LTM2024.Q4 -: 7.13 %
SMPL
Revenue Growth (Quarterly) FY2024.Q4 -: 17.25 %
SMPL
Gross Profit LTM2024.Q4 -: 511.57M USD
SMPL
Gross Profit Margin LTM2024.Q4 -: 38.43 %
SMPL
Operating Income, Adjusted LTM2024.Q4 -: 225.48M USD
SMPL
Operating Income Margin LTM2024.Q4 -: 16.94 %
SMPL
EBIT LTM2024.Q4 -: 225.48M USD
SMPL
EBITDA LTM2024.Q4 -: 246.47M USD
SMPL
EBITDA Growth LTM2024.Q4 -: 7.82 %
SMPL
Basic EPS (Cont. Ops) LTM2024.Q4 -: 1.39 USD
SMPL
Diluted EPS (Cont. Ops) LTM2024.Q4 -: 1.38 USD
SMPL
Return on Assets LTM2024.Q4 -: 6.15 %
SMPL
1 Week Price Total (EPA:TTEF) Return Y2024.D313 -: 4.6 %
SMPL
1 Month Price Total Return Y2024.D313 -: 6.86 %
SMPL
3 Month Price Total Return Y2024.D313 -: 11.4 %
SMPL
6 Month Price Total Return Y2024.D313 -: -4.37 %
SMPL
YTD Price Total Return Y2024.D313 -: -9.92 %
SMPL
1 Year Price Total Return Y2024.D313 -: -6.48 %
SMPL
Price % of 52 Week High -: 84.14 %
SMPL
Price, Previous Close -: 35.67 USD
SMPL
Average Daily Volume (3m) Y2024.D313 -: 0.85M USD
SMPL
Next (LON:NXT) Earnings Date -: 2025-01-02
SMPL
Fair Value (Analyst Targets) Y2024.D313 -: 40 USD
SMPL
InvestingPro Fair Value -: 40.18 USD
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Article to enrich:
Joseph Scalzo, a director at Simply Good Foods Co (NASDAQ:SMPL), recently reported significant stock transactions. On November 6 and 7, Scalzo sold a total of 264,000 shares of Simply Good Foods at prices ranging from $35.67 to $35.99 per share, amounting to approximately $9.43 million.
In addition to the sales, Scalzo also exercised options to acquire 264,000 shares at a price of $12 each, totaling $3.17 million. Following these transactions, Scalzo retains direct ownership of 139,204 shares in the company.
These transactions are part of routine financial management by insiders and reflect Scalzo's ongoing involvement with Simply Good Foods. Investors often keep a close eye on such filings to gauge insider sentiment and potential future stock performance.
In other recent news, The Simply Good Foods Company (NASDAQ:SMPL) reported a 17.2% increase in net sales for the fourth quarter, largely due to the acquisition of OWYN. The company's North America Quest net sales increased by 5%, while Atkins saw a 5% decline. Adjusted EBITDA for the quarter grew by 15% to $77.5 million. For the fiscal year 2025, the company projects a net sales growth of 4% to 6%, with adjusted EBITDA growth slightly exceeding sales growth. Jefferies maintained its Hold rating on Simply Good Foods, keeping a steady price target of $36.00, citing cautiousness due to uncertain outcomes of the Atkins brand revitalization efforts. Meanwhile, Stephens reaffirmed its Overweight rating on Simply Good Foods, maintaining a price target of $42.00, suggesting future growth potential despite challenges with the Atkins brand. TD Cowen also maintained a Hold rating, acknowledging the company's ambitious plans for the fiscal year 2025 but noting the risks involved. These recent developments reflect the company's ongoing efforts to navigate through various challenges while maintaining a stable outlook.
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