Simply Good Foods (NASDAQ:SMPL) Shares Cross Above 50 Day Moving Average – Here’s What Happened

Posted by Brenda Bartman on Oct 29th, 2026

The Simply Good Foods Company (NASDAQ:SMPL – Get Free Report)’s stock price crossed above its 50-day moving average during trading on Wednesday. The stock has a 50-day moving average of $10.43 and traded as high as $10.88. Simply Good Foods shares last traded at $10.84, with a volume of 3,956,445 shares traded.

Trending Headlines about Simply Good Foods

Here are the key news stories impacting Simply Good Foods this week:

Positive Sentiment: Fiscal fourth-quarter adjusted EPS was $0.44, above the $0.40 consensus estimate, while revenue of $333.3 million also exceeded expectations of approximately $327 million. Net income returned to $30.5 million, compared with a $12.4 million loss a year earlier. Simply Good Foods Shares Rise 7% As Company Returns To Profit
Positive Sentiment: The company expects gross margin to expand by 250–300 basis points in fiscal 2027, supported by pricing actions and a marketing reset. Management expects these initiatives to improve performance during the second half of the year. Simply Good Foods fiscal 2027 outlook
Neutral Sentiment: Adjusted EPS declined from $0.46 in the prior-year quarter to $0.44, and adjusted EBITDA fell to $57.5 million from $66.2 million, indicating that cost and margin improvements have not yet offset weaker operating performance. Simply Good Foods fiscal 2026 results
Negative Sentiment: Management forecasts fiscal 2027 net sales to decline 13%–17% year over year and adjusted EBITDA to fall 9%–14%. The outlook reflects continuing topline pressure and contributed to investor concerns about a broader growth reset. Simply Good Foods Reports Q4 Earnings Above Estimates
Negative Sentiment: Jefferies downgraded SMPL because of concerns about weak topline growth, while other analysis characterized the company’s sales issues as escalating and highlighted the risk that the fiscal 2027 reset could take time to reverse. Jefferies downgrades Simply Good Foods

Analyst Upgrades and Downgrades

Several research analysts have commented on SMPL shares. Weiss Ratings lowered Simply Good Foods from a “sell (d)” rating to a “sell (d-)” rating in a research report on Monday, October 12th. TD Cowen decreased their price objective on Simply Good Foods from $13.00 to $11.00 and set a “hold” rating for the company in a report on Wednesday, August 26th. Deutsche Bank Aktiengesellschaft restated a “hold” rating and set a $14.00 target price on shares of Simply Good Foods in a research report on Friday, July 10th. DA Davidson set a $12.00 target price on shares of Simply Good Foods in a report on Monday. Finally, Jefferies Financial Group cut shares of Simply Good Foods from a “buy” rating to a “hold” rating and cut their target price for the company from $15.00 to $11.00 in a report on Wednesday. Two analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, Simply Good Foods currently has a consensus rating of “Hold” and a consensus price target of $13.36.

Get Our Latest Analysis on Simply Good Foods

Simply Good Foods Stock Up 11.2%

The stock has a market capitalization of $958.91 million, a PE ratio of -5.00 and a beta of 0.19. The firm’s fifty day moving average is $10.43 and its 200-day moving average is $13.03. The company has a quick ratio of 3.10, a current ratio of 4.80 and a debt-to-equity ratio of 0.28.

Simply Good Foods (NASDAQ:SMPL – Get Free Report) last announced its quarterly earnings data on Tuesday, October 27th. The financial services provider reported $0.44 EPS for the quarter, beating analysts’ consensus estimates of $0.40 by $0.04. Simply Good Foods had a negative net margin of 14.28% and a positive return on equity of 9.34%. The firm had revenue of $333.31 million during the quarter, compared to the consensus estimate of $327.03 million. During the same quarter last year, the firm earned $0.46 earnings per share. The firm’s revenue was down 9.7% compared to the same quarter last year. On average, equities research analysts predict that The Simply Good Foods Company will post 1.53 earnings per share for the current year.

Institutional Trading of Simply Good Foods

Hedge funds have recently modified their holdings of the business. Legal & General Group Plc purchased a new position in Simply Good Foods in the second quarter worth $2,566,000. Oaktree Capital Management LP acquired a new stake in Simply Good Foods in the first quarter valued at $16,200,000. Bank of New York Mellon Corp purchased a new stake in shares of Simply Good Foods during the 2nd quarter worth $7,393,000. Kestrel Investment Management Corp grew its stake in shares of Simply Good Foods by 90.3% during the 1st quarter. Kestrel Investment Management Corp now owns 258,050 shares of the financial services provider’s stock worth $3,703,000 after purchasing an additional 122,475 shares during the period. Finally, BlackRock Inc. acquired a new position in shares of Simply Good Foods during the 2nd quarter worth $180,913,000. 88.45% of the stock is owned by institutional investors and hedge funds.

Simply Good Foods Company Profile

(Get Free Report)

The Simply Good Foods Company (NASDAQ: SMPL) is a consumer packaged food company focused on convenient, nutrition-focused products. Its portfolio is built around the Atkins and Quest brands, which serve consumers seeking lower-carbohydrate, higher-protein and better-for-you food options.

The company offers a variety of products, including protein bars, snack bars, shakes, cookies, chips, confectionery items, protein powders and frozen foods. Its products are sold through grocery stores, mass merchants, club stores, drugstores, convenience stores, e-commerce platforms and other retail channels.

Simply Good Foods was established in 2017 through the combination of Conyers Park Acquisition Corp.