TD Cowen Cuts Simply Good Foods (NASDAQ:SMPL) Price Target to $11.00

Simply Good Foods (NASDAQ:SMPL) had its target price reduced by TD Cowen from $13.00 to $11.00 in a research report released on Wednesday, MarketBeat reports. They currently have a hold rating on the financial services provider’s stock.

A number of other equities analysts have also recently issued reports on the stock. Jefferies Financial Group set a $17.00 target price on shares of Simply Good Foods in a report on Tuesday, June 30th. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Simply Good Foods in a report on Thursday, June 18th. DA Davidson dropped their price target on Simply Good Foods from $39.00 to $14.00 and set a “neutral” rating on the stock in a research report on Friday, July 10th. Mizuho set a $19.00 price target on Simply Good Foods in a report on Monday, May 4th. Finally, Zacks Research upgraded Simply Good Foods from a “strong sell” rating to a “hold” rating in a research report on Monday, June 8th. Three equities research analysts have rated the stock with a Buy rating, nine have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $14.45.

Simply Good Foods Stock Up 7.1%

SMPL stock opened at $10.93 on Wednesday. The company has a debt-to-equity ratio of 0.28, a current ratio of 4.80 and a quick ratio of 3.10. Simply Good Foods has a 1-year low of $9.88 and a 1-year high of $28.97. The firm has a fifty day moving average price of $11.60 and a two-hundred day moving average price of $12.91. The firm has a market cap of $966.87 million, a price-to-earnings ratio of -5.04 and a beta of 0.15.

Simply Good Foods (NASDAQ:SMPL) last posted its quarterly earnings results on Thursday, July 9th. The financial services provider reported $0.42 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.35 by $0.07. Simply Good Foods had a negative net margin of 14.28% and a positive return on equity of 9.34%. The company had revenue of $356.98 million for the quarter, compared to the consensus estimate of $332.99 million. During the same period last year, the firm posted $0.51 EPS. The company’s revenue for the quarter was down 6.3% on a year-over-year basis. Research analysts predict that Simply Good Foods will post 1.54 EPS for the current year.

Hedge Funds Weigh In On Simply Good Foods

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. BlackRock Inc. acquired a new stake in Simply Good Foods in the 2nd quarter valued at approximately $180,913,000. Vanguard Group Inc. grew its stake in shares of Simply Good Foods by 2.4% in the fourth quarter. Vanguard Group Inc. now owns 10,631,429 shares of the financial services provider’s stock worth $213,479,000 after purchasing an additional 249,405 shares in the last quarter. Dimensional Fund Advisors LP grew its stake in shares of Simply Good Foods by 8.8% in the third quarter. Dimensional Fund Advisors LP now owns 4,288,680 shares of the financial services provider’s stock worth $106,443,000 after purchasing an additional 346,395 shares in the last quarter. State Street Corp increased its holdings in shares of Simply Good Foods by 0.4% during the second quarter. State Street Corp now owns 3,645,749 shares of the financial services provider’s stock valued at $115,169,000 after purchasing an additional 14,089 shares during the period. Finally, Boston Trust Walden Corp increased its holdings in shares of Simply Good Foods by 10.0% during the first quarter. Boston Trust Walden Corp now owns 3,635,464 shares of the financial services provider’s stock valued at $52,169,000 after purchasing an additional 330,330 shares during the period. 88.45% of the stock is owned by institutional investors.

Simply Good Foods News Roundup

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

• Positive Sentiment: Investors who purchased SMPL shares during the specified class period may be eligible to seek compensation or appointment as lead plaintiff. The deadline to apply is October 13, 2026. Rosen class-action deadline article
• Neutral Sentiment: Several law firms, including Kaplan Fox, Robbins LLP, Rosen Law Firm and others, reiterated that a class action has been filed on behalf of investors who acquired Simply Good Foods securities between October 24, 2024, and April 8, 2026. These releases largely repeat previously reported allegations and solicit investors to participate in the litigation. Kaplan Fox class-action article
• Negative Sentiment: The lawsuits allege that Simply Good Foods and certain executives violated federal securities laws by failing to disclose problems with the OWYN acquisition and integration. The allegations reference the eventual $187 million impairment charge announced in April 2026, following earlier assurances that the $280 million integration was progressing as planned. Plaintiffs contend the disclosures contributed to a decline of more than 27% in the shares. The claims remain allegations and have not been proven in court. SMPL shareholder alert article
• Negative Sentiment: TD Cowen issued a pessimistic forecast for SMPL, adding to concerns about the company’s earnings outlook and valuation. Combined with the litigation over the OWYN impairment, the downgrade-like sentiment may reinforce uncertainty around future growth and management credibility. TD Cowen forecast article

Simply Good Foods Company Profile

Simply Good Foods Co (NASDAQ: SMPL) is a North American consumer packaged foods company specializing in better-for-you nutrition products. The company’s portfolio centers on two well-established brands, Atkins and Quest, which offer a range of low-carbohydrate, high-protein bars, powders, shakes, and snacks. Simply Good Foods aims to support consumers’ health and wellness goals by delivering convenient, nutrient-dense options without added sugars or artificial sweeteners.

Under the Atkins brand, the company produces meal replacements, snack bars, and ready-to-drink shakes designed for low-carb dieters.