Nationwide Fund Advisors bought a new position in shares of Simply Good Foods Co (NASDAQ:SMPL) during the third quarter, according to its most recent filing with the SEC. The fund bought 41,640 shares of the financial services provider’s stock, valued at approximately $488,000. Nationwide Fund Advisors owned 0.35% of Simply Good Foods at the end of the most recent reporting period.
Simply Good Foods Co (NASDAQ:SMPL) opened at $13.95 on Wednesday. Simply Good Foods Co has a twelve month low of $10.93 and a twelve month high of $16.01. The company has a debt-to-equity ratio of 0.31, a quick ratio of 3.31 and a current ratio of 4.20.
Simply Good Foods (NASDAQ:SMPL) last issued its quarterly earnings data on Tuesday, January 9th. The financial services provider reported $0.14 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.16 by ($0.02). research analysts anticipate that Simply Good Foods Co will post 0.52 earnings per share for the current fiscal year.
A number of brokerages recently issued reports on SMPL. Zacks Investment Research cut Simply Good Foods from a “buy” rating to a “hold” rating in a research note on Saturday. Berenberg Bank initiated coverage on Simply Good Foods in a report on Thursday, November 16th. They set a “buy” rating and a $15.00 target price for the company. Finally, Goldman Sachs Group initiated coverage on Simply Good Foods in a report on Wednesday, October 4th. They set a “buy” rating and a $16.00 target price for the company.
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About Simply Good Foods
The Simply Good Foods Company is a holding company. The Company through its subsidiaries, is engaged in developing, marketing and selling of branded nutritional foods and snacking products. The Company offers a range of products such as nutrition bars, ready to drink (RTD) shakes, snacks and confectionery products.
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