Simply Stock Buy Hold or Sell Recommendation

SMPL
 Stock
  

USD 31.99  0.12  0.37%   

Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding The Simply Good is 'Strong Hold'. Macroaxis provides Simply Good buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding SMPL positions. The advice algorithm takes into account all of Simply Good's available fundamental, technical, and predictive indicators you will find on this site.
  
The advice is provided from Simply Good's buy-and-hold perspective. Additionally, take a look at Simply Good Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. We conduct extensive research on individual companies such as Simply and provide practical buy, sell, or hold advice based on selected investing horizon and risk tolerance towards The Simply Good.

Execute Simply Good Buy or Sell Advice

The Simply recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on The Simply Good. Macroaxis does not own or have any residual interests in The Simply Good or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Simply Good's advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell Simply GoodBuy Simply Good
Strong Hold

Volatility

Details

Hype Condition

Details

Current Valuation

Details

Odds of Distress

Details

Economic Sensitivity

Details

Analyst Consensus

Details

Reporting Quality (M-Score)

Details
For the selected time horizon The Simply Good has a Risk Adjusted Performance of (0.20), Jensen Alpha of (0.29), Total Risk Alpha of (0.16) and Treynor Ratio of (0.53)
Our recommendation module can be used to complement Simply Good trade recommendation provided by average analyst sentiment. It analyzes the firm's potential to grow using fundamental, technical, data market data available at the time. To make sure Simply Good is not overpriced, please validate all Simply Good fundamentals, including its number of shares shorted, total debt, market capitalization, as well as the relationship between the gross profit and short ratio . Given that Simply Good has a number of shares shorted of 2.87 M, we advise you to double-check The Simply Good market performance and probability of bankruptcy to ensure the company can sustain itself in the current economic cycle given your current risk tolerance and investing horizon.

Simply Good Trading Alerts and Improvement Suggestions

Simply Good generated a negative expected return over the last 90 days
Over 91.0% of the company shares are owned by institutional investors
Latest headline from simplywall.st: Toast, Inc. insiders sold US261m worth of stock suggesting impending weakness. - Simply Wall St

Simply Good current analysts advice

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Simply analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Simply analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target Mean Price45.23
Target Median Price45.00
Target High Price49.00
Recommendation Mean1.80
Number Of Analyst Opinions13
Target Low Price39.00
Average Consensus Buy
The consensus estimates and target price estimation comprises individual analyst assessments, and may or may not mutch the Macroaxis buy or sell advice. It is determined by taking an average of all analyst recommendations and classifying them as Strong Buy, Buy, Hold, or Sell.

Simply Good Returns Distribution Density

The distribution of Simply Good's historical returns is an attempt to chart the uncertainty of Simply Good's future price movements. The chart of the probability distribution of Simply Good stock daily returns describes the distribution of returns around its average expected value. We use The Simply Good price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Simply Good returns is essential to provide solid investment advice for Simply Good.
Mean Return-0.36Value At Risk-3.33
Potential Upside2.93Standard Deviation2.01
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Simply Good historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.

Simply Stock Institutional Investors

Have you ever been surprised when a price of an equity instrument such as Simply Good is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading The Simply Good backward and forwards among themselves. Simply Good's institutional investor refers to the entity that pools money to purchase Simply Good's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Security TypeSharesValue
Blackrock IncCommon Shares13.4 M507.4 M
Vanguard Group IncCommon Shares9.5 M360.3 M
Capital World InvestorsCommon SharesM227.9 M
Invesco LtdCommon Shares3.5 M133.2 M
Price T Rowe Associates IncCommon Shares2.9 M111 M
State Street CorpCommon Shares2.8 M106.6 M
Champlain Investment Partners LlcCommon Shares2.8 M105.2 M
Note, although Simply Good's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Simply Good Greeks

Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Simply Good or Consumer Defensive sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Simply Good's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Simply stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α
Alpha over DOW
-0.29
β
Beta against DOW0.71
σ
Overall volatility
1.71
Ir
Information ratio -0.13

Simply Good Volatility Alert

The Simply Good exhibits very low volatility with skewness of -0.97 and kurtosis of 3.1. However, we advise investors to further study The Simply Good technical indicators to ensure that all market info is available and is reliable. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Simply Good's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Simply Good's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different stocks as prices fall.

Simply Good Fundamentals Vs Peers

Comparing Simply Good's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Simply Good's direct or indirect competition across all of the common fundamentals between Simply Good and the related equities. This way, we can detect undervalued stocks with similar characteristics as Simply Good or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Simply Good's fundamental indicators could also be used in its relative valuation, which is a method of valuing Simply Good by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare Simply Good to competition
FundamentalsSimply GoodPeer Average
Return On Equity7.42 %(0.31) %
Return On Asset6.06 %(0.14) %
Profit Margin8.38 %(1.27) %
Operating Margin19.10 %(5.51) %
Current Valuation3.67 B16.62 B
Shares Outstanding96.03 M571.82 M
Shares Owned by Insiders20.20 %10.09 %
Shares Owned by Institutions91.43 %39.21 %
Number of Shares Shorted2.87 M4.71 M
Price to Earning44.46 X28.72 X
Price to Book2.33 X9.51 X
Price to Sales2.59 X11.42 X
Revenue1.15 B9.43 B
Gross Profit409.77 M27.38 B
EBITDA220.49 M3.9 B
Net Income96.69 M570.98 M
Cash and Equivalents56.72 M2.7 B
Cash per Share0.56 X5.01 X
Total Debt454.81 M5.32 B
Debt to Equity0.32 %48.70 %
Current Ratio3.05 X2.16 X
Book Value Per Share13.35 X1.93 K
Cash Flow from Operations107.96 M971.22 M
Short Ratio3.56 X4.00 X
Earnings Per Share0.70 X3.12 X
Price to Earnings To Growth0.73 X4.89 X
Number of Employees26318.84 K
Beta0.93-0.15
Market Capitalization2.98 B19.03 B
Total Asset879.19 M29.47 B
Retained Earnings73.21 M9.33 B
Z Score4.68.72
Last Dividend Paid0.09
   Payment of 1068 shares by Hunsberger Susan of Simply Good subject to Rule 16b-3 [view details]

About Simply Good Buy or Sell Advice

When is the right time to buy or sell The Simply Good? Buying financial instruments such as Simply Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.

Use Investing Ideas to Build Portfolios

In addition to having Simply Good in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Run Marketing Thematic Idea Now

Marketing
Marketing Theme
Companies providing marketing and public relation (PR) services as well as news and media distribution. The Marketing theme has 40 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Marketing Theme or any other thematic opportunities.
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Additionally, take a look at Simply Good Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. You can also try Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.

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Is Simply Good's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Simply Good. If investors know Simply will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Simply Good listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Simply Good is measured differently than its book value, which is the value of Simply that is recorded on the company's balance sheet. Investors also form their own opinion of Simply Good's value that differs from its market value or its book value, called intrinsic value, which is Simply Good's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Simply Good's market value can be influenced by many factors that don't directly affect Simply Good's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Simply Good's value and its price as these two are different measures arrived at by different means. Investors typically determine Simply Good value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Simply Good's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.