Boston Partners increased its stake in The Simply Good Foods Company by 34.9% in Q1, and Q2 earnings beat estimates.

Boston Partners increased its stake in The Simply Good Foods Company by 34.9% in Q1, owning 685,798 shares. Institutional investors, including Tidal Investments, Bayesian Capital, and EntryPoint Capital, also boosted their holdings. SMPL's Q2 earnings beat estimates, with a $0.50 EPS and $334.8M revenue. Analysts from Deutsche Bank and Stifel Nicolaus gave "hold" and "buy" ratings, respectively. The company has a $3.42B market cap, P/E of 23.54, and a 0.14 debt-to-equity ratio.

August 04, 2024
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