11 Best Natural and Organic Food Stocks to Buy Now

9. Simply Good Foods Company (NASDAQ:SMPL)

Number of Hedge Fund Holders: 35

Simply Good Foods Company (NASDAQ:SMPL) is one of the best natural and organic food stocks to buy now. On January 20, Morgan Stanley reaffirmed a Hold rating on Simply Good Foods Company (NASDAQ:SMPL) and set a price target of $24.00. The stock also received a rating update from Stifel Nicolaus on January 20, with the firm assigning a Buy rating and a $32 price target to Simply Good Foods Company (NASDAQ:SMPL).

The firm told investors that it considers the return of Joe Scalzo as CEO as a strategically significant move, adding that the focus under his leadership is anticipated to be on underperformance in areas like Quest bars outside salty snacks, stabilization of the Atkins brand at a more durable scale, and sustaining growth for the Quest and OWYN franchises.

Stifel also cited Simply Good Foods Company’s (NASDAQ:SMPL) financial flexibility as a significant factor supporting the optimistic rating, adding that the balance sheet carried modest leverage with room for strategic actions, including a disciplined M&A approach that bolsters the growth profile. In addition, the firm expects profitability to make a gradual recovery, with margins bouncing back toward the high‑30% range. According to the firm, this trend can support a healthier balance between earnings growth and reinvestment, supporting the Buy rating.

Simply Good Foods Company (NASDAQ:SMPL) is a consumer packaged food and beverage company that develops, sells, and markets nutritional food and snacking items. The company’s product portfolio includes natural offerings, snacks, frozen meals, protein bars, ready-to-drink shakes, and frozen meals under the Quest and Atkins brands.