Financial Survey: Seneca Foods (NASDAQ:SENEB) versus Simply Good Foods (NASDAQ:SMPL)

Seneca Foods (NASDAQ:SENEB) and Simply Good Foods (NASDAQ:SMPL) are both consumer staples companies, but which is the better business? We will compare the two businesses based on the strength of their dividends, earnings, profitability, valuation, analyst recommendations, institutional ownership and risk.

Profitability

This table compares Seneca Foods and Simply Good Foods’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Seneca Foods	N/A	N/A	N/A
Simply Good Foods	-14.28%	9.34%	6.67%

Analyst Recommendations

This is a summary of recent ratings and recommmendations for Seneca Foods and Simply Good Foods, as reported by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Seneca Foods	0	1	0	0	2.00
Simply Good Foods	1	9	3	0	2.15

Simply Good Foods has a consensus target price of $14.45, suggesting a potential upside of 41.93%. Given Simply Good Foods’ stronger consensus rating and higher possible upside, analysts plainly believe Simply Good Foods is more favorable than Seneca Foods.

Institutional & Insider Ownership

3.4% of Seneca Foods shares are owned by institutional investors. Comparatively, 88.5% of Simply Good Foods shares are owned by institutional investors. 1.6% of Seneca Foods shares are owned by insiders. Comparatively, 8.8% of Simply Good Foods shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company will outperform the market over the long term.

Earnings and Valuation

This table compares Seneca Foods and Simply Good Foods”s revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Seneca Foods	$1.77 billion	N/A	N/A	$3.08	61.10
Simply Good Foods	$1.45 billion	0.62	$103.61 million	($2.17)	-4.69

Simply Good Foods has lower revenue, but higher earnings than Seneca Foods. Simply Good Foods is trading at a lower price-to-earnings ratio than Seneca Foods, indicating that it is currently the more affordable of the two stocks.

Summary

Simply Good Foods beats Seneca Foods on 7 of the 11 factors compared between the two stocks.

About Seneca Foods

Seneca Foods Corporation provides packaged fruits and vegetables in the United States and internationally. The company offers canned, frozen, and bottled produce; and snack chips and other food products under the private label, as well as under various national and regional brands that the company owns or licenses, including Seneca, Libby's, Aunt Nellie's, READ, Green Valley, Paradise, Seneca Farms, and CherryMan. It also packs Green Giant, Le Sueur, and other brands of canned vegetables, as well as select Green Giant frozen vegetables for B&G Foods North America under a contract packing agreement. In addition, the company engages in the sale of cans and ends, as well as trucking and aircraft operations. It provides its products to grocery outlets, including supermarkets, mass merchandisers, limited assortment stores, club stores, and dollar stores; and food service distributors, industrial markets, other food packagers, and export customers in 90 countries, as well as federal, state, and local governments for school and other feeding programs. The company was founded in 1949 and is headquartered in Marion, New York.

About Simply Good Foods

The Simply Good Foods Company operates as a consumer-packaged food and beverage company in North America and internationally. The company develops, markets, and sells snacks and meal replacements. It offers protein bars, ready-to-drink shakes, sweet and salty snacks, cookies, protein chips, and recipes under the Atkins and Quest brand names. The company also provides confectionery products, such as full-size and mini peanut butter cups, and fudgey brownie and gooey caramel candy bites, chocolatey coated peanut candies, and coconutty caramel candy bars under Atkins Endulge brand name.It distributes its products to various retail channels, such as mass merchandise, grocery and drug channels, club stores, convenience stores, gas stations, and other channels. The company also sells its products through e-commerce channels, including questnutrition.com, atkins.com, amazon.com and others. The Simply Good Foods Company was founded in 2017 and is headquartered in Denver, Colorado.