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Scotts Miracle-Gro Company (SMG)
NYSE:SMG
Scotts Miracle-Gro Company (SMG) Stock Price & Analysis
1,549 Followers
SMG Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$42.66 - $77.95
Previous Close$69.06
Volume292.02K
Average Volume (3M)789.92K
Market Cap
$3.86B
Enterprise Value$6.94B
Total Cash (Recent Filing)$10.40M
Total Debt (Recent Filing)$3.02B
Price to Earnings (P/E)-11.1
Beta1.89
Next Earnings
Jul 31, 2024EPS Estimate
$1.93Next Dividend Ex-Date
May 23, 2024Dividend Yield3.87%
Share Statistics
EPS (TTM)-6.24
Shares Outstanding56,799,090
10 Day Avg. Volume728,136
30 Day Avg. Volume789,917
Standard Deviation0.14
R-Squared0.39
Alpha-0.00846
Financial Highlights & Ratios
Price to Book (P/B)-3.65
Price to Sales (P/S)1.10
Price to Cash Flow (P/CF)-2.80
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue1.93
Enterprise Value/Gross Profit8.23
Enterprise Value/Ebitda58.53
Forecast
1Y Price Target
$76.40Price Target Upside12.51% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering6
Scotts Miracle-Gro Company News
Bulls Say, Bears Say
Bulls Say
Cash FlowScotts is on track to generate its target of $1 billion in free cash flow for the fiscal years 2023-2024.
Financial PerformanceThe company announced near record shipments in F2Q24 and year to date point of sale growth 'in the mid-teens', indicating strong sales performance.
Stock ValuationThe price target for Scotts has been raised from $70 to $85 per share, suggesting potential upside in stock value.
Bears Say
Analyst RatingAn analyst has downgraded the stock to Market Perform, indicating that it might have reached its fair value, offering limited upside potential from the current level.
Sales TrendsThe bulk of consumer lawn and garden purchases occur in a concentrated timeframe, which means current trends might not predict the year's overall performance.
Stock ValuationThe stock is currently trading at a high valuation compared to its 5-year pre-pandemic average, suggesting that positive expectations may have been already priced in.
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Risk Analysis
Main Risk Category
ProductionRisks related to the company’s ability to manufacture goods and services
SMG FAQ
What was Scotts Miracle-Gro Company’s price range in the past 12 months?
Scotts Miracle-Gro Company lowest stock price was $42.66 and its highest was $77.95 in the past 12 months.
What is Scotts Miracle-Gro Company’s market cap?
Currently, no data Available
When is Scotts Miracle-Gro Company’s upcoming earnings report date?
Scotts Miracle-Gro Company’s upcoming earnings report date is Jul 31, 2024 which is in 71 days.
How were Scotts Miracle-Gro Company’s earnings last quarter?
Scotts Miracle-Gro Company released its earnings results on May 01, 2024. The company reported $3.69 earnings per share for the quarter, beating the consensus estimate of $3.438 by $0.252.
Is Scotts Miracle-Gro Company overvalued?
According to Wall Street analysts Scotts Miracle-Gro Company’s price is currently Undervalued.
Does Scotts Miracle-Gro Company pay dividends?
Scotts Miracle-Gro Company pays a Quarterly dividend of $0.66 which represents an annual dividend yield of 3.87%. See more information on Scotts Miracle-Gro Company dividends here
What is Scotts Miracle-Gro Company’s EPS estimate?
Scotts Miracle-Gro Company’s EPS estimate is $1.93.
How many shares outstanding does Scotts Miracle-Gro Company have?
Scotts Miracle-Gro Company has 56,799,090 shares outstanding.
What happened to Scotts Miracle-Gro Company’s price movement after its last earnings report?
Scotts Miracle-Gro Company reported an EPS of $3.69 in its last earnings report, beating expectations of $3.438. Following the earnings report the stock price went down -0.438%.
Which hedge fund is a major shareholder of Scotts Miracle-Gro Company?
Among the largest hedge funds holding Scotts Miracle-Gro Company’s share is Gamco Investors, Inc. ET AL. It holds Scotts Miracle-Gro Company’s shares valued at 18M.
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Scotts Miracle-Gro Company Stock Smart Score
Neutral
1
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9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$76.40 (12.51% Upside)
$76.40 (12.51% Upside)
Blogger Sentiment
Bullish
SMG Sentiment 92%
Sector Average 71%
Sector Average 71%
Hedge Fund Trend
Increased
By 235.3K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $13.4M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.3%
Last 30 Days ▼ 2.1%
Last 30 Days ▼ 2.1%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
4.76%
12-Months-Change
Fundamentals
Return on Equity
―
Trailing 12-Months
Asset Growth
-21.33%
Trailing 12-Months
Company Description
Scotts Miracle-Gro Company
Scotts Miracle-Gro Co. engages in the manufacture, marketing, and distribution of systems and accessories for hydroponic gardening. It operates through the following segments: U.S. Consumer, Hawthorne, and Other. The U.S. Consumer segment consists of consumer lawn and garden business. The Hawthorn segment includes indoor, urban, and hydroponic gardening business. The Other segment refers to the consumer lawn and garden business in geographies other than the U.S. and product sales to commercial nurseries, greenhouses, and other professional customers. The company was founded by Orlando McLean Scott in 1868 and is headquartered in Marysville, OH.
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SMG Company Deck
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SMG Earnings Call
Q2 2024
0:00 / 0:00
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SMG Stock 12 Month Forecast
Average Price Target
$76.40
▲(12.51% Upside)
Technical Analysis
Best Analysts Covering SMG
1 Year
1 Year Success Rate
12/23 ratings generated profit
1 Year Average Return
+7.78%
assigned a buy rating 20 days ago
Copying Christopher Carey's trades and holding each position for 1 Year would result in 52.17% of your transactions generating a profit, with an average return of +7.78% per trade.
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