Scotts Miracle-Gro Company (NYSE:SMG)’s traded shares stood at 0.77 million during the last session, with the company’s beta value hitting 1.99. At the close of trading, the stock’s price was $61.15, to imply a decrease of -4.06% or -$2.59 in intraday trading. The SMG share’s 52-week high remains $93.90, putting it -53.56% down since that peak but still an impressive 25.41% since price per share fell to its 52-week low of $45.61.
Analysts have given a consensus recommendation of Buy for Scotts Miracle-Gro Company (SMG), translating to a mean rating of 1.78. Of 4 analyst(s) looking at the stock, 0 analyst(s) give SMG a Sell rating. 0 of those analysts rate the stock as Overweight while 2 advise Hold as 2 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at 2.25.
Scotts Miracle-Gro Company (NYSE:SMG) trade information
After registering a -4.06% downside in the last session, Scotts Miracle-Gro Company (SMG) has traded red over the past five days. The 5-day price performance for the stock is -8.02%, and 3.82% over 30 days. With these gigs, the year-to-date price performance is -7.82%.
The extremes give us $59 and $110 for target low and target high price respectively. As such, SMG has been trading -79.89% off suggested target high and 3.52% from its likely low.
Scotts Miracle-Gro Company (SMG) estimates and forecasts
The rating firms project that company’s revenue will shrink -3.10% compared to the previous financial year.
Revenue forecast for the current quarter as set by 8 analysts is 1.23B. Meanwhile, for the current quarter, a total of 8 analyst(s) estimate revenue growth to 391.7M.Earnings reports from the last fiscal year show that sales brought in 1.2B and 414.7M respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to rise 2.17% before dropping -5.55% in the following quarter.
SMG Dividends
Scotts Miracle-Gro Company has its next earnings report out in July. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. Scotts Miracle-Gro Company has a forward dividend ratio of 2.64, with the share yield ticking at 4.32% to continue the rising pattern observed over the past year.
The next major institution holding the largest number of shares is VANGUARD GROUP INC with 4.54 million shares, or about 7.9846% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $295.06 million.
We also have Pacer Funds Trust-Pacer US Cash Cows 100 ETF and iShares Trust-iShares Core S&P Mid-Cap ETF as the top two Mutual Funds with the largest holdings of the Scotts Miracle-Gro Company (SMG) shares. Going by data provided on Jan 31, 2025 , Pacer Funds Trust-Pacer US Cash Cows 100 ETF holds roughly 1.81 shares. This is just over 3.13% of the total shares, with a market valuation of $110.39 million. Data from the same date shows that the other fund manager holds a little less at 1.4, or 2.42% of the shares, all valued at about 85.34 million.
