There is no shortage of investors who are bullish on J.M. Smucker Co. (SJM) stock

At the time of writing, J.M. Smucker Co. [SJM] stock is trading at $111.10, up 1.18%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The SJM shares have lost -0.84% over the last week, with a monthly amount drifted -11.08%, and not seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

J.M. Smucker Co. [NYSE: SJM] stock has seen the most recent analyst activity on March 01, 2024, when DA Davidson initiated its Neutral rating and assigned the stock a price target of $132. Previously, Stifel upgraded its rating to Buy on February 28, 2024, and kept the price target unchanged to $135. On February 01, 2024, Citigroup initiated with a Buy rating and assigned a price target of $153 on the stock. Wells Fargo started tracking the stock assigning a Overweight rating and suggested a price target of $140 on December 12, 2023. Bernstein upgraded its rating to Mkt Perform for this stock on November 14, 2023, and downed its price target to $119. In a note dated September 14, 2023, BofA Securities downgraded an Neutral rating on this stock and revised its target price from $170 to $145.

For the past year, the stock price of J.M. Smucker Co. fluctuated between $107.33 and $159.92. Currently, Wall Street analysts expect the stock to reach $143.38 within the next 12 months. J.M. Smucker Co. [NYSE: SJM] shares were valued at $111.10 at the most recent close of the market. An investor can expect a potential return of 29.05% based on the average SJM price forecast.

Analyzing the SJM fundamentals

According to J.M. Smucker Co. [NYSE:SJM], the company’s sales were 8.21B for trailing twelve months, which represents an 0.58% jump. Gross Profit Margin for this corporation currently stands at 0.36% with Operating Profit Margin at 0.16%, Pretax Profit Margin comes in at 0.0%, and Net Profit Margin reading is -0.01%. To continue investigating profitability, this company’s Return on Assets is posted at -0.01, Equity is -0.01 and Total Capital is 0.07. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.14.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 110.20 points at the first support level, and at 109.31 for the second support level. However, for the 1st resistance point, the stock is sitting at 111.78, and for the 2nd resistance point, it is at 112.47.

Ratios To Look Out For

It is important to note that J.M. Smucker Co. [NYSE:SJM] has a current ratio of 0.78. Further, the Quick Ratio stands at 0.38, while the Cash Ratio is 0.01. Considering the valuation of this stock, the price to sales ratio is 1.44, the price to book ratio is 1.56.

Transactions by insiders

Recent insider trading involved Knudsen Jeannette L, Chief Legal Officer, that happened on Mar 27 ’24 when 3200.0 shares were sold. Chief Legal Officer, Knudsen Jeannette L completed a deal on Mar 04 ’24 to sell 6500.0 shares. Meanwhile, Director AMIN TARANG bought 900.0 shares on Feb 29 ’24.

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