A share price of Scotts Miracle-Gro Company [SMG] is currently trading at $71.66, down -4.73%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The SMG shares have gain 1.49% over the last week, with a monthly amount glided 12.83%, and seem to be holding up well over a long-time horizon.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
From an analyst’s perspective:
Scotts Miracle-Gro Company [NYSE: SMG] stock has seen the most recent analyst activity on April 05, 2024, when Truist downgraded its rating to a Hold and also boosted its price target to $75 from $65. Previously, Raymond James downgraded its rating to Mkt Perform on March 25, 2024. On July 13, 2023, downgrade downgraded it’s rating to Hold and revised its price target to $72 on the stock. Truist upgraded its rating to a Buy and increased its price target to $80 on July 11, 2023. JP Morgan upgraded its rating to a Overweight but $80 remained the price target by the analyst firm on May 08, 2023. Stifel upgraded its rating to Buy for this stock on May 01, 2023, and upped its price target to $80. In a note dated April 26, 2023, Barclays downgraded an Equal Weight rating on this stock and revised its target price from $105 to $70.
Scotts Miracle-Gro Company experienced fluctuations in its stock price throughout the past year between $43.67 and $82.11. Currently, Wall Street analysts expect the stock to reach $77.67 within the next 12 months. Scotts Miracle-Gro Company [NYSE: SMG] shares were valued at $71.66 at the most recent close of the market. An investor can expect a potential return of 8.39% based on the average SMG price forecast.
Analyzing the SMG fundamentals
Trailing Twelve Months sales for Scotts Miracle-Gro Company [NYSE:SMG] were 3.51B which represents 7.46% growth. Gross Profit Margin for this corporation currently stands at 0.25% with Operating Profit Margin at 0.03%, Pretax Profit Margin comes in at -0.08%, and Net Profit Margin reading is -0.07%. To continue investigating profitability, this company’s Return on Assets is posted at -0.07, Equity is 0.99 and Total Capital is 0.04. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of-17.03.
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 70.11 points at the first support level, and at 68.55 for the second support level. However, for the 1st resistance point, the stock is sitting at 73.43, and for the 2nd resistance point, it is at 75.19.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Scotts Miracle-Gro Company [NYSE:SMG] is 1.80. Also, the Quick Ratio is 1.09, while the Cash Ratio stands at 0.33. Considering the valuation of this stock, the price to sales ratio is 1.16.
Transactions by insiders
Recent insider trading involved Johnson Stephen L, Board of Director, that happened on Aug 01 ’24 when 960.0 shares were purchased. Director, Johnson Stephen L completed a deal on Aug 01 ’24 to sell 960.0 shares. Meanwhile, Director Hagedorn Partnership, L.P. sold 52644.0 shares on May 08 ’24.
