J.M. Smucker Co (SJM) stock hits $110.23: Is it a good time to buy or wait for a dip?

J.M. Smucker Co [SJM] stock prices are down -3.78% to $110.23 at the moment. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The SJM shares have lost -2.67% over the last week, with a monthly amount drifted -0.22%, and not 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:

J.M. Smucker Co [NYSE: SJM] stock has seen the most recent analyst activity on October 25, 2024, when Stifel downgraded its rating to a Hold and also revised its price target to $125 from $135. Previously, DA Davidson started tracking the stock with Neutral rating on March 01, 2024, and set its price target to $132. On February 28, 2024, upgrade upgraded it’s rating to Buy but maintained its price target of $135 on the stock. Citigroup started tracking the stock assigning a Buy rating and suggested a price target of $153 on February 01, 2024. Wells Fargo initiated its recommendation with a Overweight and recommended $140 as its price target on December 12, 2023. In a note dated November 14, 2023, Bernstein upgraded an Mkt Perform rating on this stock and revised its target price from $123 to $119.

The stock price of J.M. Smucker Co [SJM] has been fluctuating between $105.69 and $134.62 over the past year. Currently, Wall Street analysts expect the stock to reach $127.75 within the next 12 months. J.M. Smucker Co [NYSE: SJM] shares were valued at $110.23 at the most recent close of the market. An investor can expect a potential return of 15.89% based on the average SJM price forecast.

Analyzing the SJM fundamentals

The J.M. Smucker Co [NYSE:SJM] reported sales of 8.83B for trailing twelve months, representing a surge of 17.16%. Gross Profit Margin for this corporation currently stands at 0.38% with Operating Profit Margin at 0.14%, Pretax Profit Margin comes in at 0.09%, and Net Profit Margin reading is 0.06%. To continue investigating profitability, this company’s Return on Assets is posted at 0.03, Equity is 0.07 and Total Capital is 0.07. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.15.

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 109.05 points at the first support level, and at 107.87 for the second support level. However, for the 1st resistance point, the stock is sitting at 112.51, and for the 2nd resistance point, it is at 114.79.

Ratios To Look Out For

It’s worth pointing out that J.M. Smucker Co [NYSE:SJM]’s Current Ratio is 0.58. Also, the Quick Ratio is 0.27, while the Cash Ratio stands at 0.01. Considering the valuation of this stock, the price to sales ratio is 1.33, the price to book ratio is 1.54 and price to earnings (TTM) ratio is 22.27.

Transactions by insiders

Recent insider trading involved Marshall Tucker H, Chief Financial Officer, that happened on Dec 17 ’24 when 994.0 shares were sold. Officer, Marshall Tucker H completed a deal on Dec 17 ’24 to buy 994.0 shares. Meanwhile, Chair of Board, Pres & CEO SMUCKER MARK T sold 10000.0 shares on Jun 21 ’24.

Related Posts