Scotts Miracle-Gro Company (SMG) Stock Forecast & Predictions

Scotts Miracle-Gro Company - Class A SMG: $228.41

14111 Scottslawn Rd, Marysville, Ohio, US. | Sector: Administrative and Support and Waste Management and Remediation Services | Exchange: NEW YORK STOCK EXCHANGE, INC. | Web: http://www.scottsmiraclegro.com/

  • Market Cap$13.27B
  • Change (52 Weeks)103.48%
  • Low (52 Weeks)$113.36
  • Scotts Miracle-Gro Company (SMG) Stock Forecast By Analysts


    Strong Buy
    Analysts Recommendations for Scotts Miracle-Gro Company (SMG) is based on 11 Institutional Analyst Ratings where 45.45% are on Strong Buy, 27.27% on Moderate Buy, 27.27% remains on Hold, 0.00% are on Moderate Sell and 0.00% are on Strong Sell.

    Out of 11 Institutional Analysts, majority recommended SMG stock as Strong Buy. Since most investors and traders follow analyst ratings closely, this can be a potentially driving factor for the future stock price of Scotts Miracle-Gro Company.

    Scotts Miracle-Gro Company (SMG) Stock Price Prediction By Analysts


    HighLowAverage
    $315.00$262.60$282.29
    $282.2923.59% Upside
    Updated: 2021-04-12 00:00:00

    The Average Price target for SMG set by the institutional analysts is $282.29 where High Estimate is $315.00, Median $278.97 and Low $262.60.

    The average price target for SMG by Institutional Analysts is $282.29, which is 23.59% Upside from the current price. So according to the Institutional Analysts, SMG Stock might be a bit undervalued at this stage and there’s potential for upside.

    However, although Institutional Analysts set their price targets after extensive research, they’re not always correct. After all, the market is mostly driven by investors speculation and emotion than just concrete numbers.

    Scotts Miracle-Gro Company (SMG) Stock Forecast Based on Investor Sentiment


    Very Positive

    Based on 385,350 investor portfolio.

    Our algorithm has analysed 385,350 investor portfolio with SMG stock holdings and found that 99.50% of them are bullish. Which means the Investor Sentiment is mostly Very Positive.

    This shows most investors are very optimistic about SMG and holding their positions hoping for a further rise in the stock price and more profit.

    Scotts Miracle-Gro Company (SMG) Stock Forecast Based on News Sentiment


    Bullish
    Based on 2 articles published Last Week, where 100.00% are Bullish and 0.00% are Bearish.

    According to the news articles published last week, most journalists and bloggers talked positively about SMG, it shows that Scotts Miracle-Gro Company had a 100.00% positive news coverage.

    Positive news coverage usually affects short-term price of a stock, so this positive coverage provides an indication that SMG stock price may surge in the next few weeks.

    Scotts Miracle-Gro Company (SMG) Stock Forecasts By Institutional Analysts


    Analyst
    Recommendation
    Action
    Raymond JamesStrong BuyMaintained
    Truist SecuritiesBuyMaintained
    Raymond JamesStrong BuyMaintained
    Raymond JamesStrong BuyMaintained
    Raymond JamesStrong BuyUpgraded
    SunTrust Robinson HumphreyBuyMaintained
    SunTrust Robinson HumphreyBuyMaintained
    Raymond JamesMarket PerformDowngraded
    SunTrust Robinson HumphreyBuyMaintained
    SunTrust Robinson HumphreyBuyMaintained
    Raymond JamesStrong BuyMaintained
    Raymond JamesStrong BuyUpgraded
    JP MorganNeutralMaintained
    Bank of AmericaBuyUpgraded
    Bank of AmericaNeutralUpgraded
    Bank of AmericaUnderperformDowngraded
    Raymond JamesMarket PerformDowngraded
    JP MorganNeutralUpgraded
    Raymond JamesOutperformUpgraded
    Bank of AmericaNeutralUpgraded
    JP MorganUnderweightMaintained
    Bank of AmericaUnderperformMaintained
    Bank of AmericaUnderperformMaintained
    Raymond JamesUnderperformDowngraded
    JP MorganUnderweightDowngraded
    SunTrust Robinson HumphreyBuyUpgraded
    Bank of AmericaUnderperformDowngraded
    JP MorganNeutralDowngraded
    Bank of AmericaBuyMaintained
    SunTrust Robinson HumphreyHoldDowngraded
    Bank of AmericaBuyUpgraded
    JP MorganOverweightUpgraded
    JP MorganNeutralDowngraded
    SunTrust Robinson HumphreyBuyUpgraded
    Bank of AmericaUnderperformMaintained
    BMO CapitalOutperformUpgraded
    KeyBancHoldInitiated
    BMO CapitalMarket PerformUpgraded
    JP MorganOverweightUpgraded
    Janney CapitalNeutralInitiated
    Tigress FinancialNeutralDowngraded
    BMO CapitalUnderperformDowngraded
    BMO CapitalMarket PerformMaintained
    JP MorganNeutralMaintained
    BMO CapitalMarket PerformMaintained
    Ameriprise FinancialBuyInitiated
    Bank ofericaUnderperformMaintained
    BMO CapitalMarket PerformUpgraded
    BMO CapitalUnderperformMaintained

    Scotts Miracle-Gro Company (SMG) Stock Earning Per Share (EPS) Forecast / Estimate


    $3.337
    The average consensus EPS for SMG is $3.337 with a high estimate of $4.526 and Low of $2.675 for the period 2021-06-30 and based on 6 Institutional Analysts.

    Last Quarter


    Actual
    Estimate
    Date
    $0.06$0.095950000000000012020-09-30


    The latest average Earning Per Share Estimate for Scotts Miracle-Gro Company is $3.34, which is higher than SMG's last EPS, $0.06. This means that Analysts are expecting Scotts Miracle-Gro Company to report higher earnings. This can drive share prices higher since the investors have positive sentiment about market performance of Scotts Miracle-Gro Company.

    Earning Per Share (EPS) History


    Actual
    Estimate
    Date
    $0.06$0.095950000000000012020-09-30
    $3.8$3.40706330000000032020-06-30
    $4.5$4.22182020-03-31
    $-1.12$-1.28703292019-12-31
    $-0.91$-0.87196332019-09-30
    $3.11$2.76740000000000032019-06-30
    $3.64$3.45422019-03-31
    $-1.39$-1.26081332018-12-31
    $-0.75$-0.67501332018-09-30
    $2.67$2.600752018-06-30
    $2.88$3.34312018-03-31
    $-1.08$-0.94478432017-12-31
    $-0.26$-0.2900722017-09-30
    $2.63$2.53636252017-06-30
    $2.78$2.93333292017-03-31
    $-0.96$-1.26683289999999982016-12-31
    $-0.31$-0.282800000000000052016-09-30
    $2.16$2.13686712016-06-30
    $3$2.53678672016-03-31
    $-1.13$-1.14803672015-12-31
    $-0.12$-0.15823672015-09-30
    $2.68$2.57552015-06-30
    $2.06$2.287652015-03-31
    $-1.13$-1.07925572014-12-31
    $-0.18$-0.227252014-09-30
    $2.34$2.27923670000000022014-06-30
    $2.17$1.99643669999999982014-03-31
    $-1.05$-1.09814272013-12-31
    $-0.18$-0.37094272013-09-30
    $2.46$2.452282013-06-30
    $1.6$2.022022013-03-31
    $-1.12$-1.146352012-12-31
    $-0.59$-0.582772012-09-30
    $1.6$1.916982012-06-30
    $2.15$2.07976172012-03-31
    $-1.18$-1.236242011-12-31
    $-0.46$-0.44861172011-09-30
    $1.91$2.21694999999999982011-06-30
    $2.22$2.07205542011-03-31
    $-0.99$-0.944352010-12-31

    What is Analyst Ratings & Price Targets?

    The analysts provide Buy, Sell or Hold ratings after extensive research of a companies financial reports, listening to conference calls and some of them even get in contact with upper management of the company to get an overall picture of operation.

    Although institutional Analyst’s are not always correct, their ratings are followed by millions of traders around the world and they can heavily influence trading activities for a company.

    As a retail investor, going through analyst ratings will instantly provide you an idea if the stock is worth buying. Top Analysts also provide their price targets. It’s a prediction of where the stock price might go based on their analysis.

    The best way to analyze price targets is to combined average price targets of major analysts. If the average price target is much higher than the current price of the stock, then the probability of a stock going up is also high.

    What is Technical Analysis?

    Technical Analysis refers to analyzing a stock's price over a period of time. In the financial market, past price patterns are one of the strongest indicators of an asset's future performance.

    In easier terms, millions of traders use Live Charts to watch the stock prices, it is actually a single source of truth for most traders. When a stock's price reaches a significant price level/pattern in the chart, millions of traders take buy/sell positions from those levels.

    As a regular investor, one of the easiest ways to check technical analysis of a stock is through Technical Indicators. Technical Indicators are programmed algorithms that monitor price changes in the Charts and indicate Buy/Sell based on market conditions.

    Some Technical Indicators can be very powerful (e.g SMA) and some can be pretty useless. Stock research tools like iTradely heavily simplify the technical analysis process for the investors by showing Buy/Sell/Neutral ratings combined from 17 powerful technical indicators, all in one page.

    What is Earnings Per Share (EPS) and Why is it Important?

    EPS, or Earning Per Share, can tell a lot about a stock’s performance. It’s calculated by dividing a company’s profit by the number of outstanding shares of its common stocks.

    In layman’s term, earnings is an indicator of a company’s profitability. Higher the earnings, the more profitable a company is.
    Some traders pick stocks solely based on EPS or earnings Analysis, it is a very powerful indicator of a stock’s price.

    Before you buy a stock, check the company’s earnings History and Surprises. A Surprise happens when a company reports a much higher or lower actual earnings/EPS than the forecasted earnings/EPS.

    If a company reports higher EPS surprises consistently, analysts keep raising their estimates, traders become more confident in the company, driving the share price higher.

    What is Stock Sentiment?

    Stock Sentiment refers to how people speculating about the stock or what kind of trading position investors are often taking.

    There are different kinds of sentiments you can find online for a company, this includes Investor Sentiment (Percentage of investors buying or selling), News Sentiment (Is the company getting positive or negative impressions from the Press?), Social Sentiment (The overall trends about the company in social media, is it negative or positive?).