On Tuesday, Scotts Miracle-Gro Company (NYSE: SMG) was 1.44% jump from the session before ,before settling in for the closing price of $74.98. A 52-week range for SMG has been $43.67 – $78.25.
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During the last 5-year period, the sales growth of Basic Materials Sector giant was 7.75%. When this article was written, the company’s average yearly earnings per share was at 126.49%. With a float of $42.25 million, this company’s outstanding shares have now reached $56.50 million.
Let’s determine the extent of company efficiency that accounts for 5500 employees.
Scotts Miracle-Gro Company (SMG) Breakdown of a Key Holders of the stock
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Scotts Miracle-Gro Company stocks. The insider ownership of Scotts Miracle-Gro Company is 25.48%, while institutional ownership is 75.92%. The most recent insider transaction that took place on Mar 04 ’24, was worth 5,648,846. In this transaction Director of this company sold 86,356 shares at a rate of $65.41, taking the stock ownership to the 13,777,012 shares. Before that another transaction happened on Feb 23 ’24, when Company’s 10% Owner sold 15,000 for $58.40, making the entire transaction worth $876,000. This insider now owns 13,881,368 shares in total.
Scotts Miracle-Gro Company (SMG) Recent Fiscal highlights
Going through the last 3-months fiscal report unveiled on the 12/30/2023, it has been observed that the corporation posted -$1.45 earnings per share (EPS) during the time that was better than consensus figure (set at -$1.53) by $0.08. Wall Street market experts anticipate that the next fiscal year will bring earnings of 2.18 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 126.49% per share during the next fiscal year.
Scotts Miracle-Gro Company (NYSE: SMG) Trading Performance Indicators
You can see what Scotts Miracle-Gro Company (SMG) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 0.67. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.26. Likewise, its price to free cash flow for the trailing twelve months is 8.32.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -7.05, a number that is poised to hit 3.37 in the next quarter and is forecasted to reach 4.00 in one year’s time.
Technical Analysis of Scotts Miracle-Gro Company (SMG)
Looking closely at Scotts Miracle-Gro Company (NYSE: SMG), its last 5-days average volume was 0.75 million, which is a drop from its year-to-date volume of 0.77 million. As of the previous 9 days, the stock’s Stochastic %D was 65.97%. Additionally, its Average True Range was 2.43.
During the past 100 days, Scotts Miracle-Gro Company’s (SMG) raw stochastic average was set at 92.83%, which indicates a significant increase from 81.14% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 30.70% in the past 14 days, which was lower than the 41.59% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $64.58, while its 200-day Moving Average is $58.60. However, in the short run, Scotts Miracle-Gro Company’s stock first resistance to watch stands at $76.85. Second resistance stands at $77.65. The third major resistance level sits at $78.67. If the price goes on to break the first support level at $75.03, it is likely to go to the next support level at $74.01. Now, if the price goes above the second support level, the third support stands at $73.21.
Scotts Miracle-Gro Company (NYSE: SMG) Key Stats
There are 56,692K outstanding shares of the company, which has a market capitalization of 4.31 billion. As of now, sales total 3,551 M while income totals -380,100 K. Its latest quarter income was 410,400 K while its last quarter net income were -80,500 K.
