Scotts Miracle-Gro Company (SMG) recent quarterly performance of -6.59% is not showing the real picture

Scotts Miracle-Gro Company (NYSE: SMG) open the trading on Wednesday, with great promise as it jumped 1.55% to $66.89, before settling in for the price of $65.87 at the close. Taking a more long-term approach, SMG posted a 52-week range of $43.67-$77.95.

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The company of the Basic Materials sector’s yearbook sales growth during the past 5- year span was recorded 7.75%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 114.02%. This publicly-traded company’s shares outstanding now amounts to $56.50 million, simultaneously with a float of $42.38 million. The organization now has a market capitalization sitting at $3.80 billion. At the time of writing, stock’s 50-day Moving Average stood at $67.49, while the 200-day Moving Average is $60.80.

Scotts Miracle-Gro Company (SMG) Ownership Facts and Figures

Sometimes it helps to make our mind if we keep our tabs on how bigger investors are working with the stock of the Agricultural Inputs industry. Scotts Miracle-Gro Company’s current insider ownership accounts for 25.38%, in contrast to 79.85% institutional ownership. According to the most recent insider trade that took place on May 08 ’24, this organization’s Director sold 52,644 shares at the rate of 67.05, making the entire transaction reach 3,529,849 in total value, affecting insider ownership by 13,693,368. Preceding that transaction, on May 07 ’24, Company’s Director sold 31,000 for 69.67, making the whole transaction’s value amount to 2,159,829. This particular insider is now the holder of 13,746,012 in total.

Scotts Miracle-Gro Company (SMG) Earnings and Revenue Records

Scotts Miracle-Gro Company’s EPS increase for this current 12-month fiscal period is 114.02% and is forecasted to reach 3.73 in the upcoming year.

Scotts Miracle-Gro Company (NYSE: SMG) Trading Performance Indicators

Let’s observe the current performance indicators for Scotts Miracle-Gro Company (SMG). It’s Quick Ratio in the last reported quarter now stands at 1.05. The Stock has managed to achieve an average true range (ATR) of 2.31. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 1.11. Similarly, its price to free cash flow for trailing twelve months is now 3.94.

In the same vein, SMG’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -6.24, a figure that is expected to reach 1.89 in the next quarter, and analysts are predicting that it will be 3.73 at the market close of one year from today.

Technical Analysis of Scotts Miracle-Gro Company (SMG)

[Scotts Miracle-Gro Company, SMG] recent stats showed that its last 5-days Average volume was superior the volume it posted in the year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 50.08% While, its Average True Range was 2.26.

Raw Stochastic average of Scotts Miracle-Gro Company (SMG) in the period of the previous 100 days is set at 54.89%, which indicates a major rise in contrast to 44.76% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 29.65% that was lower than 38.16% volatility it exhibited in the past 100-days period.