$1.23M in average volume shows that J.M. Smucker Co. (SJM) is heading in the right direction

J.M. Smucker Co. (NYSE: SJM) kicked off on Monday, down -0.91% from the previous trading day, before settling in for the closing price of $118.46. Over the past 52 weeks, SJM has traded in a range of $105.69-$149.46.

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Consumer Defensive Sector giant saw their annual sales surged by 0.92% over the last five years. While this was happening, its average annual earnings per share was recorded 0.97%. With a float of $103.75 million, this company’s outstanding shares have now reached $106.19 million.

The firm has a total of 9000 workers. Let’s measure their productivity.

J.M. Smucker Co. (SJM) Insider Activity

Our next focus will be how large-scale investors are participating in this stock of the Packaged Foods Industry. The insider ownership of J.M. Smucker Co. is 2.53%, while institutional ownership is 83.59%. The most recent insider transaction that took place on Jun 21 ’24, was worth 1,101,600. In this transaction Chair of Board, Pres & CEO of this company sold 10,000 shares at a rate of $110.16, taking the stock ownership to the 78,757 shares. Before that another transaction happened on Mar 27 ’24, when Company’s Chief Legal Officer sold 3,200 for $124.77, making the entire transaction worth $399,264. This insider now owns 8,946 shares in total.

J.M. Smucker Co. (SJM) Earnings and Forecasts

According to the Wall Street analysts, stocks earnings will be around 0.97% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 5.54% during the next five years compared to 9.54% growth over the previous five years of trading.

J.M. Smucker Co. (NYSE: SJM) Trading Performance Indicators

Take a look at J.M. Smucker Co.’s (SJM) current performance indicators. Last quarter, stock had a quick ratio of 0.25. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.53. Likewise, its price to free cash flow for the trailing twelve months is 19.43.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 7.14, a number that is poised to hit 2.16 in the next quarter and is forecasted to reach 10.94 in one year’s time.

Technical Analysis of J.M. Smucker Co. (SJM)

Analysing the last 5-days average volume posted by the [J.M. Smucker Co., SJM], we can find that recorded value of 1.05 million was lower than the volume posted last year of 1.25 million. As of the previous 9 days, the stock’s Stochastic %D was 17.43%. Additionally, its Average True Range was 2.74.

During the past 100 days, J.M. Smucker Co.’s (SJM) raw stochastic average was set at 53.38%, which indicates a significant increase from 30.21% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 19.14% in the past 14 days, which was lower than the 23.19% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $114.05, while its 200-day Moving Average is $118.37. Now, the first resistance to watch is $118.35. This is followed by the second major resistance level at $119.33. The third major resistance level sits at $120.23. If the price goes on to break the first support level at $116.48, it is likely to go to the next support level at $115.58. Should the price break the second support level, the third support level stands at $114.61.

J.M. Smucker Co. (NYSE: SJM) Key Stats

The company with the Market Capitalisation of 12.49 billion has total of 106,195K Shares Outstanding. Its annual sales at the moment are 8,179 M in contrast with the sum of 744,000 K annual income. Company’s last quarter sales were recorded 2,206 M and last quarter income was 245,100 K.