On Tuesday, J.M. Smucker Co. (NYSE: SJM) was 1.97% up from the session before settling in for the closing price of $118.21. A 52-week range for SJM has been $105.69 – $134.62.
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During the last 5-year period, the sales growth of Consumer Defensive Sector giant was 0.92%. When this article was written, the company’s average yearly earnings per share was at -1.25%. With a float of $103.72 million, this company’s outstanding shares have now reached $106.19 million.
Let’s determine the extent of company efficiency that accounts for 9000 employees. In terms of profitability, gross margin is 37.14%, operating margin of 16.36%, and the pretax margin is 11.81%.
J.M. Smucker Co. (SJM) Insider Activity
Also, it is sometimes useful to examine the sentiment of large-scale investors toward J.M. Smucker Co. stocks. The insider ownership of J.M. Smucker Co. is 2.52%, while institutional ownership is 83.29%. 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 -1.25% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 6.07% 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
You can see what J.M. Smucker Co. (SJM) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 0.25. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.51. Likewise, its price to free cash flow for the trailing twelve months is 20.54.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 7.09, a number that is poised to hit 2.49 in the next quarter and is forecasted to reach 10.64 in one year’s time.
Technical Analysis of J.M. Smucker Co. (SJM)
Looking closely at J.M. Smucker Co. (NYSE: SJM), its last 5-days average volume was 0.58 million, which is a drop from its year-to-date volume of 1.18 million. As of the previous 9 days, the stock’s Stochastic %D was 51.53%. Additionally, its Average True Range was 2.19.
During the past 100 days, J.M. Smucker Co.’s (SJM) raw stochastic average was set at 79.75%, which indicates a significant increase from 71.19% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 16.38% in the past 14 days, which was lower than the 22.95% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $119.01, while its 200-day Moving Average is $119.08. However, in the short run, J.M. Smucker Co.’s stock first resistance to watch stands at $122.29. Second resistance stands at $124.03. The third major resistance level sits at $125.99. If the price goes on to break the first support level at $118.59, it is likely to go to the next support level at $116.63. Should the price break the second support level, the third support level stands at $114.89.
J.M. Smucker Co. (NYSE: SJM) Key Stats
There are 106,195K outstanding shares of the company, which has a market capitalization of 12.83 billion. As of now, sales total 8,179 M while income totals 744,000 K. Its latest quarter income was 2,125 M while its last quarter net income were 185,000 K.
