Scotts Miracle-Gro Company (NYSE: SMG) kicked off on Friday, up 3.08% from the previous trading day, before settling in for the closing price of $86.98. Over the past 52 weeks, SMG has traded in a range of $47.78-$91.09.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
A company in the Basic Materials sector has jumped its sales by 5.07% annually for the last half of the decade. While this was happening, its average annual earnings per share was recorded 115.35%. With a float of $42.73 million, this company’s outstanding shares have now reached $56.50 million.
In an organization with 5500 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 25.4%, operating margin of 2.96%, and the pretax margin is -7.75%.
Scotts Miracle-Gro Company (SMG) Insider and Institutional Ownership
Our next focus will be how large-scale investors are participating in this stock of the Agricultural Inputs Industry. The insider ownership of Scotts Miracle-Gro Company is 24.80%, while institutional ownership is 81.08%. The most recent insider transaction that took place on Aug 21 ’24, was worth 211,931. In this transaction EVP and COO of this company sold 2,988 shares at a rate of $70.93, taking the stock ownership to the 37,920 shares. Before that another transaction happened on Aug 22 ’24, when Company’s EVP and COO sold 928 for $70.57, making the entire transaction worth $65,490. This insider now owns 36,993 shares in total.
Scotts Miracle-Gro Company (SMG) Latest Financial update
In the latest quarterly report, which was put into the public domain on 6/30/2024, the organization reported -2.77 earnings per share (EPS), higher than consensus estimate (set at -2.88) by 0.11. Wall Street market experts anticipate that the next fiscal year will bring earnings of -1.23 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 115.35% per share during the next fiscal year.
Scotts Miracle-Gro Company (NYSE: SMG) Trading Performance Indicators
Take a look at Scotts Miracle-Gro Company’s (SMG) current performance indicators. Last quarter, stock had a quick ratio of 1.09. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.50. Likewise, its price to free cash flow for the trailing twelve months is 5.26.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -4.73, a number that is poised to hit -1.95 in the next quarter and is forecasted to reach 3.75 in one year’s time.
Technical Analysis of Scotts Miracle-Gro Company (SMG)
Let’s dig in a bit further. During the last 5-days, its volume was 0.48 million. That was inferior than the volume of 0.79 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 56.68%. Additionally, its Average True Range was 2.19.
During the past 100 days, Scotts Miracle-Gro Company’s (SMG) raw stochastic average was set at 95.39%, which indicates a significant increase from 72.66% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 24.51% in the past 14 days, which was lower than the 37.19% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $79.92, while its 200-day Moving Average is $69.80. However, in the short run, Scotts Miracle-Gro Company’s stock first resistance to watch stands at $90.75. Second resistance stands at $91.84. The third major resistance level sits at $93.54. If the price goes on to break the first support level at $87.96, it is likely to go to the next support level at $86.27. The third support level lies at $85.18 if the price breaches the second support level.
Scotts Miracle-Gro Company (NYSE: SMG) Key Stats
The company with the Market Capitalisation of 5.25 billion has total of 56,821K Shares Outstanding. Its annual sales at the moment are 3,551 M in contrast with the sum of -380,100 K annual income. Company’s last quarter sales were recorded 1,202 M and last quarter income was 132,100 K.
