Scotts Miracle-Gro Company (NYSE: SMG) kicked off on Tuesday, down -0.24% from the previous trading day, before settling in for the closing price of $74.84. Over the past 52 weeks, SMG has traded in a range of $53.43-$93.90.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Basic Materials sector was 4.07%. While this was happening, its average annual earnings per share was recorded 48.22%. With a float of $42.73 million, this company’s outstanding shares have now reached $56.50 million.
Considering the fact that the conglomerate employs 5500 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 26.35%, operating margin of 8.56%, and the pretax margin is -0.66%.
Scotts Miracle-Gro Company (SMG) Insider Activity
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 77.15%. 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) Earnings and Forecasts
In the latest quarterly report, which was put into the public domain on 9/30/2024, the organization reported -1.45 earnings per share (EPS), higher than consensus estimate (set at -1.47) by 0.02. Wall Street market experts anticipate that the next fiscal year will bring earnings of 3.96 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 48.22% 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 0.52. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.19. Likewise, its price to free cash flow for the trailing twelve months is 7.27.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.69, a number that is poised to hit -1.23 in the next quarter and is forecasted to reach 4.30 in one year’s time.
Technical Analysis of Scotts Miracle-Gro Company (SMG)
Compared to the last year’s volume of 0.82 million, its volume of 0.75 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 39.02%. Additionally, its Average True Range was 3.00.
During the past 100 days, Scotts Miracle-Gro Company’s (SMG) raw stochastic average was set at 43.14%, which indicates a significant increase from 16.20% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 98.71% in the past 14 days, which was higher than the 51.77% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $81.61, while its 200-day Moving Average is $70.96. Nevertheless, the first resistance level for the watch stands at $75.52 in the near term. At $76.39, the stock is likely to face the second major resistance level. The third major resistance level sits at $77.12. If the price goes on to break the first support level at $73.92, it is likely to go to the next support level at $73.19. Should the price break the second support level, the third support level stands at $72.32.
Scotts Miracle-Gro Company (NYSE: SMG) Key Stats
The company with the Market Capitalisation of 4.24 billion has total of 56,821K Shares Outstanding. Its annual sales at the moment are 3,553 M in contrast with the sum of -34,900 K annual income. Company’s last quarter sales were recorded 414,700 K and last quarter income was -244,000 K.
