J.M. Smucker Co (NYSE: SJM) kicked off on Tuesday, up 5.69% from the previous trading day, before settling in for the closing price of $113.62. Over the past 52 weeks, SJM has traded in a range of $105.69-$134.62.
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A company in the Consumer Defensive sector has jumped its sales by 0.92% annually for the last half of the decade. While this was happening, its average annual earnings per share was recorded -1.13%. With a float of $103.72 million, this company’s outstanding shares have now reached $106.19 million.
In an organization with 9000 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 37.81%, operating margin of 13.86%, and the pretax margin is 9.3%.
J.M. Smucker Co (SJM) Insider and Institutional Ownership
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 2.52%, while institutional ownership is 82.77%. 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) Latest Financial update
In the latest quarterly report, which was put into the public domain on 10/31/2024, the organization reported 2.48 earnings per share (EPS), higher than consensus estimate (set at 2.27) by 0.21. Wall Street market experts anticipate that the next fiscal year will bring earnings of 2.38 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -1.13% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 6.14% 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 0.27. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.45. Likewise, its price to free cash flow for the trailing twelve months is 13.99.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 4.95, a number that is poised to hit 2.43 in the next quarter and is forecasted to reach 10.58 in one year’s time.
Technical Analysis of J.M. Smucker Co (SJM)
Let’s dig in a bit further. During the last 5-days, its volume was 2.03 million. That was better than the volume of 1.18 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 81.05%. Additionally, its Average True Range was 3.06.
During the past 100 days, J.M. Smucker Co’s (SJM) raw stochastic average was set at 72.30%, which indicates a significant increase from 72.30% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 33.60% in the past 14 days, which was higher than the 23.06% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $116.44, while its 200-day Moving Average is $116.80. However, in the short run, J.M. Smucker Co’s stock first resistance to watch stands at $124.15. Second resistance stands at $128.21. The third major resistance level sits at $131.01. If the price goes on to break the first support level at $117.29, it is likely to go to the next support level at $114.50. The third support level lies at $110.44 if the price breaches the second support level.
J.M. Smucker Co (NYSE: SJM) Key Stats
The company with the Market Capitalisation of 12.78 billion has total of 106,406K 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 2,125 M and last quarter income was 185,000 K.
