A new trading day began on Friday, with Scotts Miracle-Gro Company (NYSE: SMG) stock price down -0.88% from the previous day of trading, before settling in for the closing price of $70.85. SMG’s price has ranged from $53.43 to $93.90 over the past 52 weeks.
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
It was noted that within the last five years, the titan of the Basic Materials sector saw sales topped by 4.07%. Meanwhile, its annual earnings per share averaged 45.38%. With a float of $43.47 million, this company’s outstanding shares have now reached $57.10 million.
The extent of productivity of a business whose workforce counts for 5300 workers is very important to gauge. In terms of profitability, gross margin is 25.88%, operating margin of 8.55%, and the pretax margin is -0.66%.
Scotts Miracle-Gro Company (SMG) Insider Updates
As we move forward, let’s examine how large-scale investors are investing in this stock of the Agricultural Inputs Industry. The insider ownership of Scotts Miracle-Gro Company is 24.34%, while institutional ownership is 76.10%. The most recent insider transaction that took place on Dec 09 ’24, was worth 8,100,354. In this transaction 10% Owner of this company sold 108,550 shares at a rate of $74.62, taking the stock ownership to the 13,444,724 shares. Before that another transaction happened on Dec 09 ’24, when Company’s 10% Owner sold 108,550 for $74.62, making the entire transaction worth $8,100,354. This insider now owns 13,444,724 shares in total.
Scotts Miracle-Gro Company (SMG) Performance Highlights and Predictions
Wall Street market experts anticipate that the next fiscal year will bring earnings of 3.93 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 45.38% per share during the next fiscal year.
Scotts Miracle-Gro Company (NYSE: SMG) Trading Performance Indicators
Here are Scotts Miracle-Gro Company’s current performance indicators. According to the last quarter’s results, the 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 1.14. Likewise, its price to free cash flow for the trailing twelve months is 6.92.
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 4.14 in one year’s time.
Technical Analysis of Scotts Miracle-Gro Company (SMG)
The latest stats from [Scotts Miracle-Gro Company, SMG] show that its last 5-days average volume of 0.48 million was inferior to 0.51 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 85.96%. Additionally, its Average True Range was 2.07.
During the past 100 days, Scotts Miracle-Gro Company’s (SMG) raw stochastic average was set at 19.44%, which indicates a significant decrease from 78.54% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 25.42% in the past 14 days, which was lower than the 47.08% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $72.46, while its 200-day Moving Average is $72.35. Now, the first resistance to watch is $71.25. This is followed by the second major resistance level at $72.26. The third major resistance level sits at $72.90. If the price goes on to break the first support level at $69.59, it is likely to go to the next support level at $68.95. Assuming the price breaks the second support level, the third support level stands at $67.94.
Scotts Miracle-Gro Company (NYSE: SMG) Key Stats
With a market capitalization of 4.03 billion, the company has a total of 57,465K Shares Outstanding. Currently, annual sales are 3,553 M while annual income is -34,900 K. The company’s previous quarter sales were 414,700 K while its latest quarter income was -244,000 K.