The J. M. Smucker Company (SJM)
NYSE: SJM · IEX Real-Time Price · USD
111.64
+3.69 (3.42%)
At close: May 31, 2024, 4:00 PM
112.00
+0.36 (0.32%)
After-hours: May 31, 2024, 7:32 PM EDT
The J. M. Smucker Company Stock Forecast
Stock Price Forecast
The 13 analysts with 12-month price forecasts for SJM stock have an average target of 137.15, with a low estimate of 119 and a high estimate of 158. The average target predicts an increase of 22.85% from the current stock price of 111.64.
Analyst Consensus: Buy
* Price targets were last updated on Apr 10, 2024.
Analyst Ratings
The average analyst rating for SJM stock from 13 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 3 | 3 | 3 | 3 |
| Buy | 2 | 2 | 2 | 2 | 1 | 1 |
| Hold | 10 | 10 | 9 | 9 | 9 | 9 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 13 | 13 | 14 | 14 | 13 | 13 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| TD Cowen | TD Cowen | Strong Buy Maintains $150 → $140 | Strong Buy | Maintains | $150 → $140 | +25.40% | Apr 10, 2024 |
| Stifel | Stifel | Strong Buy Reiterates $135 | Strong Buy | Reiterates | $135 | +20.92% | Mar 12, 2024 |
| DA Davidson | DA Davidson | Hold Initiates $132 | Hold | Initiates | $132 | +18.24% | Mar 1, 2024 |
| Barclays | Barclays | Hold Maintains $129 → $132 | Hold | Maintains | $129 → $132 | +18.24% | Feb 29, 2024 |
| Citigroup | Citigroup | Strong Buy Maintains $153 → $152 | Strong Buy | Maintains | $153 → $152 | +36.15% | Feb 28, 2024 |
Financial Forecast
Revenue This Year
8.30B
from 8.53B
Decreased by -2.66%
Revenue Next Year
9.12B
from 8.30B
Increased by 9.83%
EPS This Year
9.70
from -0.86
EPS Next Year
10.30
from 9.70
Increased by 6.12%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 8.7B | 9.7B | 10.0B | 10.3B | 10.6B |
| Avg | 8.3B | 9.1B | 9.3B | 9.6B | 9.8B |
| Low | 8.0B | 8.7B | 8.8B | 9.1B | 9.2B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 1.8% | 17.3% | 9.2% | 10.3% | 9.9% |
| Avg | -2.7% | 9.8% | 1.9% | 3.3% | 2.2% |
| Low | -5.9% | 5.0% | -3.6% | -2.4% | -4.3% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 10.25 | 10.82 | 12.02 | 12.23 | 12.93 |
| Avg | 9.70 | 10.30 | 10.92 | 11.53 | 12.10 |
| Low | 9.31 | 9.78 | 10.09 | 10.96 | 11.42 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | - | 11.5% | 16.8% | 12.0% | 12.1% |
| Avg | - | 6.1% | 6.0% | 5.6% | 5.0% |
| Low | - | 0.8% | -2.0% | 0.4% | -0.9% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.