The J. M. Smucker Company (SJM)
NYSE: SJM · IEX Real-Time Price · USD
112.35
+0.17 (0.15%)
At close: Jun 18, 2024, 4:00 PM
113.20
+0.85 (0.76%)
Pre-market: Jun 20, 2024, 8:34 AM 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 132.85, with a low estimate of 119 and a high estimate of 154. The average target predicts an increase of 18.25% from the current stock price of 112.35.

Analyst Consensus: Buy
Target Low Average Median High
Price $119 $132.85 $135 $154
Change +5.92% +18.25% +20.16% +37.07%

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 Jan '24Feb '24Mar '24Apr '24May '24Jun '24
Strong Buy 133334
Buy 222111
Hold 1099998
Sell 000000
Strong Sell 000000
Total 131414131313

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Argus Research
Argus Research
Strong Buy
Maintains
$150$135
Strong Buy Maintains $150$135 +20.16% Jun 13, 2024
DA Davidson
DA Davidson
Hold
Maintains
$132$126
Hold Maintains $132$126 +12.15% Jun 10, 2024
Barclays
Barclays
Hold
Maintains
$132$123
Hold Maintains $132$123 +9.48% Jun 10, 2024
Citigroup
Citigroup
Strong Buy
Maintains
$137$139
Strong Buy Maintains $137$139 +23.72% Jun 7, 2024
TD Cowen
TD Cowen
Strong Buy
Maintains
$140$135
Strong Buy Maintains $140$135 +20.16% Jun 7, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
8.30B
from 8.53B
Decreased by -2.70%
Revenue Next Year
9.07B
from 8.30B
Increased by 9.33%
EPS This Year
9.69
from -0.86
EPS Next Year
10.13
from 9.69
Increased by 4.47%
Year 2019202020212022202320242025202620272028
Revenue
7.84B7.80B8.00B8.00B8.53B8.30B9.07B9.25B9.39B9.81B
Revenue Growth
6.54%-0.47%2.59%-0.05%6.63%-2.70%9.33%1.91%1.54%4.53%
EPS
4.526.847.795.83-0.869.6910.1311.0011.6312.10
EPS Growth
-61.63%51.33%13.89%-25.16%--4.47%8.58%5.75%4.09%
Forward PE
-----11.5911.1010.229.669.28
No. Analysts -----20201983
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025202620272028
High 8.7B 9.5B 9.7B 9.9B 10.6B
Avg 8.3B 9.1B 9.2B 9.4B 9.8B
Low 8.0B 8.8B 8.9B 8.9B 9.2B

Revenue Growth

Revenue Growth 20242025202620272028
High
1.8%
14.1%
7.3%
7.0%
12.4%
Avg
-2.7%
9.3%
1.9%
1.5%
4.5%
Low
-5.9%
5.7%
-2.2%
-3.3%
-2.1%

EPS Forecast

EPS 20242025202620272028
High 10.25 10.71 11.76 12.67 12.93
Avg 9.69 10.13 11.00 11.63 12.10
Low 9.31 9.66 9.95 10.88 11.42

EPS Growth

EPS Growth 20242025202620272028
High -
10.5%
16.1%
15.3%
11.2%
Avg -
4.5%
8.6%
5.7%
4.1%
Low -
-0.3%
-1.8%
-1.1%
-1.7%
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.