The Scotts Miracle-Gro Company (SMG)
NYSE: SMG · Real-Time Price · USD
87.93
-0.35 (-0.40%)
Oct 29, 2024, 4:00 PM EDT - Market closed
SMG Stock Forecast
Stock Price Forecast
The 4 analysts with 12-month price forecasts for SMG stock have an average target of 83.75, with a low estimate of 75 and a high estimate of 90. The average target predicts a decrease of -4.75% from the current stock price of 87.93.
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for SMG stock from 5 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Hold | 4 | 4 | 4 | 4 | 4 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 6 | 6 | 6 | 6 | 6 | 5 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Truist Securities | Truist Securities | Hold Maintains $65 → $90 | Hold | Maintains | $65 → $90 | +2.35% | Oct 16, 2024 |
| Stifel | Stifel | Hold Maintains $70 → $75 | Hold | Maintains | $70 → $75 | -14.70% | Aug 2, 2024 |
| Wells Fargo | Wells Fargo | Buy Maintains $75 → $85 | Buy | Maintains | $75 → $85 | -3.33% | Aug 1, 2024 |
| Wells Fargo | Wells Fargo | Buy Maintains $83 → $75 | Buy | Maintains | $83 → $75 | -14.70% | Jul 10, 2024 |
| Wells Fargo | Wells Fargo | Buy Maintains $85 → $83 | Buy | Maintains | $85 → $83 | -5.61% | May 2, 2024 |
Financial Forecast
Revenue This Year
3.58B
from 3.55B
Increased by 0.72%
Revenue Next Year
3.65B
from 3.58B
Increased by 1.96%
EPS This Year
2.73
from -6.79
EPS Next Year
3.79
from 2.73
Increased by 38.66%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 3.8B | 3.9B | 4.1B | |||
| Avg | 3.6B | 3.6B | 3.8B | |||
| Low | 3.4B | 3.5B | 3.6B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 5.6% | 9.3% | 11.7% | |||
| Avg | 0.7% | 2.0% | 3.0% | |||
| Low | -3.3% | -2.2% | -2.0% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 3.76 | 4.31 | 6.15 | |||
| Avg | 2.73 | 3.79 | 4.96 | |||
| Low | 2.45 | 3.19 | 4.06 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | - | 57.6% | 62.5% | |||
| Avg | - | 38.7% | 31.0% | |||
| Low | - | 16.6% | 7.1% |
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.