The Scotts Miracle-Gro Company (SMG)

SMG Stock Forecast

Stock Price Forecast

The 6 analysts with 12-month price forecasts for SMG stock have an average target of 77.5, with a low estimate of 70 and a high estimate of 85. The average target predicts an increase of 13.11% from the current stock price of 68.52.

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$70	$77.5	$80	$85
Change	+2.16%	+13.11%	+16.75%	+24.05%

Analyst Ratings

The average analyst rating for SMG stock from 7 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating	Jul '24	Aug '24	Sep '24	Oct '24	Nov '24	Dec '24
Strong Buy	0	0	0	0	0	0
Buy	2	2	2	2	2	2
Hold	4	4	4	3	4	5
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	6	6	6	5	6	7

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Jonathan Matuszewski Jefferies	Jefferies	Hold Initiates $72	Hold	Initiates	$72	+5.08%	Dec 9, 2024
Bill Chappell Truist Securities	Truist Securities	Hold Maintains $90 → $70	Hold	Maintains	$90 → $70	+2.16%	Nov 8, 2024
Jeffrey Zekauskas JP Morgan	JP Morgan	Buy Maintains $85 → $80	Buy	Maintains	$85 → $80	+16.75%	Nov 7, 2024
Peter Grom UBS	UBS	Hold Maintains $90 → $77	Hold	Maintains	$90 → $77	+12.38%	Nov 7, 2024
Chris Carey Wells Fargo	Wells Fargo	Buy Maintains $95 → $85	Buy	Maintains	$95 → $85	+24.05%	Nov 7, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

3.59B

Increased by 0.97%

from 3.55B

Revenue Next Year

3.68B

Increased by 2.59%

from 3.59B

EPS This Year

3.26

from -0.61

EPS Next Year

4.17

Increased by 27.79%

from 3.26

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Sep 30, 2020	Sep 30, 2021	Sep 30, 2022	Sep 30, 2023	Sep 30, 2024	Sep 30, 2025	Sep 30, 2026	Sep 30, 2027
Revenue	4.13B	4.93B	3.92B	3.55B	3.55B	3.59B	3.68B	3.76B
Revenue Growth	30.91%	19.20%	-20.32%	-9.50%	0.04%	0.97%	2.59%	2.28%
EPS	6.81	8.96	-7.88	-6.79	-0.61	3.26	4.17	4.82
EPS Growth	-16.82%	31.60%	-	-	-	-	27.79%	15.60%
Forward PE	-	-	-	-	-	21.02	16.45	14.23
No. Analysts	-	-	-	-	-	12	11	7

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2025	2026	2027	2028	2029
High	3.8B	3.9B	4.0B
Avg	3.6B	3.7B	3.8B
Low	3.4B	3.5B	3.6B

Revenue Growth

Revenue Growth	2025	2026	2027	2028	2029
High	6.5%	9.2%	9.0%
Avg	1.0%	2.6%	2.3%
Low	-3.3%	-2.5%	-2.7%

EPS Forecast

EPS	2025	2026	2027	2028	2029
High	3.78	5.00	6.28
Avg	3.26	4.17	4.82
Low	2.67	3.19	3.76

EPS Growth

EPS Growth	2025	2026	2027	2028	2029
High	-	53.3%	50.7%
Avg	-	27.8%	15.6%
Low	-	-2.3%	-9.7%

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.