The Scotts Miracle-Gro Company (SMG)
NYSE: SMG · IEX Real-Time Price · USD
63.35
-0.14 (-0.22%)
Jul 2, 2024, 4:00 PM EDT - Market closed
SMG Stock Forecast
Stock Price Forecast
The 5 analysts with 12-month price forecasts for SMG stock have an average target of 73.6, with a low estimate of 60 and a high estimate of 85. The average target predicts an increase of 16.18% from the current stock price of 63.35.
Analyst Consensus: Hold
* Price targets were last updated on May 2, 2024.
Analyst Ratings
The average analyst rating for SMG stock from 6 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
Rating | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
---|---|---|---|---|---|---|
Strong Buy | 2 | 2 | 1 | 0 | 0 | 0 |
Buy | 2 | 2 | 2 | 2 | 2 | 2 |
Hold | 3 | 3 | 4 | 5 | 4 | 4 |
Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Total | 7 | 7 | 7 | 7 | 6 | 6 |
Latest Forecasts
Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
---|---|---|---|---|---|---|---|
Wells Fargo | Wells Fargo | Buy Maintains $85 → $83 | Buy | Maintains | $85 → $83 | +31.02% | May 2, 2024 |
Truist Securities | Truist Securities | Strong Buy → Hold Downgrades $65 → $75 | Strong Buy → Hold | Downgrades | $65 → $75 | +18.39% | Apr 5, 2024 |
JP Morgan | JP Morgan | Buy Maintains $70 → $85 | Buy | Maintains | $70 → $85 | +34.18% | Apr 5, 2024 |
Raymond James | Raymond James | Strong Buy → Hold Downgrades n/a | Strong Buy → Hold | Downgrades | n/a | n/a | Mar 25, 2024 |
Stifel | Stifel | Hold Maintains $55 → $65 | Hold | Maintains | $55 → $65 | +2.60% | Mar 4, 2024 |
Financial Forecast
Revenue This Year
3.59B
from 3.55B
Increased by 1.03%
Revenue Next Year
3.66B
from 3.59B
Increased by 2.12%
EPS This Year
2.60
from -6.79
EPS Next Year
3.80
from 2.60
Increased by 46.01%
Revenue Forecast
Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | 3.8B | 3.9B | 4.1B | 4.2B | 4.4B |
Avg | 3.6B | 3.7B | 3.8B | 3.9B | 4.2B |
Low | 3.4B | 3.5B | 3.6B | 3.6B | 4.1B |
Revenue Growth
Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | 6.4% | 9.5% | 11.8% | 11.7% | 11.7% |
Avg | 1.0% | 2.1% | 3.4% | 3.0% | 7.4% |
Low | -3.9% | -3.7% | -2.1% | -4.4% | 4.2% |
EPS Forecast
EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | 2.88 | 4.44 | 5.42 | 6.31 | 7.14 |
Avg | 2.60 | 3.80 | 4.80 | 5.64 | 6.87 |
Low | 2.44 | 2.97 | 4.22 | 5.05 | 6.66 |
EPS Growth
EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | - | 70.7% | 42.6% | 31.5% | 26.7% |
Avg | - | 46.0% | 26.3% | 17.5% | 21.9% |
Low | - | 14.1% | 11.2% | 5.2% | 18.2% |
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.