The Scotts Miracle-Gro Company (SMG)
NYSE: SMG · IEX Real-Time Price · USD
66.74
-1.22 (-1.80%)
Apr 19, 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 74, with a low estimate of 60 and a high estimate of 85. The average target predicts an increase of 10.88% from the current stock price of 66.74.
Analyst Consensus: Hold
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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
---|---|---|---|---|---|---|
Strong Buy | 2 | 2 | 2 | 2 | 1 | 0 |
Buy | 2 | 2 | 2 | 2 | 2 | 2 |
Hold | 3 | 3 | 3 | 3 | 4 | 4 |
Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Total | 7 | 7 | 7 | 7 | 7 | 6 |
Latest Forecasts
Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
---|---|---|---|---|---|---|---|
Truist Securities | Truist Securities | Strong Buy → Hold Downgrades $65 → $75 | Strong Buy → Hold | Downgrades | $65 → $75 | +12.38% | Apr 5, 2024 |
JP Morgan | JP Morgan | Buy Maintains $70 → $85 | Buy | Maintains | $70 → $85 | +27.36% | 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 | -2.61% | Mar 4, 2024 |
Stifel | Stifel | Hold Maintains $49 → $45 | Hold | Maintains | $49 → $45 | -32.57% | Feb 5, 2024 |
Financial Forecast
Revenue This Year
3.65B
from 3.55B
Increased by 2.72%
Revenue Next Year
3.74B
from 3.65B
Increased by 2.55%
EPS This Year
2.81
from -6.79
EPS Next Year
3.89
from 2.81
Increased by 38.09%
Revenue Forecast
Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | 3.9B | 4.1B | 4.1B | 4.5B | 4.6B |
Avg | 3.6B | 3.7B | 3.8B | 4.3B | 4.5B |
Low | 3.4B | 3.5B | 3.6B | 4.2B | 4.3B |
Revenue Growth
Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | 10.4% | 11.0% | 9.6% | 17.4% | 7.1% |
Avg | 2.7% | 2.5% | 2.3% | 12.9% | 3.0% |
Low | -4.1% | -4.9% | -4.1% | 9.6% | -0.0% |
EPS Forecast
EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | 3.43 | 5.42 | 6.47 | 6.96 | 7.72 |
Avg | 2.81 | 3.89 | 5.00 | 6.70 | 7.42 |
Low | 2.45 | 2.62 | 3.76 | 6.50 | 7.20 |
EPS Growth
EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | - | 92.6% | 66.5% | 39.2% | 15.3% |
Avg | - | 38.1% | 28.8% | 33.8% | 10.9% |
Low | - | -7.0% | -3.1% | 29.9% | 7.6% |
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.