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
Target Low Average Median High
Price $60 $74 $75 $85
Change -10.10% +10.88% +12.38% +27.36%

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 '23Dec '23Jan '24Feb '24Mar '24Apr '24
Strong Buy 222210
Buy 222222
Hold 333344
Sell 000000
Strong Sell 000000
Total 777776

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Truist Securities
Truist Securities
Hold
Downgrades
$65$75
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
Hold
Downgrades
n/a
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
More Analyst Ratings

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%
Year 2019202020212022202320242025202620272028
Revenue
3.16B4.13B4.93B3.92B3.55B3.65B3.74B3.83B4.32B4.45B
Revenue Growth
18.50%30.91%19.20%-20.32%-9.50%2.72%2.55%2.30%12.93%3.03%
EPS
8.186.818.96-7.88-6.792.813.895.006.707.42
EPS Growth
630.36%-16.75%31.57%---38.09%28.77%33.85%10.86%
No. Analysts -----1110722
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025202620272028
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 20242025202620272028
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 20242025202620272028
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 20242025202620272028
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.