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Home โบ Stocks โบ Scotts Miracle-Gro Co. (SMG) Stock Forecast & Price Prediction United States | NYSE | Basic Materials | Agricultural Inputs
$62.47
+1.39 (2.28%)10 Quality Stocks Worth Considering Now
Researching Scotts Miracle-Gro (SMG) after the drop? Our ex-Goldman Sachs analyst reveals if it made our list of 10 oversold quality stocks with strong growth potential.
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Based on our analysis of 9 Wall Street analysts, SMG has a bullish consensus with a median price target of $67.00 (ranging from $54.00 to $90.00). The overall analyst rating is Strong Buy (8.5/10). Currently trading at $62.47, the median forecast implies a 7.3% upside. This outlook is supported by 8 Buy, 3 Hold, and 0 Sell ratings.
The most optimistic forecast comes from Bill Chappell at Truist Securities, projecting a 44.1% upside. Conversely, the most conservative target is provided by Peter Grom at UBS, suggesting a 13.6% downside.
Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.
These are the latest 20 analyst ratings and price targets for SMG.
Date | Firm | Analyst | Rating | Change | Price Target |
---|---|---|---|---|---|
May 13, 2025 | Wells Fargo | Chris Carey | Overweight | Maintains | $67.00 |
May 1, 2025 | JP Morgan | Jeffrey Zekauskas | Overweight | Maintains | $65.00 |
May 1, 2025 | UBS | Peter Grom | Neutral | Maintains | $54.00 |
Apr 17, 2025 | UBS | Peter Grom | Neutral | Maintains | $55.00 |
Apr 16, 2025 | Wells Fargo | Chris Carey | Overweight | Maintains | $65.00 |
Apr 7, 2025 | Jefferies | Jonathan Matuszewski | Buy | Upgrade | $69.00 |
Apr 2, 2025 | Truist Securities | Bill Chappell | Buy | Upgrade | $70.00 |
Apr 2, 2025 | Wells Fargo | Chris Carey | Overweight | Maintains | $70.00 |
Mar 4, 2025 | Stifel | W. Andrew Carter | Buy | Upgrade | $70.00 |
Jan 16, 2025 | UBS | Peter Grom | Neutral | Maintains | $72.00 |
Jan 7, 2025 | Wells Fargo | Chris Carey | Overweight | Maintains | $80.00 |
Dec 9, 2024 | Jefferies | Jonathan Matuszewski | Hold | Initiates | $72.00 |
Nov 8, 2024 | Truist Securities | Bill Chappell | Hold | Maintains | $70.00 |
Nov 7, 2024 | UBS | Peter Grom | Neutral | Maintains | $77.00 |
Nov 7, 2024 | JP Morgan | Jeffrey Zekauskas | Overweight | Maintains | $80.00 |
Nov 7, 2024 | Wells Fargo | Chris Carey | Overweight | Maintains | $85.00 |
Nov 4, 2024 | Stifel | W. Andrew Carter | Hold | Maintains | $81.00 |
Oct 16, 2024 | Truist Securities | Bill Chappell | Hold | Maintains | $90.00 |
Aug 2, 2024 | Stifel | W. Andrew Carter | Hold | Maintains | $75.00 |
Aug 1, 2024 | Wells Fargo | Chris Carey | Overweight | Maintains | $85.00 |
The following stocks are similar to Scotts Miracle-Gro based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.
Scotts Miracle-Gro Co. has a market capitalization of $3.53B with a P/E ratio of 105.3x. The company generates $3.45B in trailing twelve-month revenue with a 1.0% profit margin.
Revenue growth is -6.8% quarter-over-quarter, while maintaining an operating margin of +25.7% and return on equity of +8.9%.
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Manufacturer and seller of lawn and garden products.
The company generates revenue by producing and selling a diverse range of consumer lawn, garden, and pest control products, which include fertilizers, plant food, potting soil, and weed control solutions. Its subsidiary, Hawthorne Gardening Company, further expands its market reach by focusing on the hydroponics sector, catering specifically to the cannabis and controlled-environment agriculture markets.
Founded in 1868 and based in Marysville, Ohio, Scotts Miracle-Gro Co. is committed to sustainable gardening practices and innovation in plant health and nutrition, making it a significant player in the agricultural and home improvement sectors.
Basic Materials
Agricultural Inputs
5,300
Mr. James S. Hagedorn
United States
1992
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SMG's U.S. Consumer unit reported a decline in Q2 sales due to a colder and slower start to the lawn and garden season.
The decline in Q2 sales for SMG's U.S. Consumer unit signals potential revenue challenges, affecting profitability and future growth projections, which may impact stock performance.
Since 2018, the legal cannabis industry has faced challenges due to regulations, but there are signs of resilience among operators, particularly non-MSO and family-run farms.
The cannabis industry's growth since 2018, despite regulatory challenges, signals potential for recovery and investment opportunities in legal operators, especially amid evolving market dynamics.
Scotts Miracle-Gro (SMG) stock is declining despite reporting a strong second quarter, as discussed by CEO Jim Hagedorn in a recent interview.
Scotts Miracle-Gro's stock decline, despite strong earnings, signals potential investor skepticism about future growth or broader market concerns, impacting sentiment and valuations.
Scotts Miracle Gro (SMG) reported Q2 2025 adjusted EPS of $3.98, an 8% increase, surpassing the consensus estimate of $3.95.
Scotts Miracle Gro's better-than-expected earnings indicate strong performance, potentially boosting investor confidence and impacting stock prices positively.
Scotts Miracle-Gro (NYSE: SMG) will hold its Q2 2025 earnings conference call on April 30, 2025, at 9:00 AM ET, featuring key executives and analysts.
The earnings call provides insights on Scotts Miracle-Gro's financial performance, which can influence stock price and investor sentiment based on growth, challenges, and strategic direction.
Scotts Miracle-Gro (NYSE: SMG) reaffirms full-year guidance. Q2 2025 GAAP EPS was $3.72. Adjusted EBITDA rose to $402.8M. Net leverage improved to 4.41x from 6.95x. Consumer POS units up 12%.
The reaffirmation of sales and margin guidance, alongside improved earnings and reduced leverage, indicates financial stability and growth potential, positively influencing investor confidence and stock performance.
Based on our analysis of 9 Wall Street analysts, Scotts Miracle-Gro Co. (SMG) has a median price target of $67.00. The highest price target is $90.00 and the lowest is $54.00.
According to current analyst ratings, SMG has 8 Buy ratings, 3 Hold ratings, and 0 Sell ratings. The stock is currently trading at $62.47. Always conduct your own research and consider your investment goals before making investment decisions.
Wall Street analysts predict SMG stock could reach $67.00 in the next 12 months. This represents a 7.3% increase from the current price of $62.47. Please note that this is a projection by Wall Street analysts and not a guarantee.
The company generates revenue by producing and selling a diverse range of consumer lawn, garden, and pest control products, which include fertilizers, plant food, potting soil, and weed control solutions. Its subsidiary, Hawthorne Gardening Company, further expands its market reach by focusing on the hydroponics sector, catering specifically to the cannabis and controlled-environment agriculture markets.
The highest price target for SMG is $90.00 from Bill Chappell at Truist Securities, which represents a 44.1% increase from the current price of $62.47.
The lowest price target for SMG is $54.00 from Peter Grom at UBS, which represents a -13.6% decrease from the current price of $62.47.
The overall analyst consensus for SMG is bullish. Out of 9 Wall Street analysts, 8 rate it as Buy, 3 as Hold, and 0 as Sell, with a median price target of $67.00.
Stock price projections, including those for Scotts Miracle-Gro Co., are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.
The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.