Scotts Miracle Gro Stock Analysis

SMG Stock  USD 67.75  0.09  0.13%   
Scotts Miracle Gro is overvalued with Real Value of 64.25 and Target Price of 62.29. The main objective of Scotts Miracle stock analysis is to determine its intrinsic value, which is an estimate of what Scotts Miracle Gro is worth, separate from its market price. There are two main types of Scotts Miracle's stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect Scotts Miracle's performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of Scotts Miracle's stock to identify patterns and trends that may indicate its future price movements.
The Scotts Miracle stock is traded in the USA on New York Stock Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Scotts Miracle is usually not traded on Thanksgiving Day, Christmas Day, New Year 's Day, Dr . Martin Luther King Jr 's Birthday, Washington 's Birthday, Good Friday, Memorial Day, Juneteenth Holiday, Independence Day, Labour Day. Scotts Stock trading window is adjusted to America/New York timezone. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and Scotts Miracle's ongoing operational relationships across important fundamental and technical indicators.
  
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Scotts Miracle Gro. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.

Scotts Stock Analysis Notes

About 25.0% of the company outstanding shares are owned by corporate insiders. The company has Price/Earnings To Growth (PEG) ratio of 0.98. Scotts Miracle Gro recorded a loss per share of 7.04. The entity last dividend was issued on the 23rd of May 2024. The firm had 2:1 split on the 10th of November 2005. The Scotts Miracle-Gro Company engages in the manufacture, marketing, and sale of products for lawn, garden care, and indoor and hydroponic gardening in the United States and internationally. The Scotts Miracle-Gro Company was founded in 1868 and is headquartered in Marysville, Ohio. Scotts Miracle-Gro operates under Agricultural Inputs classification in the United States and is traded on New York Stock Exchange. It employs 7300 people. To find out more about Scotts Miracle Gro contact James Hagedorn at 937 644 0011 or learn more at https://scottsmiraclegro.com.

Scotts Miracle Quarterly Total Revenue

410.4 Million

Scotts Miracle Gro Investment Alerts

Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Scotts Miracle's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Scotts Miracle Gro or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
The company reported the last year's revenue of 3.55 B. Reported Net Loss for the year was (380.1 M) with profit before taxes, overhead, and interest of 843 M.
Over 77.0% of the company shares are owned by institutional investors
On 8th of March 2024 Scotts Miracle paid $ 0.66 per share dividend to its current shareholders
Latest headline from zacks.com: LyondellBasell to Post Q1 Earnings Whats in Store

Scotts Miracle Gro Upcoming and Recent Events

Earnings reports are used by Scotts Miracle to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Scotts Miracle previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
7th of February 2024
Upcoming Quarterly Report
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1st of May 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
6th of November 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
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30th of September 2023
Last Financial Announcement
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Scotts Largest EPS Surprises

Earnings surprises can significantly impact Scotts Miracle's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2003-10-30
2003-09-300.020.01-0.0150 
1998-10-22
1998-09-30-0.15-0.17-0.0213 
1997-01-22
1996-12-31-0.19-0.170.0210 
View All Earnings Estimates

Scotts Miracle Thematic Classifications

In addition to having Scotts Miracle stock in your portfolios, you can add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
Chemicals Idea
Chemicals
USA Equities from Chemicals industry as classified by Fama & French
Cannabis Idea
Cannabis
Companies involved in production or distribution of medical cannabis
Marijuana Idea
Marijuana
Entities with exposure to distribution of Marijuana

Scotts Stock Institutional Investors

Have you ever been surprised when a price of an equity instrument such as Scotts Miracle is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Scotts Miracle Gro backward and forwards among themselves. Scotts Miracle's institutional investor refers to the entity that pools money to purchase Scotts Miracle's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares
Amvescap Plc.2023-12-31
661.1 K
Geode Capital Management, Llc2023-12-31
646 K
Deprince Race & Zollo Inc2023-12-31
628.7 K
Envestnet Asset Management Inc2023-12-31
602.7 K
Bank Of New York Mellon Corp2023-12-31
586.3 K
Raymond James & Associates2023-12-31
578.5 K
Morgan Stanley - Brokerage Accounts2023-12-31
563.1 K
Charles Schwab Investment Management Inc2023-12-31
545.3 K
Norges Bank2023-12-31
434.5 K
Kayne Anderson Rudnick Investment Management Llc2023-12-31
4.9 M
Vanguard Group Inc2023-12-31
4.6 M
Note, although Scotts Miracle's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Scotts Market Capitalization

The company currently falls under 'Mid-Cap' category with a total capitalization of 3.84 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Scotts Miracle's market, we take the total number of its shares issued and multiply it by Scotts Miracle's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Scotts Profitablity

Scotts Miracle's profitability indicators refer to fundamental financial ratios that showcase Scotts Miracle's ability to generate income relative to its revenue or operating costs. If, let's say, Scotts Miracle is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Scotts Miracle's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Scotts Miracle's profitability requires more research than a typical breakdown of Scotts Miracle's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Net Profit Margin of (0.12) %, which means that it does not effectively control expenditures or properly executes on its pricing strategies. This is way below average. In the same way, it shows Net Operating Margin of (0.13) %, which entails that for every $100 of revenue, it lost $0.13.
Last ReportedProjected for Next Year
Return On Tangible Assets(0.13)(0.12)
Return On Capital Employed(0.06)(0.06)
Return On Assets(0.10)(0.1)
Return On Equity 1.64  1.72 

Management Efficiency

Scotts Miracle Gro has Return on Asset of 0.0398 % which means that on every $100 spent on assets, it made $0.0398 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of (0.4764) %, meaning that it generated no profit with money invested by stockholders. Scotts Miracle's management efficiency ratios could be used to measure how well Scotts Miracle manages its routine affairs as well as how well it operates its assets and liabilities. The Scotts Miracle's current Return On Equity is estimated to increase to 1.72, while Return On Tangible Assets are forecasted to increase to (0.12). At this time, Scotts Miracle's Intangible Assets are most likely to increase significantly in the upcoming years. The Scotts Miracle's current Other Assets is estimated to increase to about 764.5 M, while Non Current Assets Total are projected to decrease to roughly 1.3 B.
Last ReportedProjected for Next Year
Book Value Per Share(4.30)(4.08)
Net Current Asset Value 0.00  0.00 
Tangible Asset Value 0.00  0.00 
Tangible Book Value Per Share(19.47)(18.49)
Enterprise Value Over EBITDA 50.35  52.87 
Price Book Value Ratio(9.74)(9.26)
Enterprise Value Multiple 50.35  52.87 
Price Fair Value(9.74)(9.26)
Enterprise Value3.2 B1.6 B
The analysis of Scotts Miracle's management efficiency is an essential part of evaluating and assessing the financial and operational performance of the entity. It is also vital to analyze Scotts Miracle's future growth prospects and the overall market conditions to determine the value and potential of its stock. The analysis involves studying a range of financial metrics such as revenue, earnings, profit margins, cash flow, debt, market share, and external factors such as economic trends, industry outlook, competition, and government regulations. The goal of Scotts Stock analysis is to determine whether it is undervalued, fairly valued, or overvalued and to make informed investment decisions.
Dividend Yield
0.039
Forward Dividend Yield
0.039
Forward Dividend Rate
2.64
Beta
1.683

Technical Drivers

As of the 29th of April, Scotts Miracle has the Coefficient Of Variation of 839.94, risk adjusted performance of 0.0817, and Semi Deviation of 2.29. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Scotts Miracle Gro, as well as the relationship between them. In other words, you can use this information to find out if the company will indeed mirror its model of past prices and volume data, or the prices will eventually revert. We have collected data for nineteen technical drivers for Scotts Miracle Gro, which can be compared to its competition. Please validate Scotts Miracle Gro variance, value at risk, as well as the relationship between the Value At Risk and skewness to decide if Scotts Miracle is priced more or less accurately, providing market reflects its prevalent price of 67.75 per share. Given that Scotts Miracle Gro has jensen alpha of 0.0909, we advise you to double-check Scotts Miracle Gro's current market performance to make sure the company can sustain itself at a future point.

Scotts Miracle Gro Price Movement Analysis

Execute Study
The output start index for this execution was thirty-five with a total number of output elements of twenty-six. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Scotts Miracle middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Scotts Miracle Gro. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.

Scotts Miracle Gro Insider Trading Activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Scotts Miracle insiders, such as employees or executives, is commonly permitted as long as it does not rely on Scotts Miracle's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Scotts Miracle insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.

Scotts Miracle Outstanding Bonds

Scotts Miracle issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Scotts Miracle Gro uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Scotts bonds can be classified according to their maturity, which is the date when Scotts Miracle Gro has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.

Scotts Miracle Predictive Daily Indicators

Scotts Miracle intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Scotts Miracle stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

Scotts Miracle Corporate Filings

F4
9th of April 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
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8K
4th of April 2024
Report filed with the SEC to announce major events that shareholders should know about
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F4
2nd of April 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
F4
28th of March 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
F4
12th of March 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
13A
11th of March 2024
An amended filing to the original Schedule 13G
ViewVerify
F4
6th of March 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
F4
1st of March 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify

Scotts Miracle Forecast Models

Scotts Miracle's time-series forecasting models are one of many Scotts Miracle's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Scotts Miracle's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

About Scotts Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Scotts Miracle prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Scotts shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Scotts Miracle. By using and applying Scotts Stock analysis, traders can create a robust methodology for identifying Scotts entry and exit points for their positions.
Last ReportedProjected for Next Year
Pretax Profit Margin(0.13)(0.11)
Operating Profit Margin(0.04)(0.04)
Net Loss(0.1)(0.09)
Gross Profit Margin 0.21  0.42 

Current Scotts Analysis - Recommendations

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Scotts analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Scotts analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target PriceAdvice# of Analysts
62.29Buy10Odds
Scotts Miracle Gro current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Scotts analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Scotts stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Scotts Miracle Gro, talking to its executives and customers, or listening to Scotts conference calls.
Scotts Analyst Advice Details

Scotts Stock Analysis Indicators

Scotts Miracle Gro stock analysis indicators help investors evaluate how Scotts Miracle stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Scotts Miracle shares will generate the highest return on investment. By understating and applying Scotts Miracle stock analysis, traders can identify Scotts Miracle position entry and exit signals to maximize returns.
Begin Period Cash Flow86.8 M
Long Term Debt2.6 B
Common Stock Shares Outstanding56 M
Total Stockholder Equity-267.3 M
Total Cashflows From Investing Activities-65.7 M
Tax Provision-73.2 M
Quarterly Earnings Growth Y O Y-0.607
Property Plant And Equipment Net610.3 M
Cash And Short Term Investments31.9 M
Cash31.9 M
Accounts Payable271.2 M
Net Debt2.6 B
50 Day M A67.6616
Total Current Liabilities773.7 M
Other Operating Expenses3.4 B
Non Current Assets TotalB
Forward Price Earnings21.1416
Non Currrent Assets Other443.3 M
Stock Based Compensation68.9 M
When determining whether Scotts Miracle Gro is a strong investment it is important to analyze Scotts Miracle's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Scotts Miracle's future performance. For an informed investment choice regarding Scotts Stock, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Scotts Miracle Gro. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.
You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.

Complementary Tools for Scotts Stock analysis

When running Scotts Miracle's price analysis, check to measure Scotts Miracle's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Scotts Miracle is operating at the current time. Most of Scotts Miracle's value examination focuses on studying past and present price action to predict the probability of Scotts Miracle's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Scotts Miracle's price. Additionally, you may evaluate how the addition of Scotts Miracle to your portfolios can decrease your overall portfolio volatility.
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Is Scotts Miracle's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Scotts Miracle. If investors know Scotts will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Scotts Miracle listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.61)
Dividend Share
2.64
Earnings Share
(7.04)
Revenue Per Share
61.014
Quarterly Revenue Growth
(0.22)
The market value of Scotts Miracle Gro is measured differently than its book value, which is the value of Scotts that is recorded on the company's balance sheet. Investors also form their own opinion of Scotts Miracle's value that differs from its market value or its book value, called intrinsic value, which is Scotts Miracle's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Scotts Miracle's market value can be influenced by many factors that don't directly affect Scotts Miracle's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Scotts Miracle's value and its price as these two are different measures arrived at by different means. Investors typically determine if Scotts Miracle is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Scotts Miracle's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.