107.30 0.00 (0.00%)
After hours: 6:07PM EST
|Bid||107.21 x 800|
|Ask||107.31 x 800|
|Day's Range||106.88 - 107.79|
|52 Week Range||91.32 - 128.43|
|Beta (3Y Monthly)||0.41|
|PE Ratio (TTM)||21.89|
|Forward Dividend & Yield||3.52 (3.30%)|
|1y Target Est||N/A|
The financial regulations require hedge funds and wealthy investors that exceeded the $100 million equity holdings threshold to file a report that shows their positions at the end of every quarter. Even though it isn't the intention, these filings to a certain extent level the playing field for ordinary investors. The latest round of 13F […]
Despite the phenomenal performance of food companies, Smucker continues to underperform with weak results, increasing price pressure and no near-term catalyst Continue reading...
On Wednesday, investors were introduced to some volatility as trade-war worries escalated. However, those fears didn't follow through much on Thursday or Friday, as the indices were relatively calm. Here's a look at a few top stock trades to get ready for next week. Top Stock Trades for Tomorrow No. 1: Gap (GPS)Source: Chart courtesy of StockCharts.comAfter earnings yesterday, Gap (NYSE:GPS) started today's trading by dropping, but the stock rebounded and moved higher on Friday.By rebounding in the manner that it did, GPS stock cemented a level of support worth keeping an eye on. That comes into play at $16. That was roughly the low from Thursday, too, and a look at the daily chart reveals the significance of this mark over the past few months.InvestorPlace - Stock Market News, Stock Advice & Trading TipsBulls who are long GPS need to see shares hold up over this mark. Below can usher in more selling, potentially down to the 52-week low. * 7 Companies Using Artificial Intelligence to Outperform the Market On the upside, the 50-day and 100-day moving averages are current resistance. Above those marks and a run to $19 is possible. Top Stock Trades for Tomorrow No. 2: Tesla (TSLA)Source: Chart courtesy of StockCharts.comHow interesting has Tesla (NASDAQ:TSLA) been in 2019? On Thursday evening, the automaker introduced its new pickup, the Cybertruck. To say the reviews have been mixed so far would be putting it kindly.With less than an hour left in the session, shares were down more than 6%. Above is a weekly chart, which does not show the 20-day moving average. However, if it were shown above, you'd see TSLA stock knifing through this mark at $335.65.If bulls can reclaim this mark and stabilize the stock price, then perhaps a rebound can ensue. Over $360 puts $380 on the table. However, this stock went up $100 per share in just a few weeks -- an unwind should be expected to some degree.If we get a larger pullback, it's important to give TSLA stock time to settle down and see where support comes into play. Is that near former channel resistance (purple line)? How about around $310, a post-earnings consolidation zone?There are too many question marks with this chart, but one thing is clear: Tesla stock made a pivotal move on Friday, and that means it needs time to digest that move. Top Stock Trades for Tomorrow No. 3: Splunk (SPLK)Source: Chart courtesy of StockCharts.comSplunk (NASDAQ:SPLK) stock is exploding higher, up about 10% after better-than-expected earnings. However, shares are running into a tough area of resistance.This mark comes into play between $140 to $142.50. Over this mark and SPLK stock can break out. Should resistance hold steady, we need to see where SPLK stock firms up on a pullback.Below Friday's low and a move down to $128 is possible. Let's see if we can get a shallow pullback and/or a sideways consolidation before pushing through resistance. Top Stock Trades for Tomorrow No. 4: J.M. Smucker (SJM)Source: Chart courtesy of StockCharts.comIn September, J.M. Smucker (NYSE:SJM) broke out over downtrend resistance (blue line). However, that didn't kickstart a huge bullish breakout. Instead, shares continued to tread water until reporting earnings on Friday.The move initially sent shares up to $113, launching the stock over another downtrend resistance mark (purple line) and all of its major moving averages. Man, it looked like a powerful move was being made.However, SJM stock couldn't stick the landing, giving up a bulk of its gains on the day. Over the 200-day moving average and SJM is a "cleaner" long than it is down here. Below the 50-day moving average and $102 support is on deck.Bret Kenwell is the manager and author of Future Blue Chips and is on Twitter @BretKenwell. As of this writing, Bret Kenwell did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Companies Using Artificial Intelligence to Outperform the Market * 7 Earnings Reports to Watch Next Week * 6 Retail Stocks Dropping Hard Ahead of Black Friday The post 4 Top Stock Trades for Monday: GPS, TSLA, SPLK, SJM appeared first on InvestorPlace.
Smucker (SJM) delivered earnings and revenue surprises of 6.10% and -1.47%, respectively, for the quarter ended October 2019. Do the numbers hold clues to what lies ahead for the stock?
J.M. Smucker Co on Friday signaled that improving demand in its coffee and snack segments would counter weakness in its premium dog food business, helping investors look past the Jif peanut butter maker's lowered full-year forecast. The company's shares reversed course from premarket losses to trade up 5%, as company executives also said the decline in its dog food business in the second quarter was isolated. The company has added brands such as Milk Bone and celebrity chef Rachel Ray's Nutrish through the acquisition of Big Heart Pet Brands and Ainsworth Pet Nutrition to bolster sales.
The J.M. Smucker Co. shares slid 2% in premarket trade Friday , after the distributor of Folgers and Cafe Bustelo brands missed sales estimates for its fiscal second quarter and lowered its full-year guidance. Orrville, Ohio-based Smucker said it had net income of $211.2 million, or $1.85 a share, in the quarter to Oct. 31, up from $188.5 million, or $1.66 a share, in the year-earlier period. Adjusted per-share earnings came to $2.26, ahead of the $1.97 FactSet consensus. Sales fell to $1.96 billion from $2.02 billion, below the $1.97 billion FactSet consensus. The sales decline was partly due to the sale of the company's U.S. baking business on Aug. 31. Chief Executive Mark Smucker acknowledged that the company's sales performance was below its expectations, but said cat food and pet snacks performed well, along with coffee brands. The company lowered its full-year guidance and said it now expects sales to fall 3%, compared with prior guidance of a decline of 1% to flat. It expects adjusted EPS to range from $8.10 to $8.30, down from prior guidance of $8.35 to $8.55. Shares have gained 11% in 2019, while the S&P 500 has gained 24%.
JM Smucker (NYSE: SJM ) announces its next round of earnings this Friday, November 22. Here is Benzinga's everything-that-matters guide for the Q2 earnings announcement. Earnings and Revenue Wall Street ...
Hormel Foods' (HRL) fourth0quarter fiscal 2019 results are expected to reflect challenges in the Turkey segment and input cost inflation. The Refrigerated Foods segment has likely witnessed growth.
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Smucker (SJM) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Hershey (HSY) gains from SKU rationalization efforts as well as buyouts and innovation. However, rising advertising expenses are a worry.
If you want to know who really controls The J. M. Smucker Company (NYSE:SJM), then you'll have to look at the makeup...
Smucker's (SJM) Q2 results are likely to have been hurt by the U.S. baking business divestiture. However, the Ainsworth buyout is likely to have had a positive impact.
J.M. Smucker Co. said late Wednesday Chief Financial Officer Mark Belgya will retire Sept. 1, 2020, with Tucker Marshall, the vice president of finance, succeeding him at the conclusion of Smucker's current fiscal year in May. Smucker also created a chief operating officer role and started to look for candidates for the position. Shares of Smucker were flat in the extended session after ending the regular trading day up 0.6%.
This article is written for those who want to get better at using price to earnings ratios (P/E ratios). We'll look at...
The latest 13F reporting period has come and gone, and Insider Monkey is again at the forefront when it comes to making use of this gold mine of data. Insider Monkey finished processing more than 730 13F filings submitted by hedge funds and prominent investors. These filings show these funds' portfolio positions as of June […]
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Smucker (SJM) have what it takes? Let's find out.
Smucker (SJM) gains from buyouts and partnerships. It is on track with cost-saving efforts. However, divestiture of its baking business is taking a toll on the top line.