|Bid||100.01 x 800|
|Ask||122.27 x 3000|
|Day's Range||120.50 - 122.85|
|52 Week Range||91.32 - 122.85|
|Beta (3Y Monthly)||0.70|
|PE Ratio (TTM)||22.15|
|Earnings Date||Jun 6, 2019|
|Forward Dividend & Yield||3.40 (2.92%)|
|1y Target Est||107.21|
Jim Cramer digs into the packaged food industry and reveals how General Mills and J.M. Smucker have rebounded after its toxic turn.
Jim Cramer says the packaged food industry had looked toxic at one point, but many of the names like General Mills and J.M. Smucker are leading a rebound.
What to Expect from Mondelēz’s First-Quarter Results(Continued from Prior Part)Analysts maintain a favorable outlook Most analysts suggest “buys” on Mondelēz (MDLZ) stock, reflecting continued strength in its base business. Mondelēz has
What to Expect from Mondelēz’s First-Quarter Results(Continued from Prior Part)Analysts’ sales estimate Analysts expect Mondelēz (MDLZ) to post revenue of $6.6 billion in the first quarter of 2019, a YoY (year-over-year) fall of 3.2%.
What to Expect from Mondelēz’s First-Quarter ResultsSales and earnings growth rate to stay lowMondelēz (MDLZ) is scheduled to announce its first-quarter earnings results on April 30. Analysts’ consensus estimates indicate that Mondelēz’s
Hormel Foods Corp. stock fell 4% in Tuesday premarket trading after the company was downgraded to underweight from neutral at J.P. Morgan due to rising hog prices. J.P. Morgan cut its price target to $36 from $40. "Hormel is heavily reliant upon pork as an input for its products (17%+ of total cost of goods sold by our estimate), and we do not think the company will be able to fully offset these cost increases through pricing," analysts wrote. Hormel products include Black Label Bacon, Real Bacon Toppings and Spam. In addition to hog prices, Jennie-O has lost more than 10% of its distribution thanks to a salmonella-related recall, and prices of Skippy peanut butter will likely come down after J.M. Smucker Co. lowered the price of Jif. Hormel stock is down 5.3% for the year to date while the the S&P 500 index is up 16%.
ORRVILLE, Ohio, April 18, 2019 /PRNewswire/ -- The J. M. Smucker Company (SJM) (the "Company") today announced that its Board of Directors has approved a $0.85 per share dividend on the common shares of the Company. The dividend will be paid on Monday, June 3, 2019, to shareholders of record at the close of business on Friday, May 17, 2019.
Why Hershey’s First-Quarter Growth Rate Could Stay Low(Continued from Prior Part)Valuation summaryHershey (HSY) is expected to benefit from innovation-driven products, core distribution gains, and brand marketing. Meanwhile, its sales and earnings
The J. M. Smucker Company (SJM) is looking like an interesting pick from a technical perspective, as the company is seeing favorable trends on the moving average crossover front.
Investment company Billeaud Capital Management, Inc. buys iShares 20+ Year Treasury Bond ETF, sells JM Smucker Co, Becton, Dickinson and Co, Nuveen AMT-Free Municipal Credit Income Fund during the 3-months ...
Zacks.com featured expert Kevin Matras highlights: J. M. Smucker, SS&C Technologies, Fifth Third, Equinix and WEX
Bulls continue to dominate the Street. Last week's muscle-flexing was simply the latest evidence of their reign. Today's gallery will help you embrace the trend by offering up three food stocks to buy.As you might expect after a week where buyers ran the table, my weekend scanning revealed uptrends galore. And many of them offer chart patterns worthy of mention. While the sector representation was as diverse as usual, I did notice one particular theme - food stocks.Pizza, burgers and jelly all made an appearance on this week's stocks to buy list. While one sits a stone's throw from record highs, the other two have only just recently gotten their mojo back.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 7 High-Risk Stocks With Big Potential Rewards All three boast lower-risk setups if you want to add some nutrition to your portfolio. Let's take a closer look. Food Stocks to Buy: McDonald's (MCD)Source: ThinkorSwim McDonald's (NYSE:MCD) tops the list and deservedly so. The long-term trend is gorgeous and last week's ramp ushered it to the brink of a big-league breakout. Momentum increased during its most recent upswing confirming buyers are strengthening their grip.Since mid-November, MCD stock has been consolidating in a trading range that is now on the cusp of completing. The series of higher swing lows reveals increasing buying appetite and have morphed the box into more of an ascending triangle.For the past six weeks, distribution days have disappeared showing zero institutional distribution. Throw it all together, and the wind is at buyers' backs.If you think the trend continues, then buy the June $190/$200 bull call spread for $3.90 J M Smucker Co (SJM)Source: ThinkorSwim The past two-and-a-half years have seen a sloppy downtrend descend on J M Smucker (NYSE:SJM) shares. From peak to trough, the food company fell 42%. But if recent price action is any indication, the worst is over. Last month's breakout above the 200-day moving average scored solid followthrough. The upside thrust was enough to turn the 20-day and 50-day moving averages higher.And since pole-vaulting higher, SJM stock hasn't given back an inch. The two-week high base pattern has the stock itching for an upside breakout.Volume patterns are lending a hand to the bullish argument as well. Accumulation days litter the landscape, suggesting the big boys are now net buyers. * 10 Medical Marijuana Stocks to Cure Your Portfolio SJM options aren't that liquid, so I suggest buying shares outright if you think the new uptrend sticks. Papa John's (PZZA)Source: ThinkorSwim Papa John's (NASDAQ:PZZA) rounds out today's tasty trio with a bull flag pattern. Like SJM, it too has been brought low in recent years. But this year's rebound looks promising. PZZA stock is up 28% year-to-date and sits above all major moving averages.The increasing momentum seen during its latest upswing coupled with multiple accumulation days also has me leaning in favor of buyers. Rather than purchasing the stock now, however, I suggest waiting to see if we can clear the $54 resistance zone. The descending trendline that has defined its downtrend since late-2016 rests in this area and needs to be taken out before the long-term chart is a buy.As of this writing, Tyler Craig didn't hold positions in any of the aforementioned securities. Check out his recently released Bear Market Survival Guide to learn how to defend your portfolio against market volatility. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 5 Data Center Buys That Deliver Sizable Income * 7 High-Risk Stocks With Big Potential Rewards * 3 Marijuana Stocks to Watch as New York, New Jersey Delay Legalization Compare Brokers The post 3 Food Stocks Hungry for More Gains appeared first on InvestorPlace.
Why Credit Suisse Upgraded J.M. Smucker Stock(Continued from Prior Part)Low growth expectations are a concern While the J.M. Smucker Company’s (SJM) recent financial performance has been impressive, the expected slowdown in its sales could limit
Why Credit Suisse Upgraded J.M. Smucker StockJ.M. Smucker upgraded to a “neutral” The J.M. Smucker Company (SJM) stock was up ~1.3% in morning trading on April 8 after Credit Suisse upgraded its rating owing to its improved earnings prospects.
The first three months of 2019 were kind to shareholders of Starbucks (NASDAQ:SBUX). On April 1, the coffeehouse chain out of Seattle reached an all-time high stock price of $74.93. Year-to-date, Starbucks stock is up over 15%.Source: StarbucksIn general, winners keep winning in the stock market. Starbucks has a great core business and its stock is likely to keep rewarding investors well into the future.Here is why …InvestorPlace - Stock Market News, Stock Advice & Trading Tips Starbucks Stock Has Robust FundamentalsThe coffee giant whose history dates back to 1971, went public in 1992. Since its initial public offering (IPO), SBUX stock has had impressive growth, well over 22,000%. Over the years, the stock has split several times; it has also been paying dividends since 2010.The current dividend yield in Starbucks stock stands at 2.0%.On Jan. 24, Starbucks reported better-than-expected quarterly earnings and revenue, buoyed by strong holiday sales. The earnings came at 75 cents per share, an increase of over 15% from the year-ago quarter.Within the quarter, membership in its loyalty program, My Starbucks Rewards, has almost doubled, too. Similarly, in 2018, its U.S. gift card sales went up by 12% to $2.6 billion. Following the upbeat conference call, Starbucks raised its guidance for fiscal 2019 earnings. * 10 Dangerous Dividend Stocks to Avoid During the Annual Meeting of Shareholders held on March 20, the company introduced a new $2 billion stock repurchase program that will be completed by June 2019. Management discussed several customer-friendly changes to its loyalty program, too. Wall Street also noted the various steps SBUX is taking to make the company reach more environment-friendly goals in sustainability, recycling and composting.Finally, Starbucks announced its first-ever investment in a growth-oriented private equity fund, Valor Siren Ventures. This fund focuses on retail technologies and innovation, an area that may help Starbucks serve its retail clients better. Although the result of all the steps on the SBUX stock price would possibly require some time to materialize, the week following this Investor Day presentation, its price has already reached a new all-time high. Power of the Starbucks BrandLong-term investors should also consider the strength of the group's brand: Starbucks is regarded as the "most valuable" restaurant brand. From its early days onward, the company's brand identity has centered around offering customers a relaxing and quality experience, especially within the store itself.Strong brands give a company increased ability to enter new markets and to raise prices, boosting revenue growth. Currently, SBUX derives most of its revenue from high-margin specialty drinks. Indeed, a 2013 research report concluded that Starbucks customers would be willing to pay more for their coffees.And the power of the brand makes Starbucks stock a favorite with a range of exchange-traded funds (ETFs) and mutual funds, increasing the demand for the stock. For example, the largest ETF holder of SBUX is the SPDR S&P 500 ETF (NYSEARCA:SPY), with approximately 13.87 million shares. On an anecdotal note, according to Robinhood, a trading app, Starbucks stock is one of the most popular on its trading platform. Starbucks' Long-Term Ambitions in ChinaInvestors in the Starbucks stock would certainly be relying on the power of the company's brand as it increases its presence in China. As of early 2019, Starbucks has over 3,500 stores in China, making the country its second-largest market after the U.S. SBUX is expected to open almost 600 stores a year, a rather ambitious growth projection.Before China, the group's international expansion began in 1986 in Japan, followed by the U.K. in 1998. It opened its first Chinese store in 1999. Over the past three decades, SBUX, which in some ways has introduced the European coffee culture to the U.S. consumer, became the brand that has made coffee drinking a regular daily routine in many cities globally. Now it wants to dominate the Chinese coffee shop market, too.Traditionally, China is a tea-drinking country. Coffee growers and chains like Starbucks are excited by the potential in the country as the market is expected to grow almost 10% per year. The group's biggest competitor is the homegrown chain Luckin Coffee, which relies on its popular app to order and pay as well as its convenient pick-up and delivery.According to Starbucks' Jan. 24 earnings call, the same-store sales in China were up 1% for the quarter. However, as the number of Chinese transactions was down 2%, SBUX's premium prices and not more foot traffic drove up the results. Management is optimistic regarding the long-term-potential China offers. Nonetheless, investors may want to wait for the release of the next quarterly report in late April to assess the possible effect of an economic slow down in China on Starbuck's earnings as well as the stock price. What Could Derail the SBUX Stock Price?The U.S. coffee shop market is fast approaching a $50 billion valuation. Yet, over the past few years, the coffee chain space has become quite saturated. SBUX's main chain competitors now include McDonald's (NYSE:MCD) and Dunkin' Brands (NASDAQ:DNKN). In the retail space that includes dry coffee goods, SBUX competes with Kraft Heinz (NASDAQ:KHC), which owns the Maxwell House brand and J M Smucker (NYSE:SJM), which owns the Folgers brand.From these big names to smaller high-end local specialty coffee shops, competition is aiming to take a slice of SBUX's market share, either by undercutting Starbucks on price or offering a different and "better" in-store customer experience. The company's market share among leading U.S. coffee chains is an impressive 40%. However, if Starbucks management fails to underestimate the potential threat from any of the competitors, the stock price may easily take a pause.In the more immediate weeks, there might also be some profit taking in Starbucks stock. As a result of the recent impressive run-up in the stock price, short-term technical indicators have become somewhat over-extended. Investors who pay attention to short-term oscillators should note that SBUX's technical message has also become "overbought."In April and May, Starbucks stock may trade sideways for several weeks, and even have a pullback toward the low-$70's or even high-$60's level, where the stock is likely to find major support.I would not advocate bottom-picking in case of near-term price weakness. Yet, I find SBUX stock to be a compelling buy candidate and by the end of 2020, I 'd expect the shares to reach $90.Therefore, if you already own SBUX stock, you might want to hold your position. That said, if you are worried about short-term profit taking, then within the parameters of your portfolio allocation and risk/return profile, you may consider placing a stop loss at about 3-5% below the current price point, to protect your profits to date.If you are an experienced investor in the options market, you may also consider protecting your portfolio with a covered call. For example, you could consider buying 100 shares of SBUX at $74.35 (closing price on Apr. 4) and at the same time selling a SBUX July 19 $75 call option, which currently trades at $2.8. The $75 option is slightly out-of-the-money (OTM), offering downside protection in case of volatility and a decline in SBUX stock. * 7 High-Risk Stocks With Big Potential Rewards This call option would stop trading on July 19, 2019 and expire on July 20. The Bottom Line on SBUXWhen investors buy a stock, they pay that purchase price for a claim against that company's future earnings, with the view that their investment will generate returns that will beat those of the broader stock market over the long term.Are more gains ahead for Starbucks stock? It's impossible to know for sure, but there are reasons to believe that the stock price could see new highs. Although there might be some profit-taking in the coming weeks, any dip in the price of Starbucks stock could be regarded as an opportunity to go long in SBUX.As of this writing, Tezcan Gecgil did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 9 Stocks That Would Be Hurt By a Mexico/U.S. Border Closure * 7 A-Rated Healthcare Stocks for Industry Expansion * 10 Stocks That Every 30-Year-Old Should Buy and Hold Forever Compare Brokers The post Why Starbucks Stock Could Keep Rewarding Investors in 2019 appeared first on InvestorPlace.
Hedge funds and other investment firms run by legendary investors like Israel Englander, Jeffrey Talpins and Ray Dalio are entrusted to manage billions of dollars of accredited investors' money because they are without peer in the resources they use to identify the best investments for their chosen investment horizon. Moreover, they are more willing to […]
Consumer Staples Stocks: Stragglers in Q1(Continued from Prior Part)Kraft HeinzKraft Heinz (KHC) shares significantly underperformed the broader markets and fell 24.1% in the first quarter. In comparison, the S&P 500 Index rose 13.1%. The
Why the Uptrend in McCormick Stock Might Be Limited(Continued from Prior Part)Analysts remain on the sidelinesNumerous analysts increased their target price on McCormick (MKC) stock following the company’s stronger-than-expected bottom-line
Why the Uptrend in McCormick Stock Might Be LimitedStock performance McCormick (MKC) stock bounced back in the past two months. The stock has risen ~23% since February 1. McCormick stock has risen 8.6% on a YTD (year-to-date) basis as of April 3.