SJM - The J. M. Smucker Company
109.20 +0.10 (0.09%)
After hours: 7:22PM EDT
Chart Events
Hanging Man
Performance Outlook
- Short Term2W - 6W
- Mid Term6W - 9M
- Long Term9M+
| Previous Close | 114.59 |
| Open | 109.51 |
| Bid | 109.25 x 1800 |
| Ask | 109.30 x 800 |
| Day's Range | 108.28 - 113.67 |
| 52 Week Range | 91.88 - 125.62 |
| Volume | 2,464,228 |
| Avg. Volume | 1,278,573 |
| Market Cap | 12.442B |
| Beta (5Y Monthly) | 0.35 |
| PE Ratio (TTM) | 22.26 |
| EPS (TTM) | 4.90 |
| Earnings Date | Aug 25, 2020 - Aug 31, 2020 |
| Forward Dividend & Yield | 3.52 (3.07%) |
| Ex-Dividend Date | May 14, 2020 |
| 1y Target Est | 114.54 |
Fair Value
Related Research
- Reuters
US STOCKS-S&P 500 closes down, snapping four-day rally
The S&P 500 lost ground on Thursday as investors took profits in advance of Friday's jobs report, ending a four-day rally driven by rising economic sentiment. The Nasdaq joined the S&P 500 in negative territory, while the blue-chip Dow posted a nominal gain.
- Motley Fool
The J. M. Smucker Company (SJM) Q4 2020 Earnings Call Transcript
After this brief introduction, Mark Smucker, President and CEO, will give an overview of the quarter's results, and an update on our strategic initiatives. Tucker Marshall, CFO, will then provide detailed analysis of the financial results and our fiscal 2021 outlook.
ReutersUS STOCKS-Wall Street ends four-day rally in advance of May jobs report
While all three major indexes were modestly lower, they have shown remarkable resilience since their late March plunge, with the Nasdaq, the S&P 500 and the Dow now within 2%, 9% and 12% of their respective record highs reached in February. "From the S&P 500 Index peak on February 19 to the bear market lows March 23, stocks lost 33.9%," noted Ryan Detrick, senior market strategist for LPL Financial in Charlotte, North Carolina.
- MarketWatch
Coronavirus update: Global case tally climbs above 6.6 million and California reports a rise in infections amid protests and reopening
The number of confirmed cases of the coronavirus that causes COVID-19 rose past 6.6 million on Thursday, and California reported a rise in infections after weeks of slowing, raising concerns that the protests at the death of George Floyd, and the reopening of certain counties, are helping spread the illness.
- Reuters
US STOCKS-Wall Street retreats after rallying on recovery optimism
The Nasdaq 100 index retreated from an intraday record high on Thursday, with the S&P 500 and Dow Jones indexes also slipping as a rally fueled by hopes of a post-coronavirus economic recovery fizzled out. Wall Street's main indexes had gained in early trading as U.S. weekly jobless claims fell below 2 million for the first time since mid-March, bolstering optimism around a pickup in business activity as economies reopened.
- Motley Fool
J.M. Smucker Sees Pandemic-Related Surge in Demand Fading
After seeing a "material benefit" to its sales as demand rose due to the COVID-19 pandemic, J.M. Smucker (NYSE: SJM) says it believes sales will comparatively decline over the next year. In reporting its fiscal fourth-quarter 2020 results Thursday, the company said it benefited from $185 million on incremental sales during the period that ended April 30 as consumers stocked up to stay at home. Smucker said it expects the decrease in comparable sales for its fiscal 2021 because of an estimated $120 million coronavirus-related reduction mostly due to what it expects will be "a significant and extended decline in the Company's Away From Home business."
- Zacks
Smucker (SJM) Q4 Earnings Surpass Estimates, Sales Up Y/Y
Stay-at-home orders implemented to check the spread of the coronavirus outbreak drive Smucker's (SJM) fourth-quarter fiscal 2020 results.
- Reuters
US STOCKS-S&P 500, Nasdaq slide after rallying on recovery optimism
The S&P 500 and Nasdaq indexes edged lower in choppy trading on Thursday, as a rally fueled by hopes of a post-coronavirus economic recovery fizzled out even with weekly jobless claims dipping below 2 million for the first time since mid-March. Wall Street's main indexes have recovered sharply from their March lows and the tech-heavy Nasdaq index is now only 2% below its all-time closing high hit in February.
- Bloomberg
In Topsy-Turvy Time, Even Record Sales Don’t Generate Excitement
(Bloomberg) -- Reporting big gains in sales and profit used to mean an all-but-guaranteed spot among the S&P 500’s top performers.But in this topsy-turvy earnings season, even record growth isn’t always enough to get investors excited. Just ask J.M. Smucker Co.The maker of Jif peanut butter, Folgers coffee and its namesake jelly on Thursday reported what it labeled “record-setting” sales and profit for the fourth quarter as stuck-at-home consumers snatched up its snacks and pet food. The company estimated that the coronavirus pandemic added $185 million in additional revenue during the period.Yet its shares fell as much as 4.5% in New York, the biggest intraday drop in more than two months. The company joined others, including Campbell Soup Co. and Colgate-Palmolive Co., that have fallen despite reporting extremely robust demand and sales amid the lockdown conditions.This illustrates how stock performance has been divorced from some of the traditional indicators of financial health while investors try to figure out how companies will fare once the pandemic passes and shopping patterns normalize.‘Material Benefit’J.M. Smucker didn’t give investors much confidence in its post-pandemic prospects on Thursday, saying sales will fall as much as 2% in the coming fiscal year. “The outbreak of Covid-19 had a material benefit to fiscal year 2020 results and has caused significant uncertainty for fiscal year 2021 projections,” the company said in a statement.Campbell also fell the most in more than two months on Wednesday despite projections that higher demand will endure.On the other hand, some companies are getting a lift when results that would be apocalyptic under normal circumstances aren’t quite as bad as anticipated. American Eagle Outfitters Inc. on Wednesday reported a 38% decline in sales and an operating loss of $358 million, while also halting its dividend.Its shares rose 15%.For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
- Reuters
US STOCKS-Tech stocks boost Nasdaq as recovery optimism prevails
A rally in tech shares drove the Nasdaq index higher on Thursday, with weekly jobless claims dipping below 2 million for the first time since mid-March bolstering optimism around an economic rebound from the coronavirus-driven slump. "The market is due for a pause," said Christopher Grisanti, chief equity strategist at MAI Capital Management in Cleveland, Ohio.
- Barrons.com
Great Earnings Can’t Save Smucker and Campbell as the Stay-at-Home Stock Trade Unwinds
Shares of J.M. Smucker and Campbell Soup are both lower on Thursday, as investors may be growing weary of stocks that benefited from cupboard stockpiling.
- Reuters
US STOCKS-S&P, Nasdaq set to open lower after four-day rally
U.S. stock indexes were set to open lower on Thursday as a rally fueled by optimism over an economic rebound from a coronavirus-led downturn ran out of steam even with weekly jobless claims dipping below 2 million for the first time since mid-March. Wall Street's main indexes have rebounded in the past few sessions, with the tech-heavy Nasdaq index now 1.4% away from surpassing an all-time closing high hit in February.
- Zacks
Smucker (SJM) Beats Q4 Earnings and Revenue Estimates
Smucker (SJM) delivered earnings and revenue surprises of 12.72% and 1.66%, respectively, for the quarter ended April 2020. Do the numbers hold clues to what lies ahead for the stock?
- MarketWatch
Smucker stock slips after weak earnings guidance
J.M. Smucker Co. stock fell 2.3% in Thursday premarket trading after the food company gave weak full-year earnings guidance. Smucker reported fiscal fourth-quarter net income of $226.3 million, or $1.98 per share, up from $71.5 million, or 63 cents per share, for the same period last year. Adjusted EPS totaled $2.57, exceeding the $2.28 FactSet consensus. The company posted sales of $2.09 billion, up from $1.90 billion last year and ahead of the $2.04 FactSet consensus. The food company attributed the growth to demand related to COVID-19, and forecasts continued pandemic-related demand. "Looking ahead, we anticipate increased at-home consumption to continue during the beginning of our fiscal year 2021 - though at a more moderate rate as stock-up purchasing in the fourth quarter is not anticipated to reoccur, and significant declines for the away from home business are expected to persist throughout the year," said Mark Smucker, chief executive of the company, in a statement. Smucker expects full-year fiscal 2021 sales to fall 1% to 2% year-over-year, and adjusted EPS of $7.90 to $8.30. The FactSet consensus is for sales of $7.75 billion, suggesting a decline of 1.1%, and EPS of $8.46. Smucker attributes the sales decline to lapping the $185 million of incremental net sales in the fourth quarter of fiscal year 2020 and a $120 million reduction in the away from home business. Smucker stock has gained 10.1% for the year to date while the S&P 500 index is down 3.3% for the period.
- Benzinga
JM Smucker: Q4 Earnings Insights
Shares of JM Smucker (NYSE:SJM) fell 3.4% in pre-market trading after the company reported Q4 results.Quarterly Results Earnings per share rose 23.56% year over year to $2.57, which beat the estimate of $2.29.Revenue of $2,092,000,000 up by 9.99% year over year, which beat the estimate of $2,060,000,000.Looking Ahead J. M. Smucker said it expects FY21 adjusted EPS of $7.90-$8.30 and net sales to decline 1%-2%. Details Of The Call Date: Jun 04, 2020Time: 08:30 AMView more earnings on SJMET Webcast URL: https://investors.jmsmucker.com/events-presentationsRecent Stock Performance 52-week high: $125.8752-week low: $91.88Price action over last quarter: Up 8.12%Company Profile J.M. Smucker is a packaged food company that primarily operates in the U.S. retail channel (86% of 2019 revenue), but also in U.S. food-service (10%), and international (4%). Its largest category is pet food and treats (38% of 2019 revenue), with popular brands such as Milk-Bone, Meow Mix, 9Lives, Kibbles 'n Bits, Nature's Recipe, Natural Balance, and Rachael Ray Nutrish. Its second- largest category is coffee (32%) with the number-two brand Folgers and number-six Dunkin' Donuts. Other large categories are peanut butter (10%), with number-one Jif and number-three Smucker's, fruit spreads (4%) with number-one Smucker's, frozen hand-held foods (4%) with number-one Uncrustables, and oils (3%) with number-two Crisco.See more from Benzinga * Cantel Medical: Q3 Earnings Insights * SecureWorks: Q1 Earnings Insights * Recap: Kirkland's Q1 Earnings(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
- Zacks
Factors Likely to Deter Brown-Forman's (BF.B) Earnings in Q4
Brown-Forman (BF.B) Q4 results are expected to reflect softness in its Travel Retail business in Asia, disruptions in international markets and uncertainty in global markets due to the pandemic.
- Zacks
3 Top-Ranked Dividend Stocks: A Smarter Way to Boost Your Retirement Income - June 03, 2020
The traditional approaches to retirement planning are longer covering all expenses in nest egg years. So what can retirees do? Thankfully, there are alternative investments that provide steady, higher-rate income streams to replace dwindling bond yields.
- GuruFocus.com
2 Stocks Tumble on Thursday
Ciena and J.M. Smucker decline on financial results Continue reading...
- GuruFocus.com
Key Takeaways From JM Smucker's 4th-Quarter Results
The pet foods segment saw 6% sales growth in the quarter Continue reading...
- PR Newswire
The J. M. Smucker Company Announces Fiscal 2020 Fourth Quarter Results
The J. M. Smucker Company (NYSE: SJM) today announced results for the fourth quarter of its 2020 fiscal year ending April 30, 2020. All comparisons are to the fourth quarter of the prior fiscal year, unless otherwise noted.
- Insider Monkey
Is The J.M. Smucker Company (SJM) Going to Burn These Hedge Funds?
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 […]
- PR Newswire
The J. M. Smucker Company Names Rob Ferguson Leader of Pet Food and Pet Snacks Business
The J. M. Smucker Company (NYSE: SJM) today named Rob Ferguson Senior Vice President and General Manager of its Pet Food and Pet Snacks business. Ferguson has been leading the business in an interim capacity since last year.
- PR Newswire
Sandvik Completes the Acquisition of QCT's Division for Cutting Tools
Sandvik has completed the previously announced acquisition of the cutting tools division of QUIMMCO CENTRO TECNOLÓGICO (QCT), a privately owned Mexican company offering integral machining solutions.
