SJM - The J. M. Smucker Company
114.30 0.00 (0.00%)
After hours: 5:02PM EDT
| Previous Close | 111.59 |
| Open | 111.60 |
| Bid | 114.30 x 800 |
| Ask | 114.36 x 800 |
| Day's Range | 111.60 - 115.06 |
| 52 Week Range | 91.32 - 126.86 |
| Volume | 1,926,217 |
| Avg. Volume | 1,190,056 |
| Market Cap | 13.001B |
| Beta (3Y Monthly) | 0.66 |
| PE Ratio (TTM) | 20.70 |
| EPS (TTM) | 5.52 |
| Earnings Date | Jun 6, 2019 |
| Forward Dividend & Yield | 3.40 (3.18%) |
| Ex-Dividend Date | 2019-02-14 |
| 1y Target Est | 104.00 |
Market Realist•5 hours agoHow Conagra Brands Could Sustain Its Sales Momentum
CAG Stock Soars ~13% on Q3 2019 EPS Beat—Will It Rise Further?(Continued from Prior Part)Key drivers Conagra Brands (CAG) posted net sales of $2.71 billion in the third quarter of fiscal 2019 (which ended on February 24), falling marginally short
- Market Realist•6 hours ago
Analysts Remain Upbeat on CAG Stock, Expect Further Upside
CAG Stock Soars ~13% on Q3 2019 EPS Beat—Will It Rise Further?(Continued from Prior Part)Favorable outlook Conagra Brands (CAG) is among the few packaged food companies for which analysts maintain a favorable outlook. Besides Conagra Brands,
- Market Realist•8 hours ago
CAG Stock Soars ~13% on Q3 2019 EPS Beat—Will It Rise Further?
CAG Stock Soars ~13% on Q3 2019 EPS Beat—Will It Rise Further?Valuation still within reach Conagra Brands (CAG) stock rose 12.8% on March 21 following the company’s release of its fiscal 2019 third-quarter results, which indicated a
- Market Realist•yesterday
Conagra Brands Has a Low Valuation
Conagra Brands Beat Q3 Profit Estimate, Stock Rose(Continued from Prior Part)Low valuation Conagra Brands’ (CAG) impressive performance on the bottom-line front and expanded adjusted operating margin in the third quarter will likely support the
- Zacks•yesterday
Smucker Gains on Yielding Buyouts, Cost Saving on Track
Smucker's (SJM) cost-saving efforts are likely to mitigate hurdles stemming from high expenses.
Market Realist•2 days agoWhat’s Ahead for General Mills Stock?
General Mills Stock Rises on Strong Q3 Results and Guidance(Continued from Prior Part)Strong EPS guidance to support stockGeneral Mills’ impressive third-quarter performance is expected to drive its stock higher. Also, management raised the
- Thomson Reuters StreetEvents•3 days ago
Edited Transcript of SJM earnings conference call or presentation 26-Feb-19 1:30pm GMT
Q3 2019 J M Smucker Co Earnings Call
- Market Realist•3 days ago
What Wall Street Recommends on MKC ahead of Its Q1 Results
What to Expect from McCormick’s First-Quarter Results(Continued from Prior Part)Analysts remain on the sidelines The anticipated slowdowns in McCormick & Company’s (MKC) sales and earnings growth rates have kept analysts on the sidelines.
- InvestorPlace•4 days ago
Can General Mills Beat the Odds Again With Wednesday’s Earnings Report?
General Mills (NASDAQ:GIS) reports its third-quarter 2019 earnings tomorrow after the markets close. The beleaguered packaged foods company has beaten analyst estimates in three out of the last four quarters. As a result, GIS stock is up 23% year to date through March 15 compared to a 13% gain by the S&P 500 index. So, the big question is whether General Mills can deliver another better-than-expected quarter?Here are three reasons why it just might come through.InvestorPlace - Stock Market News, Stock Advice & Trading Tips Estimate for Q3 2019According to Zacks, General Mills is expected to deliver $4.18 billion in revenue in the third quarter, 7.6% higher than a year earlier; bottom-line earnings of 69 cents a share is the consensus, 12.7% lower than Q3 2018. * 15 Stocks That May Be Hurt by This Year's Big IPOs In last year's Q3 General Mills had been expected by analysts to deliver $3.78 billion in revenue and 78 cents in earnings. Sales came $100 million higher and profits that were a penny better than expected. In Q2 2019, General Mills had EPS of 85 cents, four cents higher than analyst expectations. The company's riding an earnings hot streak and it's reasonable to expect it to beat the odds again. The Positive Aspect of Its BusinessTwo years ago, I wrote that Blue Buffalo was one of the best stocks to buy for the next decade. My reasoning centered on the premise that people would continue to spend more on healthy foods, both for themselves and their pets. Growing its revenues at a healthy pace, the pet foods maker was a natural stock to own. General Mills wisely acquired Blue Buffalo for $8 billion in February 2018, paying a 23% premium. That was a bargain, if you ask me. "The addition of BLUE to our family of well-loved brands provides General Mills with the leading position in the large and growing Wholesome Natural pet food category and represents a significant milestone as we reshape our portfolio to drive additional growth and value creation for our shareholders," explained General Mills chairman and CEO Jeff Harmening in announcing the deal a year ago. As anyone who follows packaged goods knows, the cereal category is anything but healthy. The acquisition of Blue Buffalo gave General Mills' overall business a much needed shot in the arm. However, that hasn't been reflected in the GIS stock price, which is down 10% since the acquisition was announced. It Might Have Overpaid In the Short TermSome felt that General Mills overpaid for Blue Buffalo, paying 6.3 times sales, more than double the 2.5x sales that J.M. Smucker (NYSE:SJM) paid for Big Heart Pet Brands (Meow Mix, Milkbone, etc.) in 2015. I understand that sentiment. I'm generally not a fan of big acquisitions because they typically don't generate the synergies and savings projected nor do they provide the expected growth, either. However, in the case of General Mills, it had to do something because its cereal business was imploding, losing almost 3% growth in revenue over five years. Investors were avoiding GIS stock as a result. Now, it's got some momentum, and analysts are warming to General Mills stock. Deutsche Bank (NYSE:DB) analyst Rob Dickerson recently upgraded GIS to a buy and increased his 12-month target price by 26% to $54, 14% higher than where it's currently trading.Dickerson believes that investors aren't appropriately valuing Blue Buffalo given the growth it's delivering to General Mills' overall business. The company's introduced Blue Buffalo to Walmart (NYSE:WMT) and the brand's been well received by customers, giving the pet food manufacturer an additional revenue stream beyond pet specialty stores, etc. * 7 Winning High-Yield Dividend Stocks With Payouts Over 5% "Given we've watched base momentum stabilize and have better perspective on Blue Buffalo, we finally upgrade the shares to a buy, driven by an overly discounted valuation vis-a-vis go-forward growth potential relative to peers," Dickerson wrote in a note to clients on March 14. I couldn't have said it any better myself. Bottom Line on GIS StockBlue Buffalo is the real deal, and it's a big reason investors should consider adding GIS stock for their portfolios. Unless General Mills' earnings show further deterioration in its core business -- Cheerios, Haagen-Dazs, Pillsbury, Nature Valley, etc. -- or Blue Buffalo falters in some way, I don't think a 12% decline in earnings is anything to worry over.Sometimes, you have to take one step back to go two steps forward. Come Wednesday; I expect GIS to do just that. At the time of this writing Will Ashworth did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 5 of the Best Stocks to Buy Under $10 * 7 Single-Digit P/E Stocks With Massive Upside * 7 Best Quantum Computing Stocks Trading Today Compare Brokers The post Can General Mills Beat the Odds Again With Wednesday's Earnings Report? appeared first on InvestorPlace.
Market Realist•4 days agoWhy McCormick’s EPS Growth Rate Is Likely to Remain Low
What to Expect from McCormick’s First-Quarter Results(Continued from Prior Part)Analysts’ estimatesWall Street expects McCormick & Company (MKC) to post adjusted EPS of $1.03 in the first quarter of fiscal 2019, a YoY (year-over-year)
- Market Realist•4 days ago
What Could Limit McCormick’s Top Line Growth Rate?
What to Expect from McCormick’s First-Quarter Results(Continued from Prior Part)Wall Street expectations Analysts expect McCormick & Company (MKC) to post net sales of $1.2 billion in the first quarter of fiscal 2019, which implies a YoY
- Market Realist•4 days ago
What to Expect from McCormick’s First-Quarter Results
What to Expect from McCormick’s First-Quarter ResultsSales and earnings growth could slowMcCormick & Company (MKC) is expected to announce its earnings results for the first quarter of fiscal 2019 on March 26. We expect the company to sustain
- Market Realist•7 days ago
GIS Stock to Benefit from Acquisition but Valuation Is a Concern
What Could Stall MDLZ, CPB, GIS, and SJM’s Uptrend(Continued from Prior Part)GIS stock outperforms peers General Mills (GIS) stock had risen 21.9% this year as of yesterday, outperforming peers. Mondelēz (MDLZ), J.M. Smucker (SJM), Campbell Soup
- Market Realist•7 days ago
Could Higher Interest Expenses Drag Down SJM Stock?
What Could Stall MDLZ, CPB, GIS, and SJM’s Uptrend(Continued from Prior Part)Earnings pressure J.M. Smucker’s (SJM) recent quarter was impressive, with its top line continuing to benefit from its Ainsworth acquisition and beating analysts’
Bloomberg•8 days agoBig Coffee Has Problem as Craft Roasters Cut Out a Middleman
About a mile north of the site that Amazon.com Inc. abandoned for its proposed New York City campus, a tiny coffee roasting co-op is welcoming anyone from cafe owners to hip consumers wanting to prepare their own green beans. Regalia’s model, which lets customers rent time at its roasting machines, is attracting a wave of trendy Americans looking to ditch the traditional brands that have long dominated the coffee scene in favor of specialty beans and a more artisan cup of joe.
- Market Realist•8 days ago
Why Conagra Brands’ Q3 EPS Could Fall
Conagra Brands' Q3 of Fiscal 2019: Here’s What to Expect(Continued from Prior Part)Consensus estimate Analysts expect Conagra Brands (CAG) to post adjusted earnings of $0.49 per share in the third quarter of its fiscal year, which implies a
- Market Realist•9 days ago
Pinnacle Foods Acquisition to Drive Conagra Brands’ Q3 Sales
Conagra Brands' Q3 of Fiscal 2019: Here’s What to Expect(Continued from Prior Part)Analyst estimates Analysts expect Conagra Brands (CAG) to report solid sales in the third quarter of fiscal 2019. Analysts expect Conagra Brands to post net sales of
- Market Realist•9 days ago
Conagra Brands’ Q3 of Fiscal 2019: Here’s What to Expect
Conagra Brands' Q3 of Fiscal 2019: Here’s What to ExpectSales to accelerate, but earnings could disappointConagra Brands (CAG) is expected to announce its third quarter of fiscal 2019 results on Thursday, March 21. Its top-line growth rate is
Market Realist•9 days agoGeneral Mills: Analysts Expect the Stock to Decline
Will Weak Q3 Earnings Drag General Mills Stock Down?(Continued from Prior Part)Analysts’ recommendationsAnalysts have a consensus target price of $45.35 per share on General Mills (GIS) stock, which implies a downside of 3.3% based on its closing
- The Wall Street Journal•10 days ago
[$$] Hometown Food Recalls Over 12,000 Cases of Pillsbury Flour on Salmonella Concerns
Hometown Food Co. has voluntarily recalled more than 12,000 cases of Pillsbury flour due to the possible presence of salmonella. A Friday notice said there were no reports of illnesses related to the recall, which includes two lots of Pillsbury Unbleached All-Purpose Flour in five-pound bags. Hometown, a portfolio company of private-equity firm Brynwood Partners, said the flour was distributed through “a limited number of retailers and distributors.” Winn Dixie and Publix posted related recall notices.
- Market Realist•10 days ago
General Mills’ Q3 Earnings Could Decline
Will Weak Q3 Earnings Drag General Mills Stock Down?(Continued from Prior Part)Analysts’ estimate Analysts expect General Mills (GIS) to post an adjusted EPS of $0.69, which implies a decline of 12.7% YoY (year-over-year). Analysts expect higher
Market Realist•10 days agoGeneral Mills: What to Expect from Its Q3 Sales
Will Weak Q3 Earnings Drag General Mills Stock Down?(Continued from Prior Part)Analysts’ estimateAnalysts expect General Mills (GIS) to post net sales of $4.2 billion in the third quarter, which implies ~8% growth YoY (year-over-year). Analysts
- Market Realist•10 days ago
Will Weak Q3 Earnings Drag General Mills Stock Down?
Will Weak Q3 Earnings Drag General Mills Stock Down?General MillsGeneral Mills (GIS) is expected to report its third-quarter results on March 20. Analysts expect the company to sustain the momentum in its net sales and record high single-digit
- Markit•10 days ago
See what the IHS Markit Score report has to say about J M Smucker Co.
J M Smucker Co NYSE:SJMView full report here! Summary * Bearish sentiment is low and declining * Economic output in this company's sector is expanding Bearish sentimentShort interest | PositiveShort interest is low for SJM with fewer than 5% of shares on loan. Additionally, this was an improvement in sentiment as investors who seek to profit from falling equity prices reduced their short positions on March 7. Money flowETF/Index ownership | NeutralETF activity is neutral. ETFs that hold SJM had net inflows of $4.47 billion over the last one-month. While these are not among the highest inflows of the last year, the rate of inflow is increasing. Economic sentimentPMI by IHS Markit | PositiveAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Consumer Goods sector is rising. The rate of growth is strong relative to the trend shown over the past year. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to score@ihsmarkit.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
Market Realist•10 days agoSeveral Analysts Have Downgraded KHC Stock
Why Kraft Heinz Stock Looks Unattractive despite ~33% Drop(Continued from Prior Part)Several analysts downgraded KHC stock Kraft Heinz’s (KHC) weak financial performance and tepid outlook led numerous analysts to downgrade the stock. Kraft
