AllAnalyst Report
logoMorningstarOctober 19, 2020

The Scotts Miracle-Gro Company: Biden Win May Spur Momentum for Cannabis Industry; Companies with U.S. Exposure Better Positioned

Symbols
SMG
Sector(s)
Basic Materials
Rating
Premium
Current Price
$171.82
Fair Value
Premium
Economic Moat
Premium
Stewardship
Premium
Summary

Scotts Miracle-Gro is the largest provider of gardening and lawncare products in the United States. The majority of the company's sales are to large retailers that include Home Depot, Lowe's, and Walmart. Scotts Miracle-Gro can sell its products at a higher price point than its competition because of a well-recognized portfolio of brands that include Miracle-Gro, Roundup, Ortho, Tomcat, and Scotts. Scotts is also the leading supplier of cannabis-growing equipment in North America through its Hawthorne business.

Premium
Subscribe to Yahoo Finance Premium for full access
Read the latest independent research including analyst forecasts, ratings on the US economy, and more. Get individual company and overall sector level recommendations.
Try Premium FREE