What does target price mean in stocks?
What Is A Target Price In Stocks?
- A target price is an estimate of the future price of a stock. …
- Target prices can be used to evaluate stocks and may be even more useful than an equity analyst’s rating.
- While opinion-based ratings have limited value, target prices can help investors evaluate the potential risk/reward profile of the stock.
How much is target stock?
Those shares would be worth over $10,800 at current stock levels. Not bad for a $34 investment. A $500 investment in Target at the IPO price would have purchased 14 shares. That would have turned...
What is target stock price?
The stock has a market cap of $20.58 billion, a price-to-earnings ratio of 875.81, a PEG ratio of 2.71 and a beta of 1.25. ZoomInfo Technologies has a fifty-two week low of $37.86 and a fifty-two week high of $79.17.
What is target share price?
Three of SPXV's underlying holdings with notable upside to their analyst target prices are AMETEK Inc (Symbol: AME), Verisign Inc (Symbol: VRSN), and Trimble Inc (Symbol: TRMB). Although AME has traded at a recent price of $144.06/share, the average ...
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Is SMG a good stock to buy now?
Out of 6 analysts, 1 (16.67%) are recommending SMG as a Strong Buy, 0 (0%) are recommending SMG as a Buy, 5 (83.33%) are recommending SMG as a Hold, 0 (0%) are recommending SMG as a Sell, and 0 (0%) are recommending SMG as a Strong Sell. What is SMG's earnings growth forecast for 2022-2024?
Is Scotts Miracle Gro stock a buy?
With profit expected to grow by a double-digit 11% over the next couple of years, the outlook is positive for Scotts Miracle-Gro. It looks like higher cash flow is on the cards for the stock, which should feed into a higher share valuation.
Why did SMG stock drop?
Investment Thesis Scotts Miracle-Gro (NYSE:SMG) is experiencing a heavy slowdown in its growth. This includes a severe drop in projected revenue for the company's key growth segment. The share price has dropped along with the declining outlook, but it's still well above a price where I'd consider buying or holding.
Is SMG overvalued?
Overall, The stock of The Scotts Miracle Gro Co (NYSE:SMG, 30-year Financials) appears to be significantly overvalued. The company's financial condition is fair and its profitability is strong. Its growth ranks in the middle range of the companies in Agriculture industry.
Should I sell SMG stock?
The Scotts MiracleGro Company - Sell Its Value Score of F indicates it would be a bad pick for value investors. The financial health and growth prospects of SMG, demonstrate its potential to underperform the market. It currently has a Growth Score of F.
Will SMG stock go up?
Stock Price Forecast The 18 analysts offering 12-month price forecasts for Lockheed Martin Corp have a median target of 487.50, with a high estimate of 539.00 and a low estimate of 375.00. The median estimate represents a +24.00% increase from the last price of 393.14.
Is Miracle Grow a good stock?
It's the cornerstone of any successful dividend growth stock. Free cash flow was $164 million in the 2021 fiscal year. It's expected to be lower in the 2020 fiscal year. Note that this is not due to bad management which fails to turn higher sales into higher cash generation, but based on strategic investments.
What is going on with Scotts Miracle Gro?
U.S. consumer sales for 2022 are now expected to decline by 4% to 6%, and the company projects a drop of 12% to 13% in its selling, general and administrative expenses for 2022. Scott's Miracle-Gro Hawthorne cannabis grow products unit is also now expected to post a sales decline of 40% to 45% for the year ended Sept.
Does Scotts Miracle Gro pay a dividend?
MARYSVILLE, Ohio, April 25, 2022 (GLOBE NEWSWIRE) -- The Scotts Miracle-Gro Company (NYSE: SMG), one of the world's leading marketers of branded consumer lawn and garden products, announced that its Board of Directors has approved the payment of a cash dividend of $0.66 per share.
Does Scotts Miracle Gro have a moat?
This is a business with strong fundamentals, a solid economic moat, and numerous synergy opportunities in M&A, product expansion adjacencies, and the legalization of cannabis.
Is Scotts Miracle Gro overvalued?
Scotts Miracle-Gro has a current Real Value of $108.58 per share. The regular price of the company is $81.41. At this time, the company appears to be undervalued....1.17.LowEstimated ValueHigh79.1683.1187.06
When did Scotts Miracle Gro release its earnings?
What is the dividend payout ratio for the Scotts Miracle Gro?
The Scotts Miracle-Gro Company (NYSE:SMG) released its quarterly earnings results on Wednesday, May, 5th. The basic materials company reported $5.64 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $5.51 by $0.13. The basic materials company had revenue of $1.83 billion for the quarter, ...
When is the Scotts Miracle Gro earnings call?
Based on earnings estimates, The Scotts Miracle-Gro will have a dividend payout ratio of 29.07% next year. This indicates that The Scotts Miracle-Gro will be able to sustain or increase its dividend. View The Scotts Miracle-Gro's dividend history.
Research & Ratings Scotts Miracle-Gro Co.(SMG)
The Scotts Miracle-Gro will be holding an earnings conference call on Wednesday, August 4th at 9:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 888-203-1112 with passcode "2106695".
Per-Share Earnings, Actuals and Estimates
Stocks: Real-time U.S. stock quotes reflect trades reported through Nasdaq only; comprehensive quotes and volume reflect trading in all markets and are delayed at least 15 minutes. International stock quotes are delayed as per exchange requirements. Fundamental company data and analyst estimates provided by FactSet.
Flowr Corp sells R&D station to Hawthorne Canada
Stocks: Real-time U.S. stock quotes reflect trades reported through Nasdaq only; comprehensive quotes and volume reflect trading in all markets and are delayed at least 15 minutes. International stock quotes are delayed as per exchange requirements. Fundamental company data and analyst estimates provided by FactSet.
10 Weed Stocks to Buy in 2022
Flowr Corp. said Friday it agreed to sell its Kelowna research and development facility to Hawthorne Canada Ltd., the unit of Scotts Miracle-Gro Co. that specializes in hydroponic solutions. Toronto-based Flowr Corp.
Textron Aviation delivers 8,000th business jet
In this article, we discuss 10 weed stocks to buy in 2022. If you want to skip our detailed analysis of these stocks, go directly to 5 Weed Stocks to Buy in 2022. 2021 was a landmark year for weed stocks. The debate surrounding the legalization of weed advanced to a new level as federal […]
1 Red Flag and 1 Green Flag for Scotts Miracle-Gro
Textron Aviation on Tuesday announced that its Wichita plant has delivered the company’s 8,000th business jet. The milestone handoff was a Cessna Citation Longitude, the company’s new flagship jet, which will join the Scotts Miracle-Gro Co. (NYSE: SMG) corporate fleet.
Venture Visionary Partners LLC Buys Bank of America Corp, Faraday Future Intelligent Electric ..
The gardening company's share price and revenue drop may provide an opportunity for long-term investors.
Aurora Investment Counsel Buys The Scotts Miracle Gro Co, MDU Resources Group Inc, Cummins Inc, ..
Investment company Venture Visionary Partners LLC (Current Portfolio) buys Bank of America Corp, Faraday Future Intelligent Electric Inc, Vanguard High Dividend Yield Indx ETF, Traeger Inc, Schwab U.S.
Tandem Capital Management Corp Buys PerkinElmer Inc, Altra Industrial Motion Corp, Autodesk ..
Atlanta, GA, based Investment company Aurora Investment Counsel (Current Portfolio) buys The Scotts Miracle Gro Co, MDU Resources Group Inc, Cummins Inc, Sonos Inc, Sun Communities Inc, sells Koppers Holdings Inc, Intercontinental Exchange Inc, Life Storage Inc, Hubbell Inc, during the 3-months ended 2021Q4, according to the most recent filings of the investment company, Aurora Investment Counsel..
Premium Research for SMG
Investment company Tandem Capital Management Corp (Current Portfolio) buys PerkinElmer Inc, Altra Industrial Motion Corp, Autodesk Inc, Viad Corp, SPDR Biotech ETF, sells Vimeo Inc, Canadian Solar Inc, Match Group Inc, Williams Inc, Teleflex Inc during the 3-months ended 2021Q4, according to the most recent filings of the investment company, Tandem Capital Management Corp ..
Company Summary
This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.
Ownership
- Scotts Miracle-Gro trades on the New York Stock Exchange (NYSE) under the ticker symbol \"SMG.\" Scotts Miracle-Gro announced a quarterly dividend on Monday, April 29th. Investors of record on Tuesday, May 28th will be paid a dividend of $0.55 per share on Monday, June 10th. This represents a $2.20 annualized dividend and a yield of 2.45%. The ex-dividend date is Friday…
Sales
- Scotts Miracle-Gro Co (NYSE:SMG) announced its quarterly earnings results on Wednesday, May, 1st. The basic materials company reported $3.64 EPS for the quarter, beating the Zacks' consensus estimate of $3.42 by $0.22. The basic materials company earned $1.19 billion during the quarter, compared to the consensus estimate of $1.16 billion. Scotts Miracle-Gro had a net …
Release
- Scotts Miracle-Gro is scheduled to release their next quarterly earnings announcement on Tuesday, July 30th 2019. View Earnings Estimates for Scotts Miracle-Gro.
Risks
- 4 Wall Street analysts have issued 12-month target prices for Scotts Miracle-Gro's stock. Their predictions range from $70.00 to $95.00. On average, they anticipate Scotts Miracle-Gro's stock price to reach $81.2750 in the next year. This suggests that the stock has a possible downside of 9.4%. View Analyst Price Targets for Scotts Miracle-Gro.
Ratings
- 4 Wall Street analysts have issued \"buy,\" \"hold,\" and \"sell\" ratings for Scotts Miracle-Gro in the last year. There are currently 1 sell rating, 2 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of \"Hold.\" View Analyst Ratings for Scotts Miracle-Gro. Headlines about SMG stock have been trending somewhat positive on Sunday, InfoTrie reports. InfoTrie id…
Business
- Scotts Miracle-Gro has a market capitalization of $4.98 billion and generates $2.66 billion in revenue each year. The basic materials company earns $63.70 million in net income (profit) each year or $3.71 on an earnings per share basis. Scotts Miracle-Gro employs 5,150 workers across the globe.
Location
- Scotts Miracle-Gro's mailing address is 14111 SCOTTSLAWN ROAD, MARYSVILLE OH, 43041. The basic materials company can be reached via phone at 937-644-0011 or via email at [email protected].