J. M. Smucker (NYSE:SJM – Get Free Report) issued an update on its FY 2027 earnings guidance on Tuesday morning. The company provided earnings per share guidance of 9.750-10.250 for the period, compared to the consensus earnings per share estimate of 8.380. The company issued revenue guidance of $8.7 billion-$8.8 billion, compared to the consensus revenue estimate of $9.1 billion.
J. M. Smucker Price Performance
Shares of J. M. Smucker stock opened at $101.88 on Tuesday. The company has a debt-to-equity ratio of 1.31, a quick ratio of 0.35 and a current ratio of 0.84. The firm’s 50-day simple moving average is $98.03 and its 200-day simple moving average is $101.68. J. M. Smucker has a twelve month low of $88.25 and a twelve month high of $119.39. The firm has a market cap of $10.87 billion, a P/E ratio of -8.64, a price-to-earnings-growth ratio of 6.99 and a beta of 0.27.
J. M. Smucker (NYSE:SJM – Get Free Report) last issued its earnings results on Tuesday, June 9th. The company reported $2.77 earnings per share for the quarter, beating the consensus estimate of $2.65 by $0.12. J. M. Smucker had a negative net margin of 14.07% and a positive return on equity of 15.94%. The business had revenue of $2.27 billion for the quarter, compared to analyst estimates of $2.26 billion. J. M. Smucker has set its FY 2027 guidance at 9.750-10.250 EPS. As a group, research analysts expect that J. M. Smucker will post 9.03 EPS for the current fiscal year.
J. M. Smucker Dividend Announcement
Wall Street Analysts Forecast Growth
SJM has been the topic of several recent research reports. BNP Paribas Exane set a $125.00 target price on shares of J. M. Smucker in a research report on Thursday, April 9th. Morgan Stanley lifted their target price on shares of J. M. Smucker from $104.00 to $106.00 and gave the company an “equal weight” rating in a research report on Friday. Wall Street Zen lowered shares of J. M. Smucker from a “buy” rating to a “hold” rating in a report on Sunday, March 8th. Stifel Nicolaus lowered their target price on shares of J. M. Smucker from $120.00 to $100.00 and set a “hold” rating on the stock in a report on Tuesday, April 21st. Finally, Barclays lowered their target price on shares of J. M. Smucker from $125.00 to $103.00 and set an “equal weight” rating on the stock in a report on Tuesday, April 14th. Eleven investment analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $116.71.
View Our Latest Stock Analysis on J. M. Smucker
Institutional Inflows and Outflows
Several hedge funds have recently modified their holdings of the business. Two Sigma Investments LP raised its position in shares of J. M. Smucker by 6,854.4% in the 3rd quarter. Two Sigma Investments LP now owns 1,527,962 shares of the company’s stock valued at $165,937,000 after acquiring an additional 1,505,991 shares during the period. Dimensional Fund Advisors LP raised its holdings in J. M. Smucker by 33.5% during the 4th quarter. Dimensional Fund Advisors LP now owns 3,392,300 shares of the company’s stock worth $331,807,000 after buying an additional 850,943 shares during the period. AQR Capital Management LLC raised its holdings in J. M. Smucker by 339.1% during the 3rd quarter. AQR Capital Management LLC now owns 1,029,222 shares of the company’s stock worth $111,156,000 after buying an additional 794,851 shares during the period. NewEdge Advisors LLC raised its holdings in J. M. Smucker by 10,549.5% during the 4th quarter. NewEdge Advisors LLC now owns 533,434 shares of the company’s stock worth $52,175,000 after buying an additional 528,425 shares during the period. Finally, Hotchkis & Wiley Capital Management LLC acquired a new stake in J. M. Smucker during the 3rd quarter worth approximately $55,736,000. Institutional investors own 81.66% of the company’s stock.
J. M. Smucker Company Profile
The J. M. Smucker Company is a diversified food and beverage manufacturer and marketer known for a portfolio of well-established consumer brands. The company’s main business activities include the production and distribution of fruit spreads, peanut butter, coffee and coffee filters, as well as pet food and pet snacks. Smucker’s core product lines serve both retail and foodservice customers through grocery chains, mass merchandisers, club stores, convenience outlets and e-commerce channels.
Among its leading brands are Smucker’s® fruit spreads, Jif® peanut butter, Folgers® and Dunkin’® coffees, and Café Bustelo® coffee.
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