J. M. Smucker (NYSE:SJM – Get Free Report) updated its FY 2027 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of 10.500-11.000 for the period, compared to the consensus earnings per share estimate of 10.030. The company issued revenue guidance of $8.9 billion-$9.0 billion, compared to the consensus revenue estimate of $8.8 billion.
J. M. Smucker Trading Up 0.8%
Shares of NYSE SJM opened at $131.92 on Friday. The company has a quick ratio of 0.33, a current ratio of 0.87 and a debt-to-equity ratio of 1.11. J. M. Smucker has a 12 month low of $88.25 and a 12 month high of $135.89. The company has a market cap of $14.07 billion, a price-to-earnings ratio of 61.64, a P/E/G ratio of 1.75 and a beta of 0.25. The business has a fifty day simple moving average of $117.28 and a 200-day simple moving average of $107.97.
J. M. Smucker (NYSE:SJM – Get Free Report) last issued its quarterly earnings results on Wednesday, August 26th. The company reported $3.24 earnings per share for the quarter, topping analysts’ consensus estimates of $2.22 by $1.02. The firm had revenue of $2.22 billion for the quarter, compared to analysts’ expectations of $2.13 billion. J. M. Smucker had a return on equity of 19.85% and a net margin of 2.51%.J. M. Smucker’s revenue was up 5.0% on a year-over-year basis. During the same quarter last year, the business posted $1.90 EPS. J. M. Smucker has set its FY 2027 guidance at 10.500-11.000 EPS. Sell-side analysts predict that J. M. Smucker will post 10.1 EPS for the current year.
J. M. Smucker Increases Dividend
Wall Street Analyst Weigh In
A number of equities research analysts have recently issued reports on SJM shares. UBS Group boosted their price target on shares of J. M. Smucker from $130.00 to $142.00 and gave the company a “buy” rating in a report on Thursday, August 20th. Royal Bank Of Canada raised their price objective on shares of J. M. Smucker from $135.00 to $150.00 and gave the stock an “outperform” rating in a research note on Tuesday. Morgan Stanley lifted their price objective on shares of J. M. Smucker from $106.00 to $110.00 and gave the stock an “equal weight” rating in a research report on Wednesday, June 10th. Deutsche Bank Aktiengesellschaft set a $125.00 target price on shares of J. M. Smucker in a research note on Thursday. Finally, Bank of America increased their target price on J. M. Smucker from $130.00 to $132.00 and gave the company a “buy” rating in a report on Wednesday, June 10th. Ten research analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $136.25.
Read Our Latest Stock Analysis on SJM
Insider Buying and Selling
In related news, insider Jeannette L. Knudsen sold 4,353 shares of the business’s stock in a transaction that occurred on Friday, June 26th. The shares were sold at an average price of $115.08, for a total transaction of $500,943.24. Following the transaction, the insider directly owned 16,835 shares of the company’s stock, valued at approximately $1,937,371.80. The trade was a 20.54% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CFO Tucker H. Marshall sold 3,630 shares of the company’s stock in a transaction that occurred on Wednesday, June 24th. The shares were sold at an average price of $111.05, for a total transaction of $403,111.50. Following the completion of the transaction, the chief financial officer owned 38,699 shares in the company, valued at approximately $4,297,523.95. This represents a 8.58% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders sold 18,533 shares of company stock worth $2,132,914. 2.80% of the stock is owned by company insiders.
J. M. Smucker News Summary
Here are the key news stories impacting J. M. Smucker this week:
- Positive Sentiment: Quarterly results exceeded expectations. Adjusted EPS was $3.24 versus the $2.22 analyst consensus, while sales rose 5% year over year to approximately $2.22 billion, ahead of the $2.13 billion estimate. J.M. Smucker fiscal 2027 first-quarter results
- Positive Sentiment: Coffee and key brands drove momentum. U.S. Retail Coffee sales increased 13% to $807.8 million, helped by higher pricing and steady demand. Frozen handheld and spreads sales, including Uncrustables, rose 3%. J.M. Smucker forecasts smaller sales decline
- Positive Sentiment: Management raised its fiscal 2027 outlook. The company now expects sales to decline only 1% to 2%, compared with its previous 3% to 4% forecast. Adjusted EPS guidance increased to $10.50-$11.00, above the roughly $10.03 consensus, and projected free cash flow rose to about $1.1 billion. J.M. Smucker lifts fiscal 2027 outlook
- Positive Sentiment: Analysts increased their expectations. TD Cowen raised its price target from $123 to $136 while maintaining a Hold rating. Other analysts also lifted targets following the earnings beat, supporting the view that Smucker’s turnaround is progressing.
- Neutral Sentiment: The quarter benefited from approximately $115 million in tariff refunds, so investors may question how much of the 71% adjusted-EPS growth is repeatable. However, operating cash flow and free cash flow also improved substantially.
- Negative Sentiment: Coffee affordability remains a risk. Smucker has not reduced coffee prices and is relying on promotions instead, which could pressure margins or demand if elevated prices persist. The stock is also approaching technical resistance near its 52-week high, potentially limiting near-term upside.
Institutional Investors Weigh In On J. M. Smucker
Institutional investors have recently made changes to their positions in the company. Garton & Associates Financial Advisors LLC bought a new stake in J. M. Smucker during the fourth quarter worth approximately $25,000. CYBER HORNET ETFs LLC acquired a new position in J. M. Smucker in the 2nd quarter valued at $27,000. MUFG Securities EMEA plc acquired a new position in J. M. Smucker during the 2nd quarter worth $31,000. Los Angeles Capital Management LLC bought a new position in shares of J. M. Smucker in the fourth quarter worth about $46,000. Finally, Zions Bancorporation National Association UT lifted its position in shares of J. M. Smucker by 48.2% during the 4th quarter. Zions Bancorporation National Association UT now owns 529 shares of the company’s stock worth $52,000 after purchasing an additional 172 shares during the last quarter. 81.66% of the stock is currently owned by institutional investors and hedge funds.
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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