Alert: Negative Fundamental Signals (11/6/23)-The Scotts Miracle-Gro Co (NYSE: SMG)

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Recent exceptional negative changes in fundamentals have affected The Scotts Miracle-Gro Co (NYSE: SMG): significant quarterly sales deceleration occurred, significant quarterly earnings deceleration occurred, the consensus estimate for September, 2025 decreased significantly, and the consensus estimate for September, 2024 decreased significantly.

The stock is currently unrated.

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Current PriceTarget Research Rating

SMG’s future returns on capital are forecasted to be below the cost of capital. Accordingly, the company is expected to be a major Value Eraser.

Scotts Miracle-Gro is currently unrated.

Recent Price Action

The Scotts Miracle-Gro Co (NYSE: SMG) stock closed at $53.00 on 11/6/23 after a large decline of -2.4%. The stock has risen 17.8% during the last week but has been extremely weak relative to the market over the last nine months.

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