The J M Smucker Company (NYSE: SJM) has reported E.P.S. of $1.91 for its second fiscal quarter (ending October 31) versus $1.79 for the same period a year ago — an increase of 7%. For the latest four quarters through October 31, E.P.S. were $-0.03 versus $5.34 for the same period a year ago — a decline of -101%.
Recent Price Action
On 12/5/23, The J M Smucker Company (NYSE: SJM) stock enjoyed a large increase of 3.3%, closing at $116.12. Moreover, trading volume in this advance was exceptionally high at 228% of normal. The stock has risen 4.5% during the last week but has been weak relative to the market over the last nine months.
Current PriceTarget Research Rating
SJM’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be a major Value Builder.
J M Smucker has a current Value Trend Rating of D (Negative). This rating combines highly consistent signals from two proprietary PTR measures of a stock’s attractiveness. J M Smucker has a neutral Power Rating of 43 and a neutral Appreciation Score of 41, leading to the Negative Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of D. This review will be completed in the next several days.
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