The J M Smucker Company (NYSE: SJM) has reported earnings for its fourth fiscal quarter (ending April 30) of $2.31 versus a loss $-5.69 for the same period a year ago. For the latest four quarters through April 30, E.P.S. were $7.14 compared to $-0.86 a year ago.
Recent Price Action
The J M Smucker Company (NYSE: SJM) stock closed at $115.37 on 6/6/24 after a large increase of 4.6%. Moreover, unusually high trading volume at 179% of normal accompanied the advance. The stock has risen 7.4% during the last week but has been weak relative to the market over the last nine months.
Current PriceTarget Research Rating
SJM is expected to continue to be an important Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
J M Smucker has a current Value Trend Rating of C (Low Neutral). The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. J M Smucker has a neutral Appreciation Score of 44 and a slightly negative Power Rating of 38, resulting in the Low Neutral Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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