Alert: Negative Fundamental Signals (7/5/24)-The Scotts Miracle-Gro Co (NYSE: SMG)

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The Scotts Miracle-Gro Co (NYSE: SMG) has recently experienced extremely important negative changes in fundamentals: 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 declined modestly by -1.3% on 7/5/24. The stock closed at $62.71. However, trading volume in this decline was unusually low at 65% of normal. The stock has been exceptionally strong relative to the market over the last nine months but has declined -6.2% during the last week.

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