Alert: New Earnings Report (11/6/24)-The Scotts Miracle-Gro Co (NYSE: SMG).

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The Scotts Miracle-Gro Co (NYSE: SMG) has reported a loss for its fourth fiscal quarter (ending September 30) of $-4.29 versus a loss $-8.33 for the same period a year ago — a decline of -48%. E.P.S. were $-0.61 for the latest four quarters through September 30 versus $-6.79 for the same period a year ago — a decline of -91%.

Recent Price Action

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On 11/6/24, The Scotts Miracle-Gro Co (NYSE: SMG) stock suffered a major decline of -20.5%, closing at $74.29. Moreover, exceptionally high trading volume at 651% of normal accompanied the decline. The stock has been exceptionally strong relative to the market over the last nine months but has declined -15.5% during the last week.

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.

Rating Review

The stock is currently unrated.

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