Alert: New Earnings Report (11/26/24)-The J M Smucker Company (NYSE: SJM).

out_logo_500#16055.jpg

For its second fiscal quarter (ending October 31), The J M Smucker Company (NYSE: SJM) has reported a -112% decline in E.P.S. from $1.91 a year ago to $-0.23 in the current quarter. For the latest four quarters through October 31, E.P.S. were $4.96 versus $-0.03 for the same period a year ago — a decline of -16633%.

Recent Price Action

out_mm#16055.jpg
The J M Smucker Company (NYSE: SJM) stock enjoyed a very large increase of 5.7% on 11/26/24. The shares closed at $120.09. Moreover, this advance was accompanied by exceptionally high trading volume at 382% of normal. The stock has performed in line with the market over the last nine months and has risen 8.7% during the last week.

Current PriceTarget Research Rating

J M Smucker has a current Value Trend Rating of C (Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing highly consistent signals. J M Smucker has a neutral Appreciation Score of 56 and a neutral Power Rating of 48, with the Neutral Value Trend Rating the result.

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.

Be the first to comment

Leave a Reply

Your email address will not be published.


*