For its third fiscal quarter (ending June 30), The Scotts Miracle-Gro Co (NYSE: SMG) has reported E.P.S. of $2.33 compared to $0.78 a year ago. For the latest four quarters through June 30, E.P.S. were $-4.64 versus $-2.39 for the same period a year ago.
Recent Price Action
On 7/31/24, The Scotts Miracle-Gro Co (NYSE: SMG) stock enjoyed a major increase of 11.9%, closing at $78.60. Moreover, exceptionally high trading volume at 385% of normal accompanied the advance. The stock has risen 14.3% during the last week and has been strong relative to the market over the last nine months.
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.
Be the first to comment