J.M. Smucker Co. (SJM) Review – Making Smarter Decisions

J.M. Smucker Co. (NYSE: SJM) is 3.73% higher on its value in year-to-date trading and has touched a low of $107.33 and a high of $159.92 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The SJM stock was last observed hovering at around $131.62 in the last trading session, with the day’s loss setting it -0.53%.

Currently trading at $131.09, the stock is 0.37% and 4.56% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.89 million and changing -0.40% at the moment leaves the stock -2.66% off its SMA200. SJM registered -12.61% loss for a year compared to 6-month loss of -11.52%. The firm has a 50-day simple moving average (SMA 50) of $2.17 and a 200-day simple moving average (SMA200) of $28.93.

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The stock witnessed a -0.09% gain in the last 1 month and extending the period to 3 months gives it a 19.02%, and is -1.98% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.27% over the week and 1.92% over the month.

J.M. Smucker Co. (SJM) has around 5800 employees, a market worth around $13.91B and $8.19B in sales. Fwd P/E is 12.87. Profit margin for the company is -0.16%. Distance from 52-week low is 22.14% and -18.03% from its 52-week high. The company has generated returns on investments over the last 12 months (-0.09%).

J.M. Smucker Co. quarterly earnings per share for the current quarter are estimated at $2.27 with sales reaching $2.22B over the same period.The EPS is expected to grow by 6.82% this year, but quarterly earnings will post -3.40% year-over-year.

1,231 institutions hold shares in J.M. Smucker Co. (SJM), with institutional investors hold 84.17% of the company’s shares. The shares outstanding are 104.40M, and float is at 103.50M with Short Float at 4.37%. Institutions hold 81.26% of the Float.

The top institutional shareholder in the company is Vanguard Group Inc with over 13.29 million shares valued at $1.96 billion. The investor’s holdings represent 13.02% of the SJM Shares outstanding. As of Jun 29, 2023, the second largest holder is Blackrock Inc. with 10.0 million shares valued at $1.48 billion to account for 9.79% of the shares outstanding. The other top investors are State Street Corporation which holds 6.82 million shares representing 6.67% and valued at over $1.01 billion, while Geode Capital Management, LLC holds 2.31% of the shares totaling 2.36 million with a market value of $348.22 million.

J.M. Smucker Co. (SJM) Insider Activity

A total of 9 insider transactions have happened at J.M. Smucker Co. (SJM) in the last six months, with sales accounting for 4 and purchases happening 5 times. The most recent transaction is an insider sale by Marshall Tucker H, the company’s Chief Financial Officer. SEC filings show that Marshall Tucker H sold 1,500 shares of the company’s common stock on Dec 15 at a price of $124.53 per share for a total of $0.19 million. Following the sale, the insider now owns 10126.0 shares.

J.M. Smucker Co. disclosed in a document filed with the SEC on Dec 13 that AMIN TARANG (Director) bought a total of 1,000 shares of the company’s common stock. The trade occurred on Dec 13 and was made at $125.05 per share for $0.13 million. Following the transaction, the insider now directly holds 1000.0 shares of the SJM stock.

Still, SEC filings show that on Aug 31, Held Amy C (Chief Transformation Officer) disposed off 9,917 shares at an average price of $143.80 for $1.43 million. The insider now directly holds 5,972 shares of J.M. Smucker Co. (SJM).

J.M. Smucker Co. (SJM): Who are the competitors?

One of the company’s main competitors (and peers) include Nestle S.A. (NESN) that is trading -9.78% down over the past 12 months.Mondelez International Inc. Cl A (MDLZ) lies in the list of competitors of the J.M. Smucker Co. and is 14.14% higher over the same period from SJMKraft Heinz Co. (KHC) is -7.97% down on the 1-year trading charts.