J.M. Smucker Co (NYSE: SJM) is -7.25% lower on its value in year-to-date trading and has touched a low of $99.81 and a high of $134.62 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The SJM stock was last observed hovering at around $102.54 in the last trading session, with the day’s loss setting it -0.4%.
Currently trading at $102.14, the stock is -4.92% and -8.52% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.96 million and changing -0.39% at the moment leaves the stock -10.94% off its SMA200. SJM registered -21.88% loss for a year compared to 6-month loss of -15.21%. The firm has a 50-day simple moving average (SMA 50) of $111.652 and a 200-day simple moving average (SMA200) of $114.6843.
The stock witnessed a -9.43% gain in the last 1 month and extending the period to 3 months gives it a -16.01%, and is 1.23% up 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 2.23% over the week and 2.14% over the month.
J.M. Smucker Co (SJM) has around 9000 employees, a market worth around $10.87B and $8.83B in sales. Current P/E ratio is 20.63 and Fwd P/E is 9.69. Profit margin for the company is 5.96%. Distance from 52-week low is 2.33% and -24.13% from its 52-week high. The company has generated returns on investments over the last 12 months (3.62%).
The EPS is expected to shrink by -0.46% this year.
J.M. Smucker Co (SJM) Top Institutional Holders
1159.0 institutions hold shares in J.M. Smucker Co (SJM), with institutional investors hold 85.69% of the company’s shares. The shares outstanding are 106.42M, and float is at 103.73M with Short Float at 3.93%. Institutions hold 83.24% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 13.01 million shares valued at $1.42 billion. The investor’s holdings represent 12.4994% of the SJM Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 8.17 million shares valued at $890.59 million to account for 7.8459 of the shares outstanding. The other top investors are STATE STREET CORP which holds 6.35 million shares representing 6.0982% and valued at over $692.22 million, while BOSTON PARTNERS holds 2.9742 of the shares totaling 3.1 million with a market value of $338.0 million.
J.M. Smucker Co (SJM) Insider Activity
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 994 shares of the company’s common stock on Dec 17 ’24 at a price of $113.00 per share for a total of $0.11 million. Following the sale, the insider now owns 18734.0 shares.
Still, SEC filings show that on Jun 21 ’24, SMUCKER MARK T (Chair of Board, Pres & CEO) disposed off 10,000 shares at an average price of $110.16 for $1.1 million. The insider now directly holds 78,757 shares of J.M. Smucker Co (SJM).
