J.M. Smucker Co (NYSE: SJM) is -0.67% lower on its value in year-to-date trading and has touched a low of $98.77 and a high of $127.59 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 $109.84 in the last trading session, with the day’s loss setting it -0.46%.
Currently trading at $109.38, the stock is 2.55% and 2.66% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.26 million and changing -0.42% at the moment leaves the stock -3.55% off its SMA200. SJM registered -10.74% loss for a year compared to 6-month loss of -4.62%.
The stock witnessed a 3.31% gain in the last 1 month and extending the period to 3 months gives it a -7.14%, and is 0.20% 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 4.18% over the week and 3.05% over the month.
J.M. Smucker Co (SJM) has around 9000 employees, a market worth around $11.64B and $8.79B in sales. Fwd P/E is 10.56. Profit margin for the company is -2.92%. Distance from 52-week low is 10.74% and -14.27% from its 52-week high. The company has generated returns on investments over the last 12 months (-1.92%).
The EPS is expected to grow by 0.80% this year
The shares outstanding are 106.42M, and float is at 103.73M with Short Float at 4.20%.
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 2.9126 of the shares totaling 3.1 million with a market value of $338.0 million.
J.M. Smucker Co (SJM) Insider Activity
A total of 0 insider transactions have happened at J.M. Smucker Co (SJM) in the last six months, with sales accounting for 0 and purchases happening 0 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 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).
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 -5.07% 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 -7.43% lower over the same period from SJMKraft Heinz Co. (KHC) is -12.33% down on the 1-year trading charts.
