Scotts Miracle-Gro Company (NYSE:SMG) price on current trading day, rose 5.07% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $52.94.
A look at the stock’s price movement, the level at last check in today’s session was $50.38, moving within a range at $50.32 and $53.45. The beta value (5-Year monthly) was 1.941. Turning to its 52-week performance, $93.90 and $45.61 were the 52-week high and 52-week low respectively. Overall, SMG moved -3.35% over the past month.
Scotts Miracle-Gro Company’s market cap currently stands at around $3.04 billion, with investors looking forward to this quarter’s earnings report slated for on 2025-Apr-29. The company has a Forward Dividend ratio of 2.64, with its dividend yield at 4.99%. As such, investors might be keen on an upside in the stock’s price ahead of the scheduled earnings report.
Analysts have a consensus estimate of 1.22B for the company’s revenue for the quarter, with a low and high estimate of 1.18B and 1.25B respectively. The average forecast suggests up to a 1.52% growth in sales growth compared to quarterly growth in the same period last fiscal year. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 3.42B, representing a -3.71% decline on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that SMG is a 50% Sell. On the other hand, the stock is on average a 100% Sell as suggested by medium term indicators while long term indicators are putting the stock in 100% Sell category.
4 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 2 analyst(s) rate the stock as a Hold, 2 recommend SMG as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 0 say it is a Sell. As such, the average rating for the stock is Buy which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
SMG’s current price about 1.87% and -6.13% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 47.49, while 7-day volatility ratio is 5.99% and 5.90% in the 30-day chart. Further, Scotts Miracle-Gro Company (SMG) has a beta value of 1.97, and an average true range (ATR) of 2.88. Analysts have given the company’s stock an average 52-week price target of $72, forecast between a low of $72 and high of $72. Looking at the price targets, the low is -36.0% off recent price level in today’s trading while to achieve the yearly target high, it has to move -36.0%. Nonetheless, investors will most likely welcome a -36.0% jump to $72 which is the analysts’ median price.
If we refocus on Scotts Miracle-Gro Company (NYSE:SMG), historical trading data shows that trading volumes averaged 1.77 over the past 10 days and 1.27 million over the past 3 months. The company’s latest data on shares outstanding shows there are 57.50 million shares.
The 24.15% of Scotts Miracle-Gro Company’s shares are in the hands of company insiders while institutional holders own 73.99% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 3.34 million on 2025-04-15, giving us a short ratio of 2.32. The data shows that as of 2025-04-15 short interest in Scotts Miracle-Gro Company (SMG) stood at 764.0 of shares outstanding, with shares short falling to 3.98 million registered in 2025-03-14. Current price change has pushed the stock -20.21% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the SMG stock continues to rise going into the next quarter.
