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Scotts Miracle-Gro Company (NYSE: SMG) closed the day trading at $77.09 up 1.70% from the previous closing price of $75.80. In other words, the price has increased by $1.70 from its previous closing price. On the day, 0.5 million shares were traded. SMG stock price reached its highest trading level at $77.14 during the session, while it also had its lowest trading level at $75.25.
Ratios:
For a better understanding of SMG, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 62.86 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 7.71. For the most recent quarter (mrq), Quick Ratio is recorded 0.52 and its Current Ratio is at 1.31.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Truist on April 05, 2024, Downgraded its rating to Hold and sets its target price to $75 from $65 previously.
Stifel Downgraded its Buy to Hold on July 13, 2023, whereas the target price for the stock was revised from $78 to $72.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Nov 27 ’24 when Hagedorn Partnership, L.P. bought 28,500 shares for $76.00 per share.
DeMuesy Julie bought 4,592 shares of SMG for $375,750 on Nov 25 ’24. On Aug 21 ’24, another insider, Baxter Nathan Eric, who serves as the EVP and COO of the company, sold 2,988 shares for $70.93 each. As a result, the insider received 211,931 and left with 37,920 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, SMG now has a Market Capitalization of 4425436160 and an Enterprise Value of 6541621248. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.27. Its current Enterprise Value per Revenue stands at 1.841 whereas that against EBITDA is 15.014.
Stock Price History:
Over the past 52 weeks, SMG has reached a high of $93.90, while it has fallen to a 52-week low of $53.43. The 50-Day Moving Average of the stock is -6.68%, while the 200-Day Moving Average is calculated to be 7.54%.
Shares Statistics:
Over the past 3-months, SMG traded about 766.89K shares per day on average, while over the past 10 days, SMG traded about 745570 shares per day. A total of 57.10M shares are outstanding, with a floating share count of 43.12M. Insiders hold about 24.89% of the company’s shares, while institutions hold 76.35% stake in the company. Shares short for SMG as of 1731628800 were 4802240 with a Short Ratio of 6.26, compared to 1728950400 on 5253001. Therefore, it implies a Short% of Shares Outstanding of 4802240 and a Short% of Float of 11.29.
Dividends & Splits
SMG’s forward annual dividend rate is 2.64, up from 2.64 a year ago. Against a Trailing Annual Dividend Yield of 0.034828495The stock’s 5-year Average Dividend Yield is 2.9.
