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After finishing at $68.50 in the prior trading day, Scotts Miracle-Gro Company (NYSE: SMG) closed at $67.29, down -1.77%. In other words, the price has decreased by -$1.77 from its previous closing price. On the day, 0.61 million shares were traded. SMG stock price reached its highest trading level at $69.51 during the session, while it also had its lowest trading level at $66.9.
Ratios:
Our goal is to gain a better understanding of SMG by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 53.95 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 6.62. 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 this company, Jefferies on December 09, 2024, initiated with a Hold rating and assigned the stock a target price of $72.
On April 05, 2024, Truist Downgraded its rating to Hold which previously was Buy and also upped its target price recommendation from $65 to $75.
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 Dec 09 ’24 when Hagedorn Partnership, L.P. sold 108,550 shares for $74.62 per share. The transaction valued at 8,100,354 led to the insider holds 13,444,724 shares of the business.
HAGEDORN ROBERT sold 108,550 shares of SMG for $8,100,354 on Dec 09 ’24. The 10% Owner now owns 13,444,724 shares after completing the transaction at $74.62 per share. On Dec 09 ’24, another insider, Baxter Nathan Eric, who serves as the EVP and COO of the company, sold 11,359 shares for $75.37 each. As a result, the insider received 856,097 and left with 51,631 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 3866045952 and an Enterprise Value of 6052850176. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.09. Its current Enterprise Value per Revenue stands at 1.704 whereas that against EBITDA is 13.892.
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 -15.78%, while the 200-Day Moving Average is calculated to be -7.24%.
Shares Statistics:
The stock has traded on average 793.99K shares per day over the past 3-months and 659230 shares per day over the last 10 days, according to various share statistics. A total of 57.10M shares are outstanding, with a floating share count of 43.43M. Insiders hold about 24.34% of the company’s shares, while institutions hold 76.40% stake in the company. Shares short for SMG as of 1732838400 were 4855186 with a Short Ratio of 6.11, compared to 1730332800 on 5027630. Therefore, it implies a Short% of Shares Outstanding of 4855186 and a Short% of Float of 11.26.
Dividends & Splits
In the trailing 12 months, SMG’s forward annual dividend rate was 2.64, compared to 2.64 this year. Against a Trailing Annual Dividend Yield of 0.038540147The stock’s 5-year Average Dividend Yield is 2.9.
