For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
After finishing at $72.99 in the prior trading day, Scotts Miracle-Gro Company (NYSE: SMG) closed at $72.60, down -0.53%. In other words, the price has decreased by -$0.53 from its previous closing price. On the day, 1.52 million shares were traded. SMG stock price reached its highest trading level at $74.06 during the session, while it also had its lowest trading level at $70.94.
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 57.31 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 7.03. 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 Aug 21 ’24 when Baxter Nathan Eric sold 2,988 shares for $70.93 per share. The transaction valued at 211,931 led to the insider holds 37,920 shares of the business.
Baxter Nathan Eric sold 928 shares of SMG for $65,490 on Aug 22 ’24. The EVP and COO now owns 36,993 shares after completing the transaction at $70.57 per share. On Aug 21 ’24, another insider, Hagedorn Partnership, L.P., who serves as the 10% Owner of the company, sold 85,130 shares for $70.93 each. As a result, the insider received 6,038,041 and left with 13,608,238 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 4125211648 and an Enterprise Value of 6286139904. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.15. Its current Enterprise Value per Revenue stands at 1.769 whereas that against EBITDA is 14.428.
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 $48.29. The 50-Day Moving Average of the stock is -10.23%, while the 200-Day Moving Average is calculated to be 3.18%.
Shares Statistics:
The stock has traded on average 718.61K shares per day over the past 3-months and 1222850 shares per day over the last 10 days, according to various share statistics. A total of 56.50M shares are outstanding, with a floating share count of 42.73M. Insiders hold about 24.80% of the company’s shares, while institutions hold 81.28% stake in the company. Shares short for SMG as of 1728950400 were 5253001 with a Short Ratio of 7.31, compared to 1726185600 on 5243665. Therefore, it implies a Short% of Shares Outstanding of 5253001 and a Short% of Float of 12.350000399999999.
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 0.03616934The stock’s 5-year Average Dividend Yield is 2.88.
