Analyst Ratings for Scotts Miracle-Gro Co. (SMG)

Updated: 2017-07-29

Analysts covering Scotts Miracle-Gro Co. (NYSE:SMG) have given it a consensus rating of Overweight. SMG had previously received a consensus rating of Overweight a month ago.

A buy rating was issued by 4 analysts, 2 gave an overweight rating, 4 gave a hold rating, 0 issued an underweight rating, and 0 issued a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has increased by 1. During this time, the number of analysts bearish on the stock has increased by 0.

Many analysts weighed in on price targets for SMG. The most optimistic price target was 105, implying potential capital gains of 9.76 percent. The most pessimistic price target was 95, implying potential capital losses of -0.69 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by them.

In the last 30 days, analysts have changed their quarterly earnings estimates downwards by an average of -0.4 percent. That number becomes -2.13 percent if we expand the time horizon to include the past 3 months instead of just one. Over the past 30 days, FY earnings estimates have also changed downwards by -0.24 percent. If we look at the last 90 days instead, we find a net average change of -4.07 percent in FY estimates.

Another thing investors often look at is the level of agreement among analysts' revisions. Over the past month, 0 analysts increased their quarterly estimates, which can be compared to the 1 analysts that decreased their estimates. Also over the last month, 0 analysts increased their estimates for the FY earnings, while 2 analysts made negative revisions to their fiscal year's estimates.

SMG has an estimated earnings growth rate of 76.72 percent as forecasted by analysts. Another measure frequently examined by investors is the PEG ratio. Investors like to see smaller values for the PEG ratio, because people typically see that as an indicator of higher growth relative to stock price. People often look for the PEG ratio to be under 1, although it is frequently more appropriate to compare PEG ratios to the company's peers. SMG has a PEG ratio of 0.53.

SMG has traded between a high of 98.82 and a low of 73.13 over the past year. Today's price is 30.81 percent above the 52-week low, and below the high by 3.2 percent. SMG has a price/earnings ratio of 41. Investors typically compare the P/E ratio to a company's peers in the industry. The SMG value stock report compares SMG to some of its peers using value stock charts. The stock has a market capitalization of $5.7 billion. SMG's next earnings release will be on 0000-00-00, which is days away.