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.

A number of analysts gave price targets for SMG. The maximum price target given was 105, implying a possible profit 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. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -4.07 percent.

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, compared to 2 analysts that revised their FY estimates downwards.

Analysts estimate earnings of SMG to grow at a rate of 76.72 percent. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. Investors like to see smaller values for the PEG ratio, as that can indicate whether the high price level of a stock is warranted by high growth. PEG ratios below 1 are often considered desirable, although it is frequently more appropriate to compare PEG ratios to the company's peers. The PEG ratio of SMG is 0.53.

In the trailing 52-weeks, SMG hit 98.82 at the highest peak, while it's lowest trading point was 73.13. Today's price is 30.81 percent above the 52-week low, and 3.2 percent lower than its 52-week high. 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 market cap of SMG is $5.7 billion. SMG's next earnings release will be on 0000-00-00, which is days away.