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.

Investment analysts gave a few price targets for SMG. The highest price target 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. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change 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. On the other hand, earnings estimates for the fiscal year have been revised downwards by -0.24 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of -4.07 percent in FY estimates.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. Over the past month, 0 analysts increased their quarterly estimates, while 1 analysts made negative revisions. 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. 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. Many investors consider PEG ratios between 0 and 1 as preferrable, even though it may be more relevant to compare the ratio to that of a firm's competitors. 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 P/E 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 will post this quarters earnings in days, on 0000-00-00.