Scotts Miracle-Gro Company (SMG) concluded trading on Wednesday at a closing price of $78.60, with 3.73 million shares of worth about $293.21 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 37.48% during that period and on July 31, 2024 the price saw a gain of about 11.90%. Currently the company’s common shares owned by public are about 56.50M shares, out of which, 42.40M shares are available for trading.
Stock saw a price change of 17.95% in past 5 days and over the past one month there was a price change of 23.80%. Year-to-date (YTD), SMG shares are showing a performance of 23.29% which increased to 12.22% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $43.67 but also hit the highest price of $77.95 during that period. The average intraday trading volume for Scotts Miracle-Gro Company shares is 910.98K. The stock is currently trading 19.45% above its 20-day simple moving average (SMA20), while that difference is up 18.82% for SMA50 and it goes to 25.77% higher than SMA200.
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Scotts Miracle-Gro Company (NYSE: SMG) currently have 56.50M outstanding shares and institutions hold larger chunk of about 79.67% of that.
The stock has a current market capitalization of $4.46B and its 3Y-monthly beta is at 1.74. It has posted earnings per share of -$6.24 in the same period. It has Quick Ratio of 1.05. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for SMG, volatility over the week remained 5.04% while standing at 3.84% over the month.
Stock’s fiscal year EPS is expected to rise by 114.03% while it is estimated to increase by 45.08% in next year.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Truist on April 05, 2024 offering a Hold rating for the stock and assigned a target price range of between $65 and $75 to it. On July 13, 2023, Stifel Downgrade their recommendations, while on July 11, 2023, Truist Upgrade their ratings for the stock with a price target of $80. Stock get an Overweight rating from JP Morgan on May 08, 2023.
