J.M. Smucker Co. (SJM) concluded trading on Wednesday at a closing price of $114.73, with 3.06 million shares of worth about $351.51 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -5.83% during that period and on August 28, 2024 the price saw a loss of about -4.95%. Currently the company’s common shares owned by public are about 106.19M shares, out of which, 103.75M shares are available for trading.
Stock saw a price change of -5.16% in past 5 days and over the past one month there was a price change of -3.56%. Year-to-date (YTD), SJM shares are showing a performance of -9.22% which decreased to -19.71% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $105.69 but also hit the highest price of $147.48 during that period. The average intraday trading volume for J.M. Smucker Co. shares is 1.19 million. The stock is currently trading -4.34% below its 20-day simple moving average (SMA20), while that difference is down -0.97% for SMA50 and it goes to -3.42% lower than SMA200.
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J.M. Smucker Co. (NYSE: SJM) currently have 106.19M outstanding shares and institutions hold larger chunk of about 84.88% of that.
The stock has a current market capitalization of $12.21B and its 3Y-monthly beta is at 0.24. PE ratio of stock for trailing 12 months is 16.08, while it has posted earnings per share of $7.14 in the same period. Its PEG reads 2.90 and has Quick Ratio of 0.25 while making debt-to-equity ratio of 1.11. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for SJM, volatility over the week remained 1.74% while standing at 2.03% over the month.
Stock’s fiscal year EPS is expected to rise by 0.54% while it is estimated to increase by 8.88% in next year. EPS is likely to shrink at an annualized rate of 5.54% for next 5-years, compared to annual growth of 9.54% made by the stock over the past 5-years.
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 DA Davidson on March 01, 2024 offering a Neutral rating for the stock and assigned a target price of $132 to it. Coverage by Stifel stated J.M. Smucker Co. (SJM) stock as a Buy in their note to investors on February 28, 2024, suggesting a price target of $135 for the stock. On February 01, 2024, Citigroup Initiated their recommendations, while on December 12, 2023, Wells Fargo Initiated their ratings for the stock with a price target of $140. Stock get an Equal-weight rating from Morgan Stanley on December 06, 2023.
