$3.45 EPS Expected for The Scotts Miracle-Gro Company (SMG)

April 17, 2018 - By Clifton Ray

The Scotts Miracle-Gro Company (NYSE:SMG) LogoInvestors sentiment increased to 1.08 in 2017 Q4. Its up 0.14, from 0.94 in 2017Q3. It increased, as 35 investors sold The Scotts Miracle-Gro Company shares while 93 reduced holdings. 48 funds opened positions while 90 raised stakes. 35.74 million shares or 6.92% less from 38.40 million shares in 2017Q3 were reported.
Baxter Bros, Connecticut-based fund reported 3,040 shares. Highlander Capital Ltd Liability Com has 200 shares. Cookson Peirce And stated it has 6,500 shares or 0.07% of all its holdings. Clearbridge Lc holds 0% in The Scotts Miracle-Gro Company (NYSE:SMG) or 253 shares. California Employees Retirement accumulated 113,004 shares. Aperio Grp Incorporated Ltd reported 24,887 shares. 9,001 were reported by Natl Asset Inc. M&T Financial Bank reported 0.01% in The Scotts Miracle-Gro Company (NYSE:SMG). Panagora Asset Mngmt accumulated 2,078 shares. Hsbc Plc holds 0% or 5,397 shares. Texas Permanent School Fund holds 27,638 shares or 0.04% of its portfolio. 14,675 are owned by State Treasurer State Of Michigan. Ledyard Commercial Bank holds 0% or 100 shares in its portfolio. Lenox Wealth Advisors Inc invested in 0% or 71 shares. Jpmorgan Chase accumulated 92,655 shares or 0% of the stock.

Since February 2, 2018, it had 0 buys, and 1 insider sale for $258,834 activity.

Analysts expect The Scotts Miracle-Gro Company (NYSE:SMG) to report $3.45 EPS on May, 1.They anticipate $0.67 EPS change or 24.10 % from last quarter’s $2.78 EPS. SMG’s profit would be $196.37M giving it 6.08 P/E if the $3.45 EPS is correct. After having $-1.08 EPS previously, The Scotts Miracle-Gro Company’s analysts see -419.44 % EPS growth. The stock increased 1.02% or $0.85 during the last trading session, reaching $83.96. About 532,226 shares traded. The Scotts Miracle-Gro Company (NYSE:SMG) has declined 6.67% since April 17, 2017 and is downtrending. It has underperformed by 18.22% the S&P500.

The Scotts Miracle-Gro Company (NYSE:SMG) Ratings Coverage

Among 4 analysts covering The Scotts Miracle Gro (NYSE:SMG), 1 have Buy rating, 0 Sell and 3 Hold. Therefore 25% are positive. The Scotts Miracle Gro had 5 analyst reports since November 8, 2017 according to SRatingsIntel. As per Wednesday, November 22, the company rating was maintained by KeyBanc Capital Markets. JP Morgan downgraded The Scotts Miracle-Gro Company (NYSE:SMG) on Wednesday, November 8 to “Neutral” rating. The firm has “Hold” rating given on Wednesday, November 8 by J.P. Morgan. The stock of The Scotts Miracle-Gro Company (NYSE:SMG) has “Buy” rating given on Wednesday, November 8 by Bank of America.

The Scotts Miracle-Gro Company manufactures, markets, and sells consumer lawn and garden products worldwide. The company has market cap of $4.78 billion. The Company’s Lawn Care segment offers lawn fertilizers, grass seed products, spreaders, other durable products, and outdoor cleaners, as well as lawn-related weed, pest, and disease control products. It has a 19.07 P/E ratio. The companyÂ’s Gardening and Landscape segment provides water soluble and continuous-release plant foods, potting mixes and garden soils, mulch and decorative groundcover products, plant-related pest and disease control products, organic garden products, live goods and seeding solutions, and hydroponic gardening products.

The Scotts Miracle-Gro Company (NYSE:SMG) Institutional Positions Chart

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