J.M. Smucker stock: buy or sell?
September 20th, 2019
The J. M. Smucker Company manufactures and markets branded food and beverage products worldwide. It operates through U.S.
Should I buy J.M. Smucker stock?You can't be a successful trader if you don't follow a methodolgy or system that assist you in choosing companies and the correct market timing. That's why is so important to choose your own trading strategy that fits your character as inversor. There are thousands of trading strategies for you to choose, but at Stocks2.com we prefer those that are simple but successful.
None of our preferred buy setups matches with J.M. Smucker stock situation right now, hence this is not a suitable entry point.
|New all-time high||No|
|New 52 week high||No|
|Price crossing up 200d MA||No|
|100d MA crossing up 200d MA||No|
Is J.M. Smucker stock a buy?
Banks and financial institutions publish stock ratings everyday.At Stocks2.com, we gathered 15 ratings published for SJM stock in the last 30 days. The general sentiment of these ratings is bearish for SJM stock, with 3 negative ratings.
|Date||Analyst / Broker||Previous rating||Current rating|
|2019-8-28||Wells Fargo & Co||n/a||Market Perform|
|2019-8-28||Bank of America||n/a||Neutral|
|2019-7-22||Credit Suisse Group||n/a||Neutral|
|2019-6-7||Wells Fargo & Co||n/a||Market Perform|
|2019-6-7||Morgan Stanley||n/a||Equal Weight|
|2019-5-17||Bank of America||n/a||Neutral|
|2019-5-17||Bank of America||n/a||Neutral|
|2019-4-8||Credit Suisse Group||Underperform||Neutral|
|2019-4-18||Morgan Stanley||Underweight||Equal Weight|
|2019-2-27||Credit Suisse Group||Underperform||Underperform|
J.M. Smucker stock analysis
J.M. Smucker closed today at $107.82 and remained steady a neutral 0.17%.
J.M. Smucker closed today at $107.82 and remained steady a neutral 0.17%. In the last 24 days when SJM stock price broke down the SMA200d line, it slid $-5.11 per share (-4.52%). From a daily perspective, SJM is in a short term uptrend after plotting its last bottom ($105.21, on Sep/13) higher than the previous bottom, and its last top ($109.81, on Sep/18) also over the previous top. Now trading in between its last bottom and last top SJM might consolidate in a plain range, waiting to break out over $109.81 or down under $105.21.
Shares of J.M. Smucker grew a slightly good 1.23% this week. For 3 weeks in a row, price soared and marked a profit of 2.39%. Late August SJM plummed a bloodcurdling -5.74% in just one week.
Since price and 40-weeks moving average lines crossed down late August, SJM fell $-3.38 per share (-3.04%). Trading stocks that are below the 40-weeks (that is, 200-days) moving average line is not recommended by many experts, as it indicates that the stock has not enough institutional support. Since SMA20w and SMA40w crossed up late April, SJM price slid a -9.36%.
J.M. Smucker stock price history
J.M. Smucker stock went public on October 31st, 1994 with a price of $11.421. Since then, SJM stock surged a 844.10%, with an average of 35.20% per year. If you had invested $1,000 in J.M. Smucker stock in 1994, it would worth $8,441.00 today.
1: Adjusted price after possible price splits or reverse-splits.
J.M. Smucker stock historical price chart
SJM stock reached 52-week highs on May at $127.43, and all-time highs 2016-08-05 with a price of 144.18.
J.M. Smucker stock price target is $112.80Nobody can reliably foresee how stock prices may evolve in the future. However, financial institutions invest time and resources to provide the most accurated estimations to help investors to make their decisions. We do not recommend to follow these stock price predictions without a critical thinking from your side, as their accuracy is usually low. For the last month we found 13 price targets for J.M. Smucker stock:
|Date||Analyst / Broker||Action||Previous target||Current target||Diff|
|2019-8-28||Wells Fargo & Co||Reiterates||$114.00||$107.00||-6.1%|
|2019-8-28||Stifel Nicolaus||Lowers Target||$120.00||$110.00||-8.3%|
|2019-8-28||Bank of America||Lowers Target||$128.00||$122.00||-4.7%|
|2019-7-22||Credit Suisse Group||Lowers Target||$120.00||$114.00||-5%|
|2019-6-7||Wells Fargo & Co||Raises Target||$110.00||$114.00||3.6%|
|2019-6-7||Morgan Stanley||Raises Target||$117.00||$120.00||2.6%|
|2019-5-17||Bank of America||Reiterates||n/a||$107.00||-|
|2019-5-17||Bank of America||Raises Target||$107.00||$128.00||19.6%|
|2019-4-8||Credit Suisse Group||Upgrades||$96.00||$120.00||25%|
|2019-2-27||Morgan Stanley||Raises Target||$98.00||$104.00||6.1%|
|2019-2-27||Credit Suisse Group||Raises Target||$94.00||$96.00||2.1%|
Financials and fundamental analysis
Earnings date and Earnings per ShareOn February, J.M. Smucker reported its latest financial data, posting a beatiful climb for the Earnings per Share (EPS). Experts were expecting $2.03 per share, but J.M. Smucker posted $2.26.
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Annual financial resultsIn 2018, J.M. Smucker annual revenues remained constant a neutral -0.04% to $7,357.10 M USD from $7,360.00 marked in 2018. Aligned with this, its income margin (compared to sales) stayed constant to 18.19%, that is $1,338.60 million. J.M. Smucker fiscal year ends in April, and to compare its evolution since then, we estimate annual sales and income figures by adding results from the last 4 quarters. This is called TTM (or Twelve Trailing Months). So, J.M. Smucker TTM sales up to January 2019 were $7,717.20 and earnings $628.80 million USD. When comparing this TTM figures with the last reported annuality, we can esteem J.M. Smucker business evolution since April 2018: Annual turnover up to January, compared to lastest yearly report, gained a nice 4.89%. Regarding profit margin, J.M. Smucker plunged -10.05% to 18.19%
|2014||$5,610 M||-||$561 M10.0%||-|
|2014||$5,610 M||0.00%||$561 M10.0%||0.00%|
|2015||$5,690 M||1.43%||$343 M6.0%||-38.88%|
|2015||$5,693 M||0.05%||$345 M6.1%||0.64%|
|2016||$7,810 M||37.19%||$686 M8.8%||98.81%|
|2016||$7,811 M||0.02%||$689 M8.8%||0.44%|
|2017||$7,390 M||-5.39%||$590 M8.0%||-14.40%|
|2017||$7,392 M||0.03%||$592 M8.0%||0.47%|
|2018||$7,360 M||-0.44%||$1,330 M18.1%||124.55%|
|2018||$7,357 M||-0.04%||$1,339 M18.2%||0.65%|
|TTM||$7,717 M||4.89%||$629 M8.1%||-53.03%|
Quarterly financial resultsJ.M. Smucker reported $2,011.90 M in sales for 2019-Q1, a -0.47% less compared to previous quarter. Reported quarter earnings marked $121.40 million with a profit margin of 6.03%. Profit margin decreased a -3.29% compared to previous quarter when profit margin was 9.32%. When comparing turnover to same quarter last year, J.M. Smucker sales marked a good gain and soared a 5.71%.
|2017-Q2||$1,780 M||-||$110 M6.2%||-|
|2017-Q3||$1,750 M||-1.69%||$126 M7.2%||14.94%|
|2017-Q4||$1,924 M||9.92%||$195 M10.1%||54.20%|
|2018-Q1||$1,903 M||-1.06%||$831 M43.7%||327.18%|
|2018-Q2||$1,781 M||-6.41%||$186 M10.4%||-77.64%|
|2018-Q3||$1,903 M||6.80%||$133 M7.0%||-28.46%|
|2018-Q4||$2,022 M||6.25%||$189 M9.3%||41.73%|
|2019-Q1||$2,012 M||-0.47%||$121 M6.0%||-35.60%|
J.M. Smucker ownershipWhen you are planning to buy shares of a company, it's always worth to check its ownership structure.
Management staff in all public traded companies that hold equity is required to report every transaction to the SEC. For J.M. Smucker, 4.53% of all outstanding shares are owned by its staff.
Bearish positions for SJM stock account 0.00%, no big difference from last month.
The following table compares ownership indicators for other stocks related to J.M. Smucker:
|Market cap||$12.3 B||$1.2 B||$14.4 B||$250.3 M||$32.8 B|
|Total shares||114.1 M||65.4 M||486.6 M||17.0 M||603.5 M|
|Float shares||109.4 M||63.8 M||484.2 M||9.8 M||600.0 M|
|- Institutional holdings (%)||80.5%||102.4%||90.7%||62.9%||71.2%|
|- Insider holdings (%)||4.5%||2.4%||0.9%||34.9%||0.3%|
|Shares in short selling||0.0%||0.0%||0.0%||0.0%||0.0%|
J.M. Smucker summary
|Friday, September 20th, 2019|
|Day range||$107.06 - $108.33|
|Average true range||$2.05|
|50d mov avg||$110.34|
|100d mov avg||$115.91|
|200d mov avg||$110.22|
J.M. Smucker performanceTo measure stock performance is always good to compare with competitors or related stocks. We chose B&G Foods, ConAgra Brands, Farmer Brothers, General Mills, The Hain Celestial, Coffee, The Kraft Heinz Co. and Treehouse Foods as the bechmarking frame for J.M. Smucker stock.
|HAINThe Hain Celestia...||3.20%||-8.50%||-18.85%|
|KHCThe Kraft Heinz C...||-9.20%||-10.21%||-48.00%|
J.M. Smucker competitorsWe picked a few stocks to conform a list of J.M. Smucker competitors to review if you are interested in investing in SJM:
- B&G Foods (BGS)
- ConAgra Brands (CAG)
- Farmer Brothers (FARM)
- General Mills (GIS)
- The Hain Celestial (HAIN)
- Coffee (JVA)
- The Kraft Heinz Co. (KHC)
- Treehouse Foods (THS)
Latest J.M. Smucker stock news
- Seeking AlphaAt 13.0x TTM P/E, Spread Some J.M. Smucker Into Your PortfolioOctober 15, 2018
- Seeking AlphaJ.M. Smucker: Time To Buy?September 5, 2018