What Are The Chances Of J.M. Smucker Co. (NYSE: SJM) Becoming A Clear Buy?

After Hours

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. The stock was recently discussed on Yahoo Finance as it revealed that The Hostess® Brand Sweetens the Season of Love with Heartfelt Snacks for Your Valentine.

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Stocks Info

As a NYSE listed company, SJM falls under the Consumer Defensive sector while operating within the Packaged Foods industry segment. At the end of the last regular session, the stock closed at $129.30 and fluctuated between $130.51 as its day high and $128.52 as its day low. The current market capitalization of J.M. Smucker Co. is $13.72B. A total of 1.14 million shares were traded on the day, compared to an average of 1.43M shares.

Insider Activity

Aside from predicting where a stock will go, investors also consider insider trades as an indicator of the stock’s future direction. During the recent three months, SJM has seen 0 BUY and 0 SELL insider trades, representing the acquisition of 0 and the disposition of 0 shares. Over the last 12 months, there were 26 BUYs and 39 SELLs from insiders. Insiders purchased 185,730 shares during that period but sold 236,273.

In the most recent transaction, Marshall Tucker H sold 1,500 shares of SJM for 124.53 per share on Dec 15. After the transaction, the Chief Financial Officer now owns 10,126 company shares. In a previous transaction on Dec 13, AMIN TARANG bought 1,000 shares at 125.05 per share. SJM shares that Director owns now total 1,000.

Among the insiders who sold shares, Held Amy C disposed of 9,917 shares on Aug 31 at a per-share price of $143.80. This resulted in the Chief Transformation Officer holding 5,972 shares of SJM after the transaction. In another insider transaction, AMIN TARANG sold 7 shares at $139.32 per share on Aug 22. Company shares held by the Director now total 0.

Dividend

Investors prefer companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook. SJM’s most recent ex-dividend date was 11/16/2023 when it declared a $1.06 quarterly dividend that was paid in cash on 12/1/2023. Previously, the company paid the dividend on 9/1/2023 with an ex-dividend date of 8/17/2023. The SJM stock dividend was $1.06 per share in cash.

In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. According to analysts who have offered 12-month price targets for SJM in the last 3 months, the mean price target is $127.68 with high estimates of $150.00 and low estimates of $108.00. In terms of 52-week highs and lows, SJM has a high of $159.92 and a low of $107.33.

As of this writing, SJM has an earnings estimate of $2.27 per share for the current quarter. EPS was calculated based on a consensus of 13 estimates, with a high estimate of $2.32 per share and a lower estimate of $2.2. The company reported an EPS of $2.21 in the last quarter, which was 8.30% higher than expectations of $2.04.

Balance Sheet Annually/Quarterly

The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s prospects. SJM’s latest balance sheet shows that the firm has $169.90M in Cash & Short Term Investments as of fiscal 2022. There were $4.61B in debt and $1.95B in liabilities at the time. Its Book Value Per Share was $69.39, while its Total Shareholder’s Equity was $8.14B.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for SJM is Buy with a score of 3.17.

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