The Street Is Finally Waking Up To J.M. Smucker Co. (NYSE: SJM)

After Hours

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. Earlier, Yahoo Finance discussed this stock as it revealed The J.M. Smucker Co. Declares Dividend.

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Stocks Info

J.M. Smucker Co. is listed on the NYSE as a member of the Consumer Defensive sector and is a part of the Packaged Foods industry. At the end of the last regular session, the stock closed at $131.24 and fluctuated between $131.31 as its day high and $127.81 as its day low. The current market capitalization of J.M. Smucker Co. is $13.93B. A total of 1.48 million shares were traded on the day, compared to an average of 1.42M shares.

Insider Activity

Additionally, investors take into account insider trades when predicting how a stock will perform. 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

It is more appealing for investors to invest in companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook for the company. SJM’s most recent ex-dividend date was 2/15/2024 when it declared a $1.06 quarterly dividend that was paid in cash on 3/1/2024. Previously, the company paid the dividend on 12/1/2023 with an ex-dividend date of 11/16/2023. The SJM stock dividend was $1.06 per share in cash.

Though price targets are rarely accurate, they can exert some influence from time to time and were often accepted as valuable by the market. 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 $Sociedad Quimica y Minera S.A. per share for the current quarter. EPS was calculated based on a consensus of Symbotic Inc. estimates, with a high estimate of $San Juan Basin Royalty Trust per share and a lower estimate of $STMicroelectronics N.V.

Balance Sheet Annually/Quarterly

A balance sheet is a report that shows the company’s assets and liabilities. In addition, it shows how much equity investors have invested in the company. Investors can determine the company’s prospects by calculating its financial ratios based on this information. 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

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. 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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