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.

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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. The current market capitalization of J.M. Smucker Co. is $11.66B. A total of 1.21 million shares were traded on the day, compared to an average of 1.28M shares.

In the most recent transaction, Knudsen Jeannette L sold 3,200 shares of SJM for 124.77 per share on Mar 27 ’24. After the transaction, the Chief Legal Officer now owns 8,946 company shares. In a previous transaction on Mar 04 ’24, Knudsen Jeannette L sold 6,500 shares at 121.78 per share. SJM shares that Chief Legal Officer owns now total 12,146.

Among the insiders who bought shares, AMIN TARANG acquired of 900 shares on Feb 29 ’24 at a per-share price of $122.22. This resulted in the Director holding 1,900 shares of SJM after the transaction. In another insider transaction, Marshall Tucker H sold 1,500 shares at $124.53 per share on Dec 15 ’23. Company shares held by the Chief Financial Officer now total 10,126.

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 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.

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. 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 $Symbotic Inc. per share for the current quarter. EPS was calculated based on a consensus of SJIM estimates, with a high estimate of $SM Energy Company per share and a lower estimate of $Sociedad Quimica y Minera S.A..

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 $71.20, 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 3.62.

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