uploads///FY  Analysts Mean EPS Revision Over Last Month

How Analysts’ Earnings Estimates for CMP, SMG, and ICL Have Changed


Nov. 20 2020, Updated 2:34 p.m. ET

Other chemical stocks

In this concluding part of the series, we’ll cover analysts’ EPS (earnings per share) revisions for Compass Minerals International (CMP) and ScottsMiracle-Gro (SMG). We featured these stocks in Your Top 10 Agricultural Chemicals Stocks. Monsanto (MON) and PotashCorp (POT) were also included on that list of agricultural chemicals (MXI).

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Analysts’ revisions

Month-over-month, Wall Street analysts revised the fiscal 2018 EPS estimates for Compass Minerals International, ScottsMiracle-Gro, and Israel Chemicals (ICL) downward in September. Compass Minerals International’s earnings per share were revised down 2.0% from $4.13 to $4.05.

ScottsMiracle-Gro’s estimated earnings per share were revised down 1.0% from $4.56 to $4.53 for fiscal 2018. Israel Chemicals’ (ICL) EPS estimates were revised down 11.0% month-over-month from $0.37 to $0.33 per share.

Israel Chemicals stock has returned almost 10.0% YTD (year-to-date). The company’s Potash segment got a lift from potash prices firming up this year. However, its Phosphate segment could benefit from Mosaic’s loss in Florida as a result of Hurricane Irma.

ScottsMiracle-Gro (SMG) stock has priced in the upside resulting from the company’s acquisition of its Hydroponics and Indoor Gardening businesses. Over the last month, SMG rose 2.4%, and it has risen 1.4% year-to-date.

For ongoing industry updates, please visit Market Realist’s Agricultural Fertilizers page.


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