Scotts Miracle Gro Co
5 Stocks I am Watching in a Turbulent Market
Looking across industries and sectors to gauge where we are as earnings winds down next week.
Here’s What’s Driving Scotts Miracle-Gro
There are four drivers that impact Scotts Miracle-Gro’s sales. In 2016, its net sales rose 4.0% YoY (year-over-year). In 2015, they rose 5.8% YoY.
Monsanto: Earnings Estimates and Target Price
As of December 25, 2017, Monsanto stock was covered by 18 analysts according to Reuters. The current consensus rating on the stock stood at 2.56.
What Investors Are Paying for Scotts Miracle-Gro
On January 25, Scotts Miracle-Gro was trading at a forward price-to-earnings multiple of 22.5x.
Canada’s Cannabis Act C-45 Makes Progress in the Senate
On May 28, Bill C-45, Canada’s recreational cannabis legalization bill, saw further progress in the Senate.
IIPR, CRON, TLRY Surging: A Good Day for Cannabis Stocks
It looks like cannabis stocks had a great day. Innovative Industrial Properties (IIPR), Cronos Group (CRON), and Tilray (TLRY) are all surging today.
Analyzing Scotts Miracle-Gro’s Valuation Multiple
As of April 24, Scotts Miracle-Gro (SMG) was trading at a forward PE multiple of 22.5x. In recent months, Scotts Miracle-Gro’s valuation rose.
Scorecard Update: 5 Stocks I am Watching in a Turbulent Market
It’s been 2 weeks since Market Realist’s CEO picked 5 stocks he was watching in the turbulent market, so let’s take a look back at how those picks have performance compared with the S&P 500.
Scotts Miracle-Gro: Analyst Recommendations and Target Prices
Analyst recommendations for Scotts Miracle-Gro (SMG) have trended with earnings estimates, with more analysts recommending a “buy” for the stock.
SMG’s 12-Month Price Target and Analysts’ Recommendations
Of the ten analysts surveyed by Reuters, five have “strong buy” to “buy” recommendations, four have “hold” recommendations, and one has a “sell” recommendation on SMG.
Junk Bond Issuance Was Dominated by First Data Corporation
E-commerce and payment solutions provider First Data Corporation (FDC) issued junk bonds worth $3.4 billion on October 29. This was the largest issue of October.
Scotts Miracle-Gro: Analysts’ Ratings after Q4
Scotts Miracle-Gro released its fiscal 2019 fourth-quarter and full-year results on November 6. Its stock has fallen 3.55% since its earnings release.
Do New Jersey Voters Want Marijuana Legalized in 2020?
In November, Democratic lawmakers dropped the bill for legalizing recreational marijuana in New Jersey through the Senate.
Analyzing Lowe’s Merchandise and Services Assortment
Lowe’s sources its merchandise from over 7,000 suppliers with no supplier accounting for more than 6% of sales.
Miracle-Gro, CannTrust, Emerald Health Stocks Surging
Scotts Miracle-Gro (SMG) reported its earnings this morning. Now SMG is surging alongside CannTrust and Emerald Health stocks. Here’s why.
SMG Stock’s Cannabis Bet Is Paying Off
SMG stock became hot last year with other core cannabis stocks like Canopy Growth (WEED) (CGC), Aurora Cannabis (ACB), and Tilray (TLRY).
Is Aphria Eyeing CannTrust’s Assets?
Aphria (APHA) had stellar Q4 earnings results. Its operating metrics significantly improved, turning its bottom line positive.
SMG: How Do Analysts View This Cannabis Stock?
Scotts Miracle-Gro (SMG) stock surged 14% in July. After SMG reported stellar Q3 earnings on July 31, its stock rose 8.6% after the results.
Why IIPR’s Q2 Earnings Came in Strong
Innovative Industrial Properties (IIPR) reported strong earnings results yesterday for the second quarter of 2019. Here’s what drove the results.
IIPR’s Q2 Earnings Call: Key Takeaways for Investors
So far, Innovative Industrial Properties (IIPR) stock has been impressive in 2019. The stock has gained almost 126% year-to-date.
Supreme Cannabis: Analysts’ Target Price in February
Among cannabis stocks (MJ), Supreme Cannabis (SPRWF) has provided an impressive return of 47% YTD (year-to-date).
Our 10, Make That 11, Stocks to Buy Scorecard
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18 Earnings Reports We’re Watching Closely Next Week
Last big week of earnings kicks off with not a lot to show for it in the market The week of April 30 is an exciting one in terms of earnings, and here are 18 companies we will be watching closely: Monday McDonald’s Corporation (NYSE: MCD) – before the market opens – great year last […]
Why Scotts Miracle-Gro Stock Fell 14% on January 30
On Tuesday, January 30, 2018, Scotts Miracle-Gro (SMG) reported its 1Q18 earnings with a GAAP loss per share of $0.35. The stock took a significant beating and fell 14%.
The Marijuana Ecosystem’s Potential Business Opportunities
Given that legislative approval is the strongest driving factor behind the boost in the marijuana industry, companies have rushed to capitalize on the wave.
Is Investment in the Marijuana Space Picking Up?
In the previous part of this series, we saw that the alcohol industry could expect marijuana legalization for recreational purposes as an extension to their growth strategy.
How Marijuana Acceptance Is Evolving Globally
It’s fascinating to see how the marijuana landscape around the world has evolved in the last three years. According to Canopy Growth (WEED.TO), Canada, Israel, the Czech Republic, Uruguay, and the Netherlands “established federally legal cannabis access regimes” in 2014.
Must-Knows before Investing in the Marijuana Industry
In our recent series Should You Jump on the Marijuana Bandwagon? we briefly touched upon the marijuana industry from an investment perspective.
Scotts Miracle-Gro: Ratings and Price Target for January
Nine Wall Street analysts are covering Scotts Miracle-Gro, They have a consensus mean rating of 2.3 on the stock with an overall “buy” recommendation as of January 10, 2018.
Analysts’ Estimates for Monsanto’s Margin Expansion
For 1Q18, Wall Street analysts estimate a gross income of $1.3 billion. On net sales of $2.8 billion, it will translate into a gross margin of 48%.
FMC: Analysts’ Ratings and Upgrades in November 2017
FMC (FMC) reported its earnings on November 6, 2017. It reported an EPS (earnings per share) of $0.7, which beat analysts’ estimate of $0.63 per share.
Weighing Trump’s Tax Rates against Agribusiness Rates
The Trump administration’s latest tax plan was announced on September 27 and has drawn criticism as well as support.
Top 10 Agricultural Chemicals Stocks Include Scotts Miracle-Gro
Over the past ten-year period, Scotts Miracle-Gro has risen 193.0% and significantly outperformed the S&P 500 Index’s rise of 69.2% over the same period.
Scotts Miracle-Gro’s Margins Are Expanding
During 3Q17, Scotts Miracle-Gro’s (SMG) margins saw some expansion YoY. The company’s sales growth of 8% helped the margin expansion.
Analyzing Scotts-Miracle Gro’s Sales
During 3Q17, Scotts Miracle-Gro’s overall sales rose 8% YoY (year-over-year) to $1.08 billion from $994 million in 3Q16.
Is Scotts Miracle-Gro Slowing Down?
Scotts Miracle-Gro (SMG) announced its recent earnings on August 1, 2017. The company reported EPS (earnings per share) of $2.53 without adjustments.
Scotts Miracle-Gro: Gross Margins Are Expected to Expand in 3Q17
Wall Street analysts expect gross income of $396 million in 3Q17, which will deliver a gross margin of 37% on 3Q17 sales estimates of $1.06 billion.
What to Expect from Scotts Miracle-Gro’s Margins in 2Q17
For its upcoming 2Q17 earnings, Scotts Miracle-Gro’s EBITDA is estimated to come in at $336 million—flat compared to 2Q16.
Analysts’ Estimates for Scotts Miracle-Gro’s Sales
Sell-side analysts estimate that Scotts Miracle-Gro could report sales of $1.2 million in 2Q17—about 2.8% higher than 2Q16.
Scotts Miracle-Gro and Its Rising Valuation
Since July 2016, Scotts Miracle-Gro’s PE ratio has trended higher, trading between 20.0x and 24.0x.
Scotts Miracle-Gro: Gross Margins in the Near Term
Analysts estimate that in the next three years, sales numbers for Scotts Miracle-Gro (SMG) will trickle down to gross margins.
How Scotts Miracle-Gro Is Embracing Cannabis
When the use of cannabis was made legal in Colorado in 2012, it opened a window of opportunity for businesses such as Scotts Miracle-Gro.
Is Hydroponics the Next Big Thing for Scotts Miracle-Gro?
Scotts Miracle-Gro’s (SMG) acquisition of Hawthrone Gardening helped the company make a foray into the hydroponics business.
Why Scotts Miracle-Gro’s Sales Rose 27% in 1Q17
Scotts Miracle-Gro (SMG) primarily sells its products in North American and European Union markets.
Will Scotts Miracle-Gro’s Free Cash Flow Rise in 2017?
In 1Q17, Wall Street analysts are estimating the company to report -$312 million in free cash flows.
What Analysts Expect for SMG’s 1Q17 Revenue
For 1Q17, Wall Street analysts expect Scotts Miracle-Gro to report $233 million in revenue, which would be a 5.3% decline compared to $246 million in 1Q16.
Scotts Miracle-Gro’s Century-Old History
The history The Scotts Miracle-Gro Company (SMG) dates back to 1868. Conceived by Orlando McLean Scott, it aimed to give farmers weed-free and clean fields. In 1907, Scott’s son, Dwight, saw an opportunity in lawns playing a role in the American lifestyle. Therefore, the company started selling grass seeds, which replaced lower quality grass starters […]
Comparing Scotts Miracle-Gro’s Returns
Returns Investors delay today’s consumption and invest so that they can have more tomorrow. While there are many investment vehicles to help achieve that purpose, investors are attracted to equities or stocks for the possibility of getting better returns. Within equity, the goal is to find the companies that can yield higher returns. In this […]
How Scotts Miracle-Gro’s Brands Overlap
Scotts’s products and brands The Scotts Miracle-Gro Company (SMG) sells many products that enable customers to grow and maintain lawns and gardens. Since growing lawns and gardens requires several elements, it’s not unusual that several players serve the market (FXZ). These include Central Garden & Pet (CENT), Spectrum Brands (SPB), and Seabord (SEB). The Scotts […]
Overview: Scotts Miracle-Gro’s Brands in Different Countries
Categories of products The Scotts Miracle-Gro Company (SMG) has several products under its umbrella. In North America, which includes the United States and Canada, the company offers products to lawn and garden markets in the consumer segment. Some of the brand names include Scotts, Turf Builder, Miracle-Gro, Nature’s Care, and Ortho. The company is also […]
Scotts Miracle-Gro’s Sales Focus on Two Regions
SMG’s sales The majority of The Scotts Miracle-Gro Company’s (SMG) sales come from the US market. The company’s Scotts, Miracle-Gro, and Ortho brands command more than half of the market share in the United States. The company also claims that the brand awareness level of these three brands stands at over 80%. Let’s look at […]
How Far Is Scotts Miracle-Gro’s Market Reach?
Beginnings in the United States The Scotts Miracle-Gro Company (SMG) began in the United States and initially focused on reaching out to customers within the country. Today, the company operates in 18 countries and has a market capitalization of $5.8 billion. Scotts Miracle-Gro is present in the United States, Europe, Canada, and the Asia-Pacific region. The […]
Company Overview: The Scotts Miracle-Gro Company 2016
The Scotts Miracle-Gro Company (SMG) is easy to miss if you find the lawn and gardening business unexciting. However, this company has returned an impressive 49% YTD (year-to-date), outperforming the S&P 500 (SPY), which has returned 11% so far this year.
Volatility Impacted Scotts Miracle-Gro in 4Q16
Scotts Miracle-Gro (SMG), a consumer lawn and garden products company, reported its fourth quarter and fiscal earnings last week.
Leveraged Loans Issuance Hit Year-to-Date Record Last Week
The US leveraged loans market saw an allocation of $9.0 billion worth of dollar-denominated senior loans in the week to April 8.