Following Denise Stump’s last SMG Sell transaction on July 28, 2016, the stock climbed by 7.8%. In addition to Denise Stump, 6 other SMG executives reported Sell trades in the last month.
Based on Scotts Miracle-Gro Company`s latest earnings report from March 31, the company posted quarterly revenue of $1.25B and quarterly net profit of $210.1M. In comparison, last year the company earned revenue of $1.21B and had a net profit of $133.4M. The company has a one year high of $83.26 and a one year low of $58.83. SMG’s market cap is $4.94B and the company has a P/E ratio of 28.84.
Based on 3 analyst ratings, the analyst consensus is Strong Buy with an average price target of $85.00, reflecting a -4.1% downside.
Looking at blogger coverage of SMG, there is a 80% Bullish tendency on the stock, in relation to a 65% average bullish tendency within the Materials sector.
In the last 30 days, insiders have sold $4.29M worth of SMG shares and purchased $2,004 worth of SMG shares. Over the last 3 months, the insider sentiment on Scotts Miracle-Gro Company has been negative based on 88 corporate insider transactions. This sentiment is lower than the average sector sentiment of insiders.
Scotts Miracle-Gro Co. is a marketer of branded consumer lawn and garden products. Its products are marketed under the brand names in the industry, including, in North America, Scotts and Turf Builder lawn and grass seed products, including the Miracle-Gro, Scotts, Liquafeed and Osmocote1 gardening and landscape products; Ortho, Roundup2 and Home Defense branded insect control, weed control and rodenticide products; and Scotts and Morning Song wild bird food products. In the United Kingdom, key brands include Miracle-Gro plant fertilizers; Weedol and Pathclear herbicides; EverGreen lawn fertilizers; and Levington gardening and landscape products. Other significant brands in Europe include KB and FertiligÃ¨ne in France; Celaflor, Nexa Lotte and Substral in Germany and Austria; and ASEF, KB and Substral in Belgium, the Netherlands and Luxembourg. It also operates the Scotts LawnService business, which provides residential and commercial lawn care, tree and shrub care and limited pest control services in the United States. The company operates its business through two segments: Global Consumer and Scotts LawnService. The Global Consumer segment consists of the U.S. Consumer and International Consumer business groups. The business groups comprising this segment manufacture, market and sell dry, granular slow-release lawn fertilizers, combination lawn fertilizer and control products, grass seed, spreaders, water-soluble, liquid and continuous release garden and indoor plant foods, plant care products, potting, garden and lawn soils, mulches and other growing media products, wild bird food, pesticide and rodenticide products. The Scotts LawnService segment provides residential and commercial lawn fertilization, disease and insect control and other related services such as core aeration, tree and shrub fertilization and limited pest control services through company-owned branches and independent franchisees in the United States. Scotts Miracle-Gro was founded by Orlando McLean Scott in 1868 and is headquartered in Marysville, OH.