News headlines about J M Smucker (NYSE:SJM) have trended somewhat positive recently, according to Accern Sentiment. Accern rates the sentiment of press coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. J M Smucker earned a coverage optimism score of 0.17 on Accern’s scale. Accern also gave media stories about the company an impact score of 46.7936080055205 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
These are some of the media stories that may have effected Accern’s scoring:
- What’s ahead for J.M. Smucker in Fiscal 2018? (finance.yahoo.com)
- The JM Smucker Company (NYSE:SJM) – Market Cap to Track – Nasdaq Journal (press release) (nasdaqjournal.com)
- $1.88 Billion in Sales Expected for J M Smucker Co (SJM) This Quarter (americanbankingnews.com)
- Investor’s Roundup (Volatility Analysis) – The JM Smucker Company, (NYSE: SJM) – Stock Watch (stocksnewstimes.com)
- JM Smucker Co.: Cramer’s Top Takeaways – TheStreet.com (thestreet.com)
A number of equities research analysts have recently commented on the stock. Susquehanna Bancshares set a $141.00 target price on shares of J M Smucker and gave the company a “buy” rating in a research report on Friday, December 8th. Stifel Nicolaus raised their price objective on shares of J M Smucker from $109.00 to $113.00 and gave the stock a “hold” rating in a research report on Friday, November 17th. Jefferies Group set a $130.00 price objective on shares of J M Smucker and gave the stock a “buy” rating in a research report on Monday, October 30th. Credit Suisse Group set a $110.00 price objective on shares of J M Smucker and gave the stock a “hold” rating in a research report on Friday, August 25th. Finally, Zacks Investment Research cut shares of J M Smucker from a “hold” rating to a “sell” rating in a research report on Tuesday, August 29th. Four research analysts have rated the stock with a sell rating, six have issued a hold rating and five have issued a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus target price of $126.00.
J M Smucker (NYSE SJM) traded up $0.92 during trading on Friday, reaching $119.44. 1,299,100 shares of the company traded hands, compared to its average volume of 1,114,113. J M Smucker has a 52-week low of $99.57 and a 52-week high of $143.68. The firm has a market capitalization of $13,421.56, a PE ratio of 16.12, a P/E/G ratio of 2.19 and a beta of 0.67. The company has a current ratio of 0.96, a quick ratio of 0.42 and a debt-to-equity ratio of 0.61.
J M Smucker (NYSE:SJM) last announced its quarterly earnings results on Thursday, November 16th. The company reported $2.02 earnings per share for the quarter, beating analysts’ consensus estimates of $1.90 by $0.12. J M Smucker had a net margin of 7.72% and a return on equity of 11.98%. The business had revenue of $1.92 billion during the quarter, compared to analysts’ expectations of $1.90 billion. During the same period last year, the business earned $2.05 earnings per share. The business’s revenue for the quarter was up .5% on a year-over-year basis. research analysts anticipate that J M Smucker will post 7.8 earnings per share for the current fiscal year.
The business also recently declared a quarterly dividend, which was paid on Friday, December 1st. Shareholders of record on Friday, November 10th were given a dividend of $0.78 per share. This represents a $3.12 dividend on an annualized basis and a dividend yield of 2.61%. The ex-dividend date was Thursday, November 9th. J M Smucker’s dividend payout ratio is presently 63.03%.
About J M Smucker
The J. M. Smucker Company is a manufacturer and marketer of branded food and beverage products and pet food and pet snacks in North America. The Company’s segments include U.S. Retail Coffee, U.S. Retail Consumer Foods, U.S. Retail Pet Foods, and International and Foodservice. The Company’s U.S. retail market segments consist of the sale of branded food products to consumers through retail outlets in North America.
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