News headlines about J M Smucker (NYSE:SJM) have been trending somewhat positive recently, according to Accern. The research group identifies negative and positive press coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. J M Smucker earned a coverage optimism score of 0.15 on Accern’s scale. Accern also gave press coverage about the company an impact score of 45.8505504176263 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.
Here are some of the news stories that may have impacted Accern’s analysis:
- Kellogg: Analyst Recommendations and Price Targets (finance.yahoo.com)
- J.M. Smucker: Analysts’ Recommendations and Target Price (finance.yahoo.com)
- J M Smucker (SJM) Given a $148.00 Price Target at Susquehanna Bancshares (americanbankingnews.com)
- Act Now And Buy J.M. Smucker Alongside Management (seekingalpha.com)
- A Preview of J.M. Smucker’s Fiscal 3Q18 Earnings per Share (finance.yahoo.com)
Several equities analysts have commented on the stock. Credit Suisse Group set a $120.00 price target on shares of J M Smucker and gave the company a “hold” rating in a research note on Wednesday, January 10th. UBS Group upgraded shares of J M Smucker from a “neutral” rating to a “positive” rating in a research note on Monday, November 13th. Stifel Nicolaus increased their price target on shares of J M Smucker from $109.00 to $113.00 and gave the company a “hold” rating in a research note on Friday, November 17th. Susquehanna Bancshares reiterated a “hold” rating and issued a $110.00 price target on shares of J M Smucker in a research note on Tuesday, November 7th. Finally, Jefferies Group set a $130.00 price target on shares of J M Smucker and gave the company a “buy” rating in a research note on Monday, October 30th. Four analysts have rated the stock with a sell rating, seven have assigned a hold rating and five have issued a buy rating to the company. J M Smucker has a consensus rating of “Hold” and a consensus price target of $127.58.
Shares of J M Smucker (SJM) traded down $0.12 on Monday, hitting $119.40. 890,689 shares of the stock were exchanged, compared to its average volume of 1,136,361. The company has a current ratio of 0.96, a quick ratio of 0.42 and a debt-to-equity ratio of 0.61. The stock has a market capitalization of $13,580.00, a price-to-earnings ratio of 24.17, a PEG ratio of 2.03 and a beta of 0.65. J M Smucker has a twelve month low of $99.57 and a twelve month high of $143.68.
J M Smucker (NYSE:SJM) last announced its earnings results on Thursday, November 16th. The company reported $2.02 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.90 by $0.12. The business had revenue of $1.92 billion for the quarter, compared to analyst estimates of $1.90 billion. J M Smucker had a net margin of 7.72% and a return on equity of 11.98%. The company’s revenue for the quarter was up .5% compared to the same quarter last year. During the same period last year, the firm posted $2.05 earnings per share. analysts expect that J M Smucker will post 7.83 earnings per share for the current fiscal year.
The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 1st. Stockholders of record on Friday, February 9th will be given a dividend of $0.78 per share. The ex-dividend date of this dividend is Thursday, February 8th. This represents a $3.12 dividend on an annualized basis and a dividend yield of 2.61%. J M Smucker’s dividend payout ratio (DPR) is presently 63.16%.
In related news, SVP Jeannette L. Knudsen sold 1,600 shares of J M Smucker stock in a transaction on Thursday, December 28th. The shares were sold at an average price of $124.36, for a total value of $198,976.00. Following the transaction, the senior vice president now directly owns 23,452 shares in the company, valued at approximately $2,916,490.72. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider David J. Lemmon sold 1,205 shares of J M Smucker stock in a transaction on Friday, December 29th. The shares were sold at an average price of $124.54, for a total transaction of $150,070.70. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 5,610 shares of company stock worth $698,093. Insiders own 3.50% of the company’s stock.
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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