Equities analysts expect J M Smucker Co (NYSE:SJM) to post earnings per share (EPS) of $2.15 for the current quarter, Zacks Investment Research reports. Six analysts have made estimates for J M Smucker’s earnings. The lowest EPS estimate is $2.04 and the highest is $2.22. J M Smucker posted earnings of $2.00 per share in the same quarter last year, which would suggest a positive year-over-year growth rate of 7.5%. The company is scheduled to report its next quarterly earnings results on Friday, February 16th.

On average, analysts expect that J M Smucker will report full-year earnings of $7.79 per share for the current fiscal year, with EPS estimates ranging from $7.71 to $7.85. For the next fiscal year, analysts anticipate that the firm will report earnings of $8.25 per share, with EPS estimates ranging from $8.00 to $8.39. Zacks Investment Research’s EPS averages are a mean average based on a survey of analysts that that provide coverage for J M Smucker.

J M Smucker (NYSE:SJM) last announced its 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. The firm 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 quarter in the previous year, the firm posted $2.05 EPS.

SJM has been the topic of a number of research reports. Morgan Stanley set a $106.00 target price on shares of J M Smucker and gave the company a “sell” rating in a research note on Friday, October 13th. Credit Suisse Group set a $110.00 target price on shares of J M Smucker and gave the company a “hold” rating in a research note on Friday, November 17th. Zacks Investment Research raised shares of J M Smucker from a “sell” rating to a “hold” rating in a research note on Wednesday, October 25th. Goldman Sachs Group reaffirmed a “sell” rating on shares of J M Smucker in a research note on Wednesday, October 4th. Finally, Jefferies Group set a $135.00 target price on shares of J M Smucker and gave the company a “buy” rating in a research note on Saturday, November 18th. 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’s stock. J M Smucker currently has a consensus rating of “Hold” and a consensus target price of $127.75.

Shares of J M Smucker (NYSE:SJM) traded up $0.28 on Tuesday, hitting $123.43. 617,900 shares of the stock were exchanged, compared to its average volume of 959,367. The company has a market cap of $14,070.00, a price-to-earnings ratio of 24.99, a price-to-earnings-growth ratio of 2.11 and a beta of 0.66. The company has a debt-to-equity ratio of 0.61, a current ratio of 0.96 and a quick ratio of 0.42. J M Smucker has a 52-week low of $99.57 and a 52-week high of $143.68.

In related news, insider David J. Lemmon sold 1,205 shares of the business’s stock in a transaction dated Saturday, December 29th. The shares were sold at an average price of $124.54, for a total transaction of $150,070.70. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, SVP Jeannette L. Knudsen sold 1,600 shares of the business’s stock in a transaction dated Friday, December 28th. The stock was sold at an average price of $124.36, for a total transaction of $198,976.00. Following the sale, the senior vice president now directly owns 23,452 shares in the company, valued at approximately $2,916,490.72. The disclosure for this sale can be found here. Insiders have sold 5,610 shares of company stock worth $698,093 in the last three months. 3.50% of the stock is currently owned by insiders.

Institutional investors have recently modified their holdings of the business. Sun Life Financial INC raised its holdings in J M Smucker by 10,512.5% in the second quarter. Sun Life Financial INC now owns 849 shares of the company’s stock worth $100,000 after buying an additional 841 shares during the last quarter. Sit Investment Associates Inc. raised its holdings in J M Smucker by 234.0% in the fourth quarter. Sit Investment Associates Inc. now owns 885 shares of the company’s stock worth $110,000 after buying an additional 620 shares during the last quarter. Flagship Harbor Advisors LLC purchased a new position in J M Smucker in the third quarter worth about $201,000. Well Done LLC purchased a new position in J M Smucker in the third quarter worth about $201,000. Finally, Stokes & Hubbell Capital Management LLC purchased a new position in J M Smucker in the third quarter worth about $202,000. 74.98% of the stock is owned by institutional investors and hedge funds.

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J M Smucker Company Profile

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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Earnings History and Estimates for J M Smucker (NYSE:SJM)

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