J M Smucker (NYSE:SJM) is scheduled to be releasing its earnings data before the market opens on Friday, February 16th. Analysts expect J M Smucker to post earnings of $2.19 per share for the quarter. J M Smucker has set its FY18 guidance at $7.75-7.90 EPS.
J M Smucker (NYSE:SJM) last posted its quarterly earnings data on Thursday, November 16th. The company reported $2.02 EPS for the quarter, topping the Zacks’ consensus estimate of $1.90 by $0.12. J M Smucker had a return on equity of 11.98% and a net margin of 7.72%. The company had revenue of $1.92 billion for the quarter, compared to the consensus estimate of $1.90 billion. During the same quarter in the previous year, the business earned $2.05 EPS. The company’s quarterly revenue was up .5% compared to the same quarter last year. On average, analysts expect J M Smucker to post $8 EPS for the current fiscal year and $8 EPS for the next fiscal year.
Shares of J M Smucker (NYSE:SJM) opened at $118.37 on Friday. J M Smucker has a 12 month low of $99.57 and a 12 month high of $143.68. The company has a quick ratio of 0.42, a current ratio of 0.96 and a debt-to-equity ratio of 0.61. The company has a market capitalization of $13,450.00, a price-to-earnings ratio of 23.96, a PEG ratio of 2.04 and a beta of 0.65.
In related news, SVP Jeannette L. Knudsen sold 1,600 shares of J M Smucker stock in a transaction on Thursday, December 28th. The stock was 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 sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider David J. Lemmon sold 1,205 shares of J M Smucker stock in a transaction on Friday, December 29th. The stock was sold at an average price of $124.54, for a total value of $150,070.70. The disclosure for this sale can be found here. Insiders sold a total of 5,610 shares of company stock worth $698,093 over the last 90 days. Insiders own 3.50% of the company’s stock.
SJM has been the topic of a number of research reports. Wells Fargo & Co set a $128.00 price objective on J M Smucker and gave the stock a “hold” rating in a research note on Thursday, January 4th. Susquehanna Bancshares set a $141.00 price objective on J M Smucker and gave the stock a “buy” rating in a research note on Friday, December 8th. Morgan Stanley set a $112.00 price objective on J M Smucker and gave the stock a “sell” rating in a research note on Friday, November 17th. Jefferies Group set a $135.00 price objective on J M Smucker and gave the stock a “buy” rating in a research note on Saturday, November 18th. Finally, Credit Suisse Group set a $110.00 price objective on J M Smucker and gave the stock a “hold” rating in a research note on Friday, November 17th. Four analysts have rated the stock with a sell rating, seven have given a hold rating and five have given a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus price target of $127.83.
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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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