Home Sectors Basic Materials Recent Fundamentals: Scotts Miracle-Gro Company (NYSE: SMG)

Recent Fundamentals: Scotts Miracle-Gro Company (NYSE: SMG)

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Scotts Miracle-Gro Company is part of the agriculture industry and trades as part of the basic materials sector. The company CEO is James Hagedorn. The Scotts Miracle Gro Co is operative in the agricultural industry. It manufactures and sells dry, granular slow-release lawn fertilizers, combination lawn fertilizer and control products.

Previous Intraday Trading Performance:

The SMG stock showed a previous change of -0.18% with an open at 87.42 and a close of 87.39. It reached an intraday high of 88.09 and a low of 86.68.

SeekingAlpha:  The Scotts Miracle-Gro Company (SMG) CEO Jim Hagedorn on Q2 2019 Results – Earnings Call Transcript

Liquidity:

The stock has a market cap of $4.8b with 55.5m shares outstanding, of which the float is 54.6m shares. Trading volume reached 411,965 shares compared to its average volume of 445,783 shares. Based on the current average volume and close price, the trading liquidity is good.

Historical Trading Performance:

Over the last five trading days, Scotts Miracle-Gro Company shares returned -4.92% and in the past 30 trading days it returned 8.98%. Over three months, it changed 13.34%. In one year it has changed 9.95% and within that year its 52-week high was 94.49 and its 52-week low was 57.96. SMG stock is 50.78% above its 52 Week Low.

Our calculations show a 200 day moving average of 75.27 and a 50 day moving average of 82.96. Currently SMG stock is trading 16.10% above its 200 day moving average.

SeekingAlpha:  Scotts Miracle-Gro raises likelihood for better than forecast sales growth

Earnings:

The last annual fiscal EPS for the company was reported at 1.14 that ended on 30th of September 2018, which according to the previous close, that is a PE of 76.66. Based on 5 analyst estimates, the consensus EPS for the next quarter is -1.24. The TTM EPS is 3.41, which comes to a TTM PE of 25.63. Historically, the PE high was 76.66 and the PE low was 16.00. If the stock reached its PE low, that would represent a price of 54.55, which is a decrease of -37.57%.

The dividend per share is currently 2.20, which is a dividend yield of 2.52%.

Base on our calculations, the intrinsic value per share is 214.96, which means it is possibly undervalued and has a margin of safety of 59.35%

Indicators to Watch:

Based on the latest filings, there is 99.90% of institutional ownership. Short-interest is 4,103,801, which is 7.40% of shares outstanding. The short-interest ratio or days-to-cover ratio is 9.95. This stock has a moderate level of short interest, but may still be a buying opportunity depending on other indicators.

The current calculated beta is 0.90

SeekingAlpha:  Scotts Miracle-Gro beats by $0.19, beats on revenue

Fundamental Indicators:

Based on last reported financials, the company’s return on assets is 6.72%, profit margin is 8.66%, price-to-sales is 1.67 and price-to-book is 7.87.

Company Scores:

All scores are out of six:
 4  :Valuation Score
 4  :Past Performance Score
 2  :Financial Strength Score
 1  :Future Growth Score
 5  :Dividend Score
 3  :Overall Score

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John Jones
Worked for several Wall Street firms: Salomon Smith Barney, UBS, and Charles Schwab. Has developed skills and gained extensive experience over the years that is used today to uncover winning penny stocks.Also was an attorney for small businesses in Scottsdale, Arizona. That experience and understanding of law provides a unique perspective and edge in discovering quality companies in various industries.