What Are The Chances Of J.M. Smucker Co. (NYSE: SJM) Becoming A Clear Buy?

After Hours

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Stocks Info

As a NYSE listed company, SJM falls under the Consumer Defensive sector while operating within the Packaged Foods industry segment. The current market capitalization of J.M. Smucker Co. is $12.39B. A total of 1.23 million shares were traded on the day, compared to an average of 1.26M shares.

In the most recent transaction, SMUCKER MARK T sold 10,000 shares of SJM for 110.16 per share on Jun 21 ’24. After the transaction, the Chair of Board, Pres & CEO now owns 78,757 company shares. In a previous transaction on Mar 27 ’24, Knudsen Jeannette L sold 3,200 shares at 124.77 per share. SJM shares that Chief Legal Officer owns now total 8,946.

Among the insiders who sold shares, Knudsen Jeannette L disposed of 6,500 shares on Mar 04 ’24 at a per-share price of $121.78. This resulted in the Chief Legal Officer holding 12,146 shares of SJM after the transaction. In another insider transaction, AMIN TARANG bought 900 shares at $122.22 per share on Feb 29 ’24. Company shares held by the Director now total 1,900.

Dividend

Investors prefer companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook. J.M. Smucker Co. pays an annual dividend of $4.24, resulting in a dividend yield of 3.64%, and it has a price to earnings (P/E) ratio of 16.31. SJM’s most recent ex-dividend date was 8/16/2024 when it declared a $1.08 quarterly dividend that was paid in cash on 9/3/2024. Previously, the company paid the dividend on 6/3/2024 with an ex-dividend date of 5/16/2024. The SJM stock dividend was $1.06 per share in cash.

In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. In terms of 52-week highs and lows, SJM has a high of $153.94 and a low of $105.69.

As of this writing, SJM has an earnings estimate of $2.17 per share for the current quarter. EPS was calculated based on a consensus of 14.0 estimates, with a high estimate of $2.35 per share and a lower estimate of $2.14. The company reported an EPS of $2.21 in the last quarter

Balance Sheet Annually/Quarterly

The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s prospects. SJM’s latest balance sheet shows that the firm has $169.90M in Cash & Short Term Investments as of fiscal 2022. There were $4.61B in debt and $1.95B in liabilities at the time. Its Book Value Per Share was $72.45, while its Total Shareholder’s Equity was $8.14B.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for SJM is Buy with a score of 3.77.

Most Popular

Related Posts