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Published: Fri, August 25, 2017
Economy | By Melissa Porter

The JM Smucker Company (SJM): Will The Growth Last?

The JM Smucker Company (SJM): Will The Growth Last?

Although past volatility action may help project future stock volatility, it may also be vastly different when taking into account other factors that may be driving price action during the measured time period. A raise from J.M. Smucker Company (The)'s prior periodic dividend of $0.75.

13 analysts on average are expecting the company to report revenue of $1.92 Billion for the current quarter. Hall Laurie J Trustee raised its position in shares of J.M. Smucker Company (The) by 63.6% in the second quarter. The latest exchange of 2.1 Million shares is below its average trading activity of 3.57 Million shares. FMR LLC raised its position in J.M. Smucker Company (The) by 49.4% in the first quarter. Narrowing in a bit closer, the 5 month price index is 0.89668, the 3 month is 0.98046, and the 1 month is now 1.05975. J.M. Smucker Company (The)'s dividend payout ratio is 61.18%. The stock tapped a 52-week high of US$17.76 while the mean 12-month price target for the shares is US$18.58.

The biggest institutional shareholders in J.M. Smucker Company (The) include Vanguard Group Inc which owns 12 million shares in the company valued at $1.57 B million. The stock has a market capitalization of $13.48 billion, a P/E ratio of 23.30 and a beta of 0.62. Wellington Management Group Llp acquired 107,387 shares as Smucker J M Co (SJM)'s stock declined 7.31%. During the same period in the previous year, the business earned $1.19 earnings per share. The 1-year low was reported on Aug, 24 by Barchart.com.

JM Smucker shares dropped 8.6% at one point, to $108.60, the lowest since August 2015, after the owner of brands such as Folgers, Dunkin' Donuts and Café Bustelo lowered to $7.75-7.95 per share, from $7.85-$8.05 per share, its forecast for underlining earnings in the year to the end of April 2018.

However, the company's most recent quarter decrease of -1.3% looks unattractive. The dividend payment will be $0.780 per share for the quarter or $3.12 annualized. The rating was maintained by Susquehanna on Wednesday, August 23 with "Hold".

11/23/2015 - J.M. Smucker Company (The) was downgraded to "neutral" by analysts at Tigress Financial.

Several analysts recently weighed in on SJM shares. Cap Research Global Invsts, a California-based fund reported 602,524 shares.

Ariel Investments Llc decreased J.M. Smucker Co. Morgan Stanley maintained the stock with "Equal-Weight" rating in Friday, June 3 report. Deutsche Bank maintained J M Smucker Co (NYSE:SJM) rating on Friday, June 10. The Company's segments include U.S. Retail Coffee, U.S. Retail Consumer Foods, U.S. Retail Pet Foods, and global and Foodservice. (NYSE:NKE), 25 have Buy rating, 2 Sell and 15 Hold.

According to the analysts covering the company the next three years should bring some good growth prospects for J. M. Smucker. Ariel Investments Llc sold 6,037 shares as J.M. Smucker Co. The stock was sold at an average price of $122.00, for a total transaction of $737,734.00. During the trading on 08/23/2017, Company's stock ranged from $119.69 to $118.09. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. The stock of J M Smucker Co (NYSE:SJM) earned "Outperform" rating by Credit Suisse on Wednesday, September 16. The stock was sold at an average price of $121.32, for a total value of $1,144,411.56. It also reduced Rydex Etf Trust (XLG) stake by 2,242 shares and now owns 6,781 shares. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 16,030 shares of company stock valued at $1,948,195. The insider PARKER MARK G sold 69,300 shares worth $3.66M. In the USA retail market segments, the Company's products are sold to food retailers, food wholesalers, drug stores, club stores, mass merchandisers, discount and dollar stores, military commissaries, natural foods stores and distributors, and pet specialty stores.

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