With 2.51 million shares changed hands, the volume of the stock remained heavier than its average volume of 1.15 million shares. The 52-week range on SJM shows that it touched its highest point at $127.59 and its lowest point at $98.77 during that stretch. It currently has a 1-year price target of $118.69. With its current market cap of 11.61 billion, SJM has annualized dividend of $4.30 while the current yield stands at 3.94%. Beta for the stock currently stands at 0.27.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of SJM was up-trending over the past week, with a rise of 1.71%, but this was up by 3.62% over a month. Three-month performance dropped to -3.67% while six-month performance fell -10.07%. The stock lost -12.86% in the past year, while it has lost -0.89% so far this year. A look at the trailing 12-month EPS for SJM yields 4.95 with Next year EPS estimates of 10.45. For the next quarter, that number is 2.32. This implies an EPS growth rate of -0.18% for this year and 5.37% for next year. EPS is expected to grow by 3.84% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 9.54%.
Float and Shares Shorts:
At present, 106.42 million SJM shares are outstanding with a float of 103.73 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for SJM since 12 analysts follow the stock currently. There are 6 analysts who recommend BUY ratings, while 1 suggest SELL ratings. Of the remaining analysts, 5 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $9.69519 being high and $9.51491 being low. For SJM, this leads to a yearly average estimate of $9.60505. Based on analyst estimates, the high estimate for the next quarter is $2.66 and the low estimate is $2.27. The average estimate for the next quarter is thus $2.46.
