J.M. Smucker Company (The) New which can be found using ticker (SJM) now have 11 confirmed analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The target price High/Low ranges between 170 and 128 with the average target price sitting at $151.91. Now with the previous closing price of $151.09 and the analysts are correct then we can expect a percentage increase in value of .5%. It’s also worth noting that there is a 50 day moving average of $150.32 and the 200 day moving average is $143.81. The market capitalization for the company is $16,496m. Find out more information at: https://www.jmsmucker.com
The potential market cap would be $16,585m based on the market consensus.
The J. M. Smucker Company manufactures and markets branded food and beverage products worldwide. It operates in three segments: U.S. Retail Pet Foods, U.S. Retail Coffee, and U.S. Retail Consumer Foods. The company offers mainstream roast, ground, single serve, and premium coffee; peanut butter and specialty spreads; fruit spreads, shortening and oils, and frozen sandwiches and snacks; pet food and pet snacks; and foodservice hot beverage, foodservice portion control, and flour products, as well as dog and cat food, frozen handheld products, juices and beverages, and baking mixes and ingredients. It provides its products under the Meow Mix, 9Lives, Kibbles n Bits, Milk-Bone, Pup-Peroni, Rachael Ray Nutrish and Nature’s Recipe, Folgers, Café Bustelo, Dunkin’, Folgers, Café Bustelo, 1850, Jif, Smucker’s, Smucker’s Uncrustables, Robin Hood, and Five Roses. The company sells its products through direct sales and brokers to food retailers, club stores, discount and dollar stores, online retailers, pet specialty stores, natural foods stores and distributors, drug stores, military commissaries, and mass merchandisers. Smucker Company was founded in 1897 and is headquartered in Orrville, Ohio.
The company has a dividend yield of 2.7% with the ex dividend date set at 9-2-2023 (DMY).
Other points of data to note are a P/E ratio of 22.78, revenue per share of 78.23 and a 4.3% return on assets.
