J. M. Smucker (NYSE:SJM) Updates FY 2025 Earnings Guidance

J. M. Smucker (NYSE:SJM) updated its FY 2025 earnings guidance on Tuesday. The company provided earnings per share (EPS) guidance of 9.700-10.100 for the period, compared to the consensus estimate of 9.780. The company issued revenue guidance of $8.9 billion-$9.0 billion, compared to the consensus revenue estimate of $8.9 billion. J. M. Smucker also updated its FY25 guidance to $9.70-10.10 EPS.

Analyst Ratings Changes

Several brokerages have recently issued reports on SJM. TD Cowen reduced their price target on J. M. Smucker from $135.00 to $132.00 and set a “buy” rating for the company in a report on Thursday, August 29th. Citigroup decreased their target price on shares of J. M. Smucker from $138.00 to $136.00 and set a “buy” rating for the company in a research report on Thursday, August 29th. StockNews.com upgraded shares of J. M. Smucker from a “sell” rating to a “hold” rating in a report on Monday, September 30th. Barclays decreased their price objective on shares of J. M. Smucker from $123.00 to $121.00 and set an “equal weight” rating for the company in a report on Friday, August 30th. Finally, Stifel Nicolaus cut J. M. Smucker from a “buy” rating to a “hold” rating and reduced their price target for the stock from $135.00 to $125.00 in a research report on Friday, October 25th. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating and four have assigned a buy rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $127.09.

J. M. Smucker Stock Up 5.7 %

SJM opened at $120.15 on Wednesday. The business has a 50 day moving average of $116.42 and a 200-day moving average of $115.55. The stock has a market capitalization of $12.79 billion, a price-to-earnings ratio of 16.99, a P/E/G ratio of 3.19 and a beta of 0.25. The company has a current ratio of 0.55, a quick ratio of 0.25 and a debt-to-equity ratio of 0.87. J. M. Smucker has a 1-year low of $105.69 and a 1-year high of $134.62.

J. M. Smucker (NYSE:SJM) last posted its quarterly earnings results on Tuesday, November 26th. The company reported $2.76 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.49 by $0.27. J. M. Smucker had a net margin of 8.77% and a return on equity of 14.22%. The company had revenue of $2.27 billion for the quarter, compared to analyst estimates of $2.27 billion. During the same period last year, the business posted $2.59 EPS. The business’s quarterly revenue was up 17.2% on a year-over-year basis. As a group, sell-side analysts anticipate that J. M. Smucker will post 9.79 earnings per share for the current year.

J. M. Smucker Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, December 2nd. Investors of record on Friday, November 15th will be paid a $1.08 dividend. The ex-dividend date is Friday, November 15th. This represents a $4.32 dividend on an annualized basis and a dividend yield of 3.60%. J. M. Smucker’s payout ratio is 61.10%.

About J. M. Smucker

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, toppings, and syrups; jelly products; nut mix products; shortening and oils; 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.