J. M. Smucker (NYSE:SJM) Posts Earnings Results, Beats Expectations By $0.24 EPS

J. M. Smucker (NYSE:SJM) issued its quarterly earnings results on Thursday. The company reported $2.61 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.37 by $0.24, Zacks reports. J. M. Smucker had a net margin of 5.96% and a return on equity of 14.35%. The business had revenue of $2.19 billion during the quarter, compared to analyst estimates of $2.23 billion. J. M. Smucker updated its FY 2025 guidance to 9.850-10.150 EPS.

J. M. Smucker Stock Performance

SJM stock opened at $109.47 on Friday. J. M. Smucker has a 1 year low of $98.77 and a 1 year high of $127.59. The stock has a market capitalization of $11.65 billion, a price-to-earnings ratio of 22.16, a PEG ratio of 3.91 and a beta of 0.27. The company has a debt-to-equity ratio of 0.89, a quick ratio of 0.27 and a current ratio of 0.58. The stock’s fifty day moving average is $106.17 and its two-hundred day moving average is $113.24.

J. M. Smucker Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 3rd. Investors of record on Friday, February 14th will be paid a dividend of $1.08 per share. The ex-dividend date is Friday, February 14th. This represents a $4.32 dividend on an annualized basis and a yield of 3.95%. J. M. Smucker’s payout ratio is currently 87.45%.

Insider Transactions at J. M. Smucker

In other J. M. Smucker news, CFO Tucker H. Marshall sold 994 shares of the business’s stock in a transaction dated Tuesday, December 17th. The shares were sold at an average price of $113.00, for a total transaction of $112,322.00. Following the completion of the transaction, the chief financial officer now directly owns 18,734 shares of the company’s stock, valued at $2,116,942. The trade was a 5.04 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Insiders own 3.40% of the company’s stock.

Analyst Upgrades and Downgrades

SJM has been the topic of a number of recent analyst reports. TD Cowen cut shares of J. M. Smucker from a “buy” rating to a “hold” rating and reduced their price target for the stock from $130.00 to $121.00 in a research report on Wednesday, January 8th. Barclays reduced their target price on J. M. Smucker from $126.00 to $123.00 and set an “equal weight” rating on the stock in a report on Wednesday, December 4th. Stifel Nicolaus decreased their target price on J. M. Smucker from $125.00 to $120.00 and set a “hold” rating for the company in a research report on Friday, January 24th. Finally, Wells Fargo & Company upped their price target on J. M. Smucker from $130.00 to $135.00 and gave the company an “overweight” rating in a research report on Wednesday, November 27th. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating and three have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $126.78.

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.