How to Buy J M Smucker Co Stock
J M Smucker Co
J M Smucker Co is a food company located in Ohio, United States, which is part of the Consumer Defensive sector, and is traded under the ticker SJM on the NYSE exchange.
J M Smucker Co stock last closed at $117.46, up 2.35% from the previous day, and has decreased 22.56% in one year. It has underperformed other stocks in the Packaged Foods industry by 0.03 percentage points. J M Smucker Co stock is currently +9.44% from its 52-week low of $107.33, and -26.55% from its 52-week high of $159.92.
At the moment, there are 106.18M shares of SJM outstanding. The market cap of SJM is $12.47B. In the past 24 hours, 1.29M SJM shares were traded.
How to Buy J M Smucker Co Stock
Not sure how to invest in J M Smucker Co stock? Here's how.
- Decide where to buy J M Smucker Co stock: You need to choose an online brokerage, but don't worry - we've tried dozens of stock brokerages and apps to help you choose where to buy J M Smucker Co stock.
- Sign up for your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
- Deposit money your brokerage account: Pick your payment method and add your information.
- Analyze J M Smucker Co stock: The J M Smucker Co ticker symbol is SJM. Is J M Smucker Co stock a good investment? Should you buy shares of SJM? How do SJM's underlying business fundamentals look? Do top analysts think J M Smucker Co is a good buy? Why has SJM's stock price moved recently? (Hint: Our stock research tools can help you decide if SJM is a good stock to buy).
- Execute your SJM buy order: Decide if you will purchase SJM shares at the current market price or use a limit order to purchase SJM shares at a particular price.
- Keep tabs on your SJM investment: Create a watchlist to get the latest news on your position in J M Smucker Co shares.
Step 1: Decide where to buy J M Smucker Co stock
You will need an online brokerage account to access the NYSE market and buy SJM stock.
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Open eToro AccountStep 2: Sign up for your brokerage account
Now that you've picked the best brokerage, the next step is to fill out some personal info so you can buy SJM today.
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Step 3: Deposit money your brokerage account
Now that you've created your account on one of the most highly reviewed stock market apps, you need to deposit funds:
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Step 4: Analyze J M Smucker Co stock
Once you have figured out the best place to buy J M Smucker Co stock, it's very important to research their stock prior to buying, so you actually comprehend the risk and upside.
Overview of key SJM info
J M Smucker Co Overview
WallStreetZen was built to help part-time investors do more in-depth fundamental analysis quickly.
You can view all of the due diligence checks on SJM's stock page.
Is SJM stock undervalued?
You can use a variety of different financial metrics, analyses, models, and charts to gauge SJM's fair value.
Using relative valuations ratios:
- SJM could be undervalued based on its P/B ratio of 1.65x, relative to Packaged Foods industry P/B ratio of 2.15x
You can access additional valuation research on SJM's stock here.
A look at SJM Cashflows and Balance Sheet
Failed Financial Due Diligence Checks:
- SJM has a relatively high debt to equity ratio of 1.68.
- SJM's operating cash flow of $1.25B allows it to safely service it's debt of $8.73B.
- There are more short-term liabilities than short-term assets on the SJM balance sheet.
- There are more long-term liabilities than short-term assets on the SJM balance sheet.
- SJM earnings of $207.00M is not sufficient to cover its interest payments.
- Total SJM debt is higher than 5 years ago, relative to shareholder equity.
- SJM profit margin has gone down from 8.5% to -1.2% in the past year.
Is it a good time to buy SJM stock, according to Wall Street analysts?
Out of 10 Equities analysts who give forecasts on SJM, the consensus analyst rating on SJM is a Buy
Please keep in mind that analyst ratings are not stock recommendations, nor are they financial advice.
Most Recent SJM Analyst Upgrades/Downgrades
Ken Goldman, a top 9% analyst from JP Morgan maintains SJM with a hold rating and raises their SJM price target from $126.00 to $128.00, on Feb 28, 2024.
Chris Carey, a top 16% analyst from Wells Fargo initiates coverage on SJM with a strong buy rating and announces their SJM price target of $140.00, on Dec 12, 2023.
Steve Powers, a top 14% analyst from Deutsche Bank maintains SJM with a hold rating and raises their SJM price target from $125.00 to $126.00, on Dec 6, 2023.
Pamela Kaufman, a top 11% analyst from Morgan Stanley reinstates SJM with a hold rating and announces their SJM price target of $122.00, on Dec 6, 2023.
Alexia Howard, a top 24% analyst from Bernstein upgrades SJM to a hold rating and lowers their SJM price target from $123.00 to $119.00, on Nov 14, 2023.
You can dive deeper into what analysts are projecting on the J M Smucker Co stock forecast page.
SJM Momentum
SJM Performance Numbers
Last year, SJM revenue was $8.21B. During the last 5 year, SJM's revenue has gone up by 1.24% per year. This was slower than the Packaged Foods industry average of 5.56%.
Find out more about SJM's earnings and revenue performance here.
Who is buying/selling SJM?
In the last 12 months, insiders at SJM have sold more shares than they have bought.
Jeannette L. Knudsen, Chief Legal Officer of SJM, was the latest SJM insider to sell. They sold $399,264.00 worth of SJM shares on Mar 27, 2024.
Dig into more about who owns SJM stock here.
Can I get consistent income from SJM stock?
J M Smucker Co pays a dividend of 3.58%, compared to the Packaged Foods industry's average dividend yield of 3.42%. If you owned $1,000 of SJM stock, you would have been paid $35.76 last year.
J M Smucker Co dividend payments have consistently grown over the past decade and have remained stable.
Dig into more info about J M Smucker Co dividend yield and history here.
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Step 5: Execute your SJM buy order
You have two main types of orders:
- Market order: A market order is an order to buy or sell a security at the best possible price.
Market orders are mostly the best for newer investors. - Limit order: A limit order enables you to buy or sell a security at a specific price (or better).
If you want to be sure you're buying or selling at a particular dollar amount limit, use a limit order.
Hit the Open Trade button and your broker will place your order.
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Step 6: Keep tabs on your SJM investment
Now that you own some shares in SJM, you'll want to stay up-to-date on your new investment.
Put SJM on a watchlist to track the most important metrics related to your SJM stock.
SJM Feed
How to Buy Stock in J M Smucker Co
To summarize, here are the 6 steps to buy J M Smucker Co stock:
- Decide where to buy J M Smucker Co stock
- Sign up for your brokerage account
- Deposit money your brokerage account
- Analyze J M Smucker Co stock
- Execute your SJM buy order
- Keep tabs on your SJM investment
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Get Started with eToro TodayIf you would like to monitor your investment in J M Smucker Co, create a watchlist on WallStreetZen today.
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