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How to Buy Scotts Miracle Gro Co Stock

Scotts Miracle Gro Co

Scotts Miracle Gro Co is a agricultural input company located in Ohio, United States, which is part of the Basic Materials sector, and is traded under the ticker SMG on the NYSE exchange.

Scotts Miracle Gro Co stock last closed at $63.55, down 0.47% from the previous day, and has decreased 11.21% in one year. It has overperformed other stocks in the Agricultural Inputs industry by 0.05 percentage points. Scotts Miracle Gro Co stock is currently +45.52% from its 52-week low of $43.67, and -18.47% from its 52-week high of $77.95.

At the moment, there are 56.8M SMG shares outstanding. The market capitalization of SMG is $3.61B. In the last 24 hours, 970,559 SMG shares were traded.

How to Buy Scotts Miracle Gro Co Stock

Not sure how to invest in Scotts Miracle Gro Co stock? Here's how.
  1. Figure out where to buy Scotts Miracle Gro Co stock: You need to decide on an online brokerage, but don't worry - we've tried dozens of stock brokerages and apps to help you choose where to buy Scotts Miracle Gro Co stock.
  2. Sign up for your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
  3. Deposit money your investment account: Pick your payment method and add your information.
  4. Analyze Scotts Miracle Gro Co stock: The Scotts Miracle Gro Co ticker symbol is SMG. Is Scotts Miracle Gro Co stock a good investment? Should you buy shares of SMG? How do SMG's underlying business fundamentals look? Do top analysts think Scotts Miracle Gro Co is a good buy? Why has SMG's stock price moved recently? (Hint: Our stock research tools can help you evaluate if SMG is a good stock to buy).
  5. Make your SMG buy order: Decide if you will purchase SMG shares at the current market price or use a limit order to purchase SMG shares at a specific price.
  6. Get the latest scoop on your investment in SMG: Create a watchlist to keep track of your new investment in Scotts Miracle Gro Co stock.

Step 1: Figure out where to buy Scotts Miracle Gro Co stock

You need an online brokerage account in order to access the NYSE market and buy SMG stock.

A brokerage account is an investment account that enables you to buy and sell a number of investments, such as stocks, bonds, mutual funds, and ETFs.

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Step 2: Sign up for your brokerage account

Now that you've chosen the best brokerage, the next step is to fill out some personal details so you can invest in SMG today.

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Step 3: Deposit money your investment account

Now that you've created your account on stock market app, you need to deposit funds:

Watch the video below to see the process of transferring funds into your new brokerage account.

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Step 4: Analyze Scotts Miracle Gro Co stock

After you have identified the best place to buy Scotts Miracle Gro Co stock, it's very important to analyze their stock prior to buying, so you actually wrap your head around the risk and upside.

Scotts Miracle Gro Co stock at a glance

SMG Price
$63.55
1w %
1.34%
1y %
-11.21%
5y %
-36.44%
P/E
-10.18x
P/B
-14.39x
P/S
1.05x
PEG
N/A
Revenue
$3.43B
Earnings
-$347.70M
Fore. Rev. Growth
3.03%
Fore. Earn. Growth
N/A
Market Cap
$3.61B
Next Earnings
Jul 31, 2024
Next Dividend
N/A

Scotts Miracle Gro Co Overview

WallStreetZen was designed to help everyday investors perform more accurate fundamental analysis quickly.

You can view all of the due diligence checks on SMG's stock page.

Is SMG stock undervalued or overvalued?

Investors use many financial metrics, analyses, models, and charts to gauge SMG's true value.

You can do more valuation analysis on SMG's stock here.

SMG Financial Overview

Passed Health Checks:

  • SMG profit margin has gone up from -16.6% to -10.1% in the past year.
  • SMG's operating cash flow of $1.06B allows it to safely service it's debt of $2.82B.
  • There are more short-term assets than short-term liabilities on the SMG balance sheet.

Failed Health Checks:

  • There are more long-term liabilities than short-term assets on the SMG balance sheet.
  • SMG earnings of -$229.00M is not sufficient to cover its interest payments.
  • Total SMG debt is still negative.
  • SMG debt to equity ratio of -16.64 is negative.

Is SMG stock a Buy, Hold, or Sell, according to analysts?

Out of 4 Wall Street analysts who give ratings on SMG, the consensus analyst rating on SMG is a Buy

It's important to keep in mind that analyst ratings are not recommendations, nor are they investment advice.

You can dive deeper into what analysts are forecasting on the Scotts Miracle Gro Co stock forecast page.

Metrics for Advanced SMG Traders

SMA10
63.01
SMA20
64.56
SMA50
66.48
SMA100
67.26
SMA200
61.37
MACD
-1.17
MACD Signal
-1.06
MACD Histogram
-0.11
RSI
45.19
Stochastic %K
36.82
Stochastic %D
22.3
StochRSI %K
49.74
StochRSI %D
26.35

How are SMG Revenues/Earnings doing?

Last year, SMG revenue was $3.43B. In the last five year, SMG's revenue has grown by 3.29% per year. This was slower than the Agricultural Inputs industry average of 5.01%.

Find out more about SMG's earnings and revenue performance here.

Are SMG executives and large shareholders buying or selling the stock?

Over the last 12 months, executives and large shareholders at SMG have sold more shares than they have bought.

Brian E. Sandoval, Director of SMG, was the latest SMG insider to buy. They bought $33,078.29 worth of SMG shares on Jul 1, 2024.

Dig into more about who owns SMG stock here.

Does SMG stock generate passive income?

Scotts Miracle Gro Co pays a dividend of 4.15%, compared to the Agricultural Inputs industry's average dividend yield of 4.03%. If you owned $1,000 of SMG stock, you would have been paid $41.54 in the past year.

Scotts Miracle Gro Co dividend payments have not consistently grown over the past decade and have not remained stable.

Find more analysis about Scotts Miracle Gro Co dividend yield and history here.

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Step 5: Make your SMG buy order

There are two main types of orders:

  • Market order: A market order is an order to buy or sell a stock at the best price on the market.
    Market orders are generally the best for newer investors.
  • Limit order: A limit order is an order to buy or sell a security at a specific price (or better).
    If you want to be certain you're buying or selling at a specific price, place a limit order.

Click the Open Trade button and your broker will execute your order.

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Step 6: Get the latest scoop on your investment in SMG

Now that you own some SMG stock, you'll want to stay up-to-date on your new investment.

Create a watchlist to see the latest developments about your SMG stock.

SMG Feed

How to Buy Stock in Scotts Miracle Gro Co

To summarize, here are the 6 steps to buy Scotts Miracle Gro Co stock:

  1. Figure out where to buy Scotts Miracle Gro Co stock
  2. Sign up for your brokerage account
  3. Deposit money your investment account
  4. Analyze Scotts Miracle Gro Co stock
  5. Make your SMG buy order
  6. Get the latest scoop on your investment in SMG

If you are looking for a brokerage, eToro is our recommended option.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you would like to monitor your new investment in Scotts Miracle Gro Co, create a watchlist on WallStreetZen today.

NYSE: SMG
$63.55-0.30 (-0.47%)
Updated Jul 12, 2024
Open eToro Account
NYSE: SMG
$63.55-0.30 (-0.47%)
Updated Jul 12, 2024
Open eToro Account

FAQ

How much does it cost to buy one Scotts Miracle Gro Co share?

As of Jul 12, 2024, it costs $63.55 to buy one share of Scotts Miracle Gro Co stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $10, you can buy 0.157 shares of SMG.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Scotts Miracle Gro Co stock?

According to 4 Wall Street analysts who monitor Scotts Miracle Gro Co, their consensus recommendation is to buy Scotts Miracle Gro Co stock.

What is the best way to buy Scotts Miracle Gro Co stock?

One way to place an order for Scotts Miracle Gro Co stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.