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NYSE: SMG
Scotts Miracle Gro Co Stock Forecast, Predictions & Price Target

Analyst price target for SMG

Based on 3 analysts offering 12 month price targets for Scotts Miracle Gro Co.
Min Forecast
$65.00-5.22%
Avg Forecast
$75.00+9.36%
Max Forecast
$85.00+23.94%

Should I buy or sell SMG stock?

Based on 3 analysts offering ratings for Scotts Miracle Gro Co.
Buy
Strong Buy
1 analysts 33.33%
Buy
0 analysts 0%
Hold
2 analysts 66.67%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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SMG stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-04-05
lockedlocked$00.00+00.00%2024-04-05Find Out Why
lockedlocked$00.00+00.00%2024-03-04

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Forecast return on equity

Is SMG forecast to generate an efficient return?
Company
N/A
Industry
0.34%
Market
19.68%

Forecast return on assets

Is SMG forecast to generate an efficient return on assets?
Company
N/A
Industry
0.13%

SMG revenue forecast

What is SMG's revenue in the next 3 years based on estimates from 6 analysts?
Avg 1 year Forecast
$3.6B+5.3%
Avg 2 year Forecast
$3.7B+8.32%
Avg 3 year Forecast
$3.8B+9.42%
SMG's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

SMG revenue growth forecast

How is SMG forecast to perform vs Agricultural Inputs companies and vs the US market?
Company
3.85%
Industry
-0.44%
Market
9.3%
SMG's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
SMG's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

SMG vs Agricultural Input Stocks

TickerPricePrice TargetUp/downsideConsensus
SMG$68.58$75.00+9.36%Buy
ICL$4.72$4.50-4.66%Strong Sell
UAN$76.80N/AN/A
BIOX$11.94$21.00+75.88%Strong Buy
LVRO$6.07$10.00+64.74%Buy

Scotts Miracle Gro Co Stock Forecast FAQ

Is Scotts Miracle Gro Co Stock a good buy in 2024, according to Wall Street analysts?

The consensus among 3 Wall Street analysts covering (NYSE: SMG) stock is to Buy SMG stock.

Out of 3 analysts, 1 (33.33%) are recommending SMG as a Strong Buy, 0 (0%) are recommending SMG as a Buy, 2 (66.67%) are recommending SMG as a Hold, 0 (0%) are recommending SMG as a Sell, and 0 (0%) are recommending SMG as a Strong Sell.

If you're new to stock investing, here's how to buy Scotts Miracle Gro Co stock.

What is SMG's revenue growth forecast for 2024-2026?

(NYSE: SMG) Scotts Miracle Gro Co's forecast annual revenue growth rate of 3.85% is forecast to beat the US Agricultural Inputs industry's average forecast revenue growth rate of -0.44%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 9.3%.

Scotts Miracle Gro Co's revenue in 2024 is $3,435,100,000.On average, 6 Wall Street analysts forecast SMG's revenue for 2024 to be $205,068,564,813, with the lowest SMG revenue forecast at $196,898,068,807, and the highest SMG revenue forecast at $211,575,708,384. On average, 6 Wall Street analysts forecast SMG's revenue for 2025 to be $210,947,047,336, with the lowest SMG revenue forecast at $200,702,122,942, and the highest SMG revenue forecast at $218,662,247,384.

In 2026, SMG is forecast to generate $213,086,275,037 in revenue, with the lowest revenue forecast at $210,713,985,242 and the highest revenue forecast at $215,458,564,833.

What is SMG's forecast return on assets (ROA) for 2024-2026?

(NYSE: SMG) forecast ROA is N/A, which is lower than the forecast US Agricultural Inputs industry average of 0.13%.

What is SMG's Price Target?

According to 3 Wall Street analysts that have issued a 1 year SMG price target, the average SMG price target is $75.00, with the highest SMG stock price forecast at $85.00 and the lowest SMG stock price forecast at $65.00.

On average, Wall Street analysts predict that Scotts Miracle Gro Co's share price could reach $75.00 by Apr 5, 2025. The average Scotts Miracle Gro Co stock price prediction forecasts a potential upside of 9.36% from the current SMG share price of $68.58.

What is SMG's forecast return on equity (ROE) for 2024-2026?

(NYSE: SMG) forecast ROE is N/A, which is considered weak.
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