WallStreetZenWallStreetZen

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

Analyst price target for SMG

Based on 7 analysts offering 12 month price targets for Scotts Miracle Gro Co.
Min Forecast
$55.00+5.24%
Avg Forecast
$72.14+38.05%
Max Forecast
$85.00+62.65%

Should I buy or sell SMG stock?

Based on 7 analysts offering ratings for Scotts Miracle Gro Co.
Buy
Strong Buy
4 analysts 57.14%
Buy
0 analysts 0%
Hold
3 analysts 42.86%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

Be the first to know when Wall Street analysts revise their SMG stock forecasts and price targets.

SMG stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Barclays
Top 18%
83
HoldMaintains$60.00+14.81%2023-09-05
Stifel Nicolaus
Bottom 12%
12
HoldMaintains$55.00+5.24%2023-08-07
Raymond James
Bottom 3%
3
Strong BuyMaintains$70.00+33.95%2023-08-03
Truist Securities
Bottom 11%
11
Strong BuyMaintains$75.00+43.51%2023-08-03
JP Morgan
Top 4%
97
Strong BuyUpgrades$80.00+53.08%2023-05-08
Wells Fargo
Top 11%
90
Strong BuyMaintains$85.00+62.65%2023-05-04
UBS
Bottom 17%
17
HoldMaintains$80.00+53.08%2023-04-06

1 of 1

Forecast return on equity

Is SMG forecast to generate an efficient return?
Company
242.45%
Industry
24%
Market
48.79%
SMG's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is SMG forecast to generate an efficient return on assets?
Company
7.34%
Industry
8.54%
SMG is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

SMG revenue growth forecast

How is SMG forecast to perform vs Agricultural Inputs companies and vs the US market?
Company
10.9%
Industry
8.9%
Market
12.08%
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$52.26$72.14+38.05%Buy
UAN$80.83N/AN/A
LVRO$6.80$13.50+98.53%Strong Buy
BIOX$11.12$23.67+112.83%Strong Buy
AVD$11.90N/AN/A

Scotts Miracle Gro Co Stock Forecast FAQ

Is Scotts Miracle Gro Co Stock a good buy in 2023, according to Wall Street analysts?

The consensus among 7 Wall Street analysts covering (NYSE: SMG) stock is to Buy SMG stock.

Out of 7 analysts, 4 (57.14%) are recommending SMG as a Strong Buy, 0 (0%) are recommending SMG as a Buy, 3 (42.86%) 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 forecast return on equity (ROE) for 2023-2024?

(NYSE: SMG) forecast ROE is 242.45%, which is considered strong.

What is SMG's Price Target?

According to 7 Wall Street analysts that have issued a 1 year SMG price target, the average SMG price target is $72.14, with the highest SMG stock price forecast at $85.00 and the lowest SMG stock price forecast at $55.00.

On average, Wall Street analysts predict that Scotts Miracle Gro Co's share price could reach $72.14 by Sep 5, 2024. The average Scotts Miracle Gro Co stock price prediction forecasts a potential upside of 38.05% from the current SMG share price of $52.26.

What is SMG's forecast return on assets (ROA) for 2023-2024?

(NYSE: SMG) forecast ROA is 7.34%, which is lower than the forecast US Agricultural Inputs industry average of 8.54%.
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.