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

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Analyst price target for SMG

Based on 7 analysts offering 12 month price targets for Scotts Miracle Gro Co.
Min Forecast
$50.00+14.63%
Avg Forecast
$88.43+102.73%
Max Forecast
$110.00+152.18%

Should I buy or sell SMG stock?

Based on 7 analysts offering ratings for Scotts Miracle Gro Co.
Hold
Strong Buy
1 analysts 14.29%
Buy
0 analysts 0%
Hold
6 analysts 85.71%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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SMG stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Wells Fargo
Bottom 9%
9
HoldMaintains$50.00+14.63%2022-10-03
UBS
Bottom 6%
6
HoldMaintains$86.00+97.16%2022-08-04
Raymond James
Bottom 3%
3
Strong BuyMaintains$100.00+129.25%2022-08-04
Stifel Nicolaus
Bottom 8%
8
HoldMaintains$93.00+113.20%2022-06-14
JP Morgan
Top 6%
95
HoldDowngrades$95.00+117.79%2022-06-09
Truist Securities
Bottom 13%
13
HoldDowngrades$85.00+94.86%2022-06-08
Barclays
Top 17%
84
HoldDowngrades$110.00+152.18%2022-04-21

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Forecast return on equity

Is SMG forecast to generate an efficient return?
Company
77.13%
Industry
21.8%
Market
110.54%
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
6.46%
Industry
9.19%
SMG is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

SMG earnings per share forecast

What is SMG's earnings per share in the next 2 years based on estimates from 5 analysts?
Avg 1 year Forecast
$4.25
Avg 2 year Forecast
$5.82

SMG revenue forecast

What is SMG's revenue in the next 2 years based on estimates from 5 analysts?
Avg 1 year Forecast
$4.1B-2.34%
Avg 2 year Forecast
$4.3B+2.03%
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
1.01%
Industry
1.89%
Market
8.49%
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$43.62$88.43+102.73%Hold
UAN$128.85N/AN/A
AVD$20.37$26.00+27.64%Strong Buy
BIOX$13.27$21.75+63.90%Strong Buy
IPI$40.60$40.00-1.48%Strong Sell

Scotts Miracle Gro Co Stock Forecast FAQ

Is Scotts Miracle Gro Co Stock a good buy in 2022, according to Wall Street analysts?

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

Out of 7 analysts, 1 (14.29%) are recommending SMG as a Strong Buy, 0 (0%) are recommending SMG as a Buy, 6 (85.71%) 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 earnings growth forecast for 2023-2024?

(NYSE: SMG) Scotts Miracle Gro Co's forecast annual earnings growth rate of N/A is not forecast to beat the US Agricultural Inputs industry's average forecast earnings growth rate of 11.03%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 19.09%.

Scotts Miracle Gro Co's earnings in 2022 is -$265,300,000.On average, 5 Wall Street analysts forecast SMG's earnings for 2023 to be $235,474,008, with the lowest SMG earnings forecast at $229,933,443, and the highest SMG earnings forecast at $241,014,573.

In 2024, SMG is forecast to generate $322,460,877 in earnings, with the lowest earnings forecast at $317,474,369 and the highest earnings forecast at $326,893,329.

What is SMG's revenue growth forecast for 2023-2024?

(NYSE: SMG) Scotts Miracle Gro Co's forecast annual revenue growth rate of 1.01% is not forecast to beat the US Agricultural Inputs industry's average forecast revenue growth rate of 1.89%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 8.49%.

Scotts Miracle Gro Co's revenue in 2022 is $4,168,300,000.On average, 5 Wall Street analysts forecast SMG's revenue for 2023 to be $225,536,007,800, with the lowest SMG revenue forecast at $218,298,257,060, and the highest SMG revenue forecast at $233,678,865,222.

In 2024, SMG is forecast to generate $235,636,069,773 in revenue, with the lowest revenue forecast at $231,152,367,628 and the highest revenue forecast at $240,119,771,919.

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

(NYSE: SMG) forecast ROA is 6.46%, which is lower than the forecast US Agricultural Inputs industry average of 9.19%.

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 $88.43, with the highest SMG stock price forecast at $110.00 and the lowest SMG stock price forecast at $50.00.

On average, Wall Street analysts predict that Scotts Miracle Gro Co's share price could reach $88.43 by Oct 3, 2023. The average Scotts Miracle Gro Co stock price prediction forecasts a potential upside of 102.73% from the current SMG share price of $43.62.

What is SMG's Earnings Per Share (EPS) forecast for 2023-2024?

(NYSE: SMG) Scotts Miracle Gro Co's current Earnings Per Share (EPS) is -$4.79. On average, analysts forecast that SMG's EPS will be $4.25 for 2023, with the lowest EPS forecast at $4.15, and the highest EPS forecast at $4.35. In 2024, SMG's EPS is forecast to hit $5.82 (min: $5.73, max: $5.90).

What is SMG's forecast return on equity (ROE) for 2023-2024?

(NYSE: SMG) forecast ROE is 77.13%, which is considered strong.
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