Equities analysts predict that J M Smucker Co (NYSE:SJM) will announce $2.06 earnings per share for the current quarter, Zacks Investment Research reports. Five analysts have issued estimates for J M Smucker’s earnings, with the highest EPS estimate coming in at $2.25 and the lowest estimate coming in at $2.00. J M Smucker reported earnings of $2.50 per share in the same quarter last year, which indicates a negative year over year growth rate of 17.6%. The firm is expected to report its next earnings results on Friday, February 15th.

According to Zacks, analysts expect that J M Smucker will report full-year earnings of $8.06 per share for the current year, with EPS estimates ranging from $7.82 to $8.43. For the next year, analysts anticipate that the business will report earnings of $8.37 per share, with EPS estimates ranging from $8.06 to $8.74. Zacks’ earnings per share calculations are an average based on a survey of research analysts that that provide coverage for J M Smucker.

J M Smucker (NYSE:SJM) last posted its quarterly earnings results on Wednesday, November 28th. The company reported $2.17 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.29 by ($0.12). J M Smucker had a net margin of 17.59% and a return on equity of 12.03%. The business had revenue of $2.02 billion during the quarter, compared to the consensus estimate of $2.05 billion. During the same period last year, the firm earned $2.02 EPS. The business’s revenue for the quarter was up 5.1% on a year-over-year basis.

Several analysts have recently issued reports on SJM shares. Jefferies Financial Group set a $125.00 price target on shares of J M Smucker and gave the company a “buy” rating in a research report on Wednesday, November 28th. Zacks Investment Research raised shares of J M Smucker from a “sell” rating to a “hold” rating in a research report on Wednesday, November 21st. Credit Suisse Group raised shares of J M Smucker to a “hold” rating and set a $94.00 price target on the stock in a research report on Thursday, November 29th. ValuEngine raised shares of J M Smucker from a “sell” rating to a “hold” rating in a research report on Monday, October 22nd. Finally, Barclays reissued a “hold” rating and issued a $103.00 price target on shares of J M Smucker in a research report on Sunday, December 2nd. Five investment analysts have rated the stock with a sell rating, six have assigned a hold rating and four have issued a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average price target of $117.33.

In related news, SVP Jeannette L. Knudsen sold 1,500 shares of the company’s stock in a transaction that occurred on Monday, September 10th. The shares were sold at an average price of $110.74, for a total transaction of $166,110.00. Following the sale, the senior vice president now owns 26,224 shares of the company’s stock, valued at approximately $2,904,045.76. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 3.92% of the company’s stock.

A number of institutional investors have recently bought and sold shares of the stock. Pitcairn Co. grew its stake in J M Smucker by 7.2% in the 2nd quarter. Pitcairn Co. now owns 7,586 shares of the company’s stock worth $816,000 after buying an additional 510 shares in the last quarter. DekaBank Deutsche Girozentrale grew its stake in J M Smucker by 5.4% in the 3rd quarter. DekaBank Deutsche Girozentrale now owns 10,221 shares of the company’s stock worth $1,114,000 after buying an additional 520 shares in the last quarter. Commonwealth Bank of Australia boosted its stake in shares of J M Smucker by 3.8% in the 2nd quarter. Commonwealth Bank of Australia now owns 14,984 shares of the company’s stock valued at $1,604,000 after purchasing an additional 542 shares in the last quarter. WINTON GROUP Ltd boosted its stake in shares of J M Smucker by 25.2% in the 3rd quarter. WINTON GROUP Ltd now owns 2,724 shares of the company’s stock valued at $280,000 after purchasing an additional 548 shares in the last quarter. Finally, Fuller & Thaler Asset Management Inc. boosted its stake in shares of J M Smucker by 34.4% in the 2nd quarter. Fuller & Thaler Asset Management Inc. now owns 2,150 shares of the company’s stock valued at $231,000 after purchasing an additional 550 shares in the last quarter. 79.44% of the stock is currently owned by institutional investors and hedge funds.

NYSE SJM opened at $100.83 on Tuesday. J M Smucker has a 12-month low of $96.13 and a 12-month high of $133.38. The company has a debt-to-equity ratio of 0.73, a quick ratio of 0.57 and a current ratio of 1.25. The company has a market capitalization of $11.63 billion, a PE ratio of 12.20, a price-to-earnings-growth ratio of 2.15 and a beta of 0.38.

The company also recently announced a quarterly dividend, which was paid on Monday, December 3rd. Investors of record on Friday, November 16th were issued a dividend of $0.85 per share. This represents a $3.40 dividend on an annualized basis and a yield of 3.37%. The ex-dividend date was Thursday, November 15th. J M Smucker’s dividend payout ratio (DPR) is presently 42.71%.

J M Smucker Company Profile

The J. M. Smucker Company manufactures and markets branded food and beverage products worldwide. It operates in four segments: U.S. Retail Coffee, U.S. Retail Consumer Foods, U.S. Retail Pet Foods, and International and Away From Home. The company primarily offers coffee, pet food and pet snacks, peanut butter, fruit spreads, shortening and oils, baking mixes and ready-to-spread frostings, frozen sandwiches, flour and baking ingredients, juices and beverages, and portion control products.

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Earnings History and Estimates for J M Smucker (NYSE:SJM)

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