Headlines about Scotts Miracle-Gro Company (The) (NYSE:SMG) have been trending somewhat positive this week, according to Accern Sentiment. The research group identifies positive and negative press coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Scotts Miracle-Gro Company (The) earned a news impact score of 0.11 on Accern’s scale. Accern also gave headlines about the basic materials company an impact score of 46.3449759116112 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.

Here are some of the headlines that may have effected Accern’s rankings:

Scotts Miracle-Gro Company (SMG) opened at 97.68 on Monday. The stock has a market cap of $5.71 billion, a P/E ratio of 26.36 and a beta of 0.39. The firm has a 50-day moving average price of $95.84 and a 200-day moving average price of $92.70. Scotts Miracle-Gro Company has a 52 week low of $81.48 and a 52 week high of $99.99.

Scotts Miracle-Gro Company (The) (NYSE:SMG) last released its earnings results on Tuesday, August 1st. The basic materials company reported $2.63 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $2.51 by $0.12. The firm had revenue of $1.08 billion during the quarter, compared to analysts’ expectations of $1.06 billion. Scotts Miracle-Gro Company (The) had a return on equity of 36.28% and a net margin of 7.85%. The company’s revenue was up 8.5% on a year-over-year basis. During the same quarter in the prior year, the company earned $2.16 EPS. On average, equities research analysts predict that Scotts Miracle-Gro Company will post $4.08 EPS for the current year.

SMG has been the topic of a number of recent research reports. BidaskClub downgraded Scotts Miracle-Gro Company (The) from a “hold” rating to a “sell” rating in a research note on Tuesday, July 25th. KeyCorp restated a “hold” rating on shares of Scotts Miracle-Gro Company (The) in a research note on Monday, August 28th. Finally, Zacks Investment Research upgraded Scotts Miracle-Gro Company (The) from a “sell” rating to a “hold” rating in a research note on Saturday, August 5th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and two have assigned a buy rating to the company’s stock. Scotts Miracle-Gro Company (The) has a consensus rating of “Hold” and a consensus target price of $100.00.

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In other news, Director Michelle A. Johnson sold 470 shares of the firm’s stock in a transaction dated Monday, August 14th. The stock was sold at an average price of $96.40, for a total value of $45,308.00. Following the completion of the transaction, the director now owns 8,074 shares in the company, valued at approximately $778,333.60. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Thomas Randal Coleman sold 13,973 shares of the firm’s stock in a transaction dated Tuesday, August 8th. The shares were sold at an average price of $96.14, for a total value of $1,343,364.22. Following the completion of the transaction, the chief financial officer now owns 19,959 shares of the company’s stock, valued at approximately $1,918,858.26. The disclosure for this sale can be found here. Insiders sold a total of 254,859 shares of company stock valued at $24,364,693 in the last 90 days. 28.16% of the stock is owned by corporate insiders.

Scotts Miracle-Gro Company (The) Company Profile

The Scotts Miracle-Gro Company (Scotts Miracle-Gro) is a manufacturer and marketer of branded consumer lawn and garden products. The Company’s segments include Global Consumer. In North America, its brands include Scotts and Turf Builder lawn and grass seed products; Miracle-Gro, Nature’s Care, Scotts, LiquaFeed and Osmocote gardening and landscape products; and Ortho, Roundup, Home Defense and Tomcat branded insect control, weed control and rodent control products.

Insider Buying and Selling by Quarter for Scotts Miracle-Gro Company (The) (NYSE:SMG)

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