J. M. Smucker (NYSE:SJM) Releases FY25 Earnings Guidance

J. M. Smucker (NYSE:SJM) issued an update on its FY25 earnings guidance on Tuesday morning. The company provided earnings per share (EPS) guidance of $9.70-10.10 for the period, compared to the consensus estimate of $9.79. The company issued revenue guidance of +8.5-9.5% yr/yr to ~$8.87-8.96 billion, compared to the consensus revenue estimate of $8.89 billion. J. M. Smucker also updated its FY 2025 guidance to 9.700-10.100 EPS.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on SJM shares. Citigroup decreased their price objective on J. M. Smucker from $138.00 to $136.00 and set a “buy” rating for the company in a report on Thursday, August 29th. Wells Fargo & Company lowered their price target on J. M. Smucker from $140.00 to $130.00 and set an “overweight” rating on the stock in a report on Thursday, August 29th. BNP Paribas raised shares of J. M. Smucker to a “strong sell” rating in a report on Thursday, August 29th. Stifel Nicolaus cut shares of J. M. Smucker from a “buy” rating to a “hold” rating and lowered their target price for the company from $135.00 to $125.00 in a research note on Friday, October 25th. Finally, TD Cowen dropped their price target on shares of J. M. Smucker from $135.00 to $132.00 and set a “buy” rating on the stock in a research report on Thursday, August 29th. One analyst has rated the stock with a sell rating, eight have given a hold rating and four have issued a buy rating to the company. According to MarketBeat.com, J. M. Smucker presently has a consensus rating of “Hold” and a consensus target price of $127.09.

J. M. Smucker Trading Up 0.3 %

Shares of NYSE:SJM opened at $113.65 on Tuesday. The company has a debt-to-equity ratio of 0.87, a quick ratio of 0.25 and a current ratio of 0.55. The stock has a market capitalization of $12.09 billion, a price-to-earnings ratio of 16.07, a PEG ratio of 3.18 and a beta of 0.25. J. M. Smucker has a 1-year low of $105.69 and a 1-year high of $134.62. The company has a 50 day moving average price of $116.42 and a 200 day moving average price of $115.55.

J. M. Smucker (NYSE:SJM) last released its quarterly earnings data on Tuesday, November 26th. The company reported $2.76 earnings per share for the quarter, topping the consensus estimate of $2.49 by $0.27. The business had revenue of $2.27 billion during the quarter, compared to analyst estimates of $2.27 billion. J. M. Smucker had a return on equity of 14.22% and a net margin of 8.77%. The company’s revenue was up 17.2% compared to the same quarter last year. During the same period last year, the company posted $2.59 EPS. On average, research analysts anticipate that J. M. Smucker will post 9.79 EPS for the current fiscal year.

J. M. Smucker Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, December 2nd. Shareholders of record on Friday, November 15th will be paid a dividend of $1.08 per share. This represents a $4.32 dividend on an annualized basis and a yield of 3.80%. The ex-dividend date of this dividend is Friday, November 15th. J. M. Smucker’s dividend payout ratio is presently 61.10%.

J. M. Smucker Company Profile

The J. M. Smucker Company manufactures and markets branded food and beverage products worldwide. It operates in three segments: U.S. Retail Pet Foods, U.S. Retail Coffee, and U.S. Retail Consumer Foods. The company offers mainstream roast, ground, single serve, and premium coffee; peanut butter and specialty spreads; fruit spreads, toppings, and syrups; jelly products; nut mix products; shortening and oils; frozen sandwiches and snacks; pet food and pet snacks; and foodservice hot beverage, foodservice portion control, and flour products, as well as dog and cat food, frozen handheld products, juices and beverages, and baking mixes and ingredients.