Scotts Miracle-gro Company (the) Stock News

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MARYSVILLE, Ohio, Feb. 23, 2022 (GLOBE NEWSWIRE) -- The Scotts Miracle-Gro Company (NYSE: SMG), the world's leading marketer of branded consumer lawn and garden as well as indoor and hydroponic growin

Scotts Miracle-Gro Company (The found using ticker (SMG) have now 8 analysts covering the stock with the consensus suggesting a rating of ''Buy''. The target price ranges between 232 and 165 with a mean TP of 194.38. With the stocks previous close at 139.75 this now indicates there is a potential upside of 39.1%. The day 50 moving average is 151.78 and the 200 day MA is 167. The market capitalisation for the company is $7,642m. You can visit the company''s website by visiting: https://scottsmiraclegro.com [stock_market_widget type="chart" template="basic" color="green" assets=SMG" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $10,630m based on the market concensus. The Scotts Miracle-Gro Company engages in the manufacture, marketing, and sale of products for lawn, garden care, and indoor and hydroponic gardening in the United States and internationally. The company operates through three segments: U.S. Consumer, Hawthorne, and Other. It provides lawn care products comprising lawn fertilizers, grass seed products, spreaders, other durable products, and outdoor cleaners, as well as lawn-related weed, pest, and disease control products; gardening and landscape products include water-soluble and continuous-release plant foods, potting mixes and garden soils, mulch and decorative groundcover products, plant-related pest and disease control products, organic garden products, and lives goods and seeding solutions.

Flowr Corp. said Friday it agreed to sell its Kelowna research and development facility to Hawthorne Canada Ltd., the unit of Scotts Miracle-Gro Co. that specializes in hydroponic solutions. Toronto-based Flowr Corp. said the C$16 million ($12.6 million) deal is expected to close in the second quarter and will result in cash proceeds of C$4 million and the elimination of C$12 million of long-term debt. Shares of Flowr Corp. have gained 16.7% so far in 2022, compared to a 12.3% drop by the Cannabis ETF . Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

Scotts Miracle-Gro (NYSE: SMG ) and Major League Baseball are accepting submissions for the 2022 Scotts Field Refurbishment Grant Program. The program is part of Scotts'' larger GroMoreGood initiative to improve children’s health and well-being through increased connection to greenspaces. The program is awarding youth baseball and softball field refurbishments to four needy communities across the country. Applications for this year’s program can be submitted up until March 13 at MLB.com/ScottsField. Applying organizations need to provide programming that demonstrates … Full story available on Benzinga.com

WICHITA, Kan.--(BUSINESS WIRE)--A Cessna Citation Longitude delivered to Scotts Miracle-Gro represents a milestone for the company: the 8,000th Citation jet delivered worldwide.

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The Scotts Miracle-Gro Company (NYSE: SMG ) received a score of 100 on the Human Rights Campaign Foundation''s 2022 Corporate Equality Index , the nation''s foremost benchmarking survey and report measuring corporate policies and practices related to LGBTQ+ workplace equality . ScottsMiracle-Gro joins the ranks of over 840 major U.S. businesses that also earned top marks this year. "We are committed to creating a workplace community at ScottsMiracle-Gro where each of our associates feels comfortable, supported and proud bringing their whole self to work," Denise Stump , executive vice president, global human resources, and chief ethics officer for ScottsMiracle-Gro stated. "We know there is always more work to do, Full story available on Benzinga.com

ScottsMiracle-Gro earns 100 on the Human Rights Campaign Foundation’s annual assessment of LGBTQ+ workplace equality ScottsMiracle-Gro earns 100 on the Human Rights Campaign Foundation’s annual assessment of LGBTQ+ workplace equality

Scotts Miracle-Gro SMG  announced the expiration and results of its previously announced registered exchange offer to exchange any and all of its $500 million aggregate principal amount of 4.000% se

Scotts Miracle-Gro has fallen out of favor with investors as consumer sentiment has shifted away from gardening activities. Management is taking the opportunity to restructure the business, and is pos

Scotts Miracle-Gro Company - Class A (SMG) shares closed today at 0.7% above its 52 week low of $133.36, giving the company a market cap of $7B. The stock is currently down 12.2% year-to-date, down 37.6% over the past 12 months, and up 76.4% over the past five years. This week, the Dow Jones Industrial Average rose 4.3%, and the S&P 500 rose 5.5%. Trading Activity Trading volume this week was 110.6% higher than the 20-day average.Beta, a measure of the stocks volatility relative to the overall market stands at 1.2. Technical Indicators The Relative Strength Index (RSI) on the stock was under 30, indicating it may be underbought.MACD, a trend-following momentum indicator, indicates a downward trend.The stock closed below its Bollinger band, indicating it may be oversold. Market Comparative Performance The company's share price is the same as the S&P 500 Index , lags it on a 1-year basis, and lags it on a 5-year basis The company's share price is the same as the Dow Jones Industrial Average , lags it on a 1-year basis, and lags it on a 5-year basis The company share price is the same as the performance of its peers in the Materials industry sector , lags it on a 1-year basis, and beats it on a 5 year basis Per Group Comparative Performance The company's stock price performance year-to-date lags the peer average by 149.6% The company's stock price performance over the past 12 months lags the peer average by -271.6% The company's price-to-earnings ratio, which relates a company's share price to its earnings per share, is -46.0% lower than the average peer. This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to [email protected]. © 2020 Kwhen Inc.

Within the last quarter, Scotts Miracle Gro (NYSE: SMG ) has observed the following analyst ratings: Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 2 2 0 0 0 Last 30D 1 0 0 0 0 1M Ago 1 0 0 0 0 2M Ago 0 1 0 0 0 3M Ago 0 1 0 0 0 These 4 analysts have an average price target of $191.25 versus the current price of Scotts Miracle Gro at $141.31, implying upside. Below is a summary of how these 4 analysts rated Scotts Miracle Gro over the past 3 months. The greater the number of bullish Full story available on Benzinga.com