Scotts Miracle-Gro (NYSE:SMG) Stock Gets Price Target Boost from UBS Group

Scotts Miracle-Gro (NYSE:SMG) had its price objective boosted by investment analysts at UBS Group from $70.00 to $77.00 in a report issued on Thursday, Benzinga reports. The firm presently has a “buy” rating on the basic materials company’s stock. UBS Group‘s target price points to a potential upside of 16.08% from the company’s current price.

A number of other research analysts have also recently issued reports on SMG. Wall Street Zen cut Scotts Miracle-Gro from a “buy” rating to a “hold” rating in a report on Saturday, August 1st. Stifel Nicolaus lowered their target price on shares of Scotts Miracle-Gro from $76.00 to $75.00 and set a “buy” rating on the stock in a report on Tuesday, September 29th. Citigroup reaffirmed an “overweight” rating on shares of Scotts Miracle-Gro in a report on Monday. Wells Fargo & Company increased their target price on shares of Scotts Miracle-Gro from $71.00 to $76.00 and gave the stock an “overweight” rating in a research report on Thursday. Finally, Weiss Ratings downgraded shares of Scotts Miracle-Gro from a “hold (c)” rating to a “hold (c-)” rating in a report on Tuesday, October 6th. Five equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat.com, Scotts Miracle-Gro presently has an average rating of “Moderate Buy” and an average price target of $74.80.

Scotts Miracle-Gro Price Performance

Shares of SMG traded down $0.86 during mid-day trading on Thursday, reaching $66.33. The company had a trading volume of 1,905,713 shares, compared to its average volume of 985,308. Scotts Miracle-Gro has a twelve month low of $47.90 and a twelve month high of $75.34. The company’s 50-day moving average is $55.50 and its 200-day moving average is $61.93. The company has a market capitalization of $3.86 billion, a P/E ratio of 57.68 and a beta of 1.87.

Scotts Miracle-Gro (NYSE:SMG) last announced its quarterly earnings results on Wednesday, November 4th. The basic materials company reported ($2.16) EPS for the quarter, beating the consensus estimate of ($2.21) by $0.05. The business had revenue of $302.90 million for the quarter, compared to analyst estimates of $306.11 million. Scotts Miracle-Gro had a negative return on equity of 81.90% and a net margin of 2.19%. Scotts Miracle-Gro’s quarterly revenue was down 10.9% on a year-over-year basis. During the same quarter in the previous year, the firm earned ($2.63) EPS. As a group, equities analysts expect that Scotts Miracle-Gro will post 4.39 EPS for the current fiscal year.

Insiders Place Their Bets

In other Scotts Miracle-Gro news, Director Mark D. Kingdon sold 831 shares of Scotts Miracle-Gro stock in a transaction on Monday, August 10th. The stock was sold at an average price of $61.65, for a total value of $51,231.15. Following the completion of the transaction, the director owned 10,827 shares in the company, valued at approximately $667,484.55. The trade was a 7.13% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 24.40% of the stock is owned by corporate insiders.

Institutional Trading of Scotts Miracle-Gro

Several large investors have recently made changes to their positions in the business. Ethic Inc. increased its stake in shares of Scotts Miracle-Gro by 51.6% in the third quarter. Ethic Inc. now owns 18,507 shares of the basic materials company’s stock valued at $927,000 after buying an additional 6,298 shares in the last quarter. Compass Financial Management LLC raised its holdings in shares of Scotts Miracle-Gro by 0.7% in the third quarter. Compass Financial Management LLC now owns 31,973 shares of the basic materials company’s stock valued at $1,602,000 after buying an additional 235 shares during the last quarter. Vise Technologies Inc. acquired a new position in Scotts Miracle-Gro during the 3rd quarter worth about $234,000. Pinnacle Wealth Planning Services Inc. lifted its position in Scotts Miracle-Gro by 5,391.3% during the 3rd quarter. Pinnacle Wealth Planning Services Inc. now owns 2,526 shares of the basic materials company’s stock worth $127,000 after buying an additional 2,480 shares in the last quarter. Finally, Carolina Wealth Advisors LLC grew its holdings in Scotts Miracle-Gro by 1.2% during the 3rd quarter. Carolina Wealth Advisors LLC now owns 43,765 shares of the basic materials company’s stock worth $2,193,000 after acquiring an additional 502 shares during the last quarter. Institutional investors own 74.07% of the company’s stock.

Trending Headlines about Scotts Miracle-Gro

Here are the key news stories impacting Scotts Miracle-Gro this week:

• Positive Sentiment: Management forecast fiscal 2027 adjusted EPS of $4.70–$4.90 and sales growth of 2%–4%, citing contributions from Black Kow and targeted pricing. The company also said fiscal 2026 adjusted EPS exceeded guidance and gross margins expanded. Fiscal 2027 guidance
• Positive Sentiment: Fourth-quarter loss of $2.16 per share was narrower than analysts expected, and management said it strengthened the balance sheet during fiscal 2026. Fiscal 2026 results
• Neutral Sentiment: Scotts declared a quarterly dividend of $0.66 per share, payable December 4 to shareholders of record November 20.
• Negative Sentiment: JPMorgan cut its price target to $67 from $70 and maintained a neutral rating, implying limited upside from the cited share price. JPMorgan ratings
• Negative Sentiment: Quarterly revenue was $302.9 million, below expectations and down 10.9% year over year. The earnings beat was modest and the company still reported a quarterly loss. Fiscal Q4 results

About Scotts Miracle-Gro

Scotts Miracle-Gro Company is a provider of consumer lawn and garden products headquartered in Marysville, Ohio. The company develops and markets products designed to help consumers grow and maintain lawns, gardens, landscapes and indoor plants.

Its portfolio includes lawn fertilizers, grass seed, plant food, gardening products, pest-control solutions, soils and related growing supplies. Key consumer brands include Scotts, Miracle-Gro, Ortho and Tomcat. The company also has a history of serving the controlled-environment agriculture and hydroponics markets through specialized growing products and supplies.

Scotts Miracle-Gro was founded in 1868 and has built a broad distribution network serving retail customers, garden centers and other outlets.