Zacks Research Analysts Lower Earnings Estimates for SMG

The Scotts Miracle-Gro Company (NYSE:SMG - Free Report) - Research analysts at Zacks Research cut their Q3 2025 earnings per share estimates for Scotts Miracle-Gro in a research report issued to clients and investors on Wednesday, July 16th. Zacks Research analyst R. Department now anticipates that the basic materials company will post earnings per share of $2.06 for the quarter, down from their previous forecast of $2.07. The consensus estimate for Scotts Miracle-Gro's current full-year earnings is $3.42 per share. Zacks Research also issued estimates for Scotts Miracle-Gro's Q4 2025 earnings at ($1.82) EPS, FY2025 earnings at $3.33 EPS, Q1 2026 earnings at ($1.08) EPS, Q3 2026 earnings at $2.09 EPS, Q4 2026 earnings at ($1.56) EPS, Q1 2027 earnings at ($1.03) EPS and FY2027 earnings at $4.40 EPS.

Scotts Miracle-Gro (NYSE:SMG - Get Free Report) last released its earnings results on Wednesday, April 30th. The basic materials company reported $3.98 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.95 by $0.03. Scotts Miracle-Gro had a negative return on equity of 56.15% and a net margin of 1.04%. The firm had revenue of $1.42 billion during the quarter, compared to analysts' expectations of $1.50 billion. During the same quarter last year, the business posted $3.69 earnings per share. The firm's revenue was down 6.8% on a year-over-year basis.

Several other analysts have also recently issued reports on SMG. Stifel Nicolaus cut Scotts Miracle-Gro from a "buy" rating to a "hold" rating and increased their target price for the stock from $70.00 to $71.00 in a research report on Monday, June 9th. Wells Fargo & Company increased their target price on Scotts Miracle-Gro from $72.00 to $75.00 and gave the stock an "overweight" rating in a research report on Wednesday, July 9th. Jefferies Financial Group upgraded Scotts Miracle-Gro from a "hold" rating to a "buy" rating and cut their target price for the stock from $72.00 to $69.00 in a research report on Monday, April 7th. JPMorgan Chase & Co. cut their target price on Scotts Miracle-Gro from $80.00 to $65.00 and set an "overweight" rating for the company in a research report on Thursday, May 1st. Finally, UBS Group reiterated a "neutral" rating and set a $71.00 target price (up previously from $54.00) on shares of Scotts Miracle-Gro in a research report on Thursday. Two analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average price target of $71.83.

Scotts Miracle-Gro Trading Down 1.2%

NYSE:SMG opened at $66.67 on Monday. Scotts Miracle-Gro has a 12-month low of $45.61 and a 12-month high of $93.90. The stock has a 50-day moving average price of $63.62 and a 200 day moving average price of $61.76. The stock has a market capitalization of $3.85 billion, a P/E ratio of 133.34 and a beta of 2.01.

Hedge Funds Weigh In On Scotts Miracle-Gro

Institutional investors have recently added to or reduced their stakes in the company. American National Bank & Trust purchased a new position in Scotts Miracle-Gro during the 2nd quarter valued at approximately $28,000. Spire Wealth Management grew its holdings in Scotts Miracle-Gro by 477.9% during the 1st quarter. Spire Wealth Management now owns 549 shares of the basic materials company's stock valued at $30,000 after buying an additional 454 shares in the last quarter. UMB Bank n.a. grew its holdings in Scotts Miracle-Gro by 479.4% during the 1st quarter. UMB Bank n.a. now owns 562 shares of the basic materials company's stock valued at $31,000 after buying an additional 465 shares in the last quarter. Avalon Trust Co purchased a new position in Scotts Miracle-Gro during the 1st quarter valued at approximately $41,000. Finally, Frazier Financial Advisors LLC purchased a new position in shares of Scotts Miracle-Gro in the 4th quarter worth approximately $45,000. Hedge funds and other institutional investors own 74.07% of the company's stock.

About Scotts Miracle-Gro

The Scotts Miracle-Gro Company, together with its subsidiaries, manufactures, markets, and sells products for lawn, garden care, and indoor and hydroponic gardening in the United States and internationally. It operates through three segments: U.S. Consumer, Hawthorne, and Other. The company provides lawn care products, comprising lawn fertilizers, grass seed products, spreaders, and other durable products, as well as lawn-related weed, pest, and disease control products; and gardening and landscape products, which include water-soluble and continuous-release plant foods, potting mixes, garden soils, mulches and ground cover products, plant-related pest and disease control products, organic garden products, and live goods and seeding solutions.

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