Zacks Research Has Pessimistic Outlook of SMG Q3 Earnings

The Scotts Miracle-Gro Company (NYSE:SMG - Free Report) - Analysts at Zacks Research lowered their Q3 2025 EPS estimates for Scotts Miracle-Gro in a note issued to 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 prior estimate 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.

A number of other equities research analysts have also recently issued reports on the company. JPMorgan Chase & Co. cut their target price on Scotts Miracle-Gro from $80.00 to $65.00 and set an "overweight" rating on the stock in a research note on Thursday, May 1st. Jefferies Financial Group raised Scotts Miracle-Gro from a "hold" rating to a "buy" rating and lowered their target price for the stock from $72.00 to $69.00 in a report on Monday, April 7th. Truist Financial set a $80.00 price target on Scotts Miracle-Gro and gave the stock a "buy" rating in a research note on Monday, July 14th. UBS Group reissued a "neutral" rating and issued a $71.00 price target (up previously from $54.00) on shares of Scotts Miracle-Gro in a research note on Thursday, July 17th. Finally, Wells Fargo & Company lifted their target price on Scotts Miracle-Gro from $72.00 to $75.00 and gave the company an "overweight" rating in a research note on Wednesday, July 9th. Two research analysts have rated the stock with a hold rating and four have given a buy rating to the company. According to data from MarketBeat, Scotts Miracle-Gro presently has a consensus rating of "Moderate Buy" and an average price target of $71.83.

Scotts Miracle-Gro Stock Down 2.3%

SMG stock traded down $1.61 during mid-day trading on Monday, reaching $68.47. The company had a trading volume of 574,318 shares, compared to its average volume of 638,924. The stock has a market capitalization of $3.95 billion, a P/E ratio of 136.95 and a beta of 2.01. Scotts Miracle-Gro has a one year low of $45.61 and a one year high of $93.90. The stock's 50-day simple moving average is $64.38 and its two-hundred day simple moving average is $61.87.

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

Institutional Investors Weigh In On Scotts Miracle-Gro

Institutional investors have recently made changes to their positions in the company. IFP Advisors Inc lifted its holdings in Scotts Miracle-Gro by 61.4% in the 2nd quarter. IFP Advisors Inc now owns 1,278 shares of the basic materials company's stock worth $84,000 after purchasing an additional 486 shares during the last quarter. Blair William & Co. IL lifted its holdings in Scotts Miracle-Gro by 27.5% in the 2nd quarter. Blair William & Co. IL now owns 243,054 shares of the basic materials company's stock worth $16,032,000 after purchasing an additional 52,447 shares during the last quarter. US Bancorp DE lifted its holdings in shares of Scotts Miracle-Gro by 20.7% during the second quarter. US Bancorp DE now owns 48,176 shares of the basic materials company's stock worth $3,178,000 after buying an additional 8,270 shares during the last quarter. Optas LLC acquired a new position in shares of Scotts Miracle-Gro during the second quarter worth approximately $237,000. Finally, WoodTrust Financial Corp acquired a new position in shares of Scotts Miracle-Gro during the second quarter worth approximately $396,000. 74.07% of the stock is currently owned by institutional investors and hedge funds.

Scotts Miracle-Gro Company Profile

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.