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

J. M. Smucker (NYSE:SJM) updated its FY25 earnings guidance on Tuesday. The company provided EPS guidance of $9.70-10.10 for the period, compared to the consensus EPS 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.

Wall Street Analyst Weigh In

Several analysts recently commented on the company. DA Davidson reaffirmed a “neutral” rating and set a $121.00 target price on shares of J. M. Smucker in a report on Thursday, August 29th. Wells Fargo & Company boosted their price objective on J. M. Smucker from $130.00 to $135.00 and gave the company an “overweight” rating in a research report on Wednesday. TD Cowen decreased their target price on 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. Barclays reduced their price objective on shares of J. M. Smucker from $123.00 to $121.00 and set an “equal weight” rating for the company in a research report on Friday, August 30th. Finally, BNP Paribas upgraded shares of J. M. Smucker to a “strong sell” rating 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 assigned a buy rating to the company’s stock. According to data from MarketBeat.com, J. M. Smucker currently has an average rating of “Hold” and an average target price of $127.55.

J. M. Smucker Stock Down 1.7 %

Shares of SJM opened at $118.00 on Friday. The company has a debt-to-equity ratio of 0.89, a quick ratio of 0.25 and a current ratio of 0.58. The stock has a market capitalization of $12.56 billion, a PE ratio of 23.89, a P/E/G ratio of 3.29 and a beta of 0.25. The company’s 50-day simple moving average is $116.38 and its 200-day simple moving average is $115.60. J. M. Smucker has a 1 year low of $105.69 and a 1 year high of $134.62.

J. M. Smucker (NYSE:SJM) last issued its quarterly earnings results on Tuesday, November 26th. The company reported $2.76 EPS for the quarter, beating the consensus estimate of $2.49 by $0.27. J. M. Smucker had a net margin of 5.96% and a return on equity of 14.35%. The company had revenue of $2.27 billion during the quarter, compared to analysts’ expectations of $2.27 billion. During the same quarter last year, the company posted $2.59 EPS. The firm’s revenue was up 17.2% compared to the same quarter last year. Analysts forecast that J. M. Smucker will post 9.85 earnings per share for the current fiscal year.

J. M. Smucker Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, December 2nd. Shareholders of record on Friday, November 15th will be issued a dividend of $1.08 per share. The ex-dividend date is Friday, November 15th. This represents a $4.32 annualized dividend and a yield of 3.66%. J. M. Smucker’s dividend payout ratio (DPR) is 87.45%.

About J. M. Smucker

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.