Scotts Miracle-Gro (SMG) volatility elevated into disappointing guidance
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Price: $67.66 -1.26%
Overall Analyst Rating:
NEUTRAL (
Down)
Dividend Yield: 3.9%
Revenue Growth %: -13.9%
Overall Analyst Rating:
NEUTRAL (
Down)Dividend Yield: 3.9%
Revenue Growth %: -13.9%
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Scotts Miracle-Gro (NYSE: SMG) is recently down 16% in the premarket after the company announced weak guidance due to slowing consumer demand. BMO Capital lowered its price target to $40 from $42, Overall option implied volatility of 36 is above its 26-week average of 32 according to Track Data.
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