The J.M. Smucker Co. Announces Fiscal Year 2024 Fourth Quarter Results

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J.M. Smucker (SJM) PT Lowered to $126 at DA Davidson

June 10, 2024 4:04 AM EDT

DA Davidson analyst Brian Holland lowered the price target on J.M. Smucker (NYSE: SJM) to $126.00 (from $132.00) while maintaining a Neutral rating.

The analyst comments "We maintain our NEUTRAL rating despite what admittedly appears a more attractive entry point, attributable to our below... More

Bernstein SocGen Group Reiterates Market Perform Rating on J.M. Smucker (SJM)

June 7, 2024 10:50 AM EDT

Bernstein SocGen Group analyst Alexia Howard reiterated a Market Perform rating and $121.00 price target on J.M. Smucker (NYSE: SJM)

The analyst comments "SJMs 4Q:FY24 results missed on sales but beat on GM, EBIT, and EPS: Revenues of $2,205.7m were -1.7% below... More

J.M. Smucker (SJM) PT Lowered to $131 at CFRA

June 6, 2024 2:36 PM EDT

CFRA analyst Arun Sundaram lowered the price target on J.M. Smucker (NYSE: SJM) to $131.00 (from $137.00) while maintaining a Hold rating.

The analyst comments "We cut our 12-month target to $131 from $137, 13x our FY 25 (Apr.) EPS of $10.07 (cut from $10.16; FY 26 set at $11.27)... More

Wells Fargo Reiterates Overweight Rating on J.M. Smucker (SJM)

June 6, 2024 10:00 AM EDT

Wells Fargo analyst Michael Kaye reiterated an Overweight rating and $140.00 price target on J.M. Smucker (NYSE: SJM)

The analyst comments "Overall here. We think today should help clear the decks for SJM, a stock which has languished ever since CAGNY as visibility... More

JPMorgan Reiterates Neutral Rating on J.M. Smucker (SJM)

June 6, 2024 9:07 AM EDT

JPMorgan analyst Ken Goldman reiterated a Neutral rating and $128.00 price target on J.M. Smucker (NYSE: SJM).

The analyst comments "Overall: Positive versus expectations. In general, well classify this print/guide as better than the buy-side likely anticipated. First, EPS guidance for... More

Stifel Reiterates Buy Rating on J.M. Smucker (SJM)

June 6, 2024 9:06 AM EDT

Stifel analyst Matthew Smith reiterated a Buy rating and $135.00 price target on J.M. Smucker (NYSE: SJM).

The analyst comments "Smucker reported 4Q24 earnings of $2.66 representing 1% growth, which was $0.33 ahead of our estimate and $0.31 ahead of the consensus estimate. Organic sales were up... More

Citi Reiterates Buy Rating on J.M. Smucker (SJM)

June 6, 2024 9:05 AM EDT

Citi analyst Thomas Palmer reiterated a Buy rating and $137.00 price target on J.M. Smucker (NYSE: SJM).

The analyst comments "SJM reported 4Q24 EPS of $2.66, well above the Visible Alpha consensus of $2.32. Profit upside extended across all five legacy reporting segments, though... More

J. M. Smucker (SJM) Tops Q4 EPS by 31c

June 6, 2024 7:03 AM EDT

J. M. Smucker (NYSE: SJM) reported Q4 EPS of $2.66, $0.31 better than the analyst estimate of $2.35. Revenue for the quarter came in at $2.21 billion versus the consensus estimate of $2.24 billion.

GUIDANCE:

J. M. Smucker sees FY2025 EPS of $9.80-$10.20, versus the... More