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

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

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

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

Jif peanut butter maker JM Smucker beats quarterly profit estimates on price hikes

June 6, 2024 8:46 AM EDT

(Reuters) - Jif peanut butter maker JM Smucker topped Wall Street estimates for fourth-quarter profit on Thursday, helped by higher prices of condiments and frozen food as well as lower input costs, sending its shares up 2% before the bell.

Benefits from price hikes helped the company shield its margins from rising costs of coffee. It further benefited from manufacturing and... 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

J. M. Smucker (SJM) June 110 straddle priced into quarter results

June 6, 2024 3:46 AM EDT

J. M. Smucker (NYSE: SJM) June 110 straddle priced for a move of 5% into the expected release of quarter results today before the bell.

... More

J. M. Smucker (SJM) June option implied volatility into quarter results

June 5, 2024 10:09 AM EDT

J. M. Smucker (NYSE: SJM) June call option implied volatility is at 34, July is at 29; compared to its 52-week range of 13 to 68 into the expected release of quarter results before the bell on June 6.

... More

J. M. Smucker (SJM) June 110 straddle priced into quarter results

June 5, 2024 5:25 AM EDT

J. M. Smucker (NYSE: SJM) June 110 straddle priced for a move of 5% into the expected release of quarter results before the bell on June 6.

... More