The JM Smucker Company Reveals 4% Decline In Q2 Earnings

Marco Green
November 17, 2017

Over the past five trading sessions it is 13.69%; 12.01% for the month; -4.31% for the last quarter; -7.43% for the past six-months; and -10.23% for the last 12 months.

In terms of earnings per share, 15 analysts have a 1.72 EPS mean target for the quarter ending Apr-17, for the quarter ending Jul-18, 11 analysts have a 1.69 EPS mean target and for the quarter ending Jul-18 there are 17 estimates of 7.63 EPS.

The ability of a company to meet up with its short-term obligations and be able to clear its longer-term debts is measured using Liquidity and leverage ratios. It is down 13.92% since November 17, 2016 and is uptrending. Sun Life Financial INC increased its stake in J.M. Smucker Company (The) by 10,512.5% during the second quarter. Bridgewater Wealth & Financial Management, LLC controls 71,081 shares worth $7,459,000.

The company saw its net sales reach $1.92 billion, an increase increase of $9.7 million from $1.91 billion experienced during the same period a year ago. It closed at $116.65 lastly. It has underperformed by 17.54% the S&P500.

The stock of J M Smucker Co (NYSE:SJM) is a huge mover today! The stock of J M Smucker Co (NYSE:SJM) has "Neutral" rating given on Thursday, August 24 by JP Morgan.

The J.M. Smucker Company Announces Fiscal 2018 Second Quarter Results. Therefore 33% are positive.

At the end of 09/30/2017 reporting period, 316 institutional holders increased their position in The J.M. Smucker Company (NYSE:SJM) by some 13,337,866 shares, 374 decreased positions by 10,825,047 and 145 held positions by 62,905,496. Also, there are 1 buy, 0 sell and 2 strong sell ratings, collectively assigning a 2.59 average brokerage recommendation. The firm has "Hold" rating given on Wednesday, September 27 by Stifel Nicolaus. The stock has "Underperform" rating by Bernstein on Tuesday, March 21.

Investors sentiment decreased to 0.97 in Q2 2017. Its down 0.15, from 1.12 in 2017Q1. It dropped, as 69 investors sold SJM shares while 233 reduced holdings.

These funds have shifted positions in (SJM). On October 4, 2017 Goldman Sachs Group, Inc. Main Street Ltd Liability Corporation reported 4,086 shares.

The Return on Invested Capital (aka ROIC) for Quaker Chemical Corporation (NYSE:KWR) is 0.258439. 20,359 are owned by Bluemountain Cap Ltd Co.

TRADEMARK VIOLATION NOTICE: "J.M. Smucker Company (The) Plans Quarterly Dividend of $0.78 (NYSE:SJM)" was published by TrueBlueTribune and is the property of of TrueBlueTribune. Mitsubishi UFJ Kokusai Asset Management Co. Hendley accumulated 41,048 shares. The Minnesota-based Gradient Invests Lc has invested 0% in J M Smucker Co (NYSE:SJM). We have $110.64 PT which if reached, will make NYSE:SJM worth $388.80M less. Moreover, Axa has 0.02% invested in J M Smucker Co (NYSE:SJM) for 40,230 shares. Tobam holds 0.07% in J M Smucker Co (NYSE:SJM) or 16,140 shares. Shelter Insur Retirement Plan invested 1.93% of its portfolio in J M Smucker Co (NYSE:SJM). Millennium Mgmt Limited Co reported 387,928 shares. Stephens Inc Ar reported 17,555 shares. Enterprise Value is calculated by taking the market capitalization plus debt, minority interest and preferred shares, minus total cash and cash equivalents. Puzo Michael J holds 1.15% or 18,002 shares in its portfolio.

Exchange Income Corporation (TSX:EIF) now has a Montier C-score of 3. GTT Communications, Inc. (NYSE:GTT) now has a Q.i. Kentucky-based Kentucky Retirement has invested 0.29% in Metlife Inc (NYSE:MET). Sigma Inv Management Communications holds 18,118 shares. The insider now directly owns 46,915 shares worth $5,472,635. The company has market cap of $3.69 billion. Looking at some alternate time periods, the 12 month price index is 0.93171, the 24 month is 1.56015, and the 36 month is 1.77325. Farmers & Merchants Investments Incorporated holds 0.59% or 128,387 shares.

Its net sales rose slightly to $1.92 billion. MetLife had 45 analyst reports since July 31, 2015 according to SRatingsIntel. The firm has "Buy" rating by Deutsche Bank given on Friday, June 10. Wells Fargo maintained the shares of MET in report on Wednesday, April 19 with "Buy" rating. Jefferies Group LLC issued a report on SJM with a rating of "Buy" and setting a price target of $130.00. The Executive Chairman added these shares by way of transaction on August 29, 2017. The third largest holder is Fmr Llc, which now holds $717.59 million worth of this stock and that ownership represents almost 5.49% of its market capitalization.

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