J. M. Smucker Company (SJM) Stock Forecast, Price Target & Predictions
SJM Stock Forecast
J. M. Smucker Company stock forecast is as follows: an average price target of $134.85 (represents a 20.32% upside from SJM’s last price of $112.08) and a rating consensus of 'Hold', based on 14 wall street analysts offering a 1-year stock forecast.
SJM Price Target
The average price target for J. M. Smucker Company (SJM) is $134.85 based on 1-year price targets from 14 Wall Street analysts in the past 3 months, with a price target range of $165.00 to $116.00. This represents a potential 20.32% upside from SJM's last price of $112.08.
SJM Analyst Ratings
According to 14 Wall Street analysts, J. M. Smucker Company's rating consensus is 'Hold'. The analyst rating breakdown for SJM stock is 0 'Strong Buy' (0.00%), 6 'Buy' (42.86%), 7 'Hold' (50.00%), 1 'Sell' (7.14%), and 0 'Strong Sell' (0.00%).
J. M. Smucker Company Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Nov 18, 2024 | Rob Dickerson | Jefferies | $116.00 | $118.46 | -2.08% | 3.50% |
| Aug 30, 2024 | Andrew Lazar | Barclays | $121.00 | $113.79 | 6.34% | 7.96% |
| Aug 29, 2024 | Thomas Palmer | Coker Palmer | $136.00 | $113.79 | 19.52% | 21.34% |
| Aug 20, 2024 | Thomas Palmer | Citigroup | $138.00 | $120.93 | 14.12% | 23.13% |
| Jun 13, 2024 | Taylor Conrad | Argus Research | $135.00 | $110.13 | 22.58% | 20.45% |
| Jun 07, 2024 | Alexia Howard | Bernstein | $121.00 | $115.00 | 5.22% | 7.96% |
| Jun 06, 2024 | Thomas Palmer | Coker Palmer | $139.00 | $115.37 | 20.48% | 24.02% |
| Jun 06, 2024 | Arun Sundaram | CFRA | $131.00 | $115.43 | 13.49% | 16.88% |
| Jun 06, 2024 | Michael Kaye | Wells Fargo | $140.00 | $116.42 | 20.25% | 24.91% |
| Jun 06, 2024 | Ken Goldman | Goldman Sachs | $128.00 | $116.94 | 9.46% | 14.20% |
The latest J. M. Smucker Company stock forecast, released on Nov 18, 2024 by Rob Dickerson from Jefferies, set a price target of $116.00, which represents a -2.08% decrease from the stock price at the time of the forecast ($118.46), and a 3.50% increase from SJM last price ($112.08).
J. M. Smucker Company Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 1 | 3 | 15 |
| Avg Price Target | $116.00 | $124.33 | $130.53 |
| Last Closing Price | $112.08 | $112.08 | $112.08 |
| Upside/Downside | 3.50% | 10.93% | 16.46% |
In the current month, the average price target of J. M. Smucker Company stock is $116.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a 3.50% increase as opposed to J. M. Smucker Company's last price of $112.08. This month's average price target is down -6.70% compared to last quarter, and down -11.13% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Aug 30, 2024 | Barclays | Equal-Weight | Equal-Weight | Hold |
| Aug 29, 2024 | Cowen & Co. | Buy | Buy | Hold |
| Aug 20, 2024 | Citigroup | Buy | Buy | Hold |
| Jun 07, 2024 | Bernstein | Market Perform | Market Perform | Hold |
| Jun 07, 2024 | Cowen & Co. | Buy | Buy | Hold |
| Jun 06, 2024 | CFRA | Hold | Hold | Hold |
| Jun 06, 2024 | Wells Fargo | Overweight | Overweight | Hold |
| May 31, 2024 | Citigroup | Buy | Buy | Hold |
| May 23, 2024 | Jefferies | Hold | Hold | Hold |
| May 20, 2024 | Deutsche Bank | Hold | Hold | Hold |
J. M. Smucker Company's last stock rating was published by Barclays on Aug 30, 2024. The company gave SJM a "Equal-Weight" rating, the same as its previous rate.
J. M. Smucker Company Financial Forecast
J. M. Smucker Company Revenue Forecast
| May 27 | Jan 27 | Oct 26 | Jul 26 | May 26 | Jan 26 | Oct 25 | Jul 25 | May 25 | Jan 25 | Oct 24 | Jul 24 | May 24 | Jan 24 | Oct 23 | Jul 23 | May 23 | Jan 23 | Oct 22 | Jul 22 | May 22 | Jan 22 | Oct 21 | Jul 21 | May 21 | Jan 21 | Oct 20 | Jul 20 | May 20 | Jan 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | $2.23B | $1.94B | $1.81B | - | $2.22B | $2.21B | $1.87B | - | $2.06B | $2.05B | $1.86B | - | $2.08B | $2.03B | $1.97B | - | $1.97B |
| Avg Forecast | $2.28B | $2.31B | $2.30B | $2.15B | $2.28B | $2.30B | $2.29B | $2.15B | $2.24B | $2.27B | $2.26B | $2.13B | $2.24B | $2.22B | $1.95B | $1.84B | $2.17B | $2.22B | $2.17B | $1.87B | $1.98B | $2.04B | $1.95B | $1.80B | $1.88B | $2.01B | $2.01B | $1.81B | $2.04B | $1.97B |
| High Forecast | $2.29B | $2.32B | $2.32B | $2.16B | $2.29B | $2.31B | $2.30B | $2.17B | $2.25B | $2.28B | $2.28B | $2.14B | $2.24B | $2.22B | $1.99B | $1.85B | $2.18B | $2.23B | $2.19B | $1.89B | $2.00B | $2.06B | $1.97B | $1.81B | $1.90B | $2.03B | $2.03B | $1.83B | $2.07B | $1.99B |
| Low Forecast | $2.26B | $2.29B | $2.28B | $2.13B | $2.26B | $2.28B | $2.26B | $2.13B | $2.22B | $2.25B | $2.24B | $2.13B | $2.24B | $2.22B | $1.93B | $1.82B | $2.15B | $2.20B | $2.16B | $1.86B | $1.96B | $2.03B | $1.94B | $1.78B | $1.86B | $1.99B | $2.00B | $1.80B | $2.03B | $1.96B |
| # Analysts | 6 | 4 | 6 | 4 | 6 | 4 | 5 | 3 | 5 | 8 | 7 | 6 | 3 | 4 | 8 | 4 | 6 | 4 | 5 | 3 | 5 | 3 | 6 | 4 | 6 | 4 | 6 | 6 | 6 | 6 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.00% | 1.00% | 0.98% | - | 1.00% | 1.01% | 1.00% | - | 1.01% | 1.05% | 1.03% | - | 1.04% | 1.01% | 1.09% | - | 1.00% |
J. M. Smucker Company's average Quarter revenue forecast for May 24 based on 3 analysts is $2.24B, with a low forecast of $2.24B, and a high forecast of $2.24B. SJM's average Quarter revenue forecast represents a 0.54% increase compared to the company's last Quarter revenue of $2.23B (Jan 24).
J. M. Smucker Company EBITDA Forecast
| May 27 | Jan 27 | Oct 26 | Jul 26 | May 26 | Jan 26 | Oct 25 | Jul 25 | May 25 | Jan 25 | Oct 24 | Jul 24 | May 24 | Jan 24 | Oct 23 | Jul 23 | May 23 | Jan 23 | Oct 22 | Jul 22 | May 22 | Jan 22 | Oct 21 | Jul 21 | May 21 | Jan 21 | Oct 20 | Jul 20 | May 20 | Jan 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 6 | 4 | 6 | 4 | 6 | 4 | 5 | 3 | 5 | 8 | 7 | 6 | 3 | 4 | 8 | 4 | 6 | 4 | 5 | 3 | 5 | 3 | 6 | 4 | 6 | 4 | 6 | 6 | 6 | 6 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | $297.40M | $298.90M | $303.50M | - | $429.30M | $406.00M | $292.30M | - | $264.30M | $425.00M | $362.20M | - | $515.50M | $462.20M | $473.40M | - | $399.70M |
| Avg Forecast | $489.03M | $495.12M | $494.38M | $461.72M | $488.81M | $493.96M | $490.34M | $462.26M | $479.88M | $486.81M | $485.33M | $457.77M | $283.08M | $476.35M | $417.48M | $394.28M | $257.34M | $378.12M | $465.82M | $400.99M | $233.95M | $437.60M | $418.59M | $384.61M | $454.30M | $429.73M | $431.10M | $388.55M | $378.19M | $422.50M |
| High Forecast | $491.57M | $497.69M | $496.94M | $464.12M | $491.35M | $496.53M | $492.88M | $464.66M | $482.37M | $488.96M | $489.61M | $458.50M | $339.70M | $476.35M | $426.00M | $396.32M | $308.81M | $453.75M | $470.20M | $405.29M | $280.74M | $442.29M | $423.08M | $388.74M | $545.16M | $434.34M | $435.73M | $392.71M | $453.83M | $427.03M |
| Low Forecast | $484.59M | $490.62M | $489.88M | $457.53M | $484.37M | $489.48M | $485.88M | $458.06M | $475.52M | $482.52M | $481.06M | $457.04M | $226.46M | $476.35M | $413.22M | $390.69M | $205.88M | $302.50M | $461.98M | $398.14M | $187.16M | $434.48M | $415.61M | $381.88M | $363.44M | $426.67M | $428.04M | $385.78M | $302.55M | $419.49M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.62% | 0.72% | 0.77% | - | 1.14% | 0.87% | 0.73% | - | 0.60% | 1.02% | 0.94% | - | 1.20% | 1.07% | 1.22% | - | 0.95% |
3 analysts predict SJM's average Quarter EBITDA for May 24 to be $283.08M, with a high of $339.70M and a low of $226.46M. This is -4.82% lower than J. M. Smucker Company's previous annual EBITDA (Jan 24) of $297.40M.
J. M. Smucker Company Net Income Forecast
| May 27 | Jan 27 | Oct 26 | Jul 26 | May 26 | Jan 26 | Oct 25 | Jul 25 | May 25 | Jan 25 | Oct 24 | Jul 24 | May 24 | Jan 24 | Oct 23 | Jul 23 | May 23 | Jan 23 | Oct 22 | Jul 22 | May 22 | Jan 22 | Oct 21 | Jul 21 | May 21 | Jan 21 | Oct 20 | Jul 20 | May 20 | Jan 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 6 | 4 | 6 | 4 | 6 | 4 | 5 | 3 | 5 | 8 | 7 | 6 | 3 | 4 | 8 | 4 | 6 | 4 | 5 | 3 | 5 | 3 | 6 | 4 | 6 | 4 | 6 | 6 | 6 | 6 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | $120.40M | $194.90M | $183.60M | - | $208.50M | $191.10M | $109.80M | - | $69.70M | $206.00M | $153.90M | - | $261.50M | $230.80M | $237.00M | - | $187.40M |
| Avg Forecast | $299.26M | $305.14M | $295.59M | $266.85M | $280.29M | $287.73M | $282.13M | $267.23M | $252.35M | $262.38M | $266.03M | $230.61M | $74.65M | $241.38M | $262.52M | $214.35M | $67.87M | $183.28M | $232.17M | $135.25M | $61.70M | $222.29M | $217.47M | $200.38M | $230.45M | $233.13M | $236.76M | $178.02M | $177.32M | $236.59M |
| High Forecast | $301.28M | $307.20M | $297.58M | $268.66M | $282.18M | $289.67M | $284.04M | $269.04M | $254.06M | $267.69M | $271.37M | $231.27M | $89.58M | $251.09M | $267.83M | $215.80M | $81.44M | $219.94M | $235.01M | $137.13M | $74.04M | $225.39M | $220.50M | $203.17M | $276.55M | $236.38M | $240.06M | $180.50M | $212.78M | $239.89M |
| Low Forecast | $295.72M | $301.53M | $292.10M | $263.70M | $276.98M | $284.33M | $278.80M | $264.08M | $249.37M | $257.07M | $257.48M | $229.95M | $59.72M | $231.68M | $255.08M | $211.82M | $54.29M | $146.62M | $229.68M | $134.00M | $49.36M | $220.24M | $215.46M | $198.53M | $184.36M | $230.98M | $234.57M | $176.37M | $141.85M | $234.40M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.50% | 0.74% | 0.86% | - | 1.14% | 0.82% | 0.81% | - | 0.31% | 0.95% | 0.77% | - | 1.12% | 0.97% | 1.33% | - | 0.79% |
J. M. Smucker Company's average Quarter net income forecast for May 24 is $74.65M, with a range of $59.72M to $89.58M. SJM's average Quarter net income forecast represents a -38.00% decrease compared to the company's last Quarter net income of $120.40M (Jan 24).
J. M. Smucker Company SG&A Forecast
| May 27 | Jan 27 | Oct 26 | Jul 26 | May 26 | Jan 26 | Oct 25 | Jul 25 | May 25 | Jan 25 | Oct 24 | Jul 24 | May 24 | Jan 24 | Oct 23 | Jul 23 | May 23 | Jan 23 | Oct 22 | Jul 22 | May 22 | Jan 22 | Oct 21 | Jul 21 | May 21 | Jan 21 | Oct 20 | Jul 20 | May 20 | Jan 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 6 | 4 | 6 | 4 | 6 | 4 | 5 | 3 | 5 | 8 | 7 | 6 | 3 | 4 | 8 | 4 | 6 | 4 | 5 | 3 | 5 | 3 | 6 | 4 | 6 | 4 | 6 | 6 | 6 | 6 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | $374.20M | $333.50M | $313.60M | - | $380.90M | $354.30M | $343.80M | - | $336.00M | $347.70M | $324.00M | - | $371.70M | $382.80M | $357.50M | - | $358.90M |
| Avg Forecast | $406.04M | $411.09M | $410.47M | $383.36M | $405.85M | $410.13M | $407.12M | $383.81M | $398.44M | $404.20M | $402.97M | $380.08M | $359.87M | $395.51M | $346.63M | $327.36M | $327.16M | $309.35M | $387.37M | $333.47M | $297.42M | $363.90M | $348.10M | $319.85M | $327.57M | $357.36M | $358.51M | $323.11M | $339.59M | $351.35M |
| High Forecast | $408.15M | $413.22M | $412.60M | $385.35M | $407.96M | $412.26M | $409.23M | $385.80M | $400.50M | $405.98M | $406.52M | $380.69M | $431.85M | $395.51M | $353.70M | $329.06M | $392.59M | $371.22M | $391.02M | $337.04M | $356.90M | $367.81M | $351.83M | $323.27M | $393.09M | $361.20M | $362.35M | $326.58M | $407.50M | $355.11M |
| Low Forecast | $402.35M | $407.35M | $406.74M | $379.88M | $402.17M | $406.41M | $403.42M | $380.32M | $394.82M | $400.63M | $399.41M | $379.48M | $287.90M | $395.51M | $343.09M | $324.39M | $261.73M | $247.48M | $384.18M | $331.09M | $237.93M | $361.31M | $345.62M | $317.57M | $262.06M | $354.82M | $355.96M | $320.82M | $271.67M | $348.85M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.95% | 0.96% | 0.96% | - | 1.23% | 0.91% | 1.03% | - | 0.92% | 1.00% | 1.01% | - | 1.04% | 1.07% | 1.11% | - | 1.02% |
J. M. Smucker Company's average Quarter SG&A projection for May 24 is $359.87M, based on 3 Wall Street analysts, with a range of $287.90M to $431.85M. The forecast indicates a -3.83% fall compared to SJM last annual SG&A of $374.20M (Jan 24).
J. M. Smucker Company EPS Forecast
| May 27 | Jan 27 | Oct 26 | Jul 26 | May 26 | Jan 26 | Oct 25 | Jul 25 | May 25 | Jan 25 | Oct 24 | Jul 24 | May 24 | Jan 24 | Oct 23 | Jul 23 | May 23 | Jan 23 | Oct 22 | Jul 22 | May 22 | Jan 22 | Oct 21 | Jul 21 | May 21 | Jan 21 | Oct 20 | Jul 20 | May 20 | Jan 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 6 | 4 | 6 | 4 | 6 | 4 | 5 | 3 | 5 | 8 | 7 | 6 | 3 | 4 | 8 | 4 | 6 | 4 | 5 | 3 | 5 | 3 | 6 | 4 | 6 | 4 | 6 | 6 | 6 | 6 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $1.96 | $1.79 | $1.03 | - | $0.64 | $1.90 | $1.42 | - | $2.32 | $2.02 | $2.08 | - | $1.64 |
| Avg Forecast | $2.82 | $2.87 | $2.78 | $2.51 | $2.64 | $2.71 | $2.65 | $2.51 | $2.37 | $2.47 | $2.50 | $2.17 | $2.35 | $2.27 | $2.47 | $2.02 | $2.41 | $2.13 | $2.18 | $1.27 | $1.88 | $2.09 | $2.05 | $1.89 | $1.67 | $2.19 | $2.23 | $1.67 | $2.28 | $2.23 |
| High Forecast | $2.83 | $2.89 | $2.80 | $2.53 | $2.65 | $2.73 | $2.67 | $2.53 | $2.39 | $2.52 | $2.55 | $2.18 | $2.35 | $2.36 | $2.52 | $2.03 | $2.43 | $2.23 | $2.21 | $1.29 | $1.91 | $2.12 | $2.07 | $1.91 | $1.69 | $2.22 | $2.26 | $1.70 | $2.31 | $2.26 |
| Low Forecast | $2.78 | $2.84 | $2.75 | $2.48 | $2.61 | $2.67 | $2.62 | $2.48 | $2.35 | $2.42 | $2.42 | $2.16 | $2.34 | $2.18 | $2.40 | $1.99 | $2.39 | $2.04 | $2.16 | $1.26 | $1.86 | $2.07 | $2.03 | $1.87 | $1.65 | $2.17 | $2.21 | $1.66 | $2.25 | $2.21 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.92% | 0.82% | 0.81% | - | 0.31% | 0.93% | 0.75% | - | 1.06% | 0.91% | 1.24% | - | 0.74% |
According to 6 Wall Street analysts, J. M. Smucker Company's projected average Quarter EPS for May 23 is $2.41, with a low estimate of $2.39 and a high estimate of $2.43. This represents a 23.16% increase compared to SJM previous annual EPS of $1.96 (Jan 23).
J. M. Smucker Company Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| HRL | Hormel Foods | $30.22 | $42.86 | 41.83% | Hold |
| KHC | Kraft Heinz Company | $30.88 | $40.44 | 30.96% | Buy |
| CAG | Conagra Brands | $27.12 | $35.25 | 29.98% | Hold |
| LW | Lamb Weston | $76.11 | $98.29 | 29.14% | Buy |
| SJM | J. M. Smucker Company | $112.08 | $134.85 | 20.32% | Hold |
| GIS | General Mills | $63.80 | $75.10 | 17.71% | Hold |
| CPB | Campbell Soup Company | $43.81 | $49.68 | 13.40% | Hold |
| MKC | McCormick & Company | $77.13 | $79.44 | 2.99% | Hold |
| K | Kellanova | $80.78 | $74.03 | -8.36% | Hold |