Worth Watching: Anti-Scotts Miracle-gro Co Institutional Investors Sentiment Runs Low in Q2 2016

December 1, 2016 - By Peter Erickson   ·   0 Comments

Worth Watching: Anti Scotts Miracle gro Co Institutional Investors Sentiment Runs Low in  Q2 2016

Sentiment for Scotts Miracle-gro Co (NYSE:SMG)

Scotts Miracle-gro Co (NYSE:SMG) institutional sentiment decreased to 0.89 in 2016 Q2. Its down -0.42, from 1.31 in 2016Q1. The ratio is negative, as 141 investment managers opened new or increased equity positions, while 108 sold and reduced stakes in Scotts Miracle-gro Co. The investment managers in our partner’s database now have: 40.29 million shares, down from 41.51 million shares in 2016Q1. Also, the number of investment managers holding Scotts Miracle-gro Co in their top 10 equity positions decreased from 3 to 1 for a decrease of 2. Sold All: 26 Reduced: 82 Increased: 106 New Position: 35.

The Scotts Miracle-Gro Company is a maker and marketer of branded consumer lawn and garden products. The company has a market cap of $5.57 billion. The Company’s divisions include Global Consumer. It has a 22.44 P/E ratio. In North America, its brands include Scotts and Turf Builder lawn and grass seed products; Miracle-Gro, Nature’s Care, Scotts, LiquaFeed and Osmocote gardening and landscape products; and Ortho, Roundup, Home Defense and Tomcat branded insect control, weed control and rodent control products.

The stock decreased 0.37% or $0.34 during the last trading session, hitting $91.27. Scotts Miracle-Gro Co (NYSE:SMG) has risen 28.28% since April 28, 2016 and is uptrending. It has outperformed by 22.35% the S&P500.

Analysts await Scotts Miracle-Gro Co (NYSE:SMG) to report earnings on February, 7. They expect $-1.26 EPS, down 11.50% or $0.13 from last year’s $-1.13 per share. After $-0.30 actual EPS reported by Scotts Miracle-Gro Co for the previous quarter, Wall Street now forecasts 320.00% negative EPS growth.

According to Zacks Investment Research, “The Scotts Miracle-Gro Company, through its wholly-owned subsidiary, The Scotts Company LLC, is the world’s largest marketer of branded consumer products for lawn and garden care, with products for professional horticulture as well. The Company’s brands are the most recognized in the industry. In the U.S., the Company’s Scotts, Miracle-Gro, Ortho and Smith & Hawken brands are market-leading in their categories, as is the consumer Roundup brand, which is marketed in North America and most of Europe exclusively by Scotts and owned by Monsanto. In the U.S. the Company operates Scotts LawnService0, the second largest residential lawn care service business. In Europe, the Company’s brands include Weedol, Pathclear, Evergreen, Levington, Miracle-Gro, KB, Fertiligene and Substral. Its customers include home improvement centers, mass merchandisers, warehouse clubs, hardware chains, independent hardware stores, nurseries, food and drug stores, commercial nurseries and greenhouses, and specialty crop growers.”

Investment House Llc holds 2.51% of its portfolio in Scotts Miracle-Gro Co for 224,426 shares. Schulhoff & Co Inc owns 51,940 shares or 2.25% of their US portfolio. Moreover, Boyar Asset Management Inc. has 1.67% invested in the company for 30,159 shares. The Minnesota-based Arbor Capital Management Llc has invested 1.35% in the stock. Skylands Capital Llc, a Wisconsin-based fund reported 114,800 shares.#img1#

Insider Transactions: Since January 1, 0001, the stock had 0 insider buys, and 7 sales for $5.71 million net activity.

Scotts Miracle-Gro Co (NYSE:SMG) Ratings Coverage

Ratings analysis reveals 100% of Scotts Miracle-Gro Company (The)’s analysts are positive. Out of 2 Wall Street analysts rating Scotts Miracle-Gro Company (The), 2 give it “Buy”, 0 “Sell” rating, while 0 recommend “Hold”. The lowest target is $70 while the high is $113. The stock’s average target of $91.50 is 0.25% above today’s ($91.27) share price. SMG was included in 3 notes of analysts from March 22, 2016. The stock has “Buy” rating given by Gabelli on Thursday, October 20. The stock of Scotts Miracle-Gro Co (NYSE:SMG) earned “Neutral” rating by JP Morgan on Tuesday, March 22. The firm earned “Overweight” rating on Thursday, August 4 by JP Morgan.

SMG Company Profile

The Scotts Miracle-Gro Company (Scotts Miracle-Gro), incorporated on November 22, 2004, is a maker and marketer of branded consumer lawn and garden products. The Company’s divisions include Global Consumer. In North America, its brands include Scotts and Turf Builder lawn and grass seed products; Miracle-Gro, Nature’s Care, Scotts, LiquaFeed and Osmocote gardening and landscape products; and Ortho, Roundup, Home Defense and Tomcat branded insect control, weed control and rodent control products. In the United Kingdom, its brands include Miracle-Gro plant fertilizers; Roundup, Weedol and Pathclear herbicides; EverGreen lawn fertilizers, and Levington gardening and landscape products.

More recent Scotts Miracle-Gro Co (NYSE:SMG) news were published by: Fool.com which released: “Here’s Why The Scotts Miracle-Gro Company Stock Rose 11.5% in August” on September 09, 2016. Also Seekingalpha.com published the news titled: “Scotts Miracle-Gro: Smoke And Mirrors?” on October 19, 2016. Wsj.com‘s news article titled: “Scotts Miracle-Gro to Remove Certain Insecticides from Ortho Products” with publication date: April 12, 2016 was also an interesting one.

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By Peter Erickson


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