J. M. Smucker (NYSE:SJM) Updates FY25 Earnings Guidance

J. M. Smucker (NYSE:SJM) updated its FY25 earnings guidance on Tuesday. The company provided earnings per share (EPS) guidance of $9.70-10.10 for the period, compared to the consensus estimate of $9.79. The company issued revenue guidance of +8.5-9.5% yr/yr to ~$8.87-8.96 billion, compared to the consensus revenue estimate of $8.89 billion. J. M. Smucker also updated its FY 2025 guidance to 9.700-10.100 EPS.

J. M. Smucker Stock Down 1.7 %

Shares of NYSE:SJM opened at $118.00 on Friday. The firm has a 50 day simple moving average of $116.38 and a 200-day simple moving average of $115.60. J. M. Smucker has a twelve month low of $105.69 and a twelve month high of $134.62. The company has a current ratio of 0.58, a quick ratio of 0.25 and a debt-to-equity ratio of 0.89. The company has a market capitalization of $12.56 billion, a PE ratio of 23.89, a P/E/G ratio of 3.29 and a beta of 0.25.

J. M. Smucker (NYSE:SJM) last announced its quarterly earnings results on Tuesday, November 26th. The company reported $2.76 earnings per share for the quarter, beating analysts’ consensus estimates of $2.49 by $0.27. J. M. Smucker had a net margin of 5.96% and a return on equity of 14.35%. The firm had revenue of $2.27 billion during the quarter, compared to analysts’ expectations of $2.27 billion. During the same period in the previous year, the company earned $2.59 earnings per share. J. M. Smucker’s quarterly revenue was up 17.2% compared to the same quarter last year. On average, equities analysts predict that J. M. Smucker will post 9.85 EPS for the current fiscal year.

J. M. Smucker Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, December 2nd. Stockholders of record on Friday, November 15th will be issued a $1.08 dividend. The ex-dividend date is Friday, November 15th. This represents a $4.32 dividend on an annualized basis and a dividend yield of 3.66%. J. M. Smucker’s payout ratio is 87.45%.

Wall Street Analysts Forecast Growth

SJM has been the topic of several recent research reports. Citigroup dropped their price target on J. M. Smucker from $138.00 to $136.00 and set a “buy” rating on the stock in a research report on Thursday, August 29th. Bank of America dropped their price objective on shares of J. M. Smucker from $130.00 to $122.00 and set a “neutral” rating on the stock in a research note on Thursday, August 29th. BNP Paribas upgraded shares of J. M. Smucker to a “strong sell” rating in a research note on Thursday, August 29th. StockNews.com upgraded shares of J. M. Smucker from a “sell” rating to a “hold” rating in a research note on Monday, September 30th. Finally, DA Davidson reaffirmed a “neutral” rating and issued a $121.00 price objective on shares of J. M. Smucker in a report on Thursday, August 29th. One analyst has rated the stock with a sell rating, eight have given a hold rating and four have assigned a buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $127.55.

J. M. Smucker Company Profile

The J. M. Smucker Company manufactures and markets branded food and beverage products worldwide. It operates in three segments: U.S. Retail Pet Foods, U.S. Retail Coffee, and U.S. Retail Consumer Foods. The company offers mainstream roast, ground, single serve, and premium coffee; peanut butter and specialty spreads; fruit spreads, toppings, and syrups; jelly products; nut mix products; shortening and oils; frozen sandwiches and snacks; pet food and pet snacks; and foodservice hot beverage, foodservice portion control, and flour products, as well as dog and cat food, frozen handheld products, juices and beverages, and baking mixes and ingredients.