SMG Should I Buy
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$
0.000
0.000(0.000%)
At close0.000(0.000%)Aft-market
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Based on the data provided, Scotts Miracle-Gro Co (SMG) does not present a strong buy opportunity for a beginner investor with a long-term strategy at this time. While there are some positive technical indicators and a neutral analyst rating, the company's financial performance shows declining revenue and negative net income, which may not align with the user's investment goals. Additionally, there are no strong proprietary trading signals or significant catalysts to justify an immediate buy.
The stock shows bullish moving averages (SMA_5 > SMA_20 > SMA_200), a positive MACD histogram (0.15), and RSI_6 at 67.353, indicating a neutral to slightly bullish trend. Key resistance levels are at 67.784 and 69.335, with support at 62.765 and 61.214. The pre-market price is $67.3, up 0.79%, suggesting some positive momentum.
Additionally, the sale of its Hawthorne Gardening subsidiary could streamline operations.
The company's financial performance shows declining revenue (-3.33% YoY) and negative net income, despite improvements in EPS and gross margin. The sale of Hawthorne Gardening may also indicate challenges in its core business. News surrounding Vireo's acquisition raises concerns about market uncertainty and debt levels.
In Q1 2026, revenue declined by 3.33% YoY to $354.4 million. Net income improved but remained negative at -$125 million, up 79.86% YoY. EPS increased to -2.16, up 78.51% YoY, and gross margin improved to 25.4%, up 5.97% YoY.
UBS analyst Peter Grom raised the price target from $66 to $67 while maintaining a Neutral rating. This indicates limited upside potential in the near term.
