Stock Price & Analysis

Based on the technical and fundamental analysis of SMG's current market position, here's a comprehensive assessment:

Technical Analysis

The stock is showing bearish signals with:

• RSI at 29.70 indicating oversold conditions
• Trading below all major moving averages (5,10,20,60,200-day)
• MACD showing negative momentum (-2.60)
• Price currently at $60.71, significantly below the 200-day SMA of $71.39

Analyst Sentiment

Recent analyst actions show mixed opinions:

• Wells Fargo maintains Buy rating with $80 target (19.56% upside)
• UBS lowered target from $77 to $72 with Hold rating
• Jefferies initiated coverage with Hold rating at $72

Key Concerns

• Insider selling activity with director L.P. Hagedorn recently selling 12,123 shares
• Institutional investors showing net selling pressure (265 reducing vs 172 increasing positions)
• Hawthorne division facing challenges due to volatile cannabis market conditions

Positive Factors

• Dividend yield around 4%
• Management focusing on supply chain optimization and retailer support
• Core lawn and garden business remains stable

Recommendation Given the technical weakness, insider selling pressure, and ongoing challenges with the Hawthorne division, investors should SELL SMG at current levels and wait for better entry points when technical indicators show improvement.

Based on the provided data and technical analysis, here's the price prediction for SMG stock in 2025:

The stock is expected to reach $72-75 by end of 2025, driven by improving operational efficiency and cost optimization initiatives, though facing headwinds from the volatile cannabis business segment. The recent downtrend from $77 to current $60 level indicates significant selling pressure, with key support at $55 based on Fibonacci levels.

The bearish momentum is supported by recent insider selling activity, with director L.P. Hagedorn selling 12,123 shares and institutional investors showing net selling pressure (265 reducing positions vs 172 increasing). Additionally, the company's decision to divest its Hawthorne hydroponic unit due to cannabis market volatility creates near-term uncertainty.

The S1 support level for SMG Stock is $60.43 ,The R1 resistant level for SMG Stock is $67.03.

As of the end of day on 2025-02-26, the price of SMG Stock was $60.7.

The target price for SMG Stock according to analyst rating is 77.40, with the highest price target at 80.00 and the lowest at 72.00. Analysts have a Moderate Buy rating on SMG Stock overall.

The market cap of SMG is $3.5B.

Based on the financial data and market indicators, SMG appears to be undervalued at its current price of $60.71, with deteriorating fundamentals but showing potential value characteristics. The company's EV/EBITDA ratio of 14.15x and P/S ratio of 0.81x are relatively modest compared to historical levels, suggesting potential value opportunity. However, the company's declining revenue (-9.5% YoY) and continued net losses (-$380.1M in FY2023) raise significant concerns about operational performance. Technical indicators show bearish signals with RSI at 29.70 and MACD trending negative, suggesting continued downward pressure in the near term. The stock's current price trading below all major moving averages (5-day: $60.91, 20-day: $66.23, 200-day: $71.39) further confirms the bearish trend.

The Scotts Miracle-Gro Company is a manufacturer and marketer of branded consumer products for lawn and garden care. The Company's segments include United States (U.S.) Consumer, Hawthorne and Other. The U.S. Consumer segment consists of its consumer lawn and garden business in the United States. Its consumer lawn and garden brands include Scotts and Turf Builder lawn fertilizer and Scotts grass seed products; Miracle-Gro soil, plant food and gardening products; Ortho herbicide and pesticide products, and Tomcat rodent control and animal repellent products. The Hawthorne segment manufactures, markets and distributes lighting, nutrients, growing media, growing environments and hardware products for indoor and hydroponic gardening in North America. Its brands include General Hydroponics, Gavita, Botanicare, Agrolux, Gro Pro, Mother Earth, Grower's Edge, HydroLogic Purification System and Cyco. The Other segment primarily consists of its consumer lawn and garden business in Canada.

Based on the current market data and analysis, here's the 2030 price prediction for SMG stock:

The Scotts Miracle-Gro (SMG) stock is projected to reach $85-90 by 2030, representing a modest 42-50% increase from current levels around $60. This conservative estimate factors in the company's ongoing dividend stability at 4% yield and institutional investors' recent bearish sentiment with more sellers than buyers. The growth trajectory is expected to be gradual due to the company's mature market position in lawn and garden products, though potential cannabis market expansion could provide additional upside.

SMG has a total of 2500 employees.