J.M. Smucker Co (SJM) Stock AnalysisSJMJ.M. Smucker Co

The J. M. Smucker Company is engaged in the manufacturing and marketing of branded food and beverage products on a worldwide basis. The Company's branded food and beverage products include a portfolio of brands that are sold to consumers primarily through retail outlets in North America. The Company operates through four segments: U.S. Retail Coffee, U.S. Retail Frozen Handheld and Spreads, and U.S. Retail Pet Foods, and Sweet Baked Snacks. The U.S. Retail Coffee segment primarily includes the domestic sales of Folgers, Dunkin', and Cafe Bustelo branded coffee. The U.S. Retail Frozen Handheld and Spreads segment primarily includes the domestic sales of Uncrustables, Jif, and Smucker’s branded products. The U.S. Retail Pet Foods segment primarily includes the domestic sales of Meow Mix, Milk-Bone, Pup-Peroni, and Canine Carry Outs branded products. The Sweet Baked Snacks segment primarily includes all domestic and foreign sales of Hostess branded products across all channels. It operates in the Consumer Non-Cyclicals sector (CANNED, FRUITS, VEG, PRESERVES, JAMS & JELLIES industry).

J.M. Smucker Co (SJM) is a good buy right now due to its current price of $119.83, which is below the average analyst price target of $139, suggesting a potential upside of approximately 16%. Additionally, the company has shown a strong recovery with a forward P/E ratio of 11.99 and a gross margin of 41.53% in the latest quarter, indicating solid profitability. The main risk is the recent insider selling, where an executive sold shares for tax obligations, which could raise concerns among investors about the company's future performance.

18 analysts cover SJM: 5 rate it Buy, 10 Hold and 3 Sell. The average price target is 116.10.