Scotts Miracle-Gro Co (SMG) Stock AnalysisSMGScotts Miracle-Gro Co

The Scotts Miracle-Gro Company is engaged in the manufacturing, marketing, and sale of products for lawn and garden care and indoor and hydroponic gardening. The Company’s products are primarily sold in North America. 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, 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 Other segment consists of its consumer lawn and garden business in Canada. Its products include Turf Builder Halts Crabgrass Preventer with Lawn Food, Turf Builder Weed & Feed5, Turf Builder SummerGuard Lawn Food with Insect Control, Turf Builder Southern Lawn Food, Turf Builder EdgeGuard Mini Broadcast Spreader, Turf Builder Bonus S Southern Weed & Feed₂ Turf Builder Lawn Food and others. It operates in the Basic Materials sector (AGRICULTURAL CHEMICALS industry).

Scotts Miracle-Gro Co appears to be a good buy right now due to its recent positive momentum, with a current price of $54.57 and a significant 5-day change of +9.45%. The RSI is at 78.246, indicating strong momentum, although it is approaching overbought territory. The forward P/E ratio is 12.8866, which is reasonable compared to its growth prospects, especially with the recent acquisition of the Black Kow brand expected to enhance sales growth. However, the main risk is the company's historical volatility, with a 63% decline over the past five years, which highlights challenges in adapting to market changes.

9 analysts cover SMG: 4 rate it Buy, 5 Hold and 0 Sell. The average price target is 64.09.