Scotts Miracle-Gro & GH - General Hydroponics

After Scotts Miracle-Gro (NYSE: SMG) bought a hydroponic company, its stock price rose, and JP Morgan thinks it should be higher, according to an Aug. 4, 2016, article by CNN.

The hydroponic company, General Hydroponics, makes liquids that can be used to grow marijuana indoors.

Jeffrey Zekauskas of JP Morgan said his firm’s target price for Scotts Miracle-Gro has risen from $70 per share to $85.

Source/s:
http://mjinews.com/...-purchase-scotts-miracle-gro-stock-price-rises/



 

http://www.stockwatch.com/News/...0161110&symbol=SMG&region=U




 

ScottsMiracle-Gro Announces Record Fiscal Year Earnings Per Share; Strong 2017 Outlook Driven By Continued Progress Against ‘Project Focus’

   Company-wide sales increase 7 percent in fourth quarter
   Q4 consumer purchases increase 10 percent; full-year purchases up 2%
   Company-wide full year gross margin improves 180 basis points
   GAAP EPS from continuing operations: $4.09; Pro forma adjusted EPS: $3.75
   2017 Guidance: Adjusted EPS of $4.10 to $4.30 on sales growth of 6 to 7%

Source:http://www.otcmarkets.com/stock/SMG/news
 

It's Just The Beginning For Scotts Miracle-Gro Company
Oct. 5.16 | About: The Scotts (SMG)
Austin Bitzas
Austin Bitzas
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Summary

Great company with stockholder friendly policies.

Recent interest in Hydroponic and liquid solutions focused on the cannabis industry.

Management’s positioning for company long-term profit and operating margin growth.

Company Description:

Scott's Miracle Gro Company (NYSE:SMG) is the largest marketer of branded consumer lawn and garden products. The company is headquartered out of Marysville, Ohio, where its founder began selling lawn seed in 1868. As industry leader SMG manufactures, markets, and sells consumer lawn and garden products worldwide. SMG is broken into two segments: Global Consumer division and Scotts Lawn Service segment. The Global Consumer division offers a variety of lawn and garden products for consumer's homes and maintenance of the external areas of a home. Under SMG's Lawn Service segment the company offers residential and commercial lawn care, tree care, shrub care, and pest control services. The company primarily distributes through home improvement centers, mass merchandisers, warehouse clubs, large hardware chains, independent hardware stores, nurseries, garden centers, food and drug stores, and indoor gardening and hydroponic stores through a direct sales force and a network of brokers and distributers.

Company Potential:

Management has positioned the company for long-term profit growth over the next 12-18 months. The company has made some key strategic acquisitions, including a joint venture with TruGreen less than a year ago. The two largest companies in the lawn care market segment have now joined forces to accelerate revenue gains, and customer growth. Further, a little over a year ago SMG acquired General Hydroponics Inc. for $120 million. and Vermicrop for $15 million. This acquisition gave SMG access through the company's Global Consumer division to the growing indoor and urban gardening markets. SMG has also recently completed two more transactions with companies in the hydroponics industry. The first of these companies is Gavita, a Netherlands based company that SMG purchased a 75% stake in to acquire their market share as the leading global provider hydroponic equipment in the country. The second transaction involved SMG's acquisition of Bonicare, an Arizona based company that specializes in plant nutrients and hydroponic systems. SMG's management sees this as a long-term growth strategy in for the Global Consumer division since both of these companies are strong, well-run companies with high margins and excellent market positions. This transaction allows SMG to utilize both General Hydroponics and Vermicrop's standing as leading producers of liquid plant food products, growing median, and fixtures for hydroponic gardening.

Source/s:
http://www.otcmarkets.com/stock/SMG/news
http://seekingalpha.com/article/...ginning-scotts-miracle-gro-company  

 

Gap-close &  Company announces intent for share repurchases of $300 million in fiscal 2022
https://www.stockwatch.com/News/Item/U-z8385394-U!SMG-20211103/U/SMG  

Support/Resistance
      Type     Value     Conf.§
resist. 196.78 2
resist. 193.15 2
resist. 183.30 4   >>
resist. 177.93 2
resist. 175.28 3
resist. 165.83 2
resist. 161.57 5    >>
resist. 158.55 4
resist. 150.80 10   >>  
supp 147.20 4
supp 144.56 4
supp 139.66 3

Open Gaps
 Direction§     Date                 range
up              Dec-07-2021 139.23 to 143.06    (Reminder ! )
down      Nov-30-2021 159.1 to 158.37
down      Jul-08-2021 183.81 to 182.65

Source:https://www.stockta.com/cgi-bin/...mb=SMG&cobrand=&mode=stock

Short Volumen so tief wie seit längerem nicht.... 16.29%
Source:https://nakedshortreport.com/company/SMG

https://www.barchart.com/stocks/quotes/SMG/analyst-ratings
 

Hab sie seit langem auf der Watchlist, bin aber immer noch auf der Seitenlinie geblieben. 

03.08.2023 06:37:00

The Scotts Miracle-Gro Company präsentierte Quartalsergebnisse

 

USD 0,66 pro Aktie, Zahltag ist der 8.9.2023

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SCOTTS MIRACLE-GRO ANNOUNCES DIVIDEND PAYMENT

 August 5, 2023  Emmanuel Ellerbee

 

KGV wird allmählich interessanter, Dividendenrendite ist o,.k., Nettoergebnis und Cashflow sollen ab 2024 wieder spürbar anziehen. Aber den Schuldenberg tragen sie nur langsam ab. Ob's ein Turnaround-Kandidat wird?

Ich bleibe weiter auf der Seitenlinie, sehe hier keinen Anlaß zur Eile - zumal im kommenden Herbst noch Marktrücksetzer erwartet werden.

Grundsätzlich bleibe ich aber interessiert, denn das Geschäft von Scotts Miracle-Gro scheint mir ein defensives zu sein. Rasen und Gärten wollen auch in Rezessionszeiten weiter gepflegt werden und dafür liefert Scotts die benötigen Produkte.  

"The current state of our capital structure is not optimal. We are carrying significant debt load without the earnings we expected from our investments in Hawthorne, the cannabis space and expansion of our operational capacity to capture pandemic level demand. Our mission is clear. We will paydown debt to achieve net leverage of less than 3.5 times as quickly as possible."

Quelle: Earnings Call Transcript, gepostet beim Motley Fool