Scotts Miracle-gro Stock Fair Value – Scotts Miracle-Gro Receives Average ‘Moderate Buy’ Recommendation from Brokerages

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Scotts ($NYSE:SMG) Miracle-Gro Company, a leader in the lawn and garden care industry, has recently received an average recommendation of “Moderate Buy” from brokerages. This recommendation has been made based on the Company’s performance and outlook in the current market. The Company is a major player in the lawn and garden care industry, producing and distributing soil, fertilizers, grass seed, potting mixes, mulches, and other related products. It also produces and distributes a wide variety of pest and weed control products. The Company has a strong presence in both the professional and consumer markets. Scotts Miracle-Gro has a long history of providing products for both professionals and consumers. Its products are sold worldwide and through a variety of retail outlets, including home improvement stores, garden centers, and hardware stores. Scotts Miracle-Gro also provides a wide range of services such as technical advice, training, and educational programs.

The Moderate Buy recommendation by brokerages takes into account the strong position that Scotts Miracle-Gro has in the market. Despite current market conditions, the Company has continued to grow its market share and is well positioned to capitalize on future growth opportunities. The Moderate Buy rating is reflective of the confidence that brokerages have in the Company’s ability to deliver long-term growth. Overall, the Moderate Buy recommendation from brokerages is a sign of confidence in the Scotts Miracle-Gro Company and its products. The Company is well positioned to continue to capitalize on future growth opportunities and deliver long-term success.

Price History

Scotts Miracle-Gro has received an average ‘Moderate Buy’ recommendation from brokerages, with the stock opening at $57.7 and closing at $56.9 on Thursday. This marked a decrease of 2.0% from its last closing price of 58.0. The recommendation signals that the stock is expected to perform moderately well in the future and may be a good choice for investors looking at the company for the first time. Live Quote…

About the Company

Income Snapshot

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Cash Flow Snapshot

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Balance Sheet Snapshot

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Key Ratios Snapshot

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Analysis – Scotts Miracle-gro Stock Fair Value

GoodWhale has conducted an extensive analysis of SCOTTS MIRACLE-GRO‘s wellbeing. After evaluating different factors, our proprietary Valuation Line indicated that the intrinsic value of SCOTTS MIRACLE-GRO share is around $90.0. This opportunity makes SCOTTS MIRACLE-GRO a great investment option for anyone looking for value stocks with positive potential returns. More…

Peers

The Scotts Miracle Gro Co. is a leading manufacturer and marketer of consumer products for do-it-yourself lawn and garden care. The company’s products are sold under the brand names Scotts, Miracle-Gro and Ortho. Nutrien Ltd., Potash America Inc., and CF Industries Holdings Inc. are all major competitors in the lawn and garden care industry.

– Nutrien Ltd ($TSX:NTR)

Nutrien Ltd. is a Canadian retail and wholesale fertilizer company with operations in North and South America, Australia, and Asia. The company is the largest provider of crop inputs and services in the world. Nutrien Ltd. has a market cap of 58.31B as of 2022, a Return on Equity of 23.76%. The company’s retail operations include more than 1,700 retail locations across North America, South America, and Australia. The company’s wholesale operations include a network of distribution facilities in North America, South America, Asia, and Australia. Nutrien Ltd. also has a joint venture with Sinochem Group, one of the largest chemical companies in China.

– Potash America Inc ($OTCPK:PTAM)

Potash America Inc is a fertilizer company that produces and sells potash, a key ingredient in many fertilizers. The company has a market cap of 297.25k as of 2022 and a return on equity of 144.09%. Potash America Inc is a publicly traded company on the OTC markets.

– CF Industries Holdings Inc ($NYSE:CF)

CF Industries Holdings, Inc., through its subsidiaries, engages in the manufacture and distribution of nitrogen fertilizers, and other nitrogen products in North America. It operates through Ammonia, Granular Urea, UAN, AN, Other, and Phosphates segments. The company offers ammonia, granular urea, urea ammonium nitrate, and nitric acid products. It also produces phosphate-based fertilizers, including diammonium phosphate, monoammonium phosphate, and nitrogen phosphates. The company sells its products directly to retailers, farmers, and cooperatives, as well as through dealers and distributors. CF Industries Holdings, Inc. was incorporated in 1946 and is headquartered in Deerfield, Illinois.

Summary

Scotts Miracle-Gro Company is an American multinational corporation based in Marysville, Ohio. It produces and sells consumer lawn and garden maintenance products such as potting soil, grass seed, fertilizer, insect control, and outdoor cushions. Recent investing analysis of the company has shown a moderate buy recommendation from many brokerages. Analysts estimate that the company may benefit from increased consumer spending in the gardening industry as people look for ways to pass their time in lockdown.

Scotts Miracle-Gro’s stock is expected to remain stable and generate a positive return. The company also has a strong balance sheet and has seen a boost in sales due to their e-commerce platform. Although there are certain risks associated with investing in Scotts Miracle-Gro, analysts are optimistic about the long-term prospects of the company.