The J. M. Smucker Company, valued at $10.8 billion, manufactures popular food and beverage products like peanut butter, fruit spreads, and coffee. Despite a recent dip in stock price, it holds a strong position in the industry with iconic brands such as Folgers and Dunkin’.

Although SJM stock has seen fluctuations, it underperformed compared to the Dow Jones Industrials Average. The company’s shares have risen 6.2% in six months but fell 10.4% in the past year. SJM has been trading below its moving averages, indicating a bearish trend in the market.

After reporting Q2 results, SJM shares dropped by 3.7%, with adjusted EPS of $2.10, slightly missing Wall Street expectations. Revenue of $2.33 billion surpassed forecasts. SJM expects full-year adjusted EPS between $8.75 and $9.25, showing confidence in future performance.

Compared to The Campbell’s Company, SJM’s stock has fared better, with a smaller decline over the past six months and year. Wall Street analysts are optimistic about SJM’s potential, giving it a “Moderate Buy” rating and a mean price target of $118.19, suggesting a 16.2% upside from current levels.

Read more at Yahoo Finance: Is J. M. Smucker Stock Underperforming the Dow?