The J. M. Smucker Company is valued at $10.8 billion and produces popular food and beverage items such as peanut butter, fruit spreads, and baking mixes. Despite a recent stock decline, SJM maintains a strong position in the packaged foods industry, with iconic brands like Folgers and Milk-Bone driving market leadership.
SJM’s stock has slipped 16.3% from its 52-week high but has risen 6.2% over six months. The company reported Q2 results with an adjusted EPS of $2.10, slightly below Wall Street expectations. With a full-year adjusted EPS outlook of $8.75 to $9.25, SJM remains optimistic about future performance.
Wall Street analysts are bullish on SJM, giving it a consensus “Moderate Buy” rating with a mean price target of $118.19, suggesting a 16.2% potential upside. SJM outperforms rival The Campbell’s Company, with its stock declining 13.8% over six months and 34.2% over 52 weeks.
Read more at Yahoo Finance: Is J. M. Smucker Stock Underperforming the Dow?
