Added to YB: 2021-09-27
Pitch date: 2021-09-27
SMG [bullish]
The Scotts Miracle-Gro Company
-52.81%
current return
Author Info
No bio for this author
Company Info
The Scotts Miracle-Gro Company, together with its subsidiaries, engages in the manufacture, marketing, and sale of products for lawn, garden care, and indoor and hydroponic gardening in the United States and internationally.
Market Cap
$3.5B
Pitch Price
$121.91
Price Target
N/A
Dividend
4.44%
EV/EBITDA
9.03
P/E
22.71
EV/Sales
1.70
Sector
Chemicals
Category
value
Scotts Miracle-Gro
SMG: Scotts Miracle-Gro combines two leading consumer-oriented businesses, favorable demographics and a potentially durable pandemic-era expansion in gardening: the company estimates 75% of the roughly 20 million U.S. households that entered or resumed the category will remain. Shares trade below 20x forward earnings and at a roughly 13% discount to consumer staples, while normalized earnings could grow at a low-double-digit annual rate; near-term consumer sales are expected to decline slightly.
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