The Scotts Miracle-Gro Company (SMG): Hedge Funds Are Bullish On This Vertical Farming And Hydroponic Stock [Yahoo! Finance]
Scotts Miracle-Gro Company (The) (SMG)
Last scotts miracle-gro company (the) earnings: 1/29 07:00 am
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Source: Yahoo! Finance
The agriculture sector has always been crucial to both the global economy and everyday life. However, to meet rising food demands, harmful farming practices have been widely adopted, contributing to climate change, deforestation, and soil degradation. As a result, sustainable and eco-friendly farming innovations have become essential. Vertical and hydroponic farming are two such innovations, offering environmentally friendly and efficient methods for producing crops in a way that reduces the strain on the planet. Sector Performance The broader market had a strong performance in 2024, largely driven by technology stocks in the first half, resulting in a roughly 18.0% year-to-date (YTD) increase. However, future performance remains uncertain due to ongoing market volatility. In 2022, inflationary pressures in the U.S. reached a peak, fueled by rising input costs for energy, transportation, and labor. Since then, inflation has gradually decreased, providing relief for businesses a
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SMG
News
- The Scotts Miracle-Gro Company (NYSE: SMG) had its price target lowered by analysts at Truist Financial Co. from $90.00 to $70.00. They now have a "hold" rating on the stock.MarketBeat
- Estimating The Intrinsic Value Of The Scotts Miracle-Gro Company (NYSE:SMG) [Yahoo! Finance]Yahoo! Finance
- The Scotts Miracle-Gro Company (NYSE: SMG) had its price target lowered by analysts at JPMorgan Chase & Co. from $85.00 to $80.00. They now have an "overweight" rating on the stock.MarketBeat
- The Scotts Miracle-Gro Company (NYSE: SMG) had its price target lowered by analysts at UBS Group AG from $90.00 to $77.00. They now have a "neutral" rating on the stock.MarketBeat
- The Scotts Miracle-Gro Company (NYSE: SMG) had its price target lowered by analysts at Wells Fargo & Company from $95.00 to $85.00. They now have an "overweight" rating on the stock.MarketBeat
SMG
Earnings
- 11/6/24 - Miss
SMG
Sec Filings
- 11/6/24 - Form 4
- 11/6/24 - Form 4
- 11/6/24 - Form 4
- SMG's page on the SEC website