(SMG) Scotts Miracle-Gro - Ratings and Ratios

The Scotts Miracle-Gro Company is a leading global player in the lawn, garden, and indoor gardening industries, operating through three primary segments: U.S. Consumer, Hawthorne, and Other. The company offers a diverse portfolio of products, including lawn fertilizers, grass seed, and gardening supplies, as well as hydroponic systems and indoor gardening solutions. With a presence in both the consumer and professional gardening markets, Scotts Miracle-Gro serves a wide range of customers, from home centers and mass merchandisers to independent hardware stores, nurseries, and e-commerce platforms.

Scotts Miracle-Gros product lineup is extensive, featuring well-known brands such as Scotts, Miracle-Gro, and Ortho, among others. The companys products cater to various gardening needs, including lawn care, gardening, and pest control. Additionally, its hydroponic and indoor gardening offerings, such as those under the General Hydroponics and AeroGarden brands, provide customers with innovative solutions for growing plants indoors. With a long history dating back to 1868, Scotts Miracle-Gro has established itself as a trusted name in the industry, with a strong distribution network and a significant online presence.

Analyzing the and , we can observe that Scotts Miracle-Gros stock has shown a relatively stable trend, with its SMA20 and SMA50 indicating a potential uptrend. However, the high P/E ratio of 104.96 suggests that the stock may be overvalued. Considering the , the stocks Last Price is 64.04, which is above its SMA20 and SMA50 but below its SMA200. The ATR indicates a moderate level of volatility. Using these indicators, we can forecast that the stock may experience a short-term correction, potentially dipping to around 60 before resuming its upward trend. Nevertheless, the companys strong brand presence, diverse product portfolio, and growing demand for indoor gardening solutions may drive long-term growth, potentially pushing the stock price towards 80.

Based on the analysis, a potential trading strategy could involve buying Scotts Miracle-Gros stock on dips to around 60, with a target price of 70-80 in the medium term. However, investors should closely monitor the companys future earnings reports and industry trends to adjust their strategies accordingly. Additionally, the negative RoE of -11.05 may indicate underlying issues with the companys profitability, which should be carefully considered when making investment decisions.