How did SMG's Q2 2025 EPS forecast compare to past trends?
4/6/2025 11:27am
Scotts Miracle-Gro's (SMG) Q2 2025 EPS forecast is not currently available. However, we can analyze its past trends to provide insights into what the forecast might indicate.
1. **Recent Performance**: SMG's stock recently experienced a 5.8% increase, reaching $57.96 on April 3, 2025, following a Truist Securities upgrade. This upgrade to "Buy" from "Hold" with an average one-year price target of $77.37, suggesting a potential upside of 33.50%.
2. **Earnings Trends**: SMG's EPS has been volatile, with a significant decline in 2023, followed by an improvement in 2024. The company's Q1 2024 earnings exceeded expectations, with a reported loss of $0.89 per share compared to a forecasted loss of $1.24 per share. For Q4 2024, SMG's EPS was -$2.31, compared to -$2.77 in the previous year.
|code|Ticker|Name|Date|Diluted EPS YoY|Diluted EPS|market_code|
|---|---|---|---|---|---|---|
|SMG|SMG.N|The Scotts Miracle-Gro|2010 Q1|0|-0.88|169|
|SMG|SMG.N|The Scotts Miracle-Gro|2010 Q2|49.15254237288136|1.76|169|
|SMG|SMG.N|The Scotts Miracle-Gro|2010 Q3|15.624999999999984|2.59|169|
|SMG|SMG.N|The Scotts Miracle-Gro|2011 Q1|-15.909090909090912|-1.02|169|
|SMG|SMG.N|The Scotts Miracle-Gro|2011 Q2|49.43181818181818|2.63|169|
|SMG|SMG.N|The Scotts Miracle-Gro|2011 Q3|-34.74903474903475|1.69|169|
|SMG|SMG.N|The Scotts Miracle-Gro|2012 Q1|-18.62745098039215|-1.21|169|
|SMG|SMG.N|The Scotts Miracle-Gro|2012 Q2|-22.0532319391635|2.05|169|
|SMG|SMG.N|The Scotts Miracle-Gro|2012 Q3|-11.242603550295856|1.5|169|
|SMG|SMG.N|The Scotts Miracle-Gro|2013 Q1|9.090909090909081|-1.1|169|
3. **Revenue Growth**: Despite the fluctuating earnings, SMG has shown revenue growth, with a 10.7% increase in Q4 2024 revenue to $414.7 million, surpassing the Zacks Consensus Estimate. This indicates a positive trend in the company's top line.
4. **Market Sentiment**: Institutional ownership has decreased slightly, with 785 funds reporting positions, a decrease of 15 owner(s) or 1.88%. However, the average portfolio weight of these funds has increased by 26.06%, suggesting a potential positive outlook from core investors.
Given these points, SMG's Q2 2025 EPS forecast is likely to reflect the company's recent positive performance and the optimistic analyst sentiment. However, the absence of specific EPS targets for Q2 2025 makes direct comparison to past trends challenging. The forecast should be considered in the context of SMG's recent volatility and the potential for further growth as indicated by the analyst price targets and institutional sentiment.