JPMorgan Chase & Co. Forecasts Strong Price Appreciation for J. M. Smucker (NYSE:SJM) Stock

J. M. Smucker (NYSE:SJM) had its price target boosted by equities researchers at JPMorgan Chase & Co. from $120.00 to $125.00 in a research note issued to investors on Wednesday,Benzinga reports. The firm currently has an “overweight” rating on the stock. JPMorgan Chase & Co.‘s price objective would indicate a potential upside of 7.96% from the stock’s current price.

Several other equities research analysts have also weighed in on the stock. UBS Group cut their target price on shares of J. M. Smucker from $132.00 to $121.00 and set a “buy” rating on the stock in a report on Tuesday, June 2nd. Royal Bank Of Canada restated an “outperform” rating and issued a $135.00 price objective (up from $130.00) on shares of J. M. Smucker in a research report on Wednesday. BNP Paribas Exane set a $125.00 target price on J. M. Smucker in a report on Thursday, April 9th. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and issued a $95.00 target price on shares of J. M. Smucker in a research note on Wednesday, May 20th. Finally, Stifel Nicolaus dropped their price target on J. M. Smucker from $120.00 to $100.00 and set a “hold” rating on the stock in a research report on Tuesday, April 21st. Eleven investment analysts have rated the stock with a Buy rating, nine have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, J. M. Smucker presently has a consensus rating of “Hold” and an average price target of $118.47.

J. M. Smucker Trading Up 3.0%

Shares of J. M. Smucker stock traded up $3.40 during trading on Wednesday, hitting $115.79. 343,123 shares of the company were exchanged, compared to its average volume of 1,994,204. The firm has a market capitalization of $12.35 billion, a P/E ratio of -9.82, a price-to-earnings-growth ratio of 6.89 and a beta of 0.27. J. M. Smucker has a 1-year low of $88.25 and a 1-year high of $119.39. The firm’s fifty day moving average price is $98.37 and its 200 day moving average price is $101.73. The company has a debt-to-equity ratio of 1.31, a current ratio of 0.84 and a quick ratio of 0.35.

J. M. Smucker (NYSE:SJM) last announced its quarterly earnings results on Tuesday, June 9th. The company reported $2.77 earnings per share for the quarter, beating analysts’ consensus estimates of $2.64 by $0.13. J. M. Smucker had a negative net margin of 14.07% and a positive return on equity of 15.94%. The business had revenue of $2.27 billion for the quarter, compared to the consensus estimate of $2.26 billion. During the same period last year, the company posted $2.31 EPS. J. M. Smucker’s revenue for the quarter was up 5.8% on a year-over-year basis. J. M. Smucker has set its FY 2027 guidance at 9.750-10.250 EPS. As a group, sell-side analysts expect that J. M. Smucker will post 9.03 earnings per share for the current fiscal year.

Hedge Funds Weigh In On J. M. Smucker

A number of large investors have recently added to or reduced their stakes in SJM. Garton & Associates Financial Advisors LLC bought a new stake in shares of J. M. Smucker in the fourth quarter valued at about $25,000. CYBER HORNET ETFs LLC bought a new position in shares of J. M. Smucker during the second quarter worth about $27,000. MCF Advisors LLC raised its position in J. M. Smucker by 68.1% in the 4th quarter. MCF Advisors LLC now owns 311 shares of the company’s stock valued at $30,000 after buying an additional 126 shares during the last quarter. MUFG Securities EMEA plc bought a new stake in J. M. Smucker in the 2nd quarter valued at approximately $31,000. Finally, Fideuram Asset Management Ireland dac bought a new stake in J. M. Smucker in the 4th quarter valued at approximately $32,000. Institutional investors own 81.66% of the company’s stock.

J. M. Smucker News Summary

Here are the key news stories impacting J. M. Smucker this week:

• Positive Sentiment: Smucker delivered stronger-than-expected Q4 earnings and revenue, with EPS of $2.77 topping estimates and sales coming in slightly ahead of forecasts, helping fuel the stock’s rally. The J.M. Smucker Co. Announces Fiscal Year 2026 Fourth Quarter Results and Provides Full-Year Fiscal 2027 Outlook
• Positive Sentiment: Management said higher pricing and lower costs boosted profits and free cash flow, which investors viewed as a sign the turnaround is gaining traction. Why J.M. Smucker Stock Jumped Today
• Positive Sentiment: Unusually heavy call-option buying suggested traders were positioning for more near-term upside in the shares. Stock Traders Buy Large Volume of Call Options on J. M. Smucker (NYSE:SJM)
• Neutral Sentiment: Analysts revised forecasts after the earnings release, but the updates appear mixed overall as the company’s stronger profits are balanced by a softer sales outlook. These Analysts Boost Their Forecasts On JM Smucker Following Q4 Earnings
• Neutral Sentiment: Jim Cramer expressed skepticism about the durability of the recent rally, noting that Smucker has surged before after earnings only to give back gains later. Jim Cramer Is Skeptical of Recent Rally in The J.M. Smucker Company Stock
• Negative Sentiment: The company’s fiscal 2027 outlook calls for net sales to decline 3% to 4%, which tempers enthusiasm despite the earnings beat. SJM Q4 Earnings Call Flags Coffee Relief, Sales Pressure

J. M. Smucker Company Profile

The J. M. Smucker Company is a diversified food and beverage manufacturer and marketer known for a portfolio of well-established consumer brands. The company’s main business activities include the production and distribution of fruit spreads, peanut butter, coffee and coffee filters, as well as pet food and pet snacks. Smucker’s core product lines serve both retail and foodservice customers through grocery chains, mass merchandisers, club stores, convenience outlets and e-commerce channels.

Among its leading brands are Smucker’s® fruit spreads, Jif® peanut butter, Folgers® and Dunkin’® coffees, and Café Bustelo® coffee.