Orrville, Ohio-based The J. M. Smucker Company (SJM) manufactures and markets branded food and beverage products. Valued at a market cap of $11.6 billion, the company offers a diverse portfolio that includes coffee, peanut butter, fruit spreads, sweet baked goods, pet snacks, cookies, frozen handheld products, sandwiches and snacks, portion control items, baking mixes, and flour. It is scheduled to announce its fiscal Q1 earnings for 2026 on Wednesday, Aug. 27.
Before this event, analysts project this food and beverage company to report a profit of $1.86 per share, down 23.8% from $2.44 per share in the year-ago quarter. The company has surpassed Wall Street’s bottom-line estimates in each of the last four quarters. Its earnings of $2.31 per share in the previous quarter outpaced the consensus estimates by 2.7%.
For the full year, analysts expect SJM to report EPS of $9.14, down 9.7% from $10.12 per share in fiscal 2025. Nonetheless, its EPS is expected to grow by 8.8% year-over-year to $9.94 in fiscal 2027.
Shares of SJM have declined 7% over the past 52 weeks, lagging behind both the S&P 500 Index's ($SPX) 17.3% uptick and the Consumer Staples Select Sector SPDR Fund’s (XLP) 4.6% gain over the same time frame.
On Jun. 10, shares of SJM crashed 15.6% after its Q4 earnings release. The company’s revenue declined 2.8% year-over-year to $2.1 billion, missing consensus estimates. This top-line shortfall might have lowered investor confidence. Moreover, its gross profit also decreased from the prior-year quarter, driven by higher costs, unfavorable volume/mix, and the noncomparable impact of divestitures. However, on the other hand, while its adjusted EPS of $2.31 fell 13.2% from the year-ago quarter, it exceeded the analyst estimates by 2.7%.
Wall Street analysts are moderately optimistic about SJM’s stock, with an overall "Moderate Buy" rating. Among 17 analysts covering the stock, six recommend "Strong Buy," two indicate "Moderate Buy," and nine advise “Hold.” The mean price target for SJM is $112.12, implying a 3.2% premium from the current levels.
On the date of publication, Neharika Jain did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here.
