Lumida
/SMG
⌘K
Scotts Miracle-Gro Co

Scotts Miracle-Gro Co

SMG
$70.98USD↓-3.39%-2.49 today

MARKET CAP

4.1B

P/E (TTM)

39.0x

FWD P/E

—

DAY RANGE

$71 – $75

52W RANGE

$52
$75

AI Summary

Stalk
StalkMedium

SMG remains in a Stage 2 advancing regime with a sustained sequence of higher highs and higher lows alongside rising EMAs, confirming a robust medium-term uptrend. However, the recent breakout leg exhibited a blow-off top and extreme overbought Options Score/RSI, and price is now extended well above its 9/21/50 EMAs and pulling back into those levels. Tactically, entries should be deferred (Stalk) until pullbacks into the rising EMA zone and recent breakout area are absorbed and price shows acceptance.

  • ↑Q2 net sales reached $1.75B; management forecasts low single-digit U.S. growth
  • ↑E-commerce sales surged 54%, capturing younger DIY gardeners
  • ↓P/E at 38x versus 23.9x five-year median indicates overvaluation
Full analysis →

The case for & against

Bull & Bear analysis

Bearish

The Scotts Miracle-Gro Company (NYSE: SMG) is a prominent provider of branded consumer lawn and garden products, holding a strong position in the market with offerings that include fertilizers, soils, and pest control solutions. As the leading brand in its industry, Scotts is uniquely positioned to benefit from the growing popularity of home gardening, driven by consumer trends toward DIY projects. The company is focused on innovation, particularly in organic products, alongside expanding its e-commerce capabilities to enhance consumer engagement and capitalize on shifting market dynamics.

Bull says

  • ↑Q2 net sales reached $1.75B; management forecasts low single-digit U.S. growth
  • ↑E-commerce sales surged 54%, capturing younger DIY gardeners
  • ↑Launched $500M share buyback to boost shareholder value
  • ↑Gross margins expected near 32% on branded mix and cost cuts
  • ↑Strong market leadership amid rising home-gardening trend
  • ↑High earnings yield and solid profitability support valuation

Bear says

  • ↓P/E at 38x versus 23.9x five-year median indicates overvaluation
  • ↓Leverage risk elevated with high debt in a rising rate environment
  • ↓Growth outlook trimmed by analysts amid weaker revision trends
  • ↓Competition from private labels and big-box shifts could erode share
  • ↓Negative book-to-price and quality scores signal balance-sheet concerns
  • ↓Short interest at 15.7% reflects market skepticism

Investment themes with SMG

High Dividend Yield↑ +0.32%

Companies paying above-average dividends

AVGO · JPM · XOM
Agriculture↑ +0.85%

Farming, crop production, and global food supply

DE · CTVA · ADM

Earnings Call · Q2 2026 · Mgmt. Guidance

Updated 04-30-2026neutral

Transcript signals

Bull points

  • this year, we just introduced a new turf builder lawn food product that's safe for kids and pets, which is now showing up in retail stores right now.
  • we're really enhancing and showcasing the four feedings a year, really getting consumers back into a program that will give them a great lawn solution.
  • We're seeing another sell-through of our halts, our first step in the program, over 20%, which is a great sort of first indicator for us going into the season.

Bear points

  • We haven't taken any additional pricing since establishing with the retailers last month.
  • It would be pretty destructive to change pricing in the middle of the load-in with retailers. So, obviously, try to avoid that at all costs.
  • We haven't taken any additional pricing since establishing with the retailers last month.
Read full transcript analysis ›