#5 - JM Smucker (NYSE:SJM)
JM Smucker (SJM)
P/E Ratio: 15.53
Dividend Yield: 3.28%
JM Smucker (NYSE: SJM) is presenting investors with a risk-reward proposition. The company has been active in the acquisition game recently. On the one hand, this has transformed the company from a well-known company known for its jams and jellies.
But with these acquisitions, the company is taking on some risk. Specifically, the stock is not generating the revenue and free cash flow that some investors like to see. That may be a reason SJM stock currently has a P/E ratio that is below the sector average.
However, Smucker reported operating income of $1.08 billion during the past four quarters which was better on a year-over-year basis from the $930 million. This may be a reason that the 12 analysts who have issued opinions on the stock give it a price target that suggests investors can get about 7% growth.
But Smucker is one of the bluest of the blue-chip stocks that you can buy. The company’s current dividend is 3.28%. And the company has increased its dividend in each of the last 18 consecutive years.
About J. M. Smucker
The J. M. Smucker Company manufactures and markets branded food and beverage products worldwide. It operates in three segments: U.S. Retail Pet Foods, U.S. Retail Coffee, and U.S. Retail Consumer Foods. The company offers mainstream roast, ground, single serve, and premium coffee; peanut butter and specialty spreads; fruit spreads, toppings, and syrups; jelly products; nut mix products; shortening and oils; frozen sandwiches and snacks; pet food and pet snacks; and foodservice hot beverage, foodservice portion control, and flour products, as well as dog and cat food, frozen handheld products, juices and beverages, and baking mixes and ingredients.
Read More - Current Price
- $123.50
- Consensus Rating
- Hold
- Ratings Breakdown
- 4 Buy Ratings, 7 Hold Ratings, 1 Sell Ratings.
- Consensus Price Target
- $127.09 (2.9% Upside)
