Scott’s Miracle-Gro Co. (SMG)

[winston]

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This Fortune 1000 Firm Has Bet Big on Pot – and so Should You

BY MICHAEL A. ROBINSON

The Scott’s Miracle-Gro Co. (NYSE: SMG) is going with Option 1: Embrace this fast-growing community of growers and, by doing so, “plant the seeds” for robust new paths to growth.

Scotts is already the world’s largest maker of lawn-care and gardening products, and is now making a big push into indoor plant cultivation, as evidenced by its April 2015 $150 million purchase of General Hydroponics and other pot-related acquisitions.

According to the smart-grid energy analysts at Manifest Mind LLC, the global crop value of hydroponically grown plants is on pace to rise from $17 billion in 2013 to $24 billion by 2018.

Its four leading brands (Scotts, Miracle-Gro, Roundup, and Ortho) have market shares ranging from 53% to 70%.

The firm has boosted its dividend for seven straight years. The current yield sits at 2.25%.

Source: Strategic Tech Investor

http://strategictechinvestor.com/2016/1 ... t-big-pot/

[winston]

not vested

The Scotts Miracle-Gro Company Announces Quarterly Dividend Payment

MARYSVILLE, Ohio, Nov. 10, 2016 (GLOBE NEWSWIRE) -- The Scotts Miracle-Gro Company (SMG), the world’s leading marketer of branded consumer lawn and garden products, announced today that its Board of Directors has approved the payment of a cash dividend of $0.50 per share.

The first quarter dividend is payable on Friday, December 9, 2016 to shareholders of record as of Friday, November 25, 2016.

Source: Globe Newswire

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About ScottsMiracle-Gro

The Scotts Miracle-Gro Company is the world's largest marketer of branded consumer products for lawn and garden care.

The Company's brands are the most recognized in the industry. In the U.S., the Company's Scotts, Miracle-Gro and Ortho brands are market-leading in their categories, as is the consumer Roundup brand, which is marketed near worldwide by Scotts and owned by Monsanto.

In the U.S., we maintain a minority interest in TruGreen, the largest residential lawn care service business, and in Bonnie Plants, the largest marketer of edible gardening plants in retail channels.

In Europe, the Company's brands include Weedol, Pathclear, Evergreen, Levington, Miracle-Gro, KB, Fertiligène and Substral.

For additional information, visit us at www.scotts.com.

[winston]

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Marijuana Legalization Initiatives Boost Scotts Miracle-Gro Stock To All-Time High

by Dan Alexander

Scotts Miracle-Gro shares have jumped 34% in the last six months.

Source: Forbes

http://www.forbes.com/sites/danalexande ... a458b348d4

[winston]

not vested

Nov 9, 2016

A company that could see a boost is Scotts Miracle-Gro Co. (NYSE: SMG), a fertilizer maker that got a lift from analysts at JPMorgan in August when they reiterated an Overweight rating on the stock and hiked their price target from $70 to $85 a share.

Source: 247 Wall St

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Scotts reports 4Q loss

MARYSVILLE, Ohio (AP) _ Scotts Miracle-Gro Co. (SMG) on Thursday reported a loss of $21.6 million in its fiscal fourth quarter.

On a per-share basis, the Marysville, Ohio-based company said it had a loss of 36 cents. Losses, adjusted to account for discontinued operations and asset impairment costs, were 30 cents per share.

The results missed Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for a loss of 26 cents per share.

The lawn and garden products company posted revenue of $402.3 million in the period, exceeding Street forecasts. Five analysts surveyed by Zacks expected $359.8 million.

For the year, the company reported profit of $320.3 million, or $5.17 per share. Revenue was reported as $2.84 billion.

Scotts expects full-year earnings in the range of $4.10 to $4.30 per share.

Scotts shares have increased 38 percent since the beginning of the year. The stock has climbed 34 percent in the last 12 months.

Source: Associated Press

[winston]

not vested

Nov 3, 2016

ScottsMiracle-Gro Announces Record Fiscal Year Earnings Per Share;
Strong 2017 Outlook Driven By Continued Progress Against ‘Project Focus’

Company-wide sales increase 7 percent in fourth quarter
Q4 consumer purchases increase 10 percent; full-year purchases up 2%
Company-wide full year gross margin improves 180 basis points
GAAP EPS from continuing operations: $4.09; Pro forma adjusted EPS: $3.75
2017 Guidance: Adjusted EPS of $4.10 to $4.30 on sales growth of 6 to 7%

Remain on track to achieve our long-term operating margin goal of 18 percent.”

“The only area of disappointment in the quarter was related to operating results from our joint venture with TruGreen,” Hagedorn said. “Lower-than-expected sales caused a higher level of dilution than we had expected, however, the business remains on track to achieve the cost synergies outlined when the JV was announced.”

Europe Consumer declined 10 percent, or 6 percent excluding the impact of foreign exchange rates, to $274.2 million.

Source: Globe Newswire

http://finance.yahoo.com/news/scottsmir ... 00748.html

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This Stock Could Soar in the Next 12 Months

By Michael A. Robinson

Source: Money Morning

http://dailytradealert.com/2016/11/14/t ... 12-months/

[winston]

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Scotts misses Street 2Q forecasts

MARYSVILLE, Ohio (AP) _ Scotts Miracle-Gro Co. (SMG) on Tuesday reported fiscal second-quarter earnings of $165.1 million.

On a per-share basis, the Marysville, Ohio-based company said it had profit of $2.73.

Earnings, adjusted for asset impairment costs and to account for discontinued operations, came to $2.78 per share.

The results did not meet Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $2.93 per share.

The lawn and garden products company posted revenue of $1.2 billion in the period, which also did not meet Street forecasts. Five analysts surveyed by Zacks expected $1.3 billion.

Scotts shares have climbed almost 2 percent since the beginning of the year. The stock has increased 37 percent in the last 12 months.

Source: Associated Press

[winston]

not vested

Apr 26, 2017

Analyzing Scotts Miracle-Gro’s Valuation Multiple

By Adam Jones

Valuation multiple

As of April 24, Scotts Miracle-Gro (SMG) was trading at a forward PE (price-to-earnings) multiple of 22.5x.
In recent months, Scotts Miracle-Gro’s valuation rose.

Much of the company’s growth has been driven by acquisitions, which might explain why its valuations rose.

Source: Market Realist

http://marketrealist.com/2017/04/compar ... yptr=yahoo