J.M. Smucker Company (The): The Winning Streak Continues (SJM)


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J.M. Smucker Company (The) (NYSE:SJM) traded at a new 52-week high today of $144.89. So far today approximately 103,000 shares have been exchanged, as compared to an average 30-day volume of 761,000 shares.

In the past 52 weeks, J.M. Smucker Company (The) share prices are bracketed by a low of $110.53 and a high of $144.89 and is now at $144.00, 30% above that low price.

Potential upside of 10.4% exists for J.M. Smucker Company (The), based on a current level of $144.00 and analysts' average consensus price target of $158.92.

J.M. Smucker is a packaged food company that primarily operates in the U.S. retail channel (88% of fiscal 2021 revenue), but also in U.S. food-service (5%), and international (7%). Its largest category is pet food and treats (36% of 2021 revenue), with popular brands such as Milk-Bone, Meow Mix, 9Lives, Kibbles 'n Bits, Nature's Recipe, and Rachael Ray Nutrish. Its second- largest category is coffee (33%) with the number-two brand Folgers and number-six Dunkin'. Other large categories are peanut butter (10%), with number-one Jif, fruit spreads (5%) with number-one Smucker's, and frozen hand-held foods (5%) with number-one Uncrustables.

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