Scotts Miracle Gro Stock Net Income

SMG Stock  USD 77.09  1.29  1.70%   
Scotts Miracle Gro fundamentals help investors to digest information that contributes to Scotts Miracle's financial success or failures. It also enables traders to predict the movement of Scotts Stock. The fundamental analysis module provides a way to measure Scotts Miracle's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Scotts Miracle stock.
Last ReportedProjected for Next Year
Net Loss-34.9 M-33.2 M
Net Loss-437.1 M-415.3 M
Net Loss-342.1 M-325 M
Net Loss(0.61)(0.58)
Net Income Per E B T 1.48  1.55 
The Scotts Miracle's current Net Income Per E B T is estimated to increase to 1.55, while Net Loss is forecasted to increase to (33.2 M).
  
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Scotts Miracle Gro Company Net Income Analysis

Scotts Miracle's Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.

Net Income

 = 

(Rev + Gain)

-

(Exp + Loss)

More About Net Income | All Equity Analysis

Current Scotts Miracle Net Income

    
  (34.9 M)  
Most of Scotts Miracle's fundamental indicators, such as Net Income, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Scotts Miracle Gro is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Scotts Net Income Driver Correlations

Understanding the fundamental principles of building solid financial models for Scotts Miracle is extremely important. It helps to project a fair market value of Scotts Stock properly, considering its historical fundamentals such as Net Income. Since Scotts Miracle's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Scotts Miracle's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Scotts Miracle's interrelated accounts and indicators.
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Competition

Scotts Accumulated Other Comprehensive Income

Accumulated Other Comprehensive Income

(106.6 Million)

At this time, Scotts Miracle's Accumulated Other Comprehensive Income is most likely to decrease significantly in the upcoming years.
Based on the recorded statements, Scotts Miracle Gro reported net income of (34.9 Million). This is 190.0% higher than that of the Chemicals sector and 115.03% lower than that of the Materials industry. The net income for all United States stocks is 106.11% higher than that of the company.

Scotts Net Income Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Scotts Miracle's direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Scotts Miracle could also be used in its relative valuation, which is a method of valuing Scotts Miracle by comparing valuation metrics of similar companies.
Scotts Miracle is currently under evaluation in net income category among its peers.

Scotts Miracle ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Scotts Miracle's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Scotts Miracle's managers, analysts, and investors.
Environmental
Governance
Social

Scotts Miracle Institutional Holders

Institutional Holdings refers to the ownership stake in Scotts Miracle that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Scotts Miracle's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Scotts Miracle's value.
Shares
Millennium Management Llc2024-06-30
815.4 K
Aqr Capital Management Llc2024-06-30
761.1 K
Geode Capital Management, Llc2024-09-30
708.6 K
Envestnet Asset Management Inc2024-09-30
678 K
Bank Of New York Mellon Corp2024-06-30
585.2 K
Charles Schwab Investment Management Inc2024-09-30
551.2 K
Raymond James & Associates2024-09-30
550.8 K
Fuller & Thaler Asset Management Inc2024-09-30
527.9 K
Two Sigma Investments Llc2024-09-30
511 K
Kayne Anderson Rudnick Investment Management Llc2024-06-30
5.2 M
Vanguard Group Inc2024-09-30
4.5 M

Scotts Fundamentals

About Scotts Miracle Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Scotts Miracle Gro's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Scotts Miracle using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Scotts Miracle Gro based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Currently Active Assets on Macroaxis

When determining whether Scotts Miracle Gro is a strong investment it is important to analyze Scotts Miracle's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Scotts Miracle's future performance. For an informed investment choice regarding Scotts Stock, refer to the following important reports:
Check out Scotts Miracle Piotroski F Score and Scotts Miracle Altman Z Score analysis.
You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
Is Fertilizers & Agricultural Chemicals space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Scotts Miracle. If investors know Scotts will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Scotts Miracle listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
1.961
Dividend Share
2.64
Earnings Share
(0.61)
Revenue Per Share
62.548
Quarterly Revenue Growth
0.107
The market value of Scotts Miracle Gro is measured differently than its book value, which is the value of Scotts that is recorded on the company's balance sheet. Investors also form their own opinion of Scotts Miracle's value that differs from its market value or its book value, called intrinsic value, which is Scotts Miracle's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Scotts Miracle's market value can be influenced by many factors that don't directly affect Scotts Miracle's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Scotts Miracle's value and its price as these two are different measures arrived at by different means. Investors typically determine if Scotts Miracle is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Scotts Miracle's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.