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The latest update is out from Scotts Miracle-Gro Company ( (SMG) ).
On August 28, 2025, The Scotts Miracle-Gro Company amended its Master Receivables Purchase Agreement with JPMorgan Chase Bank to extend the purchase termination date to September 1, 2026. This amendment allows the company to sell up to $750 million in customer accounts receivable, which will continue to be serviced by the company for a fee, and the proceeds will be used for general corporate purposes.
The most recent analyst rating on (SMG) stock is a Hold with a $62.00 price target. To see the full list of analyst forecasts on Scotts Miracle-Gro Company stock, see the SMG Stock Forecast page.
Spark’s Take on SMG Stock
According to Spark, TipRanks’ AI Analyst, SMG is a Neutral.
Scotts Miracle-Gro’s overall score is driven by strong earnings call performance and strategic initiatives, offset by financial instability and high valuation concerns. The technical analysis suggests neutral momentum, while the dividend yield offers some investor value.
To see Spark’s full report on SMG stock, click here.
More about Scotts Miracle-Gro Company
The Scotts Miracle-Gro Company operates within the lawn and garden industry, primarily focusing on providing products for lawn care, gardening, and hydroponics. The company is known for its fertilizers, plant foods, and growing media, catering to both consumer and professional markets.
Average Trading Volume: 864,601
Technical Sentiment Signal: Sell
Current Market Cap: $3.53B
For a thorough assessment of SMG stock, go to TipRanks’ Stock Analysis page.