William Blair analyst Jon Andersen has maintained their bullish stance on SMG stock, giving a Buy rating on April 28.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Jon Andersen’s rating is based on the company’s performance in the second quarter of 2025, where Scotts Miracle-Gro Company reported an EBITDA of $403 million, slightly surpassing the firm’s estimate of $400 million. Although the sales figures were lower than expected, the gross margin exceeded projections, indicating strong cost management and operational efficiency.
Additionally, the company’s management has reaffirmed its guidance for the U.S. consumer lawn and garden business, which suggests confidence in future performance. These factors combined have led Jon Andersen to maintain a positive outlook on the company’s stock, resulting in a Buy rating.
In another report released on April 28, Stifel Nicolaus also maintained a Buy rating on the stock with a $70.00 price target.
Based on the recent corporate insider activity of 96 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of SMG in relation to earlier this year.