Scotts Miracle-Gro Has 'Attractive' Setup for Fiscal Q3 From Favorable Weather, Point-of-Sale Trends, UBS Says

MT Newswires Live

Jul 22

Scotts Miracle-Gro (SMG) has an "attractive" setup for fiscal Q3, driven by favorable weather and strong point-of-sale trends, UBS Securities said in a Monday note.

The company is set to release its fiscal Q3 results on July 29, and its solid top-line and margin expansion indicate near-term visibility and fiscal 2026 targets within reach, the investment firm said. Scotts Miracle-Gro could maintain its full-year outlook of $4.15 to $4.35 in non-GAAP earnings per share, UBS added.

For fiscal 2027, UBS said Scotts Miracle-Gro could face potential commodity inflation and revisions to its long-term targets under a new chief executive.

UBS has a neutral rating on Scotts Miracle-Gro, with a $70 price target.

Price: 69.07, Change: -0.23, Percent Change: -0.33

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Scotts Miracle-Gro could maintain its full-year outlook of $4.15 to $4.35 in non-GAAP earnings per share, UBS added.</p><p>For fiscal 2027, UBS said Scotts Miracle-Gro could face potential commodity inflation and revisions to its long-term targets under a new chief executive.</p><p>UBS has a neutral rating on Scotts Miracle-Gro, with a $70 price target.</p><p>Price: 69.07, Change: -0.23, Percent Change: -0.33</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK7095","symbol_name":"多种金属与采矿","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2653011192","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2653011192","pubTimestamp":1784650465,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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