Shares of Mid-cap industrials company Miracle-Gro moved -0.3 this evening, and are now trading at $52.51 per share. On the other hand, the average analyst target price for the stock is $62.29.
The Scotts Miracle-Gro Company is involved in the manufacture, marketing, and sale of products for lawn, garden care, and indoor and hydroponic gardening in the United States and internationally.
Potential Miracle-Gro Investors Should Analyze the Following:
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Miracle-Gro has moved 6.0% over the last year.
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The company has a price to earnings growth (PEG) ratio of 7.19. A number between 0 and 1 could mean that the market is undervaluing Miracle-Gro's estimated growth potential
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Miracle-Gro currently returns an annual dividend yield of 5.0%.
Understanding Miracle-Gro's Operating Margins
| Date Reported | Total Revenue ($ k) | Operating Expenses ($ k) | Operating Margins (%) | YoY Growth (%) |
|---|---|---|---|---|
| 2023 | 3,143,800 | 433,200 | 2 | 118.18 |
| 2022 | 3,924,100 | 613,000 | -11 | -173.33 |
| 2021 | 4,925,000 | 743,500 | 15 | 7.14 |
| 2020 | 4,131,600 | 757,800 | 14 | -22.22 |
| 2019 | 3,156,000 | 601,300 | 18 | 157.14 |
| 2018 | 2,663,400 | 540,100 | 7 |
Over the last 6 years, Miracle-Gro's operating margins have averaged 7.5%, which is similar to the 7.62% Agricultural Inputs industry average. We also note that the company's operating margins have a high coefficient of variability at 1735.1%. The firm's margins are declining at a -19.6% compounded yearly rate.
