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Why Smucker (SJM) is a Top Value Stock for the Long-Term

Zacks Equity Research
·2 min read

It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors.

While you may have an investing style you rely on, finding great stocks is made easier with the Zacks Style Scores. These are complementary indicators that rate stocks based on value, growth, and/or momentum characteristics.

Why Investors Should Pay Attention to This Value Stock

Finding good stocks at good prices, and discovering which companies are trading under their true value, are what value investors like to focus on. So, the Value Style Score takes into account ratios like P/E, PEG, Price/Sales, and Price/Cash Flow to highlight the most attractive and discounted stocks.

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Smucker (SJM)

Headquartered in Orrville, OH, the J.M. Smucker Company is a leading marketer and manufacturer of consumer food and beverage products and pet food and pet snacks in North America. Although majority of the company’s operations are concentrated in the United States, it also operates on an international basis.

SJM sits at a Zacks Rank #3 (Hold), holds a Value Style Score of B, and has a VGM Score of A. Compared to the Food - Miscellaneous industry's P/E of 17.5X, shares of Smucker are trading at a forward P/E of 11X. SJM also has a PEG Ratio of 1.7, a Price/Cash Flow ratio of 8.7X, and a Price/Sales ratio of 1.5X.

Many value investors pay close attention to a company's earnings as well. For SJM, one analyst revised their earnings estimate upwards in the last 60 days, and the Zacks Consensus Estimate has increased $0.00 to $9.60 per share for 2024. Per share SJM boasts an average earnings surprise of 7.5%.

With strong valuation and earnings metrics, a good Zacks Rank, and top-tier Value and VGM Style Scores, investors should strongly think about adding SJM to their portfolios.

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The J. M. Smucker Company (SJM) : Free Stock Analysis Report

To read this article on Zacks.com click here.

Zacks Investment Research