SMG Scotts Miracle-Gro

With approximately $4.1 billion in sales, the Company is one of the world's largest marketers of branded consumer products for lawn and garden care. The Company's brands are among the most recognized in the industry. The Company's Scotts®, Miracle-Gro® and Ortho® brands are market-leading in their categories. The Company's wholly-owned subsidiary, The Hawthorne Gardening Company, is a leading provider of nutrients, lighting and other materials used in the indoor and hydroponic growing segment.
Company profile
Ticker
SMG
Exchange
Website
CEO
James Hagedorn
Employees
Incorporated
Location
Fiscal year end
Sector
Industry (SIC)
Former names
SCOTTS COMPANY
SEC CIK
Corporate docs
IRS number
311414921
SMG stock data
()
News
10 Biggest Price Target Changes For Friday
9 Apr 21
Raymond James Maintains Strong Buy on Scotts Miracle Gro, Raises Price Target to $300
9 Apr 21
5 Stocks To Watch For April 9, 2021
9 Apr 21
ScottsMiracle-Gro Shares Up 1.4% As Co.'s Virtual Investor, Analyst Day Currently Ongoing
8 Apr 21
Stocks That Hit 52-Week Highs On Monday
5 Apr 21
Press releases
ScottsMiracle-Gro Provides Update to Full-Year Financial Guidance; Outlines Strategic Priorities During Investor Day Event
8 Apr 21
LAST CALL: Register for ScottsMiracle-Gro's Virtual Investor & Analyst Day on April 8
5 Apr 21
Reminder: Register for ScottsMiracle-Gro's Virtual Investor & Analyst Day on April 8
29 Mar 21
The Scotts Miracle-Gro Company celebrates connecting 5 million children to gardening and outdoor play through its GroMoreGood initiative
17 Mar 21
The Scotts Miracle-Gro Company Announces Pricing of $500 Million Aggregate Principal Amount of Senior Notes due 2031
11 Mar 21
Investment data
Securities sold
Number of investors
Calendar
10 Feb 21
11 Apr 21
30 Sep 21
Financial summary
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Financial data from company earnings reports.
Cash burn rate (estimated) | Burn method: Change in cash | Burn method: Operating income/loss | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 21.5M | 21.5M | 21.5M | 21.5M | 21.5M | 21.5M |
Cash burn (monthly) | (positive/no burn) | 491.67K | (positive/no burn) | (positive/no burn) | 140.23M | (positive/no burn) |
Cash used (since last report) | n/a | 1.63M | n/a | n/a | 464.1M | n/a |
Cash remaining | n/a | 19.87M | n/a | n/a | -442.6M | n/a |
Runway (months of cash) | n/a | 40.4 | n/a | n/a | -3.2 | n/a |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
6 Apr 21 | Stump Denise | Common Shares | Option exercise | Aquire M | No | No | 0 | 383.357 | 0 | 8,451.54 |
6 Apr 21 | Stump Denise | Phantom Stock Common Shares | Option exercise | Dispose M | No | No | 0 | 383.357 | 0 | 10,620.26 |
1 Apr 21 | Finn Brian D | Common Shares | Grant | Aquire A | No | No | 250 | 100 | 25K | 10,438 |
1 Apr 21 | Johnson Stephen L | Common Shares | Grant | Aquire A | No | No | 250 | 25 | 6.25K | 20,656 |
26 Mar 21 | Hagedorn James | Phantom Stock Common Shares | Grant | Aquire A | No | No | 241.31 | 867.945 | 209.44K | 142,107.606 |
26 Mar 21 | Stump Denise | Phantom Stock Common Shares | Grant | Aquire A | No | No | 241.31 | 464.944 | 112.2K | 11,003.617 |
25 Mar 21 | Hagedorn James | Common Shares | Other | Aquire J | No | No | 193.71 | 10.325 | 2K | 73,704.012 |
25 Mar 21 | Stump Denise | Common Shares | Other | Aquire J | No | No | 0 | 2.581 | 0 | 8,068.183 |
Institutional ownership Q4 2020
Data for the last complete 13F reporting period. To see the most recent changes to ownership, click the ownership history button above.
64.3% owned by funds/institutions
13F holders |
Current |
---|---|
Total holders | 483 |
Opened positions | 79 |
Closed positions | 58 |
Increased positions | 161 |
Reduced positions | 159 |
13F shares |
Current |
---|---|
Total value | 7.14B |
Total shares | 35.83M |
Total puts | 309.2K |
Total calls | 233.6K |
Total put/call ratio | 1.3 |
Largest owners |
Shares | Value |
---|---|---|
Vanguard | 4.75M | $946.48M |
Kayne Anderson Rudnick Investment Management | 3.71M | $738.21M |
BLK Blackrock | 3.66M | $729.32M |
Earnest Partners | 1.4M | $278.8M |
Massachusetts Financial Services | 1.22M | $242.84M |
STT State Street | 1.02M | $203.02M |
WDR Waddell & Reed Financial | 969.64K | $193.09M |
FHI Federated Hermes | 839.44K | $167.17M |
WFC Wells Fargo & Co. | 830.77K | $165.44M |
Fisher Asset Management | 828.32K | $164.95M |
Financial report summary
?Competition
QSAM BiosciencesManagement Discussion
- The sum of the components may not equal due to rounding.
- Net sales for the three months ended January 2, 2021 were $748.6, an increase of 104.6% from net sales of $365.8 for the three months ended December 28, 2019. These changes in net sales were attributable to the following:
- •increased sales volume due to increased consumer demand including impacts of the COVID-19 pandemic and driven by soils, fertilizer, grass seed, controls and plant food products in our U.S. Consumer segment; lighting, nutrients, growing media, hardware and growing environments products in our Hawthorne segment; increased sales in our Other segment; and the impact of five additional days in the first quarter of fiscal 2021 as compared to the first quarter of fiscal 2020 which represents approximately $43.0 of net sales;
Content analysis
?
Positive | ||
Negative | ||
Uncertain | ||
Constraining | ||
Legalese | ||
Litigous | ||
Readability |
H.S. sophomore Avg
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New words:
AFC, Alabama, anniversary, AOCL, approach, assumed, Australia, Austria, bearing, Belgium, Bonnie, COBRA, Coleman, commonly, conform, Cooperative, Cory, curve, Czech, decline, declined, departed, departure, fall, fewer, France, geography, German, Germany, goodwill, hardware, implied, inclusion, infection, influence, integrated, Kingdom, life, live, lump, Miller, monthly, newly, nonrecurring, observable, outplacement, peak, Poland, potting, President, proportionate, quoted, Randal, reallocated, reallocation, Republic, resume, Revenue, role, seller, soil, surrender, underway, unobservable, Vice, weakening, yield
Removed:
adjustment, advanced, affiliate, AOCI, beneficial, billion, bird, closure, Codification, collateralized, Columbia, commencement, comparative, Corporation, costing, decreased, deferred, determinable, determining, direct, divide, environment, exclude, extend, EZ, fact, freight, hand, handling, historical, Holding, implicit, initially, insignificant, IP, irrigation, labor, largest, lawsuit, lien, litigation, measured, Morning, network, obsolete, obtained, option, optional, ornamental, Outdoor, overhead, payoff, pension, postretirement, practical, preferable, principle, produced, properly, qualify, rating, readily, Realized, recall, reclassification, recognize, reduced, renewal, rent, represented, restatement, retrospective, retrospectively, River, satisfaction, separate, separately, Song, stated, stock, subsequently, supporting, Temecula, transition, translation, transportation, treasury, TruGreen, turf, ULC, unrecognized, urban, ventilation, voluntary, warehouse, water, wild
Financial reports
10-Q
2021 Q1
Quarterly report
10 Feb 21
10-K
2020 FY
Annual report
24 Nov 20
10-Q
2020 Q3
Quarterly report
5 Aug 20
10-Q
2020 Q2
Quarterly report
6 May 20
10-Q
2020 Q1
Quarterly report
5 Feb 20
10-K
2019 FY
Annual report
27 Nov 19
10-Q
2019 Q3
Quarterly report
7 Aug 19
10-Q
2019 Q2
Quarterly report
8 May 19
10-Q
2019 Q1
Quarterly report
6 Feb 19
10-K
2018 FY
Annual report
29 Nov 18
Current reports
8-K
Entry into a Material Definitive Agreement
17 Mar 21
8-K
Results of Operations and Financial Condition
25 Feb 21
8-K
Company reports first-ever profit for fiscal first quarter
3 Feb 21
8-K
Departure of Directors or Certain Officers
28 Jan 21
8-K
ScottsMiracle-Gro Announces Realignment of Finance, Supply Chain and Corporate Affairs Teams; Departure of Randy Coleman as Chief Financial Officer
11 Jan 21
8-K
ScottsMiracle-Gro Announces Record Fourth Quarter and Full Year Results Driven by Strong Product Demand in Both Major Reporting Segments
4 Nov 20
8-K
Entry into a Material Definitive Agreement
25 Aug 20
8-K
Increased Fiscal 2020 Guidance and Approval of Special Dividend
29 Jul 20
8-K
ScottsMiracle-Gro Announces Second Quarter Results Driven
6 May 20
8-K
Raymond James 41st Annual Institutional Investors Conference MARCH 2020 1
2 Mar 20
Registration and prospectus
424B3
Prospectus supplement
10 Jan 20
S-4
Registration of securities issued in business combination transactions
20 Dec 19
S-3ASR
Automatic shelf registration
17 Dec 18
D
$25M in equity, sold $25M, 1 investor
15 Jun 18
S-8
Registration of securities for employees
1 Feb 18
424B3
Prospectus supplement
20 Apr 17
S-4/A
Registration of securities issued in business combination transactions (amended)
5 Apr 17
S-4
Registration of securities issued in business combination transactions
27 Feb 17
S-8
Registration of securities for employees
26 Jan 17
424B3
Prospectus supplement
9 Jan 17
Proxies
DEF 14A
Definitive proxy
16 Dec 20
DEF 14A
Definitive proxy
18 Dec 19
DEF 14A
Definitive proxy
14 Dec 18
DEF 14A
Definitive proxy
13 Dec 17
DEF 14A
Definitive proxy
13 Dec 16
DEF 14A
Definitive proxy
15 Dec 15
DEF 14A
Definitive proxy
18 Dec 14
DEF 14A
Definitive proxy
17 Dec 13
DEF 14A
Definitive proxy
6 Dec 12
DEF 14A
Definitive proxy
8 Dec 11
Other
SD
Conflict minerals disclosure
29 May 20
EFFECT
Notice of effectiveness
13 Jan 20
CORRESP
Correspondence with SEC
6 Jan 20
UPLOAD
Letter from SEC
22 Dec 19
CORRESP
Correspondence with SEC
19 Dec 19
SD
Conflict minerals disclosure
29 May 19
SD
Conflict minerals disclosure
31 May 18
UPLOAD
Letter from SEC
4 Apr 18
SD
Conflict minerals disclosure
30 May 17
EFFECT
Notice of effectiveness
20 Apr 17
Ownership
4
SCOTTS MIRACLE-GRO / DENISE STUMP ownership change
7 Apr 21
4
SCOTTS MIRACLE-GRO / Stephen L Johnson ownership change
5 Apr 21
4
SCOTTS MIRACLE-GRO / BRIAN D FINN ownership change
5 Apr 21
4
SCOTTS MIRACLE-GRO / Cory J Miller ownership change
30 Mar 21
4
SCOTTS MIRACLE-GRO / Christopher Hagedorn ownership change
30 Mar 21
4/A
SCOTTS MIRACLE-GRO / Christopher Hagedorn ownership change
30 Mar 21
4/A
SCOTTS MIRACLE-GRO / Christopher Hagedorn ownership change
30 Mar 21
4/A
SCOTTS MIRACLE-GRO / Cory J Miller ownership change
30 Mar 21
4
SCOTTS MIRACLE-GRO / Ivan C Smith ownership change
30 Mar 21
4
SCOTTS MIRACLE-GRO / JAMES HAGEDORN ownership change
29 Mar 21
Patents
GRANT
Utility
Compounds and methods for repelling blood-feeding arthropods and deterring their landing and feeding
23 Nov 20
This invention relates to a group of compounds for repelling blood-feeding ectoparasitic arthropods, and a method of deterring their landing and feeding on animals including humans, by applying in one or more formulations compounds that incorporate one or more sulfide and one or more hydroxyl groups to the skin, clothing or environment of animals, including humans.
APP
Utility
an Insect Trap
20 May 20
An insect trap may include a first housing; a reservoir at least partially defined by the first housing; a protrusion disposed within the reservoir and extending inward from an interior surface of the first housing, the protrusion configured to pierce a package disposed within the reservoir; an actuator connected to the protrusion such that when the actuator is moved, the protrusion moves with the actuator within the reservoir; a second housing moveably engaging the first housing; a trap chamber partially formed by the first and second housings; an inlet into the trap chamber; and wherein the second housing is movable between a first position where the inlet is open and a second position where the inlet is closed.
Transcripts
2021 Q1
Earnings call transcript
3 Feb 21
2020 Q3
Earnings call transcript
4 Nov 20
2020 Q3
Earnings call transcript
30 Jul 20
2020 Q2
Earnings call transcript
6 May 20
2020 Q1
Earnings call transcript
29 Jan 20
2019 Q4
Earnings call transcript
6 Nov 19
2019 Q3
Earnings call transcript
31 Jul 19
2019 Q2
Earnings call transcript
1 May 19
2019 Q1
Earnings call transcript
30 Jan 19
2018 Q4
Earnings call transcript
7 Nov 18
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