SMG
The Scotts Miracle-Gro Co
Consumer, Industrial/Transportation
08/22/2016
Presented
| Date | 08/17/2016 |
| Price | $81.84 |
| Market Cap | $5.07B |
| Ent Value | $5.76B |
| P/E Ratio | 29.03x |
| Book Value | $13.37 |
| Div Yield | 0.02% |
| Shares O/S | 61.90M |
| Ave Daily Vol | 413,758 |
| Short Int | 2.85% |
Current
| Price | $89.01 |
| Market Cap | $5.06B |
| Scotts Miracle-Gro Co. is a marketer of branded consumer lawn and garden products. Its products are marketed under the brand names in the industry, including, in North America, Scotts and Turf Builder lawn and grass seed products, including the Miracle-Gro, Scotts, Liquafeed and Osmocote1 gardening and landscape products; Ortho, Roundup2 and Home Defense branded insect control, weed control and rodenticide products; and Scotts and Morning Song wild bird food products. In the United Kingdom, key brands include Miracle-Gro plant fertilizers; Weedol and Pathclear herbicides; EverGreen lawn fertilizers; and Levington gardening and landscape products. Other significant brands in Europe include KB and Fertiligène in France; Celaflor, Nexa Lotte and Substral in Germany and Austria; and ASEF, KB and Substral in Belgium, the Netherlands and Luxembourg. It also operates the Scotts LawnService business, which provides residential and commercial lawn care, tree and shrub care and limited pest control services in the United States. The company operates its business through two segments: Global Consumer and Scotts LawnService. The Global Consumer segment consists of the U.S. Consumer and International Consumer business groups. The business groups comprising this segment manufacture, market and sell dry, granular slow-release lawn fertilizers, combination lawn fertilizer and control products, grass seed, spreaders, water-soluble, liquid and continuous release garden and indoor plant foods, plant care products, potting, garden and lawn soils, mulches and other growing media products, wild bird food, pesticide and rodenticide products. The Scotts LawnService segment provides residential and commercial lawn fertilization, disease and insect control and other related services such as core aeration, tree and shrub fertilization and limited pest control services through company-owned branches and independent franchisees in the United States. Scotts Miracle-Gro was founded by Orlando McLean Scott in 1868 and is headquartered in Marysville, OH. |
Publicly traded companies mentioned herein: Scotts Miracle-Gro Co (SMG)
Highlights
The presenter is long shares of Scotts Miracle-Gro (SMG), citing stable market share, resilience to economic downturns, and large potential benefit from its growing hydroponics business. He believes the stable nature of the core business means there’s limited downside, and the potential upside from hydroponics roll-ups makes SMG a good way to play the marijuana legalization story.
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