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SJMThe J.M. Smucker CompanySell5.4·$118.32+2.26%
SellModerate Confidence
Investment thesis

J.M. Smucker Company trades at an attractive forward price-to-earnings ratio of 10.8x with a PEG of 0.06, but a quality score below the minimum threshold, heavy customer and supplier concentration, a confirmed death cross, and the stock already trading above its price target leave the current setup unattractive for new entry.

Thesis pillars

  • Attractive Value Multiple Below Threshold QualityStable
  • Heavy Customer And Supplier ConcentrationImproving
  • Death Cross Recovery PatternImproving
  • +1 more pillar — see the Why tab for full reasoning

Full reasoning →

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The J.M. Smucker Company (SJM) Stock Analysis

Breakout setup

SellValueGrowthModerate Confidence

Consumer Defensive · Packaged Foods

Sell if holding. Engine safety override at $118.32: a dimension score below its floor triggers a hard block regardless of the otherwise-positive setup — overall score 5.4/10. Specifically: Below-average business quality.

The J.M. Smucker Company manufactures and markets branded food and beverage products — including Folgers coffee, Jif peanut butter, Smucker's fruit spreads, Hostess sweet baked goods and Meow Mix and Milk-Bone pet foods — sold primarily through retail outlets in North America,... Read more

$118.32-5.7% A.UpsideScore 5.4/10#22 of 33 Packaged Foods
QualityF-score6 / 9FCF yield7.95%
IncomeYield3.87%(5y avg 3.38%)Payout86.06%at-risk
Stop $112.04Target $116.05(resistance)A.R:R -0.6:1
Analyst target$123.94+4.7%16 analysts
$116.05our TP
$118.32price
$123.94mean
$102
$135

Sell if holding. Engine safety override at $118.32: a dimension score below its floor triggers a hard block regardless of the otherwise-positive setup — overall score 5.4/10. Specifically: Below-average business quality. Chart setup: Golden cross, above all MAs, RSI 63, MACD bullish. Score 5.4/10, moderate confidence.

Passes 7/8 gates (positive momentum, clean insider activity, no SEC red flags, news events none recent, earnings proximity 33d clear, semi cycle peak clear, materials cycle peak clear). Fails on favorable risk/reward ratio. Suitability: moderate.

10-K grounded · weekly refresh

About The J.M. Smucker Company

About The J.M. Smucker Company

Walmart Inc. and its subsidiaries accounted for 33% of J.M. Smucker's consolidated net sales in fiscal 2025, and the top 10 customers together represented approximately 60%, within a portfolio where four reportable segments — U.S. Retail Coffee, Frozen Handheld and Spreads, Pet Foods, and Sweet Baked Snacks — generated 86% of consolidated net sales. Sales outside the United States, mostly in Canada, made up just 4% of the total, and the company employed over 8,000 full-time workers worldwide.

Smucker's U.S. retail segments sell primarily through direct sales and brokers to food retailers, club stores, discount and dollar stores, and mass merchandisers, while Sweet Baked Snacks and International and Away From Home products reach supermarkets, convenience stores and foodservice operators domestically and abroad. Green coffee is sourced solely from foreign countries and is subject to high price volatility, while peanuts, flour, sugar and fruit are sourced mainly from North America; the company uses futures, basis, options and fixed-price contracts to manage a significant portion of commodity costs. Smucker's licenses the Dunkin' trademark for packaged coffee products through January 1, 2039, paying royalties to DD IP Holder LLC, and has actively reshaped its portfolio through the November 2023 acquisition of Hostess Brands alongside divestitures of its Sweet Baked Snacks value brands, the Voortman business, the Canada condiment business and several pet food brands. Competitors include The Kraft Heinz Company and Nestlé S.A. across multiple product categories.

Show full overview

Smucker's 10-K discloses ongoing consumer litigation tied to a May 2022 voluntary recall of select Jif peanut butter products, with no loss contingency recorded because the outcome and financial impact cannot yet be predicted or reasonably estimated. Separately, the company depends on named single-source suppliers for key inputs: Keurig for K-Cup pods, JDE Peet's N.V. for liquid coffee sold in its Away From Home business, and Graham Packaging Company for Folgers coffee packaging, with substantially all coffee, Milk-Bone dog snacks and fruit spreads production consolidated into single manufacturing sites — a combination that leaves limited room to absorb a supply or production disruption without a material adverse effect.

See also: Consumer Defensive · Packaged Foods

From The J.M. Smucker Company's most recent 10-K filing, extracted July 19, 2026.

news + 30-day 8-K events · 5-min refresh

Recent developments

updated 2026-07-26

Recent Developments — The J.M. Smucker Company

Generated 2026-07-26T07:07:12Z.

TrendMatrix Research · upcoming catalyst calendar

Upcoming dated catalysts

Thu, Aug 27, 202633d to earnings· next earnings call

Thesis

Rewards
No bull case signals
Risks
Concentration risk — Customer: top 10 customers (60.0%)
Concentration risk — Supplier: Keurig
Target reached (-5.7% upside)

Key Metrics

P/E (TTM)
P/E (Fwd)11.1
Mkt Cap$12.6B
EV/EBITDA10.2
Profit Mgn-1.5%
ROE-2.4%
Rev Growth5.8%
Beta0.25
Dividend3.87%
Rating analysts24

Quality Signals

Piotroski F6/9

Options Flow

P/C0.63bullish
IV39%normal

Concentration Risks(10-K Item 1A)

  • MEDIUMCustomerWalmart33%
    10-K Item 1: 'Sales to Walmart Inc. and subsidiaries amounted to 33 percent of net sales in both 2025 and 2024 and 34 percent of net sales in 2023.'
  • HIGHCustomertop 10 customers60%
    10-K Item 1: 'During 2025, our top 10 customers, collectively, accounted for approximately 60 percent of consolidated net sales.'
  • LOWGeographicoutside the U.S.4.0%
    10-K Item 1: 'Net sales outside the U.S., subject to foreign currency translation, represented 4 percent of consolidated net sales for 2025.'
  • HIGHSupplierKeurig
    10-K Item 1A: 'Keurig is our single-source supplier for K-Cup® pods, which are used in its proprietary Keurig® K-Cup® brewing system.'

Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.

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About TrendMatrix. TrendMatrix is a publisher of general securities research and market commentary. We publish on a regular schedule. All content is the same for every subscriber in a tier — we do not provide personalized investment advice and we do not take into account any individual subscriber's financial situation, investment objectives, risk tolerance, tax situation, or holdings.

Not investment advice. TrendMatrix is not a registered investment adviser. Our content is for informational and educational purposes only. Consult your own licensed investment adviser, broker, or tax professional before making any investment decision.

Conflicts and positions. The TrendMatrix editorial team frequently holds personal long-term positions in securities discussed. We disclose positions held at the time of publication on each piece. We maintain a trading-window policy: we do not initiate or close positions in the same direction as a TrendMatrix publication within 24 hours before or 72 hours after publication.

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Performance. Past performance is not indicative of future results. Performance figures reflect the published model only and do not reflect any individual subscriber's actual results.

Methodology · Editorial policy & full disclaimer

Rating Breakdown

4 floor-breakers

Ranks in the bottom of its industry peers on the composite signal. Better names in the same sector exist.static

Quality Rank
1.6
Value Rank
2.5
Growth Rank
5.0

Unprofitable operations — net margin -1.5%. Quality floor flags this regardless of sector context.static

Roe
0.0
Net Margin
0.0
Gross Margin
2.9
Current Ratio
3.1
Roa
3.4
Moat
3.6
Piotroski F
6.7
Operating Margin
7.4
No competitive moat

Technicals below the gate floor. Component breakdown shows what dragged the score down.static

Support Resistance
0.1
Bollinger
0.6
52w Position
10.0

Growth below the gate floor. Component breakdown shows what dragged the score down.static

Revenue Growth
3.9
Low model confidence on this dimension (33%).
GatesA.R:R -0.6=NEGATIVEMomentum 7.1>=5.5Insider activity: OKNo SEC red flagsNEWS EVENTS NONE RECENTEARNINGS PROXIMITY 33d clearSEMI CYCLE PEAK CLEARMATERIALS CYCLE PEAK CLEARBreakoutSuitability: Moderate
RSI
63 · Neutral
20D MA 50D MA 200D MAGOLDEN CROSSSupport $107.45Resistance $118.42

Price Targets

$112
$116
A.Upside-5.7%
A.R:R-0.6:1

Position Sizing

ConvictionNone
Suggested %0.5%
Max %1%
RegimeSteady

Risk Alerts

! Target reached (-5.7% upside)
! Quality below floor (3.4 < 4.0)
! Negative risk/reward — downside exceeds upside

Earnings

B
B
M
M
2/4 beats
Next Earnings2026-08-27 (33d)

Verdict History

reverse chrono — latest first
Loading history...
Verdicts are recorded on every nightly pipeline run. Rows capture transitions (verdict flips, score deltas ≥0.3, entry/TP/SL changes). Rows with a ▶ can be expanded to see the change reason. Aggregate cohort performance is tracked in the recommendation ledger.
Frequently Asked Questions
Is SJM stock a buy right now?

Sell if holding. Engine safety override at $118.32: a dimension score below its floor triggers a hard block regardless of the otherwise-positive setup — overall score 5.4/10. Specifically: Below-average business quality. Chart setup: Golden cross, above all MAs, RSI 63, MACD bullish. Prior stop was $112.04. Score 5.4/10, moderate confidence.

What is the SJM stock price target?

Take-profit target: $116.05 (-5.7% upside). Prior stop was $112.04. Stop-loss: $112.04.

What are the risks of investing in SJM?

Concentration risk — Customer: top 10 customers (60.0%); Concentration risk — Supplier: Keurig; Target reached (-5.7% upside).

Is SJM overvalued or undervalued?

The J.M. Smucker Company trades at a P/E of N/A (forward 11.1). TrendMatrix value score: 7.7/10. Verdict: Sell.

What do analysts say about SJM?

24 analysts cover SJM with a consensus score of 3.8/5. Average price target: $124.

What does The J.M. Smucker Company do?The J.M. Smucker Company manufactures and markets branded food and beverage products — including Folgers coffee, Jif...

The J.M. Smucker Company manufactures and markets branded food and beverage products — including Folgers coffee, Jif peanut butter, Smucker's fruit spreads, Hostess sweet baked goods and Meow Mix and Milk-Bone pet foods — sold primarily through retail outlets in North America, with non-U.S. sales representing just 4% of consolidated net sales in fiscal 2025. Four reportable segments accounted for 86% of consolidated net sales in 2025, and Walmart Inc. and subsidiaries alone represented 33% of net sales, with the top 10 customers together contributing approximately 60%.

Related stocks: CENT (Central Garden & Pet Company) · CENTA (Central Garden & Pet Company) · DAR (Darling Ingredients Inc.) · POST (Post Holdings, Inc.) · FLO (Flowers Foods, Inc.)
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