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SJMThe J.M. Smucker CompanySell5.0·$116.28+1.24%
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 ConcentrationStable
  • Death Cross Recovery PatternStable
  • +1 more pillar — see the Why tab for full reasoning

Full reasoning →

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

SellVALUE-TRAP 1/5Moderate Confidence

Consumer Defensive · Packaged Foods

Sell if holding. Engine safety override at $116.28: a dimension score below its floor triggers a hard block regardless of the otherwise-positive setup — overall score 5.0/10. Specifically: Below-average business quality.

The J.M. Smucker Company manufactures and markets branded food and beverage products -- coffee, peanut butter, fruit spreads, frozen sandwiches, pet food, and sweet baked snacks -- sold mainly through U.S. retail outlets under brands including Folgers, Jif, Smucker's, Meow Mix,... Read more

$116.28-0.8% A.UpsideScore 5.0/10#23 of 32 Packaged Foods
QualityF-score6 / 9FCF yield8.09%
IncomeYield3.78%(5y avg 3.38%)Payout86.06%at-risk
Stop $110.50Target $115.39(resistance)A.R:R -0.4:1
Analyst target$122.31+5.2%16 analysts
$115.39our TP
$116.28price
$122.31mean
$98
$135

Sell if holding. Engine safety override at $116.28: a dimension score below its floor triggers a hard block regardless of the otherwise-positive setup — overall score 5.0/10. Specifically: Below-average business quality. Chart setup: No clear chart pattern; technical signals are mixed. Score 5.0/10, moderate confidence.

Passes 7/8 gates (positive momentum, clean insider activity, no SEC red flags, news events none recent, earnings proximity 55d 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 accounted for 33% of The J.M. Smucker Company's consolidated net sales in fiscal 2025, and the top 10 customers combined for approximately 60%, concentrated mostly within the company's U.S. Retail Coffee, Frozen Handheld and Spreads, and Pet Foods segments. Smucker's sells branded food and beverage products -- including Folgers, Jif, Smucker's, Meow Mix, Milk-Bone, and licensed Dunkin' and Hostess products -- with the majority of sales in the United States and employed over 8,000 people worldwide as of fiscal 2025.

Smucker's sells its branded products through a combination of direct sales and brokers to food retailers, club stores, dollar stores, online retailers, and distributors, competing against both branded rivals -- including The Kraft Heinz Company, Nestle, Mars, and General Mills -- and growing private-label competition, which held a 15.2% dollar market share across the company's categories in the year ended April 2025, up from 13.7% a year earlier. Coffee, peanuts, flour, sugar, oils, and fruit are the company's principal raw material inputs; green coffee and certain other raw materials are sourced solely from foreign countries and subject to weather- and geopolitical-driven price volatility, while peanuts, flour, sugar, oils, and fruit are sourced mainly from North America. To manage supply risk on select inputs, Smucker's relies on single-source suppliers for K-Cup pods (Keurig), liquid coffee for its Away From Home business (JDE Peet's), and Folgers coffee packaging (Graham Packaging).

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A distinct exposure beyond routine commodity costs is single-source concentration on both the supply and production sides: Smucker's names Keurig as the sole supplier of K-Cup pods, JDE Peet's as the sole supplier of liquid coffee for its foodservice business, and Graham Packaging as the sole supplier of Folgers packaging, while substantially all of its coffee production is consolidated in New Orleans, Louisiana -- a market subject to hurricane risk. Because the company states alternative sources for these inputs could be obtained only on commercially reasonable terms rather than immediately, a disruption at any single supplier or at the New Orleans facility could constrain Folgers or K-Cup product availability well before an alternate source could be qualified.

See also: Consumer Defensive · Packaged Foods

From The J.M. Smucker Company's most recent 10-K filing, extracted July 5, 2026.

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

Recent developments

updated 2026-07-06

Recent Developments — The J.M. Smucker Company

Generated 2026-07-06T06:00:35Z.

TrendMatrix Research · upcoming catalyst calendar

Upcoming dated catalysts

Thu, Aug 27, 202655d 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 (-5.3% upside)

Key Metrics

P/E (TTM)
P/E (Fwd)10.9
Mkt Cap$12.4B
EV/EBITDA10.1
Profit Mgn-1.5%
ROE-2.4%
Rev Growth5.8%
Beta0.25
Dividend3.78%
Rating analysts25

Quality Signals

Piotroski F6/9

Options Flow

P/C0.81neutral
IV48%normal

Concentration Risks(10-K Item 1A)

  • HIGHCustomertop 10 customers60%
    10-K Item 1A: 'During 2025, our top 10 customers, collectively, accounted for approximately 60 percent of consolidated net sales.'
  • MEDIUMCustomerWalmart33%
    10-K Item 1: 'Sales to Walmart Inc. and subsidiaries amounted to 33 percent of net sales in both 2025 and 2024'
  • 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.'
  • HIGHSupplierJDE Peet's
    10-K Item 1A: 'JDE Peet’s N.V. (“JDE Peet’s”) is our single-source supplier for liquid coffee for our Away From Home business'
  • HIGHSupplierGraham Packaging
    10-K Item 1A: 'Graham Packaging Company, L.P. (“Graham Packaging”) is our single-source supplier for the packaging of our Folgers coffee products.'
  • HIGHCommoditygreen coffee
    10-K Item 1: 'Green coffee, along with certain other raw materials, is sourced solely from foreign countries'
  • MEDIUMGeographicUnited States
    10-K Item 1: 'the majority of our sales are in the United States'

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

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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

3 floor-breakers

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

Quality Rank
1.3
Value Rank
2.8
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

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 -0.4=NEGATIVEMomentum 5.9>=5.5Insider activity: OKNo SEC red flagsNEWS EVENTS NONE RECENTEARNINGS PROXIMITY 55d clearSEMI CYCLE PEAK CLEARMATERIALS CYCLE PEAK CLEARSuitability: Moderate
RSI
49 · Neutral
20D MA 50D MA 200D MAGOLDEN CROSSSupport $100.23Resistance $117.74

Price Targets

$111
$115
A.Upside-0.8%
A.R:R-0.4:1

Position Sizing

ConvictionNone
Suggested %0.5%
Max %1%
RegimeSteady

Risk Alerts

! Target reached (-5.3% 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 (55d)

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 $116.28: a dimension score below its floor triggers a hard block regardless of the otherwise-positive setup — overall score 5.0/10. Specifically: Below-average business quality. Chart setup: No clear chart pattern; technical signals are mixed. Prior stop was $110.50. Score 5.0/10, moderate confidence.

What is the SJM stock price target?

Take-profit target: $115.39 (-0.8% upside). Prior stop was $110.50. Stop-loss: $110.50.

What are the risks of investing in SJM?

Concentration risk — Customer: top 10 customers (60.0%); Concentration risk — Supplier: Keurig; Target reached (-5.3% upside).

Is SJM overvalued or undervalued?

The J.M. Smucker Company trades at a P/E of N/A (forward 10.9). TrendMatrix value score: 7.7/10. Verdict: Sell.

What do analysts say about SJM?

25 analysts cover SJM with a consensus score of 3.8/5. Average price target: $122.

What does The J.M. Smucker Company do?The J.M. Smucker Company manufactures and markets branded food and beverage products -- coffee, peanut butter, fruit...

The J.M. Smucker Company manufactures and markets branded food and beverage products -- coffee, peanut butter, fruit spreads, frozen sandwiches, pet food, and sweet baked snacks -- sold mainly through U.S. retail outlets under brands including Folgers, Jif, Smucker's, Meow Mix, Milk-Bone, and licensed Dunkin' and Hostess products. Walmart accounted for 33% of fiscal 2025 net sales and the top 10 customers combined for approximately 60%.

Related stocks: SENEA (Seneca Foods Corp.) · DAR (Darling Ingredients Inc.) · HLF (Herbalife Ltd.) · POST (Post Holdings, Inc.) · CENT (Central Garden & Pet Company)
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