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SMG · NYSE · STOCK

Scotts Miracle-Gro (SMG) Stock Analysis

Basic Materials Updated September 22, 2026
$52.66
52W $51.11 – $75.34
45/100
$2.99B
41.1
1.81
AI Committee Verdict
Watch
45/100
Conviction: Contested · 50% agreement · 6 analysts
+15.6%
-4.5%
3.45:1
Contested

Is SMG Bullish or Bearish?

Mixed. Innellis AI committee rates Scotts Miracle-Gro Company (SMG) Watch with a composite score of 45/100 , based on 6 analysts with 50% agreement. Last updated September 22, 2026.

What Would Change This View

Upgrade to Buy
Requires a committee score of 60.0 — +15.08 from today. Applies on the first day at or above the line; upgrades are never dampened.
Downgrade to Reduce
Requires the score to fall below 40.0 — -4.92 from today. The band boundary is 45.0, but a one-step downgrade must clear a further margin first. A score oscillating around the line should not change the rating every night.

Executive Summary

The committee is genuinely divided. Macro Analyst sees a compelling case. Value Analyst remains cautious — p/e of 40.8 is expensive by classic value standards. This disagreement is itself the signal — the setup is not clean in either direction.

Bull & Bear Case

Bull Case
  • Dividend yield of 4.7% pays you to wait — Value
  • EPS growing 43.6% YoY — Growth
  • 4 consecutive earnings beats -- consistent execution — Growth
  • Weekly trend (downtrend) confirms the daily trend -- multi-timeframe agreement — Technical
Bear Case
  • P/E of 40.8 is expensive by classic value standards — Value
  • Price-to-book of 16.0x prices in significant intangible value — Value
  • ROE of only -109.8% -- cheap may mean cheap for a reason — Value
  • Debt-to-equity of 20.11 adds balance-sheet risk to the value case — Value
  • Revenue declining -1.9% YoY -- this is not a growth story right now — Growth
  • Growth rate is decelerating quarter over quarter -- the trend line matters more than the level — Growth
Both cases are generated from quantitative data signals, not qualitative or forward-looking judgement. They summarise what the numbers say today.
Price History (6M)

AI Investment Committee

Committee Consensus As of September 22, 2026
Overall Committee Score
45/100
Agreement
50%
Analysts
6
Conviction
Contested
Sector Rank
Top 98%
of 99 Basic Materials peers
Value Analyst bearish
29 / 100 · High confidence
Multiples don't clear a genuine value bar here, or cheapness looks justified by weak fundamentals
+ Dividend yield of 4.7% pays you to wait
− P/E of 40.8 is expensive by classic value standards
Growth Analyst neutral
54 / 100 · High confidence
Moderate growth -- present but not remarkable
+ EPS growing 43.6% YoY
− Revenue declining -1.9% YoY -- this is not a growth story right now
Technical Analyst neutral
41 / 100 · High confidence
Mixed or range-bound price action
+ Weekly trend (downtrend) confirms the daily trend -- multi-timeframe agreement
− Price structure making lower highs and lower lows
Risk Analyst bearish
32 / 100 · Moderate confidence
Elevated risk from leverage, volatility, event exposure, or portfolio concentration -- size accordingly
− High leverage (debt-to-equity 20.11) amplifies downside in a stress scenario
Macro Analyst bullish
65 / 100 · Low confidence
Macro backdrop is supportive of risk assets generally, and this name's beta works in its favor
News Analyst neutral
48 / 100 · Moderate confidence
News flow is mixed or quiet -- no strong signal either way right now
− Negative filing: Termination of a material agreement (6d ago)
Portfolio Manager neutral
45 / 100 · High confidence
Portfolio-level factors are mixed -- worth a deliberate sizing decision, not a default-size position
+ Portfolio position concentration is currently healthy
− Sector concentration is already high (HHI 2517.06)
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Investment Thesis Evolution

Committee score moved marginally from 44.9 to 44.9.

Comparing 2026-09-21 to 2026-09-22 (1 day apart).

Technical Analysis

RSI (14)
10.7
Oversold
MACD Histogram
-0.473
Bearish Momentum
Trend Direction
Downtrend
Weekly: Downtrend
Market Structure
Lh Ll
Support
$49.14
Resistance
$59.48
Bollinger %B
-0.01
Below Lower Band
Price vs Moving Averages
EMA 9
$54.66 Below
EMA 21
$57.23 Below
EMA 50
$60.28 Below
EMA 200
$62.13 Below

Fundamental Analysis

Valuation
67
Growth
65
Profitability
24
Financial Health
67
Cash Flow
70
Valuation
P/E Ratio 41.1×
P/B Ratio -14.31×
PEG Ratio 0.91
Dividend Yield 5.13%
52W High $75.34
52W Low $51.11
Quality & Growth
ROE -4061.5%
ROA 529.5%
Gross Margin 3227.0%
Operating Margin 1229.6%
Revenue Growth YoY
Debt / Equity -10.13
AI Fundamental Assessment
P/E ratio of 41.1 (rich relative to a 15-40x range); Price-to-book of -14.3x; PEG ratio of 0.9 (under 1.0 suggests growth is undervalued relative to price); Return on equity of -40.6%; Return on assets of 5.3%; Net margin of 2.2%; Gross margin of 32.3%; Current ratio of 1.21 (tight short-term liquidity); Debt-to-equity of -10.13; Free cash flow per share is positive (5.62); Most recent quarter beat estimates by 12.1%; 4 consecutive earnings beats; EPS growth decelerating (+688.3% -> -37.7% QoQ); Analyst estimates rising over recent quarters
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