SJM
J M Smucker Co Consumer Staples Canned, Fruits, Veg, Preserves, Jams & Jellies S&P 500Russell 3000
$129.90Close
$13.9BMarket cap
$87.73 – $133.3952-week range
Nov 24, 2026Next report
Highlights
Strengths
- In a stage-2 uptrend all 8 trend conditions pass
- Leading the market RS 80 · stronger than 80% of stocks over 12 months
- Near its high 3% below its 52-week high
- Tight base near its pivot pullbacks 12% → 8% → 7%; 3.1% below its $134.00 pivot
Cautions
- Financial distress Altman Z″ in the distress zone
Price
Filing Results Screen pick 52-week high and low Adjusted prices
Key figures
Off 12-month high
3%
1wk
down 0.1%
price change
1mo
up 9.2%
price change
12-month return
up 32%
market up 11% ·
its own up 23%
F-score
4 / 9
Weak
Altman Z
1.36
Elevated risk
P/E
—
price / earnings
PEG
—
P/E / EPS growth
P/B
2.5×
price / book
Earnings yield
up 1.8%
EBIT / enterprise value
Cheaper than
60%
of the market · cheap
Revenue growth
up 4%
year on year
EPS growth
—
latest quarter
Sales growth
up 5%
latest quarter · -1 pts
ROE
down 2%
return on equity
Free cash margin
up 13%
$1.2B FCF
D/E
1.15
long-term debt / equity
Net debt / EBITDA
17.6×
Interest cover
—EBIT / interest
Piotroski tests
- not yet profitable on its assets
- took on more long-term debt
- short-term liquidity weakened
- issued more shares
- gross margin narrowed
- generating cash from operations
- profitability improving
- profits backed by cash
- assets working harder
Repair signals
- Long-term debt down 9% ($7.0B → $6.4B)
Trade setup
ATR%
2.4%
$3.13 a day · 2×ATR $123.64
RS
80 / 99
vs the universe
Trend
8 / 8
trend template
Relative volume
1.3×
vs 50-day average
Up/down volume
1.32
50 sessions
Implied move
9.0%
by Dec 18, 2026 · report Nov 24, 2026
Contractions
3
12% → 8% → 7%
Pivot
$134.00
3.1% below
Volume dry-up
0.8×
10 vs 50 sessions
Trend template · 8 of 8
Screen verdict
Did not qualify for any screen.
Warning signs
- Bankruptcy model reads distressed The Altman score sits inside the range historically associated with financial distress. It is used here only to exclude, never to rank, and it is a statistical band rather than a prediction about this company.
- Heavily indebted Net debt is 17.6 times EBITDA — roughly 18 years of earnings before interest, tax and depreciation to repay borrowings in full.
- Gross margin narrowing Gross margin fell from 38.8% to 33.5%. The company is keeping less of each dollar of sales than it did a year ago.
Last reported
Aug 26, 2026
Results reaction
Aug 26, 2026+4% vs market2 sessions after results
Options
$82,62229.8% IV · activity
Financials
- Gross 34%
- Net -2%
- Free cash 13%
- Cash
- Long-term debt
| FY2021Apr 30, 2021 | FY2022Apr 30, 2022 | FY2023Apr 30, 2023 | FY2024Apr 30, 2024 | FY2025Apr 30, 2025 | FY2026Apr 30, 2026 | |
|---|---|---|---|---|---|---|
| Revenue | $8.0B | $8.0B | $8.5B | $8.2B | $8.7B | $9.1B |
| Gross margin | 39% | 34% | 33% | 38% | 39% | 34% |
| Operating income | $1.4B | $1.0B | $157.5M | $1.3B | -$673.9M | $360.2M |
| Net income | $876.3M | $631.7M | -$91.3M | $744.0M | -$1.2B | -$138.7M |
| Net margin | 11% | 8% | -1% | 9% | -14% | -2% |
| Earnings per share | $7.82 | $5.83 | — | — | — | — |
| Free cash flow | $1.3B | $718.8M | $717.0M | $642.9M | $816.6M | $1.2B |
| Free cash margin | 16% | 9% | 8% | 8% | 9% | 13% |
| Cash | $334.3M | $169.9M | $655.8M | $62.0M | $69.9M | $58.6M |
| Long-term debt | $3.5B | $4.3B | $4.3B | $6.8B | $7.0B | $6.4B |
| Shareholders' equity | $8.1B | $8.1B | $7.3B | $7.7B | $6.1B | $5.5B |
| Shares outstanding | 108.34m | 106.46m | 104.40m | 106.19m | 106.43m | 106.70m |
Next report
Nov 24, 2026
Expected move The move, either way, the option market prices in through the next scheduled report: the at-the-money straddle for the first expiry that contains it, over the price. It includes the days around the report, so it slightly overstates the report alone. Methodology
±9.0%
$118 – $142 by Dec 18, 2026
Usual move The median, over the company's last four reports, of how far the stock moved either way from the close before the filing to the close of the session after it. Methodology
±6.9%
last 4: +5.1% · +15.0% · +8.8% · -1.0%
Expected against usual The move the options price through this report over the move the last four reports delivered. Above 1 the event is priced bigger than the company's own record; below 1, smaller. A price, not a forecast: it says what protection through the report costs, not which way the stock will go. Methodology
Bigger than usual
1.3× the usual move
What options price now
- Expected 1-month range The at-the-money straddle for the expiry nearest a month out, as a share of the price: the move, either way, the option market is pricing by then. The range is the price plus and minus that move; the stock ends inside it a little more often than not. Methodology
- $123 – $137 ±5.3% by Nov 20, 2026
- Swings expected vs recent The daily swings the options are priced for (implied volatility) against the swings the stock actually had over the last 20 sessions (realised volatility). Bigger means options charge for more movement than the stock has been delivering; smaller, less. On a contract row, that contract's own implied volatility over the stock's realised. Methodology
- About the same 29.8% priced · 28.9% recent
- Next month vs later At-the-money implied volatility for 8-45 day expiries over 46-90 day ones: whether options price the coming month as choppier or calmer than the two after it. Ahead of a report it usually reads choppier, and the extra comes out once the report is out. Methodology
- Calmer
- Crash protection What options that pay off in a fall cost against options that pay off in a rise (the 25-delta skew), compared with this company's own normal - the median of its stored nightly readings, once there are 20 - and with five sessions ago. Protection costs a little more than upside on most shares. More than usual means readers of the chain are paying up to insure against a drop; it does not say which way the stock will go. Methodology
- past week: costs more
Positioning
- Premium traded
- $82,622 calls $65,895 · puts $16,727 · latest session
- 0.25× +0.05 over the week
- Open interest added The change over five sessions in option positions left open overnight, calls and puts. A rise means positions were added. It cannot say whether they were bought or sold, so more calls is not a vote for a rise: a call is as often sold against shares already held. Methodology
- calls +428 · puts +210 past week
For options traders: ATM IV 29.8% (+0.0% 1w) · 1m ÷ 3m IV 0.92 · 25Δ skew 3.8 pts · Net GEX $856,054
Most traded contracts
No contract passed the liquidity filters this week.
Filings
| Filed | Report | Period to | Lag |
|---|---|---|---|
| Aug 26, 2026 | Quarterly ↗ | Jul 31, 2026 | 26d |
| Jun 9, 2026 | Annual ↗ | Apr 30, 2026 | 40d |
| Feb 26, 2026 | Quarterly ↗ | Jan 31, 2026 | 26d |
| Nov 25, 2025 | Quarterly ↗ | Oct 31, 2025 | 25d |
| Aug 27, 2025 | Quarterly ↗ | Jul 31, 2025 | 27d |
| Jun 18, 2025 | Annual ↗ | Apr 30, 2025 | 49d |
| Feb 27, 2025 | Quarterly ↗ | Jan 31, 2025 | 27d |
| Nov 26, 2024 | Quarterly ↗ | Oct 31, 2024 | 26d |
| Aug 28, 2024 | Quarterly ↗ | Jul 31, 2024 | 28d |
| Jun 18, 2024 | Annual ↗ | Apr 30, 2024 | 49d |
| Feb 27, 2024 | Quarterly ↗ | Jan 31, 2024 | 27d |
| Dec 5, 2023 | Quarterly ↗ | Oct 31, 2023 | 35d |
Current reports
| Filed | Disclosed |
|---|---|
| Aug 26, 2026 | Results ↗ |
| Aug 17, 2026 | Shareholder vote ↗ |
| Jun 9, 2026 | Results ↗ |
| Mar 3, 2026 | Director or officer change ↗ |
| Feb 26, 2026 | Director or officer change · Regulation FD ↗ |
| Feb 26, 2026 | Results ↗ |
| Feb 10, 2026 | Director or officer change · Other events ↗ |
| Nov 25, 2025 | Results ↗ |
| Aug 27, 2025 | Results ↗ |
| Aug 18, 2025 | Shareholder vote ↗ |
| Jun 10, 2025 | Results ↗ |
| Apr 30, 2025 | Director or officer change · Charter or bylaws · Other events ↗ |