Preparing For Rough Markets With JM Smucker. 11PE, is is time to get defensive? SJM Stock Analysis

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  • Опубликовано: 14 дек 2024

Комментарии • 26

  • @starbro694
    @starbro694 4 месяца назад

    How do you feel about TSLY, MSTY, CONY?

  • @rohanshah8684
    @rohanshah8684 6 месяцев назад

    Can you dig deeper into WW and MED they seem to be a good value from fundamentals perspective but seems like a trap. Also, I couldn't find a discord or any way to tip you for your hard work.

    • @balancesheetsmatter
      @balancesheetsmatter  6 месяцев назад

      With the large shift towards weight loss drugs like ozempic these traditional weight loss companies are in a lot of trouble. Not a lot can be looked at from past financials, need to see where the market stabilizes at and then try to forecast their earnings from there. I wouldn’t bother with $WW as they were already on the decline before this. I did an analysis on $MED before and they are in much better financial state but I’d wait to see where their revenues/earning stabilize as they are still in decline.
      Don’t have a discord yet, don’t really have time right now. Maybe in the future, just trying to put out occasional videos for the time being 🙃

    • @rohanshah8684
      @rohanshah8684 6 месяцев назад

      @@balancesheetsmatter Your way of analysis is really similar to mine and I would love if you're open to having a 1:1 call with me. I would definitely pay you for the time an effort to get on a call with me. I feel a bit stuck with my portfolio and could use some guidance.

  • @AliceDominic-p8i
    @AliceDominic-p8i 2 месяца назад

    Eliane Circles

  • @WolfMadge-d9c
    @WolfMadge-d9c 2 месяца назад

    Tobin Field

  • @MargaretGraybill-g3r
    @MargaretGraybill-g3r 3 месяца назад

    Nelda Streets

  • @JoshuaLindsay-r4d
    @JoshuaLindsay-r4d 2 месяца назад

    Adams Trail

  • @KristineMoore-n1h
    @KristineMoore-n1h 2 месяца назад

    Therese Ridges

  • @ColcloughGus-m4k
    @ColcloughGus-m4k 2 месяца назад

    Hahn Green

  • @TandraBaucom-q2o
    @TandraBaucom-q2o 3 месяца назад

    Legros Stravenue

  • @FowlerWill-v9g
    @FowlerWill-v9g 2 месяца назад

    Ottilie Centers

  • @ArnoldMarlon-t5j
    @ArnoldMarlon-t5j 2 месяца назад

    Goyette Harbor

  • @TonyaHicks-h9i
    @TonyaHicks-h9i 3 месяца назад

    Steuber Roads

  • @RonaEgner-r6j
    @RonaEgner-r6j 2 месяца назад

    Winona Cove

  • @FrancisChad-p1j
    @FrancisChad-p1j 2 месяца назад

    Little Manors

  • @JesusBalducci-e1w
    @JesusBalducci-e1w 3 месяца назад

    Raoul View

  • @AlbertaGiles-p2j
    @AlbertaGiles-p2j 2 месяца назад

    Dylan Ramp

  • @jacksonsoundcloud
    @jacksonsoundcloud 5 месяцев назад

    Why are they repurchasing stock when they have 2M in cash against nearly 13M in debt? Bankruptcy risk is through the roof if anything goes wrong.

    • @balancesheetsmatter
      @balancesheetsmatter  5 месяцев назад

      @@jacksonsoundcloud You seem to not be reading their financial statements correctly… they do not have $2 mil in cash is this almost all entirely accounts receivable and inventory.
      Also since their acquisition and issuing all that new debt they are not buying back stock, the last 2 quarters they have paid back about $400 million in debt.

    • @jacksonsoundcloud
      @jacksonsoundcloud 5 месяцев назад

      @@balancesheetsmatter paying down 400m in debt over 2 quarters on almost 13B in liabilities.. if their debt is at 5% they are barely covering the interest for the year, just seems unwise to pay anything near market rate for something with so much bankruptcy risk. they avoid bankruptcy, whats ur upside its already near market pe. they don't avoid bankruptcy, big downside

    • @balancesheetsmatter
      @balancesheetsmatter  5 месяцев назад

      @@jacksonsoundcloud last 2 quarters operating income was $396 & $443 million with interest expenses less then $100 million each quarter. In the past their operating income to interest expense was at a much better ratio but they did a recent acquisition which is why it’s higher but operating income is still 4x their interest expenses and going down as they are paying down debt.
      The recent debt they took was $3.5 billion and their paid 11% of it off in 2 quarters. Guidance is pointing towards $10 EPS next year.
      I have no clue where you’re getting this idea they have high bankruptcy risk and can’t cover their interest expenses. This just isn’t the case.

    • @jacksonsoundcloud
      @jacksonsoundcloud 4 месяца назад

      @@balancesheetsmatter Pretty irresponsible to purchase your own stock with borrowed money. Earn it, then spend it. Company trades at a 5% cash flow yield with basically zero growth and is repurchasing its stock with borrowed money rather than investing in growth to pay off that debt. They're lucky they have a lot of debt at lower rates because now they're having to finance debt at 5%+ which is going to kill their cash flow. Using the debt for buybacks now makes zero sense because they could be reinvesting, now they will inevitably have to take out even more debt to invest in growth. They better pray rates drop again.

    • @balancesheetsmatter
      @balancesheetsmatter  4 месяца назад

      @@jacksonsoundcloud well as I said in my first reply they are NOT repurchasing stock and haven’t for 3 quarters now. They are just paying down debt and paying their dividend.
      I don’t know why you keep saying this. Maybe you’re looking at the yearly buybacks? As 4 quarters ago they did their last buybacks but as I’ve said multiple times they have not done any buybacks in 3 quarters.
      You need to learn to read financial statements, look at the quarterly statements, you’re arguing about something that isn’t happening.

  • @OscarLamb-q2x
    @OscarLamb-q2x 2 месяца назад

    Lonie Parkways

  • @ThomasDavid-m2e
    @ThomasDavid-m2e 3 месяца назад

    Buck Drives