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Mccormick & Company Inc. (MKC)
NYSE:MKC
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MKC Stock Chart & Stats
Day’s Range― - ―
52-Week Range$64.33 - $85.49
Previous CloseN/A
Volume271.22K
Average Volume (3M)1.94M
Market Cap
$20.10B
Enterprise Value$25.33B
Total Cash (Recent Filing)$118.40M
Total Debt (Recent Filing)$1.05B
Price to Earnings (P/E)25.6
Beta0.25
Next Earnings
Jan 23, 2025EPS Estimate
0.64Last Dividend Ex-Date
Dec 30, 2024Dividend Yield2.28%
Share Statistics
EPS (TTM)2.92
Shares Outstanding252,191,470
10 Day Avg. Volume2,484,054
30 Day Avg. Volume1,940,475
Standard Deviation0.07
R-Squared0.35
Alpha-0.00666
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)3.01
Price to Cash Flow (P/CF)31.10
P/FCF Ratio33.20
Enterprise Value/Market Cap1.26
Enterprise Value/Revenue3.83
Enterprise Value/Gross Profit10.12
Enterprise Value/Ebitda19.45
Forecast
1Y Price Target
$85.44Price Target Upside11.41% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering10
McCormick & Company News
Bulls Say, Bears Say
Bulls Say
Consumer DemandMcCormick's strong volume growth and outlook reinforce the potential to capitalize on consumers' rising demand for healthier and more affordable at-home cooking solutions.
Investment And Growth StrategyMKC aims to drive momentum in FY25 through fueling its investments, aiming to sustain topline and earnings momentum.
Volume GrowthMKC reported a strong finish to FY24 with best-in-class volume growth among food peers.
Bears Say
Financial PerformanceWeakness in QSR channels particularly in EMEA will be a headwind to MKC’s flavor solutions business.
GuidanceThe guidance was not as robust as hoped, and China remains problematic for McCormick.
SalesManagement's FY25 organic sales guidance was lighter than expected, partly due to continued weakness in China and boycotts affecting CPG customers in the Middle East.
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Ownership Overview
0.32% Insiders
21.86% Mutual Funds
0.79% Other Institutional Investors
49.56% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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MKC FAQ
What was Mccormick & Company Inc.’s price range in the past 12 months?
Mccormick & Company Inc. lowest stock price was $64.33 and its highest was $85.49 in the past 12 months.
What is Mccormick & Company Inc.’s market cap?
Mccormick & Company Inc.’s market cap is $20.10B.
When is Mccormick & Company Inc.’s upcoming earnings report date?
Mccormick & Company Inc.’s upcoming earnings report date is Jan 23, 2025 which is 7 days ago.
How were Mccormick & Company Inc.’s earnings last quarter?
Mccormick & Company Inc. released its earnings results on Jan 23, 2025. The company reported $0.8 earnings per share for the quarter, beating the consensus estimate of $0.769 by $0.031.
Is Mccormick & Company Inc. overvalued?
According to Wall Street analysts Mccormick & Company Inc.’s price is currently Undervalued.
Does Mccormick & Company Inc. pay dividends?
Mccormick & Company Inc. pays a Quarterly dividend of $1.706 which represents an annual dividend yield of 2.28%. See more information on Mccormick & Company Inc. dividends here
What is Mccormick & Company Inc.’s EPS estimate?
Mccormick & Company Inc.’s EPS estimate is 0.64.
How many shares outstanding does Mccormick & Company Inc. have?
Mccormick & Company Inc. has 252,191,470 shares outstanding.
What happened to Mccormick & Company Inc.’s price movement after its last earnings report?
Mccormick & Company Inc. reported an EPS of $0.8 in its last earnings report, beating expectations of $0.769. Following the earnings report the stock price went up 2.075%.
Which hedge fund is a major shareholder of Mccormick & Company Inc.?
Among the largest hedge funds holding Mccormick & Company Inc.’s share is Alecta Pensionsforsakring, Omsesidigt. It holds Mccormick & Company Inc.’s shares valued at 111M.
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McCormick & Company Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$85.44 (11.41% Upside)
$85.44 (11.41% Upside)
Blogger Sentiment
Bullish
MKC Sentiment 80%
Sector Average 65%
Sector Average 65%
Hedge Fund Trend
Decreased
By 76.7K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $1.6M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Positive
Last 7 Days ▼ 0.3%
Last 30 Days ▲ 1.3%
Last 30 Days ▲ 1.3%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
16.44%
12-Months-Change
Fundamentals
Return on Equity
14.90%
Trailing 12-Months
Asset Growth
1.62%
Trailing 12-Months
Company Description
Mccormick & Company Inc.
Founded in 1889, McCormick & Co., Inc. is a Maryland-based food company, which is engaged in the manufacturing, marketing and distribution of spices, seasoning mixes, condiments and other flavorful products to retail outlets, food manufacturers and foodservice businesses. It operates through the following two segments: Consumer and Flavor Solutions.
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MKC Company Deck
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MKC Earnings Call
Q4 2025
0:00 / 0:00
Earnings Call Sentiment|Neutral
The earnings call highlighted strong volume growth in the consumer segment, gross margin expansion, and positive performance in Flavor Solutions. However, challenges in the China market, softness in CPG and QSR volumes, and geopolitical factors in EMEA present concerns. While the company achieved strong earnings growth, there are significant challenges ahead, particularly in specific regions and segments.Read More>---
MKC Net sales Breakdown
57.15% Consumer
42.85% Flavor Solutions
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MKC Stock 12 Month Forecast
Average Price Target
$85.44
▲(11.41% Upside)
Technical Analysis
Best Analysts Covering MKC
1 Year
1 Year Success Rate
10/12 ratings generated profit
1 Year Average Return
+14.69%
assigned a buy rating 6 days ago
Copying Robert Moskow's trades and holding each position for 1 Year would result in 83.33% of your transactions generating a profit, with an average return of +14.69% per trade.
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