McCormick & Company Incorporated (MKC)

NYSE
Currency in USD
76.03
+0.29(+0.38%)
Real-time Data·
MKC Scorecard
Full Analysis
Has raised its dividend for 39 consecutive years
Fair Value
Day's Range
75.6677.02
52 wk Range
66.8886.24
Key Statistics
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Prev. Close
75.74
Open
76.19
Day's Range
75.66-77.02
52 wk Range
66.88-86.24
Volume
770.77K
Average Vol. (3m)
2.39M
1-Year Change
1.41%
Book Value / Share
20.22
Fair Value
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Fair Value Upside
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MKC Scorecardpro icon
Company’s Health
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Fair Value
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Fair Price
Upside
Price Target
82.94
Upside
+9.09%
Members' Sentiments
Bearish
Bullish
ProTips
5 analysts have revised their earnings downwards for the upcoming period
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McCormick & Company Incorporated Company Profile

McCormick & Company, Incorporated manufactures, markets, and distributes spices, seasoning mixes, condiments, and other flavorful products to the food industry. It operates in two segments, Consumer and Flavor Solutions. The Consumer segment offers spices, herbs, and seasonings, as well as condiments and sauces, and desserts. This segment markets its products under the McCormick, French’s, Frank’s RedHot, Lawry’s, Cholula Hot Sauce, Club House, Gourmet Garden, and OLD BAY brands in the Americas; Ducros, Schwartz, Kamis, LA Drogheria, and Vahiné brands in Europe, the Middle East, and Africa; and McCormick and DaQiao brands in the Asia/Pacific, as well as markets desserts under the Aeroplane brand and packaged chilled herbs under the Gourmet Garden brand name; and markets regional and ethnic brands, such as Zatarain’s, Stubb's, Thai Kitchen, and Simply Asia. It also supplies its products under the private labels. This segment serves retailers comprising grocery, mass merchandise, warehouse clubs, discount and drug stores, and e-commerce retailers directly and indirectly through distributors and wholesale foodservice suppliers. The Flavor Solutions segment offers seasoning blends, spices and herbs, condiments, coating systems, and compound flavors to multinational food manufacturers and foodservice customers. It serves foodservice customers directly and indirectly through distributors. The company was founded in 1889 and is headquartered in Hunt Valley, Maryland.

Employees
14100

McCormick & Company Incorporated SWOT Analysis


Seasoned Strategy
Delve into McCormick's long-term growth algorithm, outpacing industry averages while navigating reinvestment phases and market headwinds
Segment Synergy
Discover how McCormick's Consumer segment resilience offsets challenges in Flavor Solutions, showcasing adaptability in evolving market conditions
Financial Spice
Analyst projections set EPS at $3.06, with price targets ranging from $67 to $101, reflecting McCormick's market dominance and growth potential
Flavor Frontie
Explore McCormick's strategic balance between volume-led growth and margin pressures in the competitive spice and seasoning industry
Read full SWOT analysis

McCormick & Company Incorporated Earnings Call Summary for Q3/2024

  • Q3 EPS of $0.83 beat $0.77 forecast; revenue of $1.79B exceeded $1.77B projection; stock dipped 1.36% premarket
  • Gross profit margin up 170 basis points; adjusted operating income rose 15% YoY; strong performance in spices and new products
  • Full-year adjusted EPS guidance set at $2.85-$2.90; company expects to reach mid to high end of constant currency sales growth forecast
  • CEO Foley: "McCormick remains a growth company"; emphasized investments yielding results and importance of flavor to consumers
  • Challenges include supply chain disruptions, market saturation, and uncertainty in international markets, particularly China
Last Updated: 01/23/2025, 07:11 AM
Read Full Transcript

Compare MKC to Peers and Sector

Metrics to compare
MKC
Peers
Sector
Relationship
P/E Ratio
26.1x18.9x11.6x
PEG Ratio
2.400.380.03
Price / Book
3.8x2.3x1.5x
Price / LTM Sales
3.0x1.4x0.9x
Upside (Analyst Target)
9.0%16.3%20.3%
Fair Value Upside
Unlock11.4%11.0%Unlock

Analyst Ratings

5 Buy
9 Hold
2 Sell
Ratings:
16 analysts
Overall Consensus
Neutral

Analysts 12-Month Price Target:

Average 82.94
(+9.09% Upside)

Dividends

Payout Ratio
Payout ratio (TTM)
Earnings retained
EPS 2.92%
Dividend Yield
2.38%
Industry Median 3.45%
Annualized Payout
1.80
Paid quarterly
5-Years Growth
+7.98%
Growth Streak

Earnings

Latest Release
Mar 25, 2025
EPS / Forecast
0.60 / 0.64
Revenue / Forecast
1.61B / 1.61B
EPS Revisions
Last 90 days

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FAQ

What Is the McCormick&Co (MKC) Stock Price Today?

The McCormick&Co stock price today is 76.03

What Stock Exchange Does McCormick&Co Trade On?

McCormick&Co is listed and trades on the NYSE stock exchange.

What Is the Stock Symbol for McCormick&Co?

The stock symbol for McCormick&Co is "MKC."

Does McCormick&Co Pay Dividends? What’s The Current Dividend Yield?

The McCormick&Co dividend yield is 2.38%.

What Is the McCormick&Co Market Cap?

As of today, McCormick&Co market cap is 20.40B.

What is McCormick&Co Earnings Per Share?

The McCormick&Co EPS is 2.92.

What Is the Next McCormick&Co Earnings Date?

McCormick&Co will release its next earnings report on Jun 26, 2025.

From a Technical Analysis Perspective, Is MKC a Buy or Sell?

Based on moving averages and other technical indicators, the daily buy/sell signal is Sell.
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