McCormick & Co Inc-MD

McCormick & Co Inc-MD Stock Forecast & Price Prediction

Live McCormick & Co Inc-MD Stock (MKC.V) Price
$76.90

0

Ratings

  • Buy 0
  • Hold 0
  • Sell 0
Disclaimer : Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance. This information is for educational purposes only and should not be construed as advice to buy or sell any security.

Stock Price

$76.90

P/E Ratio

26.16

Volume Traded Today

$3,749

Dividend

$0.62

52 Week High/low

85.02/63.38

McCormick & Co Inc-MD Market Cap

$20.60B

๐Ÿ›‘ Alert: These ten stocks could have higher potential than $MKC.V ๐Ÿ›‘

Before you buy MKC.V you'll want to see this list of ten stocks that have huge potential. Want to see if MKC.V made the cut? Enter your email below

MKC.V Summary

The McCormick & Co Inc-MD (MKC.V) share price is expected to decrease by 100% over the next year. This is based on calculating the average 12-month share price estimate provided by 0 stock analysts who have covered MKC.V. Price targets range from $ at the low end to $ at the high end. The current analyst consensus for MKC.V is a sell. Please note analyst price targets are not guaranteed and could be missed completely.

MKC.V Analyst Ratings

McCormick & Co Inc-MD has a total of 0 Wall St Analyst ratings. There are 0 buy ratings, 0 ratings, and 0 sell ratings. Since most analysts have a sell consensus rating, the expectation is that McCormick & Co Inc-MD will perform worse than the market. Investors shouldn't rely purely on analyst ratings; we encourage investors to also take a look at the fundamental and technical analysis in their due diligence.

MKC.V stock forecast by analyst

These are the latest 20 analyst ratings of MKC.V.

Analyst/Firm

Rating

Price Target

Change

Date


Stifel

Hold


Maintains

Oct 4, 2023

B of A Securities

Buy


Maintains

Oct 4, 2023

HSBC

Hold


Initiates

Sep 22, 2023

TD Cowen

Market Perform


Initiates

Sep 13, 2023

Barclays

Equal-Weight


Maintains

Jul 3, 2023

B of A Securities

Buy


Upgrade

Jun 6, 2023

Deutsche Bank

Hold


Maintains

Mar 29, 2023

B of A Securities

Underperform


Maintains

Mar 29, 2023

JP Morgan

Underweight


Maintains

Mar 29, 2023

UBS

Sell


Initiates

Mar 10, 2023

Deutsche Bank

Hold


Maintains

Jan 27, 2023

B of A Securities

Underperform


Maintains

Jan 27, 2023

Bernstein

Outperform


Upgrade

Jan 27, 2023

JP Morgan

Underweight


Maintains

Jan 27, 2023

Deutsche Bank

Hold


Maintains

Dec 6, 2022

Exane BNP Paribas

Outperform


Initiates

Nov 15, 2022

B of A Securities

Underperform


Maintains

Oct 7, 2022

Barclays

Equal-Weight


Maintains

Sep 12, 2022

Deutsche Bank

Hold


Maintains

Sep 8, 2022

Argus Research

Hold


Downgrade

Jul 6, 2022

MKC.V Company Information

What They Do: Manufactures and sells spices and seasonings.

Business Model: The company operates through two segments: Consumer and Flavor Solutions. It generates revenue by selling a wide range of products including spices, seasoning mixes, condiments, and sauces under well-known brands to both retail and foodservice customers, along with offering products under private labels.

Other Information: Founded in 1889 and headquartered in Hunt Valley, Maryland, McCormick & Company serves a diverse market across several regions with a strong portfolio of brands, catering to various culinary needs and preferences.
MKC.V
McCormick & Co Inc-MD (MKC.V)

When did it IPO

2003

Staff Count

13,800

Country

United States

Sector/Industry

Consumer Defensive/Packaged Foods

CEO

Mr. Brendan M. Foley

Market Cap

$20.60B

McCormick & Co Inc-MD (MKC.V) Financial Data

In 2023, MKC.V generated $6.66B in revenue, which was a increase of 4.91% from the previous year. This can be seen as a signal that MKC.V's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.

Revenue From 2020

$5.60B

Revenue From 2021

$6.32B

12.79 %
From Previous Year

Revenue From 2022

$6.35B

0.52 %
From Previous Year

Revenue From 2023

$6.66B

4.91 %
From Previous Year
  • Revenue TTM $6.68B
  • Operating Margin TTM 17.3%
  • Gross profit TTM $2.50B
  • Return on assets TTM 5.2%
  • Return on equity TTM 15.1%
  • Profit Margin 11.9%
  • Book Value Per Share 20.20%
  • Market capitalisation $20.60B
  • Revenue for 2021 $6.32B
  • Revenue for 2022 $6.35B
  • Revenue for 2023 $6.66B
  • EPS this year (TTM) $2.94

McCormick & Co Inc-MD (MKC.V) Latest News

News Image

Tue, 24 Nov 2020

Sentiment - POSITIVE

Source - Benzinga

Summary - McCormick & Company (NYSE: MKC) is close to acquiring Cholula for $800 million from L Catterton, with potential finalization of the deal by Tuesday, according to the Wall Street Journal.

Why It Matters - McCormick's potential acquisition of Cholula could enhance its product portfolio, drive revenue growth, and strengthen market position in the growing hot sauce segment, impacting stock valuation.

...

MKC.V Frequently asked questions

The highest forecasted price for MKC.V is $ from at Jefferies.

The lowest forecasted price for MKC.V is $ from from Jefferies

The MKC.V analyst ratings consensus are 0 buy ratings, 0 hold ratings, and 0 sell ratings.