Working with TipRanks
Follow Us
Stocks
ETFs
Options
Commodities
Crypto
Currency
Research Tools
Calendars
Economic Indicators
Calculators
Education
About Us
Working with TipRanks
Follow Us
Mccormick & Company Inc. (GB:0JZS)
LSE:0JZS
McCormick & Company (0JZS) Share Price & Analysis
0 Followers
0JZS Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$58.49 - $92.14
Previous Close$75.11
Volume525.00
Average Volume (3M)6.17K
Market Cap
$20.14B
Enterprise Value$24.45B
Total Cash (Recent Filing)$178.00M
Total Debt (Recent Filing)$4.46B
Price to Earnings (P/E)28.6
Beta0.78
Next Earnings
Jun 27, 2024EPS Estimate
$0.6Last Dividend Ex-Date
Apr 05, 2024Dividend Yield2.12%
Share Statistics
EPS (TTM)2.62
Shares Outstanding268,412,705
10 Day Avg. Volume140
30 Day Avg. Volume6,174
Standard Deviation0.10
R-Squared0.00300
Alpha0.00206
Financial Highlights & Ratios
Price to Book (P/B)-6.05
Price to Sales (P/S)14.13
Price to Cash Flow (P/CF)36.80
P/FCF Ratio42.60
Enterprise Value/Market CapN/A
Enterprise Value/Revenue3.75
Enterprise Value/Gross Profit10.75
Enterprise Value/Ebitda28.20
Forecast
1Y Price Target
$75.92Price Target Upside0.32% Upside
Rating ConsensusHold
Number of Analyst Covering12
McCormick & Company News
PremiumPress Releases
McCormick Declares $0.42 Quarterly Dividend
Bulls Say, Bears Say
Bulls Say
Business StrategyInnovations in packaging and product development, along with strategic pricing actions, are driving sales improvements for McCormick & Co.
Financial PerformanceMcCormick (MKC) reported stronger-than-anticipated financial results, with 1Q sales growth and earnings per share surpassing expectations.
Operational EfficiencyMcCormick & Co has enhanced its supply chain resilience, expecting to achieve annual margin improvements through comprehensive cost savings initiatives.
Bears Say
Consumer BehaviorConsumers continue to seek value, indicating a more cautious consumer spending which could be a significant impediment to growth targets.
Financial OutlookThe company's earnings outlook is increasingly at odds with its premium valuation compared to food peers.
Market Share And CompetitionMKC is still losing market share, with U.S. tracked channel volumes down and facing competition from private label.
---
Options Prices
Currently, No data available
---
Ownership Overview
0.87% Insiders
22.89% Mutual Funds
27.32% Other Institutional Investors
48.92% Public Companies and
Individual Investors
0JZS FAQ
What was Mccormick & Company Inc.’s price range in the past 12 months?
Mccormick & Company Inc. lowest share price was $58.49 and its highest was $92.14 in the past 12 months.
What is Mccormick & Company Inc.’s market cap?
Currently, no data Available
When is Mccormick & Company Inc.’s upcoming earnings report date?
Mccormick & Company Inc.’s upcoming earnings report date is Jun 27, 2024 which is in 61 days.
How were Mccormick & Company Inc.’s earnings last quarter?
Mccormick & Company Inc. released its earnings results on Mar 26, 2024. The company reported $0.63 earnings per share for the quarter, beating the consensus estimate of $0.577 by $0.053.
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 $0.42 which represents an annual dividend yield of 2.12%. See more information on Mccormick & Company Inc. dividends here
What is Mccormick & Company Inc.’s EPS estimate?
Mccormick & Company Inc.’s EPS estimate is $0.6.
How many shares outstanding does Mccormick & Company Inc. have?
Mccormick & Company Inc. has 251,745,320 shares outstanding.
What happened to Mccormick & Company Inc.’s price movement after its last earnings report?
Mccormick & Company Inc. reported an EPS of $0.63 in its last earnings report, beating expectations of $0.577. Following the earnings report the stock price went up 9.601%.
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 92M.
---
McCormick & Company Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Hold
Average Price Target:
$75.92 (0.32% Upside)
$75.92 (0.32% Upside)
Blogger Sentiment
Bullish
GB:0JZS Sentiment 82%
Sector Average 66%
Sector Average 66%
Insider Transactions
Sold Shares
Worth $2.5M over
the Last 3 Months
the Last 3 Months
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
-8.88%
12-Months-Change
Fundamentals
Return on Equity
14.01%
Trailing 12-Months
Asset Growth
-2.39%
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.
---
0JZS Company Deck
---
0JZS Earnings Call
Q1 2024
0:00 / 0:00
---
0JZS Net sales Breakdown
57.15% Consumer
42.85% Flavor Solutions
---
0JZS Stock 12 Months Forecast
Average Price Target
$75.92
▲(0.32% Upside)
Technical Analysis
Best Analysts Covering 0JZS
1 Year
1 Year Success Rate
8/15 ratings generated profit
1 Year Average Return
+0.27%
reiterated a sell rating 20 days ago
Copying Kenneth Goldman's trades and holding each position for 1 Year would result in 53.33% of your transactions generating a profit, with an average return of +0.27% per trade.
---