McCormick & Company, Incorporated (MKC)

Market Cap	20.82B
Revenue (ttm)	6.68B
Net Income (ttm)	792.60M
Shares Out	268.36M
EPS (ttm)	2.94
PE Ratio	26.39
Forward PE	26.01
Dividend	$1.68 (2.17%)
Ex-Dividend Date	Oct 7, 2024

Volume	1,335,014
Open	78.41
Previous Close	77.95
Day's Range	77.27 - 78.79
52-Week Range	63.67 - 85.49
Beta	0.76
Analysts	Hold
Price Target	78.50 (+1.19%)
Earnings Date	Oct 1, 2024

About MKC

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, Gourmet Garden, Club House, and OLD BAY brands in the Americas; Ducros, Schwartz, Kamis, LA Drogheria, and Vahiné...

• Industry: Packaged Foods
• Sector: Consumer Staples
• Founded: 1889
• Employees: 13,800
• Stock Exchange: NYSE
• Ticker Symbol: MKC
• Website: https://www.mccormickcorporation.com

Financial Performance

In 2023, McCormick & Company's revenue was $6.66 billion, an increase of 4.91% compared to the previous year's $6.35 billion. Earnings were $680.60 million, a decrease of -0.21%.

Analyst Forecast

According to 9 analysts, the average rating for MKC stock is "Hold." The 12-month stock price forecast is $78.5, which is an increase of 1.19% from the latest price.

Price Target

$78.5

(1.19% upside)

Analyst Consensus: Hold