McCormick & Company, Incorporated (MKC)

Market Cap	18.84B
Revenue (ttm)	6.68B
Net Income (ttm)	669.40M
Shares Out	268.18M
EPS (ttm)	2.74
PE Ratio	25.64
Forward PE	23.38
Dividend	$1.68 (2.39%)
Ex-Dividend Date	Jul 8, 2024

Volume	1,725,491
Open	69.89
Previous Close	69.95
Day's Range	69.62 - 70.67
52-Week Range	59.13 - 90.45
Beta	0.73
Analysts	Hold
Price Target	75.67 (+7.73%)
Earnings Date	Jun 27, 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

Financial Performance

In 2023, MKC's revenue was $6.66 billion, an increase of 4.91% compared to the previous year's $6.35 billion. Earnings were $624.20 million, a decrease of -3.10%.

Analyst Forecast

According to 10 analysts, the average rating for MKC stock is "Hold." The 12-month stock price forecast is $75.67, which is an increase of 7.73% from the latest price.

Price Target

$75.67

(7.73% upside)

Analyst Consensus: Hold