McCormick & Company, Incorporated (MKC.V)
NYSE: MKC.V · Real-Time Price · USD
74.62
+0.05 (0.07%)
May 19, 2025, 4:00 PM - Market closed
McCormick & Company Stock Forecast
Stock Price Forecast
According to 7 professional analysts, the 12-month price target for McCormick & Company stock ranges from a low of $69 to a high of $96. The average analyst price target of $83.14 forecasts a 11.42% increase in the stock price over the next year.
Price Target: $83.14 (+11.42%)
Analyst Consensus: Buy
* Price targets were last updated on Jan 27, 2025.
Analyst Ratings
The average analyst rating for McCormick & Company stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Dec '24 | Jan '25 | Feb '25 | Mar '25 | Apr '25 | May '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 4 | 4 | 4 | 4 | 3 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 6 | 3 | 3 | 3 | 3 | 3 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 10 | 8 | 8 | 8 | 8 | 7 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Barclays | Barclays | Hold Maintains $85 → $82 | Hold | Maintains | $85 → $82 | +9.89% | Jan 27, 2025 |
| JP Morgan | JP Morgan | Sell Maintains $66 → $69 | Sell | Maintains | $66 → $69 | -7.53% | Jan 24, 2025 |
| JP Morgan | JP Morgan | Sell Maintains $68 → $66 | Sell | Maintains | $68 → $66 | -11.55% | Jan 15, 2025 |
| TD Cowen | TD Cowen | Hold → Strong Buy Upgrades $86 → $90 | Hold → Strong Buy | Upgrades | $86 → $90 | +20.61% | Jan 8, 2025 |
| Jefferies | Jefferies | Hold → Strong Buy Upgrades $85 → $91 | Hold → Strong Buy | Upgrades | $85 → $91 | +21.95% | Dec 9, 2024 |
Financial Forecast
Revenue This Year
6.89B
from 6.72B
Increased by 2.40%
Revenue Next Year
7.13B
from 6.89B
Increased by 3.51%
EPS This Year
3.08
from 2.92
Increased by 5.57%
EPS Next Year
3.35
from 3.08
Increased by 8.65%
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 7.2B | 7.6B | 7.9B | ||
| Avg | 6.9B | 7.1B | 7.4B | ||
| Low | 6.6B | 6.8B | 7.0B |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 7.5% | 10.1% | 11.5% | ||
| Avg | 2.4% | 3.5% | 3.8% | ||
| Low | -1.3% | -1.0% | -1.9% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 3.26 | 3.73 | 4.26 | ||
| Avg | 3.08 | 3.35 | 3.65 | ||
| Low | 2.91 | 3.15 | 3.35 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 11.5% | 20.9% | 27.3% | ||
| Avg | 5.6% | 8.7% | 8.9% | ||
| Low | -0.2% | 2.1% | 0.1% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.