McCormick & Company, Incorporated (MKC.V)
NYSE: MKC.V · Real-Time Price · USD
74.20
-0.87 (-1.16%)
Apr 25, 2025, 4:00 PM EDT - Market closed
McCormick & Company Stock Forecast
Stock Price Forecast
The 7 analysts with 12-month price forecasts for McCormick & Company stock have an average target of 83.14, with a low estimate of 69 and a high estimate of 96. The average target predicts an increase of 12.05% from the current stock price of 74.20.
Analyst Consensus: Buy
* Price targets were last updated on Jan 27, 2025.
Analyst Ratings
The average analyst rating for McCormick & Company stock from 7 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Nov '24 | Dec '24 | Jan '25 | Feb '25 | Mar '25 | Apr '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 3 | 4 | 4 | 4 | 3 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 6 | 6 | 3 | 3 | 3 | 3 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 9 | 10 | 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 | +10.51% | Jan 27, 2025 |
| JP Morgan | JP Morgan | Sell Maintains $66 → $69 | Sell | Maintains | $66 → $69 | -7.01% | Jan 24, 2025 |
| JP Morgan | JP Morgan | Sell Maintains $68 → $66 | Sell | Maintains | $68 → $66 | -11.05% | Jan 15, 2025 |
| TD Cowen | TD Cowen | Hold → Strong Buy Upgrades $86 → $90 | Hold → Strong Buy | Upgrades | $86 → $90 | +21.29% | Jan 8, 2025 |
| Jefferies | Jefferies | Hold → Strong Buy Upgrades $85 → $91 | Hold → Strong Buy | Upgrades | $85 → $91 | +22.64% | 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.