McCormick & Company, Incorporated (MKC.V)
NYSE: MKC.V · Real-Time Price · USD
78.13
+1.18 (1.53%)
Nov 21, 2024, 3:59 PM EST - Market closed

McCormick & Company Stock Forecast

Stock Price Forecast

The 8 analysts with 12-month price forecasts for McCormick & Company stock have an average target of 78.5, with a low estimate of 57 and a high estimate of 96. The average target predicts an increase of 0.47% from the current stock price of 78.13.

Analyst Consensus: Hold
Target Low Average Median High
Price $57 $78.5 $85 $96
Change -27.04% +0.47% +8.79% +22.87%
* Price targets were last updated on Oct 2, 2024.

Analyst Ratings

The average analyst rating for MKC.V stock from 9 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating Jun '24Jul '24Aug '24Sep '24Oct '24Nov '24
Strong Buy 222222
Buy 000000
Hold 777766
Sell 111111
Strong Sell 000000
Total 1010101099

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
TD Cowen
TD Cowen
Hold
Maintains
$84$86
Hold Maintains $84$86 +10.07% Oct 2, 2024
Stifel
Stifel
Hold
Maintains
$75$85
Hold Maintains $75$85 +8.79% Oct 2, 2024
B of A Securities
B of A Securities
Strong Buy
Maintains
$95$96
Strong Buy Maintains $95$96 +22.87% Oct 2, 2024
B of A Securities
B of A Securities
Strong Buy
Maintains
$86$95
Strong Buy Maintains $86$95 +21.59% Sep 17, 2024
TD Cowen
TD Cowen
Hold
Maintains
$75$73
Hold Maintains $75$73 -6.57% Jun 24, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
6.76B
from 6.66B
Increased by 1.53%
Revenue Next Year
6.95B
from 6.76B
Increased by 2.71%
EPS This Year
2.95
from 2.52
Increased by 17.19%
EPS Next Year
3.15
from 2.95
Increased by 6.74%
Fiscal Year FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Period Ending Nov 30, 2019 Nov 30, 2020 Nov 30, 2021 Nov 30, 2022 Nov 30, 2023 Nov 30, 2024 Nov 30, 2025 Nov 30, 2026
Revenue
5.35B5.60B6.32B6.35B6.66B6.76B6.95B7.17B
Revenue Growth
0.84%4.75%12.79%0.52%4.91%1.53%2.71%3.24%
EPS
2.622.782.802.522.522.953.153.39
EPS Growth
-25.14%6.11%0.72%-10.00%-17.19%6.74%7.46%
Forward PE
-----26.4624.7923.07
No. Analysts -----181813
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202420252026202720282029
High 7.1B 7.3B 7.6B
Avg 6.8B 6.9B 7.2B
Low 6.5B 6.7B 6.8B

Revenue Growth

Revenue Growth 202420252026202720282029
High
5.9%
7.6%
8.9%
Avg
1.5%
2.7%
3.2%
Low
-1.8%
-1.4%
-2.5%

EPS Forecast

EPS 202420252026202720282029
High 3.21 3.44 3.61
Avg 2.95 3.15 3.39
Low 2.80 2.94 3.18

EPS Growth

EPS Growth 202420252026202720282029
High
27.5%
16.6%
14.6%
Avg
17.2%
6.7%
7.5%
Low
11.2%
-0.3%
0.7%
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.