McCormick & Company, Incorporated (MKC.V)
NYSE: MKC.V · Real-Time Price · USD
78.50
0.00 (0.00%)
Nov 4, 2024, 12:38 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 no change from the current stock price of 78.50.
Analyst Consensus: Hold
* 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 '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 7 | 7 | 7 | 7 | 6 | 6 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 10 | 10 | 10 | 10 | 9 | 9 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| TD Cowen | TD Cowen | Hold Maintains $84 → $86 | Hold | Maintains | $84 → $86 | +9.55% | Oct 2, 2024 |
| Stifel | Stifel | Hold Maintains $75 → $85 | Hold | Maintains | $75 → $85 | +8.28% | Oct 2, 2024 |
| B of A Securities | B of A Securities | Strong Buy Maintains $95 → $96 | Strong Buy | Maintains | $95 → $96 | +22.29% | Oct 2, 2024 |
| B of A Securities | B of A Securities | Strong Buy Maintains $86 → $95 | Strong Buy | Maintains | $86 → $95 | +21.02% | Sep 17, 2024 |
| TD Cowen | TD Cowen | Hold Maintains $75 → $73 | Hold | Maintains | $75 → $73 | -7.01% | Jun 24, 2024 |
Financial Forecast
Revenue This Year
6.74B
from 6.66B
Increased by 1.18%
Revenue Next Year
6.93B
from 6.74B
Increased by 2.76%
EPS This Year
2.89
from 2.52
Increased by 14.75%
EPS Next Year
3.10
from 2.89
Increased by 7.17%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 7.1B | 7.3B | 7.6B | |||
| Avg | 6.7B | 6.9B | 7.2B | |||
| Low | 6.5B | 6.6B | 6.7B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 5.8% | 8.4% | 10.2% | |||
| Avg | 1.2% | 2.8% | 3.2% | |||
| Low | -2.6% | -2.0% | -3.2% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 3.19 | 3.43 | 3.59 | |||
| Avg | 2.89 | 3.10 | 3.34 | |||
| Low | 2.74 | 2.88 | 3.16 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 26.7% | 18.7% | 15.9% | |||
| Avg | 14.8% | 7.2% | 7.7% | |||
| Low | 8.5% | -0.3% | 1.8% |
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.