McCormick & Company, Incorporated (MKC)
NYSE: MKC · Real-Time Price · USD
78.18
-0.57 (-0.72%)
Nov 4, 2024, 4:00 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 0.41% from the current stock price of 78.18.
Analyst Consensus: Hold
* Price targets were last updated on Oct 2, 2024.
Analyst Ratings
The average analyst rating for MKC 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 | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 |
---|---|---|---|---|---|---|
Strong Buy | 2 | 2 | 2 | 2 | 2 | 2 |
Buy | 0 | 0 | 0 | 0 | 0 | 0 |
Hold | 6 | 7 | 7 | 7 | 7 | 6 |
Sell | 1 | 1 | 1 | 1 | 1 | 1 |
Strong Sell | 1 | 0 | 0 | 0 | 0 | 0 |
Total | 10 | 10 | 10 | 10 | 10 | 9 |
Latest Forecasts
Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
---|---|---|---|---|---|---|---|
TD Cowen | TD Cowen | Hold Maintains $84 → $86 | Hold | Maintains | $84 → $86 | +10.00% | Oct 2, 2024 |
Stifel | Stifel | Hold Maintains $75 → $85 | Hold | Maintains | $75 → $85 | +8.72% | Oct 2, 2024 |
B of A Securities | B of A Securities | Strong Buy Maintains $95 → $96 | Strong Buy | Maintains | $95 → $96 | +22.79% | Oct 2, 2024 |
B of A Securities | B of A Securities | Strong Buy Maintains $86 → $95 | Strong Buy | Maintains | $86 → $95 | +21.51% | Sep 17, 2024 |
TD Cowen | TD Cowen | Hold Maintains $75 → $73 | Hold | Maintains | $75 → $73 | -6.63% | Jun 24, 2024 |
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%
Revenue Forecast
Revenue | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
---|---|---|---|---|---|---|
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 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
---|---|---|---|---|---|---|
High | 5.9% | 7.6% | 8.9% | |||
Avg | 1.5% | 2.7% | 3.2% | |||
Low | -1.8% | -1.4% | -2.5% |
EPS Forecast
EPS | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
---|---|---|---|---|---|---|
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 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
---|---|---|---|---|---|---|
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.