McCormick & Company, Incorporated (MKC)
NYSE: MKC · Real-Time Price · USD
75.27
-2.33 (-3.00%)
At close: Apr 15, 2025, 4:00 PM
74.59
-0.68 (-0.90%)
After-hours: Apr 15, 2025, 7:00 PM EDT
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 10.46% from the current stock price of 75.27.
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 | +8.94% | Jan 27, 2025 |
| JP Morgan | JP Morgan | Sell Maintains $66 → $69 | Sell | Maintains | $66 → $69 | -8.33% | Jan 24, 2025 |
| JP Morgan | JP Morgan | Sell Maintains $68 → $66 | Sell | Maintains | $68 → $66 | -12.32% | Jan 15, 2025 |
| TD Cowen | TD Cowen | Hold → Strong Buy Upgrades $86 → $90 | Hold → Strong Buy | Upgrades | $86 → $90 | +19.57% | Jan 8, 2025 |
| Jefferies | Jefferies | Hold → Strong Buy Upgrades $85 → $91 | Hold → Strong Buy | Upgrades | $85 → $91 | +20.90% | 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 3.57%
EPS This Year
3.10
from 2.92
Increased by 6.02%
EPS Next Year
3.36
from 3.10
Increased by 8.37%
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% | 11.4% | ||
| Avg | 2.4% | 3.6% | 3.9% | ||
| Low | -1.3% | -1.0% | -1.9% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 3.32 | 3.59 | 3.96 | ||
| Avg | 3.10 | 3.36 | 3.64 | ||
| Low | 2.90 | 3.17 | 3.41 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 13.6% | 16.0% | 18.0% | ||
| Avg | 6.0% | 8.4% | 8.4% | ||
| Low | -0.5% | 2.2% | 1.6% |
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.