McCormick & Co. Inc. (MKC): Price and Financial Metrics
MKC Price/Volume Stats
Current price | $65.82 | 52-week high | $94.39 |
Prev. close | $65.62 | 52-week low | $59.13 |
Day low | $65.26 | Volume | 1,936,900 |
Day high | $66.21 | Avg. volume | 2,159,252 |
50-day MA | $67.14 | Dividend yield | 2.55% |
200-day MA | $76.96 | Market Cap | 17.66B |
MKC Stock Price Chart Interactive Chart >
MKC POWR Grades
- MKC scores best on the Stability dimension, with a Stability rank ahead of 73.51% of US stocks.
- The strongest trend for MKC is in Stability, which has been heading down over the past 26 weeks.
- MKC ranks lowest in Momentum; there it ranks in the 13th percentile.
MKC Stock Summary
- MKC has a higher market value than 88.56% of US stocks; more precisely, its current market capitalization is $18,504,161,066.
- MKC's went public 33.8 years ago, making it older than 84.83% of listed US stocks we're tracking.
- Of note is the ratio of MCCORMICK & CO INC's sales and general administrative expense to its total operating expenses; 80.83% of US stocks have a lower such ratio.
- Stocks with similar financial metrics, market capitalization, and price volatility to MCCORMICK & CO INC are KMB, ANSS, GD, EXC, and EVRI.
- Visit MKC's SEC page to see the company's official filings. To visit the company's web site, go to www.mccormickcorporation.com.
MKC Valuation Summary
- In comparison to the median Consumer Defensive stock, MKC's price/earnings ratio is 45.45% higher, now standing at 30.4.
- Over the past 243 months, MKC's price/earnings ratio has gone up 7.3.
Below are key valuation metrics over time for MKC.
Stock | Date | P/S | P/B | P/E | EV/EBIT |
---|---|---|---|---|---|
MKC | 2023-12-22 | 2.8 | 3.6 | 30.4 | 23.6 |
MKC | 2023-12-21 | 2.8 | 3.6 | 30.4 | 23.6 |
MKC | 2023-12-20 | 2.7 | 3.6 | 30.0 | 23.3 |
MKC | 2023-12-19 | 2.8 | 3.6 | 30.6 | 23.7 |
MKC | 2023-12-18 | 2.8 | 3.6 | 30.3 | 23.5 |
MKC | 2023-12-15 | 2.7 | 3.6 | 30.0 | 23.3 |
MKC Growth Metrics
- The year over year price growth rate now stands at 7.79%.
- Its 3 year cash and equivalents growth rate is now at 230.79%.
- Its 2 year net income to common stockholders growth rate is now at 6.38%.
The table below shows MKC's growth in key financial areas (numbers in millions of US dollars).
Date | Revenue | Operating Cash Flow | Net Income to Common Stock |
---|---|---|---|
2022-12-31 | 6,350.5 | 651.5 | 644.2 |
2022-09-30 | 6,385.1 | 705.5 | 660.1 |
2022-06-30 | 6,338.9 | 754 | 648 |
2022-03-31 | 6,358.8 | 878.4 | 700.2 |
2021-12-31 | 6,317.9 | 828.3 | 703.1 |
2021-09-30 | 6,145.5 | 787.5 | 702.2 |
MKC's Quality Factors
The “Quality” component of the POWR Ratings focuses on 31 different factors of a companies fundamentals and operational strength. Here are some key insights as we drill into the specifics of these quality attributes.- MKC has a Quality Grade of C, ranking ahead of 53.35% of graded US stocks.
- MKC's asset turnover comes in at 0.487 -- ranking 43rd of 58 Food Products stocks.
- SAFM, LWAY, and RIBT are the stocks whose asset turnover ratios are most correlated with MKC.
The table below shows MKC's key quality metrics over time.
Period | Asset Turnover | Gross Margin | ROIC |
---|---|---|---|
2021-08-31 | 0.487 | 0.399 | 0.167 |
2021-05-31 | 0.498 | 0.405 | 0.172 |
2021-02-28 | 0.508 | 0.410 | 0.182 |
2020-11-30 | 0.509 | 0.411 | 0.186 |
2020-08-31 | 0.523 | 0.411 | 0.193 |
2020-05-31 | 0.519 | 0.409 | 0.190 |
MKC Price Target
For more insight on analysts targets of MKC, see our MKC price target page. And for a list of of all stocks sorted by upside potential based on analyst target price, see our Top Price Target page.
Average Price Target | $90.64 | Average Broker Recommendation | 2 (Hold) |
McCormick & Co. Inc. (MKC) Company Bio
McCormick & Company is an American food company that manufactures, markets, and distributes spices, seasoning mixes, condiments, and other flavoring products to retail outlets, food manufacturers, and foodservice businesses. (Source:Wikipedia)
Latest MKC News From Around the Web
Below are the latest news stories about MCCORMICK & CO INC that investors may wish to consider to help them evaluate MKC as an investment opportunity.
McCormick (MKC) Down More Than 25% in 6 Months: Here's WhyMcCormick has been grappling with cost inflation for a while now. A rising interest rate environment remains a threat to the company. |
McCormick (NYSE:MKC) investors are sitting on a loss of 25% if they invested three years agoMany investors define successful investing as beating the market average over the long term. But in any portfolio... |
How To Earn $500 Per Month From MKC (NYSE: MKC) StockThe share price of McCormick & Co. Inc. (NYSE:MKC) recently hit $65, and the company announced another increase in quarterly dividends. McCormick announced a $0.03 increase from $0.39 to $0.42 per share on its common stock to be paid on Jan. 8 to shareholders in the fourth quarter. Investors can take advantage of this opportunity and get more value for their stocks. McCormick shares have shown consistent growth over the years. According to President and CEO Brendan M. Foley, the company remains |
Tamarind unveiled as McCormick & Company’s 2024 flavorThe company also introduced Tamarind & Pasilla Chile Seasoning to mark the year of the sweet, sour and tangy flavor. |
McCormick & Company's 2050 Net-Zero Target Validated by Science Based Targets InitiativeMcCormick & Company, Incorporated (NYSE: MKC), a global leader in flavor, is one of several companies leading the journey to net-zero as it announced today that the Science Based Targets initiative (SBTi) has approved its net-zero science-based target by 2050. |
MKC Price Returns
1-mo | -2.68% |
3-mo | 2.00% |
6-mo | -22.91% |
1-year | -8.88% |
3-year | -23.44% |
5-year | 12.99% |
YTD | -3.80% |
2023 | -15.68% |
2022 | -12.65% |
2021 | 2.67% |
2020 | 14.29% |
2019 | 23.65% |
MKC Dividends
Ex-Dividend Date | Type | Payout Amount | Change | ||||||
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Continue Researching MKC
Here are a few links from around the web to help you further your research on Mccormick & Co Inc's stock as an investment opportunity:Mccormick & Co Inc (MKC) Stock Price | Nasdaq
Mccormick & Co Inc (MKC) Stock Quote, History and News - Yahoo Finance
Mccormick & Co Inc (MKC) Stock Price and Basic Information | MarketWatch
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