McCormick & Co. Inc. (MKC): Price and Financial Metrics

McCormick & Co. Inc. (MKC): $66.15

0.60 (+0.92%)

POWR Rating

Component Grades

Momentum

C

Stability

C

Sentiment

Quality

B

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Industry: Food Makers

Industry

C

Ranked

#56 of 78

in industry

MKC Price/Volume Stats

Current price $66.15 52-week high $94.39
Prev. close $65.55 52-week low $59.13
Day low $64.86 Volume 1,746,600
Day high $66.74 Avg. volume 2,101,188
50-day MA $67.12 Dividend yield 2.54%
200-day MA $76.31 Market Cap 17.74B

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%.
MKC's revenue has moved up $949,900,000 over the prior 52 months.

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)


MKC Latest News Stream


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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 Why

McCormick has been grappling with cost inflation for a while now. A rising interest rate environment remains a threat to the company.

Yahoo | December 26, 2023

McCormick (NYSE:MKC) investors are sitting on a loss of 25% if they invested three years ago

Many investors define successful investing as beating the market average over the long term. But in any portfolio...

Yahoo | December 16, 2023

How To Earn $500 Per Month From MKC (NYSE: MKC) Stock

The 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

Yahoo | December 14, 2023

Tamarind unveiled as McCormick & Company’s 2024 flavor

The company also introduced Tamarind & Pasilla Chile Seasoning to mark the year of the sweet, sour and tangy flavor.

Yahoo | December 14, 2023

McCormick & Company's 2050 Net-Zero Target Validated by Science Based Targets Initiative

McCormick & 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.

Yahoo | December 11, 2023

Read More 'MKC' Stories Here

MKC Price Returns

1-mo 1.72%
3-mo 1.80%
6-mo -17.99%
1-year -10.79%
3-year -16.91%
5-year 10.30%
YTD -3.32%
2023 -15.68%
2022 -12.65%
2021 2.67%
2020 14.29%
2019 23.65%

MKC Dividends

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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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