Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
After finishing at $73.56 in the prior trading day, McCormick & Co., Inc (NYSE: MKC) closed at $74.74, up 1.60%. In other words, the price has increased by $1.60 from its previous closing price. On the day, 2.43 million shares were traded.
Ratios:
Our goal is to gain a better understanding of MKC by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 194.94 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 30.88. For the most recent quarter (mrq), Quick Ratio is recorded 0.25 and its Current Ratio is at 0.65. In the meantime, Its Debt-to-Equity ratio is 0.79 whereas as Long-Term Debt/Eq ratio is at 0.57.
On January 08, 2025, TD Cowen Upgraded its rating to Buy which previously was Hold and also upped its target price recommendation from $86 to $90.
Jefferies Upgraded its Hold to Buy on December 09, 2024, whereas the target price for the stock was revised from $85 to $91.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on May 12 ’25 when Jenkins Katherine sold 7,642 shares for $76.38 per share. The transaction valued at 583,696 led to the insider holds 0 shares of the business.
Repas Gregory sold 2,750 shares of MKC for $223,905 on Apr 03 ’25. The V.P. & Controller now owns 2,266 shares after completing the transaction at $81.42 per share. On Apr 02 ’25, another insider, Kurzius Lawrence Erik, who serves as the Director of the company, sold 50,000 shares for $81.81 each. As a result, the insider received 4,090,300 and left with 247,437 shares of the company.
Valuation Measures:
As of this moment, McCormick’s Price-to-Earnings (P/E) ratio for their current fiscal year is 25.66, and their Forward P/E ratio for the next fiscal year is 22.52. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.68. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.98 while its Price-to-Book (P/B) ratio in mrq is 3.70.
Stock Price History:
Over the past 52 weeks, MKC has reached a high of $86.24, while it has fallen to a 52-week low of $66.88. The 50-Day Moving Average of the stock is -4.05%, while the 200-Day Moving Average is calculated to be -4.76%.
Shares Statistics:
A total of 252.68M shares are outstanding, with a floating share count of 252.16M. Insiders hold about 5.98% of the company’s shares, while institutions hold 83.42% stake in the company.
