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The price of McCormick & Co., Inc (NYSE: MKC) closed at $81.34 in the last session, up 0.05% from day before closing price of $81.30. In other words, the price has increased by $0.05 from its previous closing price. On the day, 2.5 million shares were traded. MKC stock price reached its highest trading level at $81.5 during the session, while it also had its lowest trading level at $80.075.
Ratios:
We take a closer look at MKC’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 117.22 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 33.72. For the most recent quarter (mrq), Quick Ratio is recorded 0.31 and its Current Ratio is at 0.74. In the meantime, Its Debt-to-Equity ratio is 0.86 whereas as Long-Term Debt/Eq ratio is at 0.71.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, TD Cowen on January 08, 2025, Upgraded its rating to Buy and sets its target price to $90 from $86 previously.
On December 09, 2024, Jefferies Upgraded its rating to Buy which previously was Hold and also upped its target price recommendation from $85 to $91.
Citigroup Upgraded its Sell to Neutral on June 12, 2024, whereas the target price for the stock was revised from $68 to $69.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Feb 13 ’25 when PRESTON MARGARET M V sold 28,092 shares for $77.03 per share. The transaction valued at 2,163,927 led to the insider holds 6,177 shares of the business.
Kurzius Lawrence Erik sold 50,000 shares of MKC for $3,840,320 on Feb 03 ’25. The Director now owns 276,895 shares after completing the transaction at $76.81 per share. On Nov 11 ’24, another insider, Tapiero Jacques, who serves as the Director of the company, sold 5,000 shares for $77.34 each. As a result, the insider received 386,702 and left with 28,217 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, MKC now has a Market Capitalization of 21814816768 and an Enterprise Value of 26253467648. As of this moment, McCormick’s Price-to-Earnings (P/E) ratio for their current fiscal year is 27.82, and their Forward P/E ratio for the next fiscal year is 24.44. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 4.00. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.24 while its Price-to-Book (P/B) ratio in mrq is 4.12. Its current Enterprise Value per Revenue stands at 3.905 whereas that against EBITDA is 20.752.
Stock Price History:
The Beta on a monthly basis for MKC is 0.76, which has changed by 0.17069662 over the last 52 weeks, in comparison to a change of 0.08275449 over the same period for the S&P500. 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 4.21%, while the 200-Day Moving Average is calculated to be 5.27%.
Shares Statistics:
According to the various share statistics, MKC traded on average about 2.04M shares per day over the past 3-months and 2518540 shares per day over the past 10 days. A total of 252.30M shares are outstanding, with a floating share count of 252.00M. Insiders hold about 6.02% of the company’s shares, while institutions hold 82.20% stake in the company. Shares short for MKC as of 1740700800 were 6572873 with a Short Ratio of 3.22, compared to 1738281600 on 5716821.
Dividends & Splits
The forward annual dividend rate for MKC is 1.71, which was 1.68 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.020664206The stock’s 5-year Average Dividend Yield is 1.76. The current Payout Ratio is 57.44% for MKC, which recently paid a dividend on 2024-12-30 with an ex-dividend date of 1735516800. Stock splits for the company last occurred on 2020-12-01 when the company split stock in a 2:1 ratio.
Earnings Estimates
The current rating of McCormick & Co., Inc (MKC) is the result of assessments by 10.0 analysts actively engaged in evaluating its market dynamics.The consensus estimate for the next quarter is $0.69, with high estimates of $0.7 and low estimates of $0.67.
Analysts are recommending an EPS of between $3.1 and $3.03 for the fiscal current year, implying an average EPS of $3.07. EPS for the following year is $3.32, with 13.0 analysts recommending between $3.42 and $3.25.
Revenue Estimates
According to 6 analysts, the current quarter’s revenue is expected to be $1.61B. It ranges from a high estimate of $1.62B to a low estimate of $1.61B. As of the current estimate, McCormick & Co., Inc’s year-ago sales were $1.6BFor the next quarter, 6 analysts are estimating revenue of $1.68B. There is a high estimate of $1.69B for the next quarter, whereas the lowest estimate is $1.67B.
A total of 13 analysts have provided revenue estimates for MKC’s current fiscal year. The highest revenue estimate was $6.88B, while the lowest revenue estimate was $6.81B, resulting in an average revenue estimate of $6.83B. In the same quarter a year ago, actual revenue was $6.72BBased on 15 analysts’ estimates, the company’s revenue will be $7.06B in the next fiscal year. The high estimate is $7.15B and the low estimate is $6.94B.
