In the pursuit of market outperformance, investors navigate the landscape of stock selection. The right picks can play a pivotal role in enhancing your wealth.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
McCormick & Co., Inc. (NYSE: MKC) closed the day trading at $79.63 up 0.31% from the previous closing price of $79.38. In other words, the price has increased by $0.31 from its previous closing price. On the day, 1.4 million shares were traded. MKC stock price reached its highest trading level at $79.72 during the session, while it also had its lowest trading level at $79.1.
Ratios:
For a better understanding of MKC, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 106.42 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 27.59. For the most recent quarter (mrq), Quick Ratio is recorded 0.32 and its Current Ratio is at 0.71. In the meantime, Its Debt-to-Equity ratio is 0.85 whereas as Long-Term Debt/Eq ratio is at 0.62.
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, Citigroup on June 12, 2024, Upgraded its rating to Neutral and sets its target price to $69 from $68 previously.
On February 01, 2024, Citigroup started tracking the stock assigning a Sell rating and target price of $60.Citigroup initiated its Sell rating on February 01, 2024, with a $60 target price.
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 Aug 15 ’24 when Montiel Maritza Gomez sold 9,816 shares for $76.84 per share. The transaction valued at 754,307 led to the insider holds 5,594 shares of the business.
Kurzius Lawrence Erik sold 25,000 shares of MKC for $1,875,000 on Jul 17 ’24. The Director now owns 0 shares after completing the transaction at $75.00 per share. On May 21 ’24, another insider, Kurzius Lawrence Erik, who serves as the Director of the company, sold 80,000 shares for $73.75 each. As a result, the insider received 5,900,024 and left with 199,258 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 21363931136 and an Enterprise Value of 25821972480. As of this moment, McCormick’s Price-to-Earnings (P/E) ratio for their current fiscal year is 27.09, and their Forward P/E ratio for the next fiscal year is 25.49. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.87. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.20 while its Price-to-Book (P/B) ratio in mrq is 3.94. Its current Enterprise Value per Revenue stands at 3.866 whereas that against EBITDA is 20.329.
Stock Price History:
Over the past 52 weeks, MKC has reached a high of $85.49, while it has fallen to a 52-week low of $59.13. The 50-Day Moving Average of the stock is -1.06%, while the 200-Day Moving Average is calculated to be 8.97%.
Shares Statistics:
Over the past 3-months, MKC traded about 1.87M shares per day on average, while over the past 10 days, MKC traded about 2361610 shares per day. A total of 268.36M shares are outstanding, with a floating share count of 251.73M. Insiders hold about 6.19% of the company’s shares, while institutions hold 81.37% stake in the company. Shares short for MKC as of 1726185600 were 5654571 with a Short Ratio of 3.02, compared to 1723680000 on 6948637.
Dividends & Splits
MKC’s forward annual dividend rate is 1.68, up from 1.65 a year ago. Against a Trailing Annual Dividend Yield of 0.020786094The stock’s 5-year Average Dividend Yield is 1.7.
