McCormick & Company, Incorporated with ticker code (MKC) have now 11 analysts in total covering the stock. The consensus rating is pointing to ‘hold’. The range between the high target price and low target price is between 100 and 66 calculating the mean target price we have $89.73. Given that the stocks previous close was at $80.49 and the analysts are correct then there would likely be a percentage uptick in value of 11.5%. It’s also worth noting that there is a 50 day moving average of $85.84 and the 200 day moving average is $83.39. The company has a market cap of 21.52B. The stock price is currently at: 80.1 USD
The potential market cap would be $23,994,521,089 based on the market consensus.
The company is not paying dividends at this time.
Other points of data to note are a P/E ratio of 30.93, revenue per share of 24.29 and a 4.78% return on assets.
McCormick & Company, Incorporated is engaged in manufacturing, marketing and distributing spices, seasoning mixes, condiments and other flavorful products to the entire food industry retailers, food manufacturers and foodservice businesses. The Company operates through two business segments: Consumer and Flavor Solutions. In the Consumer segment, it sells its products under the McCormick brand and a variety of brands around the world, including French’s, Frank’s RedHot, Lawry’s Cholula Hot Sauce and Club House, as well as brands, such as Gourmet Garden, OLD BAY, Zatarain’s, Stubb’s, Thai Kitchen, Simply Asia, Ducros, Schwartz, Kamis, DaQiao and La Drogheria. In the Flavor Solutions segment, the Company provides a range of products to multinational food manufacturers and food service customers. Its sales, distribution and production facilities are located in North America, Europe and China, and additional facilities are based in Australia, Central America, Thailand and South Africa.
