McCormick & Company, Incorporated with ticker code (MKC) have now 14 market analysts covering the stock. The analyst consensus now points to a rating of ‘hold’. The range between the high target price and low target price is between $92.00 and $66.00 and has a mean target at $76.72. Given that the stocks previous close was at $73.92 this would indicate that there is a potential upside of 3.8%. The 50 day moving average now sits at $70.56 and the 200 moving average now moves to $72.30. The market capitalization for the company is 20.05B. The stock price for the company is currently $74.69 USD
The potential market cap would be $20,814,207,472 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 28.51, revenue per share of $24.96 and a 5.01% 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.
