McCormick & Company, Incorporated which can be found using ticker (MKC) now have 11 confirmed analysts covering the stock with the consensus suggesting a rating of ‘hold’. The range between the high target price and low target price is between 100 and 66 with the average target price sitting at $89.73. Given that the stocks previous close was at $84.97 this is indicating there is a potential upside of 5.6%. Also worth taking note is the 50 day moving average now sits at $88.18 while the 200 day moving average is $83.35. The market capitalization for the company is 22.46B. The stock price for the company is currently is currently 83.66 USD
The potential market cap would be $23,717,004,028 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 32.3, 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.
